FTC Options History — August 2020

In August 2020, FTC traded between $81.51 and $86.44. ATM implied volatility averaged 22.3%, placing in the 21.4% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 6.9% (HV 20d: 15.4%). Max pain ranged from $73.00 to $73.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 6 of 21 days.

Notable Days

  • 2020-08-04: Largest IV spike — 45.6% change
  • 2020-08-04: Highest IV Rank — 36.0%
  • 2020-08-04: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$83.73$81.51$86.44$83.09$86.44
Max Pain$73.00$73.00$73.00$73.00$73.00
ATM IV22.3%16.6%31.1%21.4%21.8%
Expected Move6.3%4.8%8.9%6.1%6.2%
HV 20d15.4%12.0%17.9%17.4%12.0%
HV 60d19.5%18.5%20.8%20.8%18.5%
IV Rank21.4%12.0%36.0%19.9%20.6%
IV Percentile43.0%16.3%67.5%42.1%44.4%
Term Structure-0.6%-6.0%6.2%-0.9%4.8%
Skew 25d7.7%-6.6%16.1%9.8%10.5%
Skew 10d8.6%-9.9%19.4%8.7%10.5%
Call IV 25d19.7%11.2%33.3%14.2%14.2%
Put IV 25d27.4%19.9%38.1%24.1%24.6%
Bid-Ask Spread %129.55100.64167.27163.31125.41
Gamma HHI0.710.601.000.680.67
Net GEX-62-5720-1850
Net DEX15101.9K3670
Net VEX-1-100-20
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI5.7140880

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-08-03$83.09$73.0021.4%6.1%17.4%19.9%0.0%9.8%-0.9%-185367-20.00163.31N/AN/A0008
2020-08-04$83.01$73.0031.1%8.9%17.4%36.0%0.0%4.8%-6.0%-5721.9K-100.00167.27N/AN/A0008
2020-08-05$83.53$73.0026.5%7.6%17.3%28.4%0.0%-6.6%-3.0%-83141-10.00127.56N/AN/A0008
2020-08-06$83.52$0.0025.0%5.9%17.4%25.8%0.0%16.1%-1.0%-16500.00101.72N/AN/A0008
2020-08-07$82.72$0.0026.6%6.7%17.9%28.6%0.0%13.4%-2.1%-372000.00122.02N/AN/A0008
2020-08-10$82.02$0.0019.9%5.8%16.4%17.4%0.0%6.0%-0.3%0000.00121.48N/AN/A0008
2020-08-11$81.51$0.0018.3%4.9%16.7%14.8%0.0%8.2%-4.4%-658800.00122.16N/AN/A0008
2020-08-12$82.73$0.0024.5%7.0%16.8%25.0%0.0%15.6%1.4%0000.00124.33N/AN/A0008
2020-08-13$83.20$0.0023.4%6.7%16.6%23.2%0.0%14.3%-2.6%-168328-20.00149.67N/AN/A0008
2020-08-14$82.69$0.0024.9%7.1%16.6%25.7%0.0%10.8%-5.1%0000.00105.36N/AN/A0008
2020-08-17$83.90$0.0024.1%6.9%16.0%24.5%0.0%0.4%-0.0%-151800.00107.11N/AN/A0008
2020-08-18$84.01$0.0018.3%5.2%15.8%14.8%0.0%3.0%6.2%-8900.00103.14N/AN/A0008
2020-08-19$83.50$0.0024.3%7.0%16.0%24.7%0.0%5.1%-5.4%-159315-10.00158.18N/AN/A0008
2020-08-20$83.95$0.0019.0%5.5%15.0%16.0%0.0%15.8%-0.3%-3300.00100.64N/AN/A0008
2020-08-21$83.67$0.0019.7%5.6%14.4%17.2%0.0%7.5%-1.2%0000.00141.40N/AN/A0008
2020-08-24$83.66$0.0016.6%4.8%13.4%12.0%0.0%11.4%4.1%0000.00132.54N/AN/A0000
2020-08-25$84.25$0.0020.1%5.8%12.9%17.8%0.0%13.8%-0.8%0000.00126.89N/AN/A0000
2020-08-26$85.53$0.0019.7%5.7%12.8%17.2%0.0%-5.4%-0.6%0000.00133.63N/AN/A0000
2020-08-27$85.54$0.0021.7%6.2%12.8%20.4%0.0%12.3%1.7%0000.00137.52N/AN/A0000
2020-08-28$85.90$0.0021.6%6.2%12.8%20.3%0.0%-5.2%3.3%0000.00149.29N/AN/A0000
2020-08-31$86.44$0.0021.8%6.2%12.0%20.6%0.0%10.5%4.8%0000.00125.41N/AN/A0000