MFC Options History — February 2019

In February 2019, MFC traded between $15.64 and $17.30. ATM implied volatility averaged 23.2%, placing in the 22.1% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 4.9% (HV 20d: 18.3%). Max pain ranged from $17.00 to $18.00. Net GEX was positive for 7 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 1.53.

Notable Days

  • 2019-02-01: Highest Volume — 1,127 contracts
  • 2019-02-06: Largest IV drop — 22.4% change
  • 2019-02-11: Highest IV Rank — 39.6%
  • 2019-02-01: Largest Expected Move — 7.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.33$15.64$17.30$16.02$16.94
Max Pain$17.47$17.00$18.00$18.00$17.00
ATM IV23.2%18.2%33.1%31.9%19.0%
Expected Move6.3%5.2%7.3%7.3%5.4%
HV 20d18.3%15.7%21.1%21.1%19.3%
HV 60d26.2%25.7%26.8%26.6%25.7%
IV Rank22.1%7.1%39.6%11.0%18.1%
IV Percentile47.7%19.4%89.3%85.3%26.6%
Term Structure-0.5%-2.6%2.1%-0.6%0.2%
VWIV22.1%18.8%27.2%19.4%18.8%
Skew 25d4.9%-0.9%9.4%6.6%-0.9%
Skew 10d9.0%-1.0%21.1%15.5%-1.0%
Call IV 25d19.1%14.3%23.5%22.6%17.4%
Put IV 25d24.0%16.1%29.5%29.2%16.5%
Bid-Ask Spread %81.8964.58116.68116.6864.70
Gamma HHI0.350.260.590.260.32
Net GEX-50.2K-204.1K107.9K-13.0K65.7K
Net DEX2.0M-197.6K3.9M1.9M638.3K
Net VEX-12.0K-15.1K-10.3K-15.1K-10.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.530.1310.5010.500.48
Total Volume379.368571,1271,127480
Total OI10,859.7899,90411,73210,41310,222

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-02-01$16.02$18.0031.9%7.3%21.1%11.0%19.4%6.6%-0.6%-13.0K1.9M-15.1K10.50116.68N/AN/A981,0294,7955,618
2019-02-04$15.76$18.0033.1%6.9%18.9%11.7%23.9%4.1%-1.4%-141.2K3.4M-13.9K0.5493.83N/AN/A37204,7996,562
2019-02-05$15.82$18.0032.7%7.1%18.9%11.4%23.6%4.3%-2.2%-149.9K3.4M-13.9K0.6398.79N/AN/A68434,8216,627
2019-02-06$15.93$18.0025.4%7.3%18.5%7.1%25.3%4.3%-2.3%-155.2K3.2M-13.9K0.1584.65N/AN/A68104,8056,627
2019-02-07$15.85$18.0023.5%6.7%15.7%33.0%23.0%4.0%0.1%-152.1K3.4M-13.3K0.1482.60N/AN/A81114,8726,627
2019-02-08$15.64$18.0024.3%7.0%16.5%35.8%24.4%8.4%-2.5%-161.5K3.9M-12.9K5.6979.83N/AN/A673814,8666,628
2019-02-11$15.64$18.0025.5%7.3%16.4%39.6%27.2%8.7%-2.6%-132.0K3.7M-12.3K3.3981.32N/AN/A361224,9156,374
2019-02-12$15.97$18.0024.3%7.0%17.9%35.7%24.1%4.1%-1.0%-115.6K2.6M-12.3K0.5684.76N/AN/A2171214,9316,362
2019-02-13$15.78$17.0023.8%6.8%17.6%34.2%23.8%9.0%-1.0%-127.2K3.3M-11.3K0.4978.42N/AN/A2111045,0556,364
2019-02-14$16.06$17.0022.7%6.5%18.7%30.5%22.7%7.2%0.4%-204.1K2.5M-10.8K0.8179.86N/AN/A2772255,1646,405
2019-02-15$16.22$17.0020.0%5.7%18.9%21.4%18.8%1.8%2.1%-48.0K1.0M-10.6K1.2064.58N/AN/A1491795,3186,414
2019-02-19$16.54$17.0018.2%5.2%19.3%15.5%20.9%2.5%0.6%-15.3K1.6M-10.3K0.9970.42N/AN/A1551534,5275,377
2019-02-20$16.88$17.0018.8%5.4%17.7%17.4%25.4%4.4%0.6%33.7K833.6K-10.9K0.5498.49N/AN/A3391824,5405,395
2019-02-21$16.80$17.0018.8%5.4%18.0%17.5%21.9%4.2%0.5%17.8K1.1M-10.8K1.4678.22N/AN/A2844144,7215,435
2019-02-22$16.98$17.0018.7%5.4%17.4%17.2%19.0%6.7%-0.1%36.2K638.5K-11.5K0.8083.68N/AN/A2071654,7435,648
2019-02-25$17.30$17.0019.3%5.5%18.1%19.3%19.3%9.4%0.8%102.1K-197.6K-11.3K0.3373.12N/AN/A4701574,7565,647
2019-02-26$17.13$18.0019.9%5.7%18.8%21.2%19.4%3.3%-0.4%107.9K275.2K-11.2K0.1376.91N/AN/A260334,5655,626
2019-02-27$17.07$17.0020.1%5.8%19.0%21.8%19.2%0.3%-1.5%98.1K150.7K-10.9K0.1765.04N/AN/A303524,6685,517
2019-02-28$16.94$17.0019.0%5.4%19.3%18.1%18.8%-0.9%0.2%65.7K638.3K-10.6K0.4864.70N/AN/A3241564,7155,507