FTC Options History — October 2025

In October 2025, FTC traded between $157.99 and $164.71. ATM implied volatility averaged 21.6%, placing in the 8.2% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded above realized volatility by 7.3% (HV 20d: 14.4%). Max pain ranged from $143.00 to $156.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 5 of 23 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-10-16: Highest Volume — 247 contracts
  • 2025-10-15: Largest IV drop — 50.9% change
  • 2025-10-14: Highest IV Rank — 22.9%
  • 2025-10-08: Largest Expected Move — 6.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$161.40$157.99$164.71$160.37$163.72
Max Pain$152.75$143.00$156.00$143.00$156.00
ATM IV21.6%13.9%41.4%17.9%18.0%
Expected Move5.5%4.0%6.7%5.1%5.2%
HV 20d14.4%9.4%18.5%10.2%18.5%
HV 60d13.1%11.6%14.6%11.8%13.6%
IV Rank8.2%2.5%22.9%5.4%5.5%
IV Percentile50.0%4.0%92.9%30.6%29.8%
Term Structure-1.3%-9.7%9.3%0.5%2.0%
VWIV18.5%18.5%18.5%18.5%18.5%
Skew 25d2.7%-7.5%12.7%-7.5%3.3%
Skew 10d5.1%-3.5%14.2%7.3%5.1%
Call IV 25d16.5%10.0%24.9%24.1%14.3%
Put IV 25d19.2%14.4%27.3%16.6%17.6%
Bid-Ask Spread %173.26136.06188.14139.48175.36
Gamma HHI0.860.780.910.890.83
Net GEX57.6K43.6K100.0K71.0K45.6K
Net DEX-1.8M-2.0M-1.5M-1.8M-1.7M
Net VEX-2.5K-5.2K-365-880-4.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume10.826024701
Total OI133.957131140131137

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-10-01$160.37$143.0017.9%5.1%10.2%5.4%0.0%-7.5%0.5%71.0K-1.8M-8800.00139.48N/AN/A001283
2025-10-02$161.13$143.0018.4%5.3%9.7%5.8%0.0%3.4%-0.3%64.3K-1.9M-7750.00139.24N/AN/A001283
2025-10-03$160.84$143.0019.1%5.5%9.7%6.3%0.0%2.4%-1.7%65.5K-1.9M-7530.00136.06N/AN/A001283
2025-10-06$161.59$0.0021.4%4.8%9.4%8.0%0.0%2.9%-1.0%57.0K-1.9M-6380.00172.48N/AN/A001283
2025-10-07$160.71$0.0022.6%5.0%9.5%8.9%0.0%-0.2%-2.9%66.7K-1.9M-6650.00185.20N/AN/A001283
2025-10-08$162.79$0.0023.5%6.7%10.4%9.6%0.0%5.1%-7.2%48.6K-1.9M-5380.00179.74N/AN/A001283
2025-10-09$162.54$0.0024.9%5.2%9.9%10.6%0.0%4.1%-1.3%46.3K-2.0M-5070.00172.03N/AN/A001283
2025-10-10$157.99$0.0027.5%6.2%14.1%12.5%0.0%-3.5%-0.6%100.0K-1.7M-8470.00167.62N/AN/A001283
2025-10-13$160.24$0.0035.8%5.5%15.0%18.7%0.0%0.3%-2.4%72.7K-1.8M-5410.00182.61N/AN/A001283
2025-10-14$159.80$0.0041.4%6.0%14.9%22.9%0.0%6.2%-3.7%78.1K-1.8M-4920.00172.22N/AN/A001283
2025-10-15$161.46$0.0020.3%5.8%15.3%7.2%0.0%2.7%-3.7%58.4K-1.9M-3650.00183.15N/AN/A001283
2025-10-16$159.51$0.0020.8%6.0%15.5%7.6%0.0%0.2%-0.2%81.6K-1.8M-3760.00182.55N/AN/A24701283
2025-10-17$159.38$0.0021.2%6.1%15.5%7.9%0.0%6.8%-1.9%50.8K-1.6M-5.1K0.00180.85N/AN/A001373
2025-10-20$161.24$0.0016.3%4.7%16.0%4.2%18.5%0.1%-3.8%50.3K-1.7M-4.7K0.00188.14N/AN/A011360
2025-10-21$161.00$156.0019.1%5.5%15.8%6.3%0.0%1.6%-2.1%47.4K-1.6M-4.9K0.00178.39N/AN/A001361
2025-10-22$158.78$156.0021.0%6.0%16.3%7.7%0.0%7.4%9.3%47.4K-1.5M-5.2K0.00181.16N/AN/A001361
2025-10-23$161.15$156.0020.3%5.8%16.9%7.2%0.0%5.3%7.2%44.0K-1.6M-5.2K0.00185.72N/AN/A001361
2025-10-24$163.37$156.0020.3%5.8%17.4%7.2%0.0%-4.9%-9.7%43.9K-1.7M-4.6K0.00179.24N/AN/A001361
2025-10-27$164.71$156.0013.9%4.0%17.5%2.5%0.0%5.8%2.8%43.6K-1.8M-4.0K0.00170.76N/AN/A001361
2025-10-28$163.95$156.0017.5%5.0%17.5%5.2%0.0%3.9%-2.8%44.9K-1.7M-4.5K0.00176.58N/AN/A001361
2025-10-29$163.99$156.0017.9%5.1%17.5%5.4%0.0%3.8%-3.5%47.9K-1.8M-4.3K0.00180.18N/AN/A001361
2025-10-30$161.88$156.0018.7%5.4%18.1%6.0%0.0%12.7%-3.3%49.3K-1.7M-4.4K0.00176.33N/AN/A001361
2025-10-31$163.72$156.0018.0%5.2%18.5%5.5%0.0%3.3%2.0%45.6K-1.7M-4.4K0.00175.36N/AN/A101361