VEA Options History — May 2008

In May 2008, VEA traded between $46.44 and $48.13. ATM implied volatility averaged 69.1%, placing in the 40.0% IV rank vs the trailing year. The 30-day expected move averaged 13.2%. IV traded above realized volatility by 54.3% (HV 20d: 14.8%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 0 of 21 days.

Notable Days

  • 2008-05-15: Largest IV drop — 72.0% change
  • 2008-05-14: Highest IV Rank — 91.3%
  • 2008-05-02: Largest Expected Move — 18.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$47.08$46.44$48.13$46.82$47.01
ATM IV69.1%41.3%147.5%63.9%54.5%
Expected Move13.2%10.7%18.9%18.3%15.6%
HV 20d14.8%12.2%17.5%17.0%13.2%
HV 60d21.0%20.2%21.4%21.3%20.2%
IV Rank40.0%21.7%91.3%36.6%30.4%
IV Percentile56.6%7.0%99.0%73.8%51.2%
Term Structure-17.6%-30.2%-11.6%-28.8%-18.4%
Skew 25d3.2%0.6%26.0%24.5%1.2%
Skew 10d14.8%6.6%48.7%45.9%14.0%
Call IV 25d61.4%51.7%76.6%65.0%74.9%
Put IV 25d64.6%52.4%92.2%89.5%76.1%
Bid-Ask Spread %168.86167.69173.38173.38169.34
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-05-01$46.82$0.0063.9%18.3%17.0%36.6%0.0%24.5%-28.8%0000.00173.38N/AN/A0000
2008-05-02$46.94$0.0066.0%18.9%17.0%37.9%0.0%26.0%-30.2%0000.00171.17N/AN/A0000
2008-05-05$47.01$0.0073.7%10.7%16.9%43.0%0.0%0.6%-14.9%0000.00167.82N/AN/A0000
2008-05-06$47.19$0.0076.8%10.8%16.6%45.0%0.0%0.6%-14.5%0000.00167.74N/AN/A0000
2008-05-07$46.44$0.0082.0%11.1%17.5%48.4%0.0%0.7%-14.2%0000.00167.69N/AN/A0000
2008-05-08$46.72$0.0085.3%11.1%17.5%50.6%0.0%0.7%-17.3%0000.00168.13N/AN/A0000
2008-05-09$46.56$0.0090.6%11.2%16.7%54.0%0.0%0.7%-18.0%0000.00167.85N/AN/A0000
2008-05-12$47.00$0.00114.2%11.6%16.9%69.5%0.0%0.7%-17.9%0000.00168.54N/AN/A0000
2008-05-13$46.83$0.00127.8%11.7%17.0%78.4%0.0%0.7%-19.1%0000.00168.35N/AN/A0000
2008-05-14$46.86$0.00147.5%11.9%12.2%91.3%0.0%0.8%-19.5%0000.00168.34N/AN/A0000
2008-05-15$47.56$0.0041.3%11.8%12.5%21.7%0.0%0.8%-20.2%0000.00168.26N/AN/A0000
2008-05-16$48.13$0.0041.6%11.9%12.9%22.0%0.0%0.8%-19.1%0000.00168.29N/AN/A0000
2008-05-19$48.05$0.0043.5%12.5%12.8%23.2%0.0%0.9%-11.6%0000.00168.53N/AN/A0000
2008-05-20$47.61$0.0044.4%12.7%12.5%23.8%0.0%0.9%-12.5%0000.00168.61N/AN/A0000
2008-05-21$47.08$0.0045.8%13.1%13.3%24.7%0.0%1.0%-12.6%0000.00168.91N/AN/A0000
2008-05-22$47.53$0.0045.8%13.1%13.4%24.7%0.0%1.0%-13.6%0000.00168.86N/AN/A0000
2008-05-23$46.90$0.0047.5%13.6%13.9%25.8%0.0%1.1%-13.9%0000.00169.04N/AN/A0000
2008-05-27$46.85$0.0051.2%14.7%13.9%28.2%0.0%1.1%-16.4%0000.00169.08N/AN/A0000
2008-05-28$46.92$0.0052.2%15.0%13.4%28.9%0.0%1.2%-17.0%0000.00169.17N/AN/A0000
2008-05-29$46.77$0.0054.8%15.7%13.4%30.6%0.0%1.1%-19.1%0000.00169.07N/AN/A0000
2008-05-30$47.01$0.0054.5%15.6%13.2%30.4%0.0%1.2%-18.4%0000.00169.34N/AN/A0000