MFC Options History — August 2021

In August 2021, MFC traded between $19.15 and $20.43. ATM implied volatility averaged 19.3%, placing in the 25.3% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded below realized volatility by 1.0% (HV 20d: 20.3%). Max pain ranged from $19.00 to $20.00. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 0.79.

Notable Days

  • 2021-08-13: Highest Volume — 3,901 contracts
  • 2021-08-05: Largest IV drop — 24.9% change
  • 2021-08-04: Highest IV Rank — 44.3%
  • 2021-08-04: Largest Expected Move — 7.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.79$19.15$20.43$19.30$19.49
Max Pain$19.86$19.00$20.00$19.00$20.00
ATM IV19.3%16.4%26.0%25.9%19.5%
Expected Move5.5%4.7%7.5%7.4%5.6%
HV 20d20.3%17.1%23.5%23.5%19.3%
HV 60d19.2%18.3%19.8%19.2%19.8%
IV Rank25.3%17.1%44.3%43.9%26.0%
IV Percentile17.3%3.2%51.6%49.6%21.8%
Term Structure1.0%-6.2%3.1%-5.7%-0.3%
VWIV19.6%15.5%31.9%22.1%16.6%
Skew 25d4.5%-0.1%9.0%4.3%3.6%
Skew 10d13.4%7.1%27.7%27.7%12.5%
Call IV 25d17.3%12.7%27.7%22.3%16.1%
Put IV 25d21.7%18.5%27.6%26.6%19.8%
Bid-Ask Spread %40.8412.14112.8339.4653.43
Gamma HHI0.240.190.390.270.21
Net GEX-26.8K-942.5K1.3M-480.4K-359.1K
Net DEX6.6M-8.2M18.3M9.2M12.9M
Net VEX-145.6K-177.2K-119.7K-120.5K-119.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.014.550.720.61
Total Volume715.909713,90138187
Total OI92,308.86480,08295,43380,08292,154

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$19.30$19.0025.9%7.4%23.5%43.9%22.1%4.3%-5.7%-480.4K9.2M-120.5K0.7239.46N/AN/A22215921,16058,922
2021-08-03$19.15$19.0023.2%6.7%23.2%36.5%22.0%2.1%-4.5%-942.5K18.3M-171.5K0.8750.86N/AN/A32227921,23869,960
2021-08-04$19.27$19.0026.0%7.5%23.0%44.3%28.0%-0.1%-6.2%-497.4K12.3M-124.0K0.71112.83N/AN/A1,10478421,40270,085
2021-08-05$19.62$20.0019.5%5.4%22.0%26.0%19.2%6.0%1.5%-705.7K9.1M-151.0K0.1473.28N/AN/A4526121,61770,135
2021-08-06$20.04$20.0018.6%4.9%21.7%23.3%18.1%1.9%3.1%-216.3K-1.4M-134.1K0.1633.94N/AN/A1,13318422,41170,902
2021-08-09$20.12$20.0020.0%5.1%21.6%27.3%17.8%2.5%2.0%338.0K-1.3M-135.6K0.4269.12N/AN/A2389922,44670,930
2021-08-10$20.09$20.0017.4%4.9%21.3%20.0%18.1%1.7%3.1%688.7K-1.1M-129.6K0.1054.84N/AN/A1,32312822,49070,932
2021-08-11$20.38$20.0017.6%5.1%21.7%20.7%17.2%2.1%3.1%1.0M-6.6M-127.2K0.1520.85N/AN/A1,16417922,59870,972
2021-08-12$20.43$20.0017.8%5.1%21.5%21.1%16.1%3.7%2.5%1.0M-8.2M-128.0K0.0916.47N/AN/A2141923,26971,041
2021-08-13$20.36$20.0017.2%4.9%21.1%19.4%15.5%3.2%3.1%1.3M-7.1M-127.7K0.0170.41N/AN/A3,8445724,27171,162
2021-08-16$20.02$20.0019.0%5.5%19.4%24.6%18.6%5.0%2.3%395.8K2.1M-177.2K0.6917.88N/AN/A68347324,18971,153
2021-08-17$19.74$20.0020.1%5.8%19.9%27.6%19.9%3.2%1.8%-21.7K9.0M-168.9K2.0412.14N/AN/A8918222,58571,174
2021-08-18$19.81$20.0018.4%5.3%17.1%22.9%21.1%5.2%2.0%58.7K8.4M-175.5K1.2428.01N/AN/A597322,64271,411
2021-08-19$19.38$20.0021.9%6.3%18.7%32.9%21.6%7.2%1.7%-592.4K16.4M-164.2K2.2123.39N/AN/A13429622,62471,562
2021-08-20$19.45$20.0021.3%6.1%18.7%30.9%17.7%5.8%0.6%-551.4K16.0M-167.0K0.1013.30N/AN/A2762822,65771,590
2021-08-23$19.73$20.0016.7%4.8%19.3%18.0%17.8%6.9%2.0%-297.1K11.7M-151.0K0.3124.15N/AN/A1404321,24969,938
2021-08-24$19.81$20.0016.8%4.8%18.8%18.5%21.5%9.0%2.1%-126.0K8.3M-150.3K0.7929.29N/AN/A19315321,28669,958
2021-08-25$19.96$20.0017.4%5.0%18.7%20.1%17.1%7.4%2.0%39.1K5.7M-151.1K0.2667.18N/AN/A1594221,41569,974
2021-08-26$19.73$20.0016.4%4.7%18.4%17.1%31.9%7.6%2.9%-314.3K11.4M-137.7K4.5516.15N/AN/A4721421,53770,065
2021-08-27$19.90$20.0016.9%4.8%18.4%18.6%16.8%6.3%1.9%-69.6K7.0M-143.4K0.1848.14N/AN/A2905321,64270,088
2021-08-30$19.56$20.0016.4%4.7%19.5%17.3%16.5%3.8%1.5%-303.0K13.6M-147.1K0.9723.28N/AN/A363521,66470,295
2021-08-31$19.49$20.0019.5%5.6%19.3%26.0%16.6%3.6%-0.3%-359.1K12.9M-119.7K0.6153.43N/AN/A543321,85170,303