FVAL Options History — April 2023

In April 2023, FVAL traded between $45.22 and $46.55. ATM implied volatility averaged 22.7%, placing in the 21.7% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 8.1% (HV 20d: 14.6%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 2 of 19 days.

Notable Days

  • 2023-04-13: Largest IV spike — 123.2% change
  • 2023-04-13: Highest IV Rank — 62.3%
  • 2023-04-13: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.03$45.22$46.55$46.06$46.47
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV22.7%18.3%41.5%22.9%20.7%
Expected Move6.1%5.1%11.9%6.6%5.9%
HV 20d14.6%10.8%19.9%19.9%13.1%
HV 60d15.9%15.5%16.9%16.9%15.7%
IV Rank21.7%12.3%62.3%23.4%13.6%
IV Percentile23.2%4.4%94.0%22.6%13.5%
Term Structure-3.9%-19.5%2.3%-4.8%-3.2%
Skew 25d2.0%1.0%3.1%2.3%1.3%
Skew 10d9.6%1.5%22.2%2.0%15.2%
Call IV 25d23.9%18.7%50.1%26.1%23.4%
Put IV 25d25.9%21.4%52.4%28.4%24.8%
Bid-Ask Spread %132.21127.00150.79133.28130.52
Gamma HHI0.720.580.780.700.77
Net GEX9955811.2K1.1K1.1K
Net DEX-4.0K-12.3K-1.7K-4.4K-3.2K
Net VEX-20-45-9-26-14
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI99999

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$46.06$0.0022.9%6.6%19.9%23.4%0.0%2.3%-4.8%1.1K-4.4K-260.00133.28N/AN/A0090
2023-04-04$45.55$0.0019.8%5.7%19.5%16.7%0.0%1.7%0.5%889-3.4K-220.00132.15N/AN/A0090
2023-04-05$45.61$0.0024.1%6.9%19.5%25.8%0.0%1.5%-5.6%905-3.4K-210.00133.75N/AN/A0090
2023-04-06$45.75$50.0023.5%5.1%18.2%24.6%0.0%3.1%-0.1%952-3.6K-210.00128.77N/AN/A0090
2023-04-10$45.86$50.0031.8%6.0%16.3%42.0%0.0%2.7%-4.4%1.1K-5.1K-260.00137.54N/AN/A0090
2023-04-11$46.11$50.0027.5%5.3%16.3%32.9%0.0%2.5%-3.3%1.1K-4.1K-230.00129.78N/AN/A0090
2023-04-12$45.91$50.0018.6%5.3%16.5%14.3%0.0%1.2%-4.3%971-3.5K-200.00128.38N/AN/A0090
2023-04-13$46.44$50.0041.5%11.9%16.3%62.3%0.0%2.3%-19.5%1.1K-12.3K-450.00150.79N/AN/A0090
2023-04-14$46.38$50.0018.5%5.3%15.2%14.0%0.0%1.5%-2.8%1.1K-4.0K-210.00127.00N/AN/A0090
2023-04-17$46.47$50.0019.3%5.5%12.9%15.7%0.0%2.3%-4.2%1.2K-4.4K-230.00130.47N/AN/A0090
2023-04-18$46.55$50.0018.3%5.3%12.6%13.7%0.0%2.0%-2.9%1.2K-4.4K-230.00131.75N/AN/A0090
2023-04-19$46.39$50.0019.0%5.4%11.6%15.2%0.0%2.0%-3.6%1.1K-4.0K-190.00131.90N/AN/A0090
2023-04-20$45.98$50.0019.1%5.5%11.5%15.3%0.0%1.7%2.3%924-3.0K-170.00130.70N/AN/A0090
2023-04-21$45.99$50.0019.4%5.6%10.8%16.0%0.0%2.5%-2.9%902-2.9K-160.00131.96N/AN/A0090
2023-04-24$46.14$50.0020.2%5.8%10.8%12.4%0.0%2.3%-2.8%959-3.2K-150.00132.38N/AN/A0090
2023-04-25$45.50$50.0025.5%7.3%12.0%24.2%0.0%1.9%-4.8%820-3.1K-150.00134.53N/AN/A0090
2023-04-26$45.22$50.0022.3%6.4%12.1%17.1%0.0%1.0%-4.1%581-1.7K-90.00128.87N/AN/A0090
2023-04-27$46.16$50.0020.2%5.8%13.0%12.3%0.0%2.5%-2.7%895-2.6K-120.00127.44N/AN/A0090
2023-04-28$46.47$50.0020.7%5.9%13.1%13.6%0.0%1.3%-3.2%1.1K-3.2K-140.00130.52N/AN/A0090