MFC Options History — July 2019

In July 2019, MFC traded between $18.11 and $18.72. ATM implied volatility averaged 20.0%, placing in the 29.3% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 8.1% (HV 20d: 11.9%). Max pain ranged from $18.00 to $19.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 1.53.

Notable Days

  • 2019-07-10: Highest Volume — 785 contracts
  • 2019-07-05: Largest IV drop — 46.7% change
  • 2019-07-31: Highest IV Rank — 46.4%
  • 2019-07-31: Largest Expected Move — 7.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.47$18.11$18.72$18.32$18.11
Max Pain$18.86$18.00$19.00$18.00$19.00
ATM IV20.0%9.8%25.6%18.0%25.6%
Expected Move6.0%3.8%7.3%5.2%7.3%
HV 20d11.9%9.5%16.7%16.7%11.0%
HV 60d19.8%19.5%20.1%19.8%19.5%
IV Rank29.3%0.0%46.4%19.0%46.4%
IV Percentile33.9%0.0%63.1%11.1%63.1%
Term Structure-0.8%-4.8%4.5%4.5%-4.8%
VWIV21.0%17.7%25.0%18.0%25.0%
Skew 25d5.5%0.2%11.1%4.2%11.1%
Skew 10d6.6%-6.2%14.4%-6.2%7.5%
Call IV 25d17.2%10.9%22.9%12.9%17.6%
Put IV 25d22.7%17.0%28.6%17.0%28.6%
Bid-Ask Spread %88.3166.15100.3768.3597.26
Gamma HHI0.590.530.670.610.55
Net GEX201.2K166.3K249.9K223.4K166.3K
Net DEX-2.5M-3.6M-1.0M-2.9M-1.0M
Net VEX-17.9K-19.1K-15.8K-18.0K-15.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.530.217.386.120.21
Total Volume295.534785242443
Total OI6,868.3186,0827,2676,0827,267

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-07-01$18.32$18.0018.0%5.2%16.7%19.0%18.0%4.2%4.5%223.4K-2.9M-18.0K6.1268.35N/AN/A342084,4431,639
2019-07-02$18.54$18.0013.2%3.8%12.9%3.7%17.7%2.1%4.2%216.6K-3.1M-18.8K0.4867.01N/AN/A66324,4481,838
2019-07-03$18.48$18.0018.4%5.3%13.0%20.3%18.5%7.3%2.6%213.5K-3.1M-18.6K0.4366.15N/AN/A115494,4481,848
2019-07-05$18.55$19.009.8%5.7%13.0%0.0%21.3%6.4%-0.1%231.5K-3.2M-18.1K0.4287.03N/AN/A116494,4591,743
2019-07-08$18.55$19.0011.1%5.9%12.9%3.6%20.7%7.0%-0.8%237.1K-3.2M-17.7K1.5086.54N/AN/A18274,4591,747
2019-07-09$18.72$19.0015.7%5.7%13.0%17.3%19.7%8.7%-0.7%249.9K-3.6M-17.7K0.2186.47N/AN/A208434,4751,774
2019-07-10$18.39$19.0021.4%6.1%14.7%34.1%20.5%6.3%-1.4%247.2K-3.0M-18.0K3.5488.69N/AN/A1736124,6721,810
2019-07-11$18.38$19.0022.2%6.4%12.4%36.4%19.5%5.7%-1.2%193.8K-2.2M-19.1K5.6191.21N/AN/A1096124,8262,395
2019-07-12$18.45$19.0021.9%6.3%12.4%35.7%20.4%5.7%-1.6%186.3K-2.3M-19.1K7.3889.61N/AN/A846204,7962,395
2019-07-15$18.44$19.0022.8%6.5%12.4%38.2%20.0%7.2%-1.4%202.9K-2.4M-18.6K1.4385.59N/AN/A14204,8062,390
2019-07-16$18.46$19.0021.6%6.2%12.3%34.8%21.3%6.3%-0.8%180.2K-2.4M-18.5K1.5086.52N/AN/A20304,8022,400
2019-07-17$18.41$19.0022.8%6.5%10.7%38.2%21.9%4.5%-2.0%179.2K-2.3M-18.0K0.4390.22N/AN/A88384,7912,410
2019-07-18$18.53$19.0019.6%5.6%10.6%28.9%19.3%6.8%-0.4%209.5K-2.5M-18.3K0.5093.05N/AN/A78394,7902,412
2019-07-19$18.64$19.0020.2%5.8%9.6%30.7%20.3%3.7%-1.1%185.4K-2.8M-18.3K1.4892.96N/AN/A1011494,7902,403
2019-07-22$18.63$19.0020.9%6.0%9.6%32.7%20.9%8.6%-1.0%181.3K-2.7M-17.8K0.3297.67N/AN/A3331084,5682,320
2019-07-23$18.63$19.0021.8%6.3%9.5%35.4%23.2%3.8%-1.9%194.1K-2.7M-18.4K0.4693.66N/AN/A2561184,7142,361
2019-07-24$18.65$19.0020.2%5.8%9.5%30.6%22.8%5.8%-1.3%195.7K-2.6M-18.2K0.37100.37N/AN/A2891074,7252,378
2019-07-25$18.40$19.0023.5%6.7%10.9%40.2%23.2%0.8%-2.8%182.5K-2.0M-17.5K0.2893.57N/AN/A306854,7212,382
2019-07-26$18.51$19.0020.4%5.8%11.1%31.1%23.6%2.8%0.0%195.0K-2.2M-17.6K0.3192.62N/AN/A291904,7272,409
2019-07-29$18.39$19.0025.3%7.3%11.4%45.6%21.8%0.2%-4.0%183.5K-2.0M-16.9K0.2196.13N/AN/A52114,7272,409
2019-07-30$18.18$19.0023.6%6.8%11.8%40.6%23.5%5.3%-1.6%172.1K-1.2M-16.0K0.4392.21N/AN/A182784,7762,410
2019-07-31$18.11$19.0025.6%7.3%11.0%46.4%25.0%11.1%-4.8%166.3K-1.0M-15.8K0.2197.26N/AN/A365784,8102,457