VGIT Options History — February 2024

In February 2024, VGIT traded between $58.09 and $59.52. ATM implied volatility averaged 6.4%, placing in the 7.7% IV rank vs the trailing year. The 30-day expected move averaged 1.8%. IV traded above realized volatility by 0.3% (HV 20d: 6.1%). Max pain ranged from $58.00 to $59.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 11.33.

Notable Days

  • 2024-02-26: Highest Volume — 91 contracts
  • 2024-02-05: Largest IV drop — 14.5% change
  • 2024-02-01: Highest IV Rank — 11.7%
  • 2024-02-20: Largest Expected Move — 1.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$58.47$58.09$59.52$59.52$58.38
Max Pain$58.30$58.00$59.00$58.00$59.00
ATM IV6.4%5.8%7.3%7.3%6.5%
Expected Move1.8%1.7%1.9%1.8%1.9%
HV 20d6.1%4.5%6.5%4.5%6.1%
HV 60d6.0%5.7%6.3%5.9%5.7%
IV Rank7.7%5.0%11.7%11.7%8.1%
IV Percentile30.9%8.7%58.3%58.3%35.3%
Term Structure-0.1%-0.6%0.4%-0.0%-0.6%
VWIV6.7%6.3%7.4%6.4%7.4%
Skew 25d-0.4%-2.7%4.4%-1.1%4.4%
Skew 10d-0.2%-2.9%12.8%-1.4%12.8%
Call IV 25d7.1%6.2%8.2%7.2%6.4%
Put IV 25d6.7%5.0%10.9%6.0%10.9%
Bid-Ask Spread %126.07115.52138.78126.45119.01
Gamma HHI0.350.270.390.310.34
Net GEX111.7K78.2K158.2K158.2K98.6K
Net DEX-329.2K-702.7K-193.5K-702.7K-231.0K
Net VEX-1.7K-2.0K-1.5K-2.0K-1.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio11.330.0090.000.000.13
Total Volume12.050911436
Total OI442.7378499453499

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$59.52$58.007.3%1.8%4.5%11.7%6.4%-1.1%-0.0%158.2K-702.7K-2.0K0.00126.45N/AN/A140251202
2024-02-02$58.97$58.006.8%1.8%5.5%9.5%0.0%-0.1%-0.3%150.9K-548.0K-2.0K0.00125.94N/AN/A200255202
2024-02-05$58.59$58.005.8%1.8%5.9%5.0%0.0%-0.9%-0.0%128.1K-393.8K-1.8K0.00126.25N/AN/A00245202
2024-02-06$58.84$58.006.5%1.8%6.1%8.2%0.0%-0.0%-0.1%140.8K-458.5K-1.8K0.00127.46N/AN/A01245203
2024-02-07$58.77$58.006.1%1.7%6.1%6.1%0.0%-0.4%-0.0%140.6K-439.5K-1.8K0.00127.56N/AN/A03245204
2024-02-08$58.63$58.006.0%1.7%6.1%5.9%0.0%-0.8%0.1%130.6K-390.6K-1.7K0.00129.58N/AN/A00245207
2024-02-09$58.56$58.006.2%1.8%5.9%6.5%0.0%-0.9%-0.2%126.0K-364.9K-1.7K0.00131.91N/AN/A00245207
2024-02-12$58.61$58.006.4%1.8%5.8%7.4%0.0%-0.9%-0.1%133.2K-388.2K-1.7K0.00127.55N/AN/A00245207
2024-02-13$58.11$58.006.5%1.9%6.3%8.1%0.0%0.8%-0.3%94.4K-259.8K-1.5K0.00128.49N/AN/A01245207
2024-02-14$58.30$58.006.1%1.8%6.3%6.3%0.0%0.9%0.2%104.5K-295.8K-1.5K0.00121.98N/AN/A022245206
2024-02-15$58.41$58.006.5%1.9%6.4%7.9%6.3%-0.0%-0.2%86.5K-268.0K-1.8K0.00129.83N/AN/A10245228
2024-02-16$58.20$58.006.5%1.8%6.5%7.8%6.9%1.0%0.0%78.2K-238.7K-1.8K0.14128.96N/AN/A142246228
2024-02-20$58.31$58.006.8%1.9%6.4%9.2%0.0%-0.8%-0.4%95.9K-262.1K-1.8K0.00119.37N/AN/A90220158
2024-02-21$58.20$58.006.8%1.9%6.5%9.1%7.4%-0.9%-0.4%94.6K-241.9K-1.7K3.00133.50N/AN/A13229158
2024-02-22$58.09$59.006.6%1.9%6.5%8.3%0.0%-2.7%0.0%86.4K-212.4K-1.7K0.00116.57N/AN/A20230160
2024-02-23$58.30$59.005.9%1.7%6.5%5.4%0.0%-1.4%0.4%100.6K-240.7K-1.7K0.00115.52N/AN/A00230160
2024-02-26$58.22$59.006.6%1.9%6.5%8.6%0.0%-1.3%-0.1%96.4K-218.1K-1.6K90.00123.81N/AN/A190230160
2024-02-27$58.17$59.006.4%1.8%6.3%7.5%0.0%-1.6%0.0%86.7K-193.5K-1.6K0.00138.78N/AN/A00230250
2024-02-28$58.30$59.006.5%1.9%6.4%8.1%0.0%-1.8%-0.5%101.9K-234.7K-1.6K20.00122.87N/AN/A120230250
2024-02-29$58.38$59.006.5%1.9%6.1%8.1%0.0%4.4%-0.6%98.6K-231.0K-1.9K0.13119.01N/AN/A324229270