VEA Options History — February 2008

In February 2008, VEA traded between $41.94 and $45.40. ATM implied volatility averaged 71.3%, placing in the 38.4% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded above realized volatility by 46.1% (HV 20d: 25.2%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 2 of 20 days.

Notable Days

  • 2008-02-20: Largest IV spike — 519.8% change
  • 2008-02-13: Highest IV Rank — 100.0%
  • 2008-02-01: Largest Expected Move — 17.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.63$41.94$45.40$45.00$43.93
ATM IV71.3%8.1%160.7%62.2%61.0%
Expected Move12.5%2.3%17.8%17.8%17.5%
HV 20d25.2%21.4%28.6%25.3%23.4%
HV 60d24.3%22.6%25.9%24.9%23.1%
IV Rank38.4%0.0%100.0%25.9%34.7%
IV Percentile59.7%0.0%100.0%71.3%68.2%
Term Structure-13.0%-24.9%21.1%-24.9%-10.0%
Skew 25d-1.4%-15.3%1.3%0.9%1.3%
Skew 10d-9.4%-14.0%-1.0%-5.6%-4.7%
Call IV 25d67.3%25.4%138.3%54.3%76.3%
Put IV 25d65.9%24.5%123.0%55.2%77.7%
Bid-Ask Spread %144.0685.49166.20158.47127.11
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-02-01$45.00$0.0062.2%17.8%25.3%25.9%0.0%0.0%-24.9%0000.00158.47N/AN/A0000
2008-02-04$44.54$0.0074.2%11.2%25.4%35.5%0.0%0.9%-17.3%0000.00164.59N/AN/A0000
2008-02-05$42.76$0.0084.4%11.8%27.9%43.8%0.0%-2.6%-18.1%0000.00160.13N/AN/A0000
2008-02-06$42.65$0.0088.6%12.0%27.9%47.2%0.0%-3.2%-18.7%0000.00159.89N/AN/A0000
2008-02-07$42.35$0.0098.4%9.2%27.9%55.1%0.0%0.0%-10.6%0000.0090.37N/AN/A0000
2008-02-08$41.94$0.00101.2%10.0%27.6%57.4%0.0%-15.3%-13.0%0000.0085.49N/AN/A0000
2008-02-11$42.09$0.00127.7%12.7%27.7%78.8%0.0%-0.9%-21.8%0000.00116.11N/AN/A0000
2008-02-12$42.91$0.00139.7%12.8%28.6%88.5%0.0%-2.1%-20.7%0000.00160.91N/AN/A0000
2008-02-13$43.16$0.00160.7%13.0%28.0%100.0%0.0%0.2%-20.6%0000.00161.99N/AN/A0000
2008-02-14$43.12$0.0045.9%13.1%25.9%12.0%0.0%-1.1%-21.2%0000.00161.54N/AN/A0000
2008-02-15$43.18$0.0046.5%13.3%25.0%12.5%0.0%-0.9%-21.6%0000.00161.81N/AN/A0000
2008-02-19$43.79$0.008.1%2.3%24.8%0.0%0.0%0.0%20.5%0000.00101.54N/AN/A0000
2008-02-20$43.39$0.0049.9%14.3%25.0%27.4%0.0%0.2%-13.3%0000.00162.62N/AN/A0000
2008-02-21$43.46$0.0038.3%11.0%22.7%19.8%0.0%0.0%-4.1%0000.00100.33N/AN/A0000
2008-02-22$43.92$0.0050.7%14.5%22.9%28.0%0.0%1.2%-14.8%0000.00163.52N/AN/A0000
2008-02-25$44.57$0.0052.5%15.1%21.4%29.1%0.0%1.2%-16.9%0000.00163.76N/AN/A0000
2008-02-26$45.33$0.0053.1%15.2%22.1%29.5%0.0%1.3%-16.2%0000.00166.20N/AN/A0000
2008-02-27$45.40$0.0026.4%7.6%22.0%12.0%0.0%0.0%21.1%0000.00148.90N/AN/A0000
2008-02-28$45.04$0.0055.6%15.9%22.1%31.2%0.0%1.3%-18.3%0000.00165.82N/AN/A0000
2008-02-29$43.93$0.0061.0%17.5%23.4%34.7%0.0%0.0%-10.0%0000.00127.11N/AN/A0000