META Options History — July 2022

In July 2022, META traded between $157.89 and $182.86. ATM implied volatility averaged 63.3%, placing in the 27.1% IV rank vs the trailing year. The 30-day expected move averaged 17.5%. IV traded below realized volatility by 257.8% (HV 20d: 321.1%). Max pain ranged from $170.00 to $180.00. Net GEX was positive for 17 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.72.

Notable Days

2022-07-28: Highest Volume — 1,151,787 contracts
2022-07-28: Largest IV drop — 27.1% change
2022-07-05: Highest IV Rank — 30.0%
2022-07-26: Largest Expected Move — 20.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$167.14	$157.89	$182.86	$160.01	$159.38
Max Pain	$176.13	$170.00	$180.00	$170.00	$170.00
ATM IV	63.3%	41.3%	67.8%	67.4%	41.3%
Expected Move	17.5%	11.8%	20.3%	14.2%	11.8%
HV 20d	321.1%	46.3%	948.9%	948.9%	60.5%
HV 60d	548.3%	547.9%	548.9%	548.3%	548.9%
IV Rank	27.1%	13.0%	30.0%	29.8%	13.0%
IV Percentile	74.6%	45.6%	83.7%	82.9%	45.6%
Term Structure	-3.1%	-6.2%	0.2%	-2.5%	0.2%
VWIV	61.1%	41.7%	70.6%	49.1%	41.7%
Skew 25d	7.6%	4.2%	9.2%	9.2%	4.2%
Skew 10d	13.8%	7.1%	17.0%	16.3%	7.1%
Call IV 25d	59.8%	39.8%	64.2%	63.9%	39.8%
Put IV 25d	67.4%	44.0%	73.1%	73.1%	44.0%
Bid-Ask Spread %	1.53	0.74	2.80	0.74	1.19
Gamma HHI	0.06	0.04	0.12	0.12	0.05
Net GEX	58.2M	-38.0M	152.6M	-20.6M	9.3M
Net DEX	1.99B	-1.89B	4.92B	3.71B	3.88B
Net VEX	-66.8M	-79.7M	-56.2M	-61.7M	-58.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.72	0.46	1.20	0.68	0.66
Total Volume	463,373.5	263,009	1,151,787	468,774	761,649
Total OI	2,884,331.55	2,602,860	3,274,010	2,922,585	3,274,010

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2022-07-01	$160.01	$170.00	67.4%	14.2%	948.9%	29.8%	49.1%	9.2%	-2.5%	-20.6M	3.71B	-61.7M	0.68	0.74	278,754	190,020	1,933,381	989,204
2022-07-05	$167.54	$180.00	67.8%	17.7%	948.0%	30.0%	60.4%	8.8%	-6.2%	72.6M	1.86B	-66.6M	0.46	1.95	295,414	134,433	1,828,502	941,505
2022-07-06	$169.96	$180.00	67.2%	17.6%	947.3%	29.6%	61.5%	8.7%	-3.3%	106.2M	1.16B	-68.5M	0.60	2.21	225,017	135,510	1,865,427	970,526
2022-07-07	$172.04	$180.00	66.2%	17.4%	946.7%	29.0%	61.5%	8.3%	-3.0%	141.9M	568.8M	-71.0M	0.64	1.46	262,618	168,290	1,900,317	993,215
2022-07-08	$171.15	$180.00	65.0%	17.2%	947.1%	28.2%	59.3%	8.0%	-3.8%	113.7M	869.9M	-70.0M	0.50	1.49	270,202	136,178	1,913,381	1,009,472
2022-07-11	$162.94	$180.00	66.7%	17.9%	948.3%	29.3%	62.1%	8.9%	-3.1%	35.2M	2.98B	-63.4M	0.83	1.77	176,926	147,738	1,853,321	964,781
2022-07-12	$162.60	$180.00	67.5%	18.3%	53.6%	29.9%	64.3%	9.0%	-3.0%	31.3M	2.98B	-63.6M	0.76	1.39	149,562	113,447	1,878,992	991,813
2022-07-13	$163.37	$180.00	67.2%	18.3%	48.2%	29.6%	64.5%	8.6%	-3.4%	36.4M	2.80B	-63.8M	0.69	1.43	183,650	126,114	1,910,893	1,002,060
2022-07-14	$157.89	$180.00	67.2%	18.4%	49.6%	29.6%	64.5%	8.4%	-3.4%	-18.9M	4.01B	-60.2M	0.55	1.69	252,798	139,681	1,921,216	1,010,572
2022-07-15	$164.32	$180.00	64.3%	17.8%	50.3%	27.8%	61.5%	7.9%	-3.5%	80.3M	2.45B	-64.1M	0.68	1.59	244,221	167,166	1,954,952	1,020,087
2022-07-18	$166.98	$175.00	65.6%	18.4%	46.3%	28.6%	64.2%	8.6%	-2.4%	51.5M	1.85B	-65.7M	0.70	1.58	205,550	144,263	1,701,870	900,990
2022-07-19	$176.01	$172.50	65.3%	18.6%	49.4%	28.4%	63.0%	7.6%	-3.0%	106.6M	-229.7M	-73.6M	0.78	1.53	226,277	177,584	1,756,478	933,522
2022-07-20	$182.86	$175.00	63.0%	18.1%	48.1%	26.9%	64.3%	6.9%	-3.4%	152.6M	-1.89B	-79.3M	0.80	1.59	233,617	187,345	1,789,585	973,202
2022-07-21	$182.74	$175.00	63.4%	18.4%	47.9%	27.2%	63.6%	6.9%	-3.9%	151.3M	-1.89B	-79.7M	0.57	1.38	299,882	169,569	1,827,363	994,949
2022-07-22	$169.12	$175.00	65.5%	19.1%	56.3%	28.5%	67.8%	6.9%	-3.5%	32.7M	1.81B	-71.2M	0.69	1.28	378,721	260,221	1,876,838	1,030,721
2022-07-25	$165.83	$172.50	65.5%	19.7%	53.3%	28.6%	68.9%	6.9%	-4.2%	41.5M	2.32B	-67.6M	1.20	1.18	142,165	170,123	1,798,203	973,960
2022-07-26	$159.01	$172.50	66.9%	20.3%	55.2%	29.4%	70.6%	7.1%	-3.2%	15.2M	3.72B	-62.9M	0.84	1.19	200,975	168,693	1,833,828	1,049,762
2022-07-27	$169.25	$172.50	59.8%	18.3%	57.0%	24.9%	64.1%	5.8%	-2.7%	62.5M	1.86B	-69.3M	0.96	2.80	301,076	290,234	1,894,249	1,090,734
2022-07-28	$159.83	$172.50	43.6%	12.6%	60.6%	14.5%	44.2%	4.4%	-0.3%	-38.0M	4.92B	-56.2M	0.82	1.15	632,515	519,272	1,965,667	1,167,083
2022-07-29	$159.38	$170.00	41.3%	11.8%	60.5%	13.0%	41.7%	4.2%	0.2%	9.3M	3.88B	-58.4M	0.66	1.19	458,335	303,314	2,082,467	1,191,543