FTC Options History — September 2022

In September 2022, FTC traded between $85.65 and $97.76. ATM implied volatility averaged 34.7%, placing in the 43.1% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 12.7% (HV 20d: 22.0%). Max pain ranged from $98.00 to $100.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 3.95.

Notable Days

  • 2022-09-16: Highest Volume — 114 contracts
  • 2022-09-13: Largest IV spike — 209.5% change
  • 2022-09-13: Highest IV Rank — 100.0%
  • 2022-09-26: Largest Expected Move — 12.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$91.44$85.65$97.76$93.45$85.89
Max Pain$98.19$98.00$100.00$100.00$98.00
ATM IV34.7%21.7%72.0%32.0%31.6%
Expected Move9.0%6.2%12.5%9.2%9.1%
HV 20d22.0%18.1%25.7%18.8%25.6%
HV 60d21.3%19.6%24.5%24.5%21.3%
IV Rank43.1%15.5%100.0%48.1%32.1%
IV Percentile67.1%24.6%100.0%72.2%66.3%
Term Structure-0.8%-13.3%18.0%0.3%-1.4%
VWIV30.0%18.9%42.6%34.4%42.6%
Skew 25d10.3%-4.1%27.6%3.8%11.2%
Skew 10d11.8%-9.3%34.7%9.7%13.5%
Call IV 25d30.8%20.6%45.9%27.8%45.9%
Put IV 25d41.1%21.2%57.9%31.6%57.1%
Bid-Ask Spread %127.13105.33153.71140.22131.28
Gamma HHI0.420.260.600.410.56
Net GEX-27.0K-34.8K-20.6K-27.1K-30.2K
Net DEX558.3K346.5K771.7K496.3K714.6K
Net VEX-2.9K-3.1K-2.6K-3.1K-2.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.950.0010.004.093.48
Total Volume4701140103
Total OI173.905171182171172

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-09-01$93.45$100.0032.0%9.2%18.8%48.1%0.0%3.8%0.3%-27.1K496.3K-3.1K0.00140.22N/AN/A0024147
2022-09-02$92.88$100.0030.7%8.8%18.8%45.3%0.0%-4.1%7.7%-27.0K492.2K-3.1K0.00153.71N/AN/A0024147
2022-09-06$93.19$98.0040.6%11.1%18.7%67.2%34.4%4.7%-6.1%-20.8K476.5K-3.1K4.09121.80N/AN/A229024147
2022-09-07$94.77$98.0041.8%9.0%19.7%69.9%30.1%7.6%-3.0%-22.2K472.1K-3.0K4.09113.59N/AN/A229024147
2022-09-08$95.49$98.0042.0%10.3%18.1%70.4%0.0%13.1%-5.3%-20.6K450.2K-3.0K0.00119.21N/AN/A0024147
2022-09-09$97.20$98.0044.0%6.8%19.4%74.7%0.0%1.0%0.4%-24.6K346.5K-2.8K0.00130.69N/AN/A01024147
2022-09-12$97.76$98.0023.3%8.0%18.6%25.1%0.0%12.6%-13.3%-32.9K395.6K-3.0K0.00112.34N/AN/A0024157
2022-09-13$94.21$98.0072.0%11.2%22.3%100.0%36.6%18.9%-7.0%-21.7K447.2K-3.1K4.09118.85N/AN/A229024157
2022-09-14$94.39$98.0035.1%10.1%22.3%38.0%0.0%14.2%-4.7%-25.0K492.7K-3.1K0.00132.31N/AN/A0024157
2022-09-15$92.13$98.0027.3%7.8%23.5%24.9%18.9%2.3%7.7%-23.2K510.4K-3.1K0.00132.19N/AN/A1024157
2022-09-16$92.18$98.0035.3%10.1%23.3%38.4%27.6%18.1%8.6%-25.5K598.4K-3.1K3.75105.33N/AN/A249025157
2022-09-19$92.69$98.0021.7%6.2%23.4%15.5%0.0%-1.6%1.9%-28.6K504.9K-3.1K0.00140.86N/AN/A0025147
2022-09-20$91.78$98.0025.1%7.2%22.9%21.2%0.0%1.5%-0.6%-32.1K581.2K-3.0K0.00125.45N/AN/A0025147
2022-09-21$90.30$98.0027.3%7.8%23.3%24.9%0.0%9.6%4.7%-29.3K516.9K-3.0K0.00136.76N/AN/A0025147
2022-09-22$89.41$98.0028.5%8.2%23.1%27.0%0.0%15.9%-9.1%-34.8K632.9K-3.0K0.00128.79N/AN/A0025147
2022-09-23$86.69$98.0032.5%9.3%24.1%33.6%21.5%17.4%-1.2%-31.3K771.7K-2.6K10.00127.09N/AN/A11025147
2022-09-26$85.90$98.0043.6%12.5%22.8%52.4%27.2%21.8%-10.7%-27.6K712.6K-2.7K3.48128.99N/AN/A238025147
2022-09-27$85.65$98.0027.2%7.8%22.9%24.8%27.8%27.6%18.0%-26.8K726.0K-2.7K3.48126.53N/AN/A238025147
2022-09-28$87.97$98.0039.9%11.4%25.2%46.1%36.2%11.9%-4.3%-26.3K675.6K-2.8K3.48123.27N/AN/A238025147
2022-09-29$86.40$98.0028.1%8.0%25.7%26.2%27.2%9.7%1.3%-30.2K710.6K-2.7K3.48120.52N/AN/A238025147
2022-09-30$85.89$98.0031.6%9.1%25.6%32.1%42.6%11.2%-1.4%-30.2K714.6K-2.6K3.48131.28N/AN/A238025147