VOO Options History — February 2025

In February 2025, VOO traded between $538.97 and $563.10. ATM implied volatility averaged 13.8%, placing in the 21.6% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded above realized volatility by 2.1% (HV 20d: 11.7%). Max pain ranged from $530.00 to $550.00. Net GEX was positive for 16 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 0.67.

Notable Days

  • 2025-02-03: Highest Volume — 6,785 contracts
  • 2025-02-21: Largest IV spike — 20.1% change
  • 2025-02-27: Highest IV Rank — 39.2%
  • 2025-02-27: Largest Expected Move — 5.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$553.50$538.97$563.10$550.19$542.49
Max Pain$543.42$530.00$550.00$530.00$545.00
ATM IV13.8%11.6%17.1%15.2%16.8%
Expected Move4.0%3.3%5.3%4.5%5.1%
HV 20d11.7%9.5%14.6%14.6%11.1%
HV 60d12.9%12.4%14.0%14.0%13.2%
IV Rank21.6%10.1%39.2%29.0%37.7%
IV Percentile60.7%30.6%94.4%79.8%93.7%
Term Structure-0.0%-1.1%0.7%-0.3%-0.2%
VWIV14.0%11.6%21.1%14.1%16.6%
Skew 25d4.9%3.7%7.1%4.7%7.1%
Skew 10d10.7%7.7%15.0%11.8%15.0%
Call IV 25d11.5%9.6%15.0%12.5%14.5%
Put IV 25d16.4%13.7%21.7%17.2%21.7%
Bid-Ask Spread %69.9547.7078.9047.7073.64
Gamma HHI0.110.050.350.060.06
Net GEX34.3M-34.3M108.5M14.8M-2.0M
Net DEX-635.0M-881.1M-307.3M-569.1M-365.6M
Net VEX-4.4M-4.6M-4.1M-4.6M-4.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.321.110.880.50
Total Volume3,9191,9976,7856,7854,847
Total OI60,543.10553,46264,81857,14259,791

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-02-03$550.19$530.0015.2%4.5%14.6%29.0%14.1%4.7%-0.3%14.8M-569.1M-4.6M0.8847.703,6173,16830,53426,608
2025-02-04$553.08$530.0013.6%4.0%14.1%20.7%14.0%4.4%0.4%22.4M-644.6M-4.5M0.6651.921,7251,14331,98228,287
2025-02-05$554.60$530.0013.3%3.7%14.0%19.0%12.6%5.3%0.2%34.9M-680.3M-4.4M0.7152.401,26789832,87028,499
2025-02-06$556.43$540.0012.3%3.8%13.3%13.9%13.4%3.9%0.4%49.4M-726.7M-4.4M0.8573.591,16899733,41028,725
2025-02-07$552.42$540.0013.3%3.9%13.6%18.8%13.8%4.6%0.2%11.2M-615.0M-4.5M0.5776.022,8371,61933,84328,986
2025-02-10$556.14$540.0012.8%3.8%12.4%16.5%11.9%4.5%0.3%41.2M-702.5M-4.4M0.9174.442,3172,11832,05426,751
2025-02-11$556.22$545.0012.8%3.7%12.4%16.6%12.2%5.2%0.1%44.3M-709.4M-4.4M0.4275.101,40259533,16628,359
2025-02-12$554.33$545.0012.4%3.7%12.5%14.4%12.6%4.6%0.7%37.0M-650.5M-4.4M0.3277.202,22070833,63128,680
2025-02-13$560.23$545.0012.4%3.5%10.4%14.4%11.9%3.7%-0.0%87.7M-848.5M-4.3M0.8276.912,0201,66134,08528,734
2025-02-14$560.69$545.0012.1%3.4%10.4%12.9%11.6%4.1%-0.3%108.5M-863.4M-4.2M1.1176.842,5542,84634,51229,107
2025-02-18$560.82$545.0012.4%3.6%10.0%14.4%12.1%4.2%0.2%53.9M-799.3M-4.2M0.4874.282,7351,31332,19728,744
2025-02-19$563.10$545.0011.6%3.3%9.8%10.1%12.9%4.0%0.5%83.8M-881.1M-4.1M0.8775.171,7651,54333,37529,156
2025-02-20$560.96$550.0012.1%3.5%9.6%12.8%12.6%4.3%-0.1%65.0M-808.0M-4.1M0.5878.901,8881,09634,04530,150
2025-02-21$551.68$550.0014.6%4.2%11.3%25.7%14.2%5.9%-1.1%-34.3M-542.0M-4.2M0.6471.633,7572,42234,39130,427
2025-02-24$550.54$550.0014.6%4.4%11.3%26.0%14.5%5.1%0.0%14.1M-483.3M-4.3M0.4464.822,4881,09327,89525,567
2025-02-25$546.34$550.0016.1%4.8%10.4%33.7%17.3%6.6%-0.5%8.4M-417.0M-4.4M0.7367.213,1842,31929,06326,202
2025-02-26$547.29$550.0016.3%4.7%9.5%34.8%15.8%5.8%-0.7%12.4M-450.7M-4.5M0.3972.831,97978030,50527,324
2025-02-27$538.97$550.0017.1%5.3%10.8%39.2%21.1%5.3%-0.2%-1.2M-307.3M-4.5M0.8268.532,4061,96631,14827,516
2025-02-28$542.49$545.0016.8%5.1%11.1%37.7%16.6%7.1%-0.2%-2.0M-365.6M-4.6M0.5073.643,2371,61031,49628,295