META Options History — August 2022

In August 2022, META traded between $157.20 and $181.11. ATM implied volatility averaged 42.7%, placing in the 13.9% IV rank vs the trailing year. The 30-day expected move averaged 12.2%. IV traded below realized volatility by 11.1% (HV 20d: 53.8%). Max pain ranged from $170.00 to $175.00. Net GEX was positive for 17 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 0.78.

Notable Days

2022-08-03: Highest Volume — 654,324 contracts
2022-08-26: Largest IV spike — 8.4% change
2022-08-30: Highest IV Rank — 15.9%
2022-08-31: Largest Expected Move — 13.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$168.59	$157.20	$181.11	$160.08	$164.29
Max Pain	$170.87	$170.00	$175.00	$170.00	$170.00
ATM IV	42.7%	39.8%	45.8%	43.9%	45.6%
Expected Move	12.2%	11.4%	13.0%	12.7%	13.0%
HV 20d	53.8%	40.0%	62.4%	60.4%	42.2%
HV 60d	548.7%	548.4%	548.9%	548.9%	548.4%
IV Rank	13.9%	12.1%	15.9%	14.7%	15.8%
IV Percentile	46.8%	39.9%	54.4%	48.3%	54.1%
Term Structure	-0.0%	-1.0%	1.0%	-0.9%	-0.1%
VWIV	43.0%	40.8%	46.3%	44.8%	46.3%
Skew 25d	4.5%	3.5%	5.6%	4.5%	5.4%
Skew 10d	8.1%	6.4%	10.3%	7.8%	10.3%
Call IV 25d	40.9%	38.3%	43.6%	42.1%	43.6%
Put IV 25d	45.3%	42.2%	49.0%	46.6%	49.0%
Bid-Ask Spread %	1.02	0.78	1.99	1.20	0.79
Gamma HHI	0.07	0.04	0.31	0.05	0.04
Net GEX	80.3M	-38.6M	330.6M	25.1M	47.7M
Net DEX	756.6M	-2.63B	3.93B	3.06B	1.65B
Net VEX	-67.5M	-75.1M	-59.5M	-59.8M	-65.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.78	0.49	1.51	0.57	1.51
Total Volume	416,872.391	249,538	654,324	585,637	615,740
Total OI	3,077,373.783	2,850,951	3,282,806	2,966,013	3,050,755

Daily Data (23 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
2022-08-01	$160.08	$170.00	43.9%	12.7%	60.4%	14.7%	44.8%	4.5%	-0.9%	25.1M	3.06B	-59.8M	0.57	1.20	374,155	211,482	1,912,219	1,053,794
2022-08-02	$160.24	$170.00	44.9%	12.9%	58.0%	15.3%	45.3%	4.7%	-0.9%	36.9M	2.89B	-60.5M	0.56	1.00	288,807	160,987	1,980,308	1,078,981
2022-08-03	$168.80	$170.00	43.1%	12.5%	60.9%	14.2%	44.2%	4.7%	-0.8%	146.0M	168.1M	-69.0M	0.73	0.94	377,655	276,669	2,021,235	1,109,854
2022-08-04	$169.96	$175.00	42.8%	12.1%	60.7%	14.0%	42.1%	3.9%	-1.0%	165.0M	-169.5M	-69.9M	0.62	1.12	282,366	174,831	2,051,886	1,126,717
2022-08-05	$166.74	$175.00	41.5%	11.9%	61.1%	13.2%	41.0%	4.0%	-0.7%	79.8M	1.17B	-66.2M	0.63	1.19	340,387	213,444	2,059,961	1,138,724
2022-08-08	$170.65	$175.00	42.3%	12.1%	58.9%	13.7%	43.3%	4.0%	0.1%	94.2M	185.6M	-68.9M	0.66	1.06	302,161	200,476	1,949,168	1,063,864
2022-08-09	$168.32	$175.00	42.7%	12.2%	59.2%	13.9%	43.1%	4.3%	0.1%	69.3M	966.7M	-67.5M	0.53	0.97	181,968	96,789	1,997,624	1,086,131
2022-08-10	$178.29	$170.00	40.9%	11.8%	62.4%	12.8%	41.7%	3.7%	0.1%	204.6M	-2.40B	-74.6M	0.74	1.03	361,924	266,397	2,023,583	1,097,513
2022-08-11	$177.04	$170.00	42.0%	12.1%	60.9%	13.5%	41.7%	4.1%	0.2%	173.4M	-1.84B	-74.4M	0.49	1.32	367,040	178,179	2,052,645	1,120,965
2022-08-12	$179.86	$170.00	40.2%	11.6%	59.7%	12.4%	41.6%	3.5%	0.4%	330.6M	-2.63B	-75.1M	0.71	1.00	205,011	145,137	2,057,240	1,138,585
2022-08-15	$181.11	$170.00	40.1%	11.5%	59.6%	12.3%	41.1%	3.8%	0.3%	160.7M	-2.50B	-73.5M	0.53	0.97	184,673	97,866	1,981,540	1,081,353
2022-08-16	$179.73	$170.00	39.8%	11.4%	56.8%	12.1%	41.9%	3.9%	0.6%	156.4M	-2.08B	-74.1M	0.74	0.96	212,477	157,381	2,003,344	1,098,173
2022-08-17	$174.69	$170.00	41.2%	11.8%	56.0%	13.0%	40.8%	4.0%	0.5%	91.9M	-853.7M	-71.3M	1.10	1.99	199,929	220,108	2,054,967	1,140,205
2022-08-18	$174.91	$170.00	40.2%	11.5%	56.0%	12.3%	41.2%	4.1%	0.8%	88.8M	-937.2M	-71.2M	1.00	0.93	178,092	177,523	2,086,804	1,152,528
2022-08-19	$167.87	$170.00	40.9%	11.6%	50.7%	12.8%	40.9%	4.3%	1.0%	-25.0M	1.56B	-67.0M	0.90	0.82	244,302	220,523	2,107,012	1,175,794
2022-08-22	$162.62	$170.00	44.1%	12.7%	51.5%	14.8%	44.2%	5.2%	0.1%	-9.1M	2.77B	-63.5M	0.93	0.82	132,213	123,477	1,842,302	1,008,649
2022-08-23	$161.03	$170.00	44.2%	12.5%	49.4%	14.9%	43.9%	4.7%	-0.2%	-16.4M	3.03B	-62.8M	0.59	0.82	156,817	92,721	1,880,691	1,029,506
2022-08-24	$163.96	$170.00	43.0%	12.2%	44.2%	14.2%	43.2%	4.8%	-0.1%	18.8M	2.25B	-64.6M	1.46	0.78	150,407	219,971	1,922,710	1,045,599
2022-08-25	$168.34	$170.00	41.7%	11.8%	40.0%	13.3%	41.8%	4.7%	-0.1%	83.1M	1.04B	-67.5M	0.88	0.79	166,039	145,376	1,949,559	1,061,156
2022-08-26	$161.72	$170.00	45.2%	12.6%	42.8%	15.5%	44.1%	5.2%	-0.1%	-38.6M	2.99B	-63.6M	0.78	0.82	194,282	151,819	1,970,629	1,082,129
2022-08-29	$160.03	$170.00	45.5%	12.9%	43.0%	15.8%	45.3%	5.6%	0.0%	-9.4M	3.17B	-61.7M	0.61	0.83	161,121	98,448	1,890,369	1,032,284
2022-08-30	$157.20	$170.00	45.8%	12.8%	43.4%	15.9%	45.0%	5.5%	0.1%	-26.9M	3.93B	-59.5M	0.65	1.44	170,524	110,371	1,945,447	1,065,095
2022-08-31	$164.29	$170.00	45.6%	13.0%	42.2%	15.8%	46.3%	5.4%	-0.1%	47.7M	1.65B	-65.4M	1.51	0.79	245,413	370,327	1,973,125	1,077,630