VAW Options History — April 2026

In April 2026, VAW traded between $227.69 and $228.74. ATM implied volatility averaged 26.6%, placing in the 28.9% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded above realized volatility by 1.6% (HV 20d: 25.0%). Max pain ranged from $210.00 to $215.00. Net GEX was positive for 2 of 2 trading days. Term structure was in contango for 0 of 2 days. Put/call ratio averaged 0.00.

Notable Days

2026-04-01: Highest Volume — 6 contracts
2026-04-01: Highest IV Rank — 28.9%
2026-04-01: Largest Expected Move — 7.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$228.22	$227.69	$228.74	$228.74	$227.69
Max Pain	$212.50	$210.00	$215.00	$210.00	$215.00
ATM IV	26.6%	26.6%	26.6%	26.6%	26.6%
Expected Move	7.6%	7.6%	7.6%	7.6%	7.6%
HV 20d	25.0%	24.1%	25.9%	25.9%	24.1%
HV 60d	22.0%	21.8%	22.2%	22.2%	21.8%
IV Rank	28.9%	28.9%	28.9%	28.9%	28.9%
IV Percentile	85.5%	85.3%	85.7%	85.7%	85.3%
Term Structure	-0.9%	-1.1%	-0.8%	-0.8%	-1.1%
Skew 25d	4.4%	2.6%	6.2%	2.6%	6.2%
Skew 10d	5.0%	3.0%	6.9%	3.0%	6.9%
Call IV 25d	27.0%	24.3%	29.7%	29.7%	24.3%
Put IV 25d	31.4%	30.5%	32.3%	32.3%	30.5%
Bid-Ask Spread %	53.80	47.88	59.72	47.88	59.72
Gamma HHI	0.11	0.10	0.11	0.11	0.10
Net GEX	30.9K	29.1K	32.6K	32.6K	29.1K
Net DEX	-465.3K	-483.0K	-447.5K	-483.0K	-447.5K
Net VEX	-2.5K	-2.6K	-2.5K	-2.5K	-2.6K
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	3.5	1	6	6	1
Total OI	89	86	92	86	92

Daily Data (2 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 Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2026-04-01	$228.74	$210.00	26.6%	7.6%	25.9%	28.9%	0.0%	2.6%	-0.8%	32.6K	-483.0K	-2.5K	0.00	47.88	N/A	N/A	0	6	61	25
2026-04-02	$227.69	$215.00	26.6%	7.6%	24.1%	28.9%	0.0%	6.2%	-1.1%	29.1K	-447.5K	-2.6K	0.00	59.72	N/A	N/A	1	0	61	31