MFC Options History — March 2022

In March 2022, MFC traded between $19.21 and $21.57. ATM implied volatility averaged 25.6%, placing in the 59.8% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded below realized volatility by 4.9% (HV 20d: 30.5%). Max pain ranged from $20.00 to $22.00. Net GEX was positive for 17 of 23 trading days. Term structure was in contango for 16 of 23 days. Put/call ratio averaged 0.38.

Notable Days

  • 2022-03-16: Highest Volume — 7,051 contracts
  • 2022-03-07: Largest IV spike — 17.0% change
  • 2022-03-07: Highest IV Rank — 100.0%
  • 2022-03-08: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.29$19.21$21.57$19.50$21.46
Max Pain$20.14$20.00$22.00$20.00$20.00
ATM IV25.6%19.5%36.6%33.5%21.7%
Expected Move8.0%6.4%11.1%9.6%7.2%
HV 20d30.5%26.0%33.9%28.4%26.2%
HV 60d24.3%22.8%25.5%22.8%25.1%
IV Rank59.8%35.0%100.0%98.6%43.5%
IV Percentile75.9%30.2%100.0%99.6%59.1%
Term Structure1.2%-3.2%4.0%-3.2%3.9%
VWIV30.5%22.9%44.6%36.3%26.2%
Skew 25d5.7%1.8%10.1%6.0%2.3%
Skew 10d12.6%-4.0%22.4%19.3%-4.0%
Call IV 25d23.0%18.7%31.1%31.1%21.6%
Put IV 25d28.7%22.9%37.1%37.1%23.9%
Bid-Ask Spread %55.5217.89104.3531.7250.13
Gamma HHI0.300.190.480.300.25
Net GEX223.5K-741.8K963.4K-61.7K487.4K
Net DEX-3.1M-9.5M4.2M1.0M-7.3M
Net VEX-40.4K-49.8K-32.2K-49.7K-39.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.090.610.610.46
Total Volume1,521.8267767,0511,443800
Total OI24,539.08713,73231,47630,01915,538

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-03-01$19.50$20.0033.5%9.6%28.4%98.6%36.3%6.0%-3.2%-61.7K1.0M-49.7K0.6131.72N/AN/A89954412,12817,891
2022-03-02$20.01$20.0028.4%8.1%29.8%77.1%30.0%6.9%1.4%124.0K-1.9M-49.8K0.3436.91N/AN/A1,10237712,15218,030
2022-03-03$20.04$20.0026.9%7.7%29.8%70.5%26.5%5.7%-0.3%208.6K-3.1M-48.1K0.4351.77N/AN/A88637712,38518,073
2022-03-04$19.68$20.0031.3%9.0%30.1%89.3%38.9%7.5%-0.6%-18.7K-123.1K-48.4K0.4632.60N/AN/A90141012,39318,096
2022-03-07$19.29$20.0036.6%10.5%30.7%100.0%42.3%10.1%-0.9%-226.3K2.8M-44.8K0.4956.57N/AN/A89743612,37118,173
2022-03-08$19.30$20.0032.1%11.1%30.4%82.9%44.6%8.4%-0.9%-160.1K2.7M-45.5K0.3746.52N/AN/A95435512,41018,255
2022-03-09$19.72$20.0026.7%8.8%31.4%62.4%33.3%8.2%0.3%18.8K-686.1K-44.2K0.3177.28N/AN/A1,13735312,44918,273
2022-03-10$19.58$20.0026.7%8.4%31.3%62.6%36.3%6.1%0.5%-75.5K611.0K-42.2K0.3255.81N/AN/A1,09234612,59018,277
2022-03-11$19.82$20.0026.7%8.6%28.9%62.4%37.9%7.1%1.1%191.0K-1.6M-42.7K0.3156.09N/AN/A1,05933312,59718,284
2022-03-14$19.80$20.0027.3%7.8%28.4%64.9%31.5%6.8%-0.3%270.7K-1.6M-39.9K0.5255.09N/AN/A95449212,71518,273
2022-03-15$19.21$20.0029.4%8.1%29.8%72.6%29.4%4.5%-1.3%-741.8K4.2M-34.4K0.6017.89N/AN/A1,04462712,76818,420
2022-03-16$20.05$20.0025.5%7.5%33.2%57.9%29.2%5.8%0.8%822.2K-5.1M-35.8K0.0958.36N/AN/A6,49555612,80318,673
2022-03-17$20.36$0.0025.0%7.5%33.9%56.0%22.9%7.8%0.9%963.4K-7.6M-34.6K0.55104.35N/AN/A94752012,23918,573
2022-03-18$20.36$22.0023.1%7.2%33.3%48.6%24.6%4.0%2.1%179.7K-9.5M-32.2K0.3090.73N/AN/A1,45444212,25718,579
2022-03-21$20.51$20.0021.1%6.7%33.3%41.1%23.7%1.9%1.4%244.4K-3.2M-32.2K0.3359.49N/AN/A9153047,9955,737
2022-03-22$21.01$20.0020.2%7.0%33.2%37.7%24.4%4.3%3.8%317.3K-4.6M-35.6K0.1869.09N/AN/A1,3432398,1105,835
2022-03-23$20.87$21.0021.8%7.3%33.1%43.8%27.9%4.7%2.8%379.4K-4.9M-37.0K0.2953.63N/AN/A6992049,0605,834
2022-03-24$20.89$20.0021.7%7.1%31.7%43.4%27.2%1.8%3.0%392.9K-5.1M-36.6K0.3780.10N/AN/A5972239,2255,854
2022-03-25$21.15$20.0020.8%7.1%30.9%39.8%27.6%3.5%4.0%426.0K-5.9M-38.9K0.3741.63N/AN/A6412369,2345,893
2022-03-28$21.17$20.0021.6%7.3%30.7%43.1%29.0%7.6%3.9%430.6K-6.1M-38.4K0.3730.75N/AN/A6122269,2575,907
2022-03-29$21.42$20.0021.4%7.1%27.2%42.2%23.4%4.5%3.9%464.2K-7.1M-38.8K0.2377.93N/AN/A9752239,3405,939
2022-03-30$21.57$20.0019.5%6.4%26.0%35.0%28.4%5.3%1.7%503.0K-7.7M-39.1K0.4542.45N/AN/A5342429,5635,951
2022-03-31$21.46$20.0021.7%7.2%26.2%43.5%26.2%2.3%3.9%487.4K-7.3M-39.2K0.4650.13N/AN/A5472539,5675,971