FTC Options History — January 2020

In January 2020, FTC traded between $73.28 and $76.44. ATM implied volatility averaged 21.1%, placing in the 52.9% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded above realized volatility by 14.4% (HV 20d: 6.7%). Max pain ranged from $73.00 to $73.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2020-01-14: Highest Volume — 8 contracts
  • 2020-01-10: Largest IV spike — 86.7% change
  • 2020-01-14: Highest IV Rank — 96.6%
  • 2020-01-31: Largest Expected Move — 8.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$74.92$73.28$76.44$73.28$74.16
Max Pain$73.00$73.00$73.00$73.00$73.00
ATM IV21.1%11.7%30.8%26.4%28.1%
Expected Move5.1%3.4%8.1%7.6%8.1%
HV 20d6.7%5.0%11.5%5.8%11.5%
HV 60d7.4%6.6%8.6%8.1%8.6%
IV Rank52.9%10.9%96.6%76.9%84.5%
IV Percentile72.9%9.1%99.6%94.4%95.6%
Term Structure-0.4%-13.8%23.2%-12.8%-13.8%
Skew 25d3.4%-17.9%20.2%5.5%7.5%
Skew 10d6.3%-2.0%19.0%19.0%7.4%
Call IV 25d16.5%8.2%26.5%16.7%26.5%
Put IV 25d19.9%8.6%34.0%22.1%34.0%
Bid-Ask Spread %167.13107.62190.37148.94157.55
Gamma HHI0.750.501.000.501.00
Net GEX7.2K79920.1K8.7K821
Net DEX-58.3K-136.1K-12.2K-57.5K-12.2K
Net VEX-85-144-53-94-60
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.5240800
Total OI11.857319163

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-01-02$73.28$73.0026.4%7.6%5.8%76.9%0.0%5.5%-12.8%8.7K-57.5K-940.00148.94N/AN/A00160
2020-01-03$73.51$73.0022.0%6.3%5.6%57.2%0.0%-17.9%-10.4%11.1K-53.4K-860.00149.31N/AN/A30160
2020-01-06$73.48$0.0024.3%4.2%5.6%67.3%0.0%3.3%0.6%12.1K-71.0K-1440.00181.32N/AN/A00190
2020-01-07$73.63$0.0027.0%4.6%5.4%79.5%0.0%10.8%-1.6%10.4K-75.5K-1400.00190.37N/AN/A00190
2020-01-08$74.08$0.0024.2%4.8%5.1%67.1%0.0%5.6%-4.9%12.8K-85.7K-1340.00185.17N/AN/A00190
2020-01-09$74.41$0.0014.0%3.6%5.0%21.2%0.0%2.8%1.2%20.1K-96.3K-1210.00161.87N/AN/A00190
2020-01-10$74.24$0.0026.2%4.4%5.2%75.8%0.0%1.8%-3.3%13.6K-86.1K-1250.00188.50N/AN/A00190
2020-01-13$74.95$0.0029.2%3.6%5.9%89.5%0.0%5.6%-2.5%18.7K-101.9K-980.00179.95N/AN/A00190
2020-01-14$75.03$0.0030.8%4.7%5.9%96.6%0.0%1.8%-1.1%13.9K-106.1K-940.00158.70N/AN/A80190
2020-01-15$75.13$0.0014.5%4.2%5.7%23.4%0.0%-0.5%-0.9%12.6K-104.6K-890.00153.74N/AN/A00190
2020-01-16$75.80$0.0017.0%4.9%6.0%34.4%0.0%-1.4%-3.5%9.5K-124.5K-710.00168.79N/AN/A00190
2020-01-17$76.05$0.0012.4%3.5%5.9%13.7%0.0%4.0%6.8%854-136.1K-610.00179.55N/AN/A00190
2020-01-21$76.11$0.0017.8%5.1%5.9%38.1%0.0%-4.8%22.6%865-16.4K-530.00161.31N/AN/A0030
2020-01-22$76.24$0.0017.7%5.1%5.6%37.6%0.0%-2.5%23.2%836-15.1K-590.00165.97N/AN/A0030
2020-01-23$76.44$0.0018.3%5.3%5.4%40.5%0.0%-7.2%-1.9%855-14.7K-580.00178.72N/AN/A0030
2020-01-24$75.65$0.0019.7%5.6%7.1%46.5%0.0%14.2%-2.5%822-14.3K-590.00180.87N/AN/A0030
2020-01-27$74.65$0.0020.4%5.8%8.9%49.8%0.0%0.9%-6.3%821-12.7K-600.00181.03N/AN/A0030
2020-01-28$75.61$0.0011.7%3.4%9.8%10.9%0.0%2.4%4.0%799-13.3K-600.00107.62N/AN/A0030
2020-01-29$75.50$0.0020.4%5.9%9.5%50.0%0.0%19.8%-1.3%829-14.0K-590.00158.52N/AN/A0030
2020-01-30$75.43$0.0020.6%5.9%9.5%50.9%0.0%20.2%-1.1%821-13.3K-600.00171.96N/AN/A0030
2020-01-31$74.16$0.0028.1%8.1%11.5%84.5%0.0%7.5%-13.8%821-12.2K-600.00157.55N/AN/A0030