MFC Options History — September 2019

In September 2019, MFC traded between $16.34 and $18.45. ATM implied volatility averaged 20.7%, placing in the 32.0% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 0.1% (HV 20d: 20.6%). Max pain ranged from $17.00 to $17.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 1.64.

Notable Days

  • 2019-09-10: Highest Volume — 1,303 contracts
  • 2019-09-04: Largest IV drop — 28.1% change
  • 2019-09-03: Highest IV Rank — 55.2%
  • 2019-09-03: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.91$16.34$18.45$16.34$18.38
Max Pain$17.00$17.00$17.00$17.00$17.00
ATM IV20.7%18.3%28.5%28.5%19.3%
Expected Move6.0%5.4%8.2%8.2%5.5%
HV 20d20.6%17.6%24.4%21.0%17.7%
HV 60d20.1%18.7%20.6%18.7%20.3%
IV Rank32.0%25.0%55.2%55.2%27.9%
IV Percentile25.7%6.3%73.8%73.8%12.3%
Term Structure2.0%-2.1%4.8%-2.1%2.7%
VWIV19.6%11.8%27.1%27.1%16.8%
Skew 25d3.7%-1.1%8.7%2.0%1.4%
Skew 10d2.4%-7.6%13.1%-5.9%-3.4%
Call IV 25d18.9%14.2%24.7%24.7%17.1%
Put IV 25d22.6%17.4%27.1%26.7%18.5%
Bid-Ask Spread %81.6865.64104.7675.2573.57
Gamma HHI0.380.290.540.490.33
Net GEX199.9K97.5K310.6K182.0K167.0K
Net DEX-3.4M-5.3M-433.3K-433.3K-2.8M
Net VEX-12.7K-17.2K-10.9K-12.1K-16.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.640.0023.001.390.32
Total Volume276.85171,303170217
Total OI7,099.653,8208,4758,3595,123

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-09-03$16.34$17.0028.5%8.2%21.0%55.2%27.1%2.0%-2.1%182.0K-433.3K-12.1K1.3975.25N/AN/A71996,4271,932
2019-09-04$16.55$17.0020.5%5.9%21.5%31.5%22.1%6.7%2.0%233.3K-975.8K-12.7K0.3172.43N/AN/A1346,4331,961
2019-09-05$17.12$17.0023.1%6.5%24.4%39.1%20.6%6.6%1.8%299.5K-2.7M-13.6K0.1575.50N/AN/A122186,4361,960
2019-09-06$17.21$17.0020.3%6.4%23.0%31.0%20.3%5.1%1.5%297.7K-2.7M-12.8K0.0067.60N/AN/A4306,2081,954
2019-09-09$17.55$17.0018.7%5.5%23.9%26.1%19.2%7.3%2.6%278.7K-3.8M-12.1K0.0165.64N/AN/A26026,2201,955
2019-09-10$17.84$17.0018.3%5.9%23.7%25.0%0.0%3.9%2.4%310.6K-4.8M-11.8K0.0680.63N/AN/A1,232716,3131,955
2019-09-11$18.01$17.0020.2%5.8%23.3%30.7%19.8%4.0%1.5%259.8K-4.8M-11.9K0.0688.52N/AN/A472286,1041,974
2019-09-12$18.14$17.0019.4%5.6%21.3%28.3%18.5%2.3%3.3%262.7K-4.8M-11.5K0.1693.26N/AN/A178295,9131,963
2019-09-13$18.23$17.0019.4%5.6%21.1%28.1%18.6%3.5%2.7%255.4K-5.1M-11.4K0.3885.87N/AN/A34135,9441,973
2019-09-16$18.23$17.0020.9%6.0%20.8%32.7%18.2%3.6%1.7%206.8K-5.0M-10.9K0.6393.55N/AN/A1691075,9611,962
2019-09-17$18.34$17.0020.6%5.9%20.5%31.7%17.5%5.1%1.4%150.8K-5.2M-11.2K0.1775.22N/AN/A138236,0752,021
2019-09-18$18.24$17.0021.1%6.0%20.1%33.2%24.1%3.2%1.7%147.3K-4.8M-12.3K23.00103.44N/AN/A1236,2012,243
2019-09-19$18.45$17.0021.3%6.1%19.8%33.8%21.6%0.2%1.7%242.3K-5.3M-11.6K0.10104.76N/AN/A144146,2002,189
2019-09-20$18.45$17.0018.7%5.4%19.5%26.2%17.5%1.0%4.8%98.1K-5.3M-11.8K0.03103.38N/AN/A479136,2872,188
2019-09-23$18.43$17.0020.1%5.8%17.6%30.3%19.0%3.3%2.5%99.9K-1.7M-11.5K0.0174.51N/AN/A14812,6061,214
2019-09-24$18.23$17.0020.8%6.0%18.6%32.4%11.8%-1.1%2.6%97.5K-1.5M-12.0K0.9570.99N/AN/A63602,7091,215
2019-09-25$18.24$17.0019.8%5.7%17.6%29.5%20.0%3.6%2.8%102.8K-1.5M-12.1K0.0473.36N/AN/A1,141472,7711,218
2019-09-26$18.12$17.0020.9%6.0%18.1%32.6%20.1%8.7%1.6%153.0K-2.4M-17.1K4.6086.21N/AN/A5233,8631,217
2019-09-27$18.20$17.0021.7%6.2%17.6%35.0%0.0%3.8%1.0%153.6K-2.5M-17.2K0.4569.94N/AN/A22103,8661,239
2019-09-30$18.38$17.0019.3%5.5%17.7%27.9%16.8%1.4%2.7%167.0K-2.8M-16.9K0.3273.57N/AN/A165523,8841,239