FTC Options History — April 2023

In April 2023, FTC traded between $91.16 and $94.21. ATM implied volatility averaged 20.2%, placing in the 13.5% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 3.7% (HV 20d: 16.5%). Max pain ranged from $89.00 to $93.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-04-20: Highest Volume — 8 contracts
  • 2023-04-04: Largest IV spike — 130.6% change
  • 2023-04-04: Highest IV Rank — 26.4%
  • 2023-04-04: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$93.07$91.16$94.21$93.84$93.19
Max Pain$89.63$89.00$93.00$93.00$89.00
ATM IV20.2%12.1%28.0%12.1%21.0%
Expected Move5.8%3.4%8.0%3.5%6.0%
HV 20d16.5%11.5%21.8%21.6%14.0%
HV 60d16.3%15.9%16.9%16.9%16.2%
IV Rank13.5%0.0%26.4%0.0%14.9%
IV Percentile14.6%0.0%43.3%0.0%15.9%
Term Structure-2.0%-8.1%6.6%1.5%-7.9%
Skew 25d5.3%-11.8%17.2%2.7%-11.8%
Skew 10d8.6%-9.2%27.2%2.8%0.2%
Call IV 25d17.1%9.4%31.2%11.1%27.2%
Put IV 25d22.5%13.2%31.8%13.8%15.4%
Bid-Ask Spread %140.28106.61167.49148.76126.16
Gamma HHI0.210.200.250.200.25
Net GEX9.0K2.4K13.3K10.8K3.8K
Net DEX50.1K-28.4K161.7K-26.0K93.6K
Net VEX-2.1K-2.4K-1.8K-2.4K-1.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.4210800
Total OI118.895113121121113

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$93.84$93.0012.1%3.5%21.6%0.0%0.0%2.7%1.5%10.8K-26.0K-2.4K0.00148.76N/AN/A006853
2023-04-04$92.44$93.0028.0%8.0%21.8%26.4%0.0%0.6%-8.1%6.8K19.5K-2.3K0.00156.44N/AN/A006853
2023-04-05$92.32$93.0018.6%5.3%21.8%10.8%0.0%0.4%-3.2%8.6K60.1K-2.2K0.00152.24N/AN/A006853
2023-04-06$91.96$89.0018.6%6.6%21.1%10.9%0.0%12.3%-3.7%10.7K77.1K-2.1K0.00129.50N/AN/A006853
2023-04-10$92.60$89.0020.9%3.4%19.4%14.8%0.0%7.4%6.6%10.6K96.1K-2.1K0.00137.51N/AN/A006853
2023-04-11$93.22$89.0014.1%5.3%19.5%3.4%0.0%10.3%-0.2%13.3K27.5K-2.2K0.00106.61N/AN/A006853
2023-04-12$92.96$89.0024.5%7.0%19.5%20.7%0.0%8.8%-7.0%11.8K41.4K-2.2K0.00135.67N/AN/A006853
2023-04-13$93.84$89.0018.9%5.4%17.6%11.3%0.0%-4.3%-0.4%9.9K13.9K-2.2K0.00137.68N/AN/A006853
2023-04-14$93.65$89.0024.7%7.1%16.7%21.0%0.0%11.6%-6.7%12.0K-28.4K-2.3K0.00136.01N/AN/A006853
2023-04-17$93.72$89.0019.5%5.6%15.2%12.4%0.0%17.2%0.9%12.7K20.5K-2.1K0.00137.23N/AN/A006853
2023-04-18$94.21$89.0017.2%4.9%14.5%8.5%0.0%4.0%3.7%12.4K-7.7K-2.1K0.00128.82N/AN/A006853
2023-04-19$93.88$89.0021.3%6.1%13.6%15.4%0.0%-6.7%-3.8%11.6K4.6K-2.1K0.00135.29N/AN/A006853
2023-04-20$93.50$89.0023.5%6.7%12.6%19.0%0.0%1.5%-5.3%10.2K37.7K-2.0K0.00140.08N/AN/A806853
2023-04-21$93.54$89.0018.2%5.2%11.5%10.2%0.0%16.2%2.9%12.3K47.3K-1.9K0.00139.29N/AN/A006853
2023-04-24$93.81$89.0013.8%4.0%11.5%2.9%0.0%8.8%3.9%3.6K74.6K-2.0K0.00135.62N/AN/A006053
2023-04-25$92.03$89.0017.8%5.1%13.5%9.5%0.0%1.7%-0.6%3.7K115.1K-1.9K0.00154.01N/AN/A006053
2023-04-26$91.16$89.0026.7%7.7%14.0%24.3%0.0%10.4%-5.7%2.4K123.7K-1.9K0.00160.92N/AN/A006053
2023-04-27$92.53$89.0024.2%6.9%13.9%20.2%0.0%10.4%-5.5%3.5K161.7K-1.8K0.00167.49N/AN/A006053
2023-04-28$93.19$89.0021.0%6.0%14.0%14.9%0.0%-11.8%-7.9%3.8K93.6K-1.9K0.00126.16N/AN/A006053