VNQ Options History — October 2015

In October 2015, VNQ traded between $75.26 and $81.48. ATM implied volatility averaged 13.8%, placing in the 24.4% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded below realized volatility by 1.6% (HV 20d: 15.4%). Max pain ranged from $74.00 to $79.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 3.56.

Notable Days

  • 2015-10-02: Highest Volume — 32,568 contracts
  • 2015-10-12: Largest IV spike — 18.9% change
  • 2015-10-01: Highest IV Rank — 53.6%
  • 2015-10-01: Largest Expected Move — 5.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$79.38$75.26$81.48$75.26$79.87
Max Pain$77.68$74.00$79.00$74.00$79.00
ATM IV13.8%10.9%19.0%19.0%14.3%
Expected Move4.0%3.1%5.4%5.4%4.1%
HV 20d15.4%13.6%17.3%16.7%13.8%
HV 60d19.0%18.1%19.4%18.1%19.3%
IV Rank24.4%8.5%53.6%53.6%27.8%
IV Percentile39.7%4.8%88.9%88.9%48.4%
Term Structure1.3%-0.1%2.7%-0.1%0.6%
VWIV14.1%10.8%19.3%19.3%14.4%
Skew 25d3.4%2.3%4.2%3.6%2.4%
Skew 10d7.1%3.8%9.5%4.8%3.8%
Call IV 25d12.7%10.2%17.0%17.0%13.0%
Put IV 25d16.1%12.9%20.6%20.6%15.4%
Bid-Ask Spread %68.2939.9386.0985.7881.27
Gamma HHI0.130.110.160.110.13
Net GEX2.7M-398.0K4.7M1.5M2.6M
Net DEX-30.2M-59.3M7.1M7.1M-20.4M
Net VEX-522.4K-682.3K-444.8K-447.3K-510.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.560.8117.322.151.96
Total Volume8,883.51,01232,5685,2135,405
Total OI77,432.551,20783,74851,20780,178

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-10-01$75.26$74.0019.0%5.4%16.7%53.6%19.3%3.6%-0.1%1.5M7.1M-447.3K2.1585.78N/AN/A1,6573,55620,73430,473
2015-10-02$76.32$74.0017.3%5.0%17.3%44.3%17.8%3.8%0.6%2.2M-395.8K-449.8K17.3286.09N/AN/A1,77830,79020,82330,694
2015-10-05$77.75$76.0015.6%4.6%16.6%35.0%16.3%4.0%2.0%-2712.2M-644.8K1.2669.57N/AN/A44856420,95957,998
2015-10-06$77.57$76.0014.2%4.5%16.3%26.9%16.8%4.1%0.9%-398.0K5.0M-682.3K15.9465.69N/AN/A1,89030,12321,35658,397
2015-10-07$78.33$76.0014.1%4.3%15.4%26.1%15.5%4.2%2.3%1.1M-11.5M-604.1K16.4172.71N/AN/A1,82930,01321,41058,469
2015-10-08$79.14$77.0013.0%4.2%15.6%20.4%14.9%4.2%1.5%626.5K-26.4M-578.1K1.6467.48N/AN/A1,8993,10821,42958,574
2015-10-09$78.74$77.0011.8%4.1%15.1%13.3%13.5%3.6%1.8%1.4M-26.4M-572.9K0.8171.88N/AN/A3,7263,03221,58358,692
2015-10-12$79.47$77.0014.0%4.2%15.2%25.8%12.9%3.3%1.9%3.0M-44.6M-562.4K0.8774.71N/AN/A3,4162,95823,63458,684
2015-10-13$78.88$77.0013.0%3.8%15.5%20.0%13.0%3.5%1.0%3.7M-34.7M-577.8K1.8278.08N/AN/A1,7283,14624,47258,744
2015-10-14$78.18$78.0014.3%4.1%15.7%27.4%13.6%3.5%1.0%2.6M-25.6M-576.3K1.7978.12N/AN/A1,7513,12624,59458,824
2015-10-15$79.35$78.0013.3%3.8%16.0%21.8%12.9%3.0%2.3%1.6M-44.1M-534.7K1.9774.99N/AN/A1,7093,37024,59559,064
2015-10-16$79.97$79.0012.1%3.5%16.1%15.4%12.7%3.5%2.1%4.2M-59.3M-485.6K1.4276.59N/AN/A2,2563,21224,60559,143
2015-10-19$81.04$79.0010.9%3.1%16.4%8.5%10.8%2.7%2.7%4.6M-47.9M-444.8K1.0576.33N/AN/A2,3952,50319,23457,535
2015-10-20$80.86$79.0011.8%3.4%15.4%13.4%12.3%2.8%1.1%4.7M-46.2M-490.4K1.3447.01N/AN/A2,2783,05919,61557,513
2015-10-21$80.76$79.0012.0%3.4%15.4%14.5%12.0%2.3%1.2%4.4M-48.1M-470.6K1.2150.38N/AN/A2,2172,68919,66458,166
2015-10-22$81.48$79.0012.4%3.6%14.7%16.9%11.9%3.3%1.4%4.3M-54.3M-446.7K1.2340.09N/AN/A2,4302,98419,65058,273
2015-10-23$80.66$79.0013.8%4.0%15.5%24.7%13.7%3.4%0.9%3.1M-35.7M-513.0K1.4139.93N/AN/A2,3573,33319,70458,486
2015-10-26$80.69$79.0013.9%4.0%14.0%25.2%13.8%3.3%0.7%4.0M-39.1M-471.0K1.3857.09N/AN/A2,3433,24419,82959,118
2015-10-27$80.72$79.0014.2%4.1%13.9%27.1%13.9%3.9%0.3%3.4M-38.2M-488.8K1.4361.10N/AN/A2,3443,34419,83959,262
2015-10-28$80.70$79.0013.9%4.0%13.8%25.4%14.4%3.4%0.5%3.8M-39.6M-476.0K1.9164.24N/AN/A2,0523,91719,84059,571
2015-10-29$80.62$79.0013.7%3.9%13.6%24.4%14.3%3.9%1.1%3.5M-37.1M-466.1K1.9183.32N/AN/A1,8783,58019,97960,109
2015-10-30$79.87$79.0014.3%4.1%13.8%27.8%14.4%2.4%0.6%2.6M-20.4M-510.5K1.9681.27N/AN/A1,8233,58219,95360,225