VOO Options History — February 2026

In February 2026, VOO traded between $622.66 and $639.72. ATM implied volatility averaged 16.1%, placing in the 15.0% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 2.4% (HV 20d: 13.6%). Max pain ranged from $605.00 to $620.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 0.49.

Notable Days

2026-02-26: Highest Volume — 11,188 contracts
2026-02-06: Largest IV drop — 19.1% change
2026-02-05: Highest IV Rank — 21.5%
2026-02-23: Largest Expected Move — 5.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$632.19	$622.66	$639.72	$639.72	$630.27
Max Pain	$611.71	$605.00	$620.00	$620.00	$615.00
ATM IV	16.1%	13.5%	18.3%	13.5%	16.4%
Expected Move	4.6%	3.8%	5.2%	3.8%	4.8%
HV 20d	13.6%	11.3%	15.3%	11.3%	14.1%
HV 60d	11.6%	11.2%	12.1%	11.5%	11.3%
IV Rank	15.0%	7.6%	21.5%	7.6%	16.1%
IV Percentile	67.2%	36.5%	81.3%	36.5%	69.4%
Term Structure	0.1%	-0.8%	0.9%	0.2%	0.0%
VWIV	15.9%	13.6%	19.3%	13.6%	16.7%
Skew 25d	7.0%	5.6%	8.6%	6.3%	8.6%
Skew 10d	14.3%	11.2%	17.1%	11.2%	17.0%
Call IV 25d	12.9%	10.6%	14.3%	10.6%	12.8%
Put IV 25d	19.9%	16.9%	22.2%	16.9%	21.4%
Bid-Ask Spread %	79.46	69.64	84.24	82.76	69.87
Gamma HHI	0.07	0.04	0.16	0.06	0.06
Net GEX	51.1M	-26.6M	115.7M	59.5M	31.5M
Net DEX	-708.2M	-957.8M	-427.1M	-766.2M	-826.0M
Net VEX	-5.2M	-5.7M	-4.9M	-4.9M	-5.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.49	0.21	0.83	0.42	0.49
Total Volume	6,204.368	2,771	11,188	3,656	7,853
Total OI	61,392.579	52,423	69,643	52,423	69,643

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2026-02-02	$639.72	$620.00	13.5%	3.8%	11.3%	7.6%	13.6%	6.3%	0.2%	59.5M	-766.2M	-4.9M	0.42	82.76	2,572	1,084	30,647	21,776
2026-02-03	$633.31	$620.00	15.9%	4.4%	11.6%	14.5%	17.8%	6.7%	0.3%	41.6M	-601.9M	-5.0M	0.83	82.33	2,289	1,897	32,358	22,385
2026-02-04	$632.50	$620.00	16.0%	4.5%	11.4%	14.9%	16.4%	7.1%	-0.5%	33.5M	-599.5M	-4.9M	0.55	83.73	2,539	1,407	32,674	23,394
2026-02-05	$622.66	$610.00	18.3%	5.1%	12.6%	21.5%	18.4%	7.6%	-0.2%	-3.7M	-427.1M	-5.0M	0.58	80.17	3,680	2,133	33,679	24,132
2026-02-06	$635.39	$610.00	14.8%	4.5%	14.7%	11.3%	14.3%	6.3%	-0.0%	56.3M	-715.8M	-5.0M	0.43	82.06	4,764	2,033	34,876	24,850
2026-02-09	$638.97	$610.00	14.3%	4.2%	14.6%	9.9%	14.6%	5.6%	0.4%	71.2M	-813.5M	-4.9M	0.30	80.33	4,917	1,498	33,367	23,329
2026-02-10	$637.44	$605.00	14.7%	4.5%	14.6%	11.1%	14.4%	5.6%	0.9%	96.8M	-837.3M	-4.9M	0.45	79.58	1,906	865	36,386	23,951
2026-02-11	$636.88	$610.00	14.8%	4.5%	14.5%	11.3%	14.0%	6.8%	0.6%	92.7M	-815.6M	-4.9M	0.56	83.99	1,776	1,003	37,097	24,249
2026-02-12	$627.60	$610.00	17.0%	4.8%	15.3%	17.6%	16.7%	6.0%	-0.3%	24.1M	-584.6M	-4.9M	0.82	80.43	5,175	4,244	37,807	24,604
2026-02-13	$625.71	$610.00	17.6%	5.1%	15.3%	19.6%	17.0%	6.3%	0.5%	-26.6M	-535.1M	-5.1M	0.48	82.57	4,964	2,369	38,736	26,542
2026-02-17	$627.96	$610.00	17.2%	4.9%	15.3%	18.3%	16.2%	7.0%	0.4%	23.0M	-567.9M	-5.2M	0.35	80.32	6,194	2,139	34,729	24,821
2026-02-18	$630.77	$610.00	16.9%	4.8%	13.2%	17.3%	15.8%	7.6%	0.2%	49.0M	-704.0M	-5.2M	0.56	84.24	3,708	2,065	38,136	25,921
2026-02-19	$628.57	$610.00	17.4%	5.0%	12.6%	18.8%	17.3%	7.5%	-0.1%	33.1M	-687.6M	-5.5M	0.71	80.14	2,972	2,113	40,112	26,660
2026-02-20	$633.62	$610.00	15.7%	4.5%	12.8%	14.0%	14.8%	7.1%	0.7%	87.6M	-855.0M	-5.4M	0.49	82.14	5,116	2,518	40,873	27,632
2026-02-23	$626.69	$610.00	17.8%	5.2%	13.4%	20.0%	19.3%	7.9%	-0.1%	32.8M	-581.0M	-5.4M	0.62	69.64	4,460	2,786	34,460	23,266
2026-02-24	$632.14	$610.00	16.3%	4.8%	13.6%	15.7%	15.5%	8.2%	-0.7%	52.6M	-721.4M	-5.5M	0.21	72.98	4,817	1,013	36,435	24,826
2026-02-25	$637.46	$610.00	15.1%	4.6%	13.9%	12.1%	15.2%	7.4%	-0.2%	115.7M	-957.8M	-5.5M	0.29	74.20	4,533	1,293	39,136	25,347
2026-02-26	$633.89	$612.50	15.4%	4.2%	14.0%	13.2%	14.5%	7.7%	-0.8%	100.4M	-859.0M	-5.5M	0.24	78.36	9,052	2,136	41,907	25,716
2026-02-27	$630.27	$615.00	16.4%	4.8%	14.1%	16.1%	16.7%	8.6%	0.0%	31.5M	-826.0M	-5.7M	0.49	69.87	5,256	2,597	43,442	26,201