META Options History — March 2026

In March 2026, META traded between $525.80 and $668.84. ATM implied volatility averaged 35.4%, placing in the 25.4% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded above realized volatility by 3.3% (HV 20d: 32.1%). Max pain ranged from $590.00 to $650.00. Net GEX was positive for 13 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.74.

Notable Days

2026-03-26: Highest Volume — 1,589,020 contracts
2026-03-26: Largest IV spike — 24.0% change
2026-03-30: Highest IV Rank — 52.1%
2026-03-30: Largest Expected Move — 13.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$614.19	$525.80	$668.84	$652.03	$569.35
Max Pain	$637.50	$590.00	$650.00	$650.00	$590.00
ATM IV	35.4%	31.0%	48.0%	32.9%	46.0%
Expected Move	10.2%	8.2%	13.8%	9.6%	13.2%
HV 20d	32.1%	27.0%	49.2%	28.3%	49.2%
HV 60d	34.9%	32.7%	42.0%	32.8%	42.0%
IV Rank	25.4%	16.0%	52.1%	20.0%	47.8%
IV Percentile	56.5%	38.5%	92.9%	46.4%	88.9%
Term Structure	1.5%	-1.3%	7.6%	-0.2%	-1.2%
VWIV	34.7%	30.7%	41.7%	33.7%	39.2%
Skew 25d	7.1%	5.9%	9.5%	5.9%	7.3%
Skew 10d	13.8%	11.7%	18.3%	12.1%	13.2%
Call IV 25d	32.2%	28.0%	45.8%	30.1%	43.3%
Put IV 25d	39.2%	33.9%	53.8%	36.0%	50.6%
Bid-Ask Spread %	15.52	4.66	34.51	25.87	8.06
Gamma HHI	0.03	0.02	0.06	0.02	0.05
Net GEX	78.0M	-526.2M	987.2M	358.0M	437.9M
Net DEX	-3.89B	-17.41B	10.05B	-11.48B	-8.83B
Net VEX	-175.0M	-236.2M	-143.8M	-182.3M	-236.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.74	0.53	0.94	0.81	0.71
Total Volume	557,229.955	317,720	1,589,020	410,581	681,723
Total OI	2,278,760.682	2,009,596	2,696,199	2,155,806	2,687,982

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
2026-03-02	$652.03	$650.00	32.9%	9.6%	28.3%	20.0%	33.7%	5.9%	-0.2%	358.0M	-11.48B	-182.3M	0.81	25.87	226,542	184,039	1,313,269	842,537
2026-03-03	$654.04	$650.00	33.1%	9.7%	28.2%	20.6%	35.4%	6.6%	-0.4%	400.1M	-11.72B	-182.7M	0.80	26.18	176,035	141,685	1,328,364	849,778
2026-03-04	$668.84	$650.00	31.5%	9.1%	28.5%	17.1%	31.7%	6.0%	-0.2%	987.2M	-17.41B	-185.4M	0.68	24.33	273,870	185,485	1,358,579	868,665
2026-03-05	$657.76	$650.00	32.4%	9.3%	28.0%	19.0%	32.9%	6.9%	-0.3%	480.6M	-12.65B	-183.2M	0.53	31.09	250,155	133,062	1,365,106	871,154
2026-03-06	$642.91	$650.00	35.4%	10.0%	29.0%	25.3%	35.6%	9.5%	-0.7%	60.8M	-7.29B	-179.0M	0.66	31.25	256,457	169,589	1,396,606	887,557
2026-03-09	$645.41	$650.00	33.5%	9.5%	28.6%	21.2%	33.7%	8.0%	-0.0%	249.6M	-8.69B	-175.4M	0.69	34.48	269,592	185,898	1,338,134	863,437
2026-03-10	$653.76	$650.00	32.1%	9.2%	27.1%	18.4%	33.1%	8.0%	0.1%	455.5M	-11.50B	-176.7M	0.61	31.31	206,746	126,179	1,341,323	874,016
2026-03-11	$653.32	$650.00	31.7%	9.2%	27.0%	17.6%	33.1%	7.3%	0.2%	570.6M	-11.39B	-175.3M	0.78	34.51	214,259	167,087	1,379,216	890,112
2026-03-12	$638.12	$650.00	34.1%	11.4%	28.1%	22.6%	34.1%	7.6%	0.0%	36.2M	-6.12B	-172.1M	0.65	7.27	203,044	132,947	1,365,856	892,927
2026-03-13	$612.67	$650.00	35.5%	8.2%	29.6%	25.6%	35.9%	7.6%	-0.1%	-371.3M	1.76B	-163.5M	0.59	9.64	519,272	308,275	1,386,674	915,787
2026-03-16	$627.16	$650.00	33.0%	9.5%	30.6%	20.2%	32.4%	6.5%	0.4%	77.2M	-3.42B	-167.3M	0.84	8.32	310,341	260,679	1,337,460	910,048
2026-03-17	$622.41	$650.00	31.0%	8.9%	30.7%	16.0%	30.7%	5.9%	0.3%	-59.8M	-2.41B	-163.2M	0.76	8.65	244,233	186,743	1,354,676	903,572
2026-03-18	$615.01	$645.00	32.5%	9.3%	30.8%	19.2%	32.7%	6.9%	0.2%	-306.5M	-442.3M	-164.0M	0.94	7.72	214,795	202,919	1,397,131	920,737
2026-03-19	$605.60	$640.00	32.7%	9.4%	31.1%	19.6%	32.3%	6.2%	0.4%	-378.5M	1.85B	-159.5M	0.73	4.66	264,807	193,666	1,383,324	916,831
2026-03-20	$590.74	$635.00	34.8%	10.0%	31.0%	24.0%	34.8%	7.7%	0.4%	-526.2M	4.37B	-156.2M	0.73	6.79	358,935	262,374	1,424,810	921,015
2026-03-23	$606.91	$630.00	33.0%	9.5%	31.6%	20.3%	32.3%	6.6%	7.0%	56.6M	-2.40B	-161.6M	0.70	4.75	279,382	194,750	1,195,356	814,240
2026-03-24	$593.44	$630.00	34.8%	9.9%	32.3%	24.0%	33.7%	6.4%	7.1%	-122.5M	956.1M	-158.7M	0.81	6.76	201,148	162,843	1,218,953	820,781
2026-03-25	$594.63	$625.00	34.2%	9.8%	31.1%	22.8%	34.7%	7.0%	7.6%	-27.2M	286.9M	-160.4M	0.85	6.58	247,252	210,183	1,268,770	848,701
2026-03-26	$547.37	$620.00	42.4%	12.2%	41.2%	40.2%	39.6%	6.7%	6.5%	-362.2M	10.05B	-143.8M	0.56	10.06	1,017,780	571,240	1,272,672	845,385
2026-03-27	$525.80	$610.00	45.2%	12.9%	42.2%	46.2%	41.7%	7.3%	6.3%	-311.2M	8.27B	-193.6M	0.89	8.11	591,307	524,988	1,801,119	895,080
2026-03-30	$534.82	$600.00	48.0%	13.8%	42.1%	52.1%	40.9%	8.1%	-1.3%	10.0M	2.63B	-210.9M	0.88	5.15	397,619	349,134	1,782,784	882,211
2026-03-31	$569.35	$590.00	46.0%	13.2%	49.2%	47.8%	39.2%	7.3%	-1.2%	437.9M	-8.83B	-236.2M	0.71	8.06	399,604	282,119	1,806,137	881,845