MFC Options History — July 2021

In July 2021, MFC traded between $18.44 and $19.87. ATM implied volatility averaged 20.6%, placing in the 26.3% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded below realized volatility by 0.6% (HV 20d: 21.2%). Max pain ranged from $19.00 to $20.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 3.72.

Notable Days

  • 2021-07-30: Highest Volume — 11,259 contracts
  • 2021-07-07: Largest IV spike — 88.8% change
  • 2021-07-19: Highest IV Rank — 42.3%
  • 2021-07-19: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.20$18.44$19.87$19.87$19.30
Max Pain$19.57$19.00$20.00$20.00$19.00
ATM IV20.6%10.3%25.3%15.2%24.0%
Expected Move6.2%4.0%7.2%4.4%6.9%
HV 20d21.2%16.5%25.3%16.5%23.5%
HV 60d19.1%18.1%20.1%18.1%19.7%
IV Rank26.3%0.0%42.3%8.1%38.6%
IV Percentile24.6%0.0%43.7%1.6%42.1%
Term Structure-1.9%-4.5%4.8%4.0%-3.5%
VWIV20.5%12.5%25.1%15.2%19.0%
Skew 25d3.9%-1.9%9.2%5.9%2.8%
Skew 10d15.0%-1.3%38.2%8.5%27.0%
Call IV 25d19.6%14.4%23.7%14.5%22.2%
Put IV 25d23.5%12.5%27.1%20.4%25.0%
Bid-Ask Spread %61.2730.0294.6364.0482.33
Gamma HHI0.290.240.340.240.27
Net GEX-617.6K-881.4K-285.5K-285.5K-517.3K
Net DEX11.9M6.2M18.9M6.2M7.8M
Net VEX-124.9K-163.2K-97.6K-142.5K-114.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.720.0161.550.2661.55
Total Volume959.3334811,2594811,259
Total OI78,726.33377,20581,75177,20580,055

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$19.87$20.0015.2%4.4%16.5%8.1%15.2%5.9%4.0%-285.5K6.2M-142.5K0.2664.04N/AN/A381018,57958,626
2021-07-02$19.78$20.0014.1%4.0%16.5%6.0%12.5%-1.9%4.8%-324.5K8.0M-146.4K0.4546.38N/AN/A421918,58158,636
2021-07-06$19.51$20.0010.3%5.9%16.9%0.0%21.1%4.9%-0.9%-506.1K9.4M-130.2K0.0266.18N/AN/A6591218,60158,644
2021-07-07$19.30$20.0019.4%6.3%17.0%16.5%20.0%4.8%-2.5%-594.1K12.6M-120.7K0.4764.89N/AN/A1487018,71858,655
2021-07-08$18.84$20.0021.6%6.3%18.4%20.4%22.2%3.6%-1.8%-762.5K16.5M-123.1K0.5177.65N/AN/A1769018,78358,680
2021-07-09$19.29$20.0019.2%6.3%20.9%16.0%21.6%5.8%-2.4%-529.3K11.1M-97.6K0.4237.19N/AN/A28311818,89458,755
2021-07-12$19.41$20.0015.2%6.3%21.1%8.9%20.5%6.9%-1.0%-595.0K10.7M-102.1K1.2130.02N/AN/A18922918,90658,827
2021-07-13$19.24$20.0023.0%6.2%21.2%22.9%22.1%4.6%-2.3%-755.1K13.3M-117.6K4.1930.98N/AN/A3213419,00558,984
2021-07-14$19.22$20.0020.6%5.9%21.1%29.2%18.6%1.7%-4.5%-779.9K12.0M-98.4K4.0936.92N/AN/A4317619,03459,059
2021-07-15$19.13$20.0021.1%6.0%21.0%30.3%20.8%0.9%-4.0%-881.4K15.0M-103.8K0.0137.86N/AN/A3,6382719,05559,069
2021-07-16$18.95$20.0020.8%6.0%19.9%29.7%17.6%2.6%-0.8%-798.7K14.6M-135.7K0.4738.71N/AN/A1225722,65959,092
2021-07-19$18.44$20.0025.3%7.2%21.6%42.3%24.0%6.3%-3.0%-847.3K18.9M-122.9K0.5070.58N/AN/A41820920,22958,511
2021-07-20$18.72$19.0021.6%6.2%22.4%31.8%21.2%9.2%-0.6%-777.7K14.3M-108.9K0.7394.63N/AN/A916620,53258,658
2021-07-21$19.29$19.0022.5%6.5%25.2%34.4%21.4%3.0%-1.8%-467.4K10.2M-146.6K0.4587.03N/AN/A1938720,64358,709
2021-07-22$19.10$19.0022.6%6.5%25.3%34.6%20.4%5.3%-2.8%-653.7K12.6M-132.2K0.2445.27N/AN/A551320,73858,733
2021-07-23$19.09$19.0022.2%6.4%24.4%33.6%22.6%0.7%-4.3%-608.7K11.3M-125.1K0.4490.48N/AN/A1998720,78858,746
2021-07-26$19.13$19.0021.9%6.3%23.3%32.6%23.3%0.2%-4.4%-672.9K14.0M-163.2K0.8942.07N/AN/A554920,78858,746
2021-07-27$18.94$19.0024.9%7.1%22.6%41.1%25.1%1.8%-3.2%-623.8K14.0M-137.5K0.1483.02N/AN/A6368620,94758,813
2021-07-28$19.12$19.0023.6%6.8%23.0%37.5%21.9%6.6%-2.7%-597.1K10.6M-121.4K0.3977.81N/AN/A752920,97458,852
2021-07-29$19.45$19.0023.8%6.8%23.9%38.1%20.3%6.8%-1.9%-392.6K7.6M-133.6K0.7282.70N/AN/A1329521,02058,929
2021-07-30$19.30$19.0024.0%6.9%23.5%38.6%19.0%2.8%-3.5%-517.3K7.8M-114.4K61.5582.33N/AN/A18011,07921,09458,961