FTC Options History — August 2019

In August 2019, FTC traded between $68.14 and $71.30. ATM implied volatility averaged 22.0%, placing in the 20.5% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 3.0% (HV 20d: 19.0%). Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2019-08-07: Highest Volume — 4 contracts
  • 2019-08-23: Largest IV spike — 67.3% change
  • 2019-08-13: Highest IV Rank — 36.4%
  • 2019-08-23: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$70.32$68.14$71.30$71.15$70.90
ATM IV22.0%16.0%31.6%20.8%18.4%
Expected Move5.7%4.6%8.4%6.0%5.3%
HV 20d19.0%6.9%23.6%6.9%23.2%
HV 60d14.9%12.7%16.0%12.7%15.2%
IV Rank20.5%10.9%36.4%18.8%13.9%
IV Percentile79.7%53.6%98.8%83.3%66.3%
Term Structure-0.6%-6.5%1.2%1.1%-0.9%
Skew 25d5.3%0.7%13.2%0.7%10.0%
Skew 10d8.6%1.5%16.4%3.4%16.4%
Call IV 25d15.2%10.2%19.1%15.0%16.9%
Put IV 25d20.5%15.7%29.9%15.7%26.8%
Bid-Ask Spread %140.19111.91179.11165.25150.43
Gamma HHI1.001.001.001.001.00
Net GEX75301.1K01.0K
Net DEX-8.0K-11.7K00-10.4K
Net VEX-53-7400-65
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.2270401
Total OI3.0910404

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$71.15$0.0020.8%6.0%6.9%18.8%0.0%0.7%1.1%0000.00165.25N/AN/A0000
2019-08-02$70.28$0.0017.6%5.1%8.1%13.6%0.0%2.8%0.8%0000.00138.32N/AN/A0000
2019-08-05$68.14$0.0025.9%5.9%13.4%27.1%0.0%4.4%1.2%0000.00124.69N/AN/A0000
2019-08-06$69.17$0.0023.5%5.9%14.6%23.2%0.0%5.9%-0.6%0000.00127.45N/AN/A0000
2019-08-07$69.72$0.0027.4%5.6%14.9%29.5%0.0%2.5%-1.3%0000.00150.84N/AN/A4000
2019-08-08$71.24$0.0020.4%5.1%17.0%18.2%0.0%5.2%0.3%1.0K-11.7K-740.00137.87N/AN/A0040
2019-08-09$71.12$0.0022.9%5.1%16.9%22.2%0.0%5.6%0.3%1.0K-11.4K-740.00137.95N/AN/A0040
2019-08-12$69.90$0.0029.5%5.6%17.9%33.0%0.0%3.2%0.1%933-9.6K-670.00135.41N/AN/A0040
2019-08-13$70.85$0.0031.6%5.3%18.6%36.4%0.0%5.9%-0.4%1.0K-11.0K-700.00141.85N/AN/A0040
2019-08-14$69.02$0.0022.5%6.5%20.7%21.6%0.0%4.6%-1.0%832-8.8K-660.00131.10N/AN/A0040
2019-08-15$69.38$0.0022.7%6.5%20.8%21.9%0.0%6.0%-1.4%852-9.2K-660.00131.01N/AN/A0040
2019-08-16$70.28$0.0019.8%5.7%21.4%17.2%0.0%3.6%-0.3%947-10.2K-690.00143.71N/AN/A0040
2019-08-19$71.06$0.0017.5%5.0%21.8%13.4%0.0%8.8%0.1%1.0K-11.2K-720.00111.91N/AN/A0040
2019-08-20$70.75$0.0016.0%4.6%21.8%10.9%0.0%7.9%0.8%1.0K-10.6K-690.00113.38N/AN/A0040
2019-08-21$71.24$0.0017.4%5.0%21.8%12.3%0.0%5.4%0.1%1.1K-11.4K-710.00151.49N/AN/A0040
2019-08-22$71.30$0.0017.4%5.0%21.8%12.3%0.0%5.1%0.8%1.1K-10.6K-690.00138.27N/AN/A0040
2019-08-23$69.63$0.0029.1%8.4%23.0%31.7%0.0%13.2%-6.5%818-9.9K-670.00149.03N/AN/A0040
2019-08-26$69.98$0.0021.1%6.1%23.1%18.5%0.0%3.2%-4.5%1.1K-8.5K-610.00179.11N/AN/A0040
2019-08-27$70.19$0.0022.3%6.4%23.2%20.4%0.0%5.1%-1.7%929-10.0K-670.00139.03N/AN/A0040
2019-08-28$70.37$0.0021.5%6.2%23.2%19.1%0.0%2.6%-0.5%913-10.5K-660.00143.80N/AN/A0040
2019-08-29$71.29$0.0019.2%5.5%23.6%15.2%0.0%4.8%-0.6%998-11.4K-680.00142.33N/AN/A0040
2019-08-30$70.90$0.0018.4%5.3%23.2%13.9%0.0%10.0%-0.9%1.0K-10.4K-650.00150.43N/AN/A1040