FTC Options History — January 2025

In January 2025, FTC traded between $137.09 and $146.75. ATM implied volatility averaged 20.0%, placing in the 27.5% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 1.1% (HV 20d: 18.9%). Max pain ranged from $122.00 to $143.00. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-01-22: Highest Volume — 1 contracts
  • 2025-01-14: Largest IV spike — 207.7% change
  • 2025-01-14: Highest IV Rank — 93.6%
  • 2025-01-10: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$142.44$137.09$146.75$138.42$145.59
Max Pain$138.33$122.00$143.00$122.00$143.00
ATM IV20.0%13.3%43.7%23.4%18.2%
Expected Move5.2%3.8%7.9%6.7%5.2%
HV 20d18.9%15.6%21.7%19.5%17.3%
HV 60d17.2%16.3%18.3%16.3%18.2%
IV Rank27.5%8.9%93.6%37.0%22.5%
IV Percentile50.9%7.5%99.6%85.3%52.0%
Term Structure-1.2%-8.4%29.1%-6.5%-3.3%
VWIV14.2%14.2%14.2%14.2%14.2%
Skew 25d4.9%-0.5%24.7%1.2%2.8%
Skew 10d8.0%-2.2%24.7%2.3%8.6%
Call IV 25d15.9%7.8%22.7%22.7%19.8%
Put IV 25d20.8%15.8%33.5%23.8%22.5%
Bid-Ask Spread %171.03145.91196.78145.91169.86
Gamma HHI0.290.150.520.320.26
Net GEX29-2.9K1.4K-1.3K1.4K
Net DEX-83.0K-140.5K-14.9K-130.1K-26.6K
Net VEX-106-166-69-100-158
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.20101
Total OI11.05316166

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$138.42$122.0023.4%6.7%19.5%37.0%0.0%1.2%-6.5%-1.3K-130.1K-1000.00145.91N/AN/A00115
2025-01-03$140.52$122.0021.5%6.2%20.3%31.8%0.0%1.6%-5.8%-439-136.6K-930.00146.09N/AN/A00115
2025-01-06$140.53$0.0024.3%4.6%20.3%39.5%0.0%10.4%-0.8%-315-133.0K-1000.00178.01N/AN/A00115
2025-01-07$138.67$0.0031.2%6.2%20.6%58.8%0.0%9.9%-5.1%-1.1K-130.6K-970.00196.78N/AN/A00115
2025-01-08$139.38$0.0026.6%5.0%19.7%45.8%0.0%10.0%-1.6%303-136.2K-790.00179.21N/AN/A00115
2025-01-10$137.47$0.0013.3%7.9%20.0%8.9%0.0%24.7%-8.4%-2.3K-128.1K-970.00191.32N/AN/A00115
2025-01-13$137.09$0.0014.2%5.8%19.5%11.3%0.0%2.8%-4.5%-2.9K-124.7K-890.00177.96N/AN/A00115
2025-01-14$138.56$0.0043.7%4.5%20.1%93.6%0.0%7.6%-2.9%-847-126.2K-910.00180.14N/AN/A00115
2025-01-15$141.36$0.0017.4%5.0%21.6%20.1%0.0%2.5%-2.9%-326-136.7K-830.00176.77N/AN/A00115
2025-01-16$142.67$0.0013.4%3.8%21.7%8.9%0.0%3.1%29.1%-22-139.7K-780.00172.83N/AN/A00115
2025-01-17$143.87$0.0016.6%4.8%21.6%18.1%0.0%3.6%-1.4%491-140.5K-760.00166.97N/AN/A00115
2025-01-21$145.67$0.0014.1%4.0%16.2%11.0%0.0%3.3%1.3%1.1K-17.9K-690.00163.93N/AN/A0021
2025-01-22$146.38$0.0016.2%4.6%16.2%16.9%14.2%-0.5%-1.1%1.0K-18.1K-700.00159.27N/AN/A0121
2025-01-23$146.75$143.0014.5%4.2%15.6%12.1%0.0%4.2%0.6%411-14.9K-790.00159.48N/AN/A1022
2025-01-24$146.61$143.0016.6%4.8%15.6%18.0%0.0%1.7%-1.7%645-22.1K-1200.00167.96N/AN/A1032
2025-01-27$143.00$143.0017.8%5.1%18.1%21.3%0.0%2.7%0.4%1.0K-19.8K-1660.00173.75N/AN/A0042
2025-01-28$145.14$143.0019.3%5.5%18.8%25.3%0.0%2.2%-4.2%1.3K-25.4K-1620.00173.10N/AN/A0042
2025-01-29$145.00$143.0019.3%5.5%17.7%25.4%0.0%2.4%-3.4%1.2K-25.5K-1620.00170.62N/AN/A0042
2025-01-30$146.10$143.0018.7%5.4%17.6%23.7%0.0%2.1%-2.8%1.4K-27.7K-1590.00170.61N/AN/A0042
2025-01-31$145.59$143.0018.2%5.2%17.3%22.5%0.0%2.8%-3.3%1.4K-26.6K-1580.00169.86N/AN/A1042