FTC Options History — September 2023

In September 2023, FTC traded between $95.69 and $102.25. ATM implied volatility averaged 20.9%, placing in the 16.8% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 8.0% (HV 20d: 12.9%). Max pain ranged from $104.00 to $104.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days.

Notable Days

  • 2023-09-12: Largest IV spike — 113.1% change
  • 2023-09-12: Highest IV Rank — 46.9%
  • 2023-09-28: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$99.35$95.69$102.25$102.25$96.95
Max Pain$104.00$104.00$104.00$104.00$104.00
ATM IV20.9%13.7%39.4%16.4%23.6%
Expected Move5.2%3.9%8.0%4.7%6.8%
HV 20d12.9%11.8%14.1%13.3%12.5%
HV 60d13.0%12.6%13.5%13.1%13.3%
IV Rank16.8%5.1%46.9%9.3%21.4%
IV Percentile35.8%3.6%94.4%14.3%52.4%
Term Structure-0.7%-9.9%7.4%4.5%-1.4%
Skew 25d3.5%-5.4%14.2%-5.4%-5.4%
Skew 10d4.1%-10.1%22.1%1.4%6.4%
Call IV 25d18.1%10.3%25.5%23.6%25.0%
Put IV 25d21.6%15.5%32.3%18.2%19.6%
Bid-Ask Spread %111.5393.78132.34132.34119.43
Gamma HHI1.001.001.001.001.00
Net GEX4.1K1.3K6.3K5.4K1.7K
Net DEX-19.5K-35.5K-2.3K-34.9K-3.2K
Net VEX-72-119-15-119-16
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI88888

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$102.25$0.0016.4%4.7%13.3%9.3%0.0%-5.4%4.5%5.4K-34.9K-1190.00132.34N/AN/A0080
2023-09-05$101.88$104.0024.1%4.8%13.1%21.9%0.0%-1.7%-1.0%5.8K-35.5K-1140.0098.70N/AN/A0080
2023-09-06$101.43$104.0021.6%5.3%12.9%17.8%0.0%-0.3%3.1%5.2K-31.0K-1060.0093.78N/AN/A0080
2023-09-07$101.17$104.0022.5%4.4%12.9%19.4%0.0%8.8%1.5%5.3K-29.0K-1060.0097.13N/AN/A0080
2023-09-08$101.03$104.0023.8%4.2%12.8%21.4%0.0%-0.1%0.9%5.4K-29.2K-1010.0099.16N/AN/A0080
2023-09-11$101.57$104.0018.5%4.0%12.9%12.8%0.0%4.6%2.2%6.2K-28.4K-1000.0094.96N/AN/A0080
2023-09-12$100.82$104.0039.4%5.5%13.2%46.9%0.0%14.2%-6.0%5.4K-25.5K-940.00106.01N/AN/A0080
2023-09-13$100.37$104.0014.7%4.2%12.6%6.6%0.0%-0.8%7.4%4.7K-27.3K-950.00104.75N/AN/A0080
2023-09-14$101.22$104.0015.1%4.3%12.7%7.3%0.0%3.8%2.3%6.3K-24.9K-920.00106.28N/AN/A0080
2023-09-15$99.74$104.0019.6%5.6%12.9%14.7%0.0%10.5%-3.5%3.9K-25.9K-900.00108.80N/AN/A0080
2023-09-18$99.85$104.0019.2%5.5%12.8%14.1%0.0%2.1%7.4%5.0K-18.0K-710.00108.54N/AN/A0080
2023-09-19$99.57$104.0019.5%5.6%12.7%14.6%0.0%7.6%-5.1%4.9K-24.3K-830.00122.22N/AN/A0080
2023-09-20$98.97$104.0018.5%5.3%12.8%12.9%0.0%6.1%-3.7%3.9K-13.8K-580.00114.44N/AN/A0080
2023-09-21$96.94$104.0018.8%5.4%14.1%13.4%0.0%1.3%-7.3%2.6K-7.8K-380.00110.75N/AN/A0080
2023-09-22$96.89$104.0013.7%3.9%13.2%5.1%0.0%6.7%-4.0%2.6K-6.6K-330.00125.34N/AN/A0080
2023-09-25$96.98$104.0017.2%4.9%12.8%10.7%0.0%12.1%5.2%2.7K-9.6K-430.00115.95N/AN/A0080
2023-09-26$95.69$104.0022.4%6.4%13.3%19.4%0.0%5.3%2.3%1.3K-2.3K-150.00126.84N/AN/A0080
2023-09-27$96.17$104.0021.5%6.2%11.8%17.9%0.0%3.2%-8.1%1.9K-5.1K-260.00121.90N/AN/A0080
2023-09-28$97.41$104.0027.8%8.0%12.6%28.3%0.0%-2.2%-9.9%2.7K-6.9K-300.00123.30N/AN/A0080
2023-09-29$96.95$104.0023.6%6.8%12.5%21.4%0.0%-5.4%-1.4%1.7K-3.2K-160.00119.43N/AN/A0080