MFC Options History — December 2018

In December 2018, MFC traded between $13.66 and $16.63. ATM implied volatility averaged 33.5%, placing in the 11.9% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 4.8% (HV 20d: 28.7%). Max pain ranged from $16.00 to $17.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 4.36.

Notable Days

  • 2018-12-06: Highest Volume — 3,216 contracts
  • 2018-12-04: Largest IV spike — 25.1% change
  • 2018-12-27: Highest IV Rank — 15.3%
  • 2018-12-27: Largest Expected Move — 11.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.76$13.66$16.63$16.63$14.22
Max Pain$16.15$16.00$17.00$17.00$16.00
ATM IV33.5%25.8%39.2%25.8%34.2%
Expected Move9.3%7.4%11.2%7.4%9.8%
HV 20d28.7%24.2%31.9%24.2%31.1%
HV 60d34.1%32.5%35.5%32.5%35.1%
IV Rank11.9%7.3%15.3%7.3%12.3%
IV Percentile92.6%79.8%98.8%79.8%92.1%
Term Structure-0.4%-7.4%20.4%-0.2%0.1%
VWIV33.4%22.1%65.2%23.5%30.4%
Skew 25d5.5%2.0%12.2%4.5%4.6%
Skew 10d9.9%0.9%29.4%4.5%11.5%
Call IV 25d30.2%21.9%37.0%21.9%32.9%
Put IV 25d35.7%26.5%47.0%26.5%37.5%
Bid-Ask Spread %102.0385.79121.5585.7989.38
Gamma HHI0.380.220.460.460.46
Net GEX-213.3K-288.2K-153.4K-288.2K-238.9K
Net DEX9.3M4.6M12.7M4.6M6.5M
Net VEX-21.2K-32.9K-14.7K-32.9K-14.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.360.0826.720.311.11
Total Volume812.75853,2168597
Total OI19,173.814,22021,80619,01714,453

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-12-03$16.63$17.0025.8%7.4%24.2%7.3%23.5%4.5%-0.2%-288.2K4.6M-32.9K0.3185.79N/AN/A65207,37211,645
2018-12-04$16.13$17.0032.3%9.3%25.8%11.2%34.0%5.1%-2.9%-233.1K7.1M-30.2K0.0892.54N/AN/A1,2041017,38011,636
2018-12-05$16.14$17.0034.2%9.8%25.8%12.3%35.9%4.4%-7.4%-229.1K6.9M-30.4K0.0898.76N/AN/A1,2041017,38011,636
2018-12-06$15.51$16.0032.0%7.8%29.3%11.0%31.6%4.5%-0.8%-153.4K9.6M-25.3K26.72104.50N/AN/A1163,1008,52311,522
2018-12-07$15.48$16.0038.1%8.5%26.3%14.7%31.6%5.8%-1.0%-197.9K9.2M-27.8K10.53114.13N/AN/A1881,9808,57712,800
2018-12-10$14.95$16.0034.8%8.8%28.3%12.7%34.2%6.9%-2.0%-191.4K10.9M-23.5K5.88100.03N/AN/A261538,77712,650
2018-12-11$14.86$16.0036.4%8.7%28.3%13.6%29.4%3.4%-1.6%-207.1K10.9M-22.7K4.24105.92N/AN/A512168,79112,588
2018-12-12$14.99$16.0029.4%8.4%28.5%9.4%26.5%5.3%-0.1%-192.1K10.6M-23.2K1.60121.55N/AN/A2584148,79512,611
2018-12-13$14.86$16.0029.3%8.4%28.5%9.4%27.7%6.3%-2.0%-208.8K11.3M-21.9K1.67113.27N/AN/A2584309,01512,791
2018-12-14$14.69$16.0029.4%8.4%28.5%9.5%22.1%5.2%-0.5%-218.4K11.3M-20.2K2.2993.82N/AN/A2585909,01512,449
2018-12-17$14.28$16.0033.1%9.5%29.4%11.6%31.9%4.1%-0.2%-225.4K11.9M-19.0K12.64106.17N/AN/A364559,01512,335
2018-12-18$14.51$16.0031.1%8.9%30.5%10.5%31.6%2.0%-1.7%-222.3K11.2M-18.5K4.11101.66N/AN/A1315389,00912,079
2018-12-19$14.43$16.0033.6%9.6%29.0%12.0%32.3%5.3%-3.0%-225.1K11.2M-18.7K4.60109.08N/AN/A1316029,01912,081
2018-12-20$14.39$16.0033.0%9.5%27.8%11.6%33.6%4.9%-0.8%-228.7K11.6M-18.2K2.62106.47N/AN/A1153019,01812,076
2018-12-21$13.68$16.0036.7%10.5%31.9%13.8%34.6%12.2%1.5%-185.4K12.7M-15.1K5.54112.19N/AN/A1146329,01712,055
2018-12-24$13.66$16.0035.2%10.1%29.7%12.9%65.2%5.6%20.4%-188.2K7.3M-15.0K2.34108.38N/AN/A2656205,9788,242
2018-12-26$13.93$16.0038.3%11.0%31.3%14.8%38.5%8.8%-2.5%-211.0K7.0M-15.5K0.2392.81N/AN/A368856,0218,242
2018-12-27$13.97$16.0039.2%11.2%30.2%15.3%39.3%7.8%-3.6%-198.6K6.9M-15.1K0.2692.30N/AN/A368956,2068,202
2018-12-28$13.97$16.0034.4%9.9%30.3%12.5%34.5%3.1%1.1%-222.2K6.8M-15.3K0.3891.83N/AN/A4111586,2598,216
2018-12-31$14.22$16.0034.2%9.8%31.1%12.3%30.4%4.6%0.1%-238.9K6.5M-14.7K1.1189.38N/AN/A46516,2738,180