FTC Options History — December 2021

In December 2021, FTC traded between $114.10 and $120.94. ATM implied volatility averaged 25.0%, placing in the 35.8% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 1.7% (HV 20d: 23.3%). Max pain ranged from $113.00 to $113.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 1.51.

Notable Days

  • 2021-12-06: Highest Volume — 75 contracts
  • 2021-12-15: Largest IV drop — 51.0% change
  • 2021-12-14: Highest IV Rank — 75.1%
  • 2021-12-03: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$118.27$114.10$120.94$117.15$120.57
Max Pain$113.00$113.00$113.00$113.00$113.00
ATM IV25.0%17.2%42.3%28.2%24.9%
Expected Move6.3%4.9%9.3%8.1%7.1%
HV 20d23.3%16.9%26.6%16.9%23.6%
HV 60d18.5%16.6%19.6%16.6%18.1%
IV Rank35.8%18.1%75.1%43.0%35.7%
IV Percentile60.9%25.4%97.6%80.6%67.5%
Term Structure-1.4%-11.4%6.2%-11.4%-9.0%
VWIV23.9%17.2%35.9%29.3%22.3%
Skew 25d5.4%-8.0%15.3%2.5%8.9%
Skew 10d8.0%-4.0%23.8%-0.8%18.5%
Call IV 25d20.7%13.3%29.3%29.0%20.4%
Put IV 25d26.1%13.7%36.9%31.5%29.3%
Bid-Ask Spread %126.53104.57149.35141.80109.38
Gamma HHI0.360.280.630.630.29
Net GEX10.7K5.2K16.3K5.2K9.0K
Net DEX-164.7K-238.9K-99.0K-99.0K-174.9K
Net VEX-375-445-149-301-418
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.510.173.713.710.35
Total Volume55.59127756631
Total OI2718311831

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$117.15$0.0028.2%8.1%16.9%43.0%29.3%2.5%-11.4%5.2K-99.0K-3013.71141.80N/AN/A1452144
2021-12-02$118.59$0.0026.1%7.5%17.6%38.3%34.0%7.6%-5.2%10.2K-156.1K-4302.36149.35N/AN/A2252224
2021-12-03$115.17$0.0032.4%9.3%20.1%52.5%35.9%7.3%-1.8%7.8K-137.1K-4452.36142.63N/AN/A2252224
2021-12-06$116.05$113.0029.7%7.4%20.4%46.6%26.5%-2.8%-1.7%9.1K-130.8K-4412.26121.63N/AN/A2352224
2021-12-07$119.41$113.0026.9%6.2%22.7%40.2%20.2%10.2%-0.5%10.2K-174.6K-4172.26124.29N/AN/A2352234
2021-12-08$120.73$113.0025.9%5.1%23.2%38.0%20.8%8.9%2.4%10.8K-191.8K-3752.26123.42N/AN/A2352234
2021-12-09$119.10$113.0028.4%7.6%22.9%43.6%20.9%6.1%0.2%8.1K-179.8K-4072.26119.97N/AN/A2352234
2021-12-10$118.74$113.0030.6%5.6%22.8%48.4%23.3%10.4%1.1%9.9K-173.0K-4112.26121.64N/AN/A2352234
2021-12-13$118.17$113.0036.0%5.7%22.3%60.7%19.2%15.3%1.0%9.3K-163.8K-4092.26104.57N/AN/A2352234
2021-12-14$116.10$113.0042.3%6.5%23.0%75.1%24.4%8.8%-1.1%11.7K-141.0K-4142.26124.09N/AN/A2352234
2021-12-15$117.96$113.0020.7%5.9%23.4%26.2%19.0%9.1%1.6%12.2K-151.3K-3972.26121.99N/AN/A2352234
2021-12-16$116.16$113.0023.4%6.7%23.8%32.2%26.1%1.3%-1.2%10.4K-152.9K-3932.26121.36N/AN/A2352234
2021-12-17$116.25$113.0020.5%5.9%23.8%25.7%20.9%5.3%6.2%12.2K-137.8K-4012.26123.49N/AN/A2352234
2021-12-20$114.10$113.0025.5%7.3%24.4%37.0%22.7%-1.9%1.3%11.8K-117.8K-3870.17126.79N/AN/A234234
2021-12-21$116.95$113.0020.5%5.9%26.3%25.5%24.3%5.4%-0.8%14.9K-142.9K-3660.17122.17N/AN/A234234
2021-12-22$118.30$113.0018.6%5.3%26.5%21.3%17.2%10.1%0.7%13.3K-165.1K-3470.17128.33N/AN/A234234
2021-12-23$119.57$113.0017.6%5.0%26.6%19.0%23.2%8.5%-0.6%11.9K-188.8K-3190.17118.48N/AN/A234234
2021-12-27$120.94$113.0018.3%5.2%26.6%20.7%23.8%4.1%-1.9%12.7K-209.2K-2660.17121.57N/AN/A234234
2021-12-28$120.65$113.0017.2%4.9%26.2%18.1%24.6%-8.0%-5.8%16.3K-238.9K-1490.35137.49N/AN/A238234
2021-12-29$120.69$113.0018.2%5.2%24.8%20.3%22.4%2.0%-1.4%9.6K-196.9K-3800.35139.46N/AN/A238238
2021-12-30$120.66$113.0018.1%5.2%23.9%20.3%24.4%-0.9%-1.9%9.6K-198.8K-3670.35139.67N/AN/A238238
2021-12-31$120.57$113.0024.9%7.1%23.6%35.7%22.3%8.9%-9.0%9.0K-174.9K-4180.35109.38N/AN/A238238