VGIT Options History — December 2025

In December 2025, VGIT traded between $59.84 and $60.22. ATM implied volatility averaged 4.6%, placing in the 8.5% IV rank vs the trailing year. The 30-day expected move averaged 1.3%. IV traded above realized volatility by 1.3% (HV 20d: 3.3%). Max pain ranged from $59.00 to $61.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 6.74.

Notable Days

  • 2025-12-10: Highest Volume — 49 contracts
  • 2025-12-31: Largest IV spike — 131.3% change
  • 2025-12-31: Highest IV Rank — 21.0%
  • 2025-12-31: Largest Expected Move — 2.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$60.00$59.84$60.22$60.08$59.92
Max Pain$59.95$59.00$61.00$61.00$60.00
ATM IV4.6%2.9%7.9%4.6%7.9%
Expected Move1.3%0.8%2.3%1.3%2.3%
HV 20d3.3%2.3%3.8%3.8%2.3%
HV 60d3.1%3.1%3.2%3.1%3.1%
IV Rank8.5%2.4%21.0%8.8%21.0%
IV Percentile37.4%2.0%94.0%39.7%94.0%
Term Structure0.2%-2.9%5.3%-0.3%-0.2%
VWIV5.3%3.0%11.3%4.2%3.3%
Skew 25d0.3%-3.0%4.0%0.4%4.0%
Skew 10d0.2%-3.7%4.3%0.6%1.4%
Call IV 25d3.6%2.7%5.3%4.0%4.0%
Put IV 25d3.9%2.3%8.0%4.5%8.0%
Bid-Ask Spread %25.0710.2798.3716.7533.78
Gamma HHI0.420.290.580.410.58
Net GEX362.9K193.5K543.2K497.5K346.6K
Net DEX-770.6K-1.2M-502.5K-992.1K-654.3K
Net VEX-4.5K-6.5K-3.2K-6.2K-3.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.740.0048.001.000.00
Total Volume15.864049329
Total OI1,142.9551,1181,1851,1181,134

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-12-01$60.08$61.004.6%1.3%3.8%8.8%0.0%0.4%-0.3%497.5K-992.1K-6.2K1.0016.75N/AN/A16161,02692
2025-12-02$60.13$61.004.9%1.4%3.6%9.7%0.0%0.8%-0.8%428.1K-887.2K-5.3K3.2013.85N/AN/A5161,03792
2025-12-03$60.22$61.004.9%1.4%3.7%9.8%0.0%0.9%-0.4%543.2K-1.2M-6.5K2.0019.46N/AN/A5101,04292
2025-12-04$60.06$60.004.9%1.2%3.6%9.6%4.2%-0.9%-0.3%474.2K-902.0K-5.5K0.0013.57N/AN/A0101,04794
2025-12-05$60.00$60.005.0%1.2%3.4%10.0%4.6%-0.9%-0.2%464.5K-893.8K-5.7K0.6510.95N/AN/A17111,04796
2025-12-08$59.91$59.005.4%1.2%3.4%11.5%4.7%-1.5%-0.2%381.3K-688.8K-4.5K20.0010.27N/AN/A2401,04998
2025-12-09$59.84$60.005.9%1.3%3.4%13.4%0.0%-0.5%-0.3%290.5K-502.5K-4.8K0.0018.59N/AN/A001,049136
2025-12-10$59.98$60.003.3%0.9%3.4%3.8%4.9%2.5%1.7%313.2K-588.8K-4.8K48.0098.37N/AN/A1481,049136
2025-12-11$60.03$59.004.1%1.2%3.4%6.9%4.1%0.4%-0.0%335.1K-709.1K-4.3K0.0010.96N/AN/A401,05098
2025-12-12$59.92$59.007.2%2.1%3.4%18.3%8.2%1.0%-0.3%342.1K-647.6K-4.5K4.5028.60N/AN/A291,05298
2025-12-15$59.98$60.007.4%2.1%3.4%19.3%6.2%-3.0%-2.9%347.1K-629.5K-4.4K0.8033.06N/AN/A541,050105
2025-12-16$60.09$60.004.0%1.2%3.4%6.6%4.6%0.5%3.4%193.5K-729.3K-4.2K13.0021.99N/AN/A1131,051109
2025-12-17$60.09$59.004.4%1.3%3.4%8.0%6.5%1.1%-0.2%418.5K-1.0M-5.4K4.0038.66N/AN/A7281,051100
2025-12-18$60.02$60.003.1%0.9%3.4%3.0%0.0%0.3%0.5%200.1K-731.6K-3.8K0.0016.21N/AN/A051,047106
2025-12-19$59.92$60.002.9%0.8%3.4%2.4%3.0%0.1%0.6%271.4K-693.5K-3.6K0.2526.51N/AN/A411,04795
2025-12-22$59.88$60.003.3%0.9%3.2%3.8%0.0%0.6%0.1%349.2K-718.3K-3.5K0.0016.36N/AN/A0151,04281
2025-12-23$59.84$60.003.8%1.1%3.2%5.6%11.3%-0.2%-1.6%328.3K-701.9K-3.6K0.5044.54N/AN/A211,04285
2025-12-24$59.91$60.003.2%0.9%3.1%3.5%3.2%0.6%0.2%349.6K-721.4K-3.5K0.0014.86N/AN/A201,04285
2025-12-26$60.00$60.003.3%0.9%3.2%3.7%3.3%0.2%0.4%363.4K-747.3K-3.4K3.3332.32N/AN/A3101,04485
2025-12-29$60.06$60.003.6%1.0%3.3%5.1%0.0%0.4%0.0%376.6K-873.8K-4.1K4.0015.29N/AN/A281,04487
2025-12-30$60.05$60.003.4%1.0%2.3%4.2%0.0%0.2%5.3%369.6K-757.6K-3.2K16.0016.61N/AN/A1161,04687
2025-12-31$59.92$60.007.9%2.3%2.3%21.0%0.0%4.0%-0.2%346.6K-654.3K-3.3K0.0033.78N/AN/A901,04787