META Options History — June 2023

In June 2023, META traded between $263.86 and $287.10. ATM implied volatility averaged 34.2%, placing in the 11.9% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 10.7% (HV 20d: 23.5%). Max pain ranged from $190.00 to $245.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.67.

Notable Days

2023-06-16: Highest Volume — 584,462 contracts
2023-06-26: Largest IV spike — 21.6% change
2023-06-29: Highest IV Rank — 40.3%
2023-06-01: Largest Expected Move — 9.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$277.09	$263.86	$287.10	$271.42	$286.86
Max Pain	$232.62	$190.00	$245.00	$190.00	$245.00
ATM IV	34.2%	28.7%	46.8%	32.0%	45.3%
Expected Move	8.8%	8.2%	9.4%	9.4%	8.2%
HV 20d	23.5%	19.4%	27.0%	20.6%	25.9%
HV 60d	34.6%	33.7%	36.1%	36.0%	34.8%
IV Rank	11.9%	0.0%	40.3%	4.9%	37.0%
IV Percentile	15.2%	0.0%	53.6%	6.7%	46.4%
Term Structure	2.4%	-1.5%	14.2%	-0.6%	-1.4%
VWIV	31.3%	29.4%	33.9%	33.9%	29.4%
Skew 25d	1.5%	0.4%	2.3%	2.1%	0.8%
Skew 10d	3.1%	1.0%	5.2%	5.0%	1.7%
Call IV 25d	33.9%	28.0%	46.9%	31.6%	45.8%
Put IV 25d	35.4%	30.0%	48.9%	33.7%	46.6%
Bid-Ask Spread %	1.71	1.32	2.21	1.33	1.32
Gamma HHI	0.06	0.04	0.11	0.06	0.06
Net GEX	366.7M	230.5M	516.3M	470.6M	411.9M
Net DEX	-27.52B	-33.58B	-23.60B	-29.32B	-26.84B
Net VEX	-100.9M	-102.4M	-99.7M	-100.7M	-101.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.67	0.49	1.26	0.57	0.61
Total Volume	327,707.143	172,847	584,462	568,857	352,618
Total OI	3,000,411.286	2,602,750	3,300,907	3,078,871	2,864,615

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
2023-06-01	$271.42	$190.00	32.0%	9.4%	20.6%	4.9%	33.9%	2.1%	-0.6%	470.6M	-29.32B	-100.7M	0.57	1.33	361,450	207,407	1,814,067	1,264,804
2023-06-02	$272.76	$190.00	30.3%	8.9%	19.4%	1.2%	31.8%	2.0%	-0.5%	516.3M	-30.07B	-101.4M	0.56	1.41	264,273	148,099	1,860,652	1,328,732
2023-06-05	$272.17	$230.00	30.1%	8.8%	19.5%	0.7%	31.5%	2.1%	0.5%	351.7M	-28.85B	-100.4M	0.93	1.62	166,255	154,508	1,808,944	1,275,576
2023-06-06	$271.58	$230.00	28.7%	8.5%	19.7%	0.0%	30.0%	2.1%	0.5%	342.3M	-28.55B	-100.5M	0.93	1.60	181,029	168,986	1,842,828	1,313,293
2023-06-07	$263.86	$230.00	29.1%	8.5%	23.5%	0.9%	30.4%	2.3%	0.4%	246.2M	-25.25B	-100.1M	1.26	2.14	92,163	116,136	1,864,181	1,326,360
2023-06-08	$265.08	$230.00	29.0%	8.5%	23.4%	0.8%	30.6%	1.8%	0.3%	268.6M	-25.74B	-101.1M	0.97	1.88	87,734	85,113	1,880,559	1,351,568
2023-06-09	$264.98	$230.00	28.7%	8.4%	23.4%	0.2%	29.7%	1.2%	0.3%	230.5M	-25.85B	-100.9M	0.63	1.95	134,895	85,101	1,909,296	1,368,340
2023-06-12	$270.91	$230.00	29.2%	8.5%	23.1%	1.1%	30.3%	1.5%	0.4%	340.7M	-28.34B	-100.1M	0.65	1.58	138,331	89,279	1,835,515	1,322,525
2023-06-13	$271.06	$230.00	29.7%	8.6%	22.5%	2.3%	30.3%	1.5%	0.2%	346.0M	-28.38B	-100.1M	0.66	1.73	146,948	97,071	1,857,834	1,341,746
2023-06-14	$272.02	$235.00	29.8%	8.6%	22.3%	2.4%	31.0%	1.2%	0.2%	384.3M	-28.73B	-100.0M	0.62	2.21	134,421	83,584	1,871,886	1,356,495
2023-06-15	$282.06	$235.00	30.6%	8.8%	24.6%	4.4%	31.6%	0.4%	0.0%	488.7M	-33.03B	-99.9M	0.54	1.88	307,713	165,319	1,888,371	1,365,404
2023-06-16	$283.43	$235.00	30.3%	8.7%	24.3%	3.6%	30.9%	0.4%	-0.0%	448.6M	-33.58B	-100.5M	0.49	2.05	391,434	193,028	1,907,247	1,393,660
2023-06-20	$284.40	$240.00	31.8%	9.1%	23.8%	6.9%	32.6%	1.1%	13.3%	335.0M	-26.01B	-99.7M	0.59	1.72	174,593	103,409	1,555,590	1,047,160
2023-06-21	$281.79	$240.00	31.3%	9.0%	24.3%	5.8%	32.0%	1.2%	13.7%	331.3M	-25.10B	-101.4M	0.59	1.64	157,751	92,378	1,590,805	1,077,980
2023-06-22	$284.46	$240.00	33.4%	8.8%	24.0%	10.5%	31.3%	1.1%	14.2%	405.4M	-26.26B	-101.5M	0.50	1.74	196,815	97,745	1,615,387	1,090,276
2023-06-23	$286.90	$245.00	36.3%	8.9%	24.0%	16.9%	31.8%	1.2%	14.2%	494.0M	-27.19B	-102.0M	0.52	1.82	355,081	185,601	1,633,184	1,107,620
2023-06-26	$279.05	$245.00	44.1%	9.3%	26.6%	34.4%	33.5%	2.1%	-1.5%	274.9M	-23.60B	-102.2M	0.64	1.83	203,784	130,130	1,590,950	1,086,938
2023-06-27	$287.10	$245.00	45.2%	9.0%	25.9%	36.7%	32.0%	1.9%	-1.2%	379.3M	-26.77B	-102.4M	0.60	1.41	214,159	128,406	1,635,458	1,115,412
2023-06-28	$285.63	$245.00	46.5%	8.8%	26.1%	39.5%	31.3%	1.5%	-1.2%	351.4M	-26.08B	-102.3M	0.71	1.40	142,130	101,451	1,661,923	1,145,427
2023-06-29	$281.28	$245.00	46.8%	8.8%	27.0%	40.3%	31.1%	1.2%	-1.5%	282.1M	-24.27B	-101.6M	0.53	1.59	160,581	84,941	1,684,022	1,156,007
2023-06-30	$286.86	$245.00	45.3%	8.2%	25.9%	37.0%	29.4%	0.8%	-1.4%	411.9M	-26.84B	-101.1M	0.61	1.32	218,360	134,258	1,698,042	1,166,573