FTC Options History — January 2026

In January 2026, FTC traded between $162.02 and $166.12. ATM implied volatility averaged 20.1%, placing in the 5.9% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 4.1% (HV 20d: 15.9%). Max pain ranged from $144.00 to $144.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 6 of 20 days.

Notable Days

  • 2026-01-14: Largest IV drop — 70.8% change
  • 2026-01-13: Highest IV Rank — 19.6%
  • 2026-01-21: Largest Expected Move — 5.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$164.54$162.02$166.12$162.02$162.03
Max Pain$144.00$144.00$144.00$144.00$144.00
ATM IV20.1%11.5%39.2%18.9%19.0%
Expected Move4.6%3.3%5.6%5.4%5.4%
HV 20d15.9%14.1%18.3%16.4%15.5%
HV 60d19.1%18.6%20.0%19.8%18.8%
IV Rank5.9%0.0%19.6%4.2%5.6%
IV Percentile35.8%0.0%90.9%32.9%33.3%
Term Structure-0.5%-3.4%5.3%-2.0%-3.2%
Skew 25d1.2%-0.3%5.6%2.6%0.7%
Skew 10d2.9%-0.4%10.4%7.6%2.5%
Call IV 25d18.5%10.4%25.2%25.2%22.7%
Put IV 25d19.7%15.9%27.8%27.8%23.4%
Bid-Ask Spread %142.63134.05172.41156.52134.05
Gamma HHI0.850.800.900.810.90
Net GEX55.4K50.7K62.3K62.3K61.2K
Net DEX-1.9M-2.0M-1.7M-1.8M-1.7M
Net VEX-2.7K-3.4K-2.3K-3.4K-2.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI137.4133141141133

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$162.02$144.0018.9%5.4%16.4%4.2%0.0%2.6%-2.0%62.3K-1.8M-3.4K0.00156.52N/AN/A001392
2026-01-05$164.24$0.0021.1%5.0%17.0%5.9%0.0%5.6%-0.2%55.5K-1.8M-3.2K0.00168.41N/AN/A001392
2026-01-06$166.12$0.0021.9%4.1%17.4%6.5%0.0%5.4%-1.4%50.7K-2.0M-2.3K0.00169.68N/AN/A001392
2026-01-07$164.85$0.0023.2%4.8%17.7%7.5%0.0%3.4%-0.5%55.5K-1.9M-2.8K0.00172.41N/AN/A001392
2026-01-08$162.94$0.0024.9%5.1%18.3%8.8%0.0%0.2%-2.1%61.5K-1.8M-3.1K0.00138.55N/AN/A001392
2026-01-09$164.52$0.0026.3%4.9%18.0%9.8%0.0%0.2%1.1%56.2K-1.9M-2.8K0.00137.77N/AN/A001392
2026-01-12$165.19$0.0034.7%4.2%18.0%16.2%0.0%-0.1%-1.8%54.7K-1.9M-2.8K0.00137.03N/AN/A001392
2026-01-13$165.38$0.0039.2%4.3%15.8%19.6%0.0%-0.3%-3.4%54.3K-2.0M-2.5K0.00136.74N/AN/A001392
2026-01-14$164.16$0.0011.5%3.3%16.0%0.0%0.0%0.2%5.3%58.3K-1.9M-2.7K0.00137.59N/AN/A001392
2026-01-15$165.74$0.0014.9%4.3%16.2%2.6%0.0%0.1%0.8%53.1K-2.0M-2.5K0.00135.88N/AN/A001392
2026-01-16$165.75$0.0015.2%4.4%14.1%2.8%0.0%0.2%-1.7%53.6K-2.0M-2.5K0.00134.91N/AN/A001392
2026-01-20$162.70$0.0016.7%4.8%15.3%3.9%0.0%0.3%-2.5%60.1K-1.8M-2.9K0.00138.05N/AN/A001330
2026-01-21$164.95$0.0019.6%5.6%14.7%6.1%0.0%0.3%-2.2%52.7K-1.8M-2.7K0.00136.43N/AN/A001330
2026-01-22$165.34$0.0016.6%4.8%14.5%3.9%0.0%0.3%-1.7%51.9K-1.9M-2.4K0.00137.27N/AN/A001330
2026-01-23$164.13$0.0016.7%4.8%14.7%3.9%0.0%0.3%-2.6%56.0K-1.8M-2.6K0.00135.43N/AN/A001330
2026-01-26$165.05$0.0013.9%4.0%14.8%1.8%0.0%0.3%3.9%52.9K-1.9M-2.3K0.00138.04N/AN/A001330
2026-01-27$165.77$0.0014.1%4.0%14.8%2.0%0.0%2.4%4.0%50.9K-1.9M-2.3K0.00136.19N/AN/A001330
2026-01-28$165.57$0.0014.3%4.1%14.7%2.1%0.0%1.4%1.2%51.5K-1.9M-2.3K0.00136.96N/AN/A001330
2026-01-29$164.44$0.0018.6%5.3%14.9%5.3%0.0%0.3%-1.3%54.9K-1.8M-2.5K0.00134.65N/AN/A001330
2026-01-30$162.03$0.0019.0%5.4%15.5%5.6%0.0%0.7%-3.2%61.2K-1.7M-2.9K0.00134.05N/AN/A001330