MFC Options History — April 2018

In April 2018, MFC traded between $18.15 and $19.02. ATM implied volatility averaged 23.9%, placing in the 5.6% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 6.6% (HV 20d: 17.3%). Max pain ranged from $19.00 to $19.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.54.

Notable Days

  • 2018-04-26: Highest Volume — 1,797 contracts
  • 2018-04-06: Largest IV spike — 31.0% change
  • 2018-04-09: Highest IV Rank — 8.9%
  • 2018-04-09: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.66$18.15$19.02$18.39$18.91
Max Pain$19.00$19.00$19.00$19.00$19.00
ATM IV23.9%19.1%29.3%25.4%23.8%
Expected Move6.8%6.1%7.9%7.3%6.8%
HV 20d17.3%13.8%19.6%16.8%13.8%
HV 60d17.3%16.4%17.6%17.3%17.4%
IV Rank5.6%2.7%8.9%6.5%5.6%
IV Percentile77.8%28.6%98.4%89.7%81.7%
Term Structure-1.9%-5.9%2.3%2.3%-3.3%
VWIV24.4%21.5%28.9%23.9%26.1%
Skew 25d3.7%-1.9%7.6%7.6%3.1%
Skew 10d11.9%-3.9%47.2%18.0%46.6%
Call IV 25d22.0%20.0%24.0%20.9%23.9%
Put IV 25d25.6%22.1%28.6%28.6%27.0%
Bid-Ask Spread %104.7867.60136.7480.55125.29
Gamma HHI0.260.220.400.230.40
Net GEX38.4K619111.4K7.8K100.6K
Net DEX460.5K-368.4K942.6K743.5K-174.4K
Net VEX-9.7K-12.7K-8.8K-9.1K-12.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.250.790.790.26
Total Volume1,002.5247001,7978651,777
Total OI5,148.814,7885,7874,7895,786

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-04-02$18.39$19.0025.4%7.3%16.8%6.5%23.9%7.6%2.3%7.8K743.5K-9.1K0.7980.55N/AN/A4833823,2891,500
2018-04-03$18.46$19.0024.9%7.1%16.7%6.2%23.5%2.7%-0.2%11.9K635.2K-9.5K0.7980.08N/AN/A4833823,2881,500
2018-04-04$18.52$19.0022.6%6.5%16.7%4.8%23.1%3.7%1.1%11.1K646.5K-9.3K0.7071.96N/AN/A4783333,2881,500
2018-04-05$18.65$19.0019.1%6.2%16.9%2.7%23.5%5.4%-1.1%15.8K528.5K-9.3K0.59121.56N/AN/A6073573,2851,506
2018-04-06$18.15$19.0025.0%7.0%19.3%6.3%28.9%5.0%-0.5%619942.6K-9.5K0.4482.72N/AN/A5842583,4621,619
2018-04-09$18.33$19.0029.3%7.9%18.8%8.9%26.7%6.7%-3.7%6.1K835.1K-9.4K0.43119.99N/AN/A6122613,4621,631
2018-04-10$18.48$19.0026.5%7.3%19.0%7.2%24.4%3.0%-1.9%12.0K700.2K-9.4K0.59103.69N/AN/A4532693,4921,647
2018-04-11$18.42$19.0022.6%6.5%18.7%4.8%28.5%2.0%0.3%9.8K759.4K-9.5K0.64133.02N/AN/A4272733,5081,647
2018-04-12$18.52$19.0023.3%6.7%18.8%5.3%26.7%4.5%-0.9%15.1K694.3K-9.2K0.60124.13N/AN/A4632793,5081,655
2018-04-13$18.40$19.0024.7%7.1%18.9%6.1%24.1%3.5%-2.9%3.4K863.3K-8.9K0.6468.06N/AN/A4572933,5521,665
2018-04-16$18.66$19.0024.4%7.0%19.6%5.9%22.9%3.0%-3.0%27.9K569.2K-9.2K0.5972.78N/AN/A4932933,5521,684
2018-04-17$18.69$19.0021.3%6.1%19.4%4.1%24.0%3.4%-1.2%44.9K676.4K-8.8K0.4588.74N/AN/A7093223,5301,694
2018-04-18$18.82$19.0021.1%6.1%18.4%4.0%21.5%2.5%-0.5%66.6K277.3K-9.6K0.5967.60N/AN/A5913503,5521,719
2018-04-19$18.78$19.0022.5%6.5%17.9%4.8%22.6%3.3%-2.7%76.5K501.7K-9.5K0.59124.88N/AN/A5913503,6391,746
2018-04-20$18.79$19.0025.4%7.3%16.4%6.5%25.9%5.2%-5.9%39.3K617.8K-9.6K0.69126.00N/AN/A5233633,6391,785
2018-04-23$18.86$19.0024.5%7.0%16.2%6.0%22.9%-1.9%-3.5%44.0K210.2K-9.5K0.56112.20N/AN/A5122883,3991,459
2018-04-24$19.01$19.0024.6%7.1%16.4%6.1%22.1%3.7%-3.7%54.1K672-9.8K0.44101.12N/AN/A7233173,4071,467
2018-04-25$18.92$19.0024.5%7.0%15.0%6.0%23.8%2.4%-3.6%67.6K48.0K-9.7K0.48123.64N/AN/A7583653,6171,438
2018-04-26$19.02$19.0022.4%6.4%14.9%4.7%23.0%3.3%-1.8%79.1K-37.6K-10.4K0.25136.74N/AN/A1,4323653,7231,498
2018-04-27$19.02$19.0023.7%6.8%14.2%5.5%25.0%4.7%-3.1%111.4K-368.4K-12.7K0.25135.65N/AN/A1,4323654,2891,498
2018-04-30$18.91$19.0023.8%6.8%13.8%5.6%26.1%3.1%-3.3%100.6K-174.4K-12.1K0.26125.29N/AN/A1,4143634,2881,498