FTC Options History — November 2025

In November 2025, FTC traded between $150.24 and $163.43. ATM implied volatility averaged 20.8%, placing in the 7.3% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded below realized volatility by 0.6% (HV 20d: 21.4%). Max pain ranged from $156.00 to $156.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-11-11: Highest Volume — 1 contracts
  • 2025-11-06: Largest IV spike — 22.9% change
  • 2025-11-06: Highest IV Rank — 10.9%
  • 2025-11-21: Largest Expected Move — 6.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$157.76$150.24$163.43$163.43$159.64
Max Pain$156.00$156.00$156.00$156.00$156.00
ATM IV20.8%17.4%25.2%19.3%18.5%
Expected Move5.7%5.0%6.7%5.5%5.3%
HV 20d21.4%17.7%25.1%18.5%24.8%
HV 60d16.3%13.6%18.4%13.6%18.3%
IV Rank7.3%3.9%10.9%6.5%4.5%
IV Percentile52.2%23.4%79.8%41.7%31.0%
Term Structure-1.2%-5.0%3.9%-2.9%-0.7%
Skew 25d1.2%-8.8%4.9%4.9%1.7%
Skew 10d0.8%-14.0%14.0%3.6%-1.7%
Call IV 25d20.6%15.0%24.6%17.8%24.0%
Put IV 25d21.8%15.0%26.8%22.7%25.7%
Bid-Ask Spread %165.04154.56185.78178.37172.63
Gamma HHI0.800.780.820.810.81
Net GEX55.4K48.1K62.5K49.3K56.4K
Net DEX-1.5M-1.7M-1.2M-1.7M-1.5M
Net VEX-4.8K-5.1K-4.3K-4.5K-4.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.1580100
Total OI139.105138140138140

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$163.43$156.0019.3%5.5%18.5%6.5%0.0%4.9%-2.9%49.3K-1.7M-4.5K0.00178.37N/AN/A001371
2025-11-04$160.13$156.0017.4%5.0%19.9%5.0%0.0%1.7%3.0%52.2K-1.6M-4.7K0.00185.78N/AN/A001371
2025-11-05$161.64$156.0020.5%5.9%19.6%7.4%0.0%2.3%0.1%48.3K-1.6M-4.7K0.00170.36N/AN/A001371
2025-11-06$159.08$0.0025.2%5.4%20.4%10.9%0.0%-1.6%-3.0%52.7K-1.6M-4.7K0.00159.70N/AN/A001371
2025-11-07$159.67$0.0022.6%5.4%17.7%8.9%0.0%1.6%-0.3%50.9K-1.6M-4.8K0.00155.19N/AN/A001371
2025-11-10$163.22$0.0021.2%5.2%18.7%7.9%0.0%1.3%-2.2%48.1K-1.7M-4.3K0.00169.58N/AN/A001371
2025-11-11$161.75$0.0022.4%5.2%19.0%8.8%0.0%2.0%0.7%50.2K-1.7M-4.5K0.00167.56N/AN/A101371
2025-11-12$162.15$0.0019.2%5.5%18.6%6.4%0.0%2.2%-2.0%50.7K-1.7M-4.4K0.00169.13N/AN/A001381
2025-11-13$156.78$0.0020.4%5.8%21.8%7.3%0.0%-0.4%0.7%55.6K-1.5M-4.7K0.00165.42N/AN/A011381
2025-11-14$156.56$0.0021.9%6.3%21.8%8.4%0.0%4.2%-3.2%53.2K-1.4M-4.9K0.00159.90N/AN/A001382
2025-11-17$153.59$0.0020.5%5.9%22.2%7.4%0.0%1.9%-5.0%62.5K-1.3M-5.0K0.00156.46N/AN/A001382
2025-11-18$153.62$0.0022.3%6.4%22.2%8.7%0.0%2.4%0.0%60.7K-1.3M-5.0K0.00155.22N/AN/A001382
2025-11-19$154.50$0.0023.0%6.6%22.0%9.2%0.0%1.8%-4.6%59.5K-1.3M-5.0K0.00163.72N/AN/A001382
2025-11-20$150.24$0.0021.5%6.2%23.0%8.1%0.0%-8.8%-4.6%60.1K-1.2M-5.0K0.00154.56N/AN/A001382
2025-11-21$151.54$0.0023.4%6.7%22.6%9.5%0.0%2.1%-3.5%62.1K-1.2M-5.1K0.00154.87N/AN/A001382
2025-11-24$154.59$0.0019.6%5.6%23.7%5.3%0.0%0.6%3.9%59.2K-1.3M-5.0K0.00164.78N/AN/A011381
2025-11-25$156.48$0.0017.7%5.1%24.4%3.9%0.0%3.2%-1.0%60.1K-1.4M-4.9K0.00156.08N/AN/A001382
2025-11-26$158.74$0.0018.2%5.2%25.1%4.2%0.0%-0.2%1.2%60.3K-1.5M-4.6K0.00176.53N/AN/A001382
2025-11-28$159.64$0.0018.5%5.3%24.8%4.5%0.0%1.7%-0.7%56.4K-1.5M-4.5K0.00172.63N/AN/A001382