FTC Options History — November 2022

In November 2022, FTC traded between $91.70 and $97.82. ATM implied volatility averaged 31.1%, placing in the 29.6% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 7.5% (HV 20d: 23.6%). Max pain ranged from $91.00 to $95.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 1.40.

Notable Days

  • 2022-11-17: Highest Volume — 204 contracts
  • 2022-11-29: Largest IV spike — 41.6% change
  • 2022-11-07: Highest IV Rank — 67.1%
  • 2022-11-02: Largest Expected Move — 11.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$95.03$91.70$97.82$93.96$97.82
Max Pain$91.25$91.00$95.00$95.00$91.00
ATM IV31.1%20.6%52.4%34.5%34.1%
Expected Move8.3%5.9%11.0%9.9%9.8%
HV 20d23.6%21.3%27.2%22.9%25.2%
HV 60d25.1%23.8%26.0%23.9%25.7%
IV Rank29.6%8.4%67.1%37.0%32.4%
IV Percentile49.1%7.5%98.0%71.4%68.3%
Term Structure-3.8%-17.2%15.9%-8.6%-17.2%
VWIV27.8%22.4%40.9%40.3%23.5%
Skew 25d3.2%-5.5%11.5%6.9%-3.2%
Skew 10d4.9%-4.0%15.6%15.6%4.4%
Call IV 25d34.2%16.3%50.3%47.4%44.0%
Put IV 25d37.4%26.8%61.5%54.2%40.8%
Bid-Ask Spread %120.0879.64159.80120.23141.36
Gamma HHI0.350.230.490.470.30
Net GEX-1.8K-30.3K21.0K-23.0K6.0K
Net DEX-251.7K-825.9K413.6K280.2K-825.9K
Net VEX-2.9K-3.7K-1.8K-2.6K-1.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.400.592.522.520.60
Total Volume120.4760204950
Total OI233.571161290161266

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-11-01$93.96$95.0034.5%9.9%22.9%37.0%40.3%6.9%-8.6%-23.0K280.2K-2.6K2.52120.23N/AN/A276827134
2022-11-02$91.73$91.0038.4%11.0%24.6%43.5%40.9%11.2%-6.9%-23.4K271.7K-2.4K2.52142.30N/AN/A276827135
2022-11-03$92.01$0.0036.4%7.6%24.3%40.3%0.0%3.9%0.1%-30.2K413.6K-2.6K2.52137.60N/AN/A276827135
2022-11-04$92.37$0.0039.0%9.6%21.6%44.5%0.0%-2.0%-3.6%-24.4K377.4K-2.6K2.5296.41N/AN/A276827135
2022-11-07$93.42$0.0052.4%10.7%21.6%67.1%0.0%5.5%-12.4%-30.3K327.8K-2.5K2.52119.04N/AN/A276827135
2022-11-08$94.35$0.0038.7%7.7%21.3%44.1%0.0%-4.0%-4.7%-28.5K281.7K-2.4K2.5296.68N/AN/A276827135
2022-11-09$91.70$0.0028.4%8.1%24.3%26.8%0.0%-4.7%10.5%-26.1K350.2K-2.4K2.5297.93N/AN/A276827135
2022-11-10$95.43$91.0027.4%7.9%27.2%25.1%28.1%-1.4%-3.4%11.0K-386.5K-3.7K0.59126.13N/AN/A11668136134
2022-11-11$96.23$91.0025.2%7.2%24.3%21.3%26.9%11.5%-0.5%12.4K-479.4K-3.6K0.59108.55N/AN/A11668136134
2022-11-14$96.41$91.0026.6%7.6%23.5%23.8%27.8%5.8%-4.1%14.5K-598.7K-3.3K0.5992.77N/AN/A11668136134
2022-11-15$96.80$91.0026.2%7.5%23.4%23.1%24.0%11.2%-1.8%13.8K-638.8K-3.2K0.5988.08N/AN/A11668136134
2022-11-16$95.76$91.0026.2%7.5%23.8%23.0%23.9%3.6%-2.4%16.1K-543.2K-3.4K0.5979.64N/AN/A11668136134
2022-11-17$94.77$91.0037.0%10.6%23.9%40.3%24.5%4.6%-2.0%8.4K-325.3K-3.6K0.76118.31N/AN/A11688136134
2022-11-18$95.68$91.0025.9%7.4%22.6%21.3%26.1%7.5%-2.0%-18.4K-393.7K-3.4K0.76134.33N/AN/A11688136154
2022-11-21$95.07$91.0025.8%7.4%22.7%18.0%24.8%-5.5%0.1%11.8K-383.2K-3.3K0.60113.43N/AN/A11267132134
2022-11-22$96.91$91.0029.5%8.5%23.2%24.4%22.4%8.3%-9.2%8.4K-667.7K-2.6K0.60117.52N/AN/A11267132134
2022-11-23$96.87$91.0025.9%7.4%23.2%17.8%23.5%9.3%-7.7%15.9K-591.8K-3.0K0.60142.21N/AN/A11267132134
2022-11-25$97.14$91.0025.2%7.2%23.2%16.6%0.0%-4.5%-12.7%21.0K-609.3K-2.7K0.00159.80N/AN/A00132134
2022-11-28$95.45$91.0020.6%5.9%24.0%8.4%0.0%-5.5%15.9%18.8K-530.5K-2.9K0.00140.68N/AN/A00132134
2022-11-29$95.67$91.0029.2%8.4%24.0%23.7%0.0%8.5%-7.5%9.5K-614.3K-2.6K0.00148.61N/AN/A00132134
2022-11-30$97.82$91.0034.1%9.8%25.2%32.4%0.0%-3.2%-17.2%6.0K-825.9K-1.8K0.00141.36N/AN/A00132134