META Options History — April 2025

In April 2025, META traded between $484.85 and $585.35. ATM implied volatility averaged 54.6%, placing in the 70.9% IV rank vs the trailing year. The 30-day expected move averaged 15.8%. IV traded below realized volatility by 13.3% (HV 20d: 67.9%). Max pain ranged from $550.00 to $615.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.67.

Notable Days

2025-04-04: Highest Volume — 755,578 contracts
2025-04-09: Largest IV drop — 25.6% change
2025-04-03: Highest IV Rank — 100.0%
2025-04-08: Largest Expected Move — 18.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$532.96	$484.85	$585.35	$585.35	$544.41
Max Pain	$580.00	$550.00	$615.00	$615.00	$550.00
ATM IV	54.6%	46.7%	70.6%	46.7%	46.9%
Expected Move	15.8%	12.5%	18.9%	12.5%	15.9%
HV 20d	67.9%	44.2%	77.8%	45.2%	76.0%
HV 60d	47.2%	34.7%	52.3%	34.8%	52.1%
IV Rank	70.9%	48.3%	100.0%	79.3%	48.3%
IV Percentile	94.6%	83.3%	100.0%	83.3%	84.5%
Term Structure	-2.8%	-4.9%	-1.7%	-1.8%	-1.7%
VWIV	54.2%	43.1%	63.2%	43.1%	55.4%
Skew 25d	9.4%	3.5%	17.2%	6.4%	3.5%
Skew 10d	17.7%	6.5%	32.2%	12.3%	6.5%
Call IV 25d	49.8%	43.6%	60.8%	43.6%	45.1%
Put IV 25d	59.2%	48.6%	77.9%	50.0%	48.6%
Bid-Ask Spread %	6.57	3.16	15.89	5.88	5.24
Gamma HHI	0.03	0.02	0.07	0.02	0.03
Net GEX	102.1M	-225.3M	581.5M	136.7M	226.6M
Net DEX	-5.73B	-16.51B	2.99B	-11.39B	-10.98B
Net VEX	-144.8M	-160.7M	-126.7M	-157.7M	-152.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.67	0.46	0.86	0.49	0.64
Total Volume	428,674.524	214,207	755,578	331,475	437,680
Total OI	2,082,272.762	1,918,272	2,245,265	1,993,457	2,094,432

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
2025-04-01	$585.35	$615.00	46.7%	12.5%	45.2%	79.3%	43.1%	6.4%	-1.8%	136.7M	-11.39B	-157.7M	0.49	5.88	221,872	109,603	1,138,343	855,114
2025-04-02	$585.25	$615.00	47.3%	12.5%	44.2%	81.7%	43.1%	6.6%	-2.3%	134.5M	-11.18B	-158.1M	0.55	4.81	191,196	105,501	1,163,683	874,915
2025-04-03	$536.02	$600.00	53.7%	14.1%	51.1%	100.0%	47.3%	8.1%	-3.0%	-193.5M	338.4M	-141.1M	0.79	4.96	402,078	319,035	1,183,718	886,195
2025-04-04	$514.57	$600.00	62.8%	16.5%	52.4%	100.0%	55.8%	11.9%	-3.7%	-225.3M	2.99B	-137.0M	0.86	6.72	406,233	349,345	1,252,420	900,585
2025-04-07	$515.03	$600.00	67.7%	17.9%	50.8%	100.0%	61.6%	15.2%	-4.9%	942.5K	-469.2M	-140.5M	0.73	11.14	241,541	176,302	1,177,331	854,055
2025-04-08	$505.35	$595.00	70.6%	18.9%	49.8%	100.0%	63.2%	17.2%	-4.1%	-13.2M	877.0M	-138.9M	0.85	9.59	244,764	207,687	1,202,652	874,968
2025-04-09	$582.98	$590.00	52.5%	14.3%	73.2%	60.5%	52.1%	10.2%	-2.6%	362.8M	-16.51B	-160.7M	0.57	15.89	372,854	211,992	1,226,986	897,781
2025-04-10	$541.38	$590.00	62.2%	17.0%	75.8%	81.7%	57.0%	16.8%	-3.3%	90.4M	-5.75B	-152.3M	0.73	10.97	316,876	230,355	1,263,027	922,384
2025-04-11	$541.99	$590.00	58.1%	16.0%	75.0%	72.7%	55.5%	15.0%	-3.3%	81.3M	-5.67B	-147.8M	0.68	7.26	288,409	197,218	1,303,597	941,668
2025-04-14	$534.41	$590.00	54.0%	15.2%	75.0%	63.7%	53.1%	12.1%	-2.2%	27.6M	-3.87B	-141.6M	0.82	7.09	198,686	162,625	1,213,667	875,597
2025-04-15	$520.70	$585.00	52.6%	15.0%	74.1%	60.7%	49.7%	11.0%	-2.4%	-26.4M	-1.83B	-136.0M	0.78	5.53	214,586	167,361	1,249,098	876,051
2025-04-16	$498.04	$580.00	56.0%	16.1%	74.8%	68.1%	53.6%	10.3%	-2.6%	-101.4M	1.05B	-130.9M	0.83	5.48	271,061	224,386	1,285,311	877,422
2025-04-17	$502.09	$575.00	53.5%	15.5%	75.1%	62.8%	51.4%	9.4%	-2.5%	-50.0M	-1.04B	-133.6M	0.66	5.84	247,946	163,959	1,332,327	875,688
2025-04-21	$484.85	$570.00	57.0%	17.1%	75.3%	70.3%	59.9%	9.0%	-2.9%	-10.1M	422.3M	-126.7M	0.79	4.09	150,965	118,598	1,123,837	794,435
2025-04-22	$498.97	$565.00	54.2%	16.5%	74.6%	64.2%	56.5%	7.7%	-2.8%	62.3M	-2.27B	-133.6M	0.48	5.06	222,527	105,984	1,158,342	821,468
2025-04-23	$518.65	$560.00	52.9%	16.4%	76.2%	61.4%	57.1%	7.0%	-2.8%	236.3M	-6.75B	-140.5M	0.61	5.11	241,361	147,645	1,194,235	836,112
2025-04-24	$531.79	$560.00	51.3%	16.0%	76.9%	57.8%	55.4%	6.0%	-3.0%	336.4M	-9.44B	-146.8M	0.54	4.29	200,067	108,677	1,210,713	859,543
2025-04-25	$546.52	$550.00	48.7%	15.4%	77.8%	52.1%	54.2%	5.2%	-2.9%	581.5M	-13.78B	-152.6M	0.60	5.90	356,857	214,597	1,246,037	879,079
2025-04-28	$550.41	$550.00	49.2%	16.3%	76.1%	53.4%	57.2%	4.3%	-1.9%	222.1M	-12.07B	-154.5M	0.51	3.16	159,071	80,458	1,140,809	825,820
2025-04-29	$553.46	$550.00	48.0%	16.2%	76.1%	50.6%	56.5%	4.1%	-1.9%	264.1M	-12.98B	-156.6M	0.46	3.90	146,823	67,384	1,188,723	849,560
2025-04-30	$544.41	$550.00	46.9%	15.9%	76.0%	48.3%	55.4%	3.5%	-1.7%	226.6M	-10.98B	-152.1M	0.64	5.24	266,153	171,527	1,224,782	869,650