MFC Options History — May 2021

In May 2021, MFC traded between $20.55 and $22.09. ATM implied volatility averaged 19.6%, placing in the 15.9% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded below realized volatility by 1.2% (HV 20d: 20.8%). Max pain ranged from $18.00 to $21.00. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.69.

Notable Days

  • 2021-05-14: Highest Volume — 2,440 contracts
  • 2021-05-11: Largest IV spike — 107.7% change
  • 2021-05-04: Highest IV Rank — 24.0%
  • 2021-05-04: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.18$20.55$22.09$22.02$20.93
Max Pain$19.75$18.00$21.00$21.00$21.00
ATM IV19.6%10.7%24.3%22.8%17.3%
Expected Move5.6%4.9%7.0%6.5%4.9%
HV 20d20.8%17.1%22.6%17.1%21.2%
HV 60d21.3%19.5%23.2%20.8%19.5%
IV Rank15.9%0.0%24.0%21.3%11.9%
IV Percentile6.4%0.0%19.0%15.1%2.8%
Term Structure0.4%-5.1%2.9%-5.0%1.4%
VWIV19.2%14.1%23.2%21.9%17.4%
Skew 25d4.3%0.0%8.4%0.0%8.4%
Skew 10d13.9%1.0%73.4%21.0%11.2%
Call IV 25d17.6%12.4%22.6%22.6%12.4%
Put IV 25d21.9%19.4%24.5%22.6%20.9%
Bid-Ask Spread %44.6317.4988.3086.9423.29
Gamma HHI0.260.230.280.230.25
Net GEX249.5K-429.2K899.3K612.8K26.1K
Net DEX-15.5M-35.6M2.3M-33.5M-4.6M
Net VEX-136.2K-190.4K-84.5K-104.1K-148.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.047.180.110.05
Total Volume491.41112,440278364
Total OI82,928.3577,90286,69785,45380,955

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$22.02$21.0022.8%6.5%17.1%21.3%21.9%0.0%-5.0%612.8K-33.5M-104.1K0.1186.94N/AN/A2512723,33262,121
2021-05-04$21.71$21.0024.3%7.0%17.8%24.0%23.2%4.0%-5.1%651.3K-31.2M-98.7K0.5281.22N/AN/A21511123,29362,130
2021-05-05$22.09$21.0022.4%6.4%18.7%20.6%22.5%1.2%-4.5%899.3K-35.6M-84.5K0.0477.16N/AN/A125523,40462,166
2021-05-06$21.57$18.0021.8%5.0%20.6%19.3%17.8%4.5%0.3%595.6K-28.3M-125.8K0.1688.30N/AN/A5328623,50862,167
2021-05-07$21.30$18.0020.7%5.4%21.1%17.4%19.0%2.6%2.9%714.9K-20.0M-190.4K0.3224.38N/AN/A38012023,89462,194
2021-05-10$21.55$18.0010.7%5.0%20.7%0.0%14.4%4.9%2.1%676.2K-28.3M-129.6K0.1037.26N/AN/A5996024,01862,267
2021-05-11$21.18$18.0022.3%5.5%21.0%21.0%17.9%3.5%1.6%662.1K-26.5M-110.3K1.0919.81N/AN/A556024,20662,312
2021-05-12$21.10$18.0019.5%5.6%21.0%16.0%20.0%1.8%1.5%655.1K-25.3M-116.1K0.2837.07N/AN/A3169024,21762,342
2021-05-13$21.34$18.0019.7%5.6%21.3%16.3%18.5%3.2%2.0%628.7K-26.5M-124.1K0.4819.41N/AN/A974724,26662,431
2021-05-14$21.66$18.0017.2%4.9%21.7%11.7%14.1%6.1%1.6%784.3K-29.3M-106.7K0.0579.93N/AN/A2,32911123,35762,455
2021-05-17$21.28$21.0021.0%6.0%22.6%18.7%20.7%5.8%0.6%-66.2K-7.8M-132.5K0.6918.76N/AN/A17312015,46262,440
2021-05-18$21.11$21.0020.3%5.8%20.6%17.5%21.1%4.5%1.1%-128.8K-6.2M-142.4K0.5432.29N/AN/A723915,55362,458
2021-05-19$20.55$21.0021.4%6.1%22.3%19.4%20.8%3.2%0.4%-423.6K2.3M-173.7K7.1817.49N/AN/A5136615,55765,083
2021-05-20$20.66$20.0020.0%5.7%22.2%16.9%21.3%4.9%0.7%-429.2K479-162.2K0.1483.15N/AN/A3945715,57265,086
2021-05-21$20.63$20.0019.7%5.6%21.7%16.3%20.3%2.9%-0.2%-263.2K446.0K-170.3K0.6472.50N/AN/A1519715,78165,132
2021-05-24$20.76$20.0017.7%5.1%21.1%12.7%18.5%7.4%0.7%-182.5K-2.2M-153.8K0.2024.83N/AN/A2504915,02064,287
2021-05-25$20.60$20.0017.2%4.9%21.2%11.8%17.5%4.2%2.3%-223.8K-1.7M-150.4K0.7221.27N/AN/A23216715,19064,314
2021-05-26$20.65$21.0017.4%5.0%21.0%12.1%16.7%6.0%1.6%-219.7K-2.7M-144.7K0.1323.82N/AN/A1,31116615,31264,375
2021-05-27$20.88$21.0018.1%5.2%21.2%13.5%20.7%7.4%1.3%21.0K-4.0M-154.2K0.2923.71N/AN/A1193416,37064,540
2021-05-28$20.93$21.0017.3%4.9%21.2%11.9%17.4%8.4%1.4%26.1K-4.6M-148.8K0.0523.29N/AN/A3481616,39664,559