FTC Options History — October 2018

In October 2018, FTC traded between $59.58 and $70.40. ATM implied volatility averaged 18.8%, placing in the 8.8% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 1.5% (HV 20d: 17.3%). Max pain ranged from $61.00 to $61.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 7 of 23 days. Put/call ratio averaged 0.28.

Notable Days

  • 2018-10-01: Highest Volume — 33 contracts
  • 2018-10-11: Largest IV spike — 46.8% change
  • 2018-10-29: Highest IV Rank — 23.6%
  • 2018-10-29: Largest Expected Move — 10.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$65.20$59.58$70.40$70.40$62.56
Max Pain$61.00$61.00$61.00$61.00$61.00
ATM IV18.8%12.7%34.9%13.4%19.8%
Expected Move5.4%3.6%10.0%3.8%5.7%
HV 20d17.3%8.3%27.6%8.7%27.6%
HV 60d13.6%10.0%17.9%10.0%17.9%
IV Rank8.8%3.1%23.6%3.7%9.7%
IV Percentile85.7%49.6%99.2%64.7%91.7%
Term Structure-1.5%-6.9%2.1%-1.1%-6.9%
VWIV24.9%23.5%26.3%26.3%25.0%
Skew 25d3.2%-5.5%8.8%1.8%8.6%
Skew 10d3.6%-4.2%11.2%5.5%11.2%
Call IV 25d17.4%12.3%33.4%12.3%20.0%
Put IV 25d20.6%13.6%36.7%14.1%28.6%
Bid-Ask Spread %118.72103.52140.84131.85139.24
Gamma HHI0.630.311.000.361.00
Net GEX6.6K34720.6K2.1K676
Net DEX-74.7K-154.0K-1.6K-154.0K-3.1K
Net VEX-57-129-14-51-21
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.280.000.430.430.00
Total Volume22.565333333
Total OI22.565333333

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-10-01$70.40$61.0013.4%3.8%8.7%3.7%26.3%1.8%-1.1%2.1K-154.0K-510.43131.85N/AN/A23102310
2018-10-02$69.96$61.0012.9%3.7%9.0%3.3%23.5%1.9%0.7%2.7K-150.8K-590.43125.70N/AN/A23102310
2018-10-03$70.11$61.0012.7%3.6%8.3%3.1%25.0%2.7%0.6%2.3K-151.8K-540.43130.21N/AN/A23102310
2018-10-04$68.87$0.0013.7%3.6%10.5%4.0%0.0%0.7%2.1%3.9K-144.6K-700.43110.53N/AN/A23102310
2018-10-05$68.46$0.0015.8%4.5%10.6%6.0%0.0%-0.4%-2.0%5.2K-139.9K-760.43104.80N/AN/A23102310
2018-10-08$67.80$0.0015.9%4.5%10.7%6.1%0.0%-0.7%-1.1%7.2K-131.6K-850.43110.85N/AN/A23102310
2018-10-09$67.73$0.0016.6%4.0%10.4%6.7%0.0%2.4%0.7%6.8K-132.1K-840.43123.25N/AN/A23102310
2018-10-10$64.98$0.0014.7%4.2%17.4%4.9%0.0%-5.5%-0.3%12.7K-93.9K-1170.43103.52N/AN/A23102310
2018-10-11$64.09$0.0021.5%6.2%17.6%11.3%0.0%7.1%-3.0%9.0K-52.8K-1290.43128.35N/AN/A23102310
2018-10-12$64.74$0.0019.7%5.6%18.1%9.5%0.0%4.7%-2.3%10.2K-70.6K-1240.43140.84N/AN/A23102310
2018-10-15$64.87$0.0018.2%5.2%18.0%8.2%0.0%6.4%-0.9%17.5K-80.1K-900.43118.52N/AN/A23102310
2018-10-16$66.22$0.0017.8%5.1%19.5%7.8%0.0%8.8%-1.4%14.8K-125.9K-520.43117.38N/AN/A23102310
2018-10-17$65.94$0.0016.5%4.7%19.5%6.7%0.0%2.7%-0.7%16.2K-113.3K-630.43121.85N/AN/A23102310
2018-10-18$64.93$0.0020.0%5.7%19.6%9.9%0.0%-1.7%-3.0%20.6K-84.2K-620.43106.14N/AN/A23102310
2018-10-19$64.23$0.0019.8%5.7%19.8%9.7%0.0%-0.5%-2.7%16.5K-69.3K-340.43108.16N/AN/A23102310
2018-10-22$64.46$0.0019.0%5.4%19.9%8.9%0.0%4.0%0.4%821-4.9K-300.00115.00N/AN/A3030
2018-10-23$63.76$0.0017.8%5.1%19.7%7.8%0.0%8.3%0.1%706-4.1K-270.00116.75N/AN/A3030
2018-10-24$61.89$0.0022.2%6.4%21.4%11.9%0.0%-1.0%0.5%607-3.7K-240.00108.74N/AN/A3030
2018-10-25$62.17$0.0019.8%5.7%21.7%9.7%0.0%4.9%-0.4%533-2.4K-190.00123.39N/AN/A3030
2018-10-26$60.81$0.0024.1%6.9%22.4%13.7%0.0%6.2%-4.1%377-1.6K-140.00118.20N/AN/A3030
2018-10-29$59.58$0.0034.9%10.0%22.6%23.6%0.0%3.3%-4.9%347-2.3K-170.00113.23N/AN/A3030
2018-10-30$61.12$0.0026.2%7.5%25.6%15.6%0.0%8.8%-4.1%431-2.1K-160.00113.96N/AN/A3030
2018-10-31$62.56$0.0019.8%5.7%27.6%9.7%0.0%8.6%-6.9%676-3.1K-210.00139.24N/AN/A3030