MFC Options History — June 2019

In June 2019, MFC traded between $16.95 and $18.19. ATM implied volatility averaged 20.7%, placing in the 27.6% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded below realized volatility by 2.3% (HV 20d: 23.0%). Max pain ranged from $17.00 to $18.00. Net GEX was positive for 8 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.87.

Notable Days

  • 2019-06-25: Highest Volume — 851 contracts
  • 2019-06-04: Largest IV drop — 13.7% change
  • 2019-06-03: Highest IV Rank — 37.9%
  • 2019-06-03: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.76$16.95$18.19$16.95$18.19
Max Pain$17.15$17.00$18.00$18.00$17.00
ATM IV20.7%18.7%24.0%24.0%18.7%
Expected Move5.9%5.4%6.9%6.9%5.4%
HV 20d23.0%16.7%29.2%26.0%16.7%
HV 60d21.6%19.8%23.2%22.1%19.8%
IV Rank27.6%21.2%37.9%37.9%21.2%
IV Percentile35.6%16.7%57.9%57.9%16.7%
Term Structure1.1%-1.5%3.3%-1.5%3.0%
VWIV20.7%15.7%28.1%28.1%16.6%
Skew 25d5.9%2.7%10.2%9.5%4.8%
Skew 10d5.2%-2.5%13.9%11.5%-0.9%
Call IV 25d16.9%12.0%20.5%17.5%12.0%
Put IV 25d22.7%16.9%27.0%27.0%16.9%
Bid-Ask Spread %78.3060.08116.2366.2363.49
Gamma HHI0.460.290.700.290.57
Net GEX-46.6K-663.9K211.5K3.6K211.5K
Net DEX-644.0K-2.8M2.0M2.0M-2.7M
Net VEX-17.7K-20.6K-14.9K-16.7K-18.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.870.022.970.282.97
Total Volume232.0540851104310
Total OI9,452.75,23710,95310,6135,988

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-06-03$16.95$18.0024.0%6.9%26.0%37.9%28.1%9.5%-1.5%3.6K2.0M-16.7K0.2866.23N/AN/A81236,0004,613
2019-06-04$17.53$18.0020.7%5.9%29.2%27.6%23.8%2.9%-0.4%-10.8K306.4K-20.0K0.2964.21N/AN/A83246,0574,615
2019-06-05$17.62$18.0021.0%6.0%28.1%28.3%22.0%5.3%-0.6%-3.6K-30.5K-20.3K0.3760.08N/AN/A93346,0554,623
2019-06-06$17.71$17.0019.6%5.7%27.5%23.8%16.2%7.6%1.5%-37.7K-213.1K-20.0K0.3984.83N/AN/A94376,0654,623
2019-06-07$17.85$17.0020.1%5.6%27.6%25.6%17.1%4.8%1.5%-20.3K-992.5K-20.6K0.5877.85N/AN/A148866,0654,623
2019-06-10$17.80$17.0020.2%5.8%26.9%26.0%21.9%2.7%1.5%-71.8K-562.0K-18.9K0.3881.89N/AN/A29116,0964,573
2019-06-11$17.72$17.0021.4%5.8%23.6%29.8%22.1%3.4%1.1%-68.6K-385.5K-18.7K1.6088.68N/AN/A50806,0844,583
2019-06-12$17.38$17.0022.4%6.4%23.4%33.0%21.9%5.0%1.1%-27.9K1.1M-16.2K1.5683.23N/AN/A52816,0754,590
2019-06-13$17.37$17.0022.2%6.4%23.4%32.2%21.6%5.1%1.1%-43.3K1.1M-16.7K1.0068.31N/AN/A40406,0764,650
2019-06-14$17.41$17.0022.3%6.4%23.4%32.4%23.4%5.7%0.6%51.2K1.4M-15.4K0.6884.40N/AN/A72496,0734,632
2019-06-17$17.37$17.0021.6%6.2%22.8%30.2%0.0%5.6%1.4%84.5K1.5M-14.9K0.0286.96N/AN/A4116,1054,635
2019-06-18$17.72$17.0020.5%5.9%23.8%26.8%20.4%7.8%0.6%-239.6K371.6K-16.1K0.1090.50N/AN/A7986,0984,635
2019-06-19$17.85$17.0019.8%5.7%21.6%24.7%20.2%6.4%1.2%-283.1K-451.2K-16.7K0.18116.23N/AN/A181326,0974,639
2019-06-20$18.12$17.0019.6%5.6%22.0%23.9%22.0%10.2%1.3%-663.9K-2.5M-16.7K0.1391.77N/AN/A178246,1224,636
2019-06-21$18.12$17.0020.2%5.8%19.4%25.7%21.1%4.1%0.0%-520.5K-2.8M-17.0K0.1794.26N/AN/A7271216,3124,641
2019-06-24$18.09$17.0021.1%6.0%19.1%28.7%0.0%9.5%1.8%151.7K-2.4M-16.9K1.6264.57N/AN/A26423,8001,437
2019-06-25$18.11$17.0020.5%5.9%18.8%26.8%0.0%3.9%1.6%149.6K-2.4M-16.8K0.4872.56N/AN/A5762753,8101,469
2019-06-26$18.16$17.0019.5%5.6%18.7%23.6%17.8%3.3%2.0%201.3K-2.7M-18.3K2.4162.64N/AN/A1142754,3631,542
2019-06-27$18.19$17.0019.2%5.5%18.6%22.7%15.7%10.0%3.3%206.2K-2.6M-18.2K2.1663.29N/AN/A1342904,4121,542
2019-06-28$18.19$17.0018.7%5.4%16.7%21.2%16.6%4.8%3.0%211.5K-2.7M-18.3K2.9763.49N/AN/A782324,4311,557