MFC Options History — May 2022

In May 2022, MFC traded between $16.81 and $20.00. ATM implied volatility averaged 30.9%, placing in the 73.0% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded below realized volatility by 7.8% (HV 20d: 38.7%). Max pain ranged from $18.00 to $21.00. Net GEX was positive for 8 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.58.

Notable Days

  • 2022-05-04: Highest Volume — 2,243 contracts
  • 2022-05-11: Largest IV drop — 23.3% change
  • 2022-05-05: Highest IV Rank — 100.0%
  • 2022-05-12: Largest Expected Move — 10.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.32$16.81$20.00$19.40$18.56
Max Pain$20.24$18.00$21.00$20.00$18.00
ATM IV30.9%24.7%39.1%34.5%25.8%
Expected Move8.4%7.1%10.0%9.9%7.4%
HV 20d38.7%20.9%49.6%20.9%49.6%
HV 60d31.5%26.0%35.2%26.0%34.2%
IV Rank73.0%50.0%100.0%92.2%53.9%
IV Percentile90.0%68.3%100.0%99.6%74.6%
Term Structure-1.4%-5.8%1.8%-5.7%-1.5%
VWIV29.5%25.7%36.5%36.5%27.4%
Skew 25d6.3%4.0%7.8%4.0%6.2%
Skew 10d14.7%7.1%22.6%10.5%19.8%
Call IV 25d27.1%21.1%32.0%31.7%21.1%
Put IV 25d33.4%27.3%39.5%35.7%27.3%
Bid-Ask Spread %45.6210.2393.5773.1761.25
Gamma HHI0.260.120.410.310.12
Net GEX-17.9K-213.5K320.4K178.4K24.3K
Net DEX4.4M99.2K9.2M2.8M99.2K
Net VEX-22.5K-37.4K-13.3K-35.2K-19.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.580.171.410.751.20
Total Volume1,193.6195142,243937768
Total OI27,017.66725,04528,28426,41025,660

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$19.40$20.0034.5%9.9%20.9%92.2%36.5%4.0%-5.7%178.4K2.8M-35.2K0.7573.17N/AN/A53540217,4009,010
2022-05-03$19.55$20.0032.2%9.2%21.0%83.4%33.4%6.7%-4.6%146.7K2.8M-32.8K0.2560.07N/AN/A1,53738517,3899,075
2022-05-04$20.00$20.0031.1%8.9%23.0%79.2%30.1%7.1%-5.8%320.4K775.3K-37.4K0.1793.57N/AN/A1,90933418,2229,101
2022-05-05$19.37$21.0038.0%8.4%25.1%100.0%26.8%5.3%-1.8%211.2K2.7M-34.8K0.2417.48N/AN/A1,33032418,6129,110
2022-05-06$19.38$21.0036.6%8.3%25.1%95.0%29.3%6.1%-2.0%209.9K2.9M-33.3K1.0025.99N/AN/A35235218,7659,147
2022-05-09$18.90$21.0038.3%8.7%24.8%100.0%31.7%6.3%-1.1%100.9K4.6M-28.0K0.6448.44N/AN/A38324718,8059,173
2022-05-10$18.88$21.0039.1%8.9%24.9%100.0%31.7%6.3%-3.0%88.7K4.7M-27.4K0.6255.55N/AN/A31719718,8079,215
2022-05-11$18.74$21.0030.0%8.6%24.8%68.4%31.0%7.7%-2.0%-8.3K5.5M-25.8K0.4145.20N/AN/A47119418,7809,240
2022-05-12$16.81$21.0035.0%10.0%43.5%85.9%35.7%7.5%-1.5%-176.6K9.2M-16.5K0.6856.19N/AN/A98567219,0299,255
2022-05-13$17.45$21.0030.3%8.7%46.7%69.4%27.2%7.0%-1.0%-213.5K6.7M-14.3K0.2631.90N/AN/A1,14429819,1008,472
2022-05-16$17.48$21.0031.1%8.9%46.8%72.4%29.7%7.3%-1.1%-201.5K6.9M-15.0K0.3440.91N/AN/A81727819,2288,508
2022-05-17$17.94$21.0026.4%7.6%48.4%55.8%26.8%6.0%1.3%-204.6K6.1M-17.4K0.6343.42N/AN/A84553519,3238,513
2022-05-18$17.63$21.0028.8%8.3%48.1%64.5%28.7%5.5%-1.0%-111.7K5.8M-15.3K0.3560.68N/AN/A87430419,4138,486
2022-05-19$17.75$21.0026.5%7.6%48.5%56.3%26.6%4.4%0.0%-123.6K5.8M-14.7K0.3462.93N/AN/A85029219,4928,551
2022-05-20$17.47$21.0029.7%8.5%47.6%67.3%27.0%5.0%-0.1%-175.2K6.3M-13.3K0.1930.04N/AN/A1,88335019,5918,567
2022-05-23$17.92$20.0027.3%7.8%49.0%59.2%27.5%4.4%-0.0%-86.8K4.8M-15.7K0.7851.01N/AN/A42933317,1958,073
2022-05-24$17.59$20.0028.8%8.3%48.6%64.5%30.1%6.7%-1.3%-126.0K5.4M-18.5K1.4137.52N/AN/A40957517,2808,178
2022-05-25$17.73$19.0028.0%8.0%48.7%61.5%28.1%7.8%-0.3%-120.3K3.9M-19.5K0.4940.03N/AN/A83240517,3387,707
2022-05-26$18.06$18.0026.1%7.5%48.8%55.0%25.7%7.2%0.6%-63.1K2.0M-17.6K0.4612.41N/AN/A84739317,7847,267
2022-05-27$18.20$18.0024.7%7.1%49.0%50.0%28.0%7.1%1.8%-44.3K1.6M-19.9K0.9210.23N/AN/A35432518,1617,349
2022-05-31$18.56$18.0025.8%7.4%49.6%53.9%27.4%6.2%-1.5%24.3K99.2K-19.7K1.2061.25N/AN/A34941918,2317,429