FVAL Options History — November 2022

In November 2022, FVAL traded between $42.55 and $46.60. ATM implied volatility averaged 28.3%, placing in the 35.4% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 2.9% (HV 20d: 25.4%). Max pain ranged from $49.00 to $49.00. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.27.

Notable Days

  • 2022-11-01: Highest Volume — 15 contracts
  • 2022-11-02: Largest IV spike — 46.3% change
  • 2022-11-04: Highest IV Rank — 61.8%
  • 2022-11-02: Largest Expected Move — 9.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.91$42.55$46.60$44.17$46.60
Max Pain$49.00$49.00$49.00$49.00$49.00
ATM IV28.3%19.5%41.1%23.3%30.9%
Expected Move7.5%5.6%9.8%6.7%8.9%
HV 20d25.4%22.0%28.2%22.6%26.8%
HV 60d26.4%25.5%27.6%25.5%26.8%
IV Rank35.4%16.9%61.8%24.9%40.7%
IV Percentile55.5%9.5%94.4%29.4%74.6%
Term Structure-4.5%-20.5%3.0%-3.2%-20.5%
VWIV27.0%23.6%30.5%23.6%30.5%
Skew 25d1.1%-10.8%10.8%-10.8%5.1%
Skew 10d2.8%-0.1%12.5%0.2%0.5%
Call IV 25d27.9%17.6%48.2%33.7%19.8%
Put IV 25d29.0%18.6%39.7%22.9%24.9%
Bid-Ask Spread %130.82117.71137.44125.81126.00
Gamma HHI0.350.180.640.200.64
Net GEX-622-1.7K304-1.7K304
Net DEX5.6K-6.1K28.2K21.7K-5.4K
Net VEX-56-83-43-83-45
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.270.201.501.500.20
Total Volume10.857015150
Total OI11.238617176

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-11-01$44.17$49.0023.3%6.7%22.6%24.9%23.6%-10.8%-3.2%-1.7K21.7K-831.50125.81N/AN/A69611
2022-11-02$43.23$49.0034.1%9.8%24.0%47.3%30.5%-8.4%-6.5%-1.2K24.8K-721.50124.47N/AN/A69611
2022-11-03$42.55$0.0035.3%7.5%24.3%49.7%0.0%1.8%-0.4%-98028.2K-661.50132.39N/AN/A69611
2022-11-04$42.97$0.0041.1%8.4%22.0%61.8%0.0%1.1%0.3%-46411.2K-661.50117.71N/AN/A6967
2022-11-07$43.61$0.0038.2%7.5%22.4%55.9%0.0%2.4%-1.2%-66911.7K-601.50132.17N/AN/A6967
2022-11-08$43.96$0.0037.9%7.2%22.1%55.1%0.0%2.0%0.2%-76510.2K-621.50129.98N/AN/A6967
2022-11-09$42.97$0.0021.0%6.0%24.0%20.2%0.0%-2.9%-2.2%-70615.8K-441.50129.33N/AN/A6967
2022-11-10$45.09$0.0024.9%7.1%28.2%28.2%0.0%4.2%-0.4%-8626.8K-641.50130.25N/AN/A6967
2022-11-11$45.88$0.0023.3%6.7%27.5%24.9%0.0%2.7%3.0%-1.2K2.7K-651.50124.04N/AN/A6967
2022-11-14$45.72$0.0025.9%7.4%27.2%30.3%0.0%1.3%-3.9%-1.0K3.7K-601.50133.56N/AN/A6967
2022-11-15$45.67$0.0019.6%5.6%27.1%17.2%0.0%0.2%-1.3%-1.3K3.4K-601.50129.00N/AN/A6967
2022-11-16$45.29$0.0027.2%7.8%27.0%32.9%0.0%10.8%-5.1%-1.4K5.4K-521.50134.59N/AN/A6967
2022-11-17$45.10$0.0026.5%7.6%27.0%31.5%0.0%2.3%-3.8%-1.1K6.5K-511.50131.97N/AN/A6967
2022-11-18$45.57$0.0019.5%5.6%26.3%16.9%0.0%0.1%-2.5%-1.6K1.8K-491.50133.13N/AN/A6967
2022-11-21$45.33$0.0027.6%7.9%26.0%33.8%0.0%1.0%-6.0%274-4.9K-490.20135.27N/AN/A5151
2022-11-22$46.01$0.0021.6%6.2%26.1%21.3%0.0%2.9%-9.8%265-4.5K-430.20135.87N/AN/A5151
2022-11-23$46.21$0.0027.1%7.8%26.0%32.8%0.0%2.1%-6.0%292-5.8K-490.20136.06N/AN/A5151
2022-11-25$46.26$0.0028.3%8.1%25.8%35.2%0.0%1.8%-6.6%264-6.1K-510.00137.44N/AN/A0051
2022-11-28$45.49$0.0031.2%8.9%25.8%41.2%0.0%1.1%-9.1%272-5.0K-470.00133.32N/AN/A0051
2022-11-29$45.52$0.0031.0%8.9%25.7%40.8%0.0%2.1%-9.4%256-5.4K-460.00134.79N/AN/A0051
2022-11-30$46.60$0.0030.9%8.9%26.8%40.7%0.0%5.1%-20.5%304-5.4K-450.00126.00N/AN/A0051