MFC Options History — April 2019

In April 2019, MFC traded between $17.38 and $18.55. ATM implied volatility averaged 21.5%, placing in the 26.5% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 1.3% (HV 20d: 20.2%). Max pain ranged from $17.00 to $18.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 4.22.

Notable Days

  • 2019-04-17: Highest Volume — 3,544 contracts
  • 2019-04-08: Largest IV spike — 31.2% change
  • 2019-04-30: Highest IV Rank — 43.3%
  • 2019-04-30: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.00$17.38$18.55$17.47$18.43
Max Pain$17.24$17.00$18.00$17.00$18.00
ATM IV21.5%13.9%26.6%20.3%26.6%
Expected Move6.5%5.6%7.6%6.5%7.6%
HV 20d20.2%11.0%26.0%25.9%11.0%
HV 60d20.0%19.1%22.1%22.1%19.4%
IV Rank26.5%1.4%43.3%22.4%43.3%
IV Percentile44.5%0.4%70.2%38.5%70.2%
Term Structure-2.1%-4.7%4.0%4.0%-4.1%
VWIV24.5%20.2%29.9%27.4%27.1%
Skew 25d5.7%2.4%9.6%3.4%4.5%
Skew 10d7.7%-20.5%17.7%-4.1%1.6%
Call IV 25d18.7%11.8%22.7%17.8%19.0%
Put IV 25d24.3%20.4%28.7%21.2%23.4%
Bid-Ask Spread %100.2187.35122.2095.33109.05
Gamma HHI0.380.240.590.270.59
Net GEX80.3K34.3K220.9K42.5K220.9K
Net DEX-2.2M-3.8M-1.2M-1.4M-3.8M
Net VEX-16.8K-31.3K-10.6K-11.3K-31.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.220.0064.400.950.59
Total Volume931.286743,544158119
Total OI7,323.3335,14211,1935,17011,193

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$17.47$17.0020.3%6.5%25.9%22.4%0.0%3.4%4.0%42.5K-1.4M-11.3K0.9595.33N/AN/A81772,4472,723
2019-04-02$17.38$17.0021.4%6.4%26.0%26.3%27.4%8.6%0.9%42.7K-1.2M-11.5K1.3187.35N/AN/A59772,5072,775
2019-04-03$17.54$17.0014.8%6.1%25.3%4.3%29.9%5.3%-1.6%47.1K-1.6M-11.0K3.8689.83N/AN/A692662,5072,775
2019-04-04$17.55$17.0018.6%5.8%24.4%17.0%28.3%7.1%-1.1%63.2K-1.6M-10.9K4.0997.67N/AN/A743032,4972,645
2019-04-05$17.62$17.0013.9%5.7%24.4%1.4%23.9%7.4%-0.9%61.1K-1.8M-10.6K4.3599.74N/AN/A813522,5012,651
2019-04-08$17.70$17.0018.3%5.9%23.8%15.7%20.2%9.3%-0.3%34.3K-1.5M-11.4K0.1987.48N/AN/A62122,5213,030
2019-04-09$17.64$17.0016.8%6.1%23.9%11.1%22.8%8.2%-1.9%36.0K-1.5M-11.7K0.5188.06N/AN/A68352,5833,042
2019-04-10$17.78$17.0021.0%6.0%23.7%24.8%23.5%9.6%-2.3%36.8K-1.7M-11.5K2.7192.16N/AN/A1604342,6183,054
2019-04-11$17.96$17.0021.7%6.2%23.3%27.2%21.4%5.0%-0.9%46.7K-2.3M-11.0K0.7190.69N/AN/A3732642,6932,910
2019-04-12$18.14$17.0021.9%6.3%23.4%27.9%21.4%3.5%-2.3%47.8K-2.7M-11.8K0.68106.73N/AN/A3872642,9173,109
2019-04-15$18.20$17.0023.2%6.7%20.9%32.1%21.6%2.4%-3.8%62.0K-2.9M-12.1K0.0091.52N/AN/A10703,1003,109
2019-04-16$18.37$17.0023.1%6.6%20.6%31.8%22.0%4.4%-3.2%55.5K-3.3M-11.5K0.9297.31N/AN/A1,8061,6643,1243,109
2019-04-17$18.55$17.0019.5%5.6%19.9%19.7%23.1%6.9%-1.0%104.3K-3.6M-20.2K0.89101.68N/AN/A1,8781,6664,7544,481
2019-04-18$18.40$17.0022.6%6.5%18.5%30.0%23.5%6.0%-3.7%101.3K-3.7M-20.1K0.93122.20N/AN/A1,8391,7034,9494,479
2019-04-22$18.28$17.0024.5%7.0%14.7%36.4%24.6%3.8%-4.7%91.7K-1.7M-20.1K64.40100.50N/AN/A53224,2624,143
2019-04-23$18.31$17.0024.3%7.0%14.2%35.6%24.1%2.8%-4.0%88.2K-1.7M-20.8K1.16108.38N/AN/A3313844,2674,447
2019-04-24$18.07$18.0022.8%6.5%15.4%30.9%28.3%5.9%-1.6%70.7K-1.2M-21.3K0.12105.90N/AN/A332404,4284,519
2019-04-25$18.12$18.0025.7%7.4%15.3%40.2%26.7%6.4%-4.2%68.2K-1.3M-21.8K0.03115.01N/AN/A2,701744,4284,526
2019-04-26$18.19$18.0025.0%7.2%15.2%38.0%25.2%3.0%-3.4%171.4K-2.5M-30.3K0.13109.89N/AN/A774996,3834,553
2019-04-29$18.22$18.0025.6%7.3%15.2%39.9%26.0%5.4%-4.6%194.0K-3.1M-30.5K0.07107.98N/AN/A200156,4784,553
2019-04-30$18.43$18.0026.6%7.6%11.0%43.3%27.1%4.5%-4.1%220.9K-3.8M-31.3K0.59109.05N/AN/A75446,6254,568