META Options History — August 2024

In August 2024, META traded between $474.73 and $537.92. ATM implied volatility averaged 31.8%, placing in the 27.5% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded below realized volatility by 7.5% (HV 20d: 39.3%). Max pain ranged from $450.00 to $470.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.67.

Notable Days

2024-08-01: Highest Volume — 1,012,370 contracts
2024-08-06: Largest IV drop — 18.7% change
2024-08-05: Highest IV Rank — 79.1%
2024-08-05: Largest Expected Move — 12.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$515.68	$474.73	$537.92	$495.88	$519.02
Max Pain	$459.09	$450.00	$470.00	$470.00	$470.00
ATM IV	31.8%	26.9%	46.9%	36.6%	26.9%
Expected Move	9.1%	7.3%	12.8%	11.1%	7.3%
HV 20d	39.3%	27.5%	48.3%	48.3%	27.5%
HV 60d	34.6%	32.5%	35.3%	32.5%	33.6%
IV Rank	27.5%	10.7%	79.1%	44.0%	10.7%
IV Percentile	40.5%	13.1%	78.2%	61.5%	13.1%
Term Structure	-0.0%	-1.6%	1.0%	-1.1%	0.5%
VWIV	32.5%	26.1%	47.2%	38.8%	26.1%
Skew 25d	3.7%	1.8%	10.2%	2.1%	2.6%
Skew 10d	8.9%	4.1%	22.1%	4.6%	5.4%
Call IV 25d	30.3%	25.9%	41.5%	35.9%	25.9%
Put IV 25d	34.0%	28.4%	51.7%	38.0%	28.5%
Bid-Ask Spread %	5.14	2.59	23.23	6.35	2.69
Gamma HHI	0.06	0.04	0.17	0.07	0.04
Net GEX	499.0M	186.9M	950.4M	526.4M	328.4M
Net DEX	-27.88B	-37.84B	-17.48B	-26.30B	-25.79B
Net VEX	-154.0M	-160.2M	-147.7M	-152.2M	-147.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.67	0.45	0.85	0.76	0.76
Total Volume	355,741.818	160,359	1,012,370	1,012,370	237,020
Total OI	2,203,101.5	2,031,305	2,371,587	2,293,979	2,187,454

Daily Data (22 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
2024-08-01	$495.88	$470.00	36.6%	11.1%	48.3%	44.0%	38.8%	2.1%	-1.1%	526.4M	-26.30B	-152.2M	0.76	6.35	574,927	437,443	1,336,152	957,827
2024-08-02	$485.96	$470.00	40.0%	11.9%	43.7%	55.4%	41.4%	4.4%	-1.3%	234.6M	-20.97B	-157.2M	0.72	4.24	278,055	199,462	1,373,207	998,380
2024-08-05	$474.73	$450.00	46.9%	12.8%	43.8%	79.1%	47.2%	10.2%	-1.6%	186.9M	-17.48B	-157.4M	0.83	23.23	145,344	120,254	1,247,559	886,474
2024-08-06	$497.80	$450.00	38.2%	10.8%	47.6%	49.2%	39.1%	7.1%	-0.4%	451.4M	-24.72B	-158.8M	0.73	6.31	221,413	161,775	1,276,683	902,043
2024-08-07	$493.52	$450.00	38.4%	10.9%	47.5%	50.0%	38.7%	6.7%	-0.5%	393.2M	-23.06B	-160.2M	0.68	6.83	212,544	144,372	1,310,796	933,151
2024-08-08	$509.06	$450.00	35.7%	10.3%	47.1%	40.9%	37.2%	5.9%	-0.7%	673.0M	-28.91B	-157.6M	0.70	8.80	204,066	143,240	1,325,763	951,987
2024-08-09	$514.86	$450.00	33.1%	9.6%	46.2%	31.9%	34.3%	5.5%	0.1%	940.6M	-31.16B	-156.9M	0.73	5.94	241,747	175,821	1,344,924	970,436
2024-08-12	$515.03	$450.00	32.5%	9.4%	46.1%	30.1%	33.7%	4.9%	0.1%	551.6M	-29.09B	-153.1M	0.78	5.21	107,649	83,834	1,269,283	914,334
2024-08-13	$527.74	$450.00	29.5%	8.6%	46.3%	19.6%	31.0%	4.0%	0.5%	707.5M	-33.39B	-155.3M	0.63	3.73	200,584	127,242	1,283,929	930,992
2024-08-14	$525.05	$450.00	28.5%	8.3%	39.6%	16.4%	29.7%	3.7%	0.3%	714.1M	-32.51B	-153.3M	0.64	3.63	198,593	126,594	1,310,462	948,854
2024-08-15	$537.92	$455.00	26.9%	7.8%	38.5%	10.8%	28.6%	2.2%	0.5%	950.4M	-37.84B	-153.4M	0.67	3.71	239,589	160,551	1,333,768	967,310
2024-08-16	$528.45	$455.00	27.1%	7.8%	39.4%	11.5%	27.9%	2.2%	0.4%	560.2M	-33.52B	-154.4M	0.57	3.73	265,744	152,733	1,347,824	991,124
2024-08-19	$526.78	$460.00	27.2%	7.8%	38.6%	11.9%	27.7%	1.8%	0.4%	464.7M	-28.69B	-149.4M	0.53	3.06	139,315	73,441	1,170,705	860,600
2024-08-20	$526.76	$460.00	27.7%	7.9%	38.5%	13.5%	28.7%	1.9%	0.6%	511.4M	-28.59B	-151.7M	0.61	2.72	114,270	69,806	1,204,731	879,879
2024-08-21	$533.02	$460.00	28.6%	8.2%	33.2%	16.8%	29.4%	1.8%	0.4%	633.1M	-30.73B	-156.1M	0.51	3.57	275,632	141,538	1,220,696	896,969
2024-08-22	$529.36	$460.00	30.0%	8.6%	32.5%	21.6%	30.4%	2.4%	0.4%	497.2M	-29.31B	-157.1M	0.45	3.54	324,264	146,323	1,241,451	913,997
2024-08-23	$527.04	$465.00	28.6%	8.1%	32.5%	16.7%	28.5%	2.3%	1.0%	384.5M	-28.20B	-155.4M	0.53	3.65	303,048	161,596	1,271,854	932,357
2024-08-26	$519.75	$465.00	29.4%	8.3%	33.2%	19.3%	29.2%	2.4%	0.1%	327.0M	-25.85B	-150.8M	0.73	2.98	149,330	109,106	1,203,698	886,811
2024-08-27	$519.87	$470.00	29.0%	8.2%	32.9%	18.0%	29.0%	2.2%	0.2%	334.0M	-25.97B	-151.3M	0.79	2.59	89,474	70,885	1,225,785	913,353
2024-08-28	$518.55	$470.00	30.0%	8.5%	32.4%	21.5%	29.6%	2.8%	0.1%	297.1M	-25.46B	-151.0M	0.85	2.80	123,440	104,949	1,235,098	928,785
2024-08-29	$518.72	$470.00	28.6%	8.0%	28.7%	16.5%	28.1%	2.6%	0.1%	311.6M	-25.91B	-148.0M	0.58	3.75	169,993	99,314	1,248,802	931,946
2024-08-30	$519.02	$470.00	26.9%	7.3%	27.5%	10.7%	26.1%	2.6%	0.5%	328.4M	-25.79B	-147.7M	0.76	2.69	134,530	102,490	1,252,336	935,118