VGIT Options History — July 2023

In July 2023, VGIT traded between $57.86 and $59.03. ATM implied volatility averaged 6.4%, placing in the 1.5% IV rank vs the trailing year. The 30-day expected move averaged 1.8%. IV traded above realized volatility by 0.0% (HV 20d: 6.3%). Max pain ranged from $59.00 to $59.00. Net GEX was positive for 5 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 2.60.

Notable Days

  • 2023-07-10: Highest Volume — 122 contracts
  • 2023-07-26: Largest IV drop — 14.1% change
  • 2023-07-05: Highest IV Rank — 4.3%
  • 2023-07-05: Largest Expected Move — 2.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$58.50$57.86$59.03$58.38$58.42
Max Pain$59.00$59.00$59.00$59.00$59.00
ATM IV6.4%5.6%7.7%7.3%6.4%
Expected Move1.8%1.6%2.2%2.1%1.8%
HV 20d6.3%5.7%7.0%5.7%6.2%
HV 60d6.5%5.8%6.8%6.5%5.8%
IV Rank1.5%0.0%4.3%3.5%1.8%
IV Percentile10.3%0.0%34.9%28.6%10.7%
Term Structure0.8%-0.6%1.8%0.4%0.3%
VWIV6.4%5.9%7.4%7.4%5.9%
Skew 25d-0.0%-1.2%0.8%0.2%-0.8%
Skew 10d0.0%-1.1%1.5%0.2%-0.4%
Call IV 25d6.8%5.5%8.2%7.5%7.6%
Put IV 25d6.7%5.7%7.8%7.7%6.8%
Bid-Ask Spread %115.2288.85125.64118.98124.45
Gamma HHI0.360.260.570.330.41
Net GEX-18.3K-93.0K37.2K-28.5K-32.8K
Net DEX112.1K-72.8K534.8K163.3K61.1K
Net VEX-1.9K-2.3K-1.5K-2.1K-2.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.600.0022.0022.000.00
Total Volume19.40122460
Total OI662.4334831749455

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$58.38$59.007.3%2.1%5.7%3.5%0.0%0.2%0.4%-28.5K163.3K-2.1K22.00118.98N/AN/A244512237
2023-07-05$58.16$59.007.7%2.2%5.8%4.3%0.0%-0.5%0.3%-69.0K389.1K-2.3K0.00113.70N/AN/A02514279
2023-07-06$57.86$59.006.8%2.0%6.0%2.4%7.4%0.0%1.8%-93.0K534.8K-2.1K0.04109.89N/AN/A452514279
2023-07-07$57.88$59.006.5%2.0%5.9%1.6%0.0%0.1%1.7%-44.9K472.8K-2.2K0.00113.63N/AN/A00551280
2023-07-10$58.14$59.007.1%2.0%5.9%3.1%6.8%0.4%1.6%-17.3K286.0K-2.1K2.05114.72N/AN/A4082551263
2023-07-11$58.19$59.006.8%1.9%5.9%2.3%0.0%0.1%1.7%-51.0K266.7K-1.8K0.00116.56N/AN/A00511238
2023-07-12$58.64$59.005.9%1.7%6.6%0.5%6.2%-0.2%1.6%-82170.5K-1.8K1.00122.73N/AN/A11511239
2023-07-13$59.03$59.005.8%1.7%6.8%0.1%0.0%0.8%1.5%28.9K-69.6K-1.6K0.00119.00N/AN/A20512239
2023-07-14$58.78$59.005.9%1.7%7.0%0.4%0.0%0.3%1.2%9.3K10.5K-1.7K0.00118.95N/AN/A00514239
2023-07-17$58.86$59.006.0%1.7%6.6%0.7%0.0%-0.1%1.2%22.9K-6.3K-1.6K0.00120.47N/AN/A70514239
2023-07-18$58.89$59.006.0%1.7%6.5%0.5%0.0%0.0%1.2%29.8K-39.5K-1.6K0.0088.85N/AN/A00521239
2023-07-19$58.98$59.005.6%1.6%6.4%0.0%5.9%-0.1%1.3%37.2K-72.8K-1.5K0.55119.51N/AN/A116521239
2023-07-20$58.72$59.006.0%1.7%6.6%0.9%6.0%0.5%-0.2%-12.1K10.4K-1.8K0.36125.64N/AN/A145532244
2023-07-21$58.70$59.005.7%1.6%6.5%0.2%0.0%0.3%0.0%-8.3K6.2K-1.7K0.0090.29N/AN/A01543249
2023-07-24$58.55$59.006.3%1.8%6.5%1.6%6.1%0.1%-0.0%-52.3K52.9K-1.7K0.00123.01N/AN/A580126208
2023-07-25$58.50$59.006.9%2.0%6.4%2.8%6.9%0.4%-0.6%-14.1K-9.2K-2.1K5.00123.40N/AN/A15184208
2023-07-26$58.64$59.005.9%1.7%6.4%0.6%5.9%0.6%0.1%-5.2K-58.4K-2.1K0.00124.82N/AN/A05185208
2023-07-27$58.27$59.006.5%1.9%6.6%2.0%0.0%-1.2%0.1%-32.1K99.1K-2.1K0.20117.79N/AN/A408186215
2023-07-28$58.41$59.006.0%1.7%6.2%0.9%0.0%-0.8%0.4%-32.3K74.5K-2.2K0.0098.12N/AN/A60226223
2023-07-31$58.42$59.006.4%1.8%6.2%1.8%0.0%-0.8%0.3%-32.8K61.1K-2.2K0.00124.45N/AN/A00231224