VGIT Options History — November 2025

In November 2025, VGIT traded between $59.84 and $60.53. ATM implied volatility averaged 5.0%, placing in the 10.1% IV rank vs the trailing year. The 30-day expected move averaged 1.5%. IV traded above realized volatility by 1.7% (HV 20d: 3.3%). Max pain ranged from $60.00 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 1.41.

Notable Days

2025-11-03: Highest Volume — 207 contracts
2025-11-18: Largest IV spike — 103.7% change
2025-11-18: Highest IV Rank — 30.3%
2025-11-18: Largest Expected Move — 3.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$60.16	$59.84	$60.53	$59.97	$60.48
Max Pain	$60.00	$60.00	$60.00	$60.00	$60.00
ATM IV	5.0%	2.7%	10.4%	3.4%	3.7%
Expected Move	1.5%	0.8%	3.0%	1.0%	1.1%
HV 20d	3.3%	2.9%	3.8%	3.4%	2.9%
HV 60d	3.2%	2.9%	3.3%	3.2%	2.9%
IV Rank	10.1%	1.5%	30.3%	4.3%	5.2%
IV Percentile	40.0%	0.8%	95.6%	3.6%	8.3%
Term Structure	-0.7%	-8.8%	2.1%	1.0%	2.1%
VWIV	5.5%	3.5%	8.4%	3.5%	8.4%
Skew 25d	-1.0%	-6.8%	3.5%	0.2%	1.8%
Skew 10d	0.2%	-5.0%	8.6%	0.4%	0.1%
Call IV 25d	5.3%	3.0%	9.3%	3.6%	3.1%
Put IV 25d	4.2%	2.4%	9.2%	3.8%	4.9%
Bid-Ask Spread %	79.54	18.55	132.79	110.96	18.55
Gamma HHI	0.42	0.38	0.47	0.42	0.42
Net GEX	501.4K	393.4K	656.8K	656.8K	574.0K
Net DEX	-1.2M	-1.5M	-838.3K	-1.5M	-1.2M
Net VEX	-7.5K	-9.5K	-6.5K	-8.8K	-6.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.41	0.00	5.50	0.00	3.00
Total Volume	17.211	0	207	207	4
Total OI	1,132.053	1,101	1,310	1,310	1,116

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-11-03	$59.97	$60.00	3.4%	1.0%	3.4%	4.3%	3.5%	0.2%	1.0%	656.8K	-1.5M	-8.8K	0.00	110.96	N/A	N/A	207	0	1,234	76
2025-11-04	$60.03	$60.00	3.3%	0.9%	3.4%	3.7%	0.0%	-0.1%	1.5%	464.8K	-1.0M	-7.6K	0.00	102.79	N/A	N/A	0	0	1,046	76
2025-11-05	$59.84	$60.00	2.7%	0.8%	3.6%	1.5%	0.0%	-0.5%	1.4%	393.4K	-838.3K	-6.6K	0.00	98.80	N/A	N/A	0	8	1,046	76
2025-11-06	$60.06	$60.00	3.6%	1.4%	3.8%	4.8%	7.0%	2.8%	-0.4%	473.4K	-1.1M	-7.8K	0.00	97.79	N/A	N/A	0	8	1,046	80
2025-11-07	$60.11	$60.00	3.8%	1.0%	3.4%	5.5%	6.5%	-6.8%	-0.1%	506.0K	-1.2M	-8.2K	0.20	102.23	N/A	N/A	5	1	1,050	84
2025-11-10	$60.02	$60.00	4.2%	1.4%	3.4%	7.0%	4.8%	-5.1%	-1.6%	491.6K	-1.1M	-7.6K	0.00	113.91	N/A	N/A	0	5	1,055	85
2025-11-11	$60.17	$60.00	4.0%	1.4%	3.5%	6.4%	4.9%	-1.1%	-0.6%	489.4K	-1.1M	-7.8K	4.00	74.87	N/A	N/A	2	8	1,055	85
2025-11-12	$60.16	$60.00	4.9%	1.4%	3.5%	9.6%	6.2%	-2.0%	-0.6%	496.1K	-1.1M	-7.6K	0.03	68.73	N/A	N/A	36	1	1,057	85
2025-11-13	$60.05	$60.00	7.1%	2.0%	3.2%	18.1%	5.1%	-1.9%	-4.4%	452.3K	-1.1M	-7.7K	0.00	94.38	N/A	N/A	0	8	1,033	85
2025-11-14	$59.98	$60.00	7.5%	2.2%	3.2%	19.6%	6.8%	-4.1%	-2.1%	401.0K	-857.6K	-6.7K	0.00	87.60	N/A	N/A	5	0	1,033	85
2025-11-17	$60.05	$60.00	5.1%	1.5%	3.2%	10.5%	5.0%	3.5%	-0.5%	445.6K	-991.6K	-7.1K	0.00	90.17	N/A	N/A	0	11	1,034	85
2025-11-18	$60.11	$60.00	10.4%	3.0%	3.2%	30.3%	0.0%	-5.3%	-2.4%	482.5K	-1.5M	-9.5K	0.00	132.79	N/A	N/A	0	0	1,034	87
2025-11-19	$60.09	$60.00	5.0%	1.4%	3.2%	10.3%	0.0%	-2.0%	-0.2%	431.8K	-1.0M	-7.0K	0.00	72.79	N/A	N/A	0	0	1,034	87
2025-11-20	$60.20	$60.00	4.7%	1.3%	3.2%	9.0%	0.0%	-1.8%	-0.1%	491.6K	-1.1M	-7.1K	0.00	75.23	N/A	N/A	0	0	1,034	87
2025-11-21	$60.34	$60.00	4.5%	1.3%	3.3%	8.4%	0.0%	-0.7%	0.0%	543.3K	-1.3M	-7.8K	0.00	20.31	N/A	N/A	2	0	1,034	87
2025-11-24	$60.41	$60.00	8.0%	2.3%	3.4%	21.4%	4.4%	0.5%	-8.8%	581.0K	-1.3M	-7.8K	0.00	47.60	N/A	N/A	2	0	1,024	77
2025-11-25	$60.52	$60.00	4.3%	1.2%	3.4%	7.6%	3.7%	1.4%	1.3%	602.3K	-1.4M	-7.4K	5.50	47.57	N/A	N/A	2	11	1,025	77
2025-11-26	$60.53	$60.00	4.6%	1.3%	2.9%	8.7%	0.0%	1.7%	1.1%	549.8K	-1.2M	-6.5K	0.00	54.09	N/A	N/A	0	1	1,027	88
2025-11-28	$60.48	$60.00	3.7%	1.1%	2.9%	5.2%	8.4%	1.8%	2.1%	574.0K	-1.2M	-6.7K	3.00	18.55	N/A	N/A	1	3	1,027	89