FVAL Options History — March 2024

In March 2024, FVAL traded between $54.54 and $57.04. ATM implied volatility averaged 20.7%, placing in the 30.6% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded above realized volatility by 10.1% (HV 20d: 10.6%). Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days.

Notable Days

  • 2024-03-13: Largest IV drop — 64.3% change
  • 2024-03-12: Highest IV Rank — 68.6%
  • 2024-03-01: Largest Expected Move — 5.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$55.84$54.54$57.04$55.28$57.04
ATM IV20.7%14.3%40.1%20.2%16.5%
Expected Move4.4%3.9%5.8%5.8%4.7%
HV 20d10.6%8.8%12.6%12.1%9.4%
HV 60d10.6%10.3%10.9%10.5%10.5%
IV Rank30.6%14.9%68.6%27.3%24.4%
IV Percentile48.7%12.7%98.0%66.7%30.6%
Term Structure-2.4%-5.3%-1.6%-5.3%-2.8%
Skew 25d1.2%0.1%7.0%7.0%0.9%
Skew 10d1.3%0.7%1.8%1.4%1.0%
Call IV 25d17.3%15.4%19.4%19.1%19.4%
Put IV 25d18.6%16.5%26.1%26.1%20.3%
Bid-Ask Spread %136.10131.52137.70136.26136.74
Gamma HHI0.990.971.000.971.00
Net GEX8595551.1K984555
Net DEX-18.5K-21.2K-15.3K-17.0K-21.2K
Net VEX-23-33-11-30-11
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1414141414

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$55.28$0.0020.2%5.8%12.1%27.3%0.0%7.0%-5.3%984-17.0K-300.00136.26N/AN/A00410
2024-03-04$55.19$0.0022.9%4.1%11.8%32.8%0.0%1.3%-1.6%998-16.7K-300.00137.51N/AN/A00410
2024-03-05$54.54$0.0022.7%3.9%12.3%32.5%0.0%0.5%-1.9%1.1K-15.3K-330.00134.60N/AN/A00410
2024-03-06$54.99$0.0024.0%4.1%12.6%35.1%0.0%0.9%-1.6%1.0K-16.3K-310.00136.17N/AN/A00410
2024-03-07$55.39$0.0028.3%4.2%12.4%44.1%0.0%1.3%-1.8%971-17.2K-290.00136.83N/AN/A00410
2024-03-08$55.38$0.0029.4%4.4%12.4%46.5%0.0%1.2%-1.6%977-17.2K-290.00136.38N/AN/A00410
2024-03-11$55.52$0.0038.9%4.3%12.4%66.3%0.0%1.8%-2.1%962-17.5K-260.00135.55N/AN/A00410
2024-03-12$55.91$0.0040.1%4.0%12.6%68.6%0.0%1.6%-1.8%884-18.4K-240.00135.02N/AN/A00410
2024-03-13$55.95$0.0014.3%4.1%9.9%14.9%0.0%1.4%-1.8%874-18.4K-240.00136.12N/AN/A00410
2024-03-14$55.75$0.0014.3%4.1%9.8%15.3%0.0%0.8%-1.6%918-18.0K-240.00136.00N/AN/A00410
2024-03-15$55.34$0.0016.2%4.6%9.8%23.5%0.0%0.8%-2.4%1.0K-17.0K-280.00137.32N/AN/A00410
2024-03-18$55.70$0.0015.0%4.3%9.9%20.5%0.0%0.6%-2.1%942-17.9K-250.00136.24N/AN/A00410
2024-03-19$55.91$0.0015.1%4.3%9.7%20.8%0.0%1.0%-2.4%840-19.3K-190.00135.60N/AN/A00410
2024-03-20$56.49$0.0014.5%4.2%10.2%19.3%0.0%1.0%-1.8%656-20.7K-150.00131.52N/AN/A00410
2024-03-21$56.67$0.0015.2%4.4%8.8%21.0%0.0%0.3%-2.5%642-20.6K-150.00136.59N/AN/A00410
2024-03-22$56.48$0.0016.7%4.8%9.0%25.0%0.0%0.1%-3.3%693-20.3K-150.00136.72N/AN/A00410
2024-03-25$56.29$0.0017.2%4.9%8.9%26.1%0.0%0.7%-2.9%753-19.9K-170.00137.70N/AN/A00410
2024-03-26$56.22$0.0017.3%5.0%9.0%26.5%0.0%0.4%-3.8%772-19.8K-160.00137.24N/AN/A00410
2024-03-27$56.80$0.0015.7%4.5%9.4%22.4%0.0%1.0%-3.1%604-20.9K-130.00135.85N/AN/A00410
2024-03-28$57.04$0.0016.5%4.7%9.4%24.4%0.0%0.9%-2.8%555-21.2K-110.00136.74N/AN/A00410