VNQ Options History — February 2017

In February 2017, VNQ traded between $81.48 and $85.88. ATM implied volatility averaged 13.3%, placing in the 20.6% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded above realized volatility by 1.9% (HV 20d: 11.4%). Max pain ranged from $82.00 to $84.00. Net GEX was positive for 16 of 19 trading days. Term structure was in contango for 19 of 19 days. Put/call ratio averaged 1.65.

Notable Days

  • 2017-02-02: Highest Volume — 40,190 contracts
  • 2017-02-08: Largest IV spike — 15.0% change
  • 2017-02-15: Highest IV Rank — 25.7%
  • 2017-02-02: Largest Expected Move — 4.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$83.70$81.48$85.88$81.48$85.20
Max Pain$83.53$82.00$84.00$82.00$84.00
ATM IV13.3%12.3%14.5%14.2%14.0%
Expected Move3.9%3.5%4.5%4.1%4.0%
HV 20d11.4%10.4%12.8%12.8%10.6%
HV 60d15.1%14.4%16.5%16.4%14.4%
IV Rank20.6%14.9%25.7%23.7%25.0%
IV Percentile17.8%6.0%36.1%29.4%32.5%
Term Structure1.4%0.2%2.8%2.8%0.7%
VWIV13.2%12.3%14.1%12.9%14.1%
Skew 25d2.5%0.4%3.6%0.4%2.1%
Skew 10d5.7%0.8%9.7%0.8%7.1%
Call IV 25d12.6%11.2%13.8%13.8%13.4%
Put IV 25d15.2%14.2%16.8%14.2%15.5%
Bid-Ask Spread %24.0613.9935.8035.8025.73
Gamma HHI0.220.210.260.210.23
Net GEX5.5M-3.5M11.2M-3.5M10.4M
Net DEX-21.6M-91.6M42.3M42.3M-77.9M
Net VEX-840.8K-940.3K-799.8K-940.3K-802.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.650.643.403.400.69
Total Volume8,268.8423,42040,19040,0936,006
Total OI86,180.15882,74592,96984,48786,393

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-02-01$81.48$82.0014.2%4.1%12.8%23.7%12.9%0.4%2.8%-3.5M42.3M-940.3K3.4035.80N/AN/A9,11230,98130,05854,429
2017-02-02$82.40$84.0013.2%4.5%11.8%18.6%13.9%3.0%0.5%-1.9M33.9M-932.5K3.3428.68N/AN/A9,25330,93730,06654,536
2017-02-03$82.82$84.0012.8%4.1%11.9%17.0%13.3%3.3%1.4%1.0M10.9M-924.1K1.7123.79N/AN/A1,5202,60030,12754,472
2017-02-06$82.69$84.0012.4%4.1%11.8%14.9%13.4%3.0%1.2%1.1M10.6M-877.6K1.9324.49N/AN/A1,3792,66430,41954,913
2017-02-07$82.31$84.0012.6%4.1%11.3%16.0%13.1%3.6%1.8%-104.9K18.2M-865.6K2.0625.86N/AN/A1,2882,65830,40554,987
2017-02-08$83.13$84.0014.5%4.2%11.6%25.4%13.8%2.5%1.3%3.0M1.9M-844.3K1.7322.57N/AN/A1,5332,65030,41455,094
2017-02-09$83.22$84.0013.5%3.9%11.4%22.4%13.2%2.6%2.5%4.4M-4.2M-837.0K1.6013.99N/AN/A1,6482,64430,54055,254
2017-02-10$83.80$83.0013.2%3.8%11.6%20.6%12.4%2.3%2.6%8.9M-23.3M-821.7K1.0120.24N/AN/A2,3832,39930,88255,144
2017-02-13$83.95$83.0013.5%3.9%11.6%22.0%12.5%2.5%1.6%11.2M-34.9M-803.2K1.7720.48N/AN/A1,3482,38531,94555,026
2017-02-14$83.39$83.0014.1%4.1%11.7%25.7%12.4%2.4%1.3%6.0M-14.0M-816.8K1.2721.24N/AN/A1,8112,30631,98355,110
2017-02-15$83.21$83.0014.1%4.1%11.7%25.7%13.6%2.7%1.6%4.8M-7.8M-812.7K1.3721.57N/AN/A1,9952,73232,51855,377
2017-02-16$83.54$83.0013.5%3.9%11.1%22.4%14.1%2.8%1.1%8.4M-23.7M-815.8K0.7321.55N/AN/A3,3932,48332,65155,908
2017-02-17$83.65$83.0013.1%3.8%10.8%20.3%13.1%3.2%2.1%4.8M-23.2M-836.9K0.6420.21N/AN/A3,6022,31034,78758,182
2017-02-21$84.78$83.0012.3%3.5%11.3%15.9%13.2%2.6%1.0%8.3M-50.1M-801.8K2.2222.34N/AN/A1,7533,89130,12852,617
2017-02-22$84.51$84.0012.6%3.6%11.4%17.3%13.0%2.3%1.6%7.2M-42.6M-810.7K1.0128.54N/AN/A2,4032,43830,59954,299
2017-02-23$85.01$84.0013.1%3.8%11.2%20.2%12.3%2.1%0.5%9.3M-61.0M-821.3K1.7622.39N/AN/A1,2412,17931,79354,186
2017-02-24$85.41$84.0012.4%3.6%11.2%16.4%13.0%3.0%1.0%10.6M-74.6M-811.4K1.6630.10N/AN/A1,3092,17031,88054,190
2017-02-27$85.88$84.0013.6%3.9%10.4%22.8%13.6%1.9%0.2%10.9M-91.6M-799.8K1.4427.53N/AN/A1,5182,18631,95154,160
2017-02-28$85.20$84.0014.0%4.0%10.6%25.0%14.1%2.1%0.7%10.4M-77.9M-802.2K0.6925.73N/AN/A3,5522,45432,23554,158