FVAL Options History — December 2023

In December 2023, FVAL traded between $50.61 and $53.24. ATM implied volatility averaged 15.9%, placing in the 17.8% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded above realized volatility by 5.9% (HV 20d: 10.0%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 1 of 20 days.

Notable Days

  • 2023-12-12: Largest IV spike — 285.0% change
  • 2023-12-12: Highest IV Rank — 74.8%
  • 2023-12-29: Largest Expected Move — 5.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.11$50.61$53.24$50.95$53.02
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV15.9%8.8%45.5%8.8%17.9%
Expected Move4.4%2.5%5.1%2.5%5.1%
HV 20d10.0%7.9%12.3%12.3%9.7%
HV 60d13.2%12.6%13.6%13.6%12.6%
IV Rank17.8%3.2%74.8%3.2%22.5%
IV Percentile21.2%2.0%98.4%2.0%34.9%
Term Structure-1.9%-3.4%2.7%2.7%-3.3%
Skew 25d0.4%-10.5%2.0%-10.5%0.7%
Skew 10d1.7%0.5%8.5%8.5%1.2%
Call IV 25d18.2%16.5%21.3%18.0%21.3%
Put IV 25d18.6%7.5%22.1%7.5%22.1%
Bid-Ask Spread %139.20128.80141.63128.80141.31
Gamma HHI0.450.360.520.470.46
Net GEX13.6K-28138.0K31.5K339
Net DEX-62.7K-160.3K-7.3K-101.7K-10.5K
Net VEX-140-271-68-267-72
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI60.8535858535

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$50.95$45.008.8%2.5%12.3%3.2%0.0%-10.5%2.7%31.5K-101.7K-2670.00128.80N/AN/A003748
2023-12-04$50.77$0.009.8%4.2%12.1%5.1%0.0%1.5%-1.4%34.6K-88.2K-2510.00141.63N/AN/A003748
2023-12-05$50.78$0.0010.7%4.3%11.9%7.0%0.0%1.5%-1.5%32.1K-86.9K-2710.00141.30N/AN/A003748
2023-12-06$50.61$0.0017.6%4.2%12.1%20.5%0.0%1.0%-1.6%21.3K-77.0K-2510.00139.70N/AN/A003748
2023-12-07$50.98$0.0010.3%4.3%12.1%6.1%0.0%1.4%-1.3%38.0K-106.3K-2370.00141.50N/AN/A003748
2023-12-08$51.34$0.009.5%4.2%11.2%4.6%0.0%1.6%-1.2%27.9K-124.9K-1880.00139.65N/AN/A003748
2023-12-11$51.41$0.0011.8%4.4%10.4%9.1%0.0%1.4%-1.6%29.6K-132.4K-1660.00141.26N/AN/A003748
2023-12-12$51.56$0.0045.5%4.5%10.3%74.8%0.0%1.3%-1.8%26.8K-138.4K-1530.00140.94N/AN/A003748
2023-12-13$52.20$0.0014.0%4.0%7.9%13.3%0.0%2.0%-1.4%15.0K-143.5K-1170.00135.78N/AN/A003748
2023-12-14$52.74$0.0014.4%4.1%8.3%14.1%0.0%1.1%-1.6%13.0K-160.3K-920.00138.60N/AN/A003748
2023-12-15$52.41$0.0016.1%4.6%8.6%18.7%0.0%0.5%-2.3%-281-7.3K-980.00139.90N/AN/A00448
2023-12-18$52.69$0.0015.4%4.4%8.6%17.1%0.0%0.6%-2.4%20-8.7K-890.00140.59N/AN/A00431
2023-12-19$53.06$0.0014.9%4.3%8.5%16.2%0.0%1.1%-1.6%511-11.4K-680.00139.20N/AN/A00431
2023-12-20$52.47$0.0017.2%4.9%9.4%20.9%0.0%0.0%-2.9%-197-7.7K-950.00134.97N/AN/A00431
2023-12-21$52.72$0.0015.9%4.6%9.4%18.3%0.0%0.5%-2.0%88-8.2K-830.00139.02N/AN/A00431
2023-12-22$52.93$0.0016.2%4.6%9.4%18.8%0.0%0.8%-2.7%322-10.2K-770.00138.72N/AN/A00431
2023-12-26$53.20$0.0017.4%5.0%9.4%21.3%0.0%1.1%-3.3%302-10.8K-730.00139.50N/AN/A00431
2023-12-27$53.09$0.0017.8%5.1%9.5%22.2%0.0%0.5%-3.4%130-9.8K-820.00140.49N/AN/A00431
2023-12-28$53.24$0.0017.9%5.1%9.4%22.4%0.0%0.4%-2.5%312-10.8K-730.00141.17N/AN/A00431
2023-12-29$53.02$0.0017.9%5.1%9.7%22.5%0.0%0.7%-3.3%339-10.5K-720.00141.31N/AN/A00431