FVAL Options History — December 2021

In December 2021, FVAL traded between $49.38 and $52.41. ATM implied volatility averaged 23.6%, placing in the 19.6% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 7.9% (HV 20d: 15.7%). Net GEX was positive for 2 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.97.

Notable Days

  • 2021-12-29: Highest Volume — 11 contracts
  • 2021-12-27: Largest IV spike — 86.7% change
  • 2021-12-27: Highest IV Rank — 28.2%
  • 2021-12-03: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.22$49.38$52.41$49.51$52.31
ATM IV23.6%11.3%43.1%22.9%16.4%
Expected Move5.4%3.2%8.4%6.6%4.7%
HV 20d15.7%11.6%19.1%11.6%16.0%
HV 60d12.9%12.2%13.5%12.3%12.7%
IV Rank19.6%1.2%28.2%27.6%15.0%
IV Percentile31.1%0.8%54.6%52.4%9.0%
Term Structure-1.7%-8.4%4.7%-8.4%-1.1%
Skew 25d2.1%-0.4%4.6%-0.4%0.1%
Skew 10d2.2%0.3%4.3%0.8%0.3%
Call IV 25d20.3%12.4%31.4%28.9%15.6%
Put IV 25d22.4%15.5%32.8%28.6%15.8%
Bid-Ask Spread %130.14123.70137.59129.93132.09
Gamma HHI0.290.260.510.260.51
Net GEX-579-822912-655912
Net DEX3.9K-24.1K8.5K8.0K-24.1K
Net VEX-48-188-27-43-188
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.970.831.250.830.83
Total Volume5.727511511
Total OI5.727515515

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$49.51$0.0022.9%6.6%11.6%0.0%0.0%-0.4%-8.4%-6558.0K-430.00129.93N/AN/A0505
2021-12-02$49.95$0.0027.5%7.9%11.6%0.0%0.0%4.3%-6.7%-6868.3K-430.00128.96N/AN/A0505
2021-12-03$49.38$0.0029.2%8.4%12.2%0.0%0.0%0.8%-8.1%-6108.5K-430.00128.57N/AN/A0505
2021-12-06$50.36$0.0029.4%6.0%13.9%0.0%0.0%3.3%2.1%-6297.7K-420.00123.70N/AN/A0505
2021-12-07$51.09$0.0027.7%5.2%14.9%0.0%0.0%3.1%1.8%-6516.5K-400.00128.66N/AN/A0505
2021-12-08$51.28$0.0028.0%4.4%15.0%0.0%0.0%4.6%4.7%-7036.2K-390.00130.39N/AN/A0505
2021-12-09$51.23$0.0028.9%5.0%14.8%0.0%0.0%1.8%0.2%-7056.1K-380.00130.56N/AN/A0505
2021-12-10$51.61$0.0030.2%4.7%15.0%0.0%0.0%2.8%-0.7%-7505.6K-360.00129.96N/AN/A0505
2021-12-13$51.40$0.0039.0%5.1%14.9%0.0%0.0%1.8%-1.9%-7105.8K-370.00130.13N/AN/A0505
2021-12-14$51.00$0.0043.1%5.1%15.2%0.0%0.0%2.2%-0.7%-7246.4K-380.00128.70N/AN/A0505
2021-12-15$51.63$0.0016.4%4.7%15.8%0.0%0.0%3.0%-0.4%-8225.4K-340.00126.28N/AN/A0505
2021-12-16$51.72$0.0016.6%4.8%15.7%0.0%0.0%1.3%-1.8%-7195.2K-350.00127.69N/AN/A0505
2021-12-17$50.96$0.0018.4%5.3%16.6%0.0%0.0%1.7%-1.3%-7156.2K-370.00129.43N/AN/A0505
2021-12-20$50.09$0.0020.9%6.0%17.6%27.6%0.0%2.7%-0.6%-7207.6K-390.00129.52N/AN/A0505
2021-12-21$50.96$0.0018.6%5.3%18.6%21.1%0.0%2.1%-0.9%-7686.3K-360.00128.41N/AN/A0505
2021-12-22$51.36$0.0018.3%5.2%18.9%20.4%0.0%2.2%-1.6%-7225.5K-350.00130.66N/AN/A0505
2021-12-23$51.78$0.0011.3%3.2%19.1%1.2%0.0%3.1%0.2%-7334.4K-300.00133.84N/AN/A0505
2021-12-27$52.13$0.0021.1%6.1%17.8%28.2%0.0%1.7%-2.9%-6414.7K-320.00137.59N/AN/A0505
2021-12-28$52.36$0.0018.7%5.4%17.8%21.4%0.0%1.5%-2.7%-6394.1K-290.00132.31N/AN/A0505
2021-12-29$52.41$0.0018.3%5.3%16.2%20.5%0.0%1.6%-2.7%-6383.9K-270.83133.06N/AN/A6505
2021-12-30$52.35$0.0018.5%5.3%16.1%21.0%0.0%0.8%-3.1%295-13.1K-1241.25132.59N/AN/A4565
2021-12-31$52.31$0.0016.4%4.7%16.0%15.0%0.0%0.1%-1.1%912-24.1K-1880.83132.09N/AN/A65105