MFC Options History — April 2024

In April 2024, MFC traded between $22.80 and $24.68. ATM implied volatility averaged 22.5%, placing in the 60.3% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 3.6% (HV 20d: 18.9%). Max pain ranged from $23.00 to $24.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.88.

Notable Days

  • 2024-04-17: Highest Volume — 1,594 contracts
  • 2024-04-10: Largest IV spike — 31.4% change
  • 2024-04-30: Highest IV Rank — 88.5%
  • 2024-04-30: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.70$22.80$24.68$24.55$23.39
Max Pain$23.86$23.00$24.00$23.00$24.00
ATM IV22.5%16.5%28.5%16.5%28.5%
Expected Move6.6%4.7%8.2%4.7%8.2%
HV 20d18.9%16.0%21.4%16.0%17.5%
HV 60d24.7%23.9%25.3%23.9%24.9%
IV Rank60.3%32.2%88.5%32.2%88.5%
IV Percentile69.3%14.3%99.2%14.3%99.2%
Term Structure-1.8%-6.1%4.0%3.2%-6.1%
VWIV22.4%15.8%27.4%17.4%27.4%
Skew 25d2.9%0.9%4.3%3.2%3.3%
Skew 10d3.7%-2.3%12.8%-0.3%2.9%
Call IV 25d21.5%14.5%26.6%15.0%26.0%
Put IV 25d24.3%17.2%29.4%18.2%29.4%
Bid-Ask Spread %65.5745.2181.7145.4569.81
Gamma HHI0.350.280.440.300.40
Net GEX561.5K344.4K894.4K834.8K352.9K
Net DEX-9.6M-14.8M-5.8M-14.3M-7.0M
Net VEX-45.3K-51.2K-38.4K-44.9K-50.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.880.0015.780.263.15
Total Volume327.273431,594394427
Total OI12,772.18212,07114,80212,07113,740

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$24.55$23.0016.5%4.7%16.0%32.2%17.4%3.2%3.2%834.8K-14.3M-44.9K0.2645.45N/AN/A3128210,4231,648
2024-04-02$24.45$23.0019.1%5.5%16.0%44.5%17.8%0.9%2.3%810.0K-13.8M-45.2K1.0045.53N/AN/A252510,4641,724
2024-04-03$24.68$23.0016.5%4.7%16.2%32.4%15.8%4.1%4.0%855.9K-14.8M-44.7K0.0045.21N/AN/A211010,4561,787
2024-04-04$24.29$24.0019.5%6.4%17.3%46.5%21.3%2.9%-2.0%760.2K-12.8M-44.6K0.1568.53N/AN/A1512210,3771,787
2024-04-05$24.41$24.0019.3%6.3%17.4%45.3%20.8%1.9%-0.6%800.6K-13.4M-44.5K0.1075.53N/AN/A90910,3851,794
2024-04-08$24.63$24.0017.9%5.9%16.9%38.8%21.7%2.2%-1.1%861.7K-14.4M-43.4K0.2975.94N/AN/A481410,4071,795
2024-04-09$24.63$24.0016.7%5.9%16.9%33.4%20.0%3.2%-0.8%894.4K-14.3M-42.9K0.0081.71N/AN/A43010,4111,796
2024-04-10$24.09$24.0021.9%6.3%18.9%57.8%21.2%2.2%-1.2%711.8K-11.7M-42.1K0.2969.78N/AN/A992910,4171,796
2024-04-11$23.76$24.0021.5%6.2%18.8%55.8%21.2%2.8%-1.6%594.9K-10.2M-41.6K0.0269.82N/AN/A241510,4111,800
2024-04-12$23.14$24.0023.8%6.8%20.9%66.7%23.1%3.4%-1.5%504.3K-8.0M-40.9K0.6963.91N/AN/A20514210,5181,802
2024-04-15$22.91$24.0024.7%7.1%20.9%70.7%24.5%3.0%-2.5%475.9K-7.0M-39.4K0.8460.93N/AN/A816810,4361,929
2024-04-16$22.80$24.0024.2%6.9%20.9%68.5%24.1%2.8%-3.0%462.0K-6.4M-38.6K0.2377.79N/AN/A1242910,4521,977
2024-04-17$22.84$24.0024.2%6.9%20.6%68.3%24.1%2.9%-3.0%487.1K-6.8M-38.4K15.7876.15N/AN/A951,49910,4771,833
2024-04-18$22.88$24.0024.1%6.9%20.6%68.0%24.3%2.5%-2.1%362.5K-5.8M-45.5K10.0478.31N/AN/A1121,12410,5313,222
2024-04-19$23.04$24.0023.9%6.8%20.9%66.8%24.2%1.7%-1.8%344.4K-6.3M-49.6K0.3377.38N/AN/A1334410,5744,228
2024-04-22$23.43$24.0025.3%7.2%21.4%73.3%23.7%4.2%-2.6%378.3K-7.5M-48.6K0.0663.49N/AN/A320198,7744,036
2024-04-23$23.59$24.0022.8%6.5%20.8%61.7%22.6%3.1%-2.9%407.2K-8.1M-49.0K3.4461.84N/AN/A1023518,9094,055
2024-04-24$23.46$24.0024.9%7.2%20.8%71.8%18.3%3.7%-3.7%368.2K-7.4M-50.4K0.0256.20N/AN/A36388,9894,434
2024-04-25$23.39$24.0026.2%7.5%19.9%77.8%25.3%4.3%-3.2%349.1K-7.1M-51.1K0.3056.07N/AN/A149448,9544,442
2024-04-26$23.46$24.0026.3%7.5%18.6%78.0%26.0%3.3%-3.8%358.2K-7.4M-51.2K1.0457.49N/AN/A28299,0204,451
2024-04-29$23.52$24.0026.6%7.6%17.5%79.5%27.3%1.3%-5.2%379.6K-7.7M-50.2K3.3265.68N/AN/A692299,0494,478
2024-04-30$23.39$24.0028.5%8.2%17.5%88.5%27.4%3.3%-6.1%352.9K-7.0M-50.6K3.1569.81N/AN/A1033249,0904,650