FVAL Options History — January 2024

In January 2024, FVAL traded between $52.12 and $54.08. ATM implied volatility averaged 17.9%, placing in the 22.5% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 8.7% (HV 20d: 9.2%). Max pain ranged from $46.00 to $46.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-01-08: Highest Volume — 1 contracts
  • 2024-01-10: Largest IV drop — 42.6% change
  • 2024-01-09: Highest IV Rank — 33.5%
  • 2024-01-03: Largest Expected Move — 5.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.98$52.12$54.08$52.73$53.19
Max Pain$46.00$46.00$46.00$46.00$46.00
ATM IV17.9%13.3%23.2%19.2%19.6%
Expected Move4.8%3.8%5.7%5.5%5.6%
HV 20d9.2%8.3%10.1%9.6%10.1%
HV 60d11.9%10.5%12.7%12.7%10.7%
IV Rank22.5%12.9%33.5%25.1%26.0%
IV Percentile38.3%10.7%76.6%46.0%56.3%
Term Structure-3.6%-5.5%-2.3%-4.8%-4.9%
Skew 25d-0.0%-5.3%2.1%0.5%0.4%
Skew 10d1.4%0.9%3.8%1.2%1.1%
Call IV 25d20.8%15.4%44.8%23.6%23.7%
Put IV 25d20.8%13.4%41.2%24.2%24.0%
Bid-Ask Spread %137.77134.26139.72138.99134.26
Gamma HHI0.590.410.770.450.69
Net GEX687-7461.4K293929
Net DEX-11.3K-13.9K-2.3K-9.5K-11.8K
Net VEX-65-114-47-73-50
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0950100
Total OI35.38135363535

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$52.73$0.0019.2%5.5%9.6%25.1%0.0%0.5%-4.8%293-9.5K-730.00138.99N/AN/A00431
2024-01-03$52.52$0.0019.8%5.7%9.7%26.3%0.0%0.2%-5.5%160-9.0K-760.00139.33N/AN/A00431
2024-01-04$52.35$46.0022.4%5.1%9.8%31.7%0.0%1.1%-3.5%-57-7.5K-840.00137.55N/AN/A00431
2024-01-05$52.30$46.0022.0%4.5%9.7%30.9%0.0%-3.6%-3.8%-746-2.3K-1140.00138.10N/AN/A00431
2024-01-08$52.89$46.0021.8%4.1%10.1%30.5%0.0%1.6%-2.6%425-10.2K-680.00135.78N/AN/A10431
2024-01-09$52.69$46.0023.2%4.2%10.1%33.5%0.0%1.2%-2.3%745-11.9K-740.00137.34N/AN/A00531
2024-01-10$52.87$46.0013.3%3.8%10.1%12.9%0.0%0.1%-2.5%965-13.0K-700.00137.72N/AN/A00531
2024-01-11$52.81$46.0014.8%4.3%10.1%16.0%0.0%0.7%-2.5%1.2K-13.4K-620.00137.99N/AN/A10531
2024-01-12$52.81$46.0014.9%4.3%9.3%16.1%0.0%0.6%-3.0%928-12.6K-680.00137.25N/AN/A00531
2024-01-16$52.44$46.0015.4%4.4%8.9%17.3%0.0%0.5%-5.0%812-11.1K-700.00136.84N/AN/A00531
2024-01-17$52.12$46.0014.8%4.2%8.9%16.0%0.0%2.1%-3.4%729-9.5K-740.00139.72N/AN/A00531
2024-01-18$52.42$46.0016.4%4.7%8.9%19.4%0.0%-5.3%-2.7%910-11.1K-660.00136.81N/AN/A00531
2024-01-19$53.03$46.0016.0%4.6%9.5%18.3%0.0%-0.1%-2.5%1.4K-13.9K-570.00135.84N/AN/A00531
2024-01-22$53.28$46.0014.9%4.3%8.7%16.3%0.0%0.8%-2.3%712-11.7K-560.00137.82N/AN/A00431
2024-01-23$53.39$46.0015.4%4.4%8.6%17.3%0.0%-4.7%-4.1%776-12.1K-540.00138.72N/AN/A00431
2024-01-24$53.45$46.0019.6%5.6%8.5%26.0%0.0%0.4%-3.8%867-12.5K-510.00137.89N/AN/A00431
2024-01-25$53.59$46.0017.3%4.9%8.3%21.1%0.0%0.7%-3.8%837-12.7K-510.00139.27N/AN/A00431
2024-01-26$53.70$46.0017.6%5.1%8.3%21.9%0.0%0.3%-3.9%834-13.0K-500.00139.16N/AN/A00431
2024-01-29$53.98$46.0018.8%5.4%8.4%24.3%0.0%0.8%-4.9%914-13.8K-470.00138.29N/AN/A00431
2024-01-30$54.08$46.0019.3%5.5%8.3%25.3%0.0%0.9%-4.6%854-13.9K-470.00138.56N/AN/A00431
2024-01-31$53.19$46.0019.6%5.6%10.1%26.0%0.0%0.4%-4.9%929-11.8K-500.00134.26N/AN/A00431