MFC Options History — August 2024

In August 2024, MFC traded between $24.07 and $27.59. ATM implied volatility averaged 23.9%, placing in the 46.2% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded below realized volatility by 5.2% (HV 20d: 29.1%). Max pain ranged from $23.00 to $28.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 0.29.

Notable Days

  • 2024-08-20: Highest Volume — 12,702 contracts
  • 2024-08-08: Largest IV drop — 33.1% change
  • 2024-08-02: Highest IV Rank — 100.0%
  • 2024-08-02: Largest Expected Move — 9.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.93$24.07$27.59$25.68$27.59
Max Pain$24.18$23.00$28.00$28.00$25.00
ATM IV23.9%17.1%42.4%28.8%17.9%
Expected Move6.3%4.9%9.6%8.2%5.1%
HV 20d29.1%20.3%32.8%20.3%22.9%
HV 60d22.9%21.4%23.6%21.6%23.6%
IV Rank46.2%23.1%100.0%83.7%25.5%
IV Percentile64.8%23.8%100.0%98.4%32.5%
Term Structure0.6%-6.6%3.8%-5.4%0.4%
VWIV22.3%17.1%35.4%28.9%17.9%
Skew 25d2.9%0.6%8.2%2.7%1.5%
Skew 10d4.5%-1.6%16.6%5.8%4.4%
Call IV 25d20.9%16.9%33.3%28.6%17.6%
Put IV 25d23.8%18.2%38.9%31.3%19.1%
Bid-Ask Spread %42.2213.0059.7945.5331.70
Gamma HHI0.220.190.250.190.25
Net GEX707.3K478.3K961.3K636.3K720.5K
Net DEX-11.1M-17.4M-1.6M-6.9M-13.6M
Net VEX-57.5K-67.5K-49.2K-63.6K-53.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.290.011.210.010.32
Total Volume999.09110512,702805235
Total OI20,692.515,47624,66924,19816,049

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$25.68$28.0028.8%8.2%20.3%83.7%28.9%2.7%-5.4%636.3K-6.9M-63.6K0.0145.53N/AN/A801416,0348,164
2024-08-02$24.63$28.0033.4%9.6%24.7%100.0%35.4%5.6%-6.6%505.7K-1.6M-61.4K0.4759.79N/AN/A1,11752516,3578,165
2024-08-05$24.24$23.0042.4%9.2%24.3%100.0%31.9%8.2%-0.7%504.7K-5.8M-67.5K0.3846.59N/AN/A2379016,9566,312
2024-08-06$24.73$23.0036.0%7.7%25.9%80.6%27.7%5.5%0.2%675.9K-8.2M-66.6K1.2140.15N/AN/A15418717,1066,354
2024-08-07$24.07$23.0038.8%7.9%26.9%88.9%27.7%4.3%0.6%478.3K-4.2M-60.4K0.2146.53N/AN/A75915817,2346,514
2024-08-08$24.82$23.0025.9%6.8%29.6%49.9%22.9%3.6%1.7%712.1K-8.8M-64.2K0.3954.93N/AN/A2138417,8246,618
2024-08-09$25.05$23.0023.4%6.4%30.0%42.3%22.4%3.0%2.8%788.0K-10.1M-61.5K0.0353.32N/AN/A264917,8196,565
2024-08-12$24.99$23.0027.4%6.3%30.0%54.3%22.6%3.4%3.1%794.1K-10.2M-60.8K0.0253.87N/AN/A103218,0746,563
2024-08-13$25.38$23.0027.1%6.3%30.7%53.4%23.4%4.3%2.6%862.0K-12.1M-59.8K0.0245.79N/AN/A360718,1026,563
2024-08-14$25.81$23.0019.4%5.6%31.1%29.9%20.8%4.3%3.8%961.3K-14.7M-56.7K0.2356.77N/AN/A4129517,9976,560
2024-08-15$26.05$23.0018.7%5.4%31.0%27.9%19.8%3.0%1.3%948.4K-16.6M-56.0K0.1955.58N/AN/A3336217,9916,649
2024-08-16$26.14$23.0018.1%5.2%31.0%26.1%17.7%2.3%1.9%930.1K-17.2M-54.6K0.0250.66N/AN/A415917,9706,699
2024-08-19$26.27$23.0017.1%4.9%30.9%23.1%17.1%1.3%1.5%879.3K-17.4M-52.8K0.2438.75N/AN/A1573813,4675,777
2024-08-20$26.09$23.0017.5%5.0%31.0%24.2%17.9%0.6%2.5%612.9K-17.2M-49.2K0.0113.00N/AN/A12,6346813,5395,790
2024-08-21$26.06$25.0018.6%5.3%30.3%27.6%21.0%0.7%1.2%569.0K-7.8M-53.2K0.5131.80N/AN/A100519,6585,818
2024-08-22$26.21$25.0018.5%5.3%30.3%27.3%20.3%1.7%0.9%603.8K-8.3M-53.4K0.2040.82N/AN/A110229,6935,812
2024-08-23$27.18$25.0019.2%5.5%32.8%29.3%19.2%2.2%0.4%655.9K-12.2M-54.4K0.1726.60N/AN/A8671519,7245,818
2024-08-26$27.26$25.0019.6%5.6%32.8%30.5%18.2%1.6%0.5%652.4K-12.5M-53.4K0.3631.77N/AN/A247899,7835,800
2024-08-27$27.41$25.0018.9%5.4%32.6%28.6%18.5%1.7%0.6%670.6K-13.2M-53.1K0.0734.90N/AN/A264199,8145,825
2024-08-28$27.29$25.0019.8%5.7%32.1%31.3%19.5%1.7%0.6%688.0K-12.5M-53.7K0.4537.30N/AN/A2491139,9005,833
2024-08-29$27.44$25.0019.8%5.7%28.4%31.4%19.0%1.6%-0.5%710.7K-13.4M-53.7K0.7832.64N/AN/A937310,0785,867
2024-08-30$27.59$25.0017.9%5.1%22.9%25.5%17.9%1.5%0.4%720.5K-13.6M-53.9K0.3231.70N/AN/A1785710,1465,903