VGIT Options History — February 2023

In February 2023, VGIT traded between $58.14 and $60.09. ATM implied volatility averaged 7.5%, placing in the 5.5% IV rank vs the trailing year. The 30-day expected move averaged 2.1%. IV traded above realized volatility by 1.5% (HV 20d: 6.0%). Max pain ranged from $57.00 to $60.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 1.04.

Notable Days

  • 2023-02-06: Highest Volume — 99 contracts
  • 2023-02-06: Largest IV spike — 23.1% change
  • 2023-02-06: Highest IV Rank — 7.8%
  • 2023-02-28: Largest Expected Move — 2.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$58.84$58.14$60.09$60.08$58.28
Max Pain$57.68$57.00$60.00$59.00$58.00
ATM IV7.5%6.2%8.6%6.2%8.5%
Expected Move2.1%1.7%2.4%1.8%2.4%
HV 20d6.0%5.1%7.1%6.5%5.8%
HV 60d6.4%6.1%7.0%6.7%6.2%
IV Rank5.5%2.5%7.8%2.5%7.5%
IV Percentile46.9%9.5%69.0%9.5%67.5%
Term Structure-0.2%-0.8%0.4%0.2%-0.8%
VWIV7.8%6.1%10.1%6.2%8.8%
Skew 25d0.6%-1.5%1.8%-1.5%1.8%
Skew 10d0.7%-2.3%5.6%-0.3%5.6%
Call IV 25d7.5%6.5%8.7%7.9%8.6%
Put IV 25d8.1%5.9%10.3%6.5%10.3%
Bid-Ask Spread %112.82103.19120.73113.25112.30
Gamma HHI0.190.160.220.180.17
Net GEX103.7K56.3K170.9K161.7K79.2K
Net DEX-448.7K-897.2K-230.6K-835.2K-309.6K
Net VEX-2.8K-3.5K-2.3K-2.8K-2.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.040.007.670.780.00
Total Volume19.105099164
Total OI840.158698980698746

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$60.08$59.006.2%1.8%6.5%2.5%6.2%-1.5%0.2%161.7K-835.2K-2.8K0.78113.25N/AN/A9767721
2023-02-02$60.09$60.007.0%1.8%6.3%4.2%6.1%0.4%0.1%170.9K-897.2K-3.5K0.00117.07N/AN/A5068628
2023-02-03$59.58$60.007.0%1.7%7.1%4.3%7.2%-0.6%-0.1%152.4K-684.1K-2.6K0.40120.73N/AN/A301269128
2023-02-06$59.16$57.008.6%2.0%6.8%7.8%8.7%0.2%-0.2%123.8K-560.1K-2.5K0.05115.42N/AN/A94571740
2023-02-07$59.11$57.008.2%2.0%6.8%7.0%0.0%0.4%-0.1%117.1K-538.1K-2.7K0.00108.89N/AN/A00794127
2023-02-08$59.20$57.007.1%2.0%6.8%4.6%7.0%1.4%-0.1%105.1K-484.4K-3.1K0.00119.21N/AN/A50794157
2023-02-09$59.05$57.007.0%2.0%6.7%4.4%0.0%0.7%0.2%101.8K-432.3K-3.1K0.00105.85N/AN/A00798157
2023-02-10$58.86$57.007.2%2.1%6.2%4.7%7.0%-0.1%0.0%89.8K-391.9K-2.9K1.58107.30N/AN/A1930798157
2023-02-13$58.91$57.007.9%2.3%6.2%6.2%0.0%0.1%-0.4%106.0K-437.8K-2.9K0.00105.46N/AN/A50816157
2023-02-14$58.70$57.007.5%2.2%6.2%5.4%0.0%0.7%0.1%91.6K-361.1K-2.9K0.00103.19N/AN/A430821157
2023-02-15$58.59$57.006.9%2.0%5.1%4.1%0.0%-0.7%0.2%106.7K-384.9K-2.7K0.00116.46N/AN/A00828152
2023-02-16$58.52$57.007.3%2.1%5.1%4.9%7.4%1.6%-0.1%104.5K-382.3K-2.8K0.00116.26N/AN/A10829150
2023-02-17$58.63$57.007.0%2.0%5.1%4.3%10.1%-0.1%0.4%110.7K-404.6K-2.8K7.67116.76N/AN/A323830150
2023-02-21$58.22$57.008.0%2.3%5.5%6.4%7.7%0.8%-0.3%72.5K-295.0K-2.6K0.08117.29N/AN/A121554169
2023-02-22$58.27$58.008.4%2.4%5.4%7.2%8.2%1.5%-0.6%71.5K-301.8K-2.8K6.00118.13N/AN/A16557170
2023-02-23$58.41$58.008.1%2.3%5.5%6.6%7.0%1.7%-0.8%83.9K-326.0K-2.6K0.00111.62N/AN/A10558176
2023-02-24$58.14$58.007.6%2.2%5.6%5.6%0.0%1.3%-0.5%56.3K-230.6K-2.4K0.00108.48N/AN/A370558176
2023-02-27$58.25$58.008.1%2.3%5.7%6.6%9.8%1.1%-0.7%64.4K-268.3K-2.3K0.11109.88N/AN/A91563176
2023-02-28$58.28$58.008.5%2.4%5.8%7.5%8.8%1.8%-0.8%79.2K-309.6K-2.7K0.00112.30N/AN/A40569177