MFC Options History — April 2023

In April 2023, MFC traded between $18.38 and $19.73. ATM implied volatility averaged 22.8%, placing in the 18.6% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 5.6% (HV 20d: 17.2%). Max pain ranged from $16.00 to $19.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.83.

Notable Days

  • 2023-04-17: Highest Volume — 742 contracts
  • 2023-04-12: Largest IV spike — 29.7% change
  • 2023-04-25: Highest IV Rank — 29.3%
  • 2023-04-25: Largest Expected Move — 7.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.07$18.38$19.73$18.55$19.73
Max Pain$18.21$16.00$19.00$18.00$19.00
ATM IV22.8%19.6%25.8%20.7%22.1%
Expected Move6.7%5.7%7.4%5.9%6.3%
HV 20d17.2%10.9%25.1%25.0%16.5%
HV 60d20.5%19.7%21.2%21.2%20.5%
IV Rank18.6%7.0%29.3%11.0%16.2%
IV Percentile27.0%4.4%50.0%8.7%21.0%
Term Structure-0.7%-3.9%4.7%1.5%-2.4%
VWIV23.9%20.6%27.0%22.3%23.6%
Skew 25d5.9%2.5%10.1%7.4%10.1%
Skew 10d13.7%4.8%28.5%28.5%8.9%
Call IV 25d19.9%15.8%23.8%18.2%15.8%
Put IV 25d25.9%23.0%28.8%25.6%25.9%
Bid-Ask Spread %34.7015.1362.1159.2049.22
Gamma HHI0.280.260.320.280.28
Net GEX461.1K366.3K550.2K385.3K548.0K
Net DEX-5.2M-7.9M-2.9M-3.4M-7.6M
Net VEX-33.2K-35.0K-31.5K-32.2K-34.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.830.012.560.450.20
Total Volume299.94730742368202
Total OI14,260.63213,17015,37413,17014,304

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$18.55$18.0020.7%5.9%25.0%11.0%22.3%7.4%1.5%385.3K-3.4M-32.2K0.4559.20N/AN/A2531159,8493,321
2023-04-04$18.38$18.0023.1%6.6%24.7%19.7%22.9%5.5%3.0%366.3K-2.9M-31.7K2.5647.53N/AN/A611569,8733,382
2023-04-05$18.55$18.0019.9%5.7%25.1%7.9%23.6%5.2%4.7%383.4K-3.4M-32.6K1.0043.31N/AN/A57579,9113,519
2023-04-06$18.59$16.0020.3%6.9%23.4%9.3%26.0%4.6%0.1%390.1K-3.3M-32.5K0.3651.85N/AN/A2289,9613,525
2023-04-10$18.69$16.0020.9%6.9%22.5%11.6%24.5%6.7%-0.6%426.8K-3.8M-31.5K0.6048.07N/AN/A96589,9703,530
2023-04-11$18.88$16.0019.6%7.0%22.1%7.0%23.8%5.6%-0.9%478.4K-4.5M-32.3K1.5726.65N/AN/A26842110,0123,578
2023-04-12$18.88$19.0025.4%7.3%21.5%28.1%27.0%2.5%-2.3%478.2K-4.7M-33.9K0.9562.11N/AN/A31129410,2433,913
2023-04-13$19.12$18.0024.1%6.9%16.2%23.3%25.5%6.9%-1.4%507.8K-5.3M-34.0K0.5530.40N/AN/A1246810,5054,199
2023-04-14$19.18$18.0024.8%7.1%16.1%25.9%24.8%6.3%-1.0%525.8K-5.8M-34.8K2.3055.41N/AN/A4610610,5484,225
2023-04-17$19.23$18.0024.5%7.0%11.9%24.9%22.8%6.7%-2.0%550.2K-6.0M-32.7K0.2115.13N/AN/A61512710,5564,216
2023-04-18$19.55$19.0021.4%6.1%11.8%13.4%22.7%7.5%0.7%529.1K-7.9M-34.3K0.4617.68N/AN/A27012410,9814,325
2023-04-19$19.48$19.0022.1%6.3%12.0%15.9%20.6%6.0%0.5%505.3K-7.5M-35.0K1.3020.79N/AN/A202610,9564,387
2023-04-20$19.38$19.0022.1%6.3%12.0%16.1%22.6%4.5%-1.1%493.2K-7.1M-33.6K0.2417.33N/AN/A4079610,9694,405
2023-04-21$19.34$19.0022.7%6.5%11.3%18.3%21.9%4.7%-0.8%452.2K-6.5M-33.3K0.1016.14N/AN/A6126310,8674,427
2023-04-24$19.38$19.0022.6%6.5%10.9%17.9%21.6%5.6%-0.9%468.4K-5.8M-33.9K0.2616.53N/AN/A1935110,2143,762
2023-04-25$18.96$19.0025.8%7.4%14.3%29.3%25.4%5.9%-3.1%387.5K-4.1M-33.0K0.7530.34N/AN/A614610,3323,804
2023-04-26$18.96$19.0025.6%7.3%14.3%28.9%26.2%2.6%-3.6%393.3K-4.2M-33.0K1.8227.80N/AN/A407310,3633,844
2023-04-27$19.44$19.0025.7%7.4%16.2%29.2%26.2%8.3%-3.9%490.8K-6.0M-32.7K0.0123.79N/AN/A150210,3823,794
2023-04-28$19.73$19.0022.1%6.3%16.5%16.2%23.6%10.1%-2.4%548.0K-7.6M-34.5K0.2049.22N/AN/A1683410,5113,793