MFC Options History — July 2022

In July 2022, MFC traded between $16.72 and $18.32. ATM implied volatility averaged 29.6%, placing in the 62.9% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded below realized volatility by 2.2% (HV 20d: 31.8%). Max pain ranged from $17.00 to $18.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 1.16.

Notable Days

  • 2022-07-06: Highest Volume — 4,112 contracts
  • 2022-07-11: Largest IV spike — 51.5% change
  • 2022-07-14: Highest IV Rank — 84.7%
  • 2022-07-14: Largest Expected Move — 10.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.44$16.72$18.32$17.51$18.32
Max Pain$17.05$17.00$18.00$18.00$17.00
ATM IV29.6%21.8%35.3%22.8%29.8%
Expected Move8.7%6.5%10.1%6.5%8.5%
HV 20d31.8%25.6%38.0%35.7%26.5%
HV 60d37.7%36.7%38.6%36.7%38.0%
IV Rank62.9%30.2%84.7%43.4%62.6%
IV Percentile82.8%40.9%98.0%48.0%85.3%
Term Structure-2.2%-5.2%5.0%5.0%-5.2%
VWIV31.7%23.3%37.0%30.0%29.9%
Skew 25d7.6%4.5%12.3%8.7%9.1%
Skew 10d18.7%11.7%25.5%20.2%23.9%
Call IV 25d26.8%21.0%31.5%21.1%23.9%
Put IV 25d34.3%29.6%39.9%29.9%33.0%
Bid-Ask Spread %61.0129.3086.1577.8245.98
Gamma HHI0.380.310.430.380.41
Net GEX151.8K100.8K234.9K158.2K213.8K
Net DEX-1.6M-5.3M896.1K-1.8M-5.3M
Net VEX-46.2K-50.3K-33.6K-36.2K-47.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.160.194.820.751.84
Total Volume1,448.17214,1129811,044
Total OI19,171.2514,84520,83614,84520,836

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-07-01$17.51$18.0022.8%6.5%35.7%43.4%30.0%8.7%5.0%158.2K-1.8M-36.2K0.7577.82N/AN/A56042110,5364,309
2022-07-05$17.07$17.0029.8%9.1%36.5%67.9%32.0%5.8%-1.5%134.2K-306.3K-33.6K3.0773.46N/AN/A20061410,7214,479
2022-07-06$16.93$17.0027.9%9.2%36.0%61.1%32.3%9.0%-2.7%117.4K156.2K-34.2K1.7464.78N/AN/A1,5002,61210,7404,727
2022-07-07$17.47$17.0029.8%9.1%37.9%62.7%32.2%6.2%-0.6%122.2K-1.5M-50.0K0.8129.30N/AN/A1,5661,27412,0556,980
2022-07-08$17.57$17.0021.8%8.6%38.0%30.2%31.0%7.4%-1.2%153.5K-2.1M-50.3K4.8271.11N/AN/A2451,18112,2686,997
2022-07-11$17.27$17.0033.0%9.5%38.0%75.5%28.9%4.5%-4.1%130.3K-797.7K-48.0K0.7136.07N/AN/A47934012,3136,950
2022-07-12$17.23$17.0035.0%9.5%36.6%83.5%33.3%8.1%-1.7%121.9K-682.7K-48.1K0.3170.72N/AN/A1,07933812,2377,015
2022-07-13$17.29$17.0033.4%9.6%32.4%77.1%35.1%8.2%-3.1%154.6K-1.5M-49.6K0.3159.68N/AN/A1,05333112,9357,186
2022-07-14$16.72$17.0035.3%10.1%34.5%84.7%37.0%8.4%-4.1%100.8K896.1K-46.4K0.6935.99N/AN/A1,23085412,9507,259
2022-07-15$16.89$17.0033.1%9.5%33.5%76.0%34.0%8.2%-3.4%140.4K493.5K-48.4K0.3169.80N/AN/A1,17736313,1257,696
2022-07-18$17.21$17.0031.8%9.1%31.2%70.5%31.6%6.5%-2.4%140.9K-973.0K-48.8K0.1973.70N/AN/A1,99837812,2807,209
2022-07-19$17.58$17.0028.2%8.1%31.7%56.1%28.3%7.6%-1.2%142.8K-1.9M-48.0K0.3068.26N/AN/A1,31739611,9447,291
2022-07-20$17.57$17.0026.9%7.7%28.8%50.7%29.2%6.5%-0.1%162.4K-1.8M-48.3K0.6979.36N/AN/A62543012,1967,357
2022-07-21$17.52$17.0027.5%7.9%27.9%53.1%23.3%12.3%-1.4%149.9K-1.4M-47.7K0.4966.82N/AN/A64031512,2227,530
2022-07-22$17.36$17.0031.2%9.0%27.2%68.3%35.1%6.9%-3.7%136.6K-965.9K-48.0K0.8144.78N/AN/A51741712,3727,617
2022-07-25$17.65$17.0029.8%8.5%25.6%62.6%33.4%7.0%-2.8%169.8K-2.1M-48.0K1.4434.50N/AN/A29642512,4697,684
2022-07-26$17.54$17.0029.7%8.5%25.6%62.0%34.1%6.2%-3.8%155.7K-1.7M-47.6K0.8373.74N/AN/A43936312,5137,656
2022-07-27$17.98$17.0028.0%8.0%26.5%55.4%35.0%9.8%-3.1%196.4K-3.8M-47.3K0.9986.15N/AN/A54854512,5177,711
2022-07-28$18.05$17.0027.6%7.9%26.2%53.8%29.2%4.9%-2.3%234.9K-4.4M-47.9K2.1658.24N/AN/A27058212,8687,675
2022-07-29$18.32$17.0029.8%8.5%26.5%62.6%29.9%9.1%-5.2%213.8K-5.3M-47.7K1.8445.98N/AN/A36867612,8977,939