VGIT Options History — April 2023

In April 2023, VGIT traded between $59.55 and $60.53. ATM implied volatility averaged 8.4%, placing in the 7.4% IV rank vs the trailing year. The 30-day expected move averaged 2.4%. IV traded above realized volatility by 0.0% (HV 20d: 8.4%). Max pain ranged from $59.00 to $61.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 0.35.

Notable Days

  • 2023-04-25: Highest Volume — 125 contracts
  • 2023-04-10: Largest IV drop — 11.9% change
  • 2023-04-06: Highest IV Rank — 9.8%
  • 2023-04-05: Largest Expected Move — 2.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$60.05$59.55$60.53$60.03$60.20
Max Pain$60.21$59.00$61.00$59.00$60.00
ATM IV8.4%7.5%9.6%9.0%8.8%
Expected Move2.4%2.2%2.7%2.6%2.5%
HV 20d8.4%5.9%11.2%11.2%6.6%
HV 60d8.2%8.1%8.4%8.4%8.4%
IV Rank7.4%5.4%9.8%8.7%8.3%
IV Percentile60.3%41.7%82.1%73.0%69.0%
Term Structure-0.5%-0.9%0.1%-0.6%-0.6%
VWIV10.6%7.6%26.3%9.3%26.3%
Skew 25d-1.1%-2.9%-0.1%-0.9%-0.1%
Skew 10d-2.8%-7.8%2.5%-3.5%-1.0%
Call IV 25d9.5%8.1%11.3%10.5%9.3%
Put IV 25d8.4%7.0%9.6%9.6%9.2%
Bid-Ask Spread %103.0492.94117.2296.91117.22
Gamma HHI0.300.180.490.240.20
Net GEX124.1K55.8K152.6K119.2K132.1K
Net DEX-567.3K-866.2K-232.7K-644.7K-461.3K
Net VEX-2.4K-3.0K-1.7K-2.8K-2.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.350.001.790.000.02
Total Volume30.7890125142
Total OI907.8427041,082842907

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$60.03$59.009.0%2.6%11.2%8.7%9.3%-0.9%-0.6%119.2K-644.7K-2.8K0.0096.91N/AN/A10618224
2023-04-04$60.39$59.008.6%2.5%11.2%7.9%8.4%-2.9%-0.0%134.0K-810.9K-3.0K0.0092.94N/AN/A870619224
2023-04-05$60.53$59.009.3%2.7%11.2%9.2%0.0%-1.8%0.1%145.4K-866.2K-2.8K0.0094.04N/AN/A00705224
2023-04-06$60.53$61.009.6%2.6%11.1%9.8%9.3%-1.4%-0.8%145.9K-861.3K-2.9K0.7193.99N/AN/A75705224
2023-04-10$60.09$61.008.4%2.4%10.8%7.4%9.8%-1.3%-0.8%136.7K-702.1K-2.6K0.0596.97N/AN/A211705227
2023-04-11$60.03$61.008.6%2.4%10.0%7.8%0.0%-1.1%-0.9%135.2K-664.5K-2.5K0.0099.97N/AN/A01707228
2023-04-12$60.20$61.007.9%2.3%9.8%6.3%0.0%-0.8%-0.5%145.5K-721.2K-2.2K0.0095.67N/AN/A00707227
2023-04-13$60.13$61.007.5%2.2%9.0%5.4%0.0%-0.9%-0.5%143.7K-663.3K-2.1K0.00114.34N/AN/A120707227
2023-04-14$59.86$61.007.5%2.2%8.8%5.5%0.0%-0.5%-0.6%138.6K-574.9K-1.9K0.00114.26N/AN/A00707226
2023-04-17$59.61$61.007.7%2.2%7.8%5.9%7.6%-0.3%-0.4%109.2K-464.5K-1.7K1.00110.46N/AN/A22707226
2023-04-18$59.66$60.007.5%2.2%7.7%5.5%10.3%-1.4%-0.5%118.0K-490.4K-1.7K0.00109.15N/AN/A037709228
2023-04-19$59.55$60.008.1%2.3%7.2%6.6%8.0%-0.1%-0.7%102.3K-435.5K-1.8K1.79106.91N/AN/A1425709265
2023-04-20$59.80$60.008.3%2.4%6.6%7.1%8.3%-0.7%-0.7%152.6K-517.7K-2.0K0.1198.35N/AN/A667722287
2023-04-21$59.72$60.008.0%2.3%5.9%6.4%7.9%-1.2%-0.3%133.7K-484.9K-2.0K0.7699.72N/AN/A1713788294
2023-04-24$59.94$60.008.4%2.4%6.1%7.3%9.1%-1.2%-0.4%55.8K-232.7K-2.2K0.4198.15N/AN/A3414574130
2023-04-25$60.45$60.009.2%2.6%6.0%9.1%14.3%-1.6%-0.6%77.2K-369.8K-2.7K0.00102.17N/AN/A1250608144
2023-04-26$60.25$60.008.9%2.6%6.1%8.5%8.8%-1.4%-0.9%125.5K-471.7K-2.9K0.07101.70N/AN/A151725144
2023-04-27$59.91$60.008.5%2.4%6.4%7.6%0.0%-1.3%-0.5%106.6K-341.6K-2.7K0.00114.80N/AN/A360726145
2023-04-28$60.20$60.008.8%2.5%6.6%8.3%26.3%-0.1%-0.6%132.1K-461.3K-2.9K0.02117.22N/AN/A411762145