VNQ Options History — January 2026

In January 2026, VNQ traded between $88.41 and $92.47. ATM implied volatility averaged 14.8%, placing in the 7.2% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded above realized volatility by 5.3% (HV 20d: 9.5%). Max pain ranged from $89.00 to $90.00. Net GEX was positive for 6 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 0.60.

Notable Days

  • 2026-01-15: Highest Volume — 3,508 contracts
  • 2026-01-12: Largest IV spike — 28.0% change
  • 2026-01-12: Highest IV Rank — 15.6%
  • 2026-01-30: Largest Expected Move — 4.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$90.16$88.41$92.47$88.41$90.60
Max Pain$89.50$89.00$90.00$90.00$90.00
ATM IV14.8%12.5%17.6%14.1%15.7%
Expected Move4.2%3.9%4.5%4.0%4.5%
HV 20d9.5%6.6%12.0%6.6%11.7%
HV 60d11.6%10.2%12.3%12.0%10.3%
IV Rank7.2%0.2%15.6%4.9%9.8%
IV Percentile16.6%0.4%67.5%4.4%28.6%
Term Structure0.9%-0.2%1.7%0.5%0.4%
VWIV15.3%13.5%17.0%13.5%17.0%
Skew 25d3.2%1.6%4.5%2.7%3.6%
Skew 10d6.1%2.4%10.1%7.0%4.9%
Call IV 25d12.9%12.2%14.3%12.7%12.2%
Put IV 25d16.0%14.4%17.4%15.4%15.7%
Bid-Ask Spread %67.8451.6779.1479.1462.09
Gamma HHI0.100.090.160.110.10
Net GEX-87.1K-1.6M3.8M-1.5M-361.4K
Net DEX20.8M-19.6M37.4M37.4M20.9M
Net VEX-471.3K-496.2K-448.2K-448.2K-476.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.600.102.951.250.72
Total Volume1,378.13973,5087911,091
Total OI36,655.8525,43846,90340,70629,102

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$88.41$90.0014.1%4.0%6.6%4.9%13.5%2.7%0.5%-1.5M37.4M-448.2K1.2579.14N/AN/A35144013,15227,554
2026-01-05$88.91$89.0014.1%4.0%7.0%4.8%15.0%3.3%1.1%-1.4M35.2M-448.8K1.0463.75N/AN/A29030213,23127,899
2026-01-06$89.55$89.0012.5%3.9%7.5%0.2%14.5%3.4%0.8%-757.6K29.2M-449.8K0.4166.80N/AN/A56923413,33728,086
2026-01-07$88.62$89.0015.5%4.2%7.8%9.1%16.8%4.5%0.8%-1.4M34.3M-451.1K2.9570.14N/AN/A7692,26513,54628,187
2026-01-08$89.22$89.0016.1%4.2%8.1%11.1%13.9%4.0%1.2%-1.6M33.0M-471.5K0.5872.87N/AN/A25114613,90030,246
2026-01-09$89.59$89.0013.8%3.9%8.0%3.9%14.8%2.7%1.7%-1.2M29.1M-465.6K0.3766.62N/AN/A54520213,97730,337
2026-01-12$89.50$89.0017.6%4.1%8.0%15.6%15.1%2.7%1.7%-1.3M27.9M-452.8K0.9267.03N/AN/A38034914,23230,456
2026-01-13$89.95$89.0016.3%4.0%8.2%11.6%14.6%3.4%1.6%-265.8K23.2M-459.4K0.4769.54N/AN/A78737114,44830,861
2026-01-14$90.54$89.0014.6%4.2%8.5%6.4%13.8%3.0%0.9%1.8M11.7M-472.6K0.2873.39N/AN/A85423614,83631,079
2026-01-15$91.37$90.0014.0%4.0%8.8%4.7%14.3%2.9%0.8%3.8M-4.9M-466.7K0.1963.12N/AN/A2,95455415,15631,187
2026-01-16$92.47$89.0013.8%3.9%9.6%3.9%13.6%1.6%0.8%3.8M-19.6M-480.1K0.1067.96N/AN/A2,42924015,69231,211
2026-01-20$90.97$89.0015.6%4.5%11.4%9.3%16.2%3.5%0.3%52.9K14.5M-480.9K0.4854.99N/AN/A1,2355879,40716,031
2026-01-21$91.13$90.0015.4%4.4%11.2%8.9%16.3%2.3%0.8%171.4K15.1M-488.0K0.3470.15N/AN/A1,0653579,99416,481
2026-01-22$90.49$90.0015.2%4.4%11.2%8.4%16.1%2.6%-0.2%-19.0K20.1M-484.9K0.2772.43N/AN/A91324710,44316,599
2026-01-23$90.53$90.0014.3%4.1%11.2%5.6%16.7%3.4%1.3%176.0K19.6M-482.2K1.0669.71N/AN/A1,0461,10710,65816,686
2026-01-26$90.66$90.0015.0%4.3%11.0%7.8%14.6%3.4%0.1%-140.1K19.0M-496.2K0.1170.96N/AN/A95910410,77517,701
2026-01-27$90.41$90.0014.8%4.2%11.1%6.9%16.0%4.0%1.6%-364.9K22.0M-478.9K0.1166.45N/AN/A98910910,91417,754
2026-01-28$89.65$90.0014.6%4.2%11.6%6.4%16.8%2.8%1.0%-1.1M28.1M-489.8K0.2878.04N/AN/A85723611,03717,806
2026-01-29$90.53$90.0013.7%3.9%12.0%3.8%15.7%3.2%1.3%-283.2K19.4M-480.9K0.1251.67N/AN/A1,02112111,08518,034
2026-01-30$90.60$90.0015.7%4.5%11.7%9.8%17.0%3.6%0.4%-361.4K20.9M-476.7K0.7262.09N/AN/A63445711,05318,049