MFC Options History — February 2018

In February 2018, MFC traded between $19.08 and $21.08. ATM implied volatility averaged 31.3%, placing in the 18.9% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 13.4% (HV 20d: 18.0%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.54.

Notable Days

  • 2018-02-02: Highest Volume — 1,228 contracts
  • 2018-02-06: Largest IV spike — 476.5% change
  • 2018-02-05: Highest IV Rank — 100.0%
  • 2018-02-09: Largest Expected Move — 8.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.77$19.08$21.08$21.08$19.08
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV31.3%20.2%181.4%20.2%21.9%
Expected Move6.6%5.8%8.1%6.2%6.3%
HV 20d18.0%13.9%19.4%13.9%19.4%
HV 60d14.8%13.8%17.4%14.9%15.0%
IV Rank18.9%3.5%100.0%34.3%4.4%
IV Percentile72.0%43.3%100.0%43.3%67.9%
Term Structure-0.3%-2.9%6.7%-1.2%-1.5%
VWIV29.7%22.4%40.1%26.3%25.2%
Skew 25d4.6%1.3%11.2%1.3%4.0%
Skew 10d8.7%-3.0%16.8%11.1%-3.0%
Call IV 25d21.5%16.8%26.7%20.9%22.0%
Put IV 25d26.1%20.4%34.2%22.1%26.0%
Bid-Ask Spread %99.6961.84130.3896.69108.95
Gamma HHI0.210.190.250.250.19
Net GEX101.1K54.3K192.5K192.5K54.3K
Net DEX-506.5K-2.3M255.9K-2.3M255.9K
Net VEX-13.7K-16.8K-10.3K-15.9K-10.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.340.660.630.59
Total Volume950.4746221,2281,091622
Total OI5,588.3685,1745,9335,1745,629

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-02-01$21.08$20.0020.2%6.2%13.9%34.3%26.3%1.3%-1.2%192.5K-2.3M-15.9K0.6396.69N/AN/A6684233,7931,381
2018-02-02$20.33$20.0023.2%7.0%16.1%52.6%28.0%3.1%-1.1%137.2K-1.1M-15.4K0.5091.78N/AN/A8214073,8541,401
2018-02-05$19.86$20.0031.5%7.6%17.6%100.0%34.6%4.2%-2.3%109.5K-471.9K-14.2K0.45123.43N/AN/A8303763,9731,451
2018-02-06$20.07$20.00181.4%7.9%18.2%100.0%39.2%3.0%6.7%103.2K-1.1M-16.8K0.62122.80N/AN/A5863623,9881,500
2018-02-07$20.06$20.0025.5%7.3%18.1%6.6%34.3%3.6%-2.9%122.5K-725.5K-14.7K0.61106.43N/AN/A5923634,0441,475
2018-02-08$19.88$20.0024.6%7.1%18.2%6.1%37.3%11.2%1.7%116.5K-728.4K-14.8K0.6697.90N/AN/A5383554,0351,455
2018-02-09$19.95$20.0028.1%8.1%17.3%8.1%40.1%8.7%-0.5%101.6K-600.4K-15.2K0.57120.68N/AN/A6143534,0461,474
2018-02-12$19.68$20.0023.3%6.7%17.2%5.2%25.3%4.1%-0.7%93.0K-50.1K-12.8K0.3470.82N/AN/A8512874,1231,463
2018-02-13$19.61$20.0022.6%6.5%17.1%4.8%27.8%3.7%0.4%93.9K-110.6K-13.6K0.4370.52N/AN/A8503624,3671,435
2018-02-14$19.90$20.0022.1%6.3%18.4%4.5%27.6%3.8%-0.3%103.5K-495.3K-13.9K0.5371.75N/AN/A6923674,3631,441
2018-02-15$19.95$20.0020.8%6.0%18.4%3.8%32.4%3.8%-0.0%116.6K-574.0K-14.3K0.55130.38N/AN/A6923834,3791,512
2018-02-16$19.86$20.0020.4%5.8%18.1%3.5%26.2%3.8%1.6%104.0K-331.7K-14.0K0.5164.22N/AN/A7613884,3791,554
2018-02-20$19.52$20.0022.2%6.4%18.6%4.6%32.7%2.9%-1.3%86.6K-378.3K-12.5K0.42121.72N/AN/A5582364,1211,389
2018-02-21$19.55$20.0020.4%5.8%18.7%3.5%26.4%7.8%0.0%91.6K-513.8K-13.3K0.5261.84N/AN/A4882544,1441,459
2018-02-22$19.27$20.0021.8%6.2%18.8%4.4%25.4%4.8%-0.3%72.7K-102.1K-12.5K0.63118.33N/AN/A4722984,1641,459
2018-02-23$19.27$20.0022.3%6.4%18.9%4.7%24.5%5.0%-1.3%67.8K33.7K-11.8K0.5791.69N/AN/A4822774,1681,470
2018-02-26$19.44$20.0021.4%6.1%19.1%4.1%28.9%7.0%-0.5%81.1K-222.3K-11.9K0.54129.77N/AN/A4722554,1781,467
2018-02-27$19.36$20.0022.1%6.3%19.1%4.6%22.4%2.0%-1.7%72.9K-103.3K-11.4K0.5494.33N/AN/A4692554,1781,467
2018-02-28$19.08$20.0021.9%6.3%19.4%4.4%25.2%4.0%-1.5%54.3K255.9K-10.3K0.59108.95N/AN/A3922304,1861,443