MFC Options History — April 2021

In April 2021, MFC traded between $20.98 and $21.95. ATM implied volatility averaged 19.9%, placing in the 13.4% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 4.4% (HV 20d: 15.5%). Max pain ranged from $21.00 to $21.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.89.

Notable Days

  • 2021-04-13: Highest Volume — 1,191 contracts
  • 2021-04-12: Largest IV spike — 50.6% change
  • 2021-04-29: Highest IV Rank — 23.4%
  • 2021-04-29: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.57$20.98$21.95$21.70$21.81
Max Pain$21.00$21.00$21.00$21.00$21.00
ATM IV19.9%11.3%24.0%17.0%22.8%
Expected Move6.2%4.9%6.9%4.9%6.5%
HV 20d15.5%13.4%20.0%20.0%17.0%
HV 60d22.4%20.7%24.2%24.2%20.8%
IV Rank13.4%0.0%23.4%0.0%21.2%
IV Percentile6.7%0.0%17.5%0.0%14.3%
Term Structure-1.7%-5.0%4.6%4.6%-4.0%
VWIV22.3%17.1%26.5%17.1%23.5%
Skew 25d4.6%2.5%8.2%4.0%7.6%
Skew 10d11.2%3.7%18.7%6.2%14.7%
Call IV 25d19.5%15.2%22.1%15.2%17.9%
Put IV 25d24.1%19.2%26.4%19.2%25.5%
Bid-Ask Spread %57.3527.0594.8276.8779.40
Gamma HHI0.340.200.620.430.29
Net GEX1.6M208.7K4.5M2.7M809.8K
Net DEX-30.1M-39.7M-19.3M-35.8M-32.8M
Net VEX-157.1K-215.8K-94.2K-190.7K-94.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.014.360.350.28
Total Volume413.952671,191248298
Total OI91,721.71484,15598,36297,95885,346

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$21.70$21.0017.0%4.9%20.0%0.0%17.1%4.0%4.6%2.7M-35.8M-190.7K0.3576.87N/AN/A1846436,40861,550
2021-04-05$21.88$21.0017.8%6.3%15.2%1.5%26.5%5.0%-0.2%3.3M-38.3M-215.8K1.3859.19N/AN/A15821836,44161,534
2021-04-06$21.77$21.0018.8%5.9%14.2%3.4%22.9%5.3%0.7%3.1M-39.0M-170.0K0.0440.09N/AN/A110436,43961,746
2021-04-07$21.66$21.0012.7%6.3%13.9%0.0%18.9%4.3%-0.6%3.3M-34.1M-176.5K0.2274.85N/AN/A46510136,43761,750
2021-04-08$21.55$21.0011.3%6.0%13.7%0.0%24.3%4.7%-0.6%3.0M-31.2M-181.6K1.9127.05N/AN/A234436,49061,849
2021-04-09$21.55$21.0012.2%6.0%13.4%1.5%0.0%3.0%-0.5%3.0M-34.1M-139.6K0.0194.82N/AN/A917536,50361,859
2021-04-12$21.88$21.0018.3%6.2%14.3%11.7%21.0%3.6%-1.9%4.5M-39.7M-155.3K0.0237.26N/AN/A418735,71361,860
2021-04-13$21.55$21.0021.2%6.2%14.6%16.4%23.4%4.7%-0.4%2.9M-31.7M-158.2K0.7344.75N/AN/A68750435,69861,859
2021-04-14$21.55$21.0021.2%6.1%14.6%16.4%21.9%3.7%-0.4%1.7M-26.1M-197.4K0.1746.82N/AN/A3295535,72361,885
2021-04-15$21.38$21.0022.6%6.5%14.3%18.8%22.5%5.3%-2.2%287.7K-28.2M-147.4K1.9164.79N/AN/A13125035,80661,923
2021-04-16$21.56$21.0020.1%5.7%14.5%14.6%19.8%3.5%-1.1%363.9K-31.9M-127.7K0.1244.67N/AN/A2743435,81561,857
2021-04-19$21.56$21.0021.3%6.1%14.5%16.7%21.3%3.2%-1.1%311.3K-27.2M-138.6K1.9942.75N/AN/A14128123,06861,087
2021-04-20$20.98$21.0022.5%6.4%16.9%18.6%24.3%5.0%-2.7%208.7K-20.6M-160.8K0.8742.79N/AN/A25321923,12161,358
2021-04-21$21.22$21.0022.6%6.5%15.7%18.8%21.5%4.2%-3.4%253.3K-25.6M-134.2K0.2171.12N/AN/A1653423,24061,493
2021-04-22$21.05$21.0022.2%6.4%15.8%18.7%22.8%2.5%-2.2%284.2K-21.3M-163.3K0.2576.71N/AN/A1463723,32261,522
2021-04-23$21.31$21.0022.5%6.5%16.2%19.4%22.6%3.5%-3.4%341.3K-19.3M-200.4K1.5271.72N/AN/A467023,39461,556
2021-04-26$21.61$21.0021.9%6.3%16.9%19.6%22.2%8.2%-3.0%537.9K-23.3M-188.4K0.0944.56N/AN/A2612323,41361,621
2021-04-27$21.63$21.0022.2%6.4%16.9%20.1%23.0%3.8%-3.8%432.5K-27.4M-147.1K0.9632.22N/AN/A52650323,55061,641
2021-04-28$21.76$21.0022.8%6.5%16.7%21.2%22.4%7.8%-4.0%555.7K-31.9M-113.6K4.3679.33N/AN/A8637523,39361,640
2021-04-29$21.95$21.0024.0%6.9%17.0%23.4%24.9%3.3%-5.0%771.5K-33.4M-97.5K1.2352.52N/AN/A11113623,26461,982
2021-04-30$21.81$21.0022.8%6.5%17.0%21.2%23.5%7.6%-4.0%809.8K-32.8M-94.2K0.2879.40N/AN/A2336523,28562,061