META Options History — September 2022

In September 2022, META traded between $134.56 and $168.93. ATM implied volatility averaged 50.6%, placing in the 19.0% IV rank vs the trailing year. The 30-day expected move averaged 13.8%. IV traded above realized volatility by 3.7% (HV 20d: 46.9%). Max pain ranged from $160.00 to $170.00. Net GEX was positive for 6 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.90.

Notable Days

2022-09-14: Highest Volume — 871,628 contracts
2022-09-26: Largest IV spike — 12.8% change
2022-09-29: Highest IV Rank — 27.0%
2022-09-27: Largest Expected Move — 15.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$150.03	$134.56	$168.93	$164.32	$136.46
Max Pain	$164.52	$160.00	$170.00	$170.00	$160.00
ATM IV	50.6%	41.4%	63.0%	46.7%	61.7%
Expected Move	13.8%	12.1%	15.4%	13.4%	14.7%
HV 20d	46.9%	35.5%	52.3%	42.1%	50.2%
HV 60d	122.1%	49.5%	548.5%	548.3%	51.1%
IV Rank	19.0%	13.1%	27.0%	16.5%	26.1%
IV Percentile	60.3%	43.0%	76.2%	55.4%	74.0%
Term Structure	1.9%	-0.9%	9.1%	-0.2%	-0.4%
VWIV	48.1%	42.7%	54.0%	47.4%	50.5%
Skew 25d	6.6%	5.2%	9.0%	5.4%	8.7%
Skew 10d	12.1%	10.0%	16.3%	10.0%	15.9%
Call IV 25d	47.6%	39.3%	59.0%	44.6%	57.7%
Put IV 25d	54.2%	44.5%	67.6%	50.0%	66.4%
Bid-Ask Spread %	1.48	0.94	2.69	0.94	1.12
Gamma HHI	0.10	0.03	0.47	0.04	0.05
Net GEX	-24.8M	-200.7M	136.6M	32.1M	-19.5M
Net DEX	3.46B	-8.7M	6.26B	1.76B	3.49B
Net VEX	-55.7M	-65.8M	-47.5M	-65.8M	-50.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.90	0.53	1.60	0.79	0.92
Total Volume	480,610.667	206,558	871,628	527,840	488,274
Total OI	3,009,678.238	2,676,162	3,388,208	3,110,330	3,009,838

Daily Data (21 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
2022-09-01	$164.32	$170.00	46.7%	13.4%	42.1%	16.5%	47.4%	5.4%	-0.2%	32.1M	1.76B	-65.8M	0.79	0.94	295,273	232,567	2,000,364	1,109,966
2022-09-02	$159.71	$170.00	47.0%	13.3%	42.7%	16.7%	46.0%	6.1%	0.3%	-59.8M	3.26B	-62.4M	0.69	0.98	253,307	174,426	2,034,396	1,119,481
2022-09-06	$158.78	$170.00	48.2%	13.8%	41.7%	17.4%	48.7%	6.5%	-0.1%	-5.6M	3.38B	-59.9M	1.04	1.47	149,011	154,280	1,952,516	1,060,534
2022-09-07	$160.58	$170.00	45.6%	13.2%	41.8%	15.8%	45.8%	5.7%	0.1%	9.3M	3.00B	-60.4M	1.50	1.36	198,223	296,839	1,989,150	1,085,884
2022-09-08	$161.39	$165.00	44.7%	13.0%	35.5%	15.2%	45.1%	5.7%	0.3%	25.3M	2.67B	-60.8M	0.91	1.81	192,089	175,370	2,021,183	1,101,147
2022-09-09	$168.93	$165.00	41.4%	12.1%	39.8%	13.1%	42.7%	5.2%	0.3%	136.6M	-8.7M	-65.4M	0.93	1.74	216,484	201,082	2,048,286	1,118,187
2022-09-12	$168.61	$165.00	43.1%	12.4%	39.2%	14.2%	44.1%	5.7%	0.3%	69.4M	569.5M	-64.7M	0.80	1.41	192,736	154,192	1,979,705	1,067,959
2022-09-13	$152.85	$170.00	47.9%	13.7%	51.4%	17.3%	47.8%	6.8%	-0.0%	-54.0M	5.22B	-55.4M	0.95	1.93	333,665	318,578	2,013,820	1,109,388
2022-09-14	$151.65	$170.00	47.3%	13.5%	51.4%	16.9%	46.9%	6.0%	-0.3%	-79.5M	5.46B	-55.9M	1.60	2.67	335,608	536,020	2,086,892	1,179,239
2022-09-15	$149.69	$165.00	46.9%	13.4%	50.9%	16.6%	46.5%	6.1%	-0.1%	-87.8M	5.56B	-55.1M	0.78	2.69	292,331	229,023	2,153,402	1,192,509
2022-09-16	$145.71	$165.00	48.4%	13.8%	51.2%	17.6%	48.1%	6.2%	-0.2%	-193.0M	6.26B	-52.4M	0.97	1.36	312,949	303,372	2,188,518	1,199,690
2022-09-19	$147.96	$165.00	46.3%	13.3%	50.5%	16.3%	46.0%	6.4%	8.2%	-13.9M	3.34B	-53.5M	0.55	1.28	163,556	89,278	1,708,594	967,568
2022-09-20	$146.66	$165.00	48.3%	13.8%	49.6%	17.5%	47.5%	6.2%	8.9%	-7.0M	3.40B	-52.7M	0.68	1.33	123,191	83,367	1,748,078	986,169
2022-09-21	$142.74	$160.00	49.1%	14.1%	50.2%	18.0%	48.9%	6.0%	8.0%	-34.2M	4.08B	-51.2M	1.08	1.37	276,824	299,383	1,774,618	1,003,294
2022-09-22	$144.46	$160.00	49.7%	13.8%	49.9%	18.4%	48.5%	5.5%	9.0%	-27.4M	3.47B	-52.4M	0.58	1.16	362,539	210,354	1,822,552	1,016,698
2022-09-23	$140.38	$160.00	54.1%	14.6%	48.9%	21.2%	50.8%	5.9%	9.1%	-200.7M	3.98B	-51.2M	0.70	1.72	293,366	205,798	1,872,994	1,044,652
2022-09-26	$137.26	$160.00	61.0%	15.4%	47.8%	25.7%	53.3%	8.1%	-0.9%	-12.5M	3.72B	-49.0M	0.68	1.12	239,999	164,311	1,765,926	986,977
2022-09-27	$134.56	$160.00	61.9%	15.4%	48.0%	26.2%	54.0%	8.6%	-0.8%	-19.7M	4.03B	-47.5M	0.53	1.16	267,368	140,382	1,829,263	1,007,521
2022-09-28	$141.69	$160.00	60.6%	14.4%	52.3%	25.4%	49.8%	8.2%	-0.5%	38.7M	2.44B	-52.6M	1.28	1.20	279,999	357,519	1,876,052	1,019,010
2022-09-29	$136.34	$160.00	63.0%	15.2%	50.2%	27.0%	52.5%	9.0%	-0.7%	-17.9M	3.51B	-50.1M	0.89	1.34	263,827	236,064	1,906,150	1,045,073
2022-09-30	$136.46	$160.00	61.7%	14.7%	50.2%	26.1%	50.5%	8.7%	-0.4%	-19.5M	3.49B	-50.3M	0.92	1.12	254,645	233,629	1,947,241	1,062,597