MFC Options History — October 2023

In October 2023, MFC traded between $17.13 and $18.73. ATM implied volatility averaged 23.7%, placing in the 39.8% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 1.9% (HV 20d: 21.8%). Max pain ranged from $17.00 to $19.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.85.

Notable Days

  • 2023-10-11: Highest Volume — 1,724 contracts
  • 2023-10-09: Largest IV spike — 19.3% change
  • 2023-10-27: Highest IV Rank — 49.0%
  • 2023-10-27: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.89$17.13$18.73$17.88$17.37
Max Pain$17.23$17.00$19.00$18.00$17.00
ATM IV23.7%20.3%27.0%21.0%25.2%
Expected Move6.9%5.8%7.7%6.0%7.2%
HV 20d21.8%20.5%23.1%20.5%21.4%
HV 60d19.5%18.6%20.3%18.9%20.2%
IV Rank39.8%30.3%49.0%32.2%43.9%
IV Percentile66.8%35.7%88.9%41.7%81.3%
Term Structure0.1%-2.6%3.4%3.1%-0.0%
VWIV23.7%14.5%28.7%14.5%25.8%
Skew 25d4.8%-3.5%8.6%7.9%-3.5%
Skew 10d9.4%-0.6%19.2%11.8%-0.6%
Call IV 25d21.4%16.6%26.6%16.6%25.8%
Put IV 25d26.3%22.2%28.8%24.6%22.2%
Bid-Ask Spread %27.858.2362.8062.8011.96
Gamma HHI0.330.230.480.250.23
Net GEX121.2K41.3K239.8K101.2K65.7K
Net DEX42.1K-2.6M1.9M481.8K1.5M
Net VEX-17.9K-21.1K-14.1K-17.7K-14.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.850.013.770.622.43
Total Volume293.727451,724339127
Total OI9,023.6367,66710,7357,7608,846

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$17.88$18.0021.0%6.0%20.5%32.2%14.5%7.9%3.1%101.2K481.8K-17.7K0.6262.80N/AN/A2091305,1032,657
2023-10-03$17.62$18.0022.5%6.5%21.0%36.4%25.1%6.8%2.4%65.7K1.1M-16.1K3.7718.40N/AN/A532004,9842,683
2023-10-04$17.68$18.0020.3%5.8%21.0%30.3%18.0%6.2%3.4%74.0K907.3K-16.6K1.2149.24N/AN/A1001215,0162,690
2023-10-05$17.94$19.0022.3%7.0%21.8%35.9%28.7%3.0%-0.2%101.4K371.8K-18.4K0.0621.33N/AN/A537335,0932,727
2023-10-06$18.20$17.0020.5%6.9%22.5%30.7%24.4%7.3%0.2%172.2K-967.0K-20.2K0.5239.88N/AN/A103545,6102,757
2023-10-09$18.27$17.0024.4%7.2%21.3%41.8%25.1%8.6%-1.0%183.2K-1.3M-20.5K0.179.29N/AN/A111195,6792,774
2023-10-10$18.48$17.0021.3%6.9%21.7%32.9%22.7%5.3%0.7%211.6K-1.8M-20.2K0.5612.22N/AN/A162915,6462,781
2023-10-11$18.73$17.0021.0%6.0%22.3%32.2%19.5%4.5%0.9%239.8K-2.6M-21.1K0.0423.28N/AN/A1,663615,6932,780
2023-10-12$18.41$17.0023.7%6.8%21.7%39.8%22.9%3.9%0.4%219.0K-1.6M-20.3K3.6734.06N/AN/A541987,2782,797
2023-10-13$18.32$17.0024.5%7.0%21.6%42.1%24.1%2.5%-0.7%188.8K-1.3M-20.8K2.2651.41N/AN/A531207,2842,971
2023-10-16$18.52$17.0022.2%6.4%22.0%35.6%22.5%3.2%-0.1%167.1K-1.6M-20.3K0.1314.48N/AN/A86117,2943,067
2023-10-17$18.57$17.0021.8%6.2%21.6%34.4%22.2%4.1%0.2%192.4K-1.8M-20.4K0.0144.52N/AN/A26527,3593,077
2023-10-18$18.16$17.0024.9%7.1%22.7%43.0%25.5%5.3%-1.1%175.7K-792.1K-20.0K0.7819.65N/AN/A63497,6043,101
2023-10-19$17.79$17.0024.5%7.0%22.0%42.1%22.0%4.3%-2.6%146.2K460.9K-18.0K0.1754.13N/AN/A115197,6003,135
2023-10-20$17.41$17.0025.4%7.3%22.9%44.5%22.2%7.9%2.5%56.5K1.4M-15.9K0.5011.91N/AN/A103527,5623,152
2023-10-23$17.49$17.0025.4%7.3%23.1%44.4%24.1%8.1%0.4%51.7K1.3M-15.5K0.0518.73N/AN/A515285,5283,002
2023-10-24$17.41$17.0025.3%7.3%22.8%44.2%26.2%6.4%-0.8%47.2K1.4M-15.0K0.2343.46N/AN/A300685,4543,019
2023-10-25$17.34$17.0026.5%7.6%22.0%47.7%26.0%5.4%-0.9%50.7K1.4M-15.5K1.2537.76N/AN/A20255,5293,080
2023-10-26$17.39$17.0026.5%7.6%21.2%47.7%26.6%2.2%-1.1%53.7K1.3M-15.9K0.0612.13N/AN/A169105,5393,088
2023-10-27$17.13$17.0027.0%7.7%21.6%49.0%26.6%2.6%-1.3%41.3K1.9M-14.1K0.1413.82N/AN/A222305,6333,090
2023-10-30$17.52$17.0025.2%7.2%21.8%44.0%25.9%4.5%-2.1%61.9K1.1M-15.4K0.028.23N/AN/A10925,6493,109
2023-10-31$17.37$17.0025.2%7.2%21.4%43.9%25.8%-3.5%-0.0%65.7K1.5M-14.9K2.4311.96N/AN/A37905,7363,110