FVAL Options History — December 2024

In December 2024, FVAL traded between $61.48 and $64.39. ATM implied volatility averaged 17.4%, placing in the 16.6% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 7.1% (HV 20d: 10.3%). Max pain ranged from $61.00 to $61.00. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 1 of 21 days.

Notable Days

  • 2024-12-11: Largest IV drop — 36.5% change
  • 2024-12-10: Highest IV Rank — 35.0%
  • 2024-12-03: Largest Expected Move — 5.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$63.11$61.48$64.39$64.19$61.57
Max Pain$61.00$61.00$61.00$61.00$61.00
ATM IV17.4%14.0%22.1%18.5%18.3%
Expected Move4.6%3.9%5.3%5.3%5.2%
HV 20d10.3%7.1%13.8%13.8%11.7%
HV 60d11.5%10.8%12.4%11.1%12.3%
IV Rank16.6%3.8%35.0%29.6%16.9%
IV Percentile44.7%2.0%83.7%61.5%58.7%
Term Structure-2.8%-7.1%0.5%-4.9%-5.2%
Skew 25d0.9%-1.1%1.8%1.7%0.9%
Skew 10d3.3%-10.2%11.8%6.0%7.9%
Call IV 25d17.9%14.5%20.9%19.7%20.9%
Put IV 25d18.7%15.5%21.9%21.4%21.8%
Bid-Ask Spread %157.33146.65161.65159.52156.90
Gamma HHI0.650.501.000.501.00
Net GEX44-4284411438
Net DEX-3.3K-4.2K-362-3.8K-3.1K
Net VEX-11-13-9-13-9
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1.7141221

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-12-02$64.19$61.0018.5%5.3%13.8%29.6%0.0%1.7%-4.9%1-3.8K-130.00159.52N/AN/A0011
2024-12-03$64.08$61.0018.6%5.3%13.8%26.8%0.0%0.5%-5.6%-4-3.9K-130.00159.54N/AN/A0011
2024-12-04$64.34$61.0018.2%5.2%13.6%24.1%0.0%0.4%-5.1%11-4.2K-110.00158.69N/AN/A0011
2024-12-05$64.39$0.0020.2%4.0%7.9%29.8%0.0%1.0%-1.5%9-4.2K-110.00159.78N/AN/A0011
2024-12-06$64.23$0.0018.9%3.9%7.7%26.3%0.0%0.7%-0.8%-1-4.1K-120.00158.68N/AN/A0011
2024-12-09$64.06$0.0021.1%4.0%7.8%32.3%0.0%0.6%-1.1%-23-4.1K-110.00159.05N/AN/A0011
2024-12-10$63.72$0.0022.1%4.0%8.1%35.0%0.0%0.9%-0.9%-48-3.7K-120.00159.70N/AN/A0011
2024-12-11$64.09$0.0014.0%4.0%8.2%6.6%0.0%1.2%-1.3%-24-4.1K-110.00160.26N/AN/A0011
2024-12-12$63.78$0.0014.5%4.2%8.4%3.8%0.0%0.9%-2.0%-56-3.7K-120.00160.88N/AN/A0011
2024-12-13$63.39$0.0014.7%4.2%8.5%4.8%0.0%0.3%-2.2%-90-3.3K-120.00158.43N/AN/A0011
2024-12-16$63.35$0.0015.6%4.5%7.1%7.8%0.0%0.9%-2.0%-101-3.2K-110.00160.98N/AN/A0011
2024-12-17$63.01$0.0016.1%4.6%7.3%9.5%0.0%1.1%-2.5%-154-2.7K-120.00161.65N/AN/A0011
2024-12-18$61.48$0.0016.2%4.7%11.4%10.0%0.0%-1.1%-7.1%-374-362-120.00150.28N/AN/A0011
2024-12-19$61.66$0.0017.8%5.1%11.5%15.3%0.0%0.9%-1.8%-428-846-110.00153.59N/AN/A0011
2024-12-20$62.02$0.0016.6%4.8%11.2%11.3%0.0%0.6%0.5%-336-1.5K-100.00146.65N/AN/A0011
2024-12-23$62.28$0.0016.9%4.8%11.2%12.1%0.0%1.8%-2.4%420-3.5K-100.00153.17N/AN/A0010
2024-12-24$62.75$0.0016.0%4.6%11.3%9.3%0.0%0.8%-3.1%408-4.0K-90.00157.68N/AN/A0010
2024-12-26$62.95$0.0016.4%4.7%11.3%10.5%0.0%1.6%-3.3%410-4.2K-90.00159.45N/AN/A0010
2024-12-27$62.14$0.0016.8%4.8%12.1%11.8%0.0%0.7%-3.5%435-3.6K-100.00154.25N/AN/A0010
2024-12-30$61.89$0.0018.0%5.1%11.7%15.9%0.0%1.6%-3.6%441-3.2K-90.00154.92N/AN/A0010
2024-12-31$61.57$0.0018.3%5.2%11.7%16.9%0.0%0.9%-5.2%438-3.1K-90.00156.90N/AN/A0010