MFC Options History — January 2026

In January 2026, MFC traded between $36.20 and $38.53. ATM implied volatility averaged 19.5%, placing in the 13.8% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 3.5% (HV 20d: 16.0%). Max pain ranged from $34.00 to $42.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.34.

Notable Days

  • 2026-01-06: Highest Volume — 2,548 contracts
  • 2026-01-14: Largest IV spike — 21.4% change
  • 2026-01-30: Highest IV Rank — 22.2%
  • 2026-01-30: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.19$36.20$38.53$36.20$37.97
Max Pain$35.00$34.00$42.00$42.00$35.00
ATM IV19.5%14.6%24.3%15.1%24.3%
Expected Move5.9%4.3%7.0%4.3%7.0%
HV 20d16.0%10.5%20.2%10.5%20.2%
HV 60d15.2%14.1%16.0%14.2%16.0%
IV Rank13.8%5.2%22.2%6.0%22.2%
IV Percentile27.8%2.4%59.9%3.2%59.9%
Term Structure-1.3%-3.7%2.9%2.9%-3.3%
VWIV20.2%12.7%24.5%12.7%20.0%
Skew 25d4.4%2.4%7.9%4.9%6.0%
Skew 10d12.1%5.6%20.4%10.3%20.4%
Call IV 25d18.9%12.6%21.8%12.6%20.9%
Put IV 25d23.3%17.5%27.7%17.5%26.9%
Bid-Ask Spread %68.7459.2479.8376.2566.25
Gamma HHI0.240.150.450.150.45
Net GEX387.1K236.3K621.4K247.3K621.4K
Net DEX-6.7M-9.4M-4.7M-4.7M-9.2M
Net VEX-22.9K-26.1K-17.9K-19.7K-24.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.340.011.220.040.01
Total Volume229.65242,54816184
Total OI6,483.054,4937,2534,5227,233

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$36.20$42.0015.1%4.3%10.5%6.0%12.7%4.9%2.9%247.3K-4.7M-19.7K0.0476.25N/AN/A15562,8491,673
2026-01-05$36.72$35.0014.6%5.3%11.3%5.2%20.2%3.3%-0.6%242.1K-5.3M-18.0K0.4361.36N/AN/A46202,8171,676
2026-01-06$37.38$35.0017.2%5.5%12.6%9.7%21.6%3.4%-0.7%236.3K-5.8M-17.9K1.2268.19N/AN/A1,1491,3992,8401,682
2026-01-07$36.61$35.0015.0%5.4%14.1%5.8%21.9%2.4%-0.8%379.7K-5.6M-25.2K0.0468.00N/AN/A12253,9713,079
2026-01-08$37.05$34.0016.5%5.5%14.2%8.4%18.3%3.2%-1.1%388.4K-6.3M-26.0K0.9367.35N/AN/A42394,0283,080
2026-01-09$37.46$34.0016.7%5.7%14.3%8.8%18.5%3.8%-2.3%455.8K-7.0M-24.6K0.1272.69N/AN/A4154,0553,118
2026-01-12$37.28$34.0017.5%5.5%14.6%10.3%17.2%4.1%-1.1%437.6K-6.7M-24.0K0.0774.98N/AN/A7254,0623,122
2026-01-13$36.80$34.0016.4%5.5%15.4%8.4%18.9%3.8%-1.0%370.7K-5.6M-26.1K0.0569.76N/AN/A4124,0663,123
2026-01-14$37.23$34.0020.0%5.7%15.8%14.5%18.3%4.5%-0.7%420.3K-6.7M-24.7K0.3879.83N/AN/A53204,0823,125
2026-01-15$37.55$34.0019.2%5.5%15.9%13.2%18.3%4.5%-0.5%456.8K-7.2M-23.4K0.0269.71N/AN/A6214,0933,146
2026-01-16$37.34$34.0020.1%5.8%16.0%14.8%20.1%5.2%0.1%431.5K-6.8M-23.4K0.4169.04N/AN/A1774,1123,141
2026-01-20$36.59$35.0022.2%6.4%17.4%18.4%24.5%3.8%-1.9%300.5K-6.1M-24.9K0.5259.24N/AN/A31163,7442,606
2026-01-21$37.09$35.0021.6%6.2%18.0%17.3%20.8%4.6%-1.2%363.2K-7.1M-22.2K0.0568.66N/AN/A5633,7512,607
2026-01-22$36.81$35.0021.2%6.1%18.0%16.7%24.2%5.4%-1.4%332.9K-6.4M-23.1K0.5369.56N/AN/A72383,7532,610
2026-01-23$36.83$35.0021.4%6.1%17.9%17.0%20.4%4.7%-2.1%333.9K-6.2M-23.3K1.1062.73N/AN/A48533,7892,644
2026-01-26$37.05$35.0022.5%6.4%18.0%18.9%20.4%4.8%-2.3%363.9K-6.8M-22.8K0.4262.27N/AN/A31133,7972,669
2026-01-27$37.41$35.0023.1%6.6%18.2%20.0%21.9%3.5%-2.0%412.9K-7.5M-22.4K0.2467.44N/AN/A3483,8102,680
2026-01-28$37.80$35.0022.3%6.4%18.5%18.6%22.0%5.0%-2.5%462.1K-8.0M-21.4K0.1575.09N/AN/A4673,8232,682
2026-01-29$38.53$35.0023.9%6.9%19.4%21.4%23.9%7.9%-3.7%484.1K-9.4M-20.2K0.0466.29N/AN/A716283,8392,684
2026-01-30$37.97$35.0024.3%7.0%20.2%22.2%20.0%6.0%-3.3%621.4K-9.2M-24.2K0.0166.25N/AN/A8314,5242,709