FVAL Options History — August 2024

In August 2024, FVAL traded between $55.16 and $59.42. ATM implied volatility averaged 22.7%, placing in the 40.7% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded above realized volatility by 4.3% (HV 20d: 18.5%). Max pain ranged from $57.00 to $57.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 1 of 22 days.

Notable Days

  • 2024-08-05: Largest IV spike — 69.0% change
  • 2024-08-06: Highest IV Rank — 92.5%
  • 2024-08-06: Largest Expected Move — 7.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$57.90$55.16$59.42$58.00$59.42
Max Pain$57.00$57.00$57.00$57.00$57.00
ATM IV22.7%15.1%42.6%19.1%17.4%
Expected Move5.1%4.3%7.3%5.5%5.0%
HV 20d18.5%12.2%19.9%12.2%16.4%
HV 60d12.4%8.9%13.1%8.9%12.9%
IV Rank40.7%20.8%92.5%31.3%26.8%
IV Percentile58.2%19.8%99.2%62.7%52.0%
Term Structure-2.9%-6.4%9.1%-2.9%-4.0%
Skew 25d0.9%-1.9%3.8%-0.9%1.0%
Skew 10d1.2%-8.4%8.1%0.9%1.0%
Call IV 25d19.4%14.2%27.9%24.2%20.2%
Put IV 25d20.3%18.0%26.0%23.2%21.2%
Bid-Ask Spread %147.50129.25159.90131.68148.28
Gamma HHI0.440.360.510.380.51
Net GEX6974661.1K867472
Net DEX-7.8K-11.0K-6.1K-10.3K-7.3K
Net VEX-25-31-22-29-22
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI2.5452332

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$58.00$57.0019.1%5.5%12.2%31.3%0.0%-0.9%-2.9%867-10.3K-290.00131.68N/AN/A0030
2024-08-02$56.83$57.0021.9%6.3%14.1%38.4%0.0%0.8%-6.4%876-8.2K-310.00129.25N/AN/A0030
2024-08-05$55.16$0.0037.0%6.7%17.4%77.8%0.0%-1.3%-3.6%627-6.1K-280.00154.58N/AN/A0030
2024-08-06$55.98$0.0042.6%7.3%18.4%92.5%0.0%-1.9%-5.6%611-6.8K-270.00159.90N/AN/A0030
2024-08-07$55.67$0.0025.3%4.6%18.2%47.3%0.0%0.7%-0.2%841-6.2K-270.00137.66N/AN/A0030
2024-08-08$56.49$0.0036.7%6.1%19.2%77.1%0.0%2.3%-3.6%756-7.4K-280.00157.42N/AN/A0030
2024-08-09$56.80$0.0027.8%4.6%19.1%53.8%0.0%1.5%-0.1%940-7.7K-280.00144.84N/AN/A0030
2024-08-12$56.48$0.0039.1%5.2%19.1%83.3%0.0%1.2%-5.0%968-7.3K-260.00147.58N/AN/A0030
2024-08-13$57.23$0.0038.5%4.5%19.2%81.9%0.0%1.7%-2.6%1.0K-8.5K-270.00146.32N/AN/A0030
2024-08-14$57.39$0.0016.0%4.6%19.2%23.1%0.0%1.1%-3.5%1.1K-8.9K-250.00148.95N/AN/A0030
2024-08-15$58.30$0.0015.3%4.4%19.9%21.2%0.0%3.8%9.1%997-10.6K-250.00149.69N/AN/A0030
2024-08-16$58.43$0.0015.6%4.5%19.8%22.1%0.0%1.5%-1.0%1.0K-11.0K-240.00150.13N/AN/A0030
2024-08-19$58.89$0.0015.1%4.3%19.9%20.8%0.0%1.6%-2.8%476-6.9K-230.00149.59N/AN/A0020
2024-08-20$58.78$0.0015.7%4.5%19.9%22.4%0.0%0.7%-3.0%490-6.9K-230.00151.00N/AN/A0020
2024-08-21$58.91$0.0015.8%4.5%19.1%22.6%0.0%0.9%-3.4%475-7.0K-230.00149.69N/AN/A0020
2024-08-22$58.59$0.0015.5%4.4%19.2%21.8%0.0%0.1%-3.4%475-7.1K-220.00146.01N/AN/A0020
2024-08-23$59.32$0.0017.2%4.9%19.4%26.3%0.0%1.4%-5.8%473-7.3K-220.00147.12N/AN/A0020
2024-08-26$59.36$0.0017.0%4.9%19.4%25.7%0.0%0.6%-3.4%466-7.4K-230.00148.95N/AN/A0020
2024-08-27$59.37$0.0017.5%5.0%19.4%27.1%0.0%1.4%-4.1%479-7.3K-220.00150.48N/AN/A0020
2024-08-28$59.13$0.0016.9%4.9%19.4%25.5%0.0%0.7%-4.0%480-7.1K-220.00147.11N/AN/A0020
2024-08-29$59.16$0.0017.1%4.9%18.3%25.9%0.0%0.8%-3.8%488-7.2K-220.00148.75N/AN/A0020
2024-08-30$59.42$0.0017.4%5.0%16.4%26.8%0.0%1.0%-4.0%472-7.3K-220.00148.28N/AN/A0020