MFC Options History — December 2022

In December 2022, MFC traded between $17.52 and $18.13. ATM implied volatility averaged 23.0%, placing in the 35.0% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 0.7% (HV 20d: 22.2%). Max pain ranged from $17.00 to $18.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.58.

Notable Days

  • 2022-12-20: Highest Volume — 1,212 contracts
  • 2022-12-07: Largest IV spike — 23.2% change
  • 2022-12-12: Highest IV Rank — 58.5%
  • 2022-12-07: Largest Expected Move — 6.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.79$17.52$18.13$18.11$17.84
Max Pain$17.14$17.00$18.00$18.00$17.00
ATM IV23.0%19.9%28.8%21.8%21.6%
Expected Move6.3%5.7%6.7%6.2%6.2%
HV 20d22.2%17.0%31.9%31.9%17.4%
HV 60d28.4%25.3%30.5%30.5%25.3%
IV Rank35.0%22.5%58.5%30.1%29.4%
IV Percentile25.6%6.7%67.5%17.5%13.9%
Term Structure3.6%-0.2%5.1%1.1%4.1%
VWIV22.2%19.9%23.9%22.5%21.6%
Skew 25d4.7%-3.6%12.2%12.2%3.8%
Skew 10d9.4%-5.8%19.1%19.1%4.5%
Call IV 25d19.6%13.6%23.3%13.6%16.9%
Put IV 25d24.3%19.7%26.1%25.8%20.7%
Bid-Ask Spread %66.1354.1786.4769.9665.18
Gamma HHI0.500.290.860.650.32
Net GEX414.3K100.5K1.1M555.1K204.3K
Net DEX-3.2M-6.2M-733.2K-6.1M-2.6M
Net VEX-21.9K-26.4K-16.4K-23.9K-26.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.580.043.020.390.14
Total Volume357.81381,212266184
Total OI12,906.7146,21317,03116,1539,143

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-12-01$18.11$18.0021.8%6.2%31.9%30.1%22.5%12.2%1.1%555.1K-6.1M-23.9K0.3969.96N/AN/A191759,4206,733
2022-12-02$18.13$18.0022.6%6.5%30.5%33.4%22.0%-3.6%-0.2%557.1K-6.2M-24.5K0.1771.35N/AN/A63119,5686,772
2022-12-05$17.80$17.0023.3%6.2%28.9%36.4%21.5%4.1%4.9%522.7K-3.8M-23.4K0.8959.78N/AN/A1561399,5716,781
2022-12-06$17.71$17.0022.2%6.3%28.8%32.0%23.9%3.9%3.9%549.2K-3.2M-22.2K1.4460.01N/AN/A25369,5516,820
2022-12-07$17.71$17.0027.4%6.7%28.8%52.9%23.9%4.2%2.9%485.7K-3.4M-22.6K3.0254.61N/AN/A421279,5546,848
2022-12-08$17.66$17.0025.5%6.6%27.4%45.2%22.6%3.0%3.0%518.0K-2.9M-21.3K0.2171.78N/AN/A161349,5806,893
2022-12-09$17.73$17.0025.7%6.1%21.6%45.9%21.4%4.3%4.7%598.6K-3.4M-21.0K0.7359.07N/AN/A22169,6796,922
2022-12-12$17.84$17.0028.8%6.4%19.3%58.5%22.6%4.1%4.1%758.0K-4.2M-19.7K0.5261.03N/AN/A61329,6896,924
2022-12-13$18.05$17.0026.4%6.3%19.6%48.8%22.4%6.2%3.6%1.1M-5.7M-18.6K0.1554.17N/AN/A414639,6806,944
2022-12-14$17.87$17.0021.8%6.2%19.9%30.2%21.6%3.1%3.9%1.1M-4.5M-18.7K0.2186.47N/AN/A294629,9726,990
2022-12-15$17.54$18.0021.1%6.1%20.8%27.6%23.2%2.8%4.8%264.0K-923.8K-16.4K0.3269.47N/AN/A3331079,9857,046
2022-12-16$17.52$17.0021.9%6.3%20.8%30.8%22.3%1.6%4.4%100.5K-733.2K-16.4K1.3980.47N/AN/A4235909,8187,141
2022-12-19$17.52$17.0020.9%6.0%20.7%26.8%21.2%8.7%5.1%109.9K-1.4M-17.3K0.2160.44N/AN/A6031244,1332,080
2022-12-20$17.63$17.0022.0%6.3%19.7%31.1%22.0%2.4%3.4%147.1K-1.9M-19.3K0.8373.68N/AN/A6635494,6542,198
2022-12-21$17.93$17.0019.9%5.7%19.2%22.5%19.9%4.3%3.6%185.7K-2.7M-24.7K0.0858.85N/AN/A395335,3212,625
2022-12-22$17.66$17.0021.6%6.2%19.7%29.2%22.2%3.1%4.0%181.9K-2.1M-24.9K0.4270.45N/AN/A43185,6692,646
2022-12-23$17.84$17.0021.2%6.1%19.6%27.8%22.3%10.0%4.1%199.9K-2.6M-25.1K0.4169.05N/AN/A2471025,6392,655
2022-12-27$17.94$17.0022.4%6.4%17.0%32.6%22.5%3.6%4.2%191.6K-2.7M-24.6K0.0964.03N/AN/A242225,6092,720
2022-12-28$17.64$17.0021.9%6.3%18.1%30.7%22.4%8.4%2.9%187.8K-2.2M-24.4K0.4462.97N/AN/A32145,8122,732
2022-12-29$17.94$17.0022.6%6.5%17.5%33.6%22.7%8.3%2.7%208.6K-2.9M-24.7K0.0466.00N/AN/A734325,7922,732
2022-12-30$17.84$17.0021.6%6.2%17.4%29.4%21.6%3.8%4.1%204.3K-2.6M-26.4K0.1465.18N/AN/A161236,0823,061