FTC Options History — February 2025

In February 2025, FTC traded between $139.16 and $148.81. ATM implied volatility averaged 19.9%, placing in the 26.7% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 4.6% (HV 20d: 15.4%). Max pain ranged from $143.00 to $143.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-02-25: Highest Volume — 2 contracts
  • 2025-02-28: Largest IV spike — 80.6% change
  • 2025-02-28: Highest IV Rank — 75.8%
  • 2025-02-28: Largest Expected Move — 10.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$145.13$139.16$148.81$145.05$140.27
Max Pain$143.00$143.00$143.00$143.00$143.00
ATM IV19.9%14.0%37.4%20.4%37.4%
Expected Move5.3%4.0%10.7%5.8%10.7%
HV 20d15.4%13.2%17.5%17.5%15.5%
HV 60d17.0%16.3%18.2%18.2%17.7%
IV Rank26.7%9.6%75.8%28.6%75.8%
IV Percentile54.6%7.1%97.2%68.3%97.2%
Term Structure-2.7%-12.7%2.3%-4.7%-12.7%
Skew 25d1.5%-7.6%3.6%2.2%-7.6%
Skew 10d3.8%-10.9%11.3%8.5%-10.9%
Call IV 25d19.0%15.3%31.9%21.5%31.9%
Put IV 25d20.5%17.9%24.3%23.7%24.3%
Bid-Ask Spread %173.15166.26181.62171.21181.62
Gamma HHI0.250.230.290.230.29
Net GEX1.9K1.6K2.8K1.6K2.2K
Net DEX-37.3K-46.6K-25.8K-35.7K-26.1K
Net VEX-170-190-155-190-159
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.1050200
Total OI6.7376776

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$145.05$143.0020.4%5.8%17.5%28.6%0.0%2.2%-4.7%1.6K-35.7K-1900.00171.21N/AN/A0052
2025-02-04$145.62$143.0021.0%6.0%16.8%30.3%0.0%2.0%-3.0%1.6K-36.8K-1870.00172.07N/AN/A0052
2025-02-05$146.81$143.0019.7%5.7%17.0%26.7%0.0%3.6%-3.0%1.6K-40.8K-1820.00167.67N/AN/A0052
2025-02-06$147.28$0.0020.5%4.6%15.9%29.0%0.0%2.6%-1.5%1.7K-41.8K-1820.00171.19N/AN/A0052
2025-02-07$147.24$0.0021.3%4.3%16.0%31.0%0.0%2.7%-1.7%1.8K-41.9K-1790.00174.40N/AN/A0052
2025-02-10$148.01$0.0022.4%4.3%14.7%34.2%0.0%0.2%-0.5%1.6K-43.1K-1770.00170.51N/AN/A0052
2025-02-11$146.78$0.0023.2%4.7%15.2%35.5%0.0%2.6%-1.7%1.7K-40.7K-1750.00175.41N/AN/A0052
2025-02-12$146.25$0.0017.2%4.9%15.1%18.6%0.0%1.9%-1.9%1.6K-39.1K-1770.00179.19N/AN/A0052
2025-02-13$148.00$0.0014.0%4.0%14.1%9.6%0.0%2.3%2.3%1.8K-44.2K-1680.00173.10N/AN/A0052
2025-02-14$148.47$0.0015.5%4.4%13.9%13.8%0.0%2.1%-2.4%1.9K-45.6K-1660.00170.69N/AN/A0052
2025-02-18$148.81$0.0016.8%4.8%13.7%17.4%0.0%2.9%-2.3%1.9K-46.6K-1620.00171.86N/AN/A0052
2025-02-19$148.41$0.0016.2%4.6%13.2%15.8%0.0%2.3%-1.9%2.0K-45.8K-1600.00174.02N/AN/A0052
2025-02-20$146.08$0.0015.3%4.4%14.3%13.2%0.0%3.1%0.4%1.7K-38.9K-1660.00179.28N/AN/A0052
2025-02-21$142.31$0.0017.6%5.1%17.0%19.9%0.0%1.3%-2.5%1.8K-25.8K-1600.00176.53N/AN/A0052
2025-02-24$141.56$0.0017.8%5.1%17.1%20.3%0.0%-0.2%-1.0%2.8K-30.6K-1570.00175.58N/AN/A0051
2025-02-25$139.93$0.0020.5%5.9%15.2%28.0%0.0%0.4%-4.3%2.5K-26.6K-1550.00167.35N/AN/A2051
2025-02-26$141.36$0.0021.5%6.2%14.6%30.8%0.0%3.3%-3.8%2.7K-32.2K-1640.00171.94N/AN/A0051
2025-02-27$139.16$0.0020.7%5.9%15.5%28.6%0.0%0.9%-4.7%2.4K-26.5K-1570.00166.26N/AN/A0051
2025-02-28$140.27$0.0037.4%10.7%15.5%75.8%0.0%-7.6%-12.7%2.2K-26.1K-1590.00181.62N/AN/A0051