VAW Options History — June 2019

In June 2019, VAW traded between $117.77 and $127.92. ATM implied volatility averaged 16.9%, placing in the 12.3% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded below realized volatility by 2.4% (HV 20d: 19.3%). Max pain ranged from $115.00 to $122.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2019-06-28: Highest Volume — 17 contracts
  • 2019-06-04: Largest IV drop — 23.0% change
  • 2019-06-03: Highest IV Rank — 32.6%
  • 2019-06-03: Largest Expected Move — 7.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$125.13$117.77$127.92$117.77$127.92
Max Pain$120.95$115.00$122.00$115.00$122.00
ATM IV16.9%13.4%25.5%25.5%13.4%
Expected Move4.9%3.9%7.3%7.3%3.9%
HV 20d19.3%15.0%23.2%19.9%15.0%
HV 60d17.2%16.3%18.0%16.6%16.3%
IV Rank12.3%4.0%32.6%32.6%4.0%
IV Percentile29.8%4.0%84.1%84.1%4.0%
Term Structure0.2%-9.9%7.9%-9.9%7.9%
VWIV16.2%13.0%22.1%20.4%13.1%
Skew 25d4.8%-1.3%11.2%4.0%2.5%
Skew 10d6.7%-6.2%23.3%-6.2%-1.0%
Call IV 25d14.9%8.1%22.6%22.6%15.1%
Put IV 25d19.7%13.6%26.5%26.5%17.6%
Bid-Ask Spread %103.7866.69146.49128.75114.11
Gamma HHI0.330.170.620.450.17
Net GEX57.0K30.8K74.4K33.0K38.7K
Net DEX-448.0K-698.1K-139.1K-139.1K-308.4K
Net VEX-1.0K-1.1K-789-789-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume4017317
Total OI76.1545967952

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-06-03$117.77$115.0025.5%7.3%19.9%32.6%0.0%4.0%-9.9%33.0K-139.1K-7890.00128.75N/AN/A30763
2019-06-04$121.64$115.0019.6%5.6%23.2%18.7%0.0%7.6%-0.2%69.1K-265.4K-9880.00122.07N/AN/A30793
2019-06-05$122.37$115.0019.2%5.5%22.1%17.7%0.0%3.7%1.3%66.4K-334.2K-1.1K0.00120.47N/AN/A30793
2019-06-06$124.14$122.0016.8%5.1%22.6%12.0%20.4%4.6%0.2%71.2K-449.3K-1.1K0.0070.74N/AN/A30793
2019-06-07$125.15$122.0016.6%4.6%22.5%11.5%18.8%2.8%2.1%65.6K-507.9K-1.1K0.0092.15N/AN/A30793
2019-06-10$125.28$122.0016.4%6.2%22.3%11.2%13.0%11.2%-4.6%61.2K-581.2K-9850.00116.27N/AN/A50793
2019-06-11$125.34$122.0019.6%4.9%20.2%18.6%17.0%3.2%0.2%69.1K-553.1K-1.1K0.0084.04N/AN/A50843
2019-06-12$125.43$122.0015.2%4.4%20.0%8.2%22.1%7.7%4.4%69.4K-575.7K-1.1K0.0094.22N/AN/A50843
2019-06-13$126.17$122.0016.3%4.7%19.9%10.8%16.9%6.5%1.2%67.6K-603.9K-1.0K0.0066.69N/AN/A10843
2019-06-14$125.83$122.0015.8%4.5%19.9%9.5%15.8%3.9%0.6%72.2K-571.8K-9730.00111.86N/AN/A10853
2019-06-17$124.88$122.0017.2%4.9%19.9%13.0%0.0%4.7%-1.2%74.4K-558.7K-9400.0079.57N/AN/A00853
2019-06-18$126.03$122.0014.7%4.2%19.0%7.1%0.0%-1.3%-1.5%69.0K-623.8K-9120.00116.65N/AN/A00853
2019-06-19$125.79$122.0017.6%5.0%18.6%13.9%0.0%1.3%-1.5%64.7K-560.6K-9320.00146.49N/AN/A00853
2019-06-20$126.99$122.0015.3%4.4%18.4%8.5%0.0%3.7%2.0%68.8K-646.5K-8730.00107.73N/AN/A80853
2019-06-21$126.25$122.0016.0%4.6%16.8%10.0%0.0%5.1%0.7%50.9K-698.1K-1.0K0.0099.69N/AN/A80933
2019-06-24$126.10$122.0016.7%4.8%16.9%11.8%15.5%4.0%0.1%30.8K-232.8K-9950.0085.67N/AN/A10432
2019-06-25$126.41$122.0015.9%4.6%16.3%9.8%13.3%5.2%0.3%32.0K-245.0K-1.0K0.00110.38N/AN/A10442
2019-06-26$126.29$122.0015.6%4.5%16.3%9.2%13.1%6.2%0.9%32.4K-252.3K-1.0K0.00107.79N/AN/A20452
2019-06-27$126.88$122.0014.9%4.3%16.2%7.6%15.1%9.2%0.9%33.3K-252.4K-1.0K0.00100.21N/AN/A110452
2019-06-28$127.92$122.0013.4%3.9%15.0%4.0%13.1%2.5%7.9%38.7K-308.4K-1.1K0.00114.11N/AN/A170502