FTC Options History — February 2021

In February 2021, FTC traded between $97.94 and $105.88. ATM implied volatility averaged 27.9%, placing in the 20.9% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 3.4% (HV 20d: 24.5%). Max pain ranged from $109.00 to $109.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2021-02-04: Highest Volume — 30 contracts
  • 2021-02-04: Largest IV spike — 51.9% change
  • 2021-02-01: Highest IV Rank — 34.0%
  • 2021-02-01: Largest Expected Move — 10.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$102.33$97.94$105.88$98.46$99.48
Max Pain$109.00$109.00$109.00$109.00$109.00
ATM IV27.9%22.8%35.4%35.4%29.6%
Expected Move7.7%6.2%10.1%10.1%8.5%
HV 20d24.5%23.2%26.4%24.6%24.3%
HV 60d19.0%17.6%22.1%22.1%20.5%
IV Rank20.9%13.0%34.0%34.0%21.1%
IV Percentile38.9%15.9%66.7%66.7%47.2%
Term Structure-0.1%-6.6%4.9%2.9%1.9%
VWIV30.4%30.4%30.4%30.4%30.4%
Skew 25d7.1%-12.1%17.6%11.3%8.0%
Skew 10d10.8%-4.7%32.2%32.2%2.1%
Call IV 25d25.7%12.0%34.4%34.4%21.7%
Put IV 25d32.8%21.9%45.7%45.7%29.7%
Bid-Ask Spread %123.1273.33167.12129.38150.42
Gamma HHI0.870.560.980.950.63
Net GEX12.9K5.4K20.0K5.4K18.9K
Net DEX-290.8K-364.6K-123.8K-123.8K-274.8K
Net VEX-1.3K-1.5K-704-704-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume2.36803000
Total OI55.05327732773

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-02-01$98.46$0.0035.4%10.1%24.6%34.0%0.0%11.3%2.9%5.4K-123.8K-7040.00129.38N/AN/A00270
2021-02-02$100.80$0.0025.0%7.2%25.3%17.9%0.0%8.8%1.6%6.1K-137.1K-7150.00107.52N/AN/A00270
2021-02-03$100.23$0.0022.8%6.5%25.3%14.6%0.0%15.3%-2.3%6.4K-136.9K-7090.00138.84N/AN/A00270
2021-02-04$101.26$0.0034.6%8.2%25.4%32.8%0.0%11.6%1.1%5.8K-142.6K-7160.00123.85N/AN/A300270
2021-02-05$102.37$0.0025.3%7.5%23.8%18.4%0.0%11.1%-6.6%14.2K-313.0K-1.5K0.0073.33N/AN/A00570
2021-02-08$103.23$0.0024.3%6.2%23.7%16.8%0.0%6.1%-0.7%13.0K-334.3K-1.5K0.0078.01N/AN/A00570
2021-02-09$103.94$0.0033.5%6.3%23.8%31.1%0.0%1.4%4.0%13.1K-341.5K-1.5K0.00154.67N/AN/A00570
2021-02-10$103.76$0.0024.6%7.0%23.7%17.4%0.0%10.5%-1.0%12.4K-342.0K-1.5K0.00129.00N/AN/A00570
2021-02-11$104.74$0.0029.9%8.6%23.8%23.6%0.0%2.3%-3.5%12.1K-352.0K-1.5K0.00139.56N/AN/A00570
2021-02-12$105.88$0.0028.1%8.0%24.0%20.7%0.0%5.7%-0.0%11.6K-364.6K-1.5K0.00106.19N/AN/A00570
2021-02-16$105.52$0.0024.3%7.0%23.4%14.7%0.0%7.3%4.9%11.2K-363.5K-1.5K0.00103.19N/AN/A00570
2021-02-17$104.47$0.0023.5%6.7%23.6%13.5%0.0%5.2%3.5%13.1K-348.1K-1.5K0.00108.41N/AN/A00580
2021-02-18$104.29$0.0030.1%8.6%23.3%23.9%0.0%17.6%-2.4%12.8K-345.0K-1.5K0.00143.16N/AN/A00580
2021-02-19$104.60$0.0023.2%6.7%23.2%13.0%30.4%5.6%1.6%14.1K-361.6K-1.5K0.00108.50N/AN/A150580
2021-02-22$101.13$109.0030.4%8.7%26.4%23.9%0.0%8.6%0.6%18.7K-338.1K-1.5K0.00122.39N/AN/A00730
2021-02-23$100.78$109.0031.9%9.1%26.4%24.8%0.0%8.9%-4.8%19.3K-307.2K-1.5K0.00133.81N/AN/A00730
2021-02-24$101.30$109.0025.5%7.3%26.0%14.5%0.0%1.1%-2.4%20.0K-310.2K-1.5K0.00121.96N/AN/A00730
2021-02-25$97.94$109.0028.7%8.2%25.3%19.7%0.0%-12.1%0.0%16.1K-288.0K-1.4K0.00167.12N/AN/A00730
2021-02-26$99.48$109.0029.6%8.5%24.3%21.1%0.0%8.0%1.9%18.9K-274.8K-1.4K0.00150.42N/AN/A00730