VOO Options History — July 2025

In July 2025, VOO traded between $568.28 and $585.84. ATM implied volatility averaged 13.7%, placing in the 11.2% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded above realized volatility by 4.7% (HV 20d: 9.0%). Max pain ranged from $530.00 to $565.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.62.

Notable Days

  • 2025-07-07: Highest Volume — 6,669 contracts
  • 2025-07-14: Largest IV spike — 7.7% change
  • 2025-07-07: Highest IV Rank — 14.1%
  • 2025-07-07: Largest Expected Move — 4.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$576.84$568.28$585.84$568.28$582.12
Max Pain$554.20$530.00$565.00$530.00$565.00
ATM IV13.7%12.5%14.7%14.3%13.4%
Expected Move3.9%3.4%4.4%3.8%3.8%
HV 20d9.0%6.5%11.2%10.3%6.9%
HV 60d16.4%11.0%30.4%30.4%11.0%
IV Rank11.2%7.8%14.1%13.1%10.5%
IV Percentile33.4%17.5%49.2%44.4%29.0%
Term Structure0.1%-0.4%0.4%-0.3%0.1%
VWIV14.4%12.3%16.6%14.9%13.1%
Skew 25d4.5%3.0%6.2%3.2%5.3%
Skew 10d9.3%3.1%15.0%9.1%15.0%
Call IV 25d11.7%10.4%12.9%12.4%11.3%
Put IV 25d16.2%14.2%19.0%15.6%16.6%
Bid-Ask Spread %62.3647.8475.5975.5969.18
Gamma HHI0.120.080.280.100.08
Net GEX76.6M44.4M106.9M94.4M48.9M
Net DEX-1.14B-1.38B-906.8M-1.15B-941.8M
Net VEX-4.6M-4.9M-4.5M-4.9M-4.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.181.490.770.98
Total Volume4,131.5912,2626,6693,2425,158
Total OI77,129.45555,72393,03085,59762,612

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-07-01$568.28$530.0014.3%3.8%10.3%13.1%14.9%3.2%-0.3%94.4M-1.15B-4.9M0.7775.591,8311,41139,00446,593
2025-07-02$569.74$530.0014.3%3.9%10.2%12.9%16.6%4.7%0.0%106.9M-1.18B-4.8M1.4964.222,2993,43039,69347,381
2025-07-03$575.42$550.0014.1%4.1%10.6%12.5%14.2%3.0%0.3%98.0M-1.38B-4.7M0.1862.925,65999440,49448,807
2025-07-07$569.67$550.0014.7%4.4%11.2%14.1%16.0%6.2%0.2%79.4M-1.14B-4.7M0.6247.844,1112,55840,28746,558
2025-07-08$570.22$555.0014.6%4.1%10.9%13.7%15.2%5.1%-0.4%79.6M-1.16B-4.7M0.5761.301,57690141,28548,259
2025-07-09$573.27$555.0013.7%3.9%10.9%11.3%16.5%4.7%-0.4%85.8M-1.26B-4.5M0.5762.411,64693541,55348,426
2025-07-10$575.85$555.0014.0%3.9%11.0%12.1%14.0%4.3%-0.3%93.9M-1.33B-4.5M0.4463.603,4921,55142,07048,751
2025-07-11$573.86$555.0013.2%3.8%11.1%9.8%14.7%4.0%0.4%79.3M-1.26B-4.6M0.4668.102,2071,01143,17249,398
2025-07-14$573.93$555.0014.2%4.1%11.1%12.6%15.4%4.5%0.2%88.9M-1.24B-4.6M0.4056.762,7051,08240,18546,523
2025-07-15$573.16$555.0014.1%4.0%9.9%12.3%14.5%4.5%0.4%92.1M-1.24B-4.6M0.4658.222,2131,01541,16147,230
2025-07-16$574.03$555.0014.1%4.0%9.3%12.3%14.8%4.6%0.2%94.2M-1.26B-4.6M0.3463.433,0171,01141,65947,888
2025-07-17$577.12$555.0014.0%4.0%8.7%12.2%14.5%4.4%-0.2%105.5M-1.35B-4.6M0.8757.773,3392,90342,17548,340
2025-07-18$576.42$555.0013.8%4.0%8.8%11.6%15.1%4.4%0.2%68.5M-1.35B-4.6M0.5061.132,9601,48342,94650,084
2025-07-21$577.87$555.0013.8%3.9%8.4%11.6%14.0%4.0%0.2%48.1M-919.8M-4.6M0.8255.742,4572,01232,38223,341
2025-07-22$578.51$555.0013.7%3.9%8.0%11.2%14.5%4.3%0.2%46.7M-911.3M-4.7M0.5458.151,46979333,35624,848
2025-07-23$581.93$555.0012.8%3.6%6.9%8.6%13.7%4.3%0.2%61.9M-1.00B-4.6M0.7058.391,8741,31533,78725,324
2025-07-24$583.42$560.0012.9%3.6%6.8%9.0%13.4%3.8%0.1%76.6M-1.05B-4.5M0.5061.571,94597234,20226,040
2025-07-25$585.84$560.0012.6%3.5%6.5%8.2%12.5%3.8%0.4%90.2M-1.12B-4.5M0.4563.492,9271,32734,63526,272
2025-07-28$584.82$560.0012.5%3.4%6.7%7.8%12.3%4.9%0.1%51.6M-998.0M-4.5M0.7866.482,5982,02732,94024,946
2025-07-29$583.64$562.5013.2%3.6%6.7%9.9%13.0%5.1%0.2%49.5M-972.6M-4.6M0.6866.731,9951,35634,19626,490
2025-07-30$581.33$565.0013.3%3.7%7.0%10.2%13.5%5.4%-0.1%44.4M-906.8M-4.7M0.5068.972,2151,11534,74626,809
2025-07-31$582.12$565.0013.4%3.8%6.9%10.5%13.1%5.3%0.1%48.9M-941.8M-4.7M0.9869.182,5992,55935,28927,323