FTC Options History — November 2021

In November 2021, FTC traded between $119.17 and $124.21. ATM implied volatility averaged 17.4%, placing in the 18.5% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 5.9% (HV 20d: 11.5%). Max pain ranged from $108.00 to $108.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 1.57.

Notable Days

  • 2021-11-29: Highest Volume — 66 contracts
  • 2021-11-03: Largest IV spike — 54.1% change
  • 2021-11-30: Highest IV Rank — 33.9%
  • 2021-11-30: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$121.96$119.17$124.21$120.30$119.17
Max Pain$108.00$108.00$108.00$108.00$108.00
ATM IV17.4%12.5%24.1%14.2%24.1%
Expected Move4.7%3.3%6.9%4.1%6.9%
HV 20d11.5%8.9%16.0%11.4%16.0%
HV 60d14.9%14.4%16.3%14.5%16.3%
IV Rank18.5%7.4%33.9%11.3%33.9%
IV Percentile25.1%2.8%61.5%8.3%61.5%
Term Structure-1.8%-9.0%10.2%-1.9%-9.0%
VWIV27.0%21.2%34.6%24.8%22.6%
Skew 25d3.2%-3.8%11.8%4.2%-3.8%
Skew 10d9.2%-3.8%25.6%4.7%10.5%
Call IV 25d16.9%10.2%28.8%14.3%25.2%
Put IV 25d20.1%13.8%29.0%18.5%21.3%
Bid-Ask Spread %133.31113.55158.06125.51148.79
Gamma HHI0.640.350.750.450.61
Net GEX10.0K1.3K28.3K3.1K4.6K
Net DEX-155.8K-227.9K-113.7K-125.9K-113.7K
Net VEX-267-355-214-313-283
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.570.213.711.713.71
Total Volume41.85717663866
Total OI35.28617483818

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$120.30$108.0014.2%4.1%11.4%11.3%24.8%4.2%-1.9%3.1K-125.9K-3131.71125.51N/AN/A14241424
2021-11-02$121.00$108.0013.9%4.0%10.8%10.7%21.2%2.3%-2.8%4.7K-128.7K-2841.71121.16N/AN/A14241424
2021-11-03$121.25$108.0021.4%6.1%10.6%27.8%25.7%1.6%-7.1%2.6K-122.6K-3081.71142.93N/AN/A14241424
2021-11-04$121.68$0.0015.2%3.3%9.7%13.5%0.0%0.2%-2.2%4.3K-137.8K-2591.71113.55N/AN/A14241424
2021-11-05$121.77$0.0021.3%4.1%9.0%27.4%0.0%5.1%10.2%3.9K-134.3K-2641.71130.17N/AN/A14241424
2021-11-08$123.11$0.0020.3%3.4%8.9%25.3%0.0%3.5%-0.3%3.7K-134.2K-2741.71114.79N/AN/A14241424
2021-11-09$122.78$0.0017.5%3.9%9.2%18.9%0.0%4.0%-1.1%3.8K-139.2K-2521.71131.21N/AN/A14241424
2021-11-10$120.80$0.0014.8%4.3%11.7%12.8%0.0%6.8%0.0%1.3K-125.8K-2911.00131.35N/AN/A24241424
2021-11-11$121.63$0.0014.7%4.2%10.6%12.5%0.0%3.9%-2.2%18.7K-175.9K-3551.00116.74N/AN/A24242424
2021-11-12$122.97$0.0014.6%4.2%10.9%12.3%0.0%6.0%-1.8%18.6K-203.1K-3001.00133.94N/AN/A24242424
2021-11-15$122.71$0.0015.3%4.4%10.9%13.8%0.0%2.7%-2.8%22.8K-203.6K-2981.00121.33N/AN/A24242424
2021-11-16$124.21$0.0012.5%3.6%11.3%7.4%0.0%1.7%0.8%28.3K-227.9K-2451.00129.15N/AN/A24242424
2021-11-17$123.37$0.0014.1%4.0%11.9%11.1%0.0%4.7%-0.5%20.6K-209.1K-2591.60124.06N/AN/A15242424
2021-11-18$123.61$0.0013.4%3.8%11.7%9.5%0.0%6.9%1.1%26.1K-216.9K-2141.60132.99N/AN/A15242324
2021-11-19$123.27$0.0015.6%4.5%11.9%14.5%0.0%2.4%1.2%20.4K-199.2K-2411.04114.26N/AN/A23242324
2021-11-22$122.20$0.0019.0%5.4%12.3%22.2%0.0%0.7%-6.9%4.1K-141.7K-2140.21147.33N/AN/A143143
2021-11-23$120.82$0.0019.0%5.4%13.1%22.2%0.0%1.3%-1.6%4.7K-130.0K-2480.21153.03N/AN/A143143
2021-11-24$121.95$0.0021.2%6.1%12.7%27.3%0.0%11.8%-3.5%4.2K-138.1K-2220.21158.06N/AN/A143143
2021-11-26$120.50$0.0020.4%5.8%13.3%25.3%33.2%-2.7%-3.8%4.8K-127.7K-2603.64154.29N/AN/A1451143
2021-11-29$121.98$0.0022.2%6.4%13.6%29.5%34.6%3.7%-2.6%4.2K-135.5K-2263.71154.97N/AN/A1452143
2021-11-30$119.17$0.0024.1%6.9%16.0%33.9%22.6%-3.8%-9.0%4.6K-113.7K-2833.71148.79N/AN/A1452144