META Options History — February 2024

In February 2024, META traded between $395.76 and $488.78. ATM implied volatility averaged 28.7%, placing in the 16.0% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded below realized volatility by 38.7% (HV 20d: 67.4%). Max pain ranged from $350.00 to $400.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.51.

Notable Days

  • 2024-02-02: Highest Volume — 1,905,676 contracts
  • 2024-02-02: Largest IV drop — 24.1% change
  • 2024-02-01: Highest IV Rank — 41.8%
  • 2024-02-01: Largest Expected Move — 10.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$470.25$395.76$488.78$395.76$488.78
Max Pain$380.50$350.00$400.00$350.00$400.00
ATM IV28.7%26.2%38.8%38.8%27.6%
Expected Move8.2%7.6%10.3%10.3%7.9%
HV 20d67.4%22.5%72.0%22.5%70.8%
HV 60d43.2%22.3%45.4%22.3%44.7%
IV Rank16.0%8.0%41.8%41.8%12.6%
IV Percentile16.6%5.2%50.8%50.8%13.9%
Term Structure-0.1%-2.0%0.5%-2.0%-0.2%
VWIV29.3%27.5%36.6%36.6%28.1%
Skew 25d0.3%-0.7%1.8%1.8%0.2%
Skew 10d1.0%-1.1%4.1%4.1%1.0%
Call IV 25d29.1%27.0%38.1%38.1%28.0%
Put IV 25d29.4%26.4%40.0%40.0%28.2%
Bid-Ask Spread %2.181.743.053.051.86
Gamma HHI0.070.040.100.040.09
Net GEX558.5M329.4M1.00B342.0M757.6M
Net DEX-40.38B-50.14B-26.26B-26.26B-41.18B
Net VEX-145.1M-163.3M-110.1M-118.9M-163.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.280.890.890.44
Total Volume564,366.1232,6911,905,676404,886367,512
Total OI2,634,252.152,274,1532,952,6052,274,1532,626,615

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-02-01$395.76$350.0038.8%10.3%22.5%41.8%36.6%1.8%-2.0%342.0M-26.26B-118.9M0.893.05213,666191,2201,268,4941,005,659
2024-02-02$475.33$350.0029.4%8.4%66.5%18.8%30.0%-0.0%-0.3%427.9M-50.14B-110.1M0.662.371,148,977756,6991,335,3521,082,970
2024-02-05$462.67$360.0028.8%8.2%68.2%16.5%29.4%-0.3%-0.0%358.0M-39.87B-119.3M0.492.32459,306227,1591,337,8151,116,450
2024-02-06$455.12$365.0026.8%7.8%69.0%10.0%27.7%0.1%0.3%376.4M-37.55B-122.6M0.481.74292,941140,0971,447,0281,158,757
2024-02-07$468.11$365.0026.9%7.8%68.9%10.5%28.0%-0.4%0.3%700.6M-43.01B-125.5M0.382.12502,327192,4831,492,7021,188,298
2024-02-08$469.86$370.0027.0%7.8%68.5%10.7%27.9%-0.7%0.3%750.8M-43.64B-134.1M0.282.32437,709123,3921,557,5361,215,650
2024-02-09$468.13$370.0026.2%7.6%68.5%8.0%27.5%-0.6%0.5%629.5M-42.82B-145.8M0.352.60435,345154,4171,645,6331,233,416
2024-02-12$469.02$375.0027.2%7.8%68.6%11.6%27.9%-0.1%0.2%527.3M-42.32B-146.6M0.342.86436,964149,1201,544,8671,161,136
2024-02-13$459.65$380.0028.0%8.0%68.9%14.1%28.7%0.6%0.0%329.4M-38.27B-148.1M0.542.25276,001148,9691,598,1091,195,252
2024-02-14$472.85$380.0027.0%7.7%68.9%10.8%27.7%0.6%0.2%654.5M-43.89B-151.8M0.422.09281,580117,7471,625,4401,227,415
2024-02-15$484.54$385.0028.5%8.2%68.9%15.6%29.3%-0.1%0.1%1.00B-49.03B-151.7M0.392.70639,136247,9501,644,4941,241,331
2024-02-16$473.16$385.0028.7%8.2%70.0%16.2%29.4%0.6%0.2%447.4M-42.89B-156.6M0.431.89447,579193,5391,676,4581,276,147
2024-02-20$470.55$390.0029.8%8.6%70.1%20.1%30.5%1.0%-0.3%445.4M-34.99B-155.8M0.421.97277,813117,8401,439,1871,039,061
2024-02-21$466.84$390.0029.9%8.6%70.4%20.2%30.3%1.3%-0.2%408.6M-33.21B-156.2M0.731.85171,419125,9011,456,0341,066,144
2024-02-22$488.33$395.0029.5%8.5%71.5%19.0%30.3%0.4%-0.1%850.9M-42.42B-159.0M0.531.85389,784206,9291,475,6781,089,725
2024-02-23$484.21$400.0028.4%8.0%71.8%15.4%28.3%0.8%-0.1%591.0M-39.75B-160.2M0.481.99400,500192,5601,492,1641,123,468
2024-02-26$482.59$400.0028.8%8.3%71.9%16.6%29.6%0.6%-0.4%501.8M-38.02B-158.5M0.871.85124,513108,1781,416,7021,066,731
2024-02-27$486.19$400.0028.6%8.2%71.9%16.1%29.1%0.4%-0.3%563.0M-39.61B-158.9M0.631.98143,82090,1021,446,7611,094,763
2024-02-28$483.25$400.0028.4%8.2%72.0%15.3%29.5%0.1%-0.3%505.6M-38.61B-159.6M0.381.93258,98397,1451,468,6541,106,947
2024-02-29$488.78$400.0027.6%7.9%70.8%12.6%28.1%0.2%-0.2%757.6M-41.18B-163.3M0.441.86255,363112,1491,503,8961,122,719