MFC Options History — August 2019

In August 2019, MFC traded between $16.20 and $17.48. ATM implied volatility averaged 26.9%, placing in the 50.5% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 4.3% (HV 20d: 22.7%). Max pain ranged from $17.00 to $19.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 7.99.

Notable Days

  • 2019-08-05: Highest Volume — 2,191 contracts
  • 2019-08-08: Largest IV drop — 33.2% change
  • 2019-08-07: Highest IV Rank — 84.4%
  • 2019-08-01: Largest Expected Move — 8.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.63$16.20$17.48$17.48$16.60
Max Pain$17.18$17.00$19.00$19.00$17.00
ATM IV26.9%21.3%38.4%30.0%21.9%
Expected Move7.3%6.1%8.6%8.6%6.3%
HV 20d22.7%16.4%25.6%16.4%23.3%
HV 60d19.8%18.2%21.3%20.2%18.6%
IV Rank50.5%33.9%84.4%59.4%35.7%
IV Percentile64.9%36.5%98.8%80.2%38.9%
Term Structure-1.0%-7.6%1.2%-7.6%0.2%
VWIV24.4%16.1%27.6%25.9%16.1%
Skew 25d5.0%1.9%13.2%2.4%3.8%
Skew 10d7.7%-4.8%17.7%0.9%3.5%
Call IV 25d22.9%17.2%26.8%23.5%20.4%
Put IV 25d27.9%24.1%32.6%25.9%24.2%
Bid-Ask Spread %71.1055.15102.26102.2678.99
Gamma HHI0.490.310.680.460.53
Net GEX223.8K40.0K487.3K98.6K226.1K
Net DEX-521.9K-1.8M1.6M319.4K-1.1M
Net VEX-14.1K-16.9K-11.0K-13.4K-13.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.990.00165.000.411.60
Total Volume328.86422,19154278
Total OI8,892.7737,28210,8947,2828,335

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$17.48$19.0030.0%8.6%16.4%59.4%25.9%2.4%-7.6%98.6K319.4K-13.4K0.41102.26N/AN/A3841584,8252,457
2019-08-02$17.12$19.0028.8%8.3%17.4%56.0%24.5%13.2%-5.2%63.7K1.0M-12.1K0.0794.16N/AN/A733534,8682,547
2019-08-05$16.57$17.0034.0%7.7%20.0%71.2%26.7%4.3%-2.2%40.0K1.6M-11.0K0.0476.81N/AN/A2,117744,7612,574
2019-08-06$16.62$17.0033.8%7.5%19.5%70.7%25.8%7.0%-2.1%211.8K381.8K-14.2K0.0778.33N/AN/A640426,8092,603
2019-08-07$16.47$17.0038.4%8.1%19.1%84.4%27.6%4.8%-1.1%253.2K289.0K-14.5K0.0683.22N/AN/A585347,3892,620
2019-08-08$16.87$17.0025.7%7.1%21.7%46.8%25.4%5.7%-0.6%440.9K-1.2M-16.9K0.1582.66N/AN/A462688,2632,631
2019-08-09$16.84$17.0024.1%6.7%21.5%42.1%0.0%3.2%0.3%418.0K-1.6M-16.4K0.9280.55N/AN/A1111027,9422,120
2019-08-12$16.62$17.0031.2%7.3%21.7%63.1%24.9%4.9%-0.1%332.8K-734.2K-15.1K0.2058.64N/AN/A49107,9072,219
2019-08-13$16.89$17.0027.6%7.1%22.9%52.3%24.8%3.6%-0.5%487.3K-1.8M-16.1K0.3175.09N/AN/A68217,9522,229
2019-08-14$16.52$17.0025.4%7.3%23.7%45.9%26.1%3.7%-0.3%289.9K-291.5K-14.7K165.0080.82N/AN/A23307,9552,235
2019-08-15$16.46$17.0027.5%7.9%23.3%52.2%24.5%3.5%-1.5%175.9K-73.3K-14.2K1.0075.80N/AN/A117,9502,321
2019-08-16$16.71$17.0025.2%7.2%24.2%45.2%25.0%8.7%-1.4%186.9K-479.1K-14.5K0.9977.27N/AN/A79787,9522,308
2019-08-19$16.62$17.0022.2%6.4%24.1%36.5%22.4%7.0%0.3%199.6K-1.1M-13.7K0.1255.15N/AN/A248296,1121,875
2019-08-20$16.44$17.0025.1%7.2%24.0%45.2%22.8%6.5%0.6%183.8K-967.9K-13.7K3.5156.82N/AN/A682396,2521,718
2019-08-21$16.71$17.0021.3%6.1%25.2%33.9%21.2%3.7%1.2%217.3K-1.4M-14.9K0.3356.28N/AN/A1246,2771,900
2019-08-22$16.63$17.0022.7%6.5%25.1%38.1%22.8%1.9%-0.7%208.0K-1.3M-14.7K0.0155.96N/AN/A10516,2891,904
2019-08-23$16.32$17.0025.3%7.3%25.2%45.8%24.5%4.6%0.8%172.4K-644.0K-13.8K0.1258.68N/AN/A5266,3941,905
2019-08-26$16.39$17.0025.8%7.4%25.4%47.2%23.8%6.3%-0.3%188.1K-754.8K-13.4K0.0063.56N/AN/A1006,3851,903
2019-08-27$16.20$17.0026.9%7.7%25.4%50.2%25.8%3.0%-1.2%152.6K-262.2K-12.4K0.6258.37N/AN/A26166,3941,903
2019-08-28$16.24$17.0026.7%7.7%25.6%49.9%26.8%5.2%-0.1%168.2K-417.8K-12.8K0.2058.23N/AN/A516,4071,919
2019-08-29$16.51$17.0023.2%6.6%24.1%39.4%16.1%3.7%-0.7%208.0K-964.7K-13.3K0.0856.59N/AN/A123106,4121,920
2019-08-30$16.60$17.0021.9%6.3%23.3%35.7%0.0%3.8%0.2%226.1K-1.1M-13.4K1.6078.99N/AN/A30486,4151,920