META Options History — December 2024

In December 2024, META traded between $588.25 and $634.12. ATM implied volatility averaged 30.0%, placing in the 19.0% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 2.7% (HV 20d: 27.3%). Max pain ranged from $380.00 to $550.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.56.

Notable Days

2024-12-06: Highest Volume — 659,308 contracts
2024-12-30: Largest IV spike — 14.1% change
2024-12-31: Highest IV Rank — 53.5%
2024-12-19: Largest Expected Move — 10.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$609.32	$588.25	$634.12	$592.41	$588.25
Max Pain	$417.14	$380.00	$550.00	$545.00	$400.00
ATM IV	30.0%	26.0%	39.5%	26.2%	39.5%
Expected Move	8.4%	7.8%	10.0%	7.9%	8.5%
HV 20d	27.3%	23.4%	28.4%	27.2%	26.0%
HV 60d	25.2%	24.1%	25.8%	24.1%	25.4%
IV Rank	19.0%	4.5%	53.5%	4.9%	53.5%
IV Percentile	33.5%	4.4%	63.5%	6.3%	63.5%
Term Structure	2.6%	-0.7%	11.2%	0.6%	2.8%
VWIV	29.8%	27.8%	35.5%	28.0%	30.2%
Skew 25d	0.8%	-0.4%	3.3%	0.1%	1.9%
Skew 10d	2.6%	0.2%	7.1%	0.7%	4.6%
Call IV 25d	29.9%	26.3%	40.9%	26.4%	40.1%
Put IV 25d	30.7%	26.4%	42.8%	26.5%	42.0%
Bid-Ask Spread %	4.22	1.84	10.94	2.34	3.63
Gamma HHI	0.06	0.04	0.12	0.08	0.05
Net GEX	759.6M	326.5M	1.36B	834.3M	370.8M
Net DEX	-39.49B	-50.33B	-29.54B	-37.90B	-29.54B
Net VEX	-136.8M	-140.3M	-130.0M	-136.0M	-130.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.56	0.40	0.84	0.46	0.48
Total Volume	298,315.381	125,218	659,308	396,051	142,827
Total OI	2,176,593.095	1,998,618	2,311,195	2,089,785	2,041,964

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
2024-12-02	$592.41	$545.00	26.2%	7.9%	27.2%	4.9%	28.0%	0.1%	0.6%	834.3M	-37.90B	-136.0M	0.46	2.34	270,595	125,456	1,219,683	870,102
2024-12-03	$611.05	$550.00	27.2%	8.5%	28.4%	8.7%	29.9%	-0.1%	0.3%	1.05B	-44.81B	-135.4M	0.41	9.31	397,517	161,768	1,266,330	894,180
2024-12-04	$613.93	$550.00	26.0%	8.0%	27.8%	4.5%	28.5%	0.0%	0.7%	1.09B	-45.28B	-136.2M	0.55	1.84	291,762	161,429	1,295,154	923,334
2024-12-05	$608.71	$380.00	26.1%	7.8%	28.0%	4.6%	27.8%	0.1%	0.7%	986.3M	-42.63B	-139.1M	0.67	3.07	149,279	100,160	1,309,144	942,789
2024-12-06	$623.68	$380.00	26.4%	7.9%	26.1%	5.7%	27.9%	-0.4%	0.6%	1.36B	-48.65B	-138.1M	0.45	3.13	454,786	204,522	1,317,157	955,959
2024-12-09	$611.68	$390.00	27.2%	8.0%	27.1%	8.9%	28.6%	-0.1%	0.7%	759.9M	-40.90B	-137.9M	0.61	2.82	170,563	104,041	1,257,620	910,693
2024-12-10	$618.19	$390.00	27.7%	8.1%	26.9%	10.3%	29.0%	-0.1%	0.6%	890.0M	-44.03B	-137.5M	0.43	3.52	170,810	72,734	1,298,399	932,200
2024-12-11	$634.12	$390.00	27.5%	8.1%	28.0%	9.7%	28.6%	-0.3%	0.7%	1.17B	-50.33B	-138.5M	0.50	3.07	247,026	122,541	1,322,803	947,826
2024-12-12	$632.19	$390.00	26.8%	7.9%	27.8%	7.4%	27.9%	-0.2%	0.6%	1.11B	-48.83B	-138.5M	0.54	3.10	152,123	82,155	1,324,965	963,659
2024-12-13	$621.08	$395.00	27.5%	8.0%	28.3%	9.9%	28.8%	-0.1%	0.8%	882.2M	-44.00B	-140.3M	0.66	5.56	201,671	133,174	1,340,620	970,575
2024-12-16	$628.65	$400.00	28.8%	8.3%	23.4%	14.5%	29.4%	-0.2%	0.1%	888.2M	-44.95B	-138.6M	0.44	3.13	146,805	64,434	1,255,371	917,274
2024-12-17	$618.97	$400.00	29.9%	8.6%	24.7%	18.6%	30.4%	-0.0%	-0.1%	813.6M	-41.85B	-139.9M	0.45	3.13	152,737	69,302	1,280,152	930,726
2024-12-18	$599.64	$400.00	34.1%	9.8%	28.0%	33.8%	34.2%	1.3%	-0.7%	479.0M	-34.53B	-138.5M	0.60	10.94	187,585	113,283	1,292,149	946,357
2024-12-19	$600.17	$400.00	34.8%	10.0%	27.9%	36.4%	35.5%	3.3%	-0.3%	480.5M	-34.80B	-140.2M	0.84	6.98	155,890	131,698	1,312,930	952,765
2024-12-20	$594.62	$400.00	31.6%	9.0%	28.2%	24.7%	32.0%	3.1%	0.2%	338.8M	-32.73B	-136.1M	0.72	6.55	200,161	144,815	1,325,021	974,022
2024-12-23	$599.19	$400.00	30.3%	8.6%	28.0%	19.8%	30.2%	2.5%	10.2%	443.2M	-32.38B	-133.7M	0.56	3.37	142,270	79,452	1,169,836	828,782
2024-12-24	$605.52	$400.00	28.4%	8.0%	28.1%	13.2%	28.2%	1.5%	11.1%	622.7M	-34.63B	-135.7M	0.40	3.33	89,131	36,087	1,197,398	849,493
2024-12-26	$604.92	$400.00	31.4%	8.3%	27.5%	23.8%	29.7%	1.4%	10.9%	624.2M	-34.33B	-134.5M	0.53	3.19	127,222	68,032	1,214,363	853,683
2024-12-27	$595.63	$400.00	34.2%	8.6%	28.0%	34.2%	30.7%	2.0%	11.2%	326.5M	-31.31B	-135.8M	0.71	3.60	163,299	115,672	1,236,907	864,366
2024-12-30	$593.16	$400.00	39.1%	8.8%	27.9%	51.7%	31.1%	1.8%	2.7%	421.6M	-30.89B	-133.0M	0.66	3.03	96,369	63,440	1,166,564	835,140
2024-12-31	$588.25	$400.00	39.5%	8.5%	26.0%	53.5%	30.2%	1.9%	2.8%	370.8M	-29.54B	-130.0M	0.48	3.63	96,512	46,315	1,188,085	853,879