MFC Options History — February 2025

In February 2025, MFC traded between $29.36 and $31.88. ATM implied volatility averaged 26.1%, placing in the 42.7% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 3.5% (HV 20d: 22.6%). Max pain ranged from $28.00 to $30.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 0.69.

Notable Days

  • 2025-02-20: Highest Volume — 3,854 contracts
  • 2025-02-12: Largest IV drop — 23.3% change
  • 2025-02-11: Highest IV Rank — 66.6%
  • 2025-02-03: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.14$29.36$31.88$29.36$31.09
Max Pain$28.63$28.00$30.00$30.00$29.00
ATM IV26.1%21.4%32.9%29.6%23.4%
Expected Move7.1%6.1%8.5%8.5%6.7%
HV 20d22.6%12.7%34.1%18.7%34.1%
HV 60d20.7%17.6%24.6%21.5%24.6%
IV Rank42.7%26.1%66.6%54.9%32.9%
IV Percentile79.5%56.3%96.8%94.8%66.3%
Term Structure-1.4%-4.4%1.1%-4.4%-0.8%
VWIV24.8%19.3%29.9%29.9%21.8%
Skew 25d2.1%0.1%3.4%1.6%2.8%
Skew 10d4.6%-0.3%14.8%-0.3%6.0%
Call IV 25d24.4%21.7%29.6%29.5%21.7%
Put IV 25d26.5%22.8%31.0%31.0%24.6%
Bid-Ask Spread %70.6261.8178.8878.4378.81
Gamma HHI0.190.170.200.200.17
Net GEX654.8K521.1K1.2M521.1K709.9K
Net DEX-8.7M-19.8M-5.7M-5.7M-11.7M
Net VEX-43.4K-47.4K-38.1K-41.7K-45.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.042.400.350.05
Total Volume650.947363,854334772
Total OI15,353.63213,92418,16413,92415,989

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$29.36$30.0029.6%8.5%18.7%54.9%29.9%1.6%-4.4%521.1K-5.7M-41.7K0.3578.43N/AN/A2488611,0252,899
2025-02-04$29.71$30.0027.9%8.0%19.3%48.9%28.7%1.8%-3.0%567.0K-7.1M-44.1K0.2363.08N/AN/A481111,1352,941
2025-02-05$29.79$30.0027.3%7.8%19.2%47.0%29.6%0.1%-2.5%596.4K-7.6M-46.0K0.0469.33N/AN/A162711,1482,945
2025-02-06$29.94$28.0027.8%7.0%19.3%48.6%25.4%2.7%-0.3%614.9K-7.9M-45.2K0.7962.81N/AN/A36828911,2952,948
2025-02-07$30.12$28.0030.2%7.2%19.4%57.1%19.3%3.4%-1.6%673.5K-9.1M-45.7K0.2966.45N/AN/A28811,5443,156
2025-02-10$29.88$28.0032.4%7.2%16.4%64.9%25.6%2.4%-1.5%645.7K-8.1M-43.1K1.8261.81N/AN/A16329611,5383,164
2025-02-11$29.64$28.0032.9%7.1%16.6%66.6%26.8%3.3%-1.3%607.5K-6.7M-42.6K2.4072.99N/AN/A7317511,5953,431
2025-02-12$29.59$28.0025.2%7.2%16.4%39.5%25.4%2.7%-1.5%601.2K-6.6M-41.8K0.6872.81N/AN/A15410411,6043,442
2025-02-13$29.49$28.0026.3%7.5%12.7%43.4%24.7%2.7%-1.6%609.5K-6.4M-41.7K0.3972.51N/AN/A1174611,6853,480
2025-02-14$29.63$28.0025.3%7.3%12.7%39.8%25.5%2.4%-1.7%602.1K-6.7M-39.5K0.9174.02N/AN/A343111,7193,504
2025-02-18$30.04$28.0025.7%7.4%13.7%41.3%25.9%2.4%-2.1%671.9K-8.3M-39.3K1.0564.60N/AN/A40442311,7233,504
2025-02-19$29.73$28.0026.6%7.6%13.8%44.4%26.4%2.3%-2.3%644.2K-7.2M-38.1K0.9473.83N/AN/A89483811,9253,639
2025-02-20$31.88$28.0021.4%6.1%28.5%26.1%22.8%0.7%1.1%1.2M-19.8M-47.4K0.5970.88N/AN/A2,4261,42812,5625,471
2025-02-21$30.43$29.0022.8%6.5%33.4%31.1%22.5%0.9%-0.9%634.4K-9.8M-43.2K0.2068.30N/AN/A74215212,5845,580
2025-02-24$30.21$29.0022.6%6.5%33.5%30.2%22.8%1.5%-0.9%611.8K-7.9M-42.4K0.9278.82N/AN/A34131210,7784,530
2025-02-25$30.64$29.0022.4%6.4%33.8%29.8%22.3%2.5%-0.1%629.8K-9.4M-45.1K0.3069.97N/AN/A49714910,9314,676
2025-02-26$30.79$29.0023.4%6.7%33.8%33.0%23.5%1.4%-1.7%679.7K-10.2M-45.2K1.0963.38N/AN/A21523411,0954,593
2025-02-27$30.70$29.0023.1%6.6%33.8%32.0%23.1%2.3%-0.2%660.6K-9.8M-45.6K0.1578.88N/AN/A811211,2454,696
2025-02-28$31.09$29.0023.4%6.7%34.1%32.9%21.8%2.8%-0.8%709.9K-11.7M-45.9K0.0578.81N/AN/A7324011,2894,700