FTC Options History — February 2026

In February 2026, FTC traded between $157.51 and $164.91. ATM implied volatility averaged 19.9%, placing in the 6.3% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 0.7% (HV 20d: 19.2%). Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2026-02-19: Highest Volume — 4 contracts
  • 2026-02-03: Largest IV spike — 25.6% change
  • 2026-02-06: Highest IV Rank — 8.5%
  • 2026-02-24: Largest Expected Move — 6.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$162.72$157.51$164.91$163.31$163.26
ATM IV19.9%16.6%22.9%16.6%19.3%
Expected Move5.6%4.7%6.5%4.7%5.5%
HV 20d19.2%14.6%21.9%15.2%21.9%
HV 60d18.1%17.2%19.4%18.4%17.5%
IV Rank6.3%3.8%8.5%3.8%5.8%
IV Percentile42.4%10.7%67.9%10.7%36.5%
Term Structure-1.5%-5.1%4.0%2.3%-2.8%
Skew 25d1.3%-3.8%8.5%1.5%0.9%
Skew 10d4.3%-6.8%15.3%3.2%15.3%
Call IV 25d20.0%10.0%26.2%23.3%21.4%
Put IV 25d21.3%14.6%28.2%24.8%22.3%
Bid-Ask Spread %168.33134.49182.13138.60180.67
Gamma HHI0.910.880.940.890.93
Net GEX61.8K54.5K76.5K60.0K60.8K
Net DEX-1.8M-1.9M-1.5M-1.8M-1.8M
Net VEX-2.3K-3.1K-1.7K-2.2K-1.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.2110400
Total OI132.368131133133131

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$163.31$0.0016.6%4.7%15.2%3.8%0.0%1.5%2.3%60.0K-1.8M-2.2K0.00138.60N/AN/A001330
2026-02-03$162.00$0.0020.8%6.0%14.6%7.0%0.0%2.1%-4.3%63.3K-1.7M-2.7K0.00137.73N/AN/A001330
2026-02-04$159.75$0.0020.4%5.8%14.6%6.7%0.0%2.0%-2.5%69.1K-1.5M-3.1K0.00134.49N/AN/A001330
2026-02-05$157.51$0.0018.8%5.9%15.1%5.5%0.0%-3.8%0.1%76.5K-1.5M-3.1K0.00172.88N/AN/A001330
2026-02-06$162.95$0.0022.9%5.7%19.4%8.5%0.0%1.7%-3.0%61.4K-1.8M-2.4K0.00163.21N/AN/A001330
2026-02-09$164.91$0.0021.5%5.3%19.6%7.5%0.0%8.5%-1.2%54.7K-1.9M-2.2K0.00163.91N/AN/A001330
2026-02-10$164.35$0.0022.1%5.5%19.6%7.9%0.0%2.2%-0.8%56.6K-1.9M-2.1K0.00168.61N/AN/A001330
2026-02-11$163.72$0.0018.6%5.3%19.6%5.3%0.0%1.9%-1.7%59.0K-1.9M-2.1K0.00177.25N/AN/A001330
2026-02-12$161.07$0.0021.3%6.1%20.3%7.3%0.0%-0.4%-2.9%67.7K-1.7M-2.5K0.00178.03N/AN/A001330
2026-02-13$161.98$0.0020.9%6.0%20.0%7.0%0.0%0.7%-2.4%65.4K-1.7M-2.5K0.00176.41N/AN/A001330
2026-02-17$162.95$0.0021.3%6.1%20.2%7.3%0.0%1.4%-1.8%63.0K-1.9M-2.0K0.00165.07N/AN/A001330
2026-02-18$163.71$0.0018.1%5.2%19.1%4.9%0.0%1.5%1.1%59.3K-1.8M-2.2K0.00177.75N/AN/A001330
2026-02-19$161.39$0.0019.3%5.5%19.1%5.8%0.0%-0.4%-5.1%66.2K-1.7M-2.4K0.00176.15N/AN/A401330
2026-02-20$164.41$0.0017.5%5.0%20.3%4.5%0.0%2.3%-1.4%55.7K-1.8M-2.0K0.00170.43N/AN/A001310
2026-02-23$161.42$0.0019.6%5.6%21.2%6.1%0.0%0.7%-3.1%67.1K-1.7M-2.3K0.00182.13N/AN/A001310
2026-02-24$163.46$0.0022.7%6.5%21.6%8.4%0.0%1.0%-4.8%59.6K-1.8M-1.9K0.00181.14N/AN/A001310
2026-02-25$164.72$0.0018.8%5.4%21.7%5.5%0.0%-0.4%2.1%55.0K-1.8M-1.9K0.00175.00N/AN/A001310
2026-02-26$164.84$0.0018.6%5.3%21.7%5.3%0.0%1.7%4.0%54.5K-1.9M-1.7K0.00178.87N/AN/A001310
2026-02-27$163.26$0.0019.3%5.5%21.9%5.8%0.0%0.9%-2.8%60.8K-1.8M-1.9K0.00180.67N/AN/A001310