VNQ Options History — March 2022

In March 2022, VNQ traded between $101.73 and $110.56. ATM implied volatility averaged 21.8%, placing in the 58.4% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded above realized volatility by 1.1% (HV 20d: 20.8%). Max pain ranged from $101.00 to $115.00. Net GEX was positive for 1 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 1.40.

Notable Days

  • 2022-03-14: Highest Volume — 18,168 contracts
  • 2022-03-07: Largest IV spike — 18.5% change
  • 2022-03-01: Highest IV Rank — 100.0%
  • 2022-03-07: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$105.23$101.73$110.56$101.73$109.33
Max Pain$106.00$101.00$115.00$106.00$108.00
ATM IV21.8%14.4%30.8%27.9%16.8%
Expected Move6.4%4.5%8.8%8.0%4.9%
HV 20d20.8%18.4%23.2%19.9%20.2%
HV 60d18.9%18.4%20.3%18.5%20.1%
IV Rank58.4%20.4%100.0%100.0%31.9%
IV Percentile81.1%28.2%100.0%100.0%60.3%
Term Structure-0.2%-4.0%1.3%-4.0%0.4%
VWIV23.7%18.2%31.7%28.8%20.1%
Skew 25d6.7%3.4%9.3%9.3%3.5%
Skew 10d13.2%7.5%18.9%18.8%8.2%
Call IV 25d18.8%13.3%24.5%23.8%15.2%
Put IV 25d25.5%16.7%33.1%33.1%18.8%
Bid-Ask Spread %32.3216.6561.2916.8017.14
Gamma HHI0.120.060.200.190.06
Net GEX-3.0M-9.0M504.1K-9.0M-480.8K
Net DEX27.4M-23.2M90.5M90.5M-13.2M
Net VEX-559.9K-663.1K-492.0K-663.1K-577.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.400.412.681.140.94
Total Volume5,302.1743,23218,1683,7354,136
Total OI61,496.95735,23379,09874,86041,877

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-03-01$101.73$106.0027.9%8.0%19.9%100.0%28.8%9.3%-4.0%-9.0M90.5M-663.1K1.1416.80N/AN/A1,7471,98819,89554,965
2022-03-02$104.19$106.0024.0%6.9%21.9%78.0%24.9%8.4%0.0%-4.9M46.2M-612.1K1.5351.18N/AN/A1,4882,27719,97455,109
2022-03-03$104.42$106.0024.9%7.1%21.4%82.7%24.3%8.4%-0.1%-4.0M41.0M-605.5K1.2745.32N/AN/A1,6182,05420,20055,402
2022-03-04$104.92$106.0026.0%7.5%21.2%89.4%26.2%9.1%-1.2%-4.0M33.9M-622.1K0.8338.93N/AN/A2,1091,75420,41255,452
2022-03-07$103.48$106.0030.8%8.8%21.7%100.0%30.1%9.1%-2.0%-5.7M56.2M-607.5K0.9247.00N/AN/A2,0501,88420,30355,495
2022-03-08$102.60$106.0027.3%8.6%21.7%82.7%31.7%7.9%-1.8%-7.3M68.2M-595.2K2.6847.30N/AN/A1,5224,08320,36655,614
2022-03-09$104.90$106.0025.0%7.8%23.2%71.8%30.2%9.1%-0.7%-2.1M29.4M-583.1K2.2058.23N/AN/A1,5193,34820,60057,860
2022-03-10$104.26$106.0024.9%7.7%22.1%71.1%27.9%8.7%-0.1%-3.5M37.7M-575.4K1.9257.56N/AN/A1,5552,99320,68757,989
2022-03-11$103.73$106.0024.9%7.6%20.0%71.0%28.0%7.9%-0.0%-4.4M43.8M-562.3K1.7661.29N/AN/A1,6952,98020,79957,864
2022-03-14$102.71$115.0026.2%7.2%20.2%77.4%24.8%7.8%-1.2%-6.8M59.9M-530.4K1.0229.33N/AN/A8,9739,19520,91358,185
2022-03-15$103.49$106.0025.1%7.1%20.2%72.3%25.3%7.4%-0.4%-4.0M43.5M-558.1K0.4126.47N/AN/A7,2402,98818,98155,564
2022-03-16$104.49$106.0022.2%6.5%20.4%58.0%23.1%6.1%0.5%-3.2M29.9M-492.0K1.2639.47N/AN/A2,0952,63719,02756,301
2022-03-17$106.11$0.0020.3%5.9%20.9%48.9%21.7%6.8%0.5%504.1K10.8M-509.8K1.6520.36N/AN/A1,7972,96119,14456,524
2022-03-18$106.51$103.0017.8%5.5%20.6%36.5%20.9%5.6%0.9%-1.2M1.6M-493.2K2.3318.56N/AN/A2,3355,43819,15057,102
2022-03-21$105.34$104.0020.2%5.7%20.9%48.5%20.6%5.3%-0.8%-1.4M17.7M-528.1K0.9223.37N/AN/A1,6811,55112,36322,870
2022-03-22$106.14$101.0017.2%5.1%20.8%33.7%20.6%4.3%0.5%-1.2M12.4M-516.1K1.0025.96N/AN/A1,6561,64812,73323,410
2022-03-23$104.46$103.0019.2%5.5%20.9%43.5%21.0%6.2%-0.4%-1.7M22.6M-524.5K1.1422.86N/AN/A1,5981,82012,73823,765
2022-03-24$104.55$103.0017.6%5.3%20.2%35.8%19.1%5.5%0.7%-1.7M23.3M-556.6K1.1616.65N/AN/A1,6141,87612,76723,756
2022-03-25$105.94$107.0016.9%5.2%19.3%32.3%19.0%5.0%1.1%-1.3M12.0M-543.7K1.5322.09N/AN/A1,5962,43712,97023,924
2022-03-28$107.07$107.0016.1%4.9%18.4%28.2%19.5%4.0%1.2%-898.3K2.5M-540.1K1.8820.04N/AN/A1,7833,34413,15026,175
2022-03-29$110.56$107.0014.4%4.5%21.0%20.4%18.2%3.4%1.3%-484.4K-23.2M-530.3K1.2017.75N/AN/A2,7433,29813,41726,981
2022-03-30$109.43$108.0016.3%4.8%20.2%29.1%19.2%4.2%0.6%-414.1K-15.6M-552.3K1.4019.69N/AN/A2,0202,82614,08627,571
2022-03-31$109.33$108.0016.8%4.9%20.2%31.9%20.1%3.5%0.4%-480.8K-13.2M-577.0K0.9417.14N/AN/A2,1332,00314,12627,751