MFC Options History — September 2018

In September 2018, MFC traded between $17.45 and $18.57. ATM implied volatility averaged 20.1%, placing in the 3.9% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 1.3% (HV 20d: 18.7%). Max pain ranged from $18.00 to $19.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 17 of 19 days. Put/call ratio averaged 1.52.

Notable Days

  • 2018-09-17: Highest Volume — 4,643 contracts
  • 2018-09-21: Largest IV spike — 58.0% change
  • 2018-09-21: Highest IV Rank — 10.5%
  • 2018-09-21: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.96$17.45$18.57$17.92$17.87
Max Pain$18.47$18.00$19.00$19.00$18.00
ATM IV20.1%16.3%31.2%17.6%20.2%
Expected Move5.7%4.7%8.9%5.1%5.8%
HV 20d18.7%15.6%20.9%19.3%20.5%
HV 60d17.1%16.6%17.6%16.7%17.4%
IV Rank3.9%1.7%10.5%2.5%4.0%
IV Percentile49.0%10.7%99.2%25.8%52.4%
Term Structure0.8%-1.8%2.2%0.3%1.3%
VWIV19.0%14.3%26.5%18.0%19.4%
Skew 25d3.1%-4.9%7.9%-4.9%0.6%
Skew 10d8.4%-7.8%37.1%-7.8%-2.5%
Call IV 25d17.8%12.9%22.2%20.0%22.0%
Put IV 25d20.8%15.1%26.1%15.1%22.6%
Bid-Ask Spread %70.3310.64134.6238.8630.59
Gamma HHI0.560.330.820.420.76
Net GEX-412.4K-1.3M-34.7K-42.7K-1.3M
Net DEX3.2M1.2M9.1M1.5M9.1M
Net VEX-20.3K-33.9K-11.2K-11.6K-33.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.520.494.080.551.15
Total Volume2,401.9471,1644,6431,4721,383
Total OI11,308.3687,06417,6627,06416,442

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-09-04$17.92$19.0017.6%5.1%19.3%2.5%18.0%-4.9%0.3%-42.7K1.5M-11.6K0.5538.86N/AN/A9505224,3462,718
2018-09-05$17.88$19.0018.9%5.4%19.3%3.2%17.7%0.5%0.1%-58.5K1.7M-12.5K0.8118.92N/AN/A9507664,3623,036
2018-09-06$17.74$19.0018.7%5.2%19.0%3.1%15.9%2.1%0.1%-74.3K2.1M-12.8K0.7313.65N/AN/A9597004,3623,151
2018-09-07$17.62$19.0017.7%5.1%18.0%2.5%17.2%1.4%0.8%-77.3K2.5M-11.9K0.6111.67N/AN/A1,1427004,3613,154
2018-09-10$17.75$19.0018.7%5.3%18.1%3.1%16.8%6.7%0.1%-43.9K2.0M-12.2K0.7414.50N/AN/A1,1428504,5673,154
2018-09-11$17.75$19.0018.4%4.9%18.1%2.9%14.3%5.1%1.9%-34.7K1.8M-12.1K0.4910.64N/AN/A1,1625724,5672,981
2018-09-12$17.45$19.0019.3%5.5%15.6%3.5%19.2%1.5%1.3%-47.2K2.4M-11.5K0.8725.53N/AN/A1,1711,0184,5973,071
2018-09-13$17.56$19.0016.3%4.7%15.8%1.7%14.4%4.4%2.2%-66.7K2.9M-11.2K1.09107.33N/AN/A9351,0184,5853,349
2018-09-14$17.74$19.0016.4%4.7%16.4%1.7%16.7%4.5%1.8%-83.5K2.5M-11.5K1.0473.45N/AN/A1,9191,9984,5793,349
2018-09-17$17.66$18.0019.2%5.5%15.8%3.4%19.1%4.6%1.2%-36.6K2.1M-15.5K4.08133.47N/AN/A9143,7295,5764,315
2018-09-18$17.84$18.0021.4%6.1%15.9%4.7%21.8%-1.1%-0.3%-376.2K4.2M-23.6K2.89128.43N/AN/A9642,7885,8907,396
2018-09-19$18.50$18.0020.8%5.9%20.8%4.3%20.6%3.3%0.8%-468.5K1.2M-26.9K2.58134.62N/AN/A1,0842,7985,9529,409
2018-09-20$18.57$18.0019.7%5.7%20.8%3.7%23.5%7.9%-1.8%-410.8K1.5M-26.7K2.96122.96N/AN/A1,0683,1645,8569,500
2018-09-21$18.57$18.0031.2%8.9%20.5%10.5%26.5%6.4%0.5%-771.2K2.6M-29.5K1.81122.11N/AN/A9391,7015,91411,748
2018-09-24$18.32$18.0022.7%6.5%20.9%5.5%19.6%4.6%1.9%-917.3K4.5M-30.7K1.0196.16N/AN/A5795853,16111,324
2018-09-25$18.20$18.0020.9%6.0%20.3%4.4%20.0%3.6%1.9%-977.9K4.9M-30.7K1.20109.21N/AN/A5566683,19411,337
2018-09-26$18.20$18.0021.3%6.1%20.2%4.6%20.2%5.0%0.6%-1.0M5.0M-30.6K1.40119.46N/AN/A5878223,20611,425
2018-09-27$18.02$18.0021.8%6.3%20.4%5.0%20.6%1.9%0.6%-1.1M6.6M-31.2K2.8024.76N/AN/A7462,0883,24211,683
2018-09-28$17.87$18.0020.2%5.8%20.5%4.0%19.4%0.6%1.3%-1.3M9.1M-33.9K1.1530.59N/AN/A6447393,35313,089