VEA Options History — December 2021

In December 2021, VEA traded between $49.33 and $51.52. ATM implied volatility averaged 15.6%, placing in the 57.2% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded below realized volatility by 0.4% (HV 20d: 16.1%). Max pain ranged from $50.00 to $51.00. Net GEX was positive for 12 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 1.33.

Notable Days

  • 2021-12-28: Highest Volume — 3,755 contracts
  • 2021-12-15: Largest IV drop — 41.7% change
  • 2021-12-02: Highest IV Rank — 100.0%
  • 2021-12-03: Largest Expected Move — 6.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.68$49.33$51.52$49.72$51.21
Max Pain$50.18$50.00$51.00$51.00$50.00
ATM IV15.6%11.1%22.5%20.8%11.1%
Expected Move4.3%3.2%6.5%6.0%3.2%
HV 20d16.1%12.2%19.5%12.2%16.3%
HV 60d13.6%13.1%14.3%13.1%13.2%
IV Rank57.2%27.8%100.0%99.9%27.8%
IV Percentile65.6%16.7%100.0%99.6%16.7%
Term Structure1.0%-3.6%2.7%-2.9%2.0%
VWIV15.9%10.8%24.4%20.8%11.4%
Skew 25d5.3%3.2%9.2%7.9%3.2%
Skew 10d11.0%2.8%16.4%11.3%10.5%
Call IV 25d13.1%9.8%19.6%18.4%10.3%
Put IV 25d18.4%13.4%26.3%26.3%13.4%
Bid-Ask Spread %51.4721.3382.5667.7241.23
Gamma HHI0.170.100.260.100.24
Net GEX78.8K-312.4K630.4K-83.3K395.0K
Net DEX1.6M-5.0M7.9M-596.7K2.8M
Net VEX-21.2K-25.2K-16.5K-22.0K-25.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.330.442.360.511.65
Total Volume2,566.7271,0623,7551,1223,514
Total OI6,4044,5068,3816,2765,727

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$49.72$51.0020.8%6.0%12.2%99.9%20.8%7.9%-2.9%-83.3K-596.7K-22.0K0.5167.72N/AN/A7453773,6312,645
2021-12-02$50.19$51.0021.2%6.1%12.5%100.0%22.2%9.2%-3.1%-96.1K-783.7K-19.7K0.5074.92N/AN/A7373653,6762,701
2021-12-03$49.67$51.0022.5%6.5%12.8%100.0%24.4%6.0%-3.6%-87.5K-397.1K-22.0K0.5565.90N/AN/A6873753,6872,704
2021-12-06$50.35$50.0020.4%5.2%14.0%86.8%20.3%8.1%1.2%20.9K-1.5M-20.8K0.5165.95N/AN/A7683953,6892,723
2021-12-07$51.33$50.0017.2%4.5%15.9%66.3%20.3%6.8%2.4%369.2K-3.6M-18.6K0.4455.33N/AN/A9394163,7782,774
2021-12-08$51.52$50.0014.2%3.9%16.1%47.2%18.4%5.7%2.0%630.4K-5.0M-23.3K0.4525.60N/AN/A9334244,0362,778
2021-12-09$51.11$50.0016.5%4.4%15.5%61.9%18.7%3.5%1.3%230.5K-3.5M-20.7K0.5869.88N/AN/A9575514,0432,796
2021-12-10$51.16$50.0014.4%3.9%15.4%48.9%17.4%5.4%2.2%288.3K-3.5M-21.7K0.6673.56N/AN/A9356174,0612,955
2021-12-13$50.67$50.0016.6%3.6%15.4%62.2%15.6%4.4%1.7%-164.3K-1.7M-20.1K2.3682.56N/AN/A8421,9844,0663,084
2021-12-14$50.32$50.0021.3%4.3%15.5%92.4%15.5%4.5%1.5%-312.4K4.8M-18.5K2.3521.33N/AN/A8572,0144,0414,305
2021-12-15$50.87$50.0012.4%3.6%16.2%36.2%12.4%4.2%2.7%-230.8K2.7M-17.2K2.2958.45N/AN/A8321,9084,0704,173
2021-12-16$50.99$50.0013.6%3.9%16.2%43.3%13.1%3.5%1.8%-297.7K2.5M-16.5K1.6628.30N/AN/A1,1341,8854,0854,211
2021-12-17$50.50$50.0014.3%4.1%16.5%48.2%13.3%3.9%1.6%-117.3K3.8M-17.3K1.9065.64N/AN/A1,1782,2374,1494,232
2021-12-20$49.33$51.0018.6%5.3%18.1%74.9%16.9%7.1%0.3%-122.3K7.9M-20.1K1.3326.85N/AN/A1,4291,9061,5132,993
2021-12-21$49.91$50.0015.2%4.4%18.8%53.8%15.3%6.3%1.7%-30.2K5.9M-23.6K1.7643.70N/AN/A1,1682,0581,8953,004
2021-12-22$50.48$50.0014.6%4.2%19.3%50.2%14.1%5.6%1.5%39.0K5.5M-21.5K1.7963.35N/AN/A1,2142,1751,9583,213
2021-12-23$50.84$50.0011.7%3.3%19.5%31.4%13.0%5.5%1.5%112.6K5.2M-21.2K1.6929.45N/AN/A1,2872,1762,0173,338
2021-12-27$51.16$50.0011.9%3.4%17.1%32.7%10.8%4.3%1.4%186.1K4.1M-23.3K1.4924.71N/AN/A1,4472,1602,1143,367
2021-12-28$51.30$50.0012.0%3.4%17.0%33.3%14.2%4.7%1.6%333.5K3.5M-24.3K1.6024.21N/AN/A1,4462,3092,2583,239
2021-12-29$51.24$50.0011.8%3.4%16.5%32.2%11.2%3.8%1.3%335.1K3.5M-24.7K1.6057.03N/AN/A1,3602,1742,3333,257
2021-12-30$51.11$50.0011.4%3.3%16.6%29.7%11.3%3.6%1.7%334.9K2.9M-24.5K1.6966.72N/AN/A1,3212,2322,3943,175
2021-12-31$51.21$50.0011.1%3.2%16.3%27.8%11.4%3.2%2.0%395.0K2.8M-25.2K1.6541.23N/AN/A1,3262,1882,4763,251