VEA Options History — April 2008

In April 2008, VEA traded between $44.55 and $46.66. ATM implied volatility averaged 57.9%, placing in the 32.6% IV rank vs the trailing year. The 30-day expected move averaged 14.7%. IV traded above realized volatility by 35.1% (HV 20d: 22.8%). Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 0 of 22 days.

Notable Days

  • 2008-04-10: Largest IV drop — 47.8% change
  • 2008-04-09: Highest IV Rank — 49.7%
  • 2008-04-03: Largest Expected Move — 18.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.79$44.55$46.66$45.36$46.45
ATM IV57.9%43.8%84.0%62.6%62.9%
Expected Move14.7%11.6%18.8%17.9%18.0%
HV 20d22.8%16.8%28.9%28.9%16.8%
HV 60d24.2%22.9%25.6%25.5%22.9%
IV Rank32.6%23.4%49.7%35.7%35.9%
IV Percentile53.7%13.1%89.7%71.6%73.2%
Term Structure-17.9%-27.0%-10.9%-22.7%-25.9%
Skew 25d16.7%9.2%24.2%21.6%22.0%
Skew 10d28.4%13.6%40.5%32.9%40.5%
Call IV 25d55.4%40.8%67.7%65.6%65.5%
Put IV 25d72.1%57.4%91.9%87.2%87.5%
Bid-Ask Spread %179.06173.66187.22181.40176.43
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-04-01$45.36$0.0062.6%17.9%28.9%35.7%0.0%21.6%-22.7%0000.00181.40N/AN/A0000
2008-04-02$45.51$0.0063.5%18.2%28.4%36.3%0.0%22.9%-25.8%0000.00180.15N/AN/A0000
2008-04-03$45.63$0.0065.4%18.8%28.3%37.6%0.0%24.2%-27.0%0000.00178.44N/AN/A0000
2008-04-04$45.84$0.0070.4%11.6%27.9%40.8%0.0%16.5%-10.9%0000.00175.24N/AN/A0000
2008-04-07$46.02$0.0075.3%11.8%27.2%44.1%0.0%17.2%-11.2%0000.00173.93N/AN/A0000
2008-04-08$45.62$0.0078.9%12.0%27.2%46.4%0.0%12.3%-12.0%0000.00179.86N/AN/A0000
2008-04-09$45.33$0.0084.0%12.4%25.3%49.7%0.0%11.5%-11.7%0000.00182.24N/AN/A0000
2008-04-10$45.14$0.0043.8%12.6%25.4%23.4%0.0%11.1%-12.3%0000.00183.67N/AN/A0000
2008-04-11$44.55$0.0044.6%12.8%25.9%24.0%0.0%9.2%-13.5%0000.00186.81N/AN/A0000
2008-04-14$44.58$0.0046.6%13.4%24.4%25.3%0.0%9.7%-14.8%0000.00187.22N/AN/A0000
2008-04-15$44.84$0.0047.3%13.5%23.5%25.7%0.0%10.7%-14.9%0000.00186.77N/AN/A0000
2008-04-16$46.38$0.0046.6%13.4%24.1%25.3%0.0%16.6%-14.2%0000.00174.29N/AN/A0000
2008-04-17$45.89$0.0047.7%13.7%19.5%26.0%0.0%14.8%-15.6%0000.00179.04N/AN/A0000
2008-04-18$46.17$0.0048.4%13.9%19.4%26.4%0.0%16.2%-15.6%0000.00177.75N/AN/A0000
2008-04-21$46.53$0.0050.3%14.4%18.6%27.7%0.0%18.4%-18.4%0000.00174.45N/AN/A0000
2008-04-22$46.01$0.0052.2%15.0%18.7%28.9%0.0%16.6%-18.7%0000.00177.96N/AN/A0000
2008-04-23$46.18$0.0053.1%15.2%18.6%29.5%0.0%17.6%-19.1%0000.00177.75N/AN/A0000
2008-04-24$45.95$0.0054.5%15.6%18.8%30.4%0.0%17.0%-20.4%0000.00179.13N/AN/A0000
2008-04-25$46.47$0.0055.3%15.8%19.0%30.9%0.0%19.6%-20.1%0000.00175.64N/AN/A0000
2008-04-28$46.66$0.0058.8%16.8%19.0%33.2%0.0%21.9%-24.9%0000.00173.66N/AN/A0000
2008-04-29$46.22$0.0061.3%17.6%16.8%34.9%0.0%20.4%-25.2%0000.00177.59N/AN/A0000
2008-04-30$46.45$0.0062.9%18.0%16.8%35.9%0.0%22.0%-25.9%0000.00176.43N/AN/A0000