MFC Options History — October 2018

In October 2018, MFC traded between $15.03 and $18.03. ATM implied volatility averaged 30.9%, placing in the 10.3% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 0.8% (HV 20d: 30.0%). Max pain ranged from $18.00 to $19.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 3.05.

Notable Days

2018-10-04: Highest Volume — 24,200 contracts
2018-10-04: Largest IV spike — 42.9% change
2018-10-29: Highest IV Rank — 18.0%
2018-10-29: Largest Expected Move — 12.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$16.22	$15.03	$18.03	$17.94	$15.78
Max Pain	$18.04	$18.00	$19.00	$18.00	$18.00
ATM IV	30.9%	19.3%	43.7%	20.3%	35.2%
Expected Move	8.9%	5.5%	12.5%	5.8%	10.1%
HV 20d	30.0%	18.3%	43.1%	19.7%	42.7%
HV 60d	22.8%	17.4%	29.1%	17.4%	29.1%
IV Rank	10.3%	3.5%	18.0%	4.1%	12.9%
IV Percentile	91.7%	44.4%	99.6%	53.6%	98.4%
Term Structure	-2.5%	-14.9%	3.9%	1.7%	-4.0%
VWIV	30.8%	19.1%	39.6%	20.9%	35.3%
Skew 25d	7.0%	0.7%	19.6%	0.7%	4.5%
Skew 10d	15.9%	-2.0%	52.4%	-2.0%	18.2%
Call IV 25d	27.8%	17.7%	37.6%	23.9%	34.7%
Put IV 25d	34.8%	21.2%	52.0%	24.6%	39.1%
Bid-Ask Spread %	66.98	22.93	115.61	72.37	82.32
Gamma HHI	0.44	0.31	0.78	0.78	0.35
Net GEX	-847.2K	-1.5M	-443.4K	-1.3M	-546.9K
Net DEX	23.4M	8.6M	37.8M	8.6M	15.4M
Net VEX	-47.2K	-60.0K	-33.4K	-33.4K	-48.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.05	0.51	8.34	3.48	2.83
Total Volume	4,977.348	1,876	24,200	2,592	2,650
Total OI	30,273.261	16,714	41,309	16,714	26,974

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2018-10-01	$17.94	$18.00	20.3%	5.8%	19.7%	4.1%	20.9%	0.7%	1.7%	-1.3M	8.6M	-33.4K	3.48	72.37	N/A	N/A	579	2,013	3,427	13,287
2018-10-02	$17.80	$18.00	19.3%	5.5%	18.3%	3.5%	19.1%	3.5%	2.3%	-1.5M	11.6M	-34.2K	2.31	22.93	N/A	N/A	566	1,310	3,479	14,261
2018-10-03	$18.03	$18.00	23.2%	6.7%	18.9%	5.8%	23.1%	9.5%	0.3%	-1.3M	9.1M	-36.2K	4.77	75.92	N/A	N/A	679	3,237	3,528	14,701
2018-10-04	$17.48	$19.00	33.2%	8.1%	21.8%	11.7%	26.6%	5.5%	-3.0%	-1.3M	15.6M	-40.0K	8.34	115.61	N/A	N/A	2,590	21,610	3,664	17,035
2018-10-05	$16.85	$18.00	26.1%	7.6%	25.2%	7.5%	28.4%	5.8%	-0.3%	-1.4M	26.7M	-45.4K	2.84	79.51	N/A	N/A	2,749	7,808	4,954	24,233
2018-10-08	$16.77	$18.00	23.4%	7.7%	25.0%	5.9%	28.5%	5.9%	-1.7%	-1.5M	29.6M	-51.8K	1.93	79.26	N/A	N/A	3,499	6,762	6,023	28,316
2018-10-09	$16.96	$18.00	24.4%	8.0%	25.4%	6.5%	29.1%	7.3%	-2.2%	-1.5M	25.9M	-60.0K	0.51	71.63	N/A	N/A	2,096	1,070	7,971	27,892
2018-10-10	$16.07	$18.00	32.9%	9.4%	31.0%	11.5%	31.7%	7.0%	-6.2%	-844.2K	31.8M	-50.5K	1.63	106.56	N/A	N/A	1,470	2,393	7,997	28,094
2018-10-11	$15.64	$18.00	29.5%	8.4%	31.8%	9.5%	29.7%	2.8%	-0.3%	-613.2K	33.5M	-44.5K	0.90	98.96	N/A	N/A	1,167	1,048	8,528	27,925
2018-10-12	$15.74	$18.00	33.4%	9.6%	31.6%	11.8%	37.9%	7.7%	-2.5%	-603.8K	33.3M	-46.4K	3.64	88.19	N/A	N/A	976	3,555	8,694	28,226
2018-10-15	$15.42	$18.00	35.1%	10.1%	32.0%	12.9%	35.5%	7.2%	-1.1%	-563.6K	36.9M	-46.0K	5.38	84.75	N/A	N/A	824	4,433	8,748	30,255
2018-10-16	$15.48	$18.00	34.2%	9.8%	31.6%	12.3%	32.8%	12.8%	-2.4%	-609.5K	37.8M	-47.4K	6.49	74.03	N/A	N/A	738	4,791	8,695	31,592
2018-10-17	$15.78	$18.00	31.2%	8.9%	29.0%	10.5%	31.3%	7.3%	-1.9%	-734.3K	36.6M	-52.1K	2.88	36.58	N/A	N/A	1,409	4,052	8,797	31,747
2018-10-18	$15.47	$18.00	34.2%	9.8%	28.9%	12.3%	31.5%	7.0%	-3.4%	-505.4K	37.7M	-48.9K	2.90	34.64	N/A	N/A	1,391	4,035	9,493	31,807
2018-10-19	$15.96	$18.00	29.7%	8.5%	32.2%	9.7%	32.1%	7.7%	-1.1%	-934.0K	35.1M	-56.0K	2.45	32.18	N/A	N/A	1,367	3,347	9,503	31,806
2018-10-22	$16.11	$18.00	30.4%	8.7%	32.6%	10.1%	31.4%	9.3%	-2.0%	-574.7K	13.7M	-54.4K	1.36	31.41	N/A	N/A	1,361	1,856	7,439	18,675
2018-10-23	$16.05	$18.00	31.2%	9.0%	32.6%	10.6%	33.1%	6.5%	-2.7%	-591.7K	14.1M	-55.0K	2.74	59.96	N/A	N/A	637	1,745	7,473	18,741
2018-10-24	$15.54	$18.00	32.1%	9.2%	33.8%	11.1%	32.7%	5.4%	-4.0%	-538.6K	16.8M	-48.3K	2.88	38.77	N/A	N/A	606	1,747	7,531	18,853
2018-10-25	$15.68	$18.00	32.6%	9.4%	34.3%	11.4%	32.8%	8.0%	-3.7%	-554.6K	16.6M	-49.2K	2.85	32.75	N/A	N/A	653	1,860	7,539	18,922
2018-10-26	$15.36	$18.00	36.6%	10.5%	34.7%	13.8%	34.1%	4.5%	3.9%	-498.1K	17.4M	-46.3K	2.52	47.63	N/A	N/A	687	1,734	7,564	18,898
2018-10-29	$15.03	$18.00	43.7%	12.5%	34.7%	18.0%	32.0%	19.6%	-14.9%	-443.4K	18.8M	-40.8K	2.60	113.08	N/A	N/A	685	1,778	7,624	18,890
2018-10-30	$16.01	$18.00	38.1%	10.9%	43.1%	14.6%	39.6%	5.9%	-7.4%	-560.9K	14.6M	-50.7K	1.83	61.51	N/A	N/A	1,031	1,885	7,634	18,850
2018-10-31	$15.78	$18.00	35.2%	10.1%	42.7%	12.9%	35.3%	4.5%	-4.0%	-546.9K	15.4M	-48.1K	2.83	82.32	N/A	N/A	691	1,959	8,158	18,816