VOX Options History — September 2012

In September 2012, VOX traded between $71.30 and $76.10. ATM implied volatility averaged 12.9%, placing in the 0.8% IV rank vs the trailing year. The 30-day expected move averaged 3.7%. IV traded below realized volatility by 30.7% (HV 20d: 43.6%). Max pain ranged from $70.00 to $73.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 18 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2012-09-18: Highest Volume — 6 contracts
  • 2012-09-06: Largest IV drop — 20.2% change
  • 2012-09-27: Highest IV Rank — 2.2%
  • 2012-09-04: Largest Expected Move — 4.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$74.06$71.30$76.10$71.30$75.05
Max Pain$72.53$70.00$73.00$70.00$73.00
ATM IV12.9%10.9%15.3%15.3%12.6%
Expected Move3.7%3.1%4.4%4.4%3.6%
HV 20d43.6%10.6%83.5%83.5%11.5%
HV 60d51.2%50.6%51.7%51.6%50.6%
IV Rank0.8%0.0%2.2%2.0%0.9%
IV Percentile3.0%0.0%10.3%4.4%3.6%
Term Structure2.2%-1.4%4.3%1.1%1.0%
VWIV6.6%6.6%6.6%6.6%6.6%
Skew 25d4.3%3.3%6.2%5.0%5.5%
Skew 10d8.8%3.4%12.8%7.7%11.0%
Call IV 25d10.7%7.2%12.5%12.5%9.3%
Put IV 25d15.0%12.5%17.6%17.6%14.9%
Bid-Ask Spread %72.9552.23141.6257.6468.67
Gamma HHI0.470.350.780.370.36
Net GEX4.1K2.7K6.1K4.3K6.1K
Net DEX-44.3K-74.6K-22.0K-22.0K-55.1K
Net VEX-114-227-47-54-227
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.0530604
Total OI11.789720720

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-09-04$71.30$70.0015.3%4.4%83.5%2.0%0.0%5.0%1.1%4.3K-22.0K-540.0057.64N/AN/A0070
2012-09-05$71.68$70.0015.1%4.3%82.9%1.9%0.0%6.2%0.8%4.0K-25.4K-550.0095.77N/AN/A0270
2012-09-06$72.67$70.0012.1%3.5%82.9%0.2%0.0%3.6%1.4%4.2K-28.9K-730.0052.23N/AN/A0072
2012-09-07$72.48$73.0011.6%3.8%82.9%0.0%0.0%4.0%3.3%4.6K-28.5K-690.0072.75N/AN/A0072
2012-09-10$72.68$73.0013.3%3.9%80.0%0.9%0.0%4.8%2.8%4.2K-29.1K-670.0060.99N/AN/A0072
2012-09-11$72.88$73.0013.6%4.0%79.8%1.1%0.0%4.6%2.7%4.2K-30.5K-660.0069.12N/AN/A0072
2012-09-12$73.63$73.0012.6%3.9%75.4%0.6%0.0%4.1%2.7%3.5K-35.5K-600.0064.55N/AN/A0072
2012-09-13$74.49$73.0013.1%3.7%74.6%0.8%0.0%3.5%2.7%2.7K-40.7K-490.0068.91N/AN/A0072
2012-09-14$73.64$73.0012.8%3.7%74.1%0.6%0.0%3.3%2.8%3.4K-37.3K-530.0059.56N/AN/A0072
2012-09-17$73.86$73.0012.8%3.7%12.1%0.7%0.0%3.3%3.0%3.3K-38.3K-500.0085.42N/AN/A0072
2012-09-18$74.11$73.0012.4%3.6%11.6%0.4%0.0%3.6%3.2%2.7K-40.3K-470.0059.75N/AN/A6072
2012-09-19$74.87$73.0011.7%3.4%11.6%0.1%0.0%4.1%3.3%3.6K-67.2K-1760.0069.56N/AN/A00132
2012-09-20$75.10$73.0011.5%3.3%10.6%0.0%0.0%3.8%3.8%3.4K-69.0K-1730.0057.10N/AN/A00132
2012-09-21$76.10$73.0010.9%3.1%11.0%0.0%0.0%3.3%4.3%2.9K-74.6K-1640.0071.49N/AN/A10132
2012-09-24$76.03$73.0011.4%3.3%10.8%0.2%6.6%5.3%1.2%3.4K-54.4K-1780.00100.22N/AN/A40112
2012-09-25$75.45$73.0012.8%3.7%11.0%1.0%0.0%3.5%1.3%5.7K-53.6K-1990.0064.08N/AN/A00152
2012-09-26$75.32$73.0013.9%4.0%11.0%1.6%0.0%4.1%1.1%5.5K-52.3K-2000.0066.61N/AN/A00152
2012-09-27$75.81$73.0015.1%4.3%11.0%2.2%0.0%5.3%-1.4%5.8K-58.2K-2050.00141.62N/AN/A30152
2012-09-28$75.05$73.0012.6%3.6%11.5%0.9%0.0%5.5%1.0%6.1K-55.1K-2270.0068.67N/AN/A04182