FTC Options History — May 2020

In May 2020, FTC traded between $66.35 and $73.90. ATM implied volatility averaged 35.6%, placing in the 43.3% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 7.1% (HV 20d: 28.5%). Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days.

Notable Days

  • 2020-05-28: Largest IV spike — 39.3% change
  • 2020-05-12: Highest IV Rank — 63.4%
  • 2020-05-04: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$70.39$66.35$73.90$66.35$73.90
ATM IV35.6%22.8%47.8%39.3%27.7%
Expected Move9.7%6.5%11.7%11.3%7.9%
HV 20d28.5%22.1%40.6%40.6%22.1%
HV 60d56.7%55.3%57.5%56.6%55.3%
IV Rank43.3%22.2%63.4%49.4%30.3%
IV Percentile80.9%64.3%92.1%86.1%69.8%
Term Structure-1.7%-10.8%9.1%0.7%3.4%
Skew 25d9.7%0.7%19.9%3.8%6.6%
Skew 10d13.4%0.6%30.5%30.5%10.8%
Call IV 25d29.6%17.6%38.5%34.5%24.8%
Put IV 25d39.3%31.4%45.5%38.3%31.4%
Bid-Ask Spread %85.3254.91118.9493.03118.94
Gamma HHI1.001.001.001.001.00
Net GEX659434881434881
Net DEX-7.8K-11.0K-4.8K-4.8K-11.0K
Net VEX-32-36-29-29-32
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI33333

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-05-01$66.35$0.0039.3%11.3%40.6%49.4%0.0%3.8%0.7%434-4.8K-290.0093.03N/AN/A0030
2020-05-04$67.09$0.0041.0%11.7%39.6%52.2%0.0%12.8%-5.3%467-5.3K-310.0063.20N/AN/A0030
2020-05-05$68.42$0.0039.4%10.4%30.5%49.6%0.0%7.3%-3.2%555-5.8K-310.0073.41N/AN/A0030
2020-05-06$68.69$0.0034.4%9.8%30.3%41.4%0.0%0.7%7.3%537-6.4K-320.0071.80N/AN/A0030
2020-05-07$69.74$0.0038.2%9.6%30.1%47.6%0.0%8.2%-5.2%545-7.8K-340.0083.33N/AN/A0030
2020-05-08$70.43$0.0039.6%10.3%29.8%50.0%0.0%10.3%3.1%632-7.8K-360.0065.97N/AN/A0030
2020-05-11$71.35$0.0042.9%9.8%29.5%55.4%0.0%12.5%-5.8%686-8.4K-350.0075.10N/AN/A0030
2020-05-12$70.16$0.0047.8%9.8%27.9%63.4%0.0%7.0%-2.5%633-8.3K-340.0088.75N/AN/A0030
2020-05-13$68.33$0.0039.2%11.2%29.3%49.3%0.0%8.8%-1.6%543-6.2K-290.0054.91N/AN/A0030
2020-05-14$69.13$0.0040.3%11.6%29.3%51.2%0.0%7.6%-10.8%551-6.3K-300.0086.99N/AN/A0030
2020-05-15$69.53$0.0037.9%10.9%28.6%47.2%0.0%9.9%1.1%610-6.8K-310.0081.26N/AN/A0030
2020-05-18$71.39$0.0031.1%8.9%29.7%36.0%0.0%18.3%-3.0%729-8.6K-330.0078.65N/AN/A0030
2020-05-19$71.17$0.0032.3%9.3%26.3%38.0%0.0%9.6%-0.8%682-8.9K-330.00111.88N/AN/A0030
2020-05-20$71.79$0.0031.7%9.1%25.1%36.9%0.0%9.0%-2.9%751-8.9K-340.0092.16N/AN/A0030
2020-05-21$71.35$0.0033.1%9.5%25.2%39.1%0.0%10.8%-4.4%754-8.5K-320.0073.40N/AN/A0030
2020-05-22$71.72$0.0032.8%9.4%25.0%38.7%0.0%5.1%-9.0%746-8.7K-330.0087.70N/AN/A0030
2020-05-26$71.92$0.0028.4%8.1%24.4%31.5%0.0%19.9%9.1%758-9.1K-320.00102.96N/AN/A0030
2020-05-27$72.21$0.0022.8%6.5%23.9%22.2%0.0%15.1%2.3%876-8.5K-310.00107.79N/AN/A0030
2020-05-28$73.06$0.0031.7%9.1%22.9%36.9%0.0%11.1%-6.8%808-10.7K-320.0095.21N/AN/A0030
2020-05-29$73.90$0.0027.7%7.9%22.1%30.3%0.0%6.6%3.4%881-11.0K-320.00118.94N/AN/A0030