FVAL Options History — September 2023

In September 2023, FVAL traded between $47.63 and $50.16. ATM implied volatility averaged 22.4%, placing in the 25.0% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 11.2% (HV 20d: 11.3%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 0 of 20 days.

Notable Days

  • 2023-09-07: Largest IV spike — 74.7% change
  • 2023-09-12: Highest IV Rank — 69.5%
  • 2023-09-01: Largest Expected Move — 6.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.04$47.63$50.16$50.02$47.82
ATM IV22.4%15.6%44.5%21.8%19.9%
Expected Move5.0%3.8%6.2%6.2%5.7%
HV 20d11.3%10.1%12.1%11.2%11.2%
HV 60d10.4%9.8%10.8%10.3%10.6%
IV Rank25.0%10.9%69.5%23.5%20.1%
IV Percentile38.3%4.8%97.6%41.3%35.7%
Term Structure-3.2%-8.0%-0.7%-8.0%-5.1%
Skew 25d1.3%-0.7%4.9%-0.7%0.7%
Skew 10d1.4%-0.4%2.2%-0.4%1.3%
Call IV 25d19.0%12.1%23.5%18.9%23.5%
Put IV 25d20.3%12.0%25.0%18.2%24.1%
Bid-Ask Spread %139.94136.13142.84136.13137.36
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$50.02$0.0021.8%6.2%11.2%23.5%0.0%-0.7%-8.0%0000.00136.13N/AN/A0000
2023-09-05$49.91$0.0025.7%4.4%10.8%31.5%0.0%-0.1%-1.7%0000.00142.08N/AN/A0000
2023-09-06$49.47$0.0017.2%3.8%11.2%14.2%0.0%0.4%-5.8%0000.00139.06N/AN/A0000
2023-09-07$49.29$0.0030.1%4.6%11.1%40.3%0.0%2.2%-1.5%0000.00142.84N/AN/A0000
2023-09-08$49.39$0.0032.1%4.7%11.0%44.4%0.0%1.8%-0.7%0000.00141.97N/AN/A0000
2023-09-11$49.77$0.0039.3%4.5%11.3%59.0%0.0%1.6%-1.5%0000.00141.89N/AN/A0000
2023-09-12$49.56$0.0044.5%4.4%11.3%69.5%0.0%1.3%-2.0%0000.00140.92N/AN/A0000
2023-09-13$49.55$0.0016.0%4.6%10.1%11.8%0.0%1.7%-2.8%0000.00141.84N/AN/A0000
2023-09-14$50.16$0.0015.6%4.5%10.8%10.9%0.0%1.6%-2.3%0000.00141.81N/AN/A0000
2023-09-15$49.44$0.0017.1%4.9%11.7%14.3%0.0%0.9%-2.3%0000.00142.63N/AN/A0000
2023-09-18$49.41$0.0018.1%5.2%11.7%16.4%0.0%1.0%-2.9%0000.00141.31N/AN/A0000
2023-09-19$49.44$0.0017.1%4.9%11.6%14.3%0.0%1.0%-2.3%0000.00140.19N/AN/A0000
2023-09-20$49.06$0.0016.9%4.8%11.7%13.9%0.0%4.9%-2.4%0000.00137.93N/AN/A0000
2023-09-21$48.48$0.0019.6%5.6%11.9%19.6%0.0%1.4%-4.0%0000.00139.77N/AN/A0000
2023-09-22$48.30$0.0019.4%5.6%11.4%19.1%0.0%1.1%-3.6%0000.00139.54N/AN/A0000
2023-09-25$48.40$0.0019.2%5.5%11.3%18.7%0.0%1.7%-3.4%0000.00138.43N/AN/A0000
2023-09-26$47.72$0.0019.6%5.6%12.1%19.5%0.0%0.5%-4.5%0000.00137.63N/AN/A0000
2023-09-27$47.63$0.0019.8%5.7%10.7%19.9%0.0%1.4%-4.0%0000.00137.53N/AN/A0000
2023-09-28$48.02$0.0019.6%5.6%11.2%19.6%0.0%2.2%-3.9%0000.00137.97N/AN/A0000
2023-09-29$47.82$0.0019.9%5.7%11.2%20.1%0.0%0.7%-5.1%0000.00137.36N/AN/A0000