FTC Options History — November 2020

In November 2020, FTC traded between $82.83 and $91.84. ATM implied volatility averaged 26.9%, placing in the 23.4% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded below realized volatility by 2.9% (HV 20d: 29.7%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 4 of 20 days.

Notable Days

  • 2020-11-30: Largest IV spike — 64.1% change
  • 2020-11-02: Highest IV Rank — 46.9%
  • 2020-11-02: Largest Expected Move — 12.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$88.65$82.83$91.84$82.83$91.84
ATM IV26.9%17.0%42.6%42.6%27.9%
Expected Move7.3%4.9%12.2%12.2%8.0%
HV 20d29.7%20.3%32.6%20.3%27.5%
HV 60d25.3%21.9%26.3%21.9%23.9%
IV Rank23.4%8.6%46.9%46.9%24.9%
IV Percentile43.0%7.9%83.3%83.3%47.6%
Term Structure-2.9%-9.1%2.8%-6.0%-3.5%
Skew 25d6.6%-10.5%24.9%15.9%4.2%
Skew 10d14.2%-4.1%31.2%18.8%9.3%
Call IV 25d27.6%12.3%37.9%37.7%30.9%
Put IV 25d34.1%16.8%53.6%53.6%35.1%
Bid-Ask Spread %120.06101.24150.76119.91126.71
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-11-02$82.83$0.0042.6%12.2%20.3%46.9%0.0%15.9%-6.0%0000.00119.91N/AN/A0000
2020-11-03$85.01$0.0032.6%9.3%22.3%31.9%0.0%8.1%-6.0%0000.00114.84N/AN/A0000
2020-11-04$88.40$0.0031.1%8.9%25.7%29.7%0.0%9.4%-9.1%0000.00122.57N/AN/A0000
2020-11-05$90.33$0.0033.2%7.2%26.7%32.8%0.0%8.5%-0.1%0000.00137.53N/AN/A0000
2020-11-06$91.73$0.0030.4%6.2%26.8%28.7%0.0%6.4%-1.0%0000.00133.18N/AN/A0000
2020-11-09$88.17$0.0025.4%8.0%30.4%21.1%0.0%8.0%-1.9%0000.00115.72N/AN/A0000
2020-11-10$86.07$0.0032.7%6.4%31.3%32.1%0.0%5.3%2.8%0000.00101.24N/AN/A0000
2020-11-11$88.10$0.0023.1%6.6%32.5%17.7%0.0%-3.5%-2.5%0000.00113.85N/AN/A0000
2020-11-12$87.78$0.0023.4%6.7%32.5%18.1%0.0%24.9%0.1%0000.00136.67N/AN/A0000
2020-11-13$88.22$0.0022.7%6.5%32.5%17.1%0.0%7.2%-1.6%0000.00108.81N/AN/A0000
2020-11-16$88.33$0.0025.3%7.3%32.3%21.0%0.0%5.1%-4.2%0000.00109.59N/AN/A0000
2020-11-17$88.80$0.0025.6%7.3%32.3%21.5%0.0%0.6%-5.4%0000.00112.31N/AN/A0000
2020-11-18$88.05$0.0025.6%7.3%32.3%21.5%0.0%5.0%-5.2%0000.00110.34N/AN/A0000
2020-11-19$89.22$0.0022.5%6.5%32.6%16.9%0.0%7.7%-2.1%0000.00107.19N/AN/A0000
2020-11-20$89.72$0.0028.5%8.2%32.6%25.8%0.0%-10.5%-4.4%0000.00104.71N/AN/A0000
2020-11-23$89.75$0.0023.2%6.7%31.8%17.9%0.0%22.9%0.3%0000.00114.50N/AN/A0000
2020-11-24$89.28$0.0017.8%5.1%31.8%9.8%0.0%10.9%1.8%0000.00123.72N/AN/A0000
2020-11-25$90.15$0.0026.7%7.7%30.3%23.1%0.0%4.0%-5.6%0000.00150.76N/AN/A0000
2020-11-27$91.27$0.0017.0%4.9%30.5%8.6%0.0%-8.5%-5.3%0000.00136.95N/AN/A0000
2020-11-30$91.84$0.0027.9%8.0%27.5%24.9%0.0%4.2%-3.5%0000.00126.71N/AN/A0000