VEA Options History — May 2009

In May 2009, VEA traded between $26.09 and $29.09. ATM implied volatility averaged 29.1%, placing in the 9.4% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded below realized volatility by 4.6% (HV 20d: 33.7%). Max pain ranged from $23.00 to $24.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 0.22.

Notable Days

  • 2009-05-06: Highest Volume — 202 contracts
  • 2009-05-06: Largest IV drop — 14.9% change
  • 2009-05-14: Highest IV Rank — 12.1%
  • 2009-05-13: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.70$26.09$29.09$26.09$29.09
Max Pain$23.95$23.00$24.00$23.00$24.00
ATM IV29.1%23.3%32.6%31.2%23.3%
Expected Move8.6%6.7%9.7%9.0%6.7%
HV 20d33.7%28.7%37.7%28.7%33.8%
HV 60d41.4%38.2%43.1%42.2%38.2%
IV Rank9.4%5.0%12.1%11.1%5.0%
IV Percentile13.9%11.9%18.3%13.5%11.9%
Term Structure1.7%-0.2%5.9%2.7%3.8%
VWIV31.3%24.4%38.7%38.4%26.2%
Skew 25d7.6%4.3%11.5%6.1%11.5%
Skew 10d15.7%4.7%38.8%4.7%38.8%
Call IV 25d25.9%14.2%30.0%27.1%14.2%
Put IV 25d33.5%25.7%37.5%33.2%25.7%
Bid-Ask Spread %44.6034.7388.7754.8549.00
Gamma HHI0.160.140.220.220.20
Net GEX53.2K36.6K62.6K44.4K56.8K
Net DEX-2.3M-3.2M-1.2M-1.2M-3.2M
Net VEX-8.7K-9.5K-7.5K-8.4K-7.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.220.001.330.000.00
Total Volume27.95020200
Total OI2,6322,3442,7802,3442,780

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-05-01$26.09$23.0031.2%9.0%28.7%11.1%0.0%6.1%2.7%44.4K-1.2M-8.4K0.0054.85N/AN/A001,526818
2009-05-04$27.06$24.0032.5%9.2%31.1%12.0%38.4%9.1%1.1%41.3K-1.6M-8.3K0.0046.59N/AN/A0101,526818
2009-05-05$26.69$24.0031.7%9.5%30.7%11.4%38.7%9.3%0.8%40.9K-1.6M-8.3K0.0049.28N/AN/A2001,526828
2009-05-06$27.51$24.0027.0%8.7%30.5%7.8%29.0%8.6%1.6%36.6K-1.8M-8.4K0.0046.30N/AN/A20201,526828
2009-05-07$27.10$24.0030.8%9.4%31.4%10.7%0.0%8.4%1.1%53.7K-1.9M-9.2K0.0044.75N/AN/A3301,705828
2009-05-08$28.21$24.0028.9%8.8%33.1%9.3%0.0%7.6%1.7%47.2K-2.4M-9.4K0.0043.01N/AN/A001,738828
2009-05-11$27.57$24.0030.0%9.1%34.7%10.1%30.5%7.3%0.6%52.4K-2.2M-9.1K0.0043.86N/AN/A4001,738828
2009-05-12$27.80$24.0028.4%9.0%34.4%8.9%0.0%8.6%0.7%54.4K-2.3M-9.1K0.0088.77N/AN/A001,778828
2009-05-13$26.85$24.0031.4%9.7%37.2%11.2%0.0%6.9%0.2%59.4K-1.9M-9.0K1.3342.22N/AN/A60801,778828
2009-05-14$27.17$24.0032.6%9.4%37.3%12.1%0.0%9.1%-0.2%59.7K-1.9M-9.5K0.0040.77N/AN/A1001,838908
2009-05-15$26.85$24.0031.1%8.9%37.7%10.9%0.0%7.3%1.8%62.6K-1.8M-9.3K0.0037.98N/AN/A001,848908
2009-05-18$27.91$24.0029.3%8.4%35.2%9.6%24.4%8.1%0.7%57.8K-2.4M-8.9K0.0043.22N/AN/A031,846907
2009-05-19$28.09$24.0027.1%7.8%34.8%7.9%0.0%6.3%3.8%57.4K-2.5M-8.9K0.0038.18N/AN/A901,846904
2009-05-20$28.29$24.0028.1%8.0%34.5%8.6%27.9%4.4%1.6%54.5K-2.6M-8.7K1.0742.03N/AN/A27291,846904
2009-05-21$28.02$24.0029.2%8.4%34.3%9.5%0.0%7.6%0.8%60.5K-2.6M-8.7K0.0039.72N/AN/A0101,873883
2009-05-22$28.24$24.0028.3%8.1%34.1%8.8%0.0%6.6%1.3%57.9K-2.7M-8.5K0.0034.73N/AN/A001,873893
2009-05-26$28.74$24.0026.2%7.5%33.6%7.2%35.6%7.2%2.0%51.6K-2.9M-8.4K0.0035.00N/AN/A1701,873893
2009-05-27$28.27$24.0028.4%8.2%34.3%8.9%0.0%4.3%1.9%56.1K-2.8M-8.0K0.0035.36N/AN/A201,878893
2009-05-28$28.47$24.0026.5%7.6%33.4%7.5%26.2%7.2%5.9%58.6K-2.9M-8.0K0.0036.31N/AN/A701,880893
2009-05-29$29.09$24.0023.3%6.7%33.8%5.0%0.0%11.5%3.8%56.8K-3.2M-7.5K0.0049.00N/AN/A001,887893