FTC Options History — September 2020

In September 2020, FTC traded between $80.57 and $88.69. ATM implied volatility averaged 33.6%, placing in the 35.9% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 7.9% (HV 20d: 25.7%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 6 of 21 days.

Notable Days

  • 2020-09-03: Largest IV spike — 177.6% change
  • 2020-09-03: Highest IV Rank — 100.0%
  • 2020-09-04: Largest Expected Move — 13.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$82.86$80.57$88.69$87.29$83.83
ATM IV33.6%23.5%78.2%27.7%35.4%
Expected Move8.7%6.7%13.7%7.9%10.2%
HV 20d25.7%12.2%29.7%12.2%29.3%
HV 60d20.3%18.5%21.6%18.5%20.8%
IV Rank35.9%20.6%100.0%30.2%38.0%
IV Percentile63.3%42.5%100.0%58.7%72.2%
Term Structure-2.3%-20.7%10.6%-5.2%-6.8%
Skew 25d9.4%-2.7%25.0%4.5%6.4%
Skew 10d11.7%-8.6%34.1%8.7%7.7%
Call IV 25d30.6%19.5%60.2%28.5%37.9%
Put IV 25d40.0%29.7%74.7%33.0%44.4%
Bid-Ask Spread %119.80107.04139.23128.69130.46
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-09-01$87.29$0.0027.7%7.9%12.2%30.2%0.0%4.5%-5.2%0000.00128.69N/AN/A0000
2020-09-02$88.69$0.0026.6%7.6%13.1%28.5%0.0%2.8%-4.9%0000.00139.23N/AN/A0000
2020-09-03$84.30$0.0073.8%12.5%23.1%100.0%0.0%8.1%-13.7%0000.00136.48N/AN/A0000
2020-09-04$83.17$0.0078.2%13.7%23.4%100.0%0.0%14.6%-20.7%0000.00129.93N/AN/A0000
2020-09-08$80.81$0.0038.6%8.2%25.4%42.6%0.0%12.6%-0.2%0000.00111.44N/AN/A0000
2020-09-09$82.49$0.0024.5%7.0%26.4%22.1%0.0%8.5%-0.6%0000.00111.18N/AN/A0000
2020-09-10$81.40$0.0029.8%8.5%26.3%29.8%0.0%11.8%-0.2%0000.00118.56N/AN/A0000
2020-09-11$80.94$0.0026.0%7.5%26.2%24.3%0.0%16.0%2.3%0000.00112.71N/AN/A0000
2020-09-14$82.57$0.0023.9%6.8%27.2%21.2%0.0%-2.7%3.4%0000.00112.45N/AN/A0000
2020-09-15$83.20$0.0033.6%9.6%26.8%35.3%0.0%16.4%-7.3%0000.00107.04N/AN/A0000
2020-09-16$83.01$0.0027.4%7.8%26.8%26.2%0.0%15.1%1.2%0000.00127.24N/AN/A0000
2020-09-17$81.78$0.0027.5%7.9%27.3%26.4%0.0%7.4%-2.7%0000.00115.91N/AN/A0000
2020-09-18$81.59$0.0027.8%8.0%27.2%26.9%0.0%11.9%-2.0%0000.00115.47N/AN/A0000
2020-09-21$81.29$0.0028.9%8.3%27.2%28.5%0.0%2.4%9.4%0000.00117.44N/AN/A0000
2020-09-22$82.56$0.0027.2%7.8%27.8%26.0%0.0%13.1%-0.9%0000.00115.07N/AN/A0000
2020-09-23$80.90$0.0033.1%9.5%28.5%34.6%0.0%25.0%0.7%0000.00115.19N/AN/A0000
2020-09-24$80.57$0.0036.2%10.4%27.8%39.0%0.0%17.2%-3.8%0000.00127.48N/AN/A0000
2020-09-25$82.18$0.0030.5%8.7%28.9%30.8%0.0%0.5%-5.0%0000.00112.55N/AN/A0000
2020-09-28$83.67$0.0025.8%7.4%29.7%23.9%0.0%5.0%-2.0%0000.00112.33N/AN/A0000
2020-09-29$83.74$0.0023.5%6.7%29.6%20.6%0.0%1.1%10.6%0000.00119.02N/AN/A0000
2020-09-30$83.83$0.0035.4%10.2%29.3%38.0%0.0%6.4%-6.8%0000.00130.46N/AN/A0000