MFC Options History — May 2019

In May 2019, MFC traded between $16.80 and $18.55. ATM implied volatility averaged 22.6%, placing in the 33.1% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 1.8% (HV 20d: 20.8%). Max pain ranged from $18.00 to $18.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 1.86.

Notable Days

  • 2019-05-14: Highest Volume — 811 contracts
  • 2019-05-06: Largest IV spike — 102.9% change
  • 2019-05-13: Highest IV Rank — 69.1%
  • 2019-05-01: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.62$16.80$18.55$18.30$16.80
Max Pain$18.00$18.00$18.00$18.00$18.00
ATM IV22.6%12.0%33.9%26.5%22.7%
Expected Move6.2%3.4%7.6%7.6%6.5%
HV 20d20.8%11.1%26.7%11.2%26.7%
HV 60d20.9%19.1%22.3%19.1%22.3%
IV Rank33.1%0.0%69.1%43.1%33.9%
IV Percentile50.1%0.0%91.3%69.4%52.4%
Term Structure0.2%-6.3%7.8%-6.3%0.2%
VWIV21.6%18.4%25.2%25.2%22.7%
Skew 25d5.4%2.3%12.4%2.7%3.3%
Skew 10d8.1%-6.7%18.8%9.2%-1.0%
Call IV 25d19.1%9.9%26.2%26.2%24.3%
Put IV 25d24.5%19.4%29.0%29.0%27.6%
Bid-Ask Spread %79.1056.75114.05108.5165.70
Gamma HHI0.450.270.660.570.27
Net GEX97.6K3.8K240.4K198.9K9.8K
Net DEX-669.7K-4.4M2.1M-3.5M2.1M
Net VEX-24.7K-30.4K-17.4K-30.4K-17.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.860.1125.001.180.43
Total Volume279.04552811285250
Total OI11,118.54510,45911,68411,18610,678

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$18.30$18.0026.5%7.6%11.2%43.1%25.2%2.7%-6.3%198.9K-3.5M-30.4K1.18108.51N/AN/A1311546,6194,567
2019-05-02$18.23$18.0022.1%6.3%11.1%28.4%23.6%4.6%-1.7%194.2K-3.2M-29.6K0.34114.05N/AN/A265906,5814,650
2019-05-03$18.55$18.0012.0%3.4%12.4%0.0%22.4%12.4%7.8%240.4K-4.4M-29.7K1.2695.56N/AN/A1111406,6494,626
2019-05-06$18.37$18.0024.3%5.9%13.2%38.9%20.6%5.2%1.5%223.3K-3.4M-28.9K0.2556.75N/AN/A273686,6534,593
2019-05-07$17.93$18.0026.1%6.6%16.1%44.3%23.3%4.5%-0.7%166.9K-1.9M-28.4K0.3280.57N/AN/A266866,7764,628
2019-05-08$18.21$18.0024.6%6.2%16.8%39.9%21.9%5.9%0.7%227.1K-3.2M-29.1K0.3063.00N/AN/A3501066,7784,689
2019-05-09$18.04$18.0025.2%6.4%17.1%41.5%22.3%3.9%-0.1%195.3K-2.2M-28.2K1.2381.33N/AN/A1611986,8224,704
2019-05-10$17.73$18.0019.9%6.1%17.9%25.0%21.5%3.3%0.8%151.5K-1.0M-26.5K0.8579.51N/AN/A1641396,8784,806
2019-05-13$17.13$18.0033.9%7.0%21.0%69.1%0.0%6.7%-0.5%30.8K762.6K-23.4K0.1184.76N/AN/A343386,8784,806
2019-05-14$17.53$18.0018.8%6.0%22.9%21.5%20.5%7.0%1.1%99.8K-198.1K-25.4K0.4485.37N/AN/A5642476,6634,845
2019-05-15$17.52$18.0021.8%6.2%22.5%30.8%21.8%7.9%-0.3%83.4K-2.6K-25.2K0.2583.49N/AN/A122306,6824,868
2019-05-16$17.55$18.0021.1%6.0%22.1%28.5%21.2%7.2%1.3%89.4K-35.4K-25.0K1.4888.12N/AN/A56836,7314,874
2019-05-17$17.30$18.0022.1%6.3%22.4%32.0%21.1%3.7%0.7%35.1K763.1K-23.1K1.5286.16N/AN/A661006,7364,867
2019-05-20$17.22$18.0023.0%6.6%22.4%34.6%21.2%3.6%-0.6%15.8K861.6K-22.1K0.9363.76N/AN/A72675,9514,508
2019-05-21$17.72$18.0019.9%5.7%25.0%24.8%20.1%5.9%1.1%62.6K-828.3K-24.2K0.5367.09N/AN/A2171156,0044,514
2019-05-22$17.59$18.0019.5%5.6%24.8%23.6%20.9%5.6%-0.1%50.7K-452.7K-24.0K0.6773.82N/AN/A124836,1124,526
2019-05-23$17.13$18.0022.5%6.4%26.2%33.1%22.5%3.2%0.3%19.2K1.1M-21.2K0.9478.32N/AN/A1321246,1144,537
2019-05-24$17.34$18.0022.6%6.5%26.7%33.3%20.9%4.9%-0.8%30.1K356.7K-22.6K1.1972.42N/AN/A1081286,1204,554
2019-05-28$17.20$18.0022.9%6.6%26.7%34.4%20.0%2.3%0.3%12.8K989.7K-20.6K25.0078.70N/AN/A2506,0804,602
2019-05-29$17.15$18.0023.1%6.6%26.2%35.1%20.6%11.2%-0.3%6.2K1.3M-19.7K0.9566.54N/AN/A75716,0824,596
2019-05-30$17.12$18.0022.1%6.3%26.2%31.7%18.4%3.9%1.0%3.8K1.3M-19.5K0.7266.65N/AN/A99716,0554,606
2019-05-31$16.80$18.0022.7%6.5%26.7%33.9%22.7%3.3%0.2%9.8K2.1M-17.4K0.4365.70N/AN/A175756,0724,606