MFC Options History — June 2023

In June 2023, MFC traded between $18.23 and $19.39. ATM implied volatility averaged 17.8%, placing in the 5.2% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded below realized volatility by 2.4% (HV 20d: 20.1%). Max pain ranged from $19.00 to $19.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.71.

Notable Days

  • 2023-06-13: Highest Volume — 488 contracts
  • 2023-06-12: Largest IV spike — 43.9% change
  • 2023-06-12: Highest IV Rank — 25.7%
  • 2023-06-01: Largest Expected Move — 5.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.95$18.23$19.39$18.79$18.94
Max Pain$19.00$19.00$19.00$19.00$19.00
ATM IV17.8%14.2%24.0%20.7%14.4%
Expected Move4.9%4.1%5.9%5.9%4.1%
HV 20d20.1%16.4%25.7%24.7%16.5%
HV 60d20.2%18.8%22.9%22.4%19.5%
IV Rank5.2%0.0%25.7%10.8%0.5%
IV Percentile5.6%0.0%48.4%12.7%0.4%
Term Structure2.8%-1.5%6.1%-1.5%4.0%
VWIV16.7%13.8%21.0%21.0%14.4%
Skew 25d3.8%-0.8%6.7%5.9%1.2%
Skew 10d6.1%-0.8%10.0%8.1%2.0%
Call IV 25d14.3%11.6%16.6%16.6%11.6%
Put IV 25d18.1%12.8%22.4%22.4%12.8%
Bid-Ask Spread %28.426.9882.236.9882.23
Gamma HHI0.300.260.570.260.29
Net GEX454.6K188.7K954.5K406.1K352.5K
Net DEX-2.8M-4.5M-686.8K-2.3M-2.6M
Net VEX-20.4K-24.8K-15.1K-22.8K-19.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.005.290.890.06
Total Volume207.57144488132315
Total OI11,1518,01313,33312,7598,878

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$18.79$19.0020.7%5.9%24.7%10.8%21.0%5.9%-1.5%406.1K-2.3M-22.8K0.896.98N/AN/A70629,8512,908
2023-06-02$19.23$19.0018.2%5.2%25.7%1.7%17.2%4.5%1.9%632.0K-4.0M-24.8K1.368.83N/AN/A1522079,8512,917
2023-06-05$19.11$19.0020.2%5.4%23.4%9.1%17.0%4.0%2.2%560.3K-3.3M-23.1K0.3351.77N/AN/A42149,8973,037
2023-06-06$19.24$19.0018.7%5.4%23.3%3.5%18.7%5.4%2.2%619.5K-3.7M-22.9K0.0926.81N/AN/A186179,8853,045
2023-06-07$19.38$19.0020.6%5.2%23.6%10.4%18.1%5.1%2.2%721.3K-4.4M-23.6K0.0029.76N/AN/A436010,0363,037
2023-06-08$19.24$19.0020.9%5.2%23.1%11.5%0.0%4.5%1.9%623.8K-3.6M-21.9K0.0329.80N/AN/A141410,0903,037
2023-06-09$19.24$19.0016.7%5.0%22.7%0.0%17.2%3.6%2.6%609.7K-4.0M-23.4K1.4716.14N/AN/A598710,1783,024
2023-06-12$19.30$19.0024.0%5.4%20.6%25.7%18.2%4.3%1.9%630.2K-4.1M-23.0K0.1530.25N/AN/A41610,1793,095
2023-06-13$19.39$19.0018.6%5.0%19.2%6.7%16.3%4.6%2.7%648.5K-4.5M-22.8K0.6521.62N/AN/A29619210,1953,106
2023-06-14$19.30$19.0017.2%4.9%19.0%1.7%17.0%3.6%3.1%446.9K-3.8M-22.3K5.2970.62N/AN/A73710,0443,256
2023-06-15$19.34$19.0018.2%5.2%18.4%5.2%17.6%4.3%2.1%383.6K-4.0M-22.5K1.4915.39N/AN/A395810,0443,289
2023-06-16$19.05$19.0016.6%4.8%19.1%0.0%15.3%2.9%3.0%954.5K-2.9M-20.4K0.2928.87N/AN/A1574610,0193,292
2023-06-20$18.77$19.0016.7%4.8%19.7%0.3%16.8%6.7%3.3%262.8K-1.9M-18.3K1.1118.96N/AN/A2232476,7201,293
2023-06-21$18.73$19.0015.6%4.5%19.7%0.0%15.6%5.0%3.5%268.7K-1.8M-18.9K0.1316.75N/AN/A7096,9061,498
2023-06-22$18.49$19.0017.3%5.0%19.0%5.9%15.8%2.5%2.9%223.7K-1.2M-16.8K0.198.87N/AN/A131256,9371,506
2023-06-23$18.23$19.0017.6%5.1%17.1%7.0%16.6%-0.8%3.2%188.7K-686.8K-15.4K1.0029.54N/AN/A77776,9331,524
2023-06-26$18.38$19.0016.6%4.7%17.3%3.2%16.6%1.5%6.1%207.0K-929.5K-15.1K0.1935.86N/AN/A262506,9571,494
2023-06-27$18.62$19.0014.2%4.1%17.2%0.0%13.8%3.7%4.2%260.2K-1.5M-17.0K0.0338.77N/AN/A10037,1431,515
2023-06-28$18.62$19.0015.4%4.4%17.2%3.7%15.3%3.4%3.1%266.8K-1.6M-17.2K0.0415.00N/AN/A324147,1991,518
2023-06-29$18.66$19.0014.6%4.2%16.4%1.3%15.4%4.6%4.3%279.6K-1.6M-16.8K0.0713.94N/AN/A7157,3171,521
2023-06-30$18.94$19.0014.4%4.1%16.5%0.5%14.4%1.2%4.0%352.5K-2.6M-19.2K0.0682.23N/AN/A296197,3581,520