FVAL Options History — March 2026

In March 2026, FVAL traded between $67.41 and $72.99. ATM implied volatility averaged 22.0%, placing in the 17.4% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 8.9% (HV 20d: 13.1%). Net GEX was positive for 6 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2026-03-23: Highest Volume — 2 contracts
  • 2026-03-11: Largest IV drop — 15.5% change
  • 2026-03-30: Highest IV Rank — 31.4%
  • 2026-03-30: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$70.54$67.41$72.99$72.94$69.37
ATM IV22.0%18.6%28.9%18.6%26.3%
Expected Move6.2%5.2%8.3%5.3%7.5%
HV 20d13.1%10.5%19.3%13.7%19.3%
HV 60d12.1%11.0%15.0%11.0%15.0%
IV Rank17.4%10.4%31.4%10.4%26.1%
IV Percentile80.3%64.3%92.5%64.3%90.5%
Term Structure-1.0%-5.7%1.2%-3.1%-5.7%
Skew 25d3.3%1.9%5.2%2.3%3.5%
Skew 10d2.2%-0.8%5.0%1.7%4.9%
Call IV 25d19.2%15.7%23.9%19.3%22.1%
Put IV 25d22.5%18.9%27.2%21.7%25.5%
Bid-Ask Spread %111.8277.81157.56155.5180.61
Gamma HHI1.001.001.001.001.00
Net GEX20108260826
Net DEX-1.6K-6.8K00-5.9K
Net VEX-5-2100-19
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0910200
Total OI0.5450202

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$72.94$0.0018.6%5.3%13.7%10.4%0.0%2.3%-3.1%0000.00155.51N/AN/A0000
2026-03-03$72.47$0.0021.1%6.0%13.5%15.5%0.0%2.7%-3.6%0000.00157.56N/AN/A0000
2026-03-04$72.99$0.0019.5%5.6%13.3%12.2%0.0%2.3%-3.3%0000.00154.78N/AN/A0000
2026-03-05$72.41$0.0021.2%5.3%13.5%15.7%0.0%3.1%-0.2%0000.00143.33N/AN/A0000
2026-03-06$71.70$0.0023.1%5.9%12.6%19.5%0.0%3.7%-0.4%0000.00141.43N/AN/A0000
2026-03-09$72.08$0.0023.6%5.6%10.6%20.7%0.0%5.2%-0.2%0000.00135.26N/AN/A0000
2026-03-10$71.91$0.0023.0%5.2%10.5%19.5%0.0%3.1%0.2%0000.00145.86N/AN/A0000
2026-03-11$71.75$0.0019.4%5.6%10.5%12.2%0.0%4.0%0.2%0000.00146.65N/AN/A0000
2026-03-12$70.91$0.0021.7%0.0%11.1%16.7%0.0%4.0%0.9%0000.00106.37N/AN/A0000
2026-03-13$70.25$0.0022.0%0.0%10.7%17.4%0.0%3.3%-0.7%0000.0092.74N/AN/A0000
2026-03-16$70.95$0.0019.4%5.7%11.5%12.1%0.0%4.2%1.0%0000.00106.72N/AN/A0000
2026-03-17$71.24$0.0020.2%6.0%11.6%13.7%0.0%3.0%-0.4%0000.00102.67N/AN/A0000
2026-03-18$70.22$0.0020.2%6.0%12.2%13.7%0.0%3.0%-0.3%0000.00104.95N/AN/A0000
2026-03-19$70.05$0.0021.0%6.0%12.2%15.3%0.0%1.9%0.5%0000.00102.10N/AN/A0000
2026-03-20$68.58$0.0022.7%6.7%13.2%18.8%0.0%4.1%-0.9%0000.0083.16N/AN/A0000
2026-03-23$69.69$0.0020.3%5.9%14.6%13.9%0.0%2.8%-2.7%0000.0090.15N/AN/A2000
2026-03-24$69.22$0.0022.6%6.6%14.1%18.6%0.0%3.5%0.4%740-6.5K-210.0081.78N/AN/A0020
2026-03-25$69.53$0.0021.3%6.1%14.2%16.0%0.0%3.0%-5.3%788-6.8K-210.0085.66N/AN/A0020
2026-03-26$68.77$0.0022.6%6.5%14.4%18.6%0.0%3.1%1.2%801-6.1K-200.0077.81N/AN/A0020
2026-03-27$67.46$0.0026.0%7.5%15.5%25.5%0.0%2.7%0.3%640-5.0K-190.0082.27N/AN/A0020
2026-03-30$67.41$0.0028.9%8.3%15.5%31.4%0.0%3.3%0.5%620-4.8K-180.0082.59N/AN/A0020
2026-03-31$69.37$0.0026.3%7.5%19.3%26.1%0.0%3.5%-5.7%826-5.9K-190.0080.61N/AN/A0020