FTC Options History — January 2021

In January 2021, FTC traded between $95.27 and $101.49. ATM implied volatility averaged 32.7%, placing in the 31.4% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 16.0% (HV 20d: 16.7%). Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2021-01-19: Highest Volume — 26 contracts
  • 2021-01-26: Largest IV spike — 107.2% change
  • 2021-01-12: Highest IV Rank — 62.6%
  • 2021-01-26: Largest Expected Move — 14.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$98.91$95.27$101.49$95.27$96.52
ATM IV32.7%18.8%53.3%31.9%42.1%
Expected Move8.0%5.4%14.8%6.5%12.1%
HV 20d16.7%14.4%23.6%14.4%23.6%
HV 60d21.8%21.1%22.6%21.3%22.3%
IV Rank31.4%10.7%62.6%30.4%44.5%
IV Percentile52.0%9.1%91.7%59.9%81.0%
Term Structure-2.0%-23.4%11.0%0.1%-6.4%
Skew 25d8.5%-0.8%55.9%6.0%20.5%
Skew 10d10.7%-5.6%55.9%6.0%31.1%
Call IV 25d25.6%12.1%50.3%29.2%26.6%
Put IV 25d34.1%21.4%68.2%35.2%47.2%
Bid-Ask Spread %123.3483.03172.0991.63133.85
Gamma HHI0.980.951.001.000.95
Net GEX2.5K1256.6K1625.3K
Net DEX-59.7K-144.2K-7.0K-7.0K-112.9K
Net VEX-316-751-19-23-696
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.42102610
Total OI11.947127127

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-01-04$95.27$0.0031.9%6.5%14.4%30.4%0.0%6.0%0.1%162-7.0K-230.0091.63N/AN/A1010
2021-01-05$96.26$0.0032.7%5.5%14.6%31.6%0.0%-0.2%4.4%163-7.5K-210.00103.36N/AN/A0010
2021-01-06$95.99$0.0028.8%5.9%14.7%25.7%0.0%2.5%1.2%151-7.3K-220.00108.04N/AN/A0010
2021-01-07$98.76$0.0036.3%7.9%17.5%37.1%0.0%7.4%-2.5%179-7.5K-200.00128.61N/AN/A0010
2021-01-08$99.73$0.0026.5%5.9%15.4%22.2%0.0%1.8%2.3%145-8.1K-190.00155.22N/AN/A0010
2021-01-11$99.80$0.0047.4%8.2%14.9%53.7%0.0%7.2%-1.8%144-7.7K-210.00128.04N/AN/A0010
2021-01-12$100.56$0.0053.3%8.1%14.9%62.6%0.0%-0.6%-7.6%134-8.1K-200.00135.01N/AN/A0010
2021-01-13$100.29$0.0026.1%7.5%15.1%21.6%0.0%5.2%1.8%134-8.0K-200.00124.27N/AN/A0010
2021-01-14$100.20$0.0021.8%6.2%15.0%15.1%0.0%-0.8%11.0%125-8.1K-190.00108.92N/AN/A0010
2021-01-15$98.97$0.0018.8%5.4%15.8%10.7%0.0%8.5%5.4%133-7.7K-210.0097.94N/AN/A0010
2021-01-19$100.24$0.0020.2%5.8%15.8%12.8%0.0%5.2%-0.1%129-8.0K-190.0089.66N/AN/A26010
2021-01-20$101.49$0.0021.7%6.2%16.2%15.0%0.0%5.7%2.5%6.6K-144.2K-7510.0093.81N/AN/A00270
2021-01-21$101.13$0.0025.8%7.4%16.3%21.2%0.0%4.4%-0.9%6.6K-139.8K-7450.0083.03N/AN/A00270
2021-01-22$100.94$0.0028.2%8.1%15.9%24.7%0.0%5.6%1.4%5.8K-142.4K-7440.00140.28N/AN/A00270
2021-01-25$100.46$0.0024.9%7.1%15.9%19.9%0.0%11.7%-4.2%6.4K-139.8K-7350.00158.85N/AN/A00270
2021-01-26$99.17$0.0051.7%14.8%16.6%60.1%0.0%55.9%-15.4%5.6K-138.4K-7240.00172.09N/AN/A00270
2021-01-27$95.55$0.0046.1%13.2%21.0%51.7%0.0%1.5%-23.4%4.9K-110.7K-6770.00156.87N/AN/A00270
2021-01-28$98.03$0.0036.5%10.5%22.9%35.7%0.0%14.5%-6.8%5.2K-121.2K-7090.00133.96N/AN/A00270
2021-01-29$96.52$0.0042.1%12.1%23.6%44.5%0.0%20.5%-6.4%5.3K-112.9K-6960.00133.85N/AN/A00270