META Options History — March 2024

In March 2024, META traded between $484.30 and $513.63. ATM implied volatility averaged 34.2%, placing in the 34.4% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded below realized volatility by 0.5% (HV 20d: 34.7%). Max pain ranged from $400.00 to $465.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.58.

Notable Days

  • 2024-03-07: Highest Volume — 697,431 contracts
  • 2024-03-25: Largest IV spike — 26.3% change
  • 2024-03-27: Highest IV Rank — 81.1%
  • 2024-03-11: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$498.01$484.30$513.63$502.64$488.47
Max Pain$448.75$400.00$465.00$400.00$465.00
ATM IV34.2%27.9%48.4%27.9%47.7%
Expected Move8.5%7.7%9.5%7.9%7.7%
HV 20d34.7%29.9%71.1%71.1%31.6%
HV 60d46.0%44.7%46.9%44.7%46.4%
IV Rank34.4%13.6%81.1%13.6%78.6%
IV Percentile42.7%15.5%81.3%15.5%78.6%
Term Structure4.4%-0.7%19.1%-0.4%-0.3%
VWIV30.3%27.1%33.5%28.2%27.1%
Skew 25d0.2%-0.4%0.7%-0.0%0.4%
Skew 10d0.7%-0.7%1.4%0.3%0.8%
Call IV 25d34.3%27.6%49.2%28.5%47.8%
Put IV 25d34.4%27.8%49.6%28.5%48.2%
Bid-Ask Spread %3.611.947.971.943.07
Gamma HHI0.060.030.150.150.05
Net GEX477.1M83.4M930.9M930.9M83.4M
Net DEX-38.94B-47.67B-31.55B-46.95B-31.55B
Net VEX-163.4M-166.6M-158.1M-161.6M-158.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.580.340.770.510.61
Total Volume369,955.25215,457697,431678,350326,085
Total OI2,533,057.252,314,4522,787,9442,637,0092,469,323

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-03-01$502.64$400.0027.9%7.9%71.1%13.6%28.2%-0.0%-0.4%930.9M-46.95B-161.6M0.511.94449,905228,4451,504,1541,132,855
2024-03-04$499.00$430.0028.7%8.3%31.2%16.5%29.3%0.2%0.2%564.8M-42.26B-162.5M0.592.96177,186103,7791,430,2731,086,036
2024-03-05$488.93$435.0030.3%8.7%30.4%21.7%30.8%0.3%0.1%424.6M-38.69B-165.5M0.743.50150,944111,0701,448,2831,110,893
2024-03-06$496.71$440.0029.0%8.4%29.9%17.5%29.7%0.3%0.1%579.9M-41.61B-164.9M0.592.38163,28996,4401,466,7101,132,214
2024-03-07$513.63$440.0030.7%8.8%30.5%22.8%31.3%-0.1%0.0%779.3M-47.67B-166.4M0.454.29482,539214,8921,471,2721,143,824
2024-03-08$505.54$440.0031.9%9.1%31.4%26.7%32.3%-0.1%0.1%545.4M-43.93B-166.6M0.617.97412,319251,6591,509,3051,169,269
2024-03-11$484.70$440.0033.6%9.5%35.3%32.5%33.5%0.2%-0.4%314.7M-35.63B-164.4M0.515.14334,031169,8341,440,5221,105,611
2024-03-12$500.00$450.0032.7%9.3%36.8%29.3%32.9%-0.3%-0.3%638.0M-42.14B-166.0M0.393.84338,410131,1111,519,4251,142,236
2024-03-13$495.25$455.0032.6%9.3%36.1%29.0%32.8%-0.4%-0.1%565.2M-40.14B-165.4M0.464.59233,968106,4591,540,3361,164,118
2024-03-14$490.83$460.0031.7%9.1%35.1%26.3%32.6%0.1%-0.1%441.9M-38.04B-164.2M0.594.33214,904126,4161,562,6001,188,840
2024-03-15$484.30$450.0031.5%9.0%34.5%25.5%32.0%0.5%0.1%95.5M-35.27B-165.3M0.772.78203,105156,1951,577,4551,210,489
2024-03-18$496.29$450.0030.4%8.7%34.3%21.9%31.0%0.7%16.7%355.4M-35.45B-163.3M0.694.53146,323100,8291,328,957985,495
2024-03-19$494.66$460.0029.6%8.5%34.2%19.3%30.2%0.4%16.9%377.3M-34.98B-162.4M0.653.21131,37885,5431,357,1371,016,993
2024-03-20$505.57$460.0028.9%8.3%34.7%17.1%29.7%0.1%18.6%575.7M-38.82B-162.1M0.544.14221,205118,5141,368,3241,029,527
2024-03-21$508.08$460.0032.1%8.1%31.1%27.6%28.8%0.2%18.5%623.1M-39.73B-161.1M0.592.51193,027114,6911,390,6301,046,767
2024-03-22$509.13$460.0034.9%7.9%30.9%36.8%28.0%0.1%19.1%719.1M-39.79B-164.0M0.682.82136,33592,8121,401,7761,065,140
2024-03-25$504.52$460.0044.1%8.0%31.1%66.9%28.4%0.3%-0.6%404.5M-37.44B-160.8M0.662.45129,47485,9831,325,8961,003,592
2024-03-26$497.88$460.0047.0%8.1%31.5%76.4%28.5%0.4%-0.7%309.7M-35.31B-160.4M0.343.14275,70693,3971,357,7971,031,524
2024-03-27$493.99$460.0048.4%7.9%31.5%81.1%28.2%0.4%-0.5%213.6M-33.47B-162.8M0.682.57173,238117,6651,380,9771,044,570
2024-03-28$488.47$465.0047.7%7.7%31.6%78.6%27.1%0.4%-0.3%83.4M-31.55B-158.1M0.613.07202,755123,3301,405,8281,063,495