FTC Options History — May 2019

In May 2019, FTC traded between $65.69 and $68.99. ATM implied volatility averaged 17.2%, placing in the 12.9% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 3.5% (HV 20d: 13.7%). Max pain ranged from $66.00 to $66.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 6 of 22 days.

Notable Days

  • 2019-05-23: Highest Volume — 11 contracts
  • 2019-05-07: Largest IV spike — 73.7% change
  • 2019-05-13: Highest IV Rank — 32.7%
  • 2019-05-10: Largest Expected Move — 5.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$67.25$65.69$68.99$68.32$65.69
Max Pain$66.00$66.00$66.00$66.00$66.00
ATM IV17.2%10.0%29.3%13.3%17.6%
Expected Move4.7%2.9%5.9%3.8%5.0%
HV 20d13.7%7.5%17.4%7.5%17.4%
HV 60d11.7%9.5%13.1%9.6%12.9%
IV Rank12.9%1.2%32.7%6.5%13.5%
IV Percentile62.5%2.4%97.6%48.0%67.5%
Term Structure-0.2%-2.3%4.8%-1.0%-0.7%
VWIV17.6%16.1%19.2%19.2%16.1%
Skew 25d5.4%1.1%12.1%2.3%3.9%
Skew 10d6.0%1.6%12.1%3.3%6.4%
Call IV 25d11.6%9.2%14.5%13.0%14.5%
Put IV 25d17.0%10.3%22.4%15.2%18.4%
Bid-Ask Spread %115.6887.11137.77137.77104.22
Gamma HHI0.970.901.001.000.90
Net GEX-1.8K-7.7K00-7.3K
Net DEX9.4K043.0K043.0K
Net VEX-24-8500-78
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume1.18201100
Total OI3.273012012

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$68.32$0.0013.3%3.8%7.5%6.5%0.0%2.3%-1.0%0000.00137.77N/AN/A0000
2019-05-02$68.40$0.0010.0%2.9%7.5%1.2%0.0%1.1%4.8%0000.00133.93N/AN/A0000
2019-05-03$68.99$0.0012.0%3.5%7.8%4.4%0.0%3.2%1.3%0000.00128.35N/AN/A0000
2019-05-06$68.83$0.0011.7%4.2%7.7%3.8%0.0%5.6%-2.3%0000.0098.51N/AN/A0000
2019-05-07$67.40$0.0020.3%5.4%10.9%17.9%0.0%7.3%-1.2%0000.00107.10N/AN/A0100
2019-05-08$67.82$0.0018.6%4.9%11.1%15.2%0.0%7.3%-0.8%-2721.9K-100.00111.38N/AN/A0101
2019-05-09$67.60$0.0016.2%4.8%10.8%11.2%0.0%8.9%-0.4%-3022.2K-110.0087.11N/AN/A0101
2019-05-10$67.78$0.0027.3%5.9%10.9%29.4%0.0%12.1%-1.1%-2352.1K-110.00136.91N/AN/A0001
2019-05-13$66.01$0.0029.3%5.7%14.1%32.7%0.0%6.3%-0.4%-3012.6K-110.00112.48N/AN/A0001
2019-05-14$66.99$0.0020.6%4.4%15.3%18.5%0.0%9.6%1.2%-3292.1K-100.00107.53N/AN/A0101
2019-05-15$67.30$0.0017.8%5.1%15.3%13.9%0.0%1.1%-0.9%-3092.1K-100.00121.44N/AN/A0001
2019-05-16$67.91$0.0016.0%4.6%15.5%10.9%0.0%4.5%-0.3%-3051.6K-90.00126.65N/AN/A0001
2019-05-17$67.49$0.0016.4%4.7%15.6%11.5%0.0%4.8%0.6%-3031.8K-100.00125.00N/AN/A0001
2019-05-20$66.79$0.0017.3%5.0%16.0%13.0%0.0%5.9%-0.6%-3472.2K-100.00121.21N/AN/A0001
2019-05-21$67.53$0.0015.2%4.4%16.3%9.6%0.0%3.3%-0.1%-3171.9K-90.00133.24N/AN/A0001
2019-05-22$67.47$0.0013.8%4.0%16.2%7.4%0.0%2.7%0.9%-3511.8K-90.00104.29N/AN/A0001
2019-05-23$66.39$0.0019.3%5.5%17.0%16.3%19.2%8.1%-1.7%-3452.4K-100.00116.62N/AN/A01101
2019-05-24$66.66$66.0015.2%4.4%17.1%9.6%16.1%5.1%-0.2%-6.6K29.2K-850.0094.95N/AN/A011012
2019-05-28$66.20$66.0018.0%5.2%17.2%14.2%0.0%4.7%-0.4%-6.5K32.5K-820.00120.31N/AN/A00012
2019-05-29$65.70$66.0016.4%4.7%17.2%11.6%0.0%4.6%-0.9%-7.5K38.6K-820.00104.02N/AN/A00012
2019-05-30$66.17$66.0016.7%4.8%17.3%12.1%0.0%7.3%0.1%-7.7K38.3K-800.00112.04N/AN/A00012
2019-05-31$65.69$66.0017.6%5.0%17.4%13.5%0.0%3.9%-0.7%-7.3K43.0K-780.00104.22N/AN/A00012