MFC Options History — November 2019

In November 2019, MFC traded between $18.87 and $19.88. ATM implied volatility averaged 19.5%, placing in the 32.0% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 6.0% (HV 20d: 13.5%). Max pain ranged from $18.00 to $18.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 1.78.

Notable Days

  • 2019-11-15: Highest Volume — 2,628 contracts
  • 2019-11-12: Largest IV spike — 36.9% change
  • 2019-11-06: Highest IV Rank — 63.6%
  • 2019-11-01: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.53$18.87$19.88$18.87$19.69
Max Pain$18.00$18.00$18.00$18.00$18.00
ATM IV19.5%13.2%30.1%24.2%16.3%
Expected Move5.3%4.4%6.9%6.9%4.7%
HV 20d13.5%12.0%17.3%17.1%12.4%
HV 60d18.9%16.8%20.4%20.3%16.8%
IV Rank32.0%11.3%63.6%45.1%22.0%
IV Percentile22.6%1.2%86.1%59.5%4.0%
Term Structure0.8%-2.5%3.4%-2.5%0.2%
VWIV17.9%11.9%24.3%24.3%16.4%
Skew 25d3.6%0.8%7.2%0.8%1.6%
Skew 10d6.0%-4.0%24.3%-4.0%1.7%
Call IV 25d16.3%13.4%25.7%25.7%16.0%
Put IV 25d19.9%16.9%26.4%26.4%17.6%
Bid-Ask Spread %43.5110.87103.91103.9114.76
Gamma HHI0.340.280.430.280.43
Net GEX358.8K233.2K398.0K233.2K398.0K
Net DEX-6.6M-8.5M-4.2M-4.2M-6.6M
Net VEX-22.0K-28.3K-16.5K-19.1K-26.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.780.0029.330.000.74
Total Volume397.95122,62841740
Total OI8,579.957,1629,4227,1629,422

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-11-01$18.87$18.0024.2%6.9%17.1%45.1%24.3%0.8%-2.5%233.2K-4.2M-19.1K0.00103.91N/AN/A41704,9282,234
2019-11-04$19.10$18.0027.2%6.1%17.3%54.5%20.9%1.5%0.0%304.8K-5.2M-18.6K0.2479.87N/AN/A110265,3362,234
2019-11-05$19.22$18.0028.6%6.1%15.4%59.0%20.1%3.7%0.4%299.9K-5.6M-18.2K0.0583.54N/AN/A19395,3412,237
2019-11-06$19.26$18.0030.1%6.3%15.3%63.6%21.2%5.3%-0.4%315.5K-5.7M-18.8K0.1981.92N/AN/A383745,4592,240
2019-11-07$19.55$18.0022.1%5.4%15.7%42.0%18.9%1.8%1.5%357.7K-7.0M-17.4K0.1195.81N/AN/A506545,6902,305
2019-11-08$19.73$18.0017.9%5.0%12.6%27.6%18.2%7.2%2.6%368.8K-7.6M-16.7K0.0080.40N/AN/A50725,7192,294
2019-11-11$19.70$18.0013.2%4.8%12.3%11.3%17.5%5.0%2.3%382.8K-7.9M-17.5K0.0327.05N/AN/A20266,0282,292
2019-11-12$19.88$18.0018.0%5.0%12.0%27.9%17.5%0.8%3.3%390.0K-8.5M-16.5K0.1214.21N/AN/A9691216,0462,293
2019-11-13$19.82$18.0017.3%5.0%12.2%25.6%17.4%4.9%2.5%381.9K-8.3M-19.8K0.0012.33N/AN/A1206,6582,412
2019-11-14$19.78$18.0016.5%4.7%12.4%22.8%16.4%4.7%3.2%391.4K-8.2M-19.5K0.3410.87N/AN/A137466,6552,412
2019-11-15$19.84$18.0015.5%4.4%12.2%19.3%11.9%4.8%3.4%393.9K-8.5M-18.5K0.0719.11N/AN/A2,4621666,6422,439
2019-11-18$19.65$18.0016.2%4.6%12.7%21.5%16.5%5.6%1.6%370.1K-6.8M-25.0K2.1614.82N/AN/A681476,4092,035
2019-11-19$19.64$18.0016.8%4.8%12.7%23.8%16.2%4.2%0.4%375.8K-6.7M-25.3K0.5551.37N/AN/A158876,4712,116
2019-11-20$19.44$18.0019.2%5.5%13.5%31.8%20.1%4.7%-0.4%369.4K-6.1M-25.9K29.3312.63N/AN/A185286,5562,203
2019-11-21$19.41$18.0019.8%5.7%13.0%34.1%17.8%4.8%-0.4%348.1K-5.6M-28.3K0.3567.47N/AN/A1766,5512,693
2019-11-22$19.38$18.0019.0%5.4%12.8%31.2%15.7%1.4%-1.2%354.0K-5.6M-27.8K0.6311.36N/AN/A54346,5472,694
2019-11-25$19.61$18.0016.6%4.8%12.9%23.1%0.0%3.2%-0.3%379.8K-6.4M-27.0K0.2957.16N/AN/A34106,5932,728
2019-11-26$19.45$18.0018.8%5.4%13.2%30.6%17.1%1.9%0.0%373.2K-5.8M-26.9K0.0019.77N/AN/A1306,5972,738
2019-11-27$19.60$18.0016.4%4.7%12.9%22.5%16.7%3.3%0.2%388.5K-6.4M-26.9K0.3011.88N/AN/A263806,6142,738
2019-11-29$19.69$18.0016.3%4.7%12.4%22.0%16.4%1.6%0.2%398.0K-6.6M-26.4K0.7414.76N/AN/A23176,6192,803