MFC Options History — February 2022

In February 2022, MFC traded between $19.89 and $21.92. ATM implied volatility averaged 24.7%, placing in the 61.2% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 3.4% (HV 20d: 21.3%). Max pain ranged from $19.00 to $20.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.50.

Notable Days

  • 2022-02-02: Highest Volume — 4,063 contracts
  • 2022-02-15: Largest IV drop — 16.4% change
  • 2022-02-08: Highest IV Rank — 73.4%
  • 2022-02-23: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.99$19.89$21.92$21.05$20.22
Max Pain$19.32$19.00$20.00$19.00$20.00
ATM IV24.7%20.6%27.5%25.4%27.0%
Expected Move6.9%5.9%7.7%7.3%7.7%
HV 20d21.3%16.5%26.5%18.2%26.5%
HV 60d22.3%21.4%23.3%22.6%21.5%
IV Rank61.2%43.8%73.4%64.2%71.2%
IV Percentile78.7%42.1%94.0%86.9%92.5%
Term Structure-0.2%-2.6%2.1%-2.0%-1.1%
VWIV24.2%17.1%31.5%26.3%28.2%
Skew 25d4.8%1.6%8.3%4.8%7.7%
Skew 10d11.5%3.8%24.2%14.2%10.3%
Call IV 25d22.5%19.7%25.1%23.7%24.4%
Put IV 25d27.3%24.6%32.5%28.5%32.1%
Bid-Ask Spread %45.6012.5181.3768.1459.29
Gamma HHI0.240.200.290.270.28
Net GEX487.1K71.3K1.1M264.5K197.8K
Net DEX-10.3M-17.5M-2.3M-8.9M-3.9M
Net VEX-46.6K-54.4K-35.4K-35.4K-48.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.121.080.200.48
Total Volume1,801.7898014,0633,4951,485
Total OI30,274.52626,53732,26926,53729,911

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-02-01$21.05$19.0025.4%7.3%18.2%64.2%26.3%4.8%-2.0%264.5K-8.9M-35.4K0.2068.14N/AN/A2,9025939,18517,352
2022-02-02$21.05$20.0026.3%7.5%18.1%67.9%31.5%5.2%-2.6%394.2K-9.3M-46.2K0.1661.28N/AN/A3,50256111,31517,519
2022-02-03$20.79$19.0026.9%6.8%18.7%70.5%22.8%5.8%0.1%350.0K-8.7M-51.0K0.4365.32N/AN/A95041212,19817,535
2022-02-04$20.77$19.0025.9%6.6%18.1%66.4%22.4%5.9%1.2%383.5K-8.5M-49.5K0.4760.44N/AN/A91642912,20617,568
2022-02-07$20.96$19.0027.3%6.7%17.3%72.3%23.4%4.6%-0.4%414.6K-10.3M-45.3K1.0823.49N/AN/A44147512,21217,586
2022-02-08$21.15$19.0027.5%6.9%17.4%73.4%24.8%4.6%-0.4%499.5K-11.7M-43.8K0.9317.46N/AN/A55051312,34317,670
2022-02-09$21.21$19.0023.0%6.6%16.5%54.3%23.0%2.5%1.0%523.7K-12.3M-43.6K0.4432.29N/AN/A79434712,43917,720
2022-02-10$21.92$19.0020.8%6.0%19.8%44.8%21.2%4.0%2.1%705.6K-17.5M-38.4K0.1247.66N/AN/A2,77632312,79917,737
2022-02-11$21.51$19.0023.2%6.6%21.3%54.8%22.0%3.6%-0.9%692.1K-15.0M-49.1K0.8038.89N/AN/A45936514,26317,762
2022-02-14$21.24$19.0024.6%7.1%21.9%61.0%24.3%5.5%-0.0%587.6K-13.6M-46.1K0.8850.06N/AN/A42637514,27617,847
2022-02-15$21.67$19.0020.6%5.9%22.9%43.8%17.1%3.7%1.3%975.2K-17.1M-40.4K0.3021.63N/AN/A1,44342714,27817,841
2022-02-16$21.71$19.0020.6%5.9%22.3%44.1%21.3%3.4%1.9%1.1M-16.2M-41.3K0.3523.60N/AN/A1,25444413,80817,920
2022-02-17$21.27$19.0022.2%6.4%23.8%50.9%23.1%1.6%1.7%623.2K-13.1M-44.4K0.4147.92N/AN/A1,24450914,32317,946
2022-02-18$21.09$19.0023.0%6.6%22.7%54.2%21.5%2.2%0.3%740.6K-11.2M-48.0K0.4327.78N/AN/A1,68372514,16617,911
2022-02-22$20.55$20.0024.5%7.0%24.0%60.4%24.1%5.3%-0.5%250.5K-5.8M-54.2K0.5212.51N/AN/A1,18060911,78417,398
2022-02-23$20.39$20.0027.0%7.7%23.7%71.2%27.3%5.0%-2.0%220.4K-5.2M-53.5K0.4462.61N/AN/A1,06546711,89417,489
2022-02-24$19.89$20.0026.8%7.7%25.3%70.2%29.3%7.4%-1.9%71.3K-2.3M-52.9K0.4381.37N/AN/A1,23053211,89617,494
2022-02-25$20.38$20.0026.1%7.5%26.4%67.3%25.4%8.3%-1.7%248.1K-4.8M-54.4K0.6464.63N/AN/A1,11371512,04017,585
2022-02-28$20.22$20.0027.0%7.7%26.5%71.2%28.2%7.7%-1.1%197.8K-3.9M-48.5K0.4859.29N/AN/A1,00548012,12417,787