FTC Options History — April 2021

In April 2021, FTC traded between $99.34 and $105.90. ATM implied volatility averaged 22.8%, placing in the 10.0% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 4.2% (HV 20d: 18.6%). Max pain ranged from $98.00 to $99.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.40.

Notable Days

  • 2021-04-13: Highest Volume — 75 contracts
  • 2021-04-30: Largest IV spike — 44.5% change
  • 2021-04-07: Highest IV Rank — 22.4%
  • 2021-04-30: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$103.06$99.34$105.90$99.34$103.17
Max Pain$98.90$98.00$99.00$98.00$99.00
ATM IV22.8%17.0%30.4%21.2%24.6%
Expected Move6.1%4.9%7.0%6.1%7.0%
HV 20d18.6%14.6%26.1%26.1%15.1%
HV 60d26.0%24.2%27.0%26.9%24.3%
IV Rank10.0%0.7%22.4%7.4%13.0%
IV Percentile17.8%0.8%58.7%7.1%31.0%
Term Structure-1.8%-6.4%5.8%-4.8%-6.4%
VWIV22.4%22.4%22.4%22.4%22.4%
Skew 25d5.6%-9.0%19.4%4.7%1.8%
Skew 10d10.3%-4.1%26.7%6.7%22.2%
Call IV 25d20.7%10.8%28.8%24.9%27.1%
Put IV 25d26.3%19.8%30.8%29.6%28.9%
Bid-Ask Spread %127.3888.26160.91119.23160.33
Gamma HHI0.480.450.510.450.49
Net GEX48.2K38.9K56.2K38.9K52.6K
Net DEX-541.8K-663.5K-395.7K-395.7K-575.5K
Net VEX-2.4K-2.5K-2.2K-2.3K-2.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.400.002.000.000.00
Total Volume4.47607502
Total OI129.762128131130130

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$99.34$98.0021.2%6.1%26.1%7.4%0.0%4.7%-4.8%38.9K-395.7K-2.3K0.00119.23N/AN/A001300
2021-04-05$100.39$0.0023.8%5.9%26.1%11.7%0.0%7.0%5.8%40.6K-462.0K-2.4K0.00104.31N/AN/A001300
2021-04-06$101.15$0.0021.6%5.5%24.4%8.1%0.0%6.2%-0.8%46.9K-431.6K-2.3K0.0093.17N/AN/A201300
2021-04-07$100.65$0.0030.4%6.0%21.6%22.4%0.0%4.8%0.2%48.1K-440.6K-2.3K0.00139.16N/AN/A001300
2021-04-08$102.11$0.0027.3%5.8%21.8%17.4%0.0%-2.1%-1.6%49.1K-500.5K-2.3K0.0088.26N/AN/A001300
2021-04-09$102.31$0.0025.8%6.7%19.6%15.0%0.0%3.3%-1.6%51.7K-504.3K-2.4K0.00105.08N/AN/A001300
2021-04-12$102.40$0.0022.1%6.4%19.3%9.0%0.0%-9.0%-1.0%48.5K-510.5K-2.4K0.00108.12N/AN/A001280
2021-04-13$103.52$0.0024.6%5.9%19.3%13.0%0.0%11.6%-4.0%50.2K-551.3K-2.4K0.00105.24N/AN/A7501280
2021-04-14$102.86$0.0020.6%5.9%19.5%6.6%0.0%0.2%-3.5%55.7K-496.1K-2.2K0.0096.42N/AN/A101280
2021-04-15$104.33$0.0020.0%5.7%19.9%5.5%0.0%7.5%1.4%56.2K-568.8K-2.4K0.00110.55N/AN/A001290
2021-04-16$104.43$0.0021.9%6.3%16.0%8.6%0.0%4.0%-1.9%44.0K-607.4K-2.5K0.00160.91N/AN/A001290
2021-04-19$102.96$0.0021.6%6.2%17.0%8.1%22.4%-0.3%-1.2%42.7K-548.7K-2.4K2.00152.68N/AN/A121280
2021-04-20$102.00$99.0022.4%6.4%17.3%9.4%0.0%13.2%-2.3%41.8K-507.8K-2.4K0.00157.36N/AN/A001292
2021-04-21$103.15$99.0023.1%6.6%16.7%10.5%0.0%10.9%-1.3%45.9K-550.9K-2.4K0.00155.56N/AN/A001292
2021-04-22$103.12$99.0021.4%6.1%15.2%7.8%0.0%19.4%-0.5%43.2K-578.2K-2.5K0.00135.13N/AN/A001292
2021-04-23$104.81$99.0020.3%5.8%15.6%6.1%0.0%5.7%-0.6%50.2K-605.5K-2.4K0.00115.96N/AN/A001292
2021-04-26$105.72$99.0023.0%6.6%15.4%10.4%0.0%5.5%-5.2%50.3K-654.1K-2.4K0.00140.10N/AN/A1101292
2021-04-27$105.90$99.0021.7%6.2%15.1%8.3%0.0%10.0%-2.3%55.6K-663.5K-2.4K0.00114.68N/AN/A001282
2021-04-28$105.35$99.0023.9%6.9%15.5%11.9%0.0%3.2%-3.7%44.6K-642.1K-2.4K0.00160.84N/AN/A001282
2021-04-29$104.56$99.0017.0%4.9%14.6%0.7%0.0%9.3%-3.0%54.7K-583.6K-2.3K0.00151.97N/AN/A001282
2021-04-30$103.17$99.0024.6%7.0%15.1%13.0%0.0%1.8%-6.4%52.6K-575.5K-2.4K0.00160.33N/AN/A021282