FTC Options History — November 2018

In November 2018, FTC traded between $59.50 and $64.90. ATM implied volatility averaged 21.8%, placing in the 11.5% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded below realized volatility by 4.1% (HV 20d: 25.9%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2018-11-29: Highest Volume — 13 contracts
  • 2018-11-13: Largest IV spike — 58.0% change
  • 2018-11-13: Highest IV Rank — 23.1%
  • 2018-11-02: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$62.29$59.50$64.90$63.16$63.08
ATM IV21.8%17.2%34.3%20.7%19.6%
Expected Move5.7%4.4%7.0%5.9%5.6%
HV 20d25.9%23.7%27.8%27.7%23.7%
HV 60d19.7%18.0%21.8%18.1%21.8%
IV Rank11.5%7.3%23.1%10.5%9.5%
IV Percentile90.5%81.0%98.8%93.7%84.5%
Term Structure-1.3%-3.9%0.4%-0.1%-1.6%
Skew 25d4.4%-0.5%13.0%9.1%7.3%
Skew 10d5.3%-0.0%12.1%3.9%3.8%
Call IV 25d18.6%13.1%23.7%17.0%17.7%
Put IV 25d23.1%20.0%26.1%26.1%25.0%
Bid-Ask Spread %117.5289.78146.18120.74117.53
Gamma HHI0.970.661.001.000.66
Net GEX7691862.9K6352.9K
Net DEX-5.6K-35.3K-581-3.3K-35.3K
Net VEX-31-168-5-23-168
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume3.952313313
Total OI3.952313313

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-11-01$63.16$0.0020.7%5.9%27.7%10.5%0.0%9.1%-0.1%635-3.3K-230.00120.74N/AN/A3030
2018-11-02$63.08$0.0024.5%7.0%27.7%14.0%0.0%1.5%-3.7%636-3.8K-240.00115.20N/AN/A3030
2018-11-05$63.04$0.0028.9%5.9%27.7%18.1%0.0%2.0%-0.2%759-4.2K-250.00144.46N/AN/A3030
2018-11-06$63.19$0.0024.2%5.8%27.8%13.7%0.0%3.3%-1.4%663-3.1K-210.0093.15N/AN/A3030
2018-11-07$64.90$0.0017.2%4.4%25.9%7.3%0.0%4.3%-0.2%964-4.0K-240.00127.71N/AN/A3030
2018-11-08$64.52$0.0017.8%4.5%25.5%7.8%0.0%5.8%0.3%989-4.9K-280.00107.98N/AN/A3030
2018-11-09$64.05$0.0024.9%5.0%25.3%14.3%0.0%2.4%0.4%820-5.1K-280.00130.62N/AN/A3030
2018-11-12$62.63$0.0021.7%5.8%26.5%11.4%0.0%2.9%-0.9%723-3.4K-210.0089.78N/AN/A3030
2018-11-13$62.25$0.0034.3%5.9%25.1%23.1%0.0%2.1%-1.0%538-2.4K-160.00114.06N/AN/A3030
2018-11-14$61.94$0.0020.3%5.8%25.1%10.1%0.0%1.4%-0.6%467-1.7K-130.00120.04N/AN/A3030
2018-11-15$62.42$0.0021.5%6.2%25.0%11.2%0.0%13.0%-2.4%559-2.4K-160.00125.91N/AN/A3030
2018-11-16$62.69$0.0018.8%5.4%24.8%8.7%0.0%3.3%-0.9%591-2.5K-160.00112.59N/AN/A3030
2018-11-19$60.70$0.0020.2%5.8%27.1%10.0%0.0%-0.5%-1.1%335-1.3K-100.00102.22N/AN/A3030
2018-11-20$59.50$0.0021.3%6.1%27.6%11.1%0.0%1.1%-0.6%186-581-50.00111.34N/AN/A3030
2018-11-21$60.16$0.0020.5%5.9%26.2%10.3%0.0%3.9%-0.8%258-885-70.00114.29N/AN/A3030
2018-11-23$59.85$0.0023.0%6.6%26.2%12.6%0.0%2.1%-2.9%252-920-70.00146.18N/AN/A3030
2018-11-26$60.85$0.0019.4%5.6%25.8%9.3%0.0%6.3%-3.9%313-1.1K-90.00123.73N/AN/A3030
2018-11-27$60.72$0.0020.7%5.9%24.7%10.5%0.0%4.0%-1.4%264-792-70.00114.24N/AN/A3030
2018-11-28$62.56$0.0018.3%5.3%25.3%8.3%0.0%9.0%-0.7%514-1.7K-110.00120.04N/AN/A3030
2018-11-29$62.83$0.0020.1%5.8%23.9%10.0%0.0%8.6%-2.9%2.8K-34.6K-1680.00116.16N/AN/A130130
2018-11-30$63.08$0.0019.6%5.6%23.7%9.5%0.0%7.3%-1.6%2.9K-35.3K-1680.00117.53N/AN/A130130