MFC Options History — October 2020

In October 2020, MFC traded between $13.38 and $14.78. ATM implied volatility averaged 34.5%, placing in the 23.0% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 8.3% (HV 20d: 26.3%). Max pain ranged from $14.00 to $15.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 4.31.

Notable Days

  • 2020-10-02: Highest Volume — 2,099 contracts
  • 2020-10-12: Largest IV spike — 49.7% change
  • 2020-10-28: Highest IV Rank — 33.8%
  • 2020-10-28: Largest Expected Move — 13.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.20$13.38$14.78$13.89$13.53
Max Pain$14.82$14.00$15.00$14.00$15.00
ATM IV34.5%19.3%45.8%29.7%41.2%
Expected Move10.5%8.5%13.1%8.5%11.8%
HV 20d26.3%21.9%29.8%29.7%26.9%
HV 60d26.8%26.1%28.5%26.7%26.1%
IV Rank23.0%8.1%33.8%18.2%29.4%
IV Percentile52.5%20.6%72.6%39.3%66.7%
Term Structure-1.6%-7.5%7.3%7.3%-1.1%
VWIV36.4%24.9%46.1%24.9%46.1%
Skew 25d7.8%4.2%16.3%11.1%7.4%
Skew 10d13.7%-8.6%32.7%15.0%32.7%
Call IV 25d31.8%20.1%40.8%23.6%40.1%
Put IV 25d39.6%34.7%47.5%34.7%47.5%
Bid-Ask Spread %61.9639.3089.3844.3466.78
Gamma HHI0.370.320.400.400.37
Net GEX-478.1K-563.1K-357.6K-474.3K-557.0K
Net DEX18.5M14.5M23.0M19.8M21.9M
Net VEX-187.5K-211.3K-171.9K-194.1K-180.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.310.1349.500.441.38
Total Volume313.091902,099229212
Total OI50,669.40948,23051,49548,23051,472

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$13.89$14.0029.7%8.5%29.7%18.2%24.9%11.1%7.3%-474.3K19.8M-194.1K0.4444.34N/AN/A159705,70242,528
2020-10-02$14.19$14.0032.2%9.2%29.3%20.7%32.2%16.3%5.2%-366.5K19.6M-211.3K0.9874.62N/AN/A1,0621,0375,69942,601
2020-10-05$14.43$14.0033.0%10.9%29.8%21.4%35.3%7.0%-0.3%-433.9K17.9M-200.4K0.7163.26N/AN/A89636,53043,635
2020-10-06$14.41$15.0032.3%11.1%28.9%20.8%38.7%6.4%-2.9%-412.9K17.7M-202.5K0.7142.03N/AN/A1611156,56343,690
2020-10-07$14.68$14.0027.3%10.0%28.1%15.9%34.7%6.0%-1.9%-528.7K16.0M-180.7K4.5058.48N/AN/A241086,65643,759
2020-10-08$14.65$15.0026.4%9.9%25.6%15.1%36.2%5.0%-1.0%-425.3K16.3M-194.1K8.9162.68N/AN/A585176,67143,857
2020-10-09$14.66$15.0019.3%9.2%25.5%8.1%33.9%7.3%0.5%-498.0K14.5M-173.9K1.4071.64N/AN/A60846,68944,099
2020-10-12$14.78$15.0028.8%9.5%25.2%17.4%34.9%9.0%-0.4%-478.0K14.6M-177.8K1.2879.23N/AN/A57736,67544,139
2020-10-13$14.36$15.0033.9%10.3%27.3%22.4%34.1%7.1%-3.4%-563.1K16.7M-171.9K1.8177.13N/AN/A1442616,68944,202
2020-10-14$14.22$15.0037.1%10.6%27.4%25.4%36.5%8.3%-3.2%-486.5K18.3M-186.1K2.0853.99N/AN/A1422966,80344,379
2020-10-15$14.16$15.0037.0%10.6%27.4%25.4%36.1%7.6%-5.2%-496.2K19.1M-194.7K9.1354.87N/AN/A302746,80444,443
2020-10-16$14.23$15.0036.6%10.5%27.5%25.0%35.1%9.3%-2.7%-472.3K18.5M-188.4K0.3266.81N/AN/A68226,81344,584
2020-10-19$14.02$15.0035.9%10.3%23.4%24.3%36.9%10.0%-0.8%-434.6K19.2M-192.2K5.2663.30N/AN/A532796,44144,070
2020-10-20$14.07$15.0037.1%10.6%23.5%25.4%36.3%6.2%-2.1%-442.9K18.8M-190.0K2.1356.50N/AN/A40856,42644,271
2020-10-21$14.07$15.0036.1%10.4%21.9%24.5%38.3%6.3%-1.9%-521.9K19.7M-183.0K1.5847.52N/AN/A691096,43444,326
2020-10-22$14.38$15.0037.8%10.8%23.0%26.2%31.7%11.7%-4.6%-500.3K17.9M-179.2K0.3366.97N/AN/A85286,46944,435
2020-10-23$14.59$15.0032.5%9.3%23.4%20.9%34.9%5.4%0.4%-479.8K16.9M-180.3K0.5884.36N/AN/A57336,52044,457
2020-10-26$14.14$15.0040.2%11.5%24.1%28.4%39.6%5.6%-3.9%-526.1K18.1M-174.2K49.5056.26N/AN/A62976,56944,485
2020-10-27$13.82$15.0037.9%10.9%24.6%26.2%38.4%8.4%-2.8%-532.6K21.2M-183.8K0.3039.30N/AN/A104316,56944,714
2020-10-28$13.38$15.0045.8%13.1%27.1%33.8%40.7%5.3%-7.5%-530.8K23.0M-183.2K0.1343.74N/AN/A258336,62244,742
2020-10-29$13.64$15.0041.8%12.0%28.1%30.0%44.8%4.2%-4.1%-357.6K21.6M-203.0K1.3389.38N/AN/A58776,73844,757
2020-10-30$13.53$15.0041.2%11.8%26.9%29.4%46.1%7.4%-1.1%-557.0K21.9M-180.2K1.3866.78N/AN/A891236,75844,714