FTC Options History — May 2021

In May 2021, FTC traded between $96.50 and $103.31. ATM implied volatility averaged 24.2%, placing in the 12.4% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 4.5% (HV 20d: 19.7%). Max pain ranged from $99.00 to $99.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2021-05-17: Highest Volume — 30 contracts
  • 2021-05-11: Largest IV spike — 66.3% change
  • 2021-05-11: Highest IV Rank — 22.9%
  • 2021-05-11: Largest Expected Move — 11.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$100.44$96.50$103.31$102.55$103.31
Max Pain$99.00$99.00$99.00$99.00$99.00
ATM IV24.2%15.3%30.7%19.7%15.3%
Expected Move6.9%4.4%11.0%5.7%4.4%
HV 20d19.7%15.0%22.8%15.0%21.9%
HV 60d24.6%21.3%25.8%24.3%21.3%
IV Rank12.4%0.0%22.9%5.1%0.0%
IV Percentile32.6%0.0%69.0%4.4%0.0%
Term Structure-2.0%-17.2%8.1%-3.7%8.1%
Skew 25d5.5%-4.8%13.1%-1.6%8.2%
Skew 10d8.7%-0.0%29.6%6.1%8.1%
Call IV 25d21.9%10.2%30.6%19.7%17.4%
Put IV 25d27.4%18.1%34.7%18.1%25.5%
Bid-Ask Spread %126.1295.32167.51162.71119.46
Gamma HHI0.440.360.500.470.46
Net GEX43.3K29.4K59.0K46.9K59.0K
Net DEX-370.3K-535.1K-153.5K-535.1K-518.6K
Net VEX-1.8K-2.3K-1.1K-2.3K-1.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.803000
Total OI149.45132168132166

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$102.55$99.0019.7%5.7%15.0%5.1%0.0%-1.6%-3.7%46.9K-535.1K-2.3K0.00162.71N/AN/A001284
2021-05-04$100.72$99.0027.3%7.8%16.2%17.4%0.0%2.0%-6.0%39.4K-394.1K-2.0K0.00163.15N/AN/A001284
2021-05-05$101.14$99.0028.1%8.1%16.2%18.7%0.0%1.5%-5.7%40.5K-447.7K-2.1K0.00162.06N/AN/A001284
2021-05-06$100.06$0.0029.7%6.5%15.7%21.2%0.0%2.8%0.6%39.5K-343.8K-1.9K0.00162.75N/AN/A001284
2021-05-07$101.87$0.0028.5%6.3%17.1%19.4%0.0%3.7%0.0%42.7K-460.0K-2.1K0.00167.51N/AN/A501284
2021-05-10$100.01$0.0018.5%5.8%18.2%3.0%0.0%3.6%0.2%44.9K-324.0K-1.7K0.0095.32N/AN/A101334
2021-05-11$99.23$0.0030.7%11.0%17.8%22.9%0.0%5.9%-17.2%30.4K-402.5K-2.0K0.00121.22N/AN/A001344
2021-05-12$96.50$0.0029.7%8.5%20.0%21.3%0.0%9.7%-3.3%34.1K-245.4K-1.5K0.00103.81N/AN/A001344
2021-05-13$97.38$0.0030.2%8.7%19.5%22.1%0.0%7.2%-6.9%29.4K-153.5K-1.1K0.00111.86N/AN/A001344
2021-05-14$99.31$0.0021.8%6.3%21.1%8.5%0.0%12.5%-4.0%39.2K-260.8K-1.5K0.00110.88N/AN/A001344
2021-05-17$98.74$0.0028.4%8.1%20.7%19.2%0.0%-4.8%-8.0%41.5K-322.1K-1.7K0.00103.52N/AN/A0301344
2021-05-18$99.21$0.0020.8%6.0%20.6%6.8%0.0%5.0%4.3%35.9K-309.1K-1.8K0.00116.00N/AN/A0013434
2021-05-19$98.09$0.0022.4%6.4%20.4%9.5%0.0%4.5%-0.2%34.9K-247.8K-1.9K0.00144.09N/AN/A0013434
2021-05-20$100.69$0.0020.4%5.9%22.8%6.2%0.0%3.8%7.8%44.8K-305.7K-1.7K0.00117.89N/AN/A0013434
2021-05-21$100.44$0.0024.6%7.1%21.8%13.0%0.0%13.1%0.4%45.4K-368.8K-1.9K0.00116.53N/AN/A0013434
2021-05-24$101.94$0.0018.5%5.3%22.3%3.0%0.0%2.9%1.2%54.2K-433.4K-1.9K0.00110.88N/AN/A0013333
2021-05-25$102.00$0.0020.7%5.9%22.3%6.6%0.0%10.9%3.0%51.4K-438.0K-1.8K0.00118.00N/AN/A0013333
2021-05-26$102.58$0.0021.2%6.1%22.4%7.4%0.0%10.1%-2.3%59.0K-462.4K-1.9K0.00105.72N/AN/A0013333
2021-05-27$103.08$0.0027.4%7.9%22.4%17.5%0.0%9.7%-7.8%52.8K-433.7K-1.9K0.00108.98N/AN/A0013333
2021-05-28$103.31$0.0015.3%4.4%21.9%0.0%0.0%8.2%8.1%59.0K-518.6K-1.9K0.00119.46N/AN/A0013333