MFC Options History — January 2023

In January 2023, MFC traded between $17.79 and $19.87. ATM implied volatility averaged 23.1%, placing in the 27.1% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 3.6% (HV 20d: 19.4%). 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 4 of 20 days. Put/call ratio averaged 0.68.

Notable Days

  • 2023-01-26: Highest Volume — 1,098 contracts
  • 2023-01-30: Largest IV spike — 24.8% change
  • 2023-01-30: Highest IV Rank — 42.9%
  • 2023-01-30: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.89$17.79$19.87$17.79$19.73
Max Pain$17.90$17.00$18.00$17.00$18.00
ATM IV23.1%20.9%27.4%22.2%24.1%
Expected Move6.8%6.0%7.9%6.4%6.9%
HV 20d19.4%17.4%20.8%17.4%19.1%
HV 60d23.9%23.1%25.1%25.0%23.7%
IV Rank27.1%11.2%42.9%31.7%26.7%
IV Percentile25.0%7.1%59.9%19.8%32.9%
Term Structure-0.7%-4.5%3.7%3.7%-3.1%
VWIV23.5%21.1%28.9%22.6%25.5%
Skew 25d5.7%-0.3%10.1%7.6%10.1%
Skew 10d8.2%-13.6%22.7%10.9%22.7%
Call IV 25d20.5%14.6%24.7%17.0%17.5%
Put IV 25d26.2%20.6%29.6%24.6%27.6%
Bid-Ask Spread %45.0421.6175.1267.1736.27
Gamma HHI0.400.320.640.340.32
Net GEX386.2K224.5K653.7K224.5K469.2K
Net DEX-6.6M-9.4M-2.6M-2.6M-9.4M
Net VEX-28.1K-31.9K-25.7K-25.7K-30.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.014.750.870.07
Total Volume494.5691,098513459
Total OI10,9209,29812,5369,29812,536

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$17.79$17.0022.2%6.4%17.4%31.7%22.6%7.6%3.7%224.5K-2.6M-25.7K0.8767.17N/AN/A2752386,2093,089
2023-01-04$18.21$17.0023.8%6.8%18.2%38.3%23.7%-0.3%3.5%264.6K-4.0M-27.1K0.0474.50N/AN/A644286,4793,160
2023-01-05$17.99$18.0023.1%7.6%18.7%35.5%28.9%5.7%-0.6%255.6K-3.2M-26.9K4.7562.45N/AN/A12576,5433,155
2023-01-06$18.38$18.0021.6%7.6%20.0%29.6%22.9%7.4%-1.0%292.9K-4.4M-26.6K0.1155.71N/AN/A374426,5513,190
2023-01-09$18.41$18.0023.7%7.6%20.0%37.9%23.1%5.5%-1.2%318.6K-4.8M-26.6K0.1145.76N/AN/A409466,8273,205
2023-01-10$18.41$18.0023.6%7.6%20.0%37.4%23.6%6.3%-0.7%352.4K-5.0M-27.6K0.8559.31N/AN/A108927,1763,197
2023-01-11$18.76$18.0023.2%6.6%20.8%35.9%23.3%6.5%0.5%351.0K-6.3M-27.7K0.0525.40N/AN/A459257,2423,237
2023-01-12$18.91$18.0023.0%6.6%20.6%35.3%24.3%6.1%0.3%360.1K-7.1M-28.2K0.0128.28N/AN/A68777,4863,236
2023-01-13$18.95$18.0022.4%6.4%20.1%18.5%22.2%6.9%-0.8%379.4K-7.0M-28.3K0.0459.56N/AN/A476217,6883,240
2023-01-17$19.02$18.0022.5%6.4%18.4%18.7%23.0%10.0%-1.9%449.8K-7.9M-27.0K0.0640.05N/AN/A9667,9843,251
2023-01-18$18.70$18.0022.6%6.5%19.8%19.5%22.6%4.7%-0.6%427.5K-6.5M-27.7K0.0849.28N/AN/A861737,9863,347
2023-01-19$18.71$18.0022.4%6.4%19.8%18.5%25.0%2.1%-0.0%416.9K-6.5M-28.1K0.1324.63N/AN/A489658,1943,363
2023-01-20$19.04$18.0022.6%6.5%20.4%19.3%22.6%3.6%-1.1%653.7K-8.2M-28.2K0.0342.81N/AN/A766218,3933,413
2023-01-23$19.07$18.0022.6%6.5%19.8%19.5%23.1%2.6%-0.9%401.1K-7.0M-28.0K2.4929.93N/AN/A691727,6872,967
2023-01-24$19.21$18.0023.7%6.8%18.7%24.9%21.4%2.3%-1.2%394.5K-7.4M-28.8K0.3075.12N/AN/A3641087,7283,110
2023-01-25$19.41$18.0023.7%6.8%18.7%24.8%23.5%1.1%-0.9%422.4K-8.1M-28.2K2.7341.40N/AN/A1684587,9513,177
2023-01-26$19.87$18.0020.9%6.0%19.9%11.2%21.1%9.8%-1.3%386.8K-9.4M-28.3K0.0221.61N/AN/A1,073258,0513,544
2023-01-27$19.66$18.0022.0%6.3%19.1%16.2%23.8%7.8%-1.2%445.7K-9.0M-31.9K0.4939.75N/AN/A3481698,7623,566
2023-01-30$19.48$18.0027.4%7.9%19.3%42.9%24.5%8.4%-4.5%456.8K-8.4M-30.8K0.4521.78N/AN/A69318,8743,606
2023-01-31$19.73$18.0024.1%6.9%19.1%26.7%25.5%10.1%-3.1%469.2K-9.4M-30.2K0.0736.27N/AN/A430298,9103,626