FTC Options History — July 2024

In July 2024, FTC traded between $120.81 and $126.82. ATM implied volatility averaged 19.5%, placing in the 30.9% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 7.6% (HV 20d: 11.8%). Max pain ranged from $119.00 to $125.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-07-16: Highest Volume — 2 contracts
  • 2024-07-10: Largest IV drop — 34.7% change
  • 2024-07-09: Highest IV Rank — 47.9%
  • 2024-07-30: Largest Expected Move — 6.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$123.39$120.81$126.82$121.97$123.64
Max Pain$122.29$119.00$125.00$119.00$120.00
ATM IV19.5%15.7%25.3%20.1%21.9%
Expected Move5.3%4.3%6.5%5.8%6.3%
HV 20d11.8%8.2%17.2%11.3%17.2%
HV 60d12.7%11.8%13.6%13.5%13.6%
IV Rank30.9%20.1%47.9%32.7%38.1%
IV Percentile56.4%26.2%91.3%65.9%78.2%
Term Structure-4.0%-9.5%2.0%-7.4%-9.2%
VWIV16.2%8.6%22.3%8.6%22.3%
Skew 25d2.5%-0.6%12.2%0.5%5.5%
Skew 10d4.0%-6.0%17.4%6.3%17.4%
Call IV 25d18.6%8.3%24.4%24.0%20.1%
Put IV 25d21.1%18.2%25.6%24.5%25.6%
Bid-Ask Spread %182.96150.15191.72151.95189.95
Gamma HHI0.160.140.190.150.16
Net GEX8.9K7.0K11.2K7.0K10.4K
Net DEX-109.0K-142.4K-84.4K-92.6K-114.2K
Net VEX-471-504-419-476-488
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.2270200
Total OI17.40916201620

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$121.97$119.0020.1%5.8%11.3%32.7%0.0%0.5%-7.4%7.0K-92.6K-4760.00151.95N/AN/A00151
2024-07-02$122.57$119.0020.5%5.9%11.2%34.0%0.0%1.9%-4.1%7.3K-97.4K-4740.00152.38N/AN/A00151
2024-07-03$123.31$119.0021.0%6.0%11.3%35.3%0.0%2.2%-4.9%7.1K-104.1K-4730.00150.15N/AN/A00151
2024-07-05$123.53$0.0021.9%4.3%9.7%38.0%0.0%2.4%2.0%7.0K-106.2K-4670.00191.72N/AN/A00151
2024-07-08$123.90$0.0024.1%4.7%9.3%44.5%0.0%2.3%-2.2%7.0K-108.5K-4590.00188.71N/AN/A00151
2024-07-09$123.81$0.0025.3%4.8%9.3%47.9%0.0%1.8%-2.5%7.3K-107.0K-4540.00190.69N/AN/A00151
2024-07-10$124.44$0.0016.5%4.7%8.9%22.5%0.0%2.1%-0.5%7.0K-109.5K-4500.00188.44N/AN/A00151
2024-07-11$124.59$0.0017.0%4.9%8.8%23.9%0.0%2.8%-2.2%7.9K-115.0K-4380.00186.76N/AN/A00151
2024-07-12$125.63$0.0016.7%4.8%8.3%23.0%0.0%2.1%-2.9%7.1K-122.9K-4340.00183.34N/AN/A00151
2024-07-15$125.57$0.0016.6%4.8%8.3%22.7%0.0%1.8%-3.5%7.5K-121.6K-4300.00186.14N/AN/A10151
2024-07-16$126.82$0.0015.7%4.5%8.2%20.1%8.6%3.1%-2.8%8.4K-142.4K-4190.00175.49N/AN/A20161
2024-07-17$123.97$125.0016.5%4.7%11.2%22.4%0.0%11.0%-2.1%11.0K-127.2K-5000.00191.02N/AN/A00181
2024-07-18$122.58$125.0017.2%4.9%11.8%24.2%0.0%1.2%-2.8%11.2K-112.3K-5040.00190.34N/AN/A00181
2024-07-19$122.34$125.0017.9%5.1%11.7%26.4%0.0%0.4%-2.0%11.0K-108.4K-5000.00190.36N/AN/A00181
2024-07-22$123.81$125.0018.1%5.2%12.4%27.1%0.0%0.9%-3.4%9.6K-107.6K-4870.00191.53N/AN/A00171
2024-07-23$124.37$125.0017.6%5.1%12.5%25.6%0.0%12.2%-2.3%10.6K-121.3K-4750.00191.30N/AN/A00171
2024-07-24$121.14$125.0020.0%5.7%15.7%32.3%0.0%-0.4%-4.9%9.6K-89.4K-4850.00185.56N/AN/A00171
2024-07-25$120.81$125.0019.8%5.7%15.7%31.9%17.7%-0.6%-8.3%9.5K-84.4K-4750.00183.94N/AN/A10171
2024-07-26$121.97$120.0019.9%5.7%15.9%32.1%0.0%0.4%-4.6%10.6K-103.8K-4960.00188.58N/AN/A00181
2024-07-29$122.34$120.0020.9%6.0%15.9%35.2%0.0%1.0%-9.5%11.2K-105.1K-4870.00190.29N/AN/A00181
2024-07-30$121.46$120.0022.7%6.5%16.0%40.2%22.3%-0.5%-6.9%11.0K-97.2K-4810.00186.39N/AN/A01181
2024-07-31$123.64$120.0021.9%6.3%17.2%38.1%0.0%5.5%-9.2%10.4K-114.2K-4880.00189.95N/AN/A00182