MFC Options History — September 2024

In September 2024, MFC traded between $27.09 and $29.62. ATM implied volatility averaged 19.7%, placing in the 23.2% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 3.5% (HV 20d: 16.3%). Max pain ranged from $25.00 to $27.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.45.

Notable Days

  • 2024-09-24: Highest Volume — 1,129 contracts
  • 2024-09-30: Largest IV spike — 14.9% change
  • 2024-09-10: Highest IV Rank — 38.9%
  • 2024-09-06: Largest Expected Move — 6.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.32$27.09$29.62$27.34$29.46
Max Pain$26.80$25.00$27.00$25.00$27.00
ATM IV19.7%16.5%23.3%21.7%19.6%
Expected Move5.6%4.7%6.4%6.2%5.6%
HV 20d16.3%12.3%22.1%22.1%13.6%
HV 60d22.7%21.6%23.7%23.6%21.6%
IV Rank23.2%9.6%38.9%37.1%20.5%
IV Percentile47.1%9.1%74.6%67.1%48.8%
Term Structure2.9%-1.5%5.4%-1.5%4.8%
VWIV19.7%16.5%24.0%21.3%19.6%
Skew 25d3.1%1.1%4.6%1.4%2.3%
Skew 10d7.2%-1.0%20.6%-1.0%2.5%
Call IV 25d18.3%15.4%20.8%20.8%18.4%
Put IV 25d21.4%18.7%24.1%22.2%20.6%
Bid-Ask Spread %52.1832.7467.5941.2946.59
Gamma HHI0.310.240.500.250.26
Net GEX762.7K562.8K1.2M675.5K789.9K
Net DEX-15.3M-19.7M-11.2M-12.7M-15.9M
Net VEX-53.5K-55.6K-51.4K-52.7K-54.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.450.001.761.171.38
Total Volume381.5571,12930157
Total OI15,320.510,63317,56316,04212,145

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$27.34$25.0021.7%6.2%22.1%37.1%21.3%1.4%-1.5%675.5K-12.7M-52.7K1.1741.29N/AN/A13916210,0865,956
2024-09-04$27.57$25.0021.0%6.0%21.5%33.5%20.8%2.2%-0.9%660.1K-13.6M-53.0K0.7933.02N/AN/A15412110,1916,089
2024-09-05$27.55$27.0020.9%5.9%18.0%33.3%21.7%2.9%2.1%677.8K-13.4M-54.3K0.8551.00N/AN/A988310,2976,197
2024-09-06$27.09$27.0021.7%6.4%17.5%33.7%21.6%3.6%1.8%647.5K-11.2M-55.6K0.0267.59N/AN/A317710,3606,277
2024-09-09$27.38$27.0022.3%6.3%17.6%35.4%24.0%4.3%2.3%684.4K-12.7M-54.2K0.0759.54N/AN/A1501010,4476,282
2024-09-10$27.38$27.0023.3%6.2%17.5%38.9%19.9%3.2%2.8%662.1K-12.6M-54.1K0.0065.04N/AN/A365110,4526,283
2024-09-11$27.64$27.0020.5%5.9%17.1%23.9%21.4%4.1%2.5%709.7K-14.3M-54.0K0.0465.87N/AN/A4331810,7266,283
2024-09-12$27.91$27.0020.2%5.8%16.6%22.7%20.1%3.7%2.9%743.4K-15.7M-54.1K1.7658.91N/AN/A6611610,9306,289
2024-09-13$28.05$27.0020.0%5.7%16.5%21.8%20.3%2.8%2.7%759.9K-16.3M-53.9K0.0462.32N/AN/A3921710,9556,194
2024-09-16$28.27$27.0020.4%5.8%16.5%23.3%19.8%3.5%2.2%841.7K-17.5M-53.6K0.1560.64N/AN/A4086011,2066,207
2024-09-17$28.26$27.0020.8%6.0%16.6%24.7%20.2%3.4%2.0%806.2K-17.4M-53.3K0.2160.66N/AN/A1853811,1296,158
2024-09-18$28.27$27.0020.3%5.8%16.2%22.9%20.3%3.4%2.6%779.1K-17.6M-53.2K0.5953.54N/AN/A35120611,2266,172
2024-09-19$28.84$27.0018.3%5.2%17.0%16.1%19.0%4.4%4.0%1.2M-19.6M-52.8K0.2552.75N/AN/A51112611,1326,346
2024-09-20$28.88$27.0017.5%5.0%17.0%13.1%18.1%2.4%4.6%1.2M-19.7M-52.8K0.0455.26N/AN/A7412711,1226,441
2024-09-23$28.91$27.0017.3%4.9%12.3%12.4%16.6%4.6%4.1%572.3K-13.2M-52.3K1.0040.16N/AN/A64648,2032,430
2024-09-24$29.23$27.0017.9%5.1%12.7%14.6%16.5%2.8%4.2%562.8K-14.2M-51.4K0.0845.39N/AN/A1,050798,2232,430
2024-09-25$29.16$27.0017.6%5.1%12.8%13.7%16.5%3.4%4.2%719.4K-14.6M-53.5K0.1840.15N/AN/A325609,0822,477
2024-09-26$29.62$27.0016.5%4.7%13.2%9.6%17.9%1.1%5.0%781.5K-16.7M-51.9K0.0532.74N/AN/A455259,3562,528
2024-09-27$29.55$27.0017.0%4.9%13.4%11.6%17.5%2.3%5.4%799.5K-16.4M-54.8K0.4351.22N/AN/A104459,5612,542
2024-09-30$29.46$27.0019.6%5.6%13.6%20.5%19.6%2.3%4.8%789.9K-15.9M-54.2K1.3846.59N/AN/A24339,5672,578