VEA Options History — March 2008

In March 2008, VEA traded between $41.85 and $44.08. ATM implied volatility averaged 59.5%, placing in the 33.7% IV rank vs the trailing year. The 30-day expected move averaged 14.9%. IV traded above realized volatility by 35.4% (HV 20d: 24.0%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 0 of 20 days.

Notable Days

  • 2008-03-17: Largest IV spike — 115.6% change
  • 2008-03-17: Highest IV Rank — 60.6%
  • 2008-03-17: Largest Expected Move — 28.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.30$41.85$44.08$43.94$44.08
ATM IV59.5%34.5%100.6%55.4%62.6%
Expected Move14.9%9.9%28.8%15.9%17.9%
HV 20d24.0%17.8%29.3%22.7%27.1%
HV 60d23.8%22.7%25.0%23.1%24.8%
IV Rank33.7%17.3%60.6%31.0%35.7%
IV Percentile55.7%1.9%93.7%55.0%70.8%
Term Structure-20.0%-41.4%-10.3%-33.3%-22.7%
Skew 25d9.8%-8.7%65.8%6.7%15.0%
Skew 10d9.7%-26.2%68.6%-26.2%18.0%
Call IV 25d65.1%14.1%113.8%46.3%72.2%
Put IV 25d75.0%53.0%114.5%53.0%87.2%
Bid-Ask Spread %174.5094.31200.00138.24191.16
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
2008-03-03$43.94$0.0055.4%15.9%22.7%31.0%0.0%6.7%-33.3%0000.00138.24N/AN/A0000
2008-03-04$43.37$0.0046.3%13.3%22.9%25.1%0.0%0.0%-20.1%0000.00115.59N/AN/A0000
2008-03-05$43.81$0.0050.9%14.6%17.8%28.0%0.0%0.0%-17.2%0000.0094.31N/AN/A0000
2008-03-06$43.36$0.0052.3%15.0%18.3%29.0%0.0%0.0%-19.2%0000.00133.84N/AN/A0000
2008-03-07$42.78$0.0055.9%10.3%18.8%31.3%0.0%0.0%-12.8%0000.00168.37N/AN/A0000
2008-03-10$42.36$0.0082.1%9.9%18.8%48.5%0.0%-8.7%-10.3%0000.00168.67N/AN/A0000
2008-03-11$43.72$0.0082.5%12.6%21.8%48.7%0.0%9.5%-17.4%0000.00192.49N/AN/A0000
2008-03-12$43.75$0.0086.5%12.7%20.8%51.4%0.0%9.7%-17.8%0000.00192.99N/AN/A0000
2008-03-13$43.79$0.0034.5%9.9%20.7%17.3%0.0%0.0%-13.0%0000.00158.52N/AN/A0000
2008-03-14$42.83$0.0046.6%13.4%22.3%25.3%0.0%3.2%-19.0%0000.00194.11N/AN/A0000
2008-03-17$42.16$0.00100.6%28.8%22.9%60.6%0.0%0.7%-41.4%0000.00200.00N/AN/A0000
2008-03-18$43.45$0.0049.0%14.1%24.9%26.9%0.0%8.7%-19.9%0000.00194.03N/AN/A0000
2008-03-19$41.85$0.0051.4%14.8%28.1%28.4%0.0%-5.5%-22.5%0000.00191.16N/AN/A0000
2008-03-20$42.28$0.0052.0%14.9%28.4%28.8%0.0%-1.7%-22.1%0000.00193.58N/AN/A0000
2008-03-24$43.13$0.0054.7%15.7%29.1%30.5%0.0%6.4%-16.7%0000.00194.57N/AN/A0000
2008-03-25$43.87$0.0054.7%15.7%29.3%30.5%0.0%12.3%-17.4%0000.00192.75N/AN/A0000
2008-03-26$43.83$0.0055.8%16.0%28.5%31.3%0.0%12.4%-18.3%0000.00192.34N/AN/A0000
2008-03-27$43.90$0.0057.0%16.3%28.5%32.0%0.0%13.0%-19.0%0000.00191.37N/AN/A0000
2008-03-28$43.81$0.0058.3%16.7%28.4%32.9%0.0%65.8%-20.1%0000.00191.88N/AN/A0000
2008-03-31$44.08$0.0062.6%17.9%27.1%35.7%0.0%15.0%-22.7%0000.00191.16N/AN/A0000