MFC Options History — August 2022

In August 2022, MFC traded between $17.38 and $19.10. ATM implied volatility averaged 24.6%, placing in the 41.6% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 0.9% (HV 20d: 23.7%). Max pain ranged from $17.00 to $19.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 16 of 23 days. Put/call ratio averaged 1.40.

Notable Days

  • 2022-08-19: Highest Volume — 4,116 contracts
  • 2022-08-10: Largest IV drop — 30.7% change
  • 2022-08-04: Highest IV Rank — 72.4%
  • 2022-08-01: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.32$17.38$19.10$18.20$17.38
Max Pain$18.30$17.00$19.00$17.00$19.00
ATM IV24.6%18.7%32.2%29.4%28.1%
Expected Move6.8%5.4%8.4%8.4%8.0%
HV 20d23.7%20.2%27.3%26.5%27.2%
HV 60d31.2%28.1%37.7%37.7%29.7%
IV Rank41.6%17.6%72.4%60.9%55.5%
IV Percentile50.5%8.7%93.7%83.3%75.4%
Term Structure0.6%-9.3%6.0%-6.8%-0.2%
VWIV23.6%19.0%29.7%27.2%25.6%
Skew 25d4.2%-0.2%9.1%1.9%6.3%
Skew 10d14.4%4.0%45.1%15.9%16.4%
Call IV 25d22.0%16.7%30.2%27.6%24.0%
Put IV 25d26.3%21.1%30.2%29.5%30.2%
Bid-Ask Spread %47.428.9880.1961.199.26
Gamma HHI0.270.190.370.370.25
Net GEX144.0K16.1K322.5K184.6K17.3K
Net DEX-5.1M-10.7M777.5K-4.7M777.5K
Net VEX-44.0K-47.1K-39.4K-46.9K-43.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.400.064.941.721.05
Total Volume964.609444,1161,0173,411
Total OI21,780.91319,29424,03021,25920,268

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-08-01$18.20$17.0029.4%8.4%26.5%60.9%27.2%1.9%-6.8%184.6K-4.7M-46.9K1.7261.19N/AN/A37464312,9738,286
2022-08-02$18.12$18.0028.5%8.2%24.6%57.2%29.5%-0.2%-6.5%153.3K-4.1M-47.1K1.1852.81N/AN/A42249613,0748,663
2022-08-03$18.26$18.0028.7%8.2%24.3%58.2%29.7%1.2%-9.3%158.7K-4.8M-46.4K0.7859.22N/AN/A52040413,0768,803
2022-08-04$18.24$18.0032.2%7.6%22.0%72.4%26.2%5.1%-0.0%146.2K-4.8M-46.8K0.7820.38N/AN/A49838713,0978,829
2022-08-05$18.20$18.0029.0%7.2%22.1%59.3%24.1%5.7%1.4%161.9K-4.5M-45.5K2.0140.49N/AN/A6811,36713,1118,830
2022-08-08$18.40$18.0030.9%7.2%21.1%66.9%25.3%6.4%1.4%54.9K-5.1M-45.1K0.3471.59N/AN/A88830113,0519,729
2022-08-09$18.32$18.0032.1%7.4%21.2%72.1%27.3%5.5%1.3%38.8K-4.9M-45.2K4.4676.98N/AN/A2812513,4259,745
2022-08-10$18.95$18.0022.3%6.4%23.8%32.2%23.6%5.0%3.3%86.0K-8.7M-42.9K1.3536.08N/AN/A36148813,4479,834
2022-08-11$18.72$18.0020.0%5.7%20.2%23.0%20.8%3.5%5.7%148.9K-8.1M-42.3K4.9479.13N/AN/A2381,17613,8239,517
2022-08-12$19.10$18.0019.1%5.5%20.8%19.4%19.1%3.4%5.4%238.4K-10.6M-39.8K0.2943.46N/AN/A80723313,7768,951
2022-08-15$18.89$18.0020.7%5.9%21.1%25.9%20.9%2.1%4.3%257.8K-9.9M-40.9K0.7677.53N/AN/A26820414,2768,940
2022-08-16$19.05$18.0020.3%5.8%20.2%24.0%20.3%2.7%4.8%283.5K-10.7M-40.5K0.0646.39N/AN/A2501614,2809,094
2022-08-17$18.90$18.0019.0%5.4%20.6%18.9%19.0%4.4%6.0%279.1K-9.9M-39.4K1.1770.56N/AN/A20624014,4689,096
2022-08-18$18.85$18.0018.7%5.4%20.6%17.6%19.2%1.4%1.3%322.5K-9.6M-40.3K0.1180.19N/AN/A3553914,5199,282
2022-08-19$18.60$18.0021.0%6.0%21.0%26.9%19.8%3.0%0.1%238.3K-8.2M-41.0K2.1467.64N/AN/A1,3112,80514,7399,291
2022-08-22$17.74$19.0024.2%6.9%27.1%40.1%22.7%6.2%-0.6%97.6K-716.4K-46.2K0.7525.15N/AN/A80160211,7687,665
2022-08-23$17.95$19.0023.7%6.8%27.3%38.0%24.4%5.5%0.0%97.0K-1.9M-46.2K1.189.45N/AN/A28734011,6667,628
2022-08-24$17.90$19.0022.8%6.5%25.8%34.3%22.4%5.3%0.0%81.3K-1.5M-47.0K0.698.98N/AN/A352411,8997,959
2022-08-25$18.21$19.0023.3%6.7%26.5%36.4%23.4%9.1%0.4%103.8K-2.8M-46.5K0.2230.99N/AN/A1022211,9297,946
2022-08-26$17.85$19.0023.8%6.8%26.9%38.4%24.1%0.9%0.9%77.6K-1.5M-46.2K1.9834.06N/AN/A6412712,0117,942
2022-08-29$17.79$19.0024.7%7.1%26.8%42.0%25.0%8.8%-0.1%68.0K-1.0M-45.6K2.6736.99N/AN/A123212,0528,061
2022-08-30$17.66$19.0023.4%6.7%26.9%36.7%23.7%4.6%2.1%16.1K-24.3K-41.9K1.6852.21N/AN/A7312312,0608,082
2022-08-31$17.38$19.0028.1%8.0%27.2%55.5%25.6%6.3%-0.2%17.3K777.5K-43.5K1.059.26N/AN/A1,6661,74512,0688,200