VOX Options History — December 2012

In December 2012, VOX traded between $69.08 and $73.32. ATM implied volatility averaged 17.3%, placing in the 3.4% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded above realized volatility by 4.3% (HV 20d: 13.0%). Max pain ranged from $70.00 to $77.00. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 1.53.

Notable Days

  • 2012-12-21: Highest Volume — 64 contracts
  • 2012-12-28: Largest IV spike — 18.3% change
  • 2012-12-28: Highest IV Rank — 5.4%
  • 2012-12-28: Largest Expected Move — 6.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$71.22$69.08$73.32$71.25$70.01
Max Pain$70.35$70.00$77.00$70.00$70.00
ATM IV17.3%14.6%21.0%18.0%18.0%
Expected Move4.9%4.2%6.0%5.2%5.2%
HV 20d13.0%8.9%15.4%15.4%14.8%
HV 60d13.4%12.7%14.2%13.4%14.2%
IV Rank3.4%2.0%5.4%3.8%3.8%
IV Percentile22.4%14.7%33.7%21.8%27.8%
Term Structure0.7%-4.0%6.5%-3.8%-0.5%
VWIV16.0%16.0%16.0%16.0%16.0%
Skew 25d6.0%-2.2%13.3%5.2%6.0%
Skew 10d12.8%-0.3%17.6%9.5%15.1%
Call IV 25d15.0%9.5%20.3%18.8%15.3%
Put IV 25d21.0%18.1%24.6%24.1%21.3%
Bid-Ask Spread %57.0438.7476.5560.7876.55
Gamma HHI0.170.140.300.140.18
Net GEX1.7K-7.1K7.3K3.1K61
Net DEX-13.9K-60.0K33.9K-12.8K8.8K
Net VEX-767-838-663-838-691
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.530.003.920.003.92
Total Volume4.3506400
Total OI80.0567918170

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-12-03$71.25$70.0018.0%5.2%15.4%3.8%0.0%5.2%-3.8%3.1K-12.8K-8380.0060.78N/AN/A004437
2012-12-04$71.14$70.0017.3%5.0%15.3%3.4%0.0%4.6%-3.7%3.0K-9.3K-8320.0041.03N/AN/A104437
2012-12-05$71.17$70.0017.2%4.9%15.3%3.3%0.0%-2.2%-4.0%3.6K-13.0K-8250.0038.74N/AN/A004537
2012-12-06$71.23$70.0017.6%5.1%12.4%3.6%0.0%-1.5%-4.0%3.7K-15.5K-8180.0045.71N/AN/A004537
2012-12-07$71.29$70.0016.7%4.8%11.9%3.1%0.0%5.9%-0.1%4.8K-21.6K-8000.0060.72N/AN/A004537
2012-12-10$71.06$70.0018.9%4.6%12.0%4.2%0.0%5.7%0.3%4.3K-12.8K-7580.0066.17N/AN/A004537
2012-12-11$71.83$70.0018.1%4.6%12.4%3.9%0.0%7.0%2.4%4.1K-34.7K-8040.0052.45N/AN/A004537
2012-12-12$72.44$70.0018.1%4.6%12.6%3.8%0.0%7.7%2.7%7.3K-59.9K-7910.0054.06N/AN/A004537
2012-12-13$72.51$70.0016.6%4.7%11.5%3.0%0.0%6.7%3.0%7.0K-60.0K-7930.0048.18N/AN/A094537
2012-12-14$72.40$70.0017.0%4.9%10.8%3.2%0.0%7.8%2.2%-124-29.9K-8230.0066.17N/AN/A034546
2012-12-17$72.91$70.0014.6%4.2%10.9%2.0%0.0%9.5%4.6%123-35.7K-7960.0053.79N/AN/A004546
2012-12-18$73.32$70.0014.7%4.2%8.9%2.0%0.0%8.1%3.9%1.0K-56.2K-7780.0064.60N/AN/A004546
2012-12-19$72.85$70.0017.3%5.0%8.9%3.4%0.0%13.3%6.5%2.9K-37.4K-7280.6750.07N/AN/A644546
2012-12-20$70.57$70.0016.2%4.6%15.0%2.8%0.0%5.7%0.7%-3.3K21.2K-7190.0059.36N/AN/A003542
2012-12-21$70.04$70.0016.2%4.6%14.5%2.8%16.0%5.9%2.3%-7.1K33.9K-7083.9248.66N/AN/A13513542
2012-12-24$69.83$77.0016.9%4.8%14.5%3.2%0.0%6.4%0.7%1.2K11.9K-6630.0071.56N/AN/A003532
2012-12-26$69.71$70.0017.5%5.0%14.4%3.5%0.0%6.5%0.9%-23413.4K-7290.0064.96N/AN/A003535
2012-12-27$69.73$70.0017.8%5.1%14.3%3.7%0.0%5.8%0.2%-15111.0K-7300.0055.41N/AN/A003535
2012-12-28$69.08$70.0021.0%6.0%13.9%5.4%0.0%6.0%-0.6%-58921.2K-7220.0061.90N/AN/A003535
2012-12-31$70.01$70.0018.0%5.2%14.8%3.8%0.0%6.0%-0.5%618.8K-6910.0076.55N/AN/A003535