VEA Options History — February 2026

In February 2026, VEA traded between $65.94 and $70.32. ATM implied volatility averaged 15.3%, placing in the 22.6% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded above realized volatility by 1.5% (HV 20d: 13.8%). Max pain ranged from $61.00 to $64.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 0.31.

Notable Days

  • 2026-02-18: Highest Volume — 11,378 contracts
  • 2026-02-18: Largest IV spike — 20.5% change
  • 2026-02-18: Highest IV Rank — 28.0%
  • 2026-02-18: Largest Expected Move — 5.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$68.51$65.94$70.32$66.38$70.31
Max Pain$61.74$61.00$64.00$64.00$62.00
ATM IV15.3%12.7%17.3%14.0%16.1%
Expected Move4.4%3.8%5.0%4.0%4.6%
HV 20d13.8%11.3%15.2%12.0%13.5%
HV 60d11.9%11.3%12.8%11.7%11.3%
IV Rank22.6%15.7%28.0%19.2%24.8%
IV Percentile75.9%37.3%90.5%66.7%83.7%
Term Structure0.6%-3.2%3.1%2.4%-1.4%
VWIV16.5%11.5%21.2%15.0%15.3%
Skew 25d4.9%-0.2%8.4%2.8%4.9%
Skew 10d8.3%-0.2%15.7%9.5%-0.2%
Call IV 25d13.1%9.1%14.9%13.1%13.4%
Put IV 25d18.0%13.0%21.1%15.9%18.3%
Bid-Ask Spread %88.0380.9593.4483.1893.44
Gamma HHI0.280.150.360.340.32
Net GEX6.8M3.4M12.6M5.2M12.6M
Net DEX-80.0M-105.9M-50.4M-54.1M-105.6M
Net VEX-186.0K-299.2K-112.8K-128.7K-299.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.310.011.230.120.03
Total Volume1,874.47422011,378415230
Total OI23,352.78916,79733,09216,79733,092

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$66.38$64.0014.0%4.0%12.0%19.2%15.0%2.8%2.4%5.2M-54.1M-128.7K0.1283.18N/AN/A3714413,8862,911
2026-02-03$66.56$64.0014.5%4.2%11.3%20.5%11.5%4.3%0.3%5.2M-56.3M-132.7K1.2390.30N/AN/A22928114,2002,945
2026-02-04$66.91$64.0014.7%4.2%11.3%21.1%13.8%-0.2%1.9%5.1M-59.4M-136.9K0.6291.13N/AN/A47829614,3563,210
2026-02-05$65.94$61.0015.9%4.7%12.6%24.2%18.2%4.0%0.3%5.4M-50.4M-142.2K0.7286.19N/AN/A1289214,4493,314
2026-02-06$67.31$61.0016.0%4.0%14.3%24.5%17.0%6.7%-0.6%5.3M-62.6M-135.2K0.0286.52N/AN/A8601614,5183,396
2026-02-09$68.41$61.0014.1%3.8%14.9%19.5%16.8%4.9%3.1%4.0M-74.1M-112.8K0.4983.14N/AN/A77237714,2863,404
2026-02-10$68.66$61.0012.7%4.0%14.9%15.7%21.2%8.4%2.3%3.8M-75.2M-120.9K0.1190.03N/AN/A1,53317214,7143,692
2026-02-11$69.09$61.0014.4%4.1%14.6%20.1%17.6%4.8%0.4%3.4M-82.1M-123.7K0.0293.12N/AN/A1,6192915,5003,829
2026-02-12$68.57$61.0016.5%4.7%15.1%25.8%17.5%3.1%0.6%3.8M-81.9M-147.6K0.0290.43N/AN/A1,7443316,7163,840
2026-02-13$68.60$61.0015.5%4.5%15.1%23.3%19.8%6.7%2.4%3.7M-79.0M-158.6K0.3484.91N/AN/A43714716,7923,844
2026-02-17$68.61$61.0014.4%4.1%15.2%20.1%19.6%7.1%0.1%3.9M-79.4M-167.1K0.6689.58N/AN/A38425317,5563,972
2026-02-18$68.75$61.0017.3%5.0%14.0%28.0%14.0%7.1%1.4%3.4M-81.7M-163.6K0.0188.06N/AN/A11,2997917,5574,184
2026-02-19$68.70$61.0016.3%4.7%13.7%25.3%17.3%8.1%3.0%8.8M-94.8M-225.2K0.1090.38N/AN/A2963125,1434,205
2026-02-20$69.48$61.0014.2%4.1%14.0%19.6%15.0%2.9%1.5%8.3M-103.6M-224.4K0.0183.10N/AN/A9,5477025,1434,209
2026-02-23$69.19$62.0016.6%4.8%14.2%26.2%16.3%4.7%-0.6%10.4M-82.3M-264.2K0.4380.95N/AN/A64027726,4373,651
2026-02-24$69.59$62.0015.2%4.4%14.2%22.3%14.4%5.3%0.3%11.8M-88.9M-271.9K0.1285.76N/AN/A5416326,9403,906
2026-02-25$70.28$62.0014.8%4.3%13.7%21.4%15.8%2.1%-2.1%12.6M-103.1M-283.7K0.1791.26N/AN/A1,34723227,3853,938
2026-02-26$70.32$62.0016.8%4.8%13.5%26.8%16.7%4.6%-3.2%12.3M-105.9M-296.2K0.7891.07N/AN/A37629228,4214,162
2026-02-27$70.31$62.0016.1%4.6%13.5%24.8%15.3%4.9%-1.4%12.6M-105.6M-299.2K0.0393.44N/AN/A224628,6834,409