META Options History — January 2025

In January 2025, META traded between $591.52 and $688.75. ATM implied volatility averaged 42.7%, placing in the 64.9% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded above realized volatility by 14.8% (HV 20d: 27.9%). Max pain ranged from $400.00 to $605.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.55.

Notable Days

  • 2025-01-30: Highest Volume — 983,444 contracts
  • 2025-01-30: Largest IV drop — 32.3% change
  • 2025-01-13: Highest IV Rank — 80.1%
  • 2025-01-29: Largest Expected Move — 13.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$631.04$591.52$688.75$596.92$688.00
Max Pain$571.50$400.00$605.00$400.00$605.00
ATM IV42.7%29.6%46.9%42.4%29.6%
Expected Move11.6%8.2%13.8%9.0%8.4%
HV 20d27.9%23.9%30.9%23.9%28.9%
HV 60d27.6%25.3%28.8%25.4%27.5%
IV Rank64.9%17.5%80.1%63.9%17.5%
IV Percentile70.7%38.9%84.1%72.2%38.9%
Term Structure-1.7%-3.1%2.9%2.7%0.2%
VWIV40.7%29.1%48.3%31.3%29.8%
Skew 25d1.2%0.4%2.0%2.0%1.7%
Skew 10d2.7%1.0%4.3%4.3%4.2%
Call IV 25d42.1%29.1%46.5%41.1%29.1%
Put IV 25d43.3%30.8%47.9%43.1%30.8%
Bid-Ask Spread %3.722.117.922.634.33
Gamma HHI0.050.030.130.050.05
Net GEX727.9M366.4M1.13B560.2M830.1M
Net DEX-33.86B-41.73B-21.67B-32.56B-36.82B
Net VEX-139.9M-156.8M-131.3M-131.3M-156.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.420.720.540.68
Total Volume471,417.15231,477983,444325,539752,227
Total OI1,955,185.651,540,3812,324,3802,067,0522,003,983

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-01-02$596.92$400.0042.4%9.0%23.9%63.9%31.3%2.0%2.7%560.2M-32.56B-131.3M0.542.63212,066113,4731,203,567863,485
2025-01-03$603.42$400.0041.4%8.2%24.2%60.3%29.1%1.7%2.9%1.13B-35.17B-132.5M0.482.11282,084136,3191,239,942879,264
2025-01-06$626.84$580.0043.7%11.6%27.7%68.5%41.0%1.7%-2.3%828.5M-41.73B-134.6M0.423.55285,066119,7941,186,793853,330
2025-01-07$615.82$580.0045.0%11.8%27.1%73.4%41.3%1.8%-2.4%771.6M-38.29B-133.5M0.544.48239,066128,7951,229,671876,009
2025-01-08$609.64$580.0046.8%12.0%26.4%79.8%42.3%1.3%-2.7%604.6M-35.87B-135.0M0.603.50162,30796,5931,240,302894,321
2025-01-10$614.17$580.0046.6%12.2%26.3%79.1%42.8%1.4%-2.6%685.0M-37.58B-138.9M0.544.62530,067283,9771,262,202910,290
2025-01-13$606.87$580.0046.9%12.4%24.7%80.1%43.6%1.5%-2.6%557.3M-34.48B-136.3M0.563.44185,666103,3041,230,422887,840
2025-01-14$591.52$580.0046.6%12.4%26.1%79.2%43.3%1.5%-2.8%366.4M-29.76B-132.1M0.623.21260,786162,2351,264,866911,962
2025-01-15$619.63$590.0044.6%12.0%30.9%72.0%42.0%1.1%-2.8%930.6M-39.76B-136.5M0.493.08309,807152,0241,293,822946,787
2025-01-16$613.97$590.0044.1%11.9%30.7%70.0%41.9%1.1%-2.9%741.0M-36.95B-137.4M0.563.25170,75795,7821,310,918968,330
2025-01-17$614.43$590.0043.6%11.9%30.2%68.1%41.7%1.0%-3.1%634.1M-38.00B-135.1M0.543.71381,395206,3131,340,070984,310
2025-01-21$616.50$590.0042.5%12.1%27.8%64.3%42.2%0.7%-2.3%477.6M-21.67B-132.8M0.723.74134,34897,129889,063651,318
2025-01-22$625.93$595.0043.0%12.3%28.3%65.9%42.9%0.5%-2.5%721.0M-24.47B-133.0M0.472.99251,362118,432921,069667,325
2025-01-23$632.40$595.0043.0%12.4%28.1%65.9%43.6%0.4%-2.6%830.5M-26.14B-137.9M0.533.02181,88396,609948,950685,054
2025-01-24$645.95$595.0041.6%12.2%28.8%61.1%42.7%0.5%-2.4%1.02B-30.64B-137.1M0.483.34599,572287,662969,148704,995
2025-01-27$656.09$600.0043.5%13.1%29.0%67.9%46.0%1.1%-2.1%531.8M-29.62B-153.1M0.573.02256,869146,301941,958648,163
2025-01-28$676.28$600.0043.6%13.3%30.4%68.2%46.6%1.0%-2.1%608.6M-34.29B-156.8M0.523.89281,912147,400975,936678,693
2025-01-29$677.63$600.0044.8%13.8%29.4%72.4%48.3%0.9%-2.3%630.9M-34.86B-155.5M0.654.54288,709186,8081,027,824705,283
2025-01-30$688.75$600.0030.3%8.7%29.3%20.0%30.9%1.0%-0.1%1.10B-38.59B-152.0M0.607.92614,809368,6351,130,230776,218
2025-01-31$688.00$605.0029.6%8.4%28.9%17.5%29.8%1.7%0.2%830.1M-36.82B-156.5M0.684.33448,667303,5601,181,131822,852