FTLS Options History — February 2024

In February 2024, FTLS traded between $58.18 and $60.27. ATM implied volatility averaged 20.6%, placing in the 22.7% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 10.3% (HV 20d: 10.3%). Max pain ranged from $52.00 to $56.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days.

Notable Days

  • 2024-02-07: Largest IV drop — 44.3% change
  • 2024-02-06: Highest IV Rank — 47.9%
  • 2024-02-26: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$59.36$58.18$60.27$58.18$60.27
Max Pain$52.20$52.00$56.00$52.00$56.00
ATM IV20.6%16.0%30.2%23.6%22.8%
Expected Move5.4%4.2%6.6%4.8%6.5%
HV 20d10.3%8.6%12.5%8.6%10.3%
HV 60d7.6%7.0%8.3%7.0%8.3%
IV Rank22.7%10.7%47.9%30.7%28.6%
IV Percentile44.0%8.5%95.1%71.1%66.9%
Term Structure-4.0%-7.8%7.4%-3.8%-6.0%
Skew 25d-0.4%-3.4%1.1%-3.4%0.1%
Skew 10d-4.1%-19.3%2.4%0.8%-19.3%
Call IV 25d22.8%14.0%29.5%18.2%29.5%
Put IV 25d22.4%12.2%29.5%14.8%29.5%
Bid-Ask Spread %145.01143.74147.50144.66144.14
Gamma HHI1.000.991.001.001.00
Net GEX11.8K9.1K18.6K18.6K9.1K
Net DEX-266.9K-287.6K-243.1K-250.0K-281.5K
Net VEX-205-294-107-282-107
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI52.9552535352

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$58.18$52.0023.6%4.8%8.6%30.7%0.0%-3.4%-3.8%18.6K-250.0K-2820.00144.66N/AN/A00530
2024-02-02$58.58$52.0022.2%4.2%8.7%27.1%0.0%-1.8%-2.4%13.8K-253.2K-2810.00144.74N/AN/A00530
2024-02-05$58.70$52.0021.7%4.6%8.7%25.7%0.0%-1.9%-3.1%13.2K-250.7K-2750.00146.41N/AN/A00530
2024-02-06$58.52$52.0030.2%4.8%8.6%47.9%0.0%0.6%-4.5%13.5K-243.1K-2940.00147.50N/AN/A00530
2024-02-07$59.01$52.0016.8%4.8%8.9%12.8%0.0%0.4%-3.9%12.4K-258.4K-2470.00145.00N/AN/A00530
2024-02-08$59.38$52.0018.4%5.3%9.0%17.1%0.0%0.7%-6.1%11.4K-265.1K-2440.00143.79N/AN/A00530
2024-02-09$59.76$52.0016.0%4.6%9.0%10.7%0.0%0.6%-3.7%10.3K-275.3K-2180.00143.99N/AN/A00530
2024-02-12$59.45$52.0019.7%5.6%9.4%20.4%0.0%0.2%-7.4%11.3K-268.1K-2110.00146.09N/AN/A00530
2024-02-13$58.89$52.0018.0%5.2%10.2%16.0%0.0%-2.4%-5.8%12.9K-255.3K-2480.00145.57N/AN/A00530
2024-02-14$59.39$52.0017.8%5.1%10.4%15.4%0.0%1.1%-3.3%11.5K-266.8K-2050.00144.98N/AN/A00530
2024-02-15$59.59$52.0017.8%5.1%10.4%15.4%0.0%1.1%7.4%10.9K-272.0K-2020.00144.52N/AN/A00530
2024-02-16$59.25$52.0020.6%5.9%10.6%22.7%0.0%0.5%1.0%12.0K-263.9K-2180.00145.45N/AN/A00530
2024-02-20$58.85$52.0019.5%5.6%10.9%19.8%0.0%-2.8%-4.9%13.4K-255.4K-2030.00145.21N/AN/A00530
2024-02-21$58.86$52.0020.1%5.8%10.8%21.5%0.0%-3.0%-5.4%13.3K-255.0K-2000.00145.42N/AN/A00530
2024-02-22$59.92$52.0019.4%5.5%12.4%19.5%0.0%1.0%-4.2%10.0K-281.3K-1440.00145.10N/AN/A00530
2024-02-23$60.23$52.0019.7%5.6%12.5%20.4%0.0%0.5%-3.3%9.1K-287.6K-1410.00144.76N/AN/A00530
2024-02-26$60.22$52.0022.9%6.6%12.4%28.9%0.0%0.5%-7.8%9.3K-285.7K-1320.00143.74N/AN/A00530
2024-02-27$60.20$52.0022.2%6.4%12.3%26.9%0.0%-0.0%-6.1%9.3K-286.4K-1280.00144.49N/AN/A00530
2024-02-28$60.01$52.0022.2%6.4%12.3%27.0%0.0%0.4%-7.1%9.9K-282.6K-1250.00144.58N/AN/A00530
2024-02-29$60.27$56.0022.8%6.5%10.3%28.6%0.0%0.1%-6.0%9.1K-281.5K-1070.00144.14N/AN/A00520