VEA Options History — July 2025

In July 2025, VEA traded between $56.33 and $58.47. ATM implied volatility averaged 12.8%, placing in the 16.1% IV rank vs the trailing year. The 30-day expected move averaged 3.7%. IV traded above realized volatility by 0.6% (HV 20d: 12.3%). Max pain ranged from $54.00 to $57.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 0.89.

Notable Days

  • 2025-07-21: Highest Volume — 608 contracts
  • 2025-07-11: Largest IV spike — 28.1% change
  • 2025-07-28: Highest IV Rank — 18.9%
  • 2025-07-28: Largest Expected Move — 4.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$57.08$56.33$58.47$57.00$56.33
Max Pain$55.91$54.00$57.00$55.00$57.00
ATM IV12.8%10.2%13.9%12.4%13.6%
Expected Move3.7%2.9%4.0%3.5%3.9%
HV 20d12.3%10.4%13.6%12.3%13.0%
HV 60d13.6%10.3%25.8%25.8%11.5%
IV Rank16.1%9.0%18.9%14.9%18.3%
IV Percentile35.0%9.5%51.2%30.2%47.2%
Term Structure0.7%-0.3%3.4%1.1%1.4%
VWIV12.9%9.7%15.4%12.3%13.9%
Skew 25d3.4%-3.4%9.3%2.7%2.7%
Skew 10d4.8%-1.0%12.4%1.0%-0.8%
Call IV 25d10.6%6.6%12.6%10.9%12.0%
Put IV 25d14.0%8.7%16.3%13.5%14.7%
Bid-Ask Spread %83.8269.0192.9289.6592.17
Gamma HHI0.190.160.250.170.16
Net GEX890.1K768.8K1.1M774.5K802.7K
Net DEX-15.7M-18.4M-12.6M-15.6M-12.6M
Net VEX-42.5K-47.2K-38.4K-42.6K-45.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.094.780.134.78
Total Volume206.2732760888318
Total OI6,704.56,1457,1846,2987,184

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-07-01$57.00$55.0012.4%3.5%12.3%14.9%12.3%2.7%1.1%774.5K-15.6M-42.6K0.1389.65N/AN/A78104,4541,844
2025-07-02$57.09$55.0013.0%3.7%12.1%16.5%13.8%3.5%0.1%790.0K-16.2M-41.3K2.8579.43N/AN/A26744,4771,848
2025-07-03$57.20$56.0012.2%3.8%12.0%14.4%12.7%4.0%3.4%802.9K-16.3M-41.9K0.2984.90N/AN/A2164,4861,919
2025-07-07$56.53$56.0012.9%3.8%12.8%16.4%9.7%9.3%1.8%790.9K-14.5M-41.5K0.1685.21N/AN/A134224,4891,923
2025-07-08$56.91$56.0012.6%3.8%12.9%15.5%13.2%7.7%0.5%902.7K-15.7M-40.8K0.0988.72N/AN/A3334,5801,942
2025-07-09$57.33$56.0012.6%3.6%13.2%15.6%14.1%7.0%0.9%947.0K-17.4M-38.4K1.0792.92N/AN/A1211294,6121,943
2025-07-10$57.38$56.0010.2%2.9%13.2%9.0%11.1%6.7%-0.3%978.1K-17.2M-40.5K0.4389.79N/AN/A127544,6482,029
2025-07-11$56.89$56.0013.0%3.7%13.6%16.6%13.5%7.2%-0.2%988.5K-15.4M-42.8K0.3584.48N/AN/A57204,6692,082
2025-07-14$56.89$56.0013.0%3.7%13.3%16.7%13.1%3.8%0.7%988.6K-15.6M-40.9K2.3469.01N/AN/A561314,6732,085
2025-07-15$56.42$56.0013.8%3.9%12.7%18.7%15.4%2.0%0.0%964.9K-13.9M-40.3K0.4282.33N/AN/A2841204,7062,128
2025-07-16$56.64$54.0013.1%3.8%12.5%16.9%13.1%3.8%0.1%1.1M-14.9M-42.2K0.1784.07N/AN/A195344,8222,231
2025-07-17$56.77$55.0012.4%3.5%11.6%14.9%12.4%3.8%1.6%1.1M-15.6M-40.5K0.9083.41N/AN/A97874,8372,233
2025-07-18$56.59$56.0013.3%3.8%11.7%17.4%13.2%-3.4%0.3%783.9K-15.0M-41.0K0.4985.08N/AN/A90444,8592,274
2025-07-21$57.00$56.0013.0%3.7%10.4%16.5%11.3%-1.0%0.6%768.8K-15.0M-39.1K0.6681.25N/AN/A3662424,3411,804
2025-07-22$57.30$56.0013.6%3.9%10.4%18.1%13.1%4.2%0.4%781.8K-14.9M-44.5K0.3874.37N/AN/A162624,4831,847
2025-07-23$58.47$56.0012.6%3.6%11.5%15.5%12.8%2.4%0.7%830.5K-18.4M-42.2K0.1579.30N/AN/A345514,6171,894
2025-07-24$58.14$56.0012.8%3.7%11.6%16.0%12.2%3.2%-0.0%900.0K-18.4M-44.6K0.9478.18N/AN/A47444,8231,902
2025-07-25$58.00$56.0012.8%3.7%11.3%16.0%13.0%3.4%0.5%891.5K-17.5M-46.3K0.2683.89N/AN/A160414,8431,924
2025-07-28$57.11$56.0013.9%4.0%12.6%18.9%14.6%2.8%-0.2%926.8K-15.5M-47.2K1.5383.40N/AN/A1251914,9371,938
2025-07-29$57.11$57.0012.7%3.6%12.5%15.8%11.8%-2.9%0.5%920.9K-15.3M-46.6K0.9585.81N/AN/A22214,9802,094
2025-07-30$56.61$57.0012.8%3.7%12.9%16.1%13.6%2.6%0.4%841.0K-13.7M-45.2K0.3686.64N/AN/A212764,9822,113
2025-07-31$56.33$57.0013.6%3.9%13.0%18.3%13.9%2.7%1.4%802.7K-12.6M-45.7K4.7892.17N/AN/A552635,1112,073