MFC Options History — April 2022

In April 2022, MFC traded between $19.43 and $21.48. ATM implied volatility averaged 26.8%, placing in the 62.7% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 7.1% (HV 20d: 19.7%). Max pain ranged from $20.00 to $21.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.74.

Notable Days

  • 2022-04-08: Highest Volume — 8,029 contracts
  • 2022-04-11: Largest IV spike — 27.1% change
  • 2022-04-27: Highest IV Rank — 91.9%
  • 2022-04-27: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.89$19.43$21.48$21.29$19.61
Max Pain$20.55$20.00$21.00$20.00$20.00
ATM IV26.8%20.5%34.4%20.5%31.6%
Expected Move7.8%7.1%9.9%7.2%9.1%
HV 20d19.7%12.9%25.4%25.4%20.8%
HV 60d25.1%24.3%26.0%25.2%26.0%
IV Rank62.7%38.7%91.9%38.7%81.2%
IV Percentile83.8%41.3%99.6%41.3%97.6%
Term Structure-2.3%-6.8%5.3%5.3%-4.7%
VWIV28.0%22.4%34.1%27.7%31.7%
Skew 25d5.9%3.5%7.4%3.5%7.4%
Skew 10d11.7%4.4%20.6%8.4%19.0%
Call IV 25d23.7%20.4%29.5%20.4%28.1%
Put IV 25d29.5%24.0%35.5%24.0%35.5%
Bid-Ask Spread %69.5538.0295.8293.3256.61
Gamma HHI0.380.230.500.240.33
Net GEX692.0K148.1K1.1M474.9K222.1K
Net DEX-6.2M-11.1M2.8M-6.7M1.9M
Net VEX-50.4K-66.1K-35.1K-37.5K-37.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.061.710.390.48
Total Volume1,670.91168,0297271,082
Total OI22,872.115,61026,33015,61026,330

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$21.29$20.0020.5%7.2%25.4%38.7%27.7%3.5%5.3%474.9K-6.7M-37.5K0.3993.32N/AN/A5232049,5856,025
2022-04-04$21.41$20.0021.7%7.1%23.7%43.6%28.1%4.0%-0.5%485.8K-7.0M-37.4K0.5670.29N/AN/A5262969,5926,023
2022-04-05$21.48$20.0022.2%7.2%23.7%45.2%30.3%5.5%-1.0%490.5K-7.4M-37.7K0.5855.61N/AN/A5022899,6066,096
2022-04-06$21.27$20.0024.7%7.6%23.4%54.8%28.8%6.3%-2.7%473.6K-6.6M-36.6K0.0695.82N/AN/A5,4253519,6016,116
2022-04-07$21.09$20.0024.5%7.2%23.5%54.1%25.8%7.0%-0.0%820.8K-8.7M-49.7K0.3584.27N/AN/A1,70759614,2796,175
2022-04-08$21.45$20.0024.2%7.5%23.8%52.9%28.0%4.5%-2.9%877.2K-10.6M-56.0K0.2791.08N/AN/A6,3441,68514,3306,490
2022-04-11$21.36$20.0030.8%7.7%23.9%77.9%27.5%7.2%-3.4%1.1M-10.9M-66.1K0.3481.58N/AN/A87530117,1597,590
2022-04-12$21.13$20.0031.1%7.7%21.1%79.2%27.3%6.9%-3.1%1.0M-9.6M-63.7K0.5038.02N/AN/A99049317,2257,608
2022-04-13$21.34$21.0026.3%7.5%15.8%61.0%26.1%5.6%-2.5%1.1M-10.1M-63.2K0.6459.87N/AN/A71845617,0237,844
2022-04-14$21.36$21.0025.2%7.2%15.1%56.7%27.0%5.1%-1.0%999.4K-11.1M-64.8K1.1862.52N/AN/A32838817,3337,850
2022-04-18$21.30$21.0025.9%7.4%15.2%59.5%25.2%6.3%-4.0%1.0M-9.2M-61.6K1.6960.93N/AN/A35860416,8737,461
2022-04-19$21.29$21.0025.3%7.2%15.1%57.0%24.0%6.3%-2.4%1.0M-9.0M-61.5K0.7641.07N/AN/A41431416,9707,765
2022-04-20$21.46$21.0025.6%7.3%12.9%58.3%22.4%5.8%-2.7%1.1M-10.5M-63.1K0.6757.71N/AN/A54336617,0917,768
2022-04-21$21.25$21.0026.8%7.7%13.2%62.7%25.7%4.4%-2.6%1.0M-8.4M-59.6K1.0273.32N/AN/A45947017,3477,811
2022-04-22$20.52$21.0025.1%7.2%18.3%56.6%27.3%4.9%-0.1%644.9K-3.9M-51.5K1.7157.71N/AN/A55494717,4597,868
2022-04-25$20.27$21.0029.6%8.5%18.1%73.6%31.3%7.0%-3.7%445.6K-1.1M-44.4K1.1682.55N/AN/A65776117,2448,367
2022-04-26$19.73$21.0030.4%8.7%20.0%76.7%32.9%6.0%-3.4%259.7K1.2M-41.9K1.2667.28N/AN/A60876816,9238,862
2022-04-27$19.43$21.0034.4%9.9%19.6%91.9%34.1%6.2%-6.8%148.1K2.8M-35.1K0.7878.73N/AN/A655116,9388,917
2022-04-28$19.77$21.0029.4%8.4%20.7%72.6%29.1%7.4%-3.4%202.3K1.9M-38.2K0.3382.72N/AN/A1,05134916,9458,953
2022-04-29$19.61$20.0031.6%9.1%20.8%81.2%31.7%7.4%-4.7%222.1K1.9M-37.6K0.4856.61N/AN/A73334917,3538,977