VEA Options History — April 2025

In April 2025, VEA traded between $45.25 and $52.95. ATM implied volatility averaged 22.3%, placing in the 49.6% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded below realized volatility by 14.5% (HV 20d: 36.8%). Max pain ranged from $48.00 to $52.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.63.

Notable Days

  • 2025-04-08: Highest Volume — 3,905 contracts
  • 2025-04-10: Largest IV spike — 59.0% change
  • 2025-04-04: Highest IV Rank — 100.0%
  • 2025-04-08: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.23$45.25$52.95$50.95$52.84
Max Pain$49.19$48.00$52.00$52.00$50.00
ATM IV22.3%13.5%44.1%17.6%16.0%
Expected Move6.0%3.9%9.1%4.8%4.6%
HV 20d36.8%16.0%43.7%17.6%43.5%
HV 60d24.1%13.8%27.5%13.8%27.4%
IV Rank49.6%18.0%100.0%65.6%24.7%
IV Percentile91.2%52.8%100.0%92.9%77.8%
Term Structure0.3%-4.2%7.3%-0.6%1.9%
VWIV20.1%13.3%39.0%14.5%15.9%
Skew 25d4.9%-4.2%10.8%4.3%3.9%
Skew 10d8.1%-6.3%23.6%8.4%4.1%
Call IV 25d16.1%7.4%25.4%16.0%14.4%
Put IV 25d21.0%11.8%32.4%20.2%18.3%
Bid-Ask Spread %80.5461.51100.8561.5188.72
Gamma HHI0.150.140.200.150.16
Net GEX1.7M598.9K2.1M1.8M1.9M
Net DEX-28.3M-43.7M-829.6K-22.1M-38.2M
Net VEX-92.7K-111.8K-71.9K-95.8K-80.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.002.900.180.65
Total Volume482.762343,90572191
Total OI16,055.33313,85318,90013,85314,843

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$50.95$52.0017.6%4.8%17.6%65.6%14.5%4.3%-0.6%1.8M-22.1M-95.8K0.1861.51N/AN/A611111,0712,782
2025-04-02$51.14$52.0018.6%4.5%16.0%71.9%19.6%10.8%1.9%1.9M-24.1M-94.0K2.0981.72N/AN/A112311,0882,787
2025-04-03$50.05$52.0017.3%5.3%17.2%63.6%16.4%0.1%-0.1%1.5M-18.1M-92.8K0.7482.16N/AN/A463411,0922,807
2025-04-04$47.27$51.0025.9%7.1%25.6%100.0%23.2%4.3%-1.9%813.1K-5.2M-80.0K0.2597.76N/AN/A63515611,0832,822
2025-04-07$45.90$51.0040.5%8.1%26.3%100.0%27.7%7.1%-2.5%672.2K-2.1M-73.1K0.9085.50N/AN/A22320011,3062,897
2025-04-08$45.25$51.0044.1%9.1%26.3%100.0%16.1%5.4%-1.3%598.9K-829.6K-71.9K0.0491.77N/AN/A3,74516011,4293,081
2025-04-09$48.99$48.0019.3%5.5%40.2%33.4%25.1%7.2%7.3%2.1M-25.2M-111.1K0.19100.85N/AN/A3256115,3553,067
2025-04-10$47.66$48.0030.6%8.8%41.1%63.9%39.0%-2.4%-4.2%1.9M-18.0M-108.0K0.8491.39N/AN/A191615,4243,055
2025-04-11$49.36$48.0026.6%7.6%42.7%53.2%22.9%10.2%-0.7%2.1M-28.4M-111.8K0.2067.08N/AN/A741515,4393,067
2025-04-14$50.12$48.0023.1%6.6%42.8%43.6%23.0%-4.2%-1.1%2.1M-34.6M-105.1K0.9478.26N/AN/A858015,4953,076
2025-04-15$50.36$48.0021.4%6.1%42.9%39.2%19.1%9.2%1.1%1.8M-36.9M-102.0K0.6077.10N/AN/A16910215,5613,134
2025-04-16$50.14$48.0020.4%5.8%42.8%36.4%20.3%8.6%0.2%1.5M-35.4M-102.0K0.2578.97N/AN/A1393515,6163,231
2025-04-17$50.83$48.0018.6%5.3%43.1%31.7%17.9%4.5%-0.2%1.7M-40.7M-96.6K0.2667.44N/AN/A3749615,6523,248
2025-04-21$50.47$48.0023.6%6.8%43.0%45.0%20.4%7.0%-1.5%1.7M-28.2M-96.5K0.6171.84N/AN/A21413112,1012,954
2025-04-22$51.53$48.0020.0%5.7%43.7%35.5%18.6%8.3%-0.5%1.8M-35.3M-94.6K0.0976.51N/AN/A2162012,2753,061
2025-04-23$51.58$48.0019.3%5.5%43.7%33.5%18.4%5.7%1.5%1.8M-36.0M-93.4K0.2274.41N/AN/A681512,3633,077
2025-04-24$52.30$48.0019.0%5.4%43.7%32.7%17.8%6.2%2.1%1.8M-40.1M-90.7K1.2274.08N/AN/A17821712,3933,075
2025-04-25$52.41$48.0013.5%3.9%43.7%18.0%13.3%-3.5%1.3%1.9M-41.2M-87.2K0.0680.15N/AN/A1591012,4783,279
2025-04-28$52.75$48.0016.4%4.7%43.5%25.7%16.8%5.1%1.1%2.0M-43.7M-80.9K0.0081.32N/AN/A1,667512,5843,284
2025-04-29$52.95$50.0015.5%4.4%43.4%23.2%16.4%5.2%1.7%1.9M-39.2M-78.4K2.9082.75N/AN/A3911311,4443,286
2025-04-30$52.84$50.0016.0%4.6%43.5%24.7%15.9%3.9%1.9%1.9M-38.2M-80.9K0.6588.72N/AN/A1167511,4553,388