ESGV Options History — October 2025

In October 2025, ESGV traded between $116.54 and $122.56. ATM implied volatility averaged 17.5%, placing in the 14.3% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded above realized volatility by 6.2% (HV 20d: 11.3%). Max pain ranged from $115.00 to $120.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 0.00.

Notable Days

2025-10-27: Highest Volume — 2 contracts
2025-10-15: Largest IV drop — 51.9% change
2025-10-14: Highest IV Rank — 41.5%
2025-10-14: Largest Expected Move — 5.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$119.43	$116.54	$122.56	$118.93	$121.73
Max Pain	$115.50	$115.00	$120.00	$115.00	$120.00
ATM IV	17.5%	13.0%	29.6%	16.3%	16.5%
Expected Move	4.4%	3.7%	5.5%	4.7%	4.7%
HV 20d	11.3%	6.9%	14.6%	7.6%	14.6%
HV 60d	10.8%	9.5%	11.9%	9.7%	11.1%
IV Rank	14.3%	4.3%	41.5%	11.7%	12.0%
IV Percentile	50.6%	9.1%	95.2%	51.6%	54.4%
Term Structure	0.3%	-2.1%	3.7%	-0.5%	0.6%
VWIV	20.5%	20.5%	20.5%	20.5%	20.5%
Skew 25d	3.9%	1.0%	9.2%	9.2%	4.5%
Skew 10d	3.6%	1.3%	10.8%	10.8%	2.4%
Call IV 25d	12.2%	7.2%	15.3%	7.2%	12.8%
Put IV 25d	16.1%	13.9%	18.8%	16.4%	17.3%
Bid-Ask Spread %	117.35	110.21	149.47	145.16	112.37
Gamma HHI	0.54	0.48	0.66	0.49	0.57
Net GEX	11.4K	9.1K	12.7K	12.7K	10.0K
Net DEX	-231.1K	-264.0K	-198.8K	-229.3K	-243.5K
Net VEX	-742	-829	-615	-821	-747
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.348	0	2	0	0
Total OI	33	32	36	34	36

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Vol	Put Vol	Call OI	Put OI
2025-10-01	$118.93	$0.00	16.3%	4.7%	7.6%	11.7%	0.0%	9.2%	-0.5%	12.7K	-229.3K	-821	145.16	0	0	31	3
2025-10-02	$119.18	$0.00	16.6%	4.7%	7.1%	12.2%	0.0%	4.5%	-1.9%	12.3K	-233.5K	-819	149.47	0	0	31	3
2025-10-03	$119.22	$0.00	15.9%	4.6%	7.1%	10.8%	0.0%	3.9%	-2.1%	12.2K	-239.6K	-812	147.05	1	0	31	3
2025-10-06	$119.54	$115.00	17.1%	3.9%	7.0%	13.5%	0.0%	3.0%	0.7%	11.8K	-234.0K	-779	113.37	0	0	30	3
2025-10-07	$118.91	$115.00	17.9%	3.9%	7.4%	15.4%	0.0%	3.1%	-0.3%	12.4K	-232.6K	-764	111.97	0	0	30	3
2025-10-08	$119.59	$115.00	18.3%	3.7%	7.6%	16.1%	0.0%	2.7%	1.7%	12.1K	-234.5K	-775	113.40	0	0	30	3
2025-10-09	$119.38	$115.00	20.2%	3.9%	6.9%	20.3%	0.0%	3.0%	1.5%	12.1K	-238.6K	-756	114.42	0	0	30	3
2025-10-10	$116.54	$115.00	23.0%	5.1%	11.3%	26.6%	0.0%	3.2%	-0.5%	11.2K	-198.8K	-829	113.78	1	0	30	3
2025-10-13	$117.96	$115.00	27.6%	4.1%	12.0%	37.0%	0.0%	3.9%	3.7%	11.2K	-210.1K	-760	114.91	0	0	29	3
2025-10-14	$117.38	$115.00	29.6%	5.5%	12.1%	41.5%	0.0%	6.3%	-2.0%	11.1K	-200.7K	-782	112.30	0	0	29	3
2025-10-15	$118.09	$115.00	14.3%	4.1%	12.3%	7.1%	0.0%	6.0%	1.7%	11.0K	-212.8K	-754	111.60	0	0	29	3
2025-10-16	$117.19	$115.00	18.9%	5.4%	12.4%	17.6%	0.0%	5.6%	0.1%	10.8K	-207.3K	-761	112.79	0	0	29	3
2025-10-17	$118.04	$115.00	14.4%	4.1%	12.7%	7.4%	0.0%	3.8%	3.4%	10.9K	-204.0K	-760	112.87	0	0	29	3
2025-10-20	$119.44	$115.00	14.3%	4.1%	13.3%	7.1%	0.0%	4.1%	2.7%	11.2K	-227.9K	-715	114.38	0	0	29	3
2025-10-21	$119.58	$115.00	17.3%	5.0%	12.9%	14.0%	0.0%	3.9%	0.1%	11.3K	-231.8K	-705	112.70	0	0	29	3
2025-10-22	$118.55	$115.00	13.8%	3.9%	13.2%	6.0%	0.0%	2.1%	1.4%	12.3K	-226.1K	-713	112.95	0	0	29	3
2025-10-23	$119.39	$115.00	13.9%	4.0%	13.1%	6.2%	0.0%	3.4%	1.6%	12.3K	-229.2K	-700	112.49	0	0	29	3
2025-10-24	$120.52	$115.00	15.3%	4.4%	13.4%	9.4%	0.0%	3.1%	-1.1%	12.2K	-248.3K	-659	114.01	0	0	29	3
2025-10-27	$121.89	$115.00	15.6%	4.5%	13.8%	10.1%	0.0%	4.0%	-1.1%	11.2K	-264.0K	-615	113.98	0	2	29	3
2025-10-28	$122.56	$115.00	13.0%	3.7%	13.9%	4.3%	0.0%	2.9%	-0.5%	9.1K	-258.9K	-621	110.21	2	0	29	5
2025-10-29	$122.19	$115.00	16.1%	4.6%	13.9%	11.3%	20.5%	1.0%	-1.1%	9.5K	-262.6K	-682	110.88	2	0	30	5
2025-10-30	$121.01	$120.00	16.3%	4.7%	14.4%	11.8%	0.0%	2.8%	-2.0%	10.0K	-246.3K	-727	111.99	0	0	30	5
2025-10-31	$121.73	$120.00	16.5%	4.7%	14.6%	12.0%	0.0%	4.5%	0.6%	10.0K	-243.5K	-747	112.37	0	0	30	6