FTC Options History — March 2024

In March 2024, FTC traded between $119.95 and $123.63. ATM implied volatility averaged 16.9%, placing in the 21.7% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded below realized volatility by 0.8% (HV 20d: 17.7%). Max pain ranged from $90.00 to $90.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 2 of 20 days.

Notable Days

  • 2024-03-11: Largest IV spike — 63.4% change
  • 2024-03-28: Highest IV Rank — 33.1%
  • 2024-03-28: Largest Expected Move — 5.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$121.88$119.95$123.63$121.41$123.63
Max Pain$90.00$90.00$90.00$90.00$90.00
ATM IV16.9%11.8%23.8%11.8%18.9%
Expected Move5.0%3.4%5.4%3.4%5.4%
HV 20d17.7%14.0%20.8%19.0%14.0%
HV 60d15.9%15.0%16.2%15.1%15.5%
IV Rank21.7%5.5%33.1%5.5%33.1%
IV Percentile40.9%6.0%84.9%6.0%60.7%
Term Structure-2.8%-6.6%6.5%6.5%-6.5%
Skew 25d1.8%1.1%2.9%1.3%2.5%
Skew 10d6.3%-0.4%8.7%-0.4%7.9%
Call IV 25d18.4%10.8%20.7%10.8%20.1%
Put IV 25d20.2%12.1%22.7%12.1%22.7%
Bid-Ask Spread %139.94134.22143.15134.22138.89
Gamma HHI1.001.001.001.001.00
Net GEX-2-8000
Net DEX16203762070
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1010101010

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$121.41$0.0011.8%3.4%19.0%5.5%0.0%1.3%6.5%020700.00134.22N/AN/A00010
2024-03-04$122.33$90.0014.5%4.8%18.6%10.2%0.0%1.3%-1.6%020700.00135.76N/AN/A00010
2024-03-05$120.20$90.0015.1%5.0%19.8%11.4%0.0%1.1%-3.1%-120800.00141.92N/AN/A00010
2024-03-06$121.36$90.0014.8%5.0%20.0%10.7%0.0%1.6%-2.5%-321100.00140.07N/AN/A00010
2024-03-07$122.71$90.0014.3%4.9%20.0%9.9%0.0%2.2%-2.7%-120800.00138.26N/AN/A00010
2024-03-08$121.69$90.0014.5%5.0%20.3%10.4%0.0%1.3%-2.2%-120800.00139.32N/AN/A00010
2024-03-11$120.66$90.0023.8%5.2%20.6%26.9%0.0%1.1%-3.8%-221100.00141.32N/AN/A00010
2024-03-12$122.03$90.0014.4%5.0%20.8%10.1%0.0%1.9%-3.2%-233300.00139.32N/AN/A00010
2024-03-13$122.02$90.0017.8%5.1%19.5%16.3%0.0%2.0%-2.2%-120800.00139.74N/AN/A00010
2024-03-14$120.71$90.0017.5%5.0%18.9%23.6%0.0%1.6%-1.8%-637600.00141.91N/AN/A00010
2024-03-15$119.95$90.0018.7%5.4%18.8%32.5%0.0%1.6%-2.9%-822300.00142.27N/AN/A00010
2024-03-18$120.53$90.0016.8%4.8%18.2%26.2%0.0%1.7%-5.2%-421500.00142.81N/AN/A00010
2024-03-19$120.44$90.0017.1%4.9%17.6%27.3%0.0%2.2%1.0%-221000.00143.15N/AN/A00010
2024-03-20$122.03$90.0017.2%4.9%17.7%27.5%0.0%1.8%-5.3%020700.00140.76N/AN/A00010
2024-03-21$123.61$90.0017.2%4.9%14.0%27.5%0.0%2.0%-5.5%0000.00137.37N/AN/A00010
2024-03-22$122.99$90.0017.4%5.0%14.1%28.2%0.0%1.9%-1.1%0000.00140.04N/AN/A00010
2024-03-25$122.95$90.0018.5%5.3%14.1%31.6%0.0%1.9%-6.3%0000.00140.16N/AN/A00010
2024-03-26$123.02$90.0018.4%5.3%14.1%31.5%0.0%1.5%-1.9%0000.00140.76N/AN/A00010
2024-03-27$123.40$90.0018.8%5.4%14.1%32.6%0.0%2.9%-6.6%0000.00140.71N/AN/A00010
2024-03-28$123.63$90.0018.9%5.4%14.0%33.1%0.0%2.5%-6.5%0000.00138.89N/AN/A00010