MFC Options History — January 2022

In January 2022, MFC traded between $19.43 and $20.79. ATM implied volatility averaged 22.2%, placing in the 47.5% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 4.6% (HV 20d: 17.6%). Max pain ranged from $19.00 to $20.00. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 1.10.

Notable Days

  • 2022-01-13: Highest Volume — 3,636 contracts
  • 2022-01-12: Largest IV spike — 38.2% change
  • 2022-01-28: Highest IV Rank — 74.8%
  • 2022-01-25: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.26$19.43$20.79$19.43$20.79
Max Pain$19.15$19.00$20.00$20.00$19.00
ATM IV22.2%14.3%28.6%20.3%25.6%
Expected Move6.6%4.5%8.2%5.8%7.3%
HV 20d17.6%14.2%19.5%19.5%18.4%
HV 60d24.4%23.9%24.9%24.0%24.6%
IV Rank47.5%15.7%74.8%39.3%65.0%
IV Percentile55.9%2.4%95.6%36.1%86.9%
Term Structure-0.6%-2.9%4.2%2.4%-2.3%
VWIV24.4%16.7%32.7%23.0%32.7%
Skew 25d5.8%2.9%11.3%6.5%11.3%
Skew 10d13.1%2.4%28.1%14.1%28.1%
Call IV 25d20.8%15.1%26.2%15.7%20.2%
Put IV 25d26.6%20.1%33.4%22.2%31.5%
Bid-Ask Spread %50.846.2190.756.2134.84
Gamma HHI0.340.290.460.380.29
Net GEX351.0K-20.7K1.0M-12.1K214.9K
Net DEX-6.0M-12.6M1.1M1.1M-6.9M
Net VEX-45.5K-54.1K-37.9K-52.0K-37.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.100.262.370.980.94
Total Volume1,390.17103,6361,088945
Total OI58,458.3525,24274,84870,22026,312

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$19.43$20.0020.3%5.8%19.5%39.3%23.0%6.5%2.4%-12.1K1.1M-52.0K0.986.21N/AN/A54953911,16859,052
2022-01-04$19.63$20.0015.9%4.6%18.7%21.9%16.7%5.7%3.9%76.8K-383.1K-52.5K0.819.14N/AN/A98579411,19759,005
2022-01-05$19.53$20.0015.6%4.5%17.8%20.8%18.3%4.0%4.2%119.8K268.2K-54.1K1.2464.43N/AN/A65481311,62959,386
2022-01-06$19.84$19.0017.3%6.0%18.5%27.3%22.4%6.3%0.3%229.7K-2.7M-52.5K1.7490.75N/AN/A42774311,68259,370
2022-01-07$20.22$19.0018.3%6.1%19.2%31.4%20.7%6.5%-0.5%330.0K-5.9M-51.3K1.6152.61N/AN/A47176011,73359,366
2022-01-10$20.17$19.0018.3%6.8%19.3%31.5%23.7%4.7%-2.0%352.5K-5.7M-49.4K2.3738.46N/AN/A32176211,83159,361
2022-01-11$20.52$19.0014.3%5.6%17.9%15.7%20.8%5.0%0.0%338.3K-8.9M-44.7K1.9647.18N/AN/A39176711,87859,427
2022-01-12$20.65$19.0019.8%5.7%17.9%37.1%23.4%4.3%0.6%561.9K-10.7M-41.2K1.4444.10N/AN/A51874812,77459,472
2022-01-13$20.73$19.0022.1%6.3%17.9%46.2%21.7%2.9%-0.7%612.8K-11.8M-41.9K0.2673.27N/AN/A2,88575113,00959,528
2022-01-14$20.71$19.0021.6%6.2%17.3%44.2%23.6%5.1%-0.8%926.8K-12.0M-43.5K0.4038.93N/AN/A1,75369714,97059,523
2022-01-18$20.79$19.0023.3%6.7%15.9%50.9%24.5%2.9%-1.7%1.0M-12.6M-41.6K0.7639.22N/AN/A84764615,01359,546
2022-01-19$20.56$19.0022.9%6.6%14.5%49.5%25.6%5.4%-1.3%871.3K-10.6M-43.0K1.1137.01N/AN/A61468415,10059,559
2022-01-20$20.51$19.0023.6%6.8%14.2%52.0%26.7%3.2%-0.9%354.8K-10.3M-41.5K0.5450.76N/AN/A1,24267515,31459,534
2022-01-21$20.11$19.0025.8%7.4%16.8%60.9%27.8%5.7%-1.1%622.2K-5.9M-43.6K1.1673.28N/AN/A70181414,81359,538
2022-01-24$19.79$19.0027.8%8.0%17.5%68.4%26.3%9.2%-1.9%-20.7K-742.0K-46.4K1.0574.53N/AN/A5976288,54616,696
2022-01-25$20.09$19.0028.6%8.2%17.9%71.6%26.9%5.6%-2.6%37.0K-2.4M-47.0K0.9130.51N/AN/A4454058,67317,088
2022-01-26$20.21$19.0027.7%7.9%17.8%68.0%27.4%5.3%-2.9%94.7K-3.6M-43.1K0.9387.77N/AN/A4063788,77717,107
2022-01-27$20.48$19.0028.3%8.1%17.8%74.2%27.2%8.8%-2.9%144.5K-5.3M-40.4K0.8665.13N/AN/A3813298,90717,128
2022-01-28$20.42$19.0027.9%8.0%17.8%74.8%28.3%8.1%-2.1%130.4K-4.8M-43.4K0.9758.62N/AN/A3743639,03117,124
2022-01-31$20.79$19.0025.6%7.3%18.4%65.0%32.7%11.3%-2.3%214.9K-6.9M-37.9K0.9434.84N/AN/A4864599,04217,270