VOX Options History — March 2008

In March 2008, VOX traded between $57.85 and $62.46. ATM implied volatility averaged 44.8%, placing in the 39.4% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded above realized volatility by 17.2% (HV 20d: 27.6%). Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2008-03-12: Highest Volume — 4 contracts
  • 2008-03-17: Largest IV spike — 126.8% change
  • 2008-03-17: Highest IV Rank — 71.6%
  • 2008-03-17: Largest Expected Move — 19.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$60.35$57.85$62.46$61.24$61.88
ATM IV44.8%30.4%69.1%39.2%44.4%
Expected Move11.5%8.7%19.8%11.2%12.7%
HV 20d27.6%23.2%31.2%27.1%29.0%
HV 60d28.4%27.3%29.4%27.4%29.4%
IV Rank39.4%20.7%71.6%31.8%39.5%
IV Percentile76.3%44.4%95.6%71.8%80.6%
Term Structure-16.6%-40.9%-8.4%-14.8%-16.5%
Skew 25d-16.6%-42.4%-3.7%-6.3%-17.4%
Skew 10d-25.6%-44.8%-10.2%-11.5%-26.6%
Call IV 25d55.0%29.5%98.0%29.5%61.4%
Put IV 25d38.3%23.3%59.7%23.3%44.0%
Bid-Ask Spread %135.6764.99168.1164.99164.04
Gamma HHI0.860.501.001.001.00
Net GEX9475492.1K694811
Net DEX-11.2K-20.5K-6.2K-9.0K-9.3K
Net VEX-48-55-41-51-44
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.20400
Total OI5.24844

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-03-03$61.24$0.0039.2%11.2%27.1%31.8%0.0%0.0%0.0%694-9.0K-510.0064.99N/AN/A0040
2008-03-04$60.70$0.0046.4%13.3%27.0%41.0%0.0%-6.3%0.0%658-8.8K-510.0099.77N/AN/A0040
2008-03-05$61.47$0.0047.4%13.6%23.2%42.2%0.0%-5.2%-14.8%721-9.6K-510.00138.07N/AN/A0040
2008-03-06$60.10$0.0049.9%14.3%24.2%45.4%0.0%-12.2%-14.5%624-7.7K-470.00134.81N/AN/A0040
2008-03-07$59.93$0.0045.7%9.2%24.2%40.1%0.0%-25.0%-9.3%653-7.2K-450.00115.06N/AN/A0040
2008-03-10$58.43$0.0058.8%10.2%25.4%56.7%0.0%-17.3%-14.8%549-6.2K-410.00136.49N/AN/A0040
2008-03-11$60.23$0.0060.1%9.4%28.0%58.3%0.0%-16.2%-10.4%650-8.0K-470.00146.80N/AN/A0040
2008-03-12$59.05$0.0064.2%10.1%27.6%63.6%0.0%-17.3%-14.0%594-6.6K-410.00139.44N/AN/A4040
2008-03-13$59.13$0.0030.4%8.7%25.5%20.7%0.0%-3.7%0.0%1.5K-17.7K-550.0078.06N/AN/A0080
2008-03-14$57.85$0.0030.5%8.7%25.6%20.8%0.0%0.0%-34.9%2.1K-8.8K-450.0081.16N/AN/A0080
2008-03-17$58.18$0.0069.1%19.8%26.0%71.6%0.0%-42.4%-40.9%823-19.6K-540.00168.11N/AN/A0080
2008-03-18$59.94$0.0035.7%10.2%28.2%28.2%0.0%-19.7%-15.2%1.6K-20.1K-530.00147.09N/AN/A0080
2008-03-19$58.88$0.0039.3%11.3%27.8%32.8%0.0%-19.7%-19.5%1.5K-16.7K-470.00138.03N/AN/A0080
2008-03-20$60.36$0.0036.9%10.6%29.3%29.7%0.0%-18.8%-15.1%1.6K-20.5K-510.00146.96N/AN/A0080
2008-03-24$62.23$0.0037.8%10.8%31.2%30.9%0.0%-13.5%-8.4%809-10.1K-480.00165.67N/AN/A0040
2008-03-25$62.46$0.0038.5%11.0%30.9%31.8%0.0%-12.7%-9.4%828-10.2K-480.00166.79N/AN/A0040
2008-03-26$61.88$0.0039.5%11.3%30.7%33.1%0.0%-15.7%-12.9%793-9.2K-450.00161.65N/AN/A0040
2008-03-27$61.79$0.0040.4%11.6%30.5%34.2%0.0%-16.3%-13.6%787-9.4K-450.00162.57N/AN/A0040
2008-03-28$61.17$0.0041.4%11.9%30.6%35.6%0.0%-19.8%-17.1%754-8.5K-430.00157.94N/AN/A0040
2008-03-31$61.88$0.0044.4%12.7%29.0%39.5%0.0%-17.4%-16.5%811-9.3K-440.00164.04N/AN/A0040