FFA First Trust Enhanced Equity Income Fund.

XNYS
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Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

FFA — —
Key stats
About
Exchange
XNYS
Market Cap
$0.4B
List Date
2004-08-27
CIK
0001291334
Homepage
https://www.ftportfolios.com

First Trust Enhanced Equity Income Fund is a diversified, closed-end management investment company. Its investment objective is to provide high level of current income and gains and, to a lesser extent, capital appreciation. The Fund pursues its investment objective by investing in a diversified portfolio of equity securities.

Fund profile
Factor & Dividend High Dividend First Trust
Expense ratio
—
Assets
$433M
shares × price, Nov 6, 2026
Trailing yield
—
Average daily volume
$552K
30 sessions
Holdings
—
Listed
Aug 27, 2004
NYSE
FrenzyCap ETF score
41
how it is built
Costn/a
Liquidity25
Scale61
Diversificationn/a

Moves with. US large-cap stocks (67% of its variance, beta 0.82); Value over growth (7% of its variance, beta -0.10). These factors explain 71% of its daily moves over the last year.

Overlap toolAll High Dividend ETFs

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The largest other funds in the High Dividend category.

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan0.24%-6.64%7.25%-0.33%0.88%0.16%0.26%
Feb4.09%-2.60%-2.52%1.74%-0.19%-1.08%-0.09%
Mar3.20%2.58%-0.36%0.64%-4.55%-6.93%-0.90%
Apr4.01%-9.42%1.08%-4.02%-3.61%7.70%-0.71%
May2.00%0.44%-1.12%4.40%3.79%3.49%2.17%
Jun2.32%-9.77%3.67%4.84%3.75%-3.25%0.26%
Jul0.44%8.21%3.21%0.85%1.66%0.76%2.52%
Aug4.10%-3.14%-1.42%3.61%3.31%1.97%1.41%
Sep-7.38%-12.61%-4.32%1.95%2.14%-3.68%-3.98%
Oct5.26%3.98%-5.40%-0.30%1.01%-0.86%0.61%
Nov-2.08%6.25%6.37%4.41%-0.09%0.55%*2.57%
Dec3.35%-5.74%3.51%-1.57%1.15%--0.14%
Total20.58%-26.96%9.45%17.02%9.23%-1.90%4.57%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $22.17
SMA 50: $22.48
SMA 200: $22.24
Current: $22.08
EMA 12: $22.04
EMA 26: $22.20
MACD: -0.1542 | Signal: -0.0143
BEARISH
ADX (14): 24.75
WEAK TREND
+DI: 17.84
−DI: 24.47

Momentum Oscillators

RSI (14): 47.22
NEUTRAL
Stoch %K: 22.64
Stoch %D: 25.32
Williams %R: -48.91

Volume & Volatility

BB Upper: $22.62
BB Lower: $21.71
NEUTRAL
OBV: 1,420,790
Vol SMA 20: 17,387
Vol ROC: 35.48%
ATR: $0.32
True Range: $0.46
HV 20: 16.2%
HV 30: 14.1%
HV 60: 12.6%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-11-11T00:00:00 – 2026-11-09T00:00:00
AI Analysis

Here is the comprehensive stock analysis report for FFA:

Executive Summary

Overall Assessment: NEUTRAL (confidence level 6/10)

Key Drivers:

  • Technical indicators suggest a range-bound market with no clear trend.
  • News sentiment is neutral, with no recent news headlines having a significant impact on the stock price.

Primary Risks:

  • Volatility risk due to moderate volatility levels.
  • Risk of missing potential upside if the stock breaks out above its upper Bollinger band.

Recent News Sentiment Impact: NEUTRAL

Technical Analysis

Trend Direction: Short-term (1-4 weeks): NEUTRAL Medium-term (1-3 months): RANGE-BOUND Long-term (3-12 months): NEUTRAL

Support/Resistance Levels:

  • Lower Bollinger band ($21.70) provides potential support.
  • Upper Bollinger band ($22.92) offers resistance.

Momentum Signals:

  • RSI (14) is neutral at 54.37, indicating no strong buying or selling pressure.
  • MACD signals a bearish momentum with a histogram of -0.02, suggesting further price consolidation.
  • Bollinger Bands are neutral, indicating no clear trend.

Volume Analysis: Volume trends and institutional interest signals:

  • Volume SMA 20 is increasing, indicating growing interest from investors.
  • OBV (On-Balance Volume) is above its moving average, suggesting accumulation.

News & Sentiment Analysis

Recent Headlines Summary: NEUTRAL

Sentiment Assessment: NEUTRAL

Catalyst Identification: None significant in the recent news headlines.

Market Narrative: The stock has been range-bound with no clear trend or catalysts driving the price action.

Risk & Volatility Assessment

Risk Metrics:

  • Beta is 0.87, indicating moderate volatility relative to the market.
  • Stock volatility is 0.13, suggesting a stable market environment.

Options Market Signals: No options data available.

Downside Protection: The lower Bollinger band ($21.70) provides potential support for downside risk management.

Market Context & Positioning

Sector Performance: NEUTRAL

Institutional Activity: INCREASING

Correlation Analysis:

  • R-squared is 0.84, indicating a strong positive correlation with the market.
  • Beta is 0.87, suggesting moderate volatility relative to the market.

Relative Valuation: The stock is trading within its historical range, with no clear value or growth expectations.

Key Levels & Action Items

Critical Price Levels:

  • Lower Bollinger band ($21.70) provides potential support for downside risk management.
  • Upper Bollinger band ($22.92) offers resistance to upside momentum.

Breakout/Breakdown Levels: None significant in the recent price action.

Time-Sensitive Catalysts: None immediate, near-term, or medium-term catalysts are identified.

Risk Management:

  • Stop-loss levels should be set around $21.70 (lower Bollinger band).
  • Position sizing considerations suggest maintaining a moderate exposure to minimize potential losses.

Please let me know if you need any further assistance!

Generated
News
All FFA news →

FFA Options Activity & IV Rank

Loading options activity...
Spread Scanner
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Scanning bull put, bear call, iron condor and calendar spreads…

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Loading the implied volatility surface…

Volatility Smile

Loading the implied volatility smile…

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 0.8286
Alpha: -6.36%
Correlation: 0.8305
R-Squared: 69.0%
Stock Volatility: 13.7%
Market Volatility: 13.8%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Beta & Alpha Over Time
Notable investors who own FFA
1 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Rockefeller Capital Management Family office
Rockefeller family
$199K
0.00%
#2602 of 4729+0.2%13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

FFA Institutional Ownership (13F)

Filings for 2026-06-30 · 32 already for 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

71 filers6,380,527 shares$142.43M value
# Filer Shares Value % of Total % of Float Period
1 Morgan Stanley Custodian 1,809,892 $40.47M 28.41% — 2026-06-30
2 ALKEME WEALTH, LLC 585,966 $13.03M 9.15% — 2026-09-30
3 Wells Fargo & Company Custodian 457,317 $10.23M 7.18% — 2026-06-30
4 Invesco Ltd. Custodian 439,588 $9.83M 6.90% — 2026-06-30
5 Raymond James Financial, Inc. Custodian 291,345 $6.51M 4.57% — 2026-06-30
6 Shaker Financial Services, LLC 279,892 $6.22M 4.37% — 2026-09-30
7 UBS Group AG Custodian 263,111 $5.88M 4.13% — 2026-06-30
8 Royal Bank of Canada Custodian 243,576 $5.45M 3.82% — 2026-06-30
9 North Star Investment Management Corp. 167,433 $3.72M 2.61% — 2026-09-30
10 LPL Financial LLC Custodian 165,723 $3.69M 2.59% — 2026-09-30
11 Smith Asset Management Co., LLC 146,891 $3.27M 2.29% — 2026-09-30
12 Karpus Management, Inc. 134,313 $3.00M 2.11% — 2026-06-30
13 Envestnet Asset Management, Inc. 117,567 $2.63M 1.85% — 2026-06-30
14 TRUIST FINANCIAL CORP Custodian 98,468 $2.19M 1.54% — 2026-09-30
15 GUGGENHEIM CAPITAL LLC 90,264 $2.02M 1.42% — 2026-06-30
16 Creative Planning Custodian 71,126 $1.58M 1.11% — 2026-09-30
17 Integrated Wealth Concepts LLC 70,723 $1.58M 1.11% — 2026-06-30
18 Advisors Asset Management, Inc. 69,490 $1.55M 1.09% — 2026-06-30
19 PMG Family Office LLC 58,846 $1.31M 0.92% — 2026-09-30
20 Ameriprise Financial, Inc. Custodian 54,896 $1.23M 0.86% — 2026-06-30
21 OSAIC HOLDINGS, INC. Custodian 48,855 $1.09M 0.77% — 2026-06-30
22 Heritage Wealth Management, Inc. 48,306 $1.07M 0.75% — 2026-09-30
23 Waverly Advisors, LLC 47,089 $1.05M 0.74% — 2026-06-30
24 D.A. DAVIDSON & CO. 42,395 $942.88K 0.66% — 2026-09-30
25 &PARTNERS 35,041 $783.52K 0.55% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period

FFA Insider Trading (Form 4)

Latest: 2024-12-17
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2024-12-17 James A Bowen Director Sell (S) −4,003 $21.01 -$84.1K EDGAR
2022-03-08 M Keefe Denise Director Buy (P) +250 $19.50 $4.9K EDGAR
2022-03-07 M Keefe Denise Director Buy (P) +500 $19.88 $9.9K EDGAR
2020-03-03 Douglas W Kugler Buy (P) +5,000 $13.07 $65.3K EDGAR
2020-03-03 Douglas W Kugler Buy (P) +1,350 $14.66 $19.8K EDGAR
2015-08-25 James A Bowen Director Buy (P) +4,003 $12.94 $51.8K EDGAR
2007-09-17 Kevin Timothy Swanson — — — EDGAR
2007-09-17 FIDUCIARY ASSET MANAGEMENT CO /MO — — — EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
ETF Holders
1 ETF hold FFA
1 shown · $5.44M total exposure
# ETF Provider Weight $ Exposure ETF AUM As Of
1 PCEF Invesco CEF Income Composite ETF Invesco 0.75% $5.4M — 2026-11-05
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.