FTC Options History — July 2022

In July 2022, FTC traded between $87.64 and $96.99. ATM implied volatility averaged 30.7%, placing in the 46.6% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 5.8% (HV 20d: 24.9%). Max pain ranged from $87.00 to $93.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 2.37.

Notable Days

  • 2022-07-14: Highest Volume — 121 contracts
  • 2022-07-08: Largest IV spike — 75.8% change
  • 2022-07-08: Highest IV Rank — 93.9%
  • 2022-07-01: Largest Expected Move — 11.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$90.92$87.64$96.99$89.02$96.99
Max Pain$89.65$87.00$93.00$92.00$93.00
ATM IV30.7%17.1%52.5%38.9%17.1%
Expected Move8.0%4.9%11.2%11.2%4.9%
HV 20d24.9%17.2%33.5%33.1%18.3%
HV 60d30.8%30.2%31.2%31.1%30.4%
IV Rank46.6%17.1%93.9%64.4%17.1%
IV Percentile62.1%18.7%98.8%91.3%18.7%
Term Structure-1.1%-22.3%12.5%-22.3%1.8%
VWIV25.8%14.8%40.5%25.6%25.3%
Skew 25d9.8%-8.6%32.8%32.8%11.4%
Skew 10d12.7%-7.0%26.6%18.7%21.5%
Call IV 25d28.8%14.5%38.6%22.9%14.5%
Put IV 25d38.6%25.9%55.7%55.7%25.9%
Bid-Ask Spread %114.4767.90141.77117.03131.36
Gamma HHI0.400.290.670.320.44
Net GEX-14.0K-17.8K-7.8K-11.5K-16.8K
Net DEX382.7K213.4K527.3K462.5K213.4K
Net VEX-3.2K-3.4K-3.0K-3.4K-3.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.371.203.611.323.42
Total Volume98.957412111684
Total OI161.2132185180147

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-07-01$89.02$92.0038.9%11.2%33.1%64.4%25.6%32.8%-22.3%-11.5K462.5K-3.4K1.32117.03N/AN/A506650130
2022-07-05$88.49$87.0036.0%8.7%33.1%58.1%29.9%19.5%-3.0%-15.7K490.0K-3.3K1.32102.52N/AN/A506650130
2022-07-06$89.23$87.0049.5%5.7%33.3%87.4%21.3%0.5%1.7%-16.3K416.1K-3.3K1.32111.67N/AN/A506650130
2022-07-07$90.54$87.0029.9%8.3%33.5%44.8%25.4%3.9%-1.1%-12.6K399.4K-3.3K1.3269.90N/AN/A506650130
2022-07-08$90.61$87.0052.5%11.0%33.3%93.9%40.5%5.3%-2.8%-10.3K355.2K-3.3K1.3293.04N/AN/A506650130
2022-07-11$89.71$87.0031.0%8.9%32.9%47.3%20.3%20.3%-4.4%-7.8K421.3K-3.2K1.3267.90N/AN/A506650130
2022-07-12$88.06$87.0041.4%10.5%32.3%69.9%26.9%13.6%-12.0%-15.0K482.2K-3.1K1.3288.99N/AN/A506650130
2022-07-13$88.25$87.0024.0%6.9%26.6%32.1%27.9%-8.4%2.2%-14.4K490.8K-3.1K1.32134.02N/AN/A506650130
2022-07-14$87.64$87.0027.7%7.9%26.7%40.1%24.6%26.6%4.6%-17.8K527.3K-3.1K1.20100.78N/AN/A556650130
2022-07-15$89.07$87.0027.0%7.7%26.5%38.6%26.9%11.9%0.7%-12.1K479.5K-3.1K1.20122.65N/AN/A556655130
2022-07-18$89.18$87.0034.7%10.0%18.9%55.3%21.2%0.8%0.3%-14.1K381.2K-3.1K3.35129.05N/AN/A175718114
2022-07-19$91.30$87.0030.0%8.6%20.3%45.1%23.7%15.6%-3.8%-16.1K294.6K-3.0K3.44130.96N/AN/A186218114
2022-07-20$92.02$93.0021.1%6.0%19.1%25.8%29.1%4.8%12.5%-13.4K356.2K-3.2K3.44129.51N/AN/A186224119
2022-07-21$92.57$93.0017.8%5.1%19.0%18.7%14.8%-8.6%10.7%-14.7K321.3K-3.1K3.4499.66N/AN/A186224119
2022-07-22$91.90$93.0024.0%6.9%19.2%32.0%18.4%-0.9%9.9%-13.4K333.5K-3.2K3.44126.39N/AN/A186224119
2022-07-25$92.07$93.0030.3%8.7%17.2%45.7%31.9%9.8%5.3%-14.0K336.1K-3.2K3.44123.51N/AN/A186224119
2022-07-26$91.81$93.0031.2%9.0%17.2%47.8%29.3%10.8%-10.6%-14.6K302.7K-3.1K3.61137.18N/AN/A186524119
2022-07-27$94.16$93.0025.3%7.3%18.3%34.9%24.4%15.5%-4.6%-14.7K335.9K-3.2K3.42141.77N/AN/A196524122
2022-07-28$95.74$93.0024.6%7.1%18.5%33.4%28.6%11.4%-6.2%-14.4K254.2K-3.0K3.42131.58N/AN/A196525122
2022-07-29$96.99$93.0017.1%4.9%18.3%17.1%25.3%11.4%1.8%-16.8K213.4K-3.0K3.42131.36N/AN/A196525122