FTC Options History — March 2019

In March 2019, FTC traded between $64.12 and $67.14. ATM implied volatility averaged 13.8%, placing in the 7.4% IV rank vs the trailing year. The 30-day expected move averaged 4.1%. IV traded above realized volatility by 3.1% (HV 20d: 10.8%). Net GEX was positive for 6 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2019-03-05: Highest Volume — 9 contracts
  • 2019-03-08: Largest IV spike — 27.9% change
  • 2019-03-08: Highest IV Rank — 15.3%
  • 2019-03-08: Largest Expected Move — 5.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$65.84$64.12$67.14$66.31$66.98
ATM IV13.8%11.7%18.7%12.2%13.1%
Expected Move4.1%3.3%5.4%3.5%3.9%
HV 20d10.8%6.8%12.9%6.8%12.9%
HV 60d17.6%13.7%20.9%20.9%13.7%
IV Rank7.4%3.8%15.3%4.7%6.2%
IV Percentile42.0%17.9%72.2%23.4%38.1%
Term Structure1.2%-0.4%2.9%1.5%0.5%
Skew 25d4.3%1.4%10.7%3.6%1.4%
Skew 10d2.9%0.3%6.6%6.6%2.1%
Call IV 25d10.8%8.1%13.0%11.9%13.0%
Put IV 25d15.1%12.6%18.9%15.5%14.4%
Bid-Ask Spread %118.1975.76144.93135.29131.55
Gamma HHI1.001.001.001.001.00
Net GEX1.2K04.4K4.0K0
Net DEX-11.1K-45.7K0-45.7K0
Net VEX-21-770-640
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.7140900
Total OI2.5710990

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$66.31$0.0012.2%3.5%6.8%4.7%0.0%3.6%1.5%4.0K-45.7K-640.00135.29N/AN/A0090
2019-03-04$65.58$0.0014.7%4.2%8.4%8.8%0.0%10.2%1.4%4.4K-40.2K-740.00131.91N/AN/A0090
2019-03-05$65.67$0.0011.7%3.3%8.3%3.9%0.0%2.4%1.4%4.2K-41.6K-690.00133.53N/AN/A9090
2019-03-06$65.01$0.0013.3%3.8%9.2%6.5%0.0%4.5%1.4%4.1K-38.6K-740.00124.05N/AN/A9090
2019-03-07$64.43$0.0014.6%4.2%9.8%8.6%0.0%3.7%0.7%4.2K-36.2K-740.00128.16N/AN/A9090
2019-03-08$64.12$0.0018.7%5.4%9.9%15.3%0.0%2.7%0.5%4.4K-30.0K-770.00144.93N/AN/A9090
2019-03-11$65.09$0.0016.0%4.6%11.0%10.9%0.0%10.7%2.9%0000.0075.76N/AN/A0000
2019-03-12$65.46$0.0012.9%4.3%11.0%5.9%0.0%2.0%1.8%0000.00113.84N/AN/A0000
2019-03-13$65.83$0.0013.9%4.4%10.6%7.5%0.0%6.1%1.5%0000.0080.93N/AN/A0000
2019-03-14$65.74$0.0012.0%4.1%10.6%4.3%0.0%1.7%2.2%0000.00112.96N/AN/A0000
2019-03-15$65.98$0.0011.7%4.0%10.6%3.8%0.0%1.9%2.3%0000.00113.43N/AN/A0000
2019-03-18$66.29$0.0013.6%3.7%10.5%7.0%0.0%6.0%-0.4%0000.00135.43N/AN/A0000
2019-03-19$66.27$0.0012.8%3.8%10.5%5.8%0.0%1.6%0.4%0000.00130.59N/AN/A0000
2019-03-20$66.33$0.0012.9%3.9%10.4%5.9%0.0%1.9%0.7%0000.00130.22N/AN/A0000
2019-03-21$67.14$0.0012.3%3.7%11.0%4.8%0.0%1.7%0.8%0000.00121.43N/AN/A0000
2019-03-22$65.87$0.0015.7%4.4%12.9%10.4%0.0%7.9%1.3%0000.00117.22N/AN/A0000
2019-03-25$65.92$0.0015.1%4.6%12.8%9.4%0.0%8.1%1.0%0000.00110.59N/AN/A0000
2019-03-26$66.08$0.0014.4%4.3%12.8%8.3%0.0%3.9%1.1%0000.00119.28N/AN/A0000
2019-03-27$66.12$0.0016.2%4.4%12.8%11.3%0.0%4.1%0.2%0000.00114.51N/AN/A0000
2019-03-28$66.43$0.0013.1%4.1%12.9%6.2%0.0%3.4%1.2%0000.0076.42N/AN/A0000
2019-03-29$66.98$0.0013.1%3.9%12.9%6.2%0.0%1.4%0.5%0000.00131.55N/AN/A0000