MFC Options History — November 2018

In November 2018, MFC traded between $15.90 and $16.93. ATM implied volatility averaged 30.6%, placing in the 10.2% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded below realized volatility by 8.7% (HV 20d: 39.2%). Max pain ranged from $17.00 to $18.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 2.32.

Notable Days

  • 2018-11-13: Highest Volume — 3,896 contracts
  • 2018-11-08: Largest IV drop — 29.4% change
  • 2018-11-06: Highest IV Rank — 16.8%
  • 2018-11-01: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.53$15.90$16.93$15.90$16.55
Max Pain$17.10$17.00$18.00$18.00$17.00
ATM IV30.6%26.0%41.7%34.5%26.8%
Expected Move8.3%7.4%9.9%9.9%7.7%
HV 20d39.2%31.2%45.6%42.0%31.2%
HV 60d31.5%29.1%32.5%29.1%32.5%
IV Rank10.2%7.5%16.8%12.5%7.9%
IV Percentile90.5%82.9%99.2%97.6%82.9%
Term Structure-1.6%-5.5%0.7%-4.9%-1.1%
VWIV29.0%25.1%37.5%34.2%27.5%
Skew 25d4.7%0.4%15.6%15.6%7.3%
Skew 10d7.8%-2.1%19.5%9.6%18.5%
Call IV 25d27.1%22.0%34.0%25.2%22.0%
Put IV 25d31.8%29.3%40.8%40.8%29.3%
Bid-Ask Spread %49.7118.36111.3757.5392.29
Gamma HHI0.350.270.430.350.43
Net GEX-416.9K-648.4K-217.1K-567.0K-272.2K
Net DEX7.7M4.3M15.0M15.0M4.8M
Net VEX-42.0K-55.0K-33.8K-49.6K-34.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.320.595.751.660.76
Total Volume2,460.811,1243,8961,6921,124
Total OI23,678.1918,47027,86127,06519,035

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-11-01$15.90$18.0034.5%9.9%42.0%12.5%34.2%15.6%-4.9%-567.0K15.0M-49.6K1.6657.53N/AN/A6371,0558,21318,852
2018-11-02$16.80$18.0032.6%9.3%45.2%11.4%37.5%0.4%-5.5%-595.3K9.2M-55.0K1.41111.37N/AN/A7451,0528,20218,903
2018-11-05$16.51$17.0033.9%8.2%45.6%12.1%30.7%7.0%-2.0%-596.9K10.7M-51.4K0.8743.12N/AN/A7866878,19118,960
2018-11-06$16.41$17.0041.7%8.6%45.4%16.8%29.9%5.7%-1.4%-599.8K11.9M-49.8K0.9751.39N/AN/A7947728,28518,953
2018-11-07$16.38$17.0038.3%8.3%41.0%14.7%28.7%4.2%-0.6%-648.4K11.7M-49.5K1.2141.09N/AN/A8381,0168,29519,255
2018-11-08$16.91$17.0027.0%7.4%41.0%8.0%28.0%5.4%-0.3%-599.0K7.9M-49.4K1.3647.47N/AN/A1,0301,3978,30819,330
2018-11-09$16.93$17.0026.5%7.4%41.0%7.7%27.4%5.7%0.7%-583.6K7.9M-48.3K0.5963.57N/AN/A1,2167128,16419,697
2018-11-12$16.80$17.0029.3%7.6%40.2%9.4%27.9%3.6%0.2%-609.8K9.0M-45.1K2.7134.13N/AN/A1,0472,8358,11619,725
2018-11-13$16.87$17.0030.7%7.9%40.2%10.2%27.0%4.6%-1.4%-544.0K7.2M-42.7K3.1451.48N/AN/A9402,9568,11618,890
2018-11-14$16.70$17.0028.0%8.0%40.1%8.6%28.3%4.7%-1.3%-456.7K7.4M-41.4K4.1634.12N/AN/A6952,8918,13618,914
2018-11-15$16.67$17.0028.6%8.2%39.3%9.0%27.9%4.7%-2.3%-536.2K8.3M-40.9K4.1156.60N/AN/A6782,7858,16218,917
2018-11-16$16.70$17.0026.0%7.5%37.9%7.5%25.1%3.3%0.2%-246.1K7.8M-39.0K4.8045.03N/AN/A5682,7258,17918,907
2018-11-19$16.50$17.0028.9%8.3%38.2%9.2%25.3%4.7%-0.6%-248.6K5.2M-37.2K5.7528.46N/AN/A4722,7156,99711,473
2018-11-20$15.98$17.0032.2%9.2%39.9%11.1%31.9%0.7%-2.9%-218.7K7.1M-36.2K2.7274.85N/AN/A7622,0767,06411,588
2018-11-21$16.25$17.0028.4%8.1%38.5%8.8%27.8%1.9%-0.5%-217.1K5.9M-37.0K2.0828.48N/AN/A7711,6037,33711,559
2018-11-23$16.23$17.0030.6%8.8%38.4%10.2%30.4%4.0%-1.5%-223.3K5.7M-36.7K2.0820.09N/AN/A7711,6037,29911,591
2018-11-26$16.62$17.0029.4%8.4%38.2%9.5%29.1%2.8%-2.9%-233.2K4.3M-36.3K2.2525.76N/AN/A7111,6037,29611,603
2018-11-27$16.33$17.0031.3%9.0%37.9%10.6%28.3%3.9%-3.0%-245.2K5.9M-34.1K2.1618.36N/AN/A7141,5437,25911,620
2018-11-28$16.61$17.0027.5%7.9%31.3%8.3%28.3%4.6%-1.6%-260.1K4.6M-35.0K2.0021.17N/AN/A7401,4777,25411,633
2018-11-29$16.40$17.0030.1%8.6%31.2%9.9%28.2%4.4%-1.3%-254.3K5.3M-33.8K1.9197.57N/AN/A7331,4027,33311,631
2018-11-30$16.55$17.0026.8%7.7%31.2%7.9%27.5%7.3%-1.1%-272.2K4.8M-34.2K0.7692.29N/AN/A6394857,38711,648