VAW Options History — June 2025

In June 2025, VAW traded between $190.69 and $196.43. ATM implied volatility averaged 17.4%, placing in the 14.7% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded above realized volatility by 4.1% (HV 20d: 13.4%). Max pain ranged from $188.00 to $195.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-06-04: Highest Volume — 1 contracts
  • 2025-06-23: Largest IV drop — 17.1% change
  • 2025-06-09: Highest IV Rank — 18.8%
  • 2025-06-17: Largest Expected Move — 5.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$193.82$190.69$196.43$191.29$194.73
Max Pain$191.50$188.00$195.00$188.00$195.00
ATM IV17.4%14.8%19.7%19.2%15.8%
Expected Move4.9%4.2%5.6%5.5%4.5%
HV 20d13.4%11.6%15.3%15.0%12.4%
HV 60d33.1%32.7%33.6%33.5%32.7%
IV Rank14.7%10.0%18.8%17.8%11.7%
IV Percentile58.2%27.4%79.0%76.6%38.1%
Term Structure0.5%-2.1%1.8%1.3%1.8%
VWIV16.7%16.7%16.7%16.7%16.7%
Skew 25d1.3%-2.0%5.3%0.8%-1.4%
Skew 10d6.2%-3.5%15.9%7.2%14.9%
Call IV 25d17.0%12.7%20.8%20.8%19.5%
Put IV 25d18.3%15.4%22.8%21.6%18.1%
Bid-Ask Spread %120.39103.76130.99125.48130.36
Gamma HHI0.400.280.600.280.52
Net GEX18.3K-2.5K31.8K-2.5K30.0K
Net DEX-232.3K-306.1K-138.9K-138.9K-256.3K
Net VEX-1.4K-1.7K-1.2K-1.7K-1.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.150100
Total OI94.73712011938

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-06-02$191.29$188.0019.2%5.5%15.0%17.8%0.0%0.8%1.3%-2.5K-138.9K-1.7K0.00125.48N/AN/A003584
2025-06-03$193.53$188.0017.3%5.0%15.3%14.5%0.0%1.4%-2.1%7.4K-214.3K-1.6K0.00125.85N/AN/A003584
2025-06-04$194.61$188.0016.5%4.7%15.0%13.0%0.0%3.6%1.1%15.7K-250.8K-1.6K0.00126.20N/AN/A103584
2025-06-05$194.05$0.0018.5%5.2%14.8%16.6%0.0%0.3%1.0%15.0K-252.4K-1.6K0.00108.20N/AN/A003684
2025-06-06$194.31$0.0016.9%4.7%14.0%13.8%0.0%0.3%1.3%15.7K-252.0K-1.6K0.00123.04N/AN/A003684
2025-06-09$196.07$0.0019.7%4.8%14.1%18.8%0.0%0.1%1.3%29.1K-298.9K-1.5K0.00109.69N/AN/A013684
2025-06-10$196.43$0.0018.4%4.7%12.0%16.6%0.0%0.6%1.4%23.9K-306.1K-1.5K0.00120.76N/AN/A003683
2025-06-11$194.51$0.0016.2%4.6%12.6%12.4%0.0%3.9%0.9%17.1K-266.3K-1.5K0.00114.44N/AN/A003683
2025-06-12$195.16$0.0017.4%5.0%11.6%14.6%0.0%1.3%-0.2%18.7K-257.6K-1.5K0.00114.53N/AN/A003683
2025-06-13$192.19$0.0019.2%5.5%12.7%17.9%0.0%1.5%-0.2%5.4K-199.5K-1.5K0.00103.76N/AN/A003683
2025-06-16$194.08$0.0018.0%5.2%12.8%15.8%0.0%1.9%0.4%18.9K-257.4K-1.4K0.00119.28N/AN/A003683
2025-06-17$192.43$0.0019.5%5.6%13.2%18.5%0.0%0.7%0.4%9.1K-200.5K-1.4K0.00122.90N/AN/A003683
2025-06-18$192.13$0.0018.0%5.2%13.1%15.7%0.0%5.3%0.7%13.1K-211.3K-1.3K0.00115.48N/AN/A003683
2025-06-20$190.69$0.0019.1%5.5%12.9%17.8%0.0%0.3%-0.4%7.5K-170.7K-1.2K0.00123.14N/AN/A003683
2025-06-23$192.91$0.0015.9%4.5%13.5%11.9%0.0%4.8%-0.1%24.6K-196.3K-1.2K0.00119.75N/AN/A00334
2025-06-24$194.94$0.0014.8%4.2%13.9%10.0%0.0%1.2%0.6%27.8K-224.7K-1.3K0.00123.60N/AN/A00334
2025-06-25$193.47$0.0016.9%4.8%13.2%13.7%16.7%-0.4%0.1%27.0K-208.6K-1.2K0.00123.64N/AN/A10334
2025-06-26$194.53$195.0014.9%4.3%12.4%10.1%0.0%-2.0%1.7%31.1K-241.8K-1.3K0.00130.99N/AN/A00344
2025-06-27$194.38$195.0016.9%4.8%12.5%13.7%0.0%1.5%-0.8%31.8K-240.8K-1.3K0.00126.79N/AN/A00344
2025-06-30$194.73$195.0015.8%4.5%12.4%11.7%0.0%-1.4%1.8%30.0K-256.3K-1.3K0.00130.36N/AN/A00344