VGIT Options History — September 2023

In September 2023, VGIT traded between $56.91 and $57.92. ATM implied volatility averaged 6.0%, placing in the 2.8% IV rank vs the trailing year. The 30-day expected move averaged 1.7%. IV traded above realized volatility by 1.3% (HV 20d: 4.7%). Max pain ranged from $58.00 to $58.00. Net GEX was positive for 2 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 5.65.

Notable Days

  • 2023-09-22: Highest Volume — 47 contracts
  • 2023-09-11: Largest IV spike — 51.9% change
  • 2023-09-12: Highest IV Rank — 7.8%
  • 2023-09-05: Largest Expected Move — 1.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$57.46$56.91$57.92$57.92$57.16
Max Pain$58.00$58.00$58.00$58.00$58.00
ATM IV6.0%4.7%8.3%4.7%5.9%
Expected Move1.7%1.4%1.9%1.4%1.7%
HV 20d4.7%3.9%5.3%5.1%4.0%
HV 60d5.6%5.2%5.9%5.9%5.2%
IV Rank2.8%0.0%7.8%0.0%2.5%
IV Percentile12.1%0.0%54.8%0.0%8.7%
Term Structure0.5%-0.2%1.4%1.2%0.3%
VWIV7.5%5.9%11.1%6.7%8.0%
Skew 25d-0.8%-2.4%1.3%1.3%-2.2%
Skew 10d-1.2%-3.1%2.2%2.2%-3.0%
Call IV 25d6.8%4.6%7.7%4.6%7.6%
Put IV 25d6.0%4.5%7.6%5.9%5.3%
Bid-Ask Spread %118.2286.34128.32128.32114.80
Gamma HHI0.250.160.330.230.17
Net GEX-10.7K-45.5K42.0K42.0K-7.9K
Net DEX7.0K-182.9K113.6K-182.9K51.6K
Net VEX-1.7K-2.2K-1.3K-2.2K-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.650.0046.006.400.00
Total Volume8.5504701
Total OI589.05505668660526

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$57.92$58.004.7%1.4%5.1%0.0%0.0%1.3%1.2%42.0K-182.9K-2.2K0.00128.32N/AN/A00377283
2023-09-05$57.70$58.006.0%1.9%5.3%2.8%6.7%-0.4%0.8%-3.7K-102.0K-2.2K6.40120.70N/AN/A532377282
2023-09-06$57.55$58.006.4%1.8%5.2%3.6%0.0%-0.2%0.8%-36.9K-11.6K-2.1K0.00115.83N/AN/A10377282
2023-09-07$57.72$58.006.6%1.8%5.3%4.1%6.3%-0.4%1.1%-13.4K-85.3K-2.1K0.00117.60N/AN/A40377282
2023-09-08$57.70$58.005.3%1.7%5.2%1.3%5.9%-0.3%1.4%-11.0K-78.4K-2.0K0.00124.22N/AN/A40377282
2023-09-11$57.67$58.008.1%1.8%4.9%7.3%0.0%-0.5%0.9%-18.2K-58.3K-2.0K0.00124.70N/AN/A10381282
2023-09-12$57.66$58.008.3%1.7%4.9%7.8%0.0%-0.7%1.4%-5.2K-62.5K-1.8K0.00125.23N/AN/A00381282
2023-09-13$57.75$58.006.0%1.7%4.9%2.7%9.7%-0.3%1.1%-22.9K-71.4K-1.9K0.31123.07N/AN/A134381282
2023-09-14$57.67$58.005.8%1.7%4.9%2.4%0.0%-0.4%-0.0%-40.4K46.0K-1.9K0.00128.10N/AN/A00382286
2023-09-15$57.58$58.005.9%1.7%4.9%2.7%11.1%-0.8%-0.0%-45.5K88.8K-1.8K0.00127.04N/AN/A10382286
2023-09-18$57.59$58.005.8%1.7%4.8%2.4%0.0%-0.1%0.2%6.1K-14.1K-1.7K0.0086.34N/AN/A10298209
2023-09-19$57.41$58.006.0%1.7%4.7%2.8%6.0%-0.3%-0.2%-71838.4K-1.5K0.75112.53N/AN/A43299209
2023-09-20$57.39$58.005.6%1.6%4.7%2.0%0.0%-0.2%0.1%-6.9K56.6K-1.4K0.00114.40N/AN/A00302212
2023-09-21$57.16$58.005.3%1.5%4.3%1.3%0.0%-2.3%0.4%-8.0K108.0K-1.4K0.00116.66N/AN/A010302212
2023-09-22$57.30$58.005.5%1.6%4.4%1.6%6.4%-1.3%0.1%-18.5K109.6K-1.5K46.00115.68N/AN/A146302222
2023-09-25$57.11$58.005.3%1.5%4.5%1.3%7.3%-1.7%0.5%-43454.2K-1.3K5.00111.49N/AN/A210302203
2023-09-26$57.11$58.005.5%1.6%4.4%1.6%8.0%-2.1%0.5%-4.9K69.4K-1.4K15.00115.80N/AN/A115303213
2023-09-27$56.91$58.005.9%1.7%3.9%2.5%0.0%-0.1%0.2%-11.1K113.6K-1.4K0.00124.56N/AN/A120304216
2023-09-28$57.09$58.006.2%1.8%4.2%3.3%0.0%-2.4%-0.1%-6.8K70.1K-1.4K0.00117.38N/AN/A00310216
2023-09-29$57.16$58.005.9%1.7%4.0%2.5%0.0%-2.2%0.3%-7.9K51.6K-1.5K0.00114.80N/AN/A01310216