VNQ Options History — August 2019

In August 2019, VNQ traded between $87.72 and $92.34. ATM implied volatility averaged 15.2%, placing in the 36.5% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded above realized volatility by 1.7% (HV 20d: 13.5%). Max pain ranged from $88.00 to $89.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 2.71.

Notable Days

  • 2019-08-14: Highest Volume — 21,896 contracts
  • 2019-08-05: Largest IV spike — 39.9% change
  • 2019-08-05: Highest IV Rank — 63.6%
  • 2019-08-14: Largest Expected Move — 4.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$90.65$87.72$92.34$89.08$92.34
Max Pain$88.09$88.00$89.00$88.00$89.00
ATM IV15.2%12.7%19.6%14.5%13.2%
Expected Move4.2%3.7%4.9%4.2%3.8%
HV 20d13.5%10.1%14.6%10.1%14.4%
HV 60d13.4%12.4%13.9%12.4%13.0%
IV Rank36.5%21.4%63.6%32.7%24.0%
IV Percentile67.2%39.7%92.9%69.4%44.4%
Term Structure0.0%-1.3%0.9%-0.1%0.8%
VWIV15.7%13.6%18.0%15.8%16.7%
Skew 25d4.2%2.9%5.0%3.1%3.6%
Skew 10d9.6%6.9%11.0%8.7%9.2%
Call IV 25d13.1%11.6%15.2%13.6%11.7%
Put IV 25d17.3%15.4%19.8%16.7%15.4%
Bid-Ask Spread %21.2716.8229.7718.8316.82
Gamma HHI0.250.190.340.290.21
Net GEX-6.3M-13.4M-955.0K-7.8M-4.6M
Net DEX-44.4M-105.8M60.4M-8.7M-94.9M
Net VEX-1.3M-1.6M-1.2M-1.3M-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.710.1512.311.336.60
Total Volume2,296.40930021,8961,1912,127
Total OI115,556.364101,155127,489101,155126,795

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$89.08$88.0014.5%4.2%10.1%32.7%15.8%3.1%-0.1%-7.8M-8.7M-1.3M1.3318.83N/AN/A51267938,11563,040
2019-08-02$89.53$88.0014.0%4.0%10.1%29.8%13.6%2.9%-0.1%-5.9M-25.5M-1.3M1.1018.81N/AN/A84893338,23763,367
2019-08-05$87.72$88.0019.6%4.8%12.3%63.6%16.9%4.6%-1.3%-13.4M60.4M-1.3M0.3623.95N/AN/A2,58492238,44763,962
2019-08-06$88.51$88.0017.6%4.6%12.6%51.4%16.8%4.8%-1.0%-9.7M18.6M-1.4M4.3229.77N/AN/A13759239,92363,800
2019-08-07$89.74$88.0017.0%4.5%13.5%47.5%16.2%4.6%-1.0%-5.1M-41.1M-1.3M1.8027.43N/AN/A8171,46839,95864,092
2019-08-08$90.91$88.0014.3%4.0%13.4%31.7%14.7%4.3%-0.0%-955.0K-86.3M-1.2M0.5922.92N/AN/A62637039,96365,213
2019-08-09$90.84$88.0013.9%4.1%13.4%28.7%14.1%4.3%0.3%-1.0M-82.7M-1.3M8.8619.44N/AN/A2071,83339,96065,417
2019-08-12$90.60$88.0017.2%4.3%13.5%48.9%16.0%4.6%-0.3%-2.0M-61.7M-1.3M3.2919.36N/AN/A3711,21940,01766,885
2019-08-13$90.65$88.0016.6%4.1%13.4%45.6%15.3%3.9%0.5%-991.7K-78.3M-1.2M0.5723.33N/AN/A36120740,02767,946
2019-08-14$89.45$88.0017.3%4.9%14.3%49.3%18.0%4.8%-1.2%-6.9M-3.0M-1.3M12.3118.52N/AN/A1,64520,25140,13668,010
2019-08-15$90.17$88.0016.4%4.7%14.6%44.3%16.6%5.0%-0.2%-7.8M6.4M-1.6M0.7823.40N/AN/A33526239,18588,121
2019-08-16$91.26$88.0014.9%4.3%13.8%35.1%14.5%4.2%0.4%-3.2M-65.6M-1.5M0.1517.29N/AN/A2,06130339,30988,180
2019-08-19$91.97$88.0013.3%3.8%13.8%25.2%15.6%3.8%0.6%-6.6M-67.5M-1.4M0.7920.54N/AN/A80063036,37885,790
2019-08-20$91.28$88.0013.5%3.9%13.9%26.2%13.7%3.8%0.7%-8.7M-46.7M-1.4M1.0420.03N/AN/A14715336,60986,020
2019-08-21$91.53$88.0012.7%3.7%13.9%21.4%17.4%4.8%0.9%-8.1M-47.7M-1.4M2.7920.97N/AN/A11030736,64386,076
2019-08-22$91.88$88.0013.3%3.8%13.6%24.6%14.6%4.0%0.9%-6.8M-71.4M-1.4M0.6521.64N/AN/A20813636,68786,307
2019-08-23$90.78$88.0015.4%4.4%14.5%37.6%16.6%4.3%-0.1%-11.2M-21.9M-1.5M2.5325.98N/AN/A33785336,76586,371
2019-08-26$91.13$88.0015.3%4.4%14.5%37.1%16.8%4.2%-0.1%-9.3M-43.7M-1.4M0.3221.52N/AN/A70622836,92386,966
2019-08-27$91.31$88.0015.2%4.4%14.3%36.5%17.0%4.3%0.3%-7.9M-62.3M-1.3M8.5418.02N/AN/A2301,96537,12786,919
2019-08-28$91.47$88.0015.3%4.4%14.3%36.9%15.7%3.9%-0.2%-8.4M-46.7M-1.4M0.2319.45N/AN/A1,29229437,24188,425
2019-08-29$92.05$89.0013.3%3.8%14.4%24.6%13.9%3.5%0.2%-1.9M-105.8M-1.2M0.6019.89N/AN/A28417138,21888,670
2019-08-30$92.34$89.0013.2%3.8%14.4%24.0%16.7%3.6%0.8%-4.6M-94.9M-1.3M6.6016.82N/AN/A2801,84738,12188,674