VNQ Options History — June 2025

In June 2025, VNQ traded between $88.23 and $91.72. ATM implied volatility averaged 16.0%, placing in the 9.6% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 3.0% (HV 20d: 13.0%). Max pain ranged from $89.00 to $91.00. Net GEX was positive for 3 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 2.24.

Notable Days

  • 2025-06-26: Highest Volume — 8,194 contracts
  • 2025-06-17: Largest IV spike — 30.4% change
  • 2025-06-03: Highest IV Rank — 14.9%
  • 2025-06-03: Largest Expected Move — 5.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$89.79$88.23$91.72$89.37$88.72
Max Pain$89.90$89.00$91.00$89.00$90.00
ATM IV16.0%12.6%18.0%17.7%16.0%
Expected Move4.6%3.6%5.2%5.1%4.6%
HV 20d13.0%8.7%14.7%14.7%13.1%
HV 60d26.7%26.0%27.6%27.6%26.5%
IV Rank9.6%0.0%14.9%14.0%10.1%
IV Percentile33.1%0.0%67.5%62.3%28.2%
Term Structure1.2%-0.6%8.4%-0.3%0.6%
VWIV16.7%15.1%21.7%17.1%17.3%
Skew 25d3.2%2.1%5.3%3.2%2.9%
Skew 10d7.1%4.7%14.6%7.6%6.9%
Call IV 25d14.9%13.3%16.9%15.8%14.6%
Put IV 25d18.1%16.4%19.8%19.0%17.5%
Bid-Ask Spread %62.4644.6182.4780.6172.19
Gamma HHI0.100.080.120.080.09
Net GEX-1.1M-3.5M642.3K-502.6K-2.3M
Net DEX28.6M16.1M50.5M29.3M39.0M
Net VEX-539.1K-557.7K-510.7K-522.1K-545.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.240.1011.660.650.79
Total Volume1,492.12028,194810497
Total OI42,542.4535,05148,27140,93642,624

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-06-02$89.37$89.0017.7%5.1%14.7%14.0%17.1%3.2%-0.3%-502.6K29.3M-522.1K0.6580.61N/AN/A49231817,17223,764
2025-06-03$89.21$89.0018.0%5.2%14.7%14.9%17.9%2.9%-0.6%-243.5K29.4M-527.1K2.4282.47N/AN/A5914317,48323,987
2025-06-04$89.68$89.0014.5%4.2%14.7%4.1%15.1%2.1%0.8%-30.3K23.8M-525.0K1.0782.09N/AN/A13514517,52124,106
2025-06-05$89.63$90.0016.9%4.8%14.7%11.5%17.1%4.2%0.6%-283.4K27.0M-523.3K0.2464.01N/AN/A1934617,57924,153
2025-06-06$89.86$90.0015.8%4.6%14.6%7.9%15.1%3.1%1.8%-70.7K23.3M-529.5K0.7450.39N/AN/A23117017,67924,145
2025-06-09$90.05$90.0016.4%4.6%14.6%9.8%16.0%3.0%1.3%245.5K23.1M-510.7K0.6644.61N/AN/A1459617,80124,257
2025-06-10$90.47$90.0016.2%4.5%14.7%9.2%15.7%2.5%1.9%642.3K16.1M-519.9K0.5448.04N/AN/A24012917,88524,275
2025-06-11$90.20$90.0016.4%4.7%14.5%9.8%18.7%3.8%1.0%384.9K19.1M-516.9K2.5851.63N/AN/A1,3573,50517,93724,323
2025-06-12$90.50$90.0016.2%4.6%13.6%9.1%15.6%3.5%1.3%-246.4K18.7M-556.4K2.3355.25N/AN/A25559418,95726,887
2025-06-13$89.53$90.0017.4%5.0%13.0%12.9%21.7%3.7%0.6%-1.3M32.2M-557.7K2.9356.62N/AN/A4381,28318,95627,448
2025-06-16$89.89$90.0012.6%3.6%12.4%0.0%17.1%5.3%8.4%-1.3M28.8M-551.9K0.1067.24N/AN/A6336319,14528,665
2025-06-17$89.64$90.0016.5%4.7%12.4%11.6%16.6%3.1%0.8%-2.0M34.3M-553.8K2.0751.77N/AN/A39982719,01128,711
2025-06-18$90.14$90.0016.1%4.6%12.4%10.5%15.9%2.9%0.8%-2.2M26.0M-555.9K0.3964.19N/AN/A2238718,95629,185
2025-06-20$89.92$90.0015.9%4.6%8.7%10.0%17.4%3.3%1.1%-786.1K26.6M-545.5K2.6955.51N/AN/A5711,53519,05829,213
2025-06-23$91.08$90.0014.9%4.3%9.3%7.0%15.1%3.4%1.4%-2.1M26.7M-545.3K0.3060.83N/AN/A85225611,07523,976
2025-06-24$91.72$90.0014.1%4.0%9.4%4.4%15.6%2.4%1.1%-1.5M18.6M-551.9K0.9070.93N/AN/A48643711,81324,199
2025-06-25$89.47$90.0016.5%4.7%12.5%11.7%15.9%2.4%-0.3%-2.7M38.4M-547.5K11.6668.16N/AN/A3283,82512,10124,492
2025-06-26$88.23$91.0016.4%4.7%13.5%11.2%17.7%3.4%0.7%-3.5M50.5M-555.7K11.0355.98N/AN/A6817,51311,90528,093
2025-06-27$88.42$90.0016.3%4.7%13.1%11.2%16.3%3.4%0.7%-2.3M41.6M-541.6K0.7766.66N/AN/A37128412,19230,120
2025-06-30$88.72$90.0016.0%4.6%13.1%10.1%17.3%2.9%0.6%-2.3M39.0M-545.2K0.7972.19N/AN/A27821912,41930,205