FVAL Options History — February 2025

In February 2025, FVAL traded between $62.06 and $64.69. ATM implied volatility averaged 18.4%, placing in the 15.9% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded above realized volatility by 8.7% (HV 20d: 9.7%). Max pain ranged from $62.00 to $62.00. Net GEX was positive for 14 of 19 trading days. Term structure was in contango for 0 of 19 days.

Notable Days

  • 2025-02-28: Largest IV spike — 127.1% change
  • 2025-02-28: Highest IV Rank — 98.4%
  • 2025-02-28: Largest Expected Move — 12.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$63.43$62.06$64.69$63.08$62.41
Max Pain$62.00$62.00$62.00$62.00$62.00
ATM IV18.4%13.8%42.1%17.4%42.1%
Expected Move4.9%3.9%12.1%5.0%12.1%
HV 20d9.7%7.4%12.3%12.3%9.8%
HV 60d11.2%10.8%12.9%12.9%11.3%
IV Rank15.9%0.0%98.4%12.4%98.4%
IV Percentile44.0%0.0%99.6%50.8%99.6%
Term Structure-3.4%-14.3%-0.9%-2.8%-14.3%
Skew 25d1.1%-4.4%3.4%2.4%3.3%
Skew 10d7.0%3.6%15.3%4.8%14.4%
Call IV 25d18.7%14.3%54.6%19.1%54.6%
Put IV 25d19.8%15.6%57.9%21.5%57.9%
Bid-Ask Spread %152.41140.86157.78140.86155.67
Gamma HHI0.510.500.530.500.51
Net GEX81201.5K1.1K0
Net DEX-6.6K-10.8K0-7.7K0
Net VEX-5-110-110
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1.4740220

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$63.08$62.0017.4%5.0%12.3%12.4%0.0%2.4%-2.8%1.1K-7.7K-110.00140.86N/AN/A0020
2025-02-04$63.39$62.0018.3%5.2%11.9%15.4%0.0%-4.2%-3.1%1.1K-8.3K-100.00143.82N/AN/A0020
2025-02-05$63.39$62.0017.9%5.1%11.6%14.0%0.0%-4.4%-3.3%1.1K-8.3K-100.00143.95N/AN/A0020
2025-02-06$63.33$0.0018.5%4.1%11.0%16.2%0.0%1.2%-2.5%1.1K-8.2K-90.00155.20N/AN/A0020
2025-02-07$63.07$0.0018.0%4.0%11.2%14.4%0.0%0.7%-0.9%1.2K-7.7K-90.00153.14N/AN/A0020
2025-02-10$63.38$0.0020.7%4.2%10.2%23.9%0.0%1.5%-2.3%1.1K-8.2K-80.00157.78N/AN/A0020
2025-02-11$63.51$0.0021.3%4.0%10.2%25.8%0.0%1.6%-2.3%1.1K-8.5K-80.00156.15N/AN/A0020
2025-02-12$63.38$0.0014.6%4.2%10.3%2.8%0.0%1.5%-2.7%1.2K-8.3K-70.00156.14N/AN/A0020
2025-02-13$64.08$0.0013.8%3.9%8.2%0.0%0.0%2.2%-1.9%1.1K-9.8K-60.00152.69N/AN/A0020
2025-02-14$64.27$0.0014.5%4.2%8.0%2.7%0.0%2.0%-2.9%985-9.9K-50.00154.60N/AN/A0020
2025-02-18$64.41$0.0015.4%4.4%7.5%5.8%0.0%2.1%-3.0%967-10.2K-30.00153.58N/AN/A0020
2025-02-19$64.69$0.0014.7%4.2%7.4%3.2%0.0%3.0%-3.1%888-10.8K-20.00151.98N/AN/A0020
2025-02-20$64.35$0.0015.8%4.5%7.5%7.0%0.0%2.0%-3.1%1.0K-10.3K-20.00152.61N/AN/A0020
2025-02-21$63.36$0.0016.1%4.6%9.4%8.2%0.0%0.3%-2.8%1.5K-8.5K-10.00154.69N/AN/A0020
2025-02-24$63.38$0.0017.1%4.9%9.4%11.5%0.0%1.2%-3.3%0000.00154.94N/AN/A0000
2025-02-25$62.97$0.0017.3%5.0%9.4%12.4%0.0%3.4%-3.6%0000.00154.77N/AN/A0000
2025-02-26$62.75$0.0017.1%4.9%8.8%11.5%0.0%1.2%-3.4%0000.00152.69N/AN/A0000
2025-02-27$62.06$0.0018.6%5.3%9.5%16.7%0.0%-0.4%-3.3%0000.00150.58N/AN/A0000
2025-02-28$62.41$0.0042.1%12.1%9.8%98.4%0.0%3.3%-14.3%0000.00155.67N/AN/A0000