FVAL Options History — February 2022

In February 2022, FVAL traded between $48.27 and $51.99. ATM implied volatility averaged 23.5%, placing in the 34.5% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 5.3% (HV 20d: 18.2%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.80.

Notable Days

  • 2022-02-16: Highest Volume — 20 contracts
  • 2022-02-11: Largest IV spike — 81.4% change
  • 2022-02-11: Highest IV Rank — 62.9%
  • 2022-02-11: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.42$48.27$51.99$51.40$49.39
Max Pain$45.95$45.00$50.00$50.00$49.00
ATM IV23.5%17.6%33.8%25.7%25.2%
Expected Move6.3%5.1%9.7%7.4%7.2%
HV 20d18.2%15.9%21.7%15.9%21.5%
HV 60d16.0%14.6%17.5%14.6%17.5%
IV Rank34.5%18.5%62.9%40.8%39.3%
IV Percentile62.5%18.6%91.4%76.1%74.6%
Term Structure-3.1%-13.1%0.7%-5.2%-2.6%
VWIV29.4%22.6%44.2%29.4%26.6%
Skew 25d2.6%-6.7%16.0%2.5%3.1%
Skew 10d2.6%-6.5%16.7%2.9%3.4%
Call IV 25d22.4%16.1%29.7%29.7%26.7%
Put IV 25d25.0%19.6%32.6%32.2%29.9%
Bid-Ask Spread %127.64121.12135.66132.16125.45
Gamma HHI0.350.270.510.440.27
Net GEX1.5K6092.1K914609
Net DEX-21.7K-36.7K-10.8K-19.6K-10.8K
Net VEX-249-284-200-207-262
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.541.400.881.00
Total Volume1611201514
Total OI23.89519281928

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-02-01$51.40$50.0025.7%7.4%15.9%40.8%29.4%2.5%-5.2%914-19.6K-2070.88132.16N/AN/A87127
2022-02-02$51.99$50.0022.2%6.4%16.0%31.0%26.9%3.1%0.7%1.4K-22.1K-2031.40131.99N/AN/A57127
2022-02-03$50.98$45.0023.9%5.3%16.9%35.9%29.7%2.5%-0.7%942-17.5K-2041.40129.78N/AN/A57127
2022-02-04$51.18$45.0023.8%5.2%16.9%35.4%27.4%1.8%0.1%849-18.5K-2000.64125.25N/AN/A117127
2022-02-07$50.89$45.0026.2%5.4%17.0%42.0%26.9%2.7%-0.3%1.8K-27.4K-2770.64126.61N/AN/A117187
2022-02-08$51.24$45.0025.9%5.1%17.1%41.1%26.4%2.8%-0.1%1.9K-29.7K-2770.64127.91N/AN/A117187
2022-02-09$51.88$45.0017.6%5.1%17.2%18.5%32.1%2.6%-1.0%2.0K-36.7K-2840.64131.54N/AN/A117187
2022-02-10$50.98$45.0018.6%5.3%18.2%21.2%32.5%0.9%-3.5%1.9K-29.6K-2770.64123.90N/AN/A117187
2022-02-11$50.36$45.0033.8%9.7%18.6%62.9%39.2%-3.0%-13.1%1.8K-23.9K-2650.64135.66N/AN/A117187
2022-02-14$50.20$45.0025.3%7.3%18.6%39.7%44.2%16.0%-3.0%1.1K-22.8K-2610.64131.82N/AN/A117187
2022-02-15$50.73$45.0020.1%5.8%18.3%25.2%32.7%3.7%-3.3%1.7K-25.8K-2630.64130.85N/AN/A117187
2022-02-16$51.01$45.0019.5%5.6%18.3%23.7%28.9%3.1%-2.0%1.9K-27.1K-2670.54125.92N/AN/A137187
2022-02-17$50.09$45.0020.4%5.9%19.0%26.3%22.6%2.2%-2.3%1.8K-21.9K-2550.54127.07N/AN/A137197
2022-02-18$49.77$45.0021.1%6.0%17.8%28.0%23.5%3.0%-1.8%1.6K-19.7K-2610.88125.46N/AN/A87207
2022-02-22$49.22$45.0026.0%7.5%18.2%41.5%26.9%0.8%-4.8%2.1K-18.5K-2420.57121.12N/AN/A74194
2022-02-23$48.27$45.0022.8%6.5%19.3%32.7%29.9%-6.7%-12.8%1.7K-13.3K-2210.57122.95N/AN/A74194
2022-02-24$48.50$45.0024.7%7.1%19.2%38.1%27.3%4.3%-2.8%1.8K-13.0K-2201.29126.05N/AN/A79194
2022-02-25$49.87$49.0022.9%6.6%21.7%33.1%24.9%3.6%-0.7%672-15.2K-2761.00123.62N/AN/A77199
2022-02-28$49.39$49.0025.2%7.2%21.5%39.3%26.6%3.1%-2.6%609-10.8K-2621.00125.45N/AN/A77199