FTC Options History — May 2024

In May 2024, FTC traded between $116.70 and $122.75. ATM implied volatility averaged 23.1%, placing in the 44.2% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 9.3% (HV 20d: 13.8%). Max pain ranged from $116.00 to $116.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.00.

Notable Days

2024-05-02: Highest Volume — 1 contracts
2024-05-15: Largest IV drop — 63.5% change
2024-05-13: Highest IV Rank — 100.0%
2024-05-02: Largest Expected Move — 7.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$120.58	$116.70	$122.75	$116.70	$119.20
Max Pain	$116.00	$116.00	$116.00	$116.00	$116.00
ATM IV	23.1%	15.6%	43.3%	24.3%	20.6%
Expected Move	5.2%	4.0%	7.1%	7.0%	5.9%
HV 20d	13.8%	10.4%	17.0%	17.0%	12.8%
HV 60d	15.4%	14.0%	16.9%	16.7%	14.0%
IV Rank	44.2%	19.8%	100.0%	50.7%	34.1%
IV Percentile	69.4%	31.0%	100.0%	91.3%	69.4%
Term Structure	-3.6%	-12.2%	1.0%	-6.6%	-7.5%
VWIV	22.4%	22.4%	22.4%	22.4%	22.4%
Skew 25d	2.0%	0.2%	3.9%	0.2%	2.0%
Skew 10d	5.5%	-2.3%	7.6%	-2.3%	4.1%
Call IV 25d	19.4%	14.9%	27.4%	26.9%	22.8%
Put IV 25d	21.4%	18.6%	28.5%	27.1%	24.8%
Bid-Ask Spread %	174.53	165.32	182.06	176.76	182.06
Gamma HHI	0.32	0.25	0.52	0.51	0.25
Net GEX	2.2K	1.1K	3.6K	1.1K	3.6K
Net DEX	-25.8K	-36.3K	-9.8K	-9.8K	-36.3K
Net VEX	-96	-203	-53	-53	-203
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.318	0	1	0	1
Total OI	3.909	2	7	2	7

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI
2024-05-01	$116.70	$0.00	24.3%	7.0%	17.0%	50.7%	0.0%	0.2%	-6.6%	1.1K	-9.8K	-53	176.76	N/A	N/A	0	2
2024-05-02	$116.86	$0.00	24.8%	7.1%	16.4%	52.3%	22.4%	0.9%	-12.2%	1.1K	-10.0K	-53	177.24	N/A	N/A	1	2
2024-05-03	$118.08	$116.00	24.1%	6.9%	16.1%	50.0%	0.0%	1.2%	-11.5%	2.0K	-18.9K	-61	177.95	N/A	N/A	0	3
2024-05-06	$119.66	$0.00	25.3%	4.0%	17.0%	53.8%	0.0%	3.9%	-3.4%	1.9K	-21.8K	-60	172.77	N/A	N/A	0	3
2024-05-07	$119.68	$0.00	26.8%	4.9%	16.8%	58.8%	0.0%	2.6%	-0.8%	1.9K	-21.4K	-60	174.65	N/A	N/A	1	3
2024-05-08	$119.60	$0.00	26.9%	4.8%	16.5%	59.2%	0.0%	2.1%	-5.6%	2.3K	-26.2K	-90	177.45	N/A	N/A	0	4
2024-05-09	$120.59	$0.00	28.0%	4.7%	16.6%	62.6%	0.0%	1.9%	-4.9%	2.3K	-28.0K	-90	173.16	N/A	N/A	0	4
2024-05-10	$120.85	$0.00	30.3%	4.6%	14.8%	70.1%	0.0%	2.1%	-0.4%	2.3K	-27.9K	-86	172.14	N/A	N/A	0	4
2024-05-13	$120.25	$0.00	39.8%	4.9%	13.7%	100.0%	0.0%	2.4%	-2.1%	2.4K	-28.0K	-85	176.55	N/A	N/A	0	4
2024-05-14	$120.72	$0.00	43.3%	4.4%	13.7%	100.0%	0.0%	2.3%	0.0%	2.4K	-28.9K	-85	175.40	N/A	N/A	0	4
2024-05-15	$122.75	$0.00	15.8%	4.5%	14.0%	20.3%	0.0%	2.7%	0.9%	2.3K	-32.8K	-83	165.32	N/A	N/A	0	4
2024-05-16	$122.20	$0.00	15.6%	4.5%	13.9%	19.8%	0.0%	2.1%	1.0%	2.3K	-32.4K	-82	171.88	N/A	N/A	0	4
2024-05-17	$121.95	$0.00	16.9%	4.8%	12.1%	23.4%	0.0%	2.7%	-0.6%	2.3K	-30.9K	-82	172.04	N/A	N/A	0	4
2024-05-20	$122.73	$0.00	17.4%	5.0%	11.8%	25.0%	0.0%	2.9%	-2.6%	1.6K	-22.1K	-79	168.79	N/A	N/A	0	3
2024-05-21	$122.70	$0.00	17.3%	5.0%	10.4%	24.7%	0.0%	2.6%	-2.6%	1.8K	-22.0K	-78	171.10	N/A	N/A	0	3
2024-05-22	$122.18	$0.00	16.8%	4.8%	10.6%	23.1%	0.0%	1.6%	-0.7%	1.8K	-21.5K	-78	175.71	N/A	N/A	1	3
2024-05-23	$121.06	$0.00	18.1%	5.2%	11.4%	27.1%	0.0%	1.5%	-2.4%	2.4K	-24.6K	-110	176.78	N/A	N/A	0	4
2024-05-24	$122.70	$0.00	17.6%	5.1%	11.9%	25.6%	0.0%	2.4%	-2.3%	2.3K	-27.0K	-107	171.38	N/A	N/A	1	4
2024-05-28	$121.81	$0.00	18.6%	5.3%	12.3%	28.4%	0.0%	2.2%	-3.0%	2.9K	-31.3K	-138	174.79	N/A	N/A	1	5
2024-05-29	$120.80	$0.00	19.8%	5.7%	12.1%	31.9%	0.0%	1.7%	-7.4%	3.3K	-34.8K	-175	176.91	N/A	N/A	0	6
2024-05-30	$119.73	$0.00	20.0%	5.7%	12.6%	32.4%	0.0%	0.7%	-3.8%	3.3K	-31.5K	-171	178.74	N/A	N/A	1	6
2024-05-31	$119.20	$0.00	20.6%	5.9%	12.8%	34.1%	0.0%	2.0%	-7.5%	3.6K	-36.3K	-203	182.06	N/A	N/A	1	7