FTC Options History — August 2023

In August 2023, FTC traded between $97.63 and $104.06. ATM implied volatility averaged 20.4%, placing in the 15.9% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded above realized volatility by 7.2% (HV 20d: 13.2%). Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 11 of 23 days.

Notable Days

  • 2023-08-29: Largest IV spike — 50.3% change
  • 2023-08-03: Highest IV Rank — 36.0%
  • 2023-08-29: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$100.25$97.63$104.06$104.06$101.95
ATM IV20.4%14.7%32.7%19.4%16.1%
Expected Move5.5%3.9%8.2%5.5%4.6%
HV 20d13.2%12.0%14.9%12.7%13.6%
HV 60d13.4%13.0%13.8%13.1%13.1%
IV Rank15.9%6.6%36.0%14.2%8.9%
IV Percentile31.5%6.3%81.7%25.0%12.3%
Term Structure-0.5%-13.3%10.1%-2.9%3.0%
Skew 25d4.0%-2.8%13.2%7.7%3.4%
Skew 10d4.6%-9.5%22.8%0.8%-0.3%
Call IV 25d18.8%13.0%27.6%17.2%13.1%
Put IV 25d22.8%16.3%31.8%24.9%16.4%
Bid-Ask Spread %111.2783.34133.65107.78126.22
Gamma HHI1.001.001.001.001.00
Net GEX4.1K2.9K5.7K4.3K5.7K
Net DEX-28.1K-45.7K-17.8K-45.7K-34.1K
Net VEX-123-153-92-153-118
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI88888

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$104.06$0.0019.4%5.5%12.7%14.2%0.0%7.7%-2.9%4.3K-45.7K-1530.00107.78N/AN/A0080
2023-08-02$102.12$0.0024.8%7.1%14.3%23.1%0.0%3.6%-5.3%3.3K-34.6K-1480.00120.94N/AN/A0080
2023-08-03$101.85$0.0032.7%4.7%13.6%36.0%0.0%0.0%-1.1%4.2K-38.0K-1500.0086.75N/AN/A0080
2023-08-04$100.97$0.0027.8%3.9%13.9%28.0%0.0%-1.6%10.1%4.5K-33.2K-1430.0099.23N/AN/A0080
2023-08-07$101.75$0.0017.7%5.7%13.6%11.5%0.0%5.6%-6.5%4.0K-38.2K-1470.0087.65N/AN/A0080
2023-08-08$101.05$0.0018.1%5.1%13.6%12.2%0.0%1.0%-6.6%3.9K-26.6K-1300.00133.65N/AN/A0080
2023-08-09$100.65$0.0016.1%4.6%13.6%8.9%0.0%-2.8%1.7%4.4K-28.7K-1350.0094.16N/AN/A0080
2023-08-10$100.27$0.0018.8%5.4%13.0%13.3%0.0%-1.2%2.0%4.4K-27.0K-1290.00101.84N/AN/A0080
2023-08-11$100.18$0.0014.8%4.3%12.8%6.9%0.0%9.6%0.6%4.5K-27.9K-1320.00113.99N/AN/A0080
2023-08-14$100.60$0.0018.8%5.4%12.0%13.3%0.0%11.2%-6.2%3.9K-31.8K-1310.0083.34N/AN/A0080
2023-08-15$99.46$0.0021.1%6.1%12.0%17.1%0.0%2.4%-0.1%3.6K-23.5K-1190.00106.40N/AN/A0080
2023-08-16$98.97$0.0019.3%5.5%12.0%14.1%0.0%2.6%-2.9%3.7K-24.1K-1180.00114.67N/AN/A0080
2023-08-17$97.63$0.0018.4%5.3%12.3%12.6%0.0%4.3%-6.8%2.9K-19.4K-1040.00112.60N/AN/A0080
2023-08-18$98.03$0.0022.7%6.5%12.5%19.7%0.0%13.2%-0.5%3.5K-20.0K-1030.00114.02N/AN/A0080
2023-08-21$98.73$0.0021.1%6.0%12.9%17.1%0.0%6.3%7.6%3.7K-24.7K-1170.00113.31N/AN/A0080
2023-08-22$98.41$0.0023.2%6.7%12.4%20.5%0.0%10.2%-13.3%3.3K-20.0K-1000.00119.66N/AN/A0080
2023-08-23$99.60$0.0017.3%5.0%13.4%10.9%0.0%-1.7%8.1%4.1K-23.7K-1100.00112.66N/AN/A0080
2023-08-24$98.19$0.0020.0%5.7%13.8%15.3%0.0%-0.5%0.2%3.4K-17.8K-920.00123.30N/AN/A0080
2023-08-25$99.03$0.0018.8%5.4%13.7%13.3%0.0%1.9%5.3%4.2K-21.1K-1060.00114.07N/AN/A0080
2023-08-28$99.45$0.0019.0%5.4%13.4%13.6%0.0%3.8%7.9%4.0K-22.9K-1050.00121.32N/AN/A0080
2023-08-29$101.07$0.0028.5%8.2%14.9%29.2%0.0%7.1%-6.5%4.3K-30.0K-1130.00124.75N/AN/A0080
2023-08-30$101.81$0.0014.7%4.2%13.7%6.6%0.0%5.8%0.6%5.1K-34.4K-1190.00126.93N/AN/A0080
2023-08-31$101.95$0.0016.1%4.6%13.6%8.9%0.0%3.4%3.0%5.7K-34.1K-1180.00126.22N/AN/A0080