META

Implied volatility · 30-day constant maturity

Term structure · constant maturity

1 consecutive session in backwardation (near-term vol above 90-day: stress).

Skew · risk reversal

Skew has been collected since 2026-07-30 only: the vendor serves no earlier history, so each percentile here is taken over all of it - the few weeks of readings there are, which the n beside it counts.

Next earnings: 2026-11-04 time unknown, stated by the vendor's estimate, first moves the 2026-11-04 session, no expected move served. As the vendor's calendar stood on 2026-09-29, not on the page's date.

No expiry on the 2026-09-25 book lies 55–65 calendar days from 2026-09-28.

DTE counts calendar days from 2026-09-28, the page's date and the earliest an entry could be made - not from the 2026-09-25 book the expiries and IVs come from, which would overstate it by 3 days; an expiry first listed after 2026-09-25 is not in the book and not here. A premarket report moves its own session and a postmarket one the next; one with no stated time is placed at the earlier of the two - or at the later, once the earlier is already in the 2026-09-28 close - so an expiry can be called spanning when it might not be, never the reverse. "spans +N": the expiry settles N calendar days after that session, and the line under it says whether the 28-DTE exit comes before it ("inside the exit": that date is already behind 2026-09-28, so it protects nothing); "clear N": it settles N days before it. Thesis = DTE − 28 (the hard exit is 21), cut to the last session before a report that comes first. Every expiry in the band is listed, and one that is not its month's standard monthly is marked weekly — §1 of the trading rules admits no weeklies and no 0DTE, so those rows are context, not candidates; the monthly is read from core.option_expirations, which is derived from the session calendar, so a monthly pulled back to a Thursday by a holiday is the monthly here and carries no mark. ATM IV is the vendor's at the 2026-09-25 close, on the out-of-the-money side of the listed strike nearest book spot: a display selection, not a statistic, read at that one strike, so "no IV at X" is about X and not about its neighbours. The expected move is the vendor's, for the report the expiry spans. Every row links to that expiry on the strike axis below.

Chain · one strike axis

Book as of 2026-09-25: 1 session behind 2026-09-28: no META chain statistics (net_gex) dated after 2026-09-25 are knowable as of 2026-09-28, and no ticker has newer ones. The strikes drawn below are 2026-09-25's rows as stored now; the levels and statistics are the readings dated 2026-09-25, computed from those rows when the readings were derived, and a fetch of 2026-09-25 after that can revise rows. Open interest is what entered 2026-09-25 (OCC's settlement of 2026-09-24), valued at the 2026-09-25 close.

book spot $751.66 (unadjusted close, 2026-09-25) · call wall $750.00 (-0.22% from book spot) · put wall $750.00 (-0.22% from book spot) · max pain $640.00 (-14.86% from book spot, 2026-10-16 monthly)