VNQ Options History — October 2014

In October 2014, VNQ traded between $71.79 and $79.00. ATM implied volatility averaged 14.3%, placing in the 59.2% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded above realized volatility by 0.4% (HV 20d: 13.9%). Max pain ranged from $75.00 to $76.00. Net GEX was positive for 8 of 23 trading days. Term structure was in contango for 18 of 23 days. Put/call ratio averaged 4.76.

Notable Days

  • 2014-10-15: Highest Volume — 9,546 contracts
  • 2014-10-15: Largest IV spike — 16.5% change
  • 2014-10-13: Highest IV Rank — 100.0%
  • 2014-10-15: Largest Expected Move — 5.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$75.03$71.79$79.00$71.91$79.00
Max Pain$75.74$75.00$76.00$76.00$76.00
ATM IV14.3%11.5%18.6%13.9%11.5%
Expected Move4.5%3.8%5.4%4.5%3.8%
HV 20d13.9%11.9%17.0%15.5%12.6%
HV 60d12.9%11.8%13.5%11.8%13.3%
IV Rank59.2%37.8%100.0%48.9%37.8%
IV Percentile80.1%54.8%100.0%82.9%54.8%
Term Structure0.4%-1.0%1.6%1.3%0.5%
VWIV14.9%6.4%18.3%14.6%15.1%
Skew 25d4.5%3.0%6.8%3.8%3.6%
Skew 10d10.9%7.7%19.2%10.1%8.8%
Call IV 25d12.9%10.6%17.0%12.9%10.8%
Put IV 25d17.4%14.0%23.0%16.7%14.4%
Bid-Ask Spread %32.3921.9740.8740.8727.38
Gamma HHI0.130.090.210.190.09
Net GEX-4.5M-13.1M1.2M-11.3M1.1M
Net DEX22.5M-34.9M84.2M81.8M-34.9M
Net VEX-284.6K-340.1K-192.6K-340.1K-192.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.760.0928.502.304.83
Total Volume3,245.696429,5462215,991
Total OI36,799.82628,85243,62139,73931,449

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-10-01$71.91$76.0013.9%4.5%15.5%48.9%14.6%3.8%1.3%-11.3M81.8M-340.1K2.3040.87N/AN/A671547,64432,095
2014-10-02$71.79$75.0013.9%4.6%15.5%48.7%11.8%4.0%1.6%-11.8M84.2M-337.6K16.3039.35N/AN/A2544,1417,70232,133
2014-10-03$72.24$75.0013.8%4.5%15.0%48.2%13.1%3.8%1.3%-11.7M77.8M-339.8K28.5035.99N/AN/A1323,7627,94033,326
2014-10-06$72.43$75.0014.0%4.5%15.2%49.7%14.6%4.2%0.4%-12.0M70.3M-316.4K5.4337.89N/AN/A6523,5408,03233,328
2014-10-07$71.86$76.0014.5%4.6%15.2%53.3%14.2%4.3%0.4%-13.1M83.9M-329.7K23.1340.10N/AN/A781,8048,46933,248
2014-10-08$73.44$76.0013.5%4.4%17.0%46.2%16.5%4.0%0.3%-8.5M45.9M-293.0K5.7432.77N/AN/A1,1866,8128,50131,726
2014-10-09$73.42$76.0014.4%4.6%17.0%52.9%14.3%4.5%-0.0%-8.0M46.7M-310.0K0.6135.47N/AN/A4612808,58731,831
2014-10-10$73.49$76.0016.3%4.8%13.0%82.5%15.6%4.4%-0.3%-7.6M44.1M-313.3K1.3135.98N/AN/A1121478,93931,936
2014-10-13$73.56$75.0018.6%4.9%12.8%100.0%16.5%5.3%-0.3%-7.4M43.8M-308.7K0.0934.07N/AN/A1,6611549,02031,883
2014-10-14$74.97$75.0016.0%4.8%14.1%76.7%17.2%5.5%0.0%-2.7M16.6M-297.4K2.1623.35N/AN/A2,7655,98610,06331,928
2014-10-15$74.48$75.0018.6%5.4%14.3%99.8%18.3%5.9%-1.0%-4.2M23.1M-303.0K4.2731.23N/AN/A1,8107,73610,30932,412
2014-10-16$74.58$76.0018.0%5.1%14.0%94.7%17.1%6.8%-0.3%-4.2M23.8M-305.6K1.1438.09N/AN/A47053810,59632,583
2014-10-17$74.67$76.0016.0%4.9%13.9%77.2%16.4%5.9%0.0%-4.4M21.9M-291.1K0.6333.60N/AN/A21813710,63432,987
2014-10-20$75.78$76.0014.3%4.6%14.4%62.1%17.0%5.5%0.5%-801.8K6.8M-269.7K0.9728.79N/AN/A2,2662,1978,51320,339
2014-10-21$76.39$76.0013.3%4.4%14.1%53.6%15.9%4.7%0.6%-73.5K-2.8M-262.8K1.0329.19N/AN/A2,0652,1209,32520,680
2014-10-22$76.51$76.0013.0%4.2%13.1%50.5%15.7%4.2%0.3%112.2K-5.4M-272.4K1.7522.83N/AN/A1,1852,0759,90920,885
2014-10-23$77.05$76.0012.9%4.2%12.8%49.6%15.7%3.9%0.6%337.7K-12.8M-259.7K1.8930.59N/AN/A1,0742,03010,06220,913
2014-10-24$77.10$76.0012.8%4.1%12.3%49.0%15.9%3.8%1.0%420.4K-13.2M-260.3K1.8621.97N/AN/A1,0471,95010,18720,947
2014-10-27$77.62$76.0012.4%3.9%12.3%45.6%10.1%4.0%0.9%545.3K-17.8M-250.0K0.8934.49N/AN/A13011610,22021,046
2014-10-28$77.96$76.0011.9%3.9%11.9%40.9%6.4%3.5%0.6%688.9K-21.3M-241.2K0.2434.34N/AN/A34810,27521,039
2014-10-29$77.50$76.0013.1%4.1%12.3%51.1%14.7%4.0%0.6%605.0K-17.0M-243.2K2.1030.33N/AN/A8591,80810,30321,047
2014-10-30$77.96$76.0012.0%3.9%12.2%41.4%15.4%3.0%0.7%1.2M-27.0M-209.2K2.2426.22N/AN/A8151,82410,34521,060
2014-10-31$79.00$76.0011.5%3.8%12.6%37.8%15.1%3.6%0.5%1.1M-34.9M-192.6K4.8327.38N/AN/A1,0284,96310,37121,078