META Options History — April 2023

In April 2023, META traded between $208.10 and $238.92. ATM implied volatility averaged 49.1%, placing in the 47.2% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded above realized volatility by 20.9% (HV 20d: 28.2%). Max pain ranged from $180.00 to $200.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.70.

Notable Days

  • 2023-04-27: Highest Volume — 1,170,829 contracts
  • 2023-04-27: Largest IV drop — 37.3% change
  • 2023-04-05: Highest IV Rank — 58.2%
  • 2023-04-26: Largest Expected Move — 16.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$217.10$208.10$238.92$213.21$238.22
Max Pain$185.00$180.00$200.00$190.00$200.00
ATM IV49.1%30.9%54.2%52.8%30.9%
Expected Move13.1%9.0%16.1%10.0%9.0%
HV 20d28.2%21.3%50.1%31.1%50.1%
HV 60d52.2%50.8%56.9%51.8%56.7%
IV Rank47.2%8.3%58.2%55.4%8.3%
IV Percentile57.7%2.8%73.0%70.6%2.8%
Term Structure-2.5%-3.3%-0.2%-2.4%-0.2%
VWIV46.5%31.9%56.9%35.7%31.9%
Skew 25d5.5%3.9%6.5%6.2%4.0%
Skew 10d10.7%7.9%12.1%11.9%8.2%
Call IV 25d46.4%29.4%51.1%49.9%29.4%
Put IV 25d51.9%33.4%57.2%56.1%33.4%
Bid-Ask Spread %1.931.482.492.001.83
Gamma HHI0.050.040.090.050.09
Net GEX256.4M115.7M553.3M266.6M187.1M
Net DEX-16.79B-24.43B-12.45B-16.33B-22.87B
Net VEX-86.9M-89.4M-85.0M-87.0M-89.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.560.830.830.62
Total Volume383,145.368163,6601,170,829260,569729,553
Total OI2,930,578.7372,734,9023,329,4042,775,7273,329,404

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-04-03$213.21$190.0052.8%10.0%31.1%55.4%35.7%6.2%-2.4%266.6M-16.33B-87.0M0.832.00142,019118,5501,701,3181,074,409
2023-04-04$213.79$190.0053.8%10.0%30.9%57.3%35.4%6.5%-2.9%277.1M-16.47B-87.9M0.662.00225,341148,9241,714,3911,098,268
2023-04-05$211.07$190.0054.2%10.0%31.6%58.2%35.3%6.1%-2.8%220.9M-15.27B-87.9M0.782.25133,362104,2261,735,7671,134,394
2023-04-06$216.44$180.0052.8%13.9%30.4%55.3%49.4%5.9%-2.9%306.5M-17.51B-87.9M0.572.49278,481157,9111,747,0231,145,275
2023-04-10$214.27$180.0053.4%14.3%30.3%56.5%51.0%6.3%-2.7%248.7M-16.14B-86.9M0.802.10116,11793,1701,709,2511,105,252
2023-04-11$213.88$180.0052.8%14.2%30.4%55.2%50.2%6.1%-2.8%240.9M-16.01B-86.2M0.651.64120,12678,3521,724,3931,128,088
2023-04-12$214.71$180.0051.8%14.0%25.7%53.2%48.9%6.0%-3.0%248.0M-16.27B-86.0M0.662.36166,491109,8201,735,0471,141,527
2023-04-13$219.94$180.0050.3%13.7%25.5%49.9%47.9%5.5%-2.9%365.6M-18.39B-86.3M0.661.94268,172177,5841,758,1951,156,889
2023-04-14$221.21$180.0049.3%13.6%23.8%47.8%48.4%5.5%-2.4%329.1M-18.92B-87.7M0.602.03342,848206,6831,782,7751,194,180
2023-04-17$219.29$180.0048.8%13.7%22.0%46.7%49.2%5.6%-2.2%269.7M-17.67B-86.8M0.562.07187,794105,7441,757,2321,130,294
2023-04-18$218.05$180.0048.2%13.7%22.1%45.5%48.4%5.3%-2.4%270.2M-17.16B-87.0M0.611.51111,00567,4761,809,0211,147,380
2023-04-19$215.82$180.0049.0%14.0%21.3%47.1%49.1%5.2%-3.1%223.6M-16.25B-86.1M0.741.96182,892136,2231,822,9581,159,064
2023-04-20$213.31$185.0049.3%14.3%21.9%47.7%51.0%5.3%-2.8%180.8M-15.14B-86.8M0.682.06175,703119,9841,853,1251,181,811
2023-04-21$212.27$185.0049.5%14.5%21.9%48.2%51.9%5.0%-3.0%115.7M-14.80B-86.1M0.661.69208,341138,2641,896,9321,211,979
2023-04-24$212.82$185.0049.0%14.9%21.8%47.2%52.9%4.9%-2.9%200.0M-13.82B-85.0M0.791.48115,94391,0251,702,1161,032,786
2023-04-25$208.10$190.0051.2%15.8%22.7%51.9%55.3%6.2%-2.7%176.5M-12.45B-85.6M0.811.8090,45373,2071,741,4991,081,302
2023-04-26$209.66$190.0052.1%16.1%21.9%53.9%56.9%5.6%-3.3%190.8M-13.04B-86.6M0.761.81333,307253,8421,775,5211,107,544
2023-04-27$238.92$190.0032.7%9.5%50.0%12.2%34.4%3.9%-0.4%553.3M-24.43B-87.3M0.821.72642,442528,3871,927,6981,226,888
2023-04-28$238.22$200.0030.9%9.0%50.1%8.3%31.9%4.0%-0.2%187.1M-22.87B-89.4M0.621.83450,492279,0611,962,4981,366,906