MFC Options History — November 2024

In November 2024, MFC traded between $29.45 and $32.88. ATM implied volatility averaged 24.2%, placing in the 36.6% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 0.7% (HV 20d: 23.5%). Max pain ranged from $26.00 to $31.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.79.

Notable Days

  • 2024-11-22: Highest Volume — 2,548 contracts
  • 2024-11-07: Largest IV drop — 32.9% change
  • 2024-11-05: Highest IV Rank — 92.9%
  • 2024-11-01: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.87$29.45$32.88$29.45$32.14
Max Pain$28.00$26.00$31.00$31.00$30.00
ATM IV24.2%18.9%40.4%36.1%20.1%
Expected Move6.2%5.4%10.4%10.4%5.8%
HV 20d23.5%14.9%26.4%15.4%24.4%
HV 60d18.0%15.5%18.9%15.5%18.7%
IV Rank36.6%18.2%92.9%78.1%22.3%
IV Percentile66.2%42.1%99.6%99.2%53.2%
Term Structure0.0%-7.9%2.9%-7.9%-0.2%
VWIV22.2%18.7%34.9%34.9%19.9%
Skew 25d2.7%0.7%4.1%2.9%3.0%
Skew 10d5.8%-4.2%12.7%12.7%6.4%
Call IV 25d20.8%18.2%34.5%34.5%19.7%
Put IV 25d23.5%20.9%37.4%37.4%22.7%
Bid-Ask Spread %60.2431.2181.5172.8865.95
Gamma HHI0.220.170.320.170.23
Net GEX780.3K552.9K985.4K552.9K985.4K
Net DEX-22.4M-33.2M-13.4M-13.4M-18.2M
Net VEX-61.1K-84.6K-41.6K-56.9K-81.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.015.760.380.50
Total Volume943.12572,548682360
Total OI17,298.6514,00621,50715,93716,677

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$29.45$31.0036.1%10.4%15.4%78.1%34.9%2.9%-7.9%552.9K-13.4M-56.9K0.3872.88N/AN/A49418811,6214,316
2024-11-04$29.66$26.0038.2%7.8%14.9%85.4%30.3%3.7%-2.8%584.5K-14.4M-56.1K0.7263.90N/AN/A47534411,7544,475
2024-11-05$29.95$26.0040.4%7.7%15.3%92.9%28.0%4.1%-2.2%579.2K-15.4M-55.6K0.2660.60N/AN/A2827311,9014,805
2024-11-06$31.23$26.0034.1%6.8%21.2%71.2%22.5%3.6%-0.9%648.5K-21.5M-51.0K0.2270.48N/AN/A93920411,9804,837
2024-11-07$32.34$26.0022.9%5.7%24.0%32.0%20.6%2.4%2.2%892.6K-28.9M-41.6K0.1073.35N/AN/A99010212,6624,884
2024-11-08$31.79$26.0022.2%5.6%24.9%29.7%19.0%2.5%2.2%944.3K-27.0M-45.4K1.8461.49N/AN/A33361213,0544,923
2024-11-11$32.39$27.0027.6%5.8%25.6%48.5%21.5%2.5%2.5%910.0K-29.3M-47.9K0.4675.10N/AN/A85939213,0005,546
2024-11-12$32.53$27.0024.1%5.5%25.3%36.4%19.6%2.3%2.6%863.4K-30.8M-53.8K1.1073.33N/AN/A18420213,8895,940
2024-11-13$32.67$27.0019.0%5.4%25.1%18.3%18.7%2.9%2.9%870.4K-31.2M-55.7K0.0676.92N/AN/A1,1657413,9126,113
2024-11-14$32.88$27.0018.9%5.4%24.9%18.2%21.9%2.3%0.3%810.2K-33.2M-57.1K0.0972.30N/AN/A1,79816014,5876,125
2024-11-15$32.64$27.0020.3%5.8%25.2%23.2%22.8%0.7%0.2%622.8K-32.2M-59.0K0.0281.51N/AN/A9381715,2826,225
2024-11-18$32.30$27.0020.3%5.8%24.6%22.9%19.9%2.5%-0.3%710.6K-26.1M-61.5K0.1540.38N/AN/A3845613,0984,010
2024-11-19$32.48$27.0020.6%5.9%24.6%24.0%20.4%2.2%0.7%707.8K-26.7M-62.3K0.0939.30N/AN/A1,77015613,2144,065
2024-11-20$32.14$30.0020.7%5.9%25.1%24.5%20.7%2.8%-0.4%668.8K-15.1M-62.9K0.2131.21N/AN/A5551149,7964,210
2024-11-21$32.69$30.0020.1%5.8%25.5%22.2%20.2%2.6%0.9%714.3K-17.1M-63.4K0.2833.93N/AN/A4641289,8834,229
2024-11-22$32.47$30.0020.0%5.7%25.6%21.8%19.5%2.5%0.5%777.9K-16.5M-63.9K0.0151.32N/AN/A2,5153310,1694,286
2024-11-25$31.99$30.0019.7%5.6%26.3%20.7%20.9%3.7%0.1%932.2K-17.6M-84.6K5.7649.31N/AN/A3821912,6284,306
2024-11-26$31.82$30.0019.4%5.6%26.4%19.8%19.3%3.0%-0.3%929.5K-16.9M-81.6K0.4363.46N/AN/A54923512,6384,186
2024-11-27$31.74$30.0019.3%5.5%26.4%19.6%22.7%2.7%1.0%899.9K-16.5M-80.8K3.0448.17N/AN/A11434712,5724,175
2024-11-29$32.14$30.0020.1%5.8%24.4%22.3%19.9%3.0%-0.2%985.4K-18.2M-81.3K0.5065.95N/AN/A24012012,6654,012