FTLS Options History — November 2023

In November 2023, FTLS traded between $53.58 and $55.36. ATM implied volatility averaged 19.4%. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 10.1% (HV 20d: 9.3%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days.

Notable Days

  • 2023-11-08: Largest IV drop — 56.9% change
  • 2023-11-01: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.72$53.58$55.36$53.58$55.10
ATM IV19.4%11.9%29.9%26.6%18.5%
Expected Move5.0%3.4%7.6%7.6%5.3%
HV 20d9.3%6.9%10.1%9.9%6.9%
HV 60d8.6%8.3%8.8%8.3%8.6%
Term Structure-3.5%-14.2%15.0%-6.8%-8.9%
Skew 25d2.1%-0.4%12.3%0.2%-0.1%
Skew 10d3.5%-8.2%18.7%-8.2%1.0%
Call IV 25d16.6%7.0%32.4%32.4%32.1%
Put IV 25d18.7%12.1%32.6%32.6%32.0%
Bid-Ask Spread %153.42140.96170.13147.79145.85
Gamma HHI0.980.970.990.970.99
Net GEX21.6K11.6K28.6K17.8K26.3K
Net DEX-142.1K-165.0K-103.0K-103.0K-149.3K
Net VEX-657-693-624-640-624
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI5353535353

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$53.58$0.0026.6%7.6%9.9%0.0%0.0%0.2%-6.8%17.8K-103.0K-6400.00147.79N/AN/A00530
2023-11-02$53.94$0.0026.0%5.2%10.1%0.0%0.0%1.7%-2.9%11.6K-129.8K-6930.00170.13N/AN/A00530
2023-11-03$54.05$0.0026.3%5.1%9.9%0.0%0.0%3.0%-2.6%11.8K-131.9K-6890.00169.41N/AN/A00530
2023-11-06$54.06$0.0029.4%5.2%9.9%0.0%0.0%1.4%-2.8%20.3K-115.4K-6560.00169.52N/AN/A00530
2023-11-07$54.28$0.0029.9%5.1%9.9%0.0%0.0%3.4%-4.0%12.4K-135.8K-6760.00167.30N/AN/A00530
2023-11-08$54.29$0.0012.9%3.7%9.8%0.0%0.0%1.8%0.5%20.9K-123.9K-6730.00157.60N/AN/A00530
2023-11-09$54.09$0.0018.2%5.2%9.7%0.0%0.0%12.3%-3.3%12.9K-129.5K-6780.00166.73N/AN/A00530
2023-11-10$54.62$0.0011.9%3.4%10.1%0.0%0.0%4.4%-3.1%22.5K-136.0K-6830.00158.61N/AN/A00530
2023-11-13$54.78$0.0015.4%4.4%9.8%0.0%0.0%5.0%-1.8%23.4K-141.6K-6650.00160.53N/AN/A00530
2023-11-14$55.30$0.0017.8%5.1%10.1%0.0%0.0%6.7%-12.9%13.3K-160.8K-6670.00157.56N/AN/A00530
2023-11-15$55.00$0.0015.2%4.4%9.9%0.0%0.0%-0.4%-5.0%24.0K-150.4K-6680.00142.21N/AN/A00530
2023-11-16$54.88$0.0015.1%4.3%9.7%0.0%0.0%3.0%15.0%22.6K-145.0K-6700.00144.35N/AN/A00530
2023-11-17$54.91$0.0013.3%3.8%9.5%0.0%0.0%0.4%14.2%24.5K-145.4K-6470.00142.98N/AN/A00530
2023-11-20$55.18$0.0017.1%4.9%9.5%0.0%0.0%0.7%-6.1%25.8K-157.1K-6430.00147.24N/AN/A00530
2023-11-21$54.99$0.0017.7%5.1%9.5%0.0%0.0%0.3%-1.3%25.2K-147.8K-6560.00149.87N/AN/A00530
2023-11-22$55.23$0.0016.9%4.8%8.7%0.0%0.0%0.5%-4.3%27.0K-159.4K-6360.00142.62N/AN/A00530
2023-11-24$55.14$0.0018.8%5.4%8.1%0.0%0.0%-0.4%-9.3%26.9K-154.0K-6400.00140.96N/AN/A00530
2023-11-27$55.36$0.0015.9%4.6%7.9%0.0%0.0%0.8%-7.1%28.6K-165.0K-6310.00141.81N/AN/A00530
2023-11-28$55.13$0.0020.5%5.9%8.1%0.0%0.0%-0.4%-14.2%27.8K-152.0K-6320.00148.41N/AN/A00530
2023-11-29$55.13$0.0023.6%6.8%8.1%0.0%0.0%-0.1%-6.3%28.4K-151.3K-6310.00150.25N/AN/A00530
2023-11-30$55.10$0.0018.5%5.3%6.9%0.0%0.0%-0.1%-8.9%26.3K-149.3K-6240.00145.85N/AN/A00530