MFC Options History — May 2014

In May 2014, MFC traded between $18.19 and $19.13. ATM implied volatility averaged 18.5%, placing in the 20.2% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded below realized volatility by 0.5% (HV 20d: 19.0%). Max pain ranged from $18.00 to $19.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 1.62.

Notable Days

  • 2014-05-08: Highest Volume — 2,148 contracts
  • 2014-05-07: Largest IV spike — 22.6% change
  • 2014-05-13: Highest IV Rank — 27.5%
  • 2014-05-01: Largest Expected Move — 5.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.63$18.19$19.13$18.92$18.31
Max Pain$18.10$18.00$19.00$19.00$18.00
ATM IV18.5%15.3%20.5%20.0%19.0%
Expected Move5.3%4.8%5.7%5.7%5.4%
HV 20d19.0%17.5%21.1%20.7%17.9%
HV 60d18.4%17.8%19.1%18.8%18.2%
IV Rank20.2%8.7%27.5%25.3%21.8%
IV Percentile20.2%2.8%40.1%29.8%26.2%
Term Structure0.9%-2.0%2.8%-2.0%-0.0%
VWIV18.1%12.8%26.7%13.5%16.7%
Skew 25d3.5%-2.4%6.8%-2.4%3.0%
Skew 10d5.3%0.0%12.4%1.4%4.5%
Call IV 25d16.6%14.3%18.9%16.9%16.5%
Put IV 25d20.2%14.6%23.2%14.6%19.5%
Bid-Ask Spread %54.3830.9497.0897.0830.94
Gamma HHI0.280.260.320.270.28
Net GEX156.0K111.2K230.1K111.2K143.5K
Net DEX-2.6M-4.0M-1.2M-2.8M-2.0M
Net VEX-60.9K-67.3K-49.2K-49.2K-62.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.620.0012.605.720.00
Total Volume293.1962,14826952
Total OI15,803.33312,87416,94912,87416,780

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-05-01$18.92$19.0020.0%5.7%20.7%25.3%13.5%-2.4%-2.0%111.2K-2.8M-49.2K5.7297.08N/AN/A402296,7736,101
2014-05-02$19.13$19.0018.4%5.3%21.1%19.6%12.8%1.9%-0.3%111.3K-3.3M-50.1K0.1089.12N/AN/A429446,7666,290
2014-05-05$19.06$18.0018.9%5.4%21.0%21.7%20.2%5.0%1.5%119.3K-3.3M-50.0K0.0490.74N/AN/A1,116507,0006,333
2014-05-06$18.71$18.0015.3%5.3%20.6%8.7%26.7%5.4%1.8%140.9K-3.2M-54.8K0.7090.35N/AN/A100708,0376,374
2014-05-07$18.91$18.0018.8%5.3%21.0%21.2%17.3%3.8%1.7%150.1K-3.5M-55.4K0.0488.45N/AN/A357158,0836,384
2014-05-08$19.08$18.0019.7%5.3%20.8%24.5%19.6%5.6%1.3%182.5K-4.0M-55.6K0.9088.67N/AN/A1,1311,0178,1506,399
2014-05-09$18.63$18.0018.2%5.1%18.7%18.9%20.8%3.8%2.8%179.5K-2.9M-67.3K0.0944.42N/AN/A169169,1307,411
2014-05-12$18.84$18.0018.4%5.1%18.7%19.6%0.0%4.6%2.1%230.1K-3.6M-66.9K0.0046.56N/AN/A0569,2827,400
2014-05-13$18.82$18.0020.5%5.2%18.5%27.5%17.7%3.8%2.0%219.2K-3.6M-66.6K0.0045.96N/AN/A1909,2827,432
2014-05-14$18.68$18.0019.8%5.1%18.7%24.8%20.7%2.3%2.3%204.4K-3.2M-65.5K2.2846.80N/AN/A43989,2867,432
2014-05-15$18.45$18.0019.3%5.5%18.9%22.9%17.3%5.6%1.6%150.2K-1.9M-64.7K2.7436.09N/AN/A872389,2777,451
2014-05-16$18.31$18.0019.0%5.5%18.3%22.0%19.2%5.6%1.4%115.6K-1.5M-64.3K0.3634.42N/AN/A28109,2817,668
2014-05-19$18.34$18.0018.5%5.3%18.2%20.0%18.7%6.8%0.6%137.6K-1.4M-64.1K3.5337.49N/AN/A19678,9027,376
2014-05-20$18.19$18.0018.3%5.2%17.7%19.4%16.6%-0.6%0.5%119.1K-1.2M-62.2K0.8244.04N/AN/A76628,8857,442
2014-05-21$18.46$18.0018.1%5.2%18.4%18.6%18.4%1.5%0.1%148.0K-1.9M-63.5K0.0040.07N/AN/A16608,9437,476
2014-05-22$18.38$18.0018.0%5.2%18.2%18.2%14.1%3.8%0.3%148.4K-2.0M-63.8K12.6043.71N/AN/A5639,0367,476
2014-05-23$18.44$18.0018.2%5.2%17.5%19.1%0.0%3.7%-0.8%152.3K-2.0M-63.7K0.0039.70N/AN/A609,0417,539
2014-05-27$18.70$18.0016.7%4.8%18.0%13.6%16.7%2.8%-0.0%190.8K-3.3M-63.8K0.8532.78N/AN/A39339,0417,539
2014-05-28$18.38$18.0017.8%5.1%18.3%17.5%0.0%4.2%1.5%164.4K-2.5M-62.4K0.0036.43N/AN/A8609,0807,563
2014-05-29$18.40$18.0018.6%5.3%18.3%20.4%0.0%3.5%0.3%158.2K-1.8M-62.7K0.0038.15N/AN/A01219,1667,563
2014-05-30$18.31$18.0019.0%5.4%17.9%21.8%0.0%3.0%-0.0%143.5K-2.0M-62.3K0.0030.94N/AN/A5209,1667,614