VOX Options History — February 2020

In February 2020, VOX traded between $87.27 and $100.60. ATM implied volatility averaged 17.0%, placing in the 34.0% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded above realized volatility by 1.6% (HV 20d: 15.4%). Max pain ranged from $96.00 to $99.00. Net GEX was positive for 11 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.94.

Notable Days

  • 2020-02-19: Highest Volume — 43 contracts
  • 2020-02-24: Largest IV spike — 49.7% change
  • 2020-02-28: Highest IV Rank — 97.7%
  • 2020-02-28: Largest Expected Move — 10.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$96.76$87.27$100.60$95.67$87.27
Max Pain$97.11$96.00$99.00$97.00$99.00
ATM IV17.0%10.9%34.8%16.2%34.8%
Expected Move4.9%3.5%10.0%4.6%10.0%
HV 20d15.4%13.4%23.2%13.5%23.2%
HV 60d11.1%9.8%16.0%9.8%16.0%
IV Rank34.0%12.6%97.7%27.9%97.7%
IV Percentile55.0%11.1%99.6%62.3%99.6%
Term Structure-0.8%-9.2%6.5%2.0%-4.5%
VWIV19.5%11.2%34.1%11.2%34.1%
Skew 25d4.8%-7.8%15.2%1.1%-7.8%
Skew 10d7.0%-11.5%16.3%14.6%-2.1%
Call IV 25d16.2%8.1%39.9%18.9%39.9%
Put IV 25d21.0%15.2%32.1%20.0%32.1%
Bid-Ask Spread %115.5784.89153.32111.47126.48
Gamma HHI0.200.130.320.300.16
Net GEX-5.4K-106.6K99.0K-106.6K8.8K
Net DEX-328.1K-800.5K266.0K266.0K71.9K
Net VEX-1.7K-2.5K-972-2.5K-1.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.940.004.000.000.00
Total Volume9.8950431520
Total OI277.368153378286154

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-02-03$95.67$97.0016.2%4.6%13.5%27.9%11.2%1.1%2.0%-106.6K266.0K-2.5K0.00111.47N/AN/A15095191
2020-02-04$96.55$97.0015.4%4.4%13.4%28.7%14.6%13.1%-1.7%-98.2K78.5K-2.4K0.00137.20N/AN/A150109193
2020-02-05$96.56$97.0013.1%3.8%13.4%20.4%13.3%2.8%1.2%-95.9K22.3K-2.3K0.10116.38N/AN/A101109193
2020-02-06$97.67$96.0013.5%3.8%13.8%21.7%14.5%3.5%0.6%-59.9K-241.3K-2.2K0.0093.82N/AN/A90118194
2020-02-07$97.67$96.0012.8%3.8%13.8%19.2%0.0%5.3%1.6%-65.3K-220.7K-2.2K0.0085.72N/AN/A00118194
2020-02-10$98.11$96.0016.7%4.2%13.8%33.2%0.0%6.4%0.3%-36.8K-304.0K-2.1K4.0094.65N/AN/A14118193
2020-02-11$98.65$96.0010.9%3.9%13.5%12.6%0.0%3.7%-0.4%-23.5K-521.8K-1.6K0.0084.89N/AN/A20118197
2020-02-12$99.53$96.0012.1%3.5%13.8%17.0%0.0%5.9%1.0%26.0K-669.1K-1.5K0.00115.23N/AN/A40120197
2020-02-13$99.58$96.0012.3%3.5%13.8%17.7%27.9%7.3%0.6%67.6K-789.1K-9723.00100.04N/AN/A26118197
2020-02-14$99.52$96.0012.1%3.5%13.6%17.0%0.0%3.3%0.1%58.7K-711.4K-1.2K3.00102.53N/AN/A13119203
2020-02-18$100.18$96.0013.5%3.9%13.6%21.9%12.9%3.1%-0.0%99.0K-800.5K-1.1K0.5099.11N/AN/A126119206
2020-02-19$100.60$97.0012.6%3.6%13.7%18.7%15.1%2.5%-0.1%9.9K-670.3K-1.5K0.3999.63N/AN/A3112129211
2020-02-20$100.11$97.0016.8%4.8%13.8%33.6%13.4%5.4%-8.9%36.4K-731.2K-1.4K0.00137.81N/AN/A180142223
2020-02-21$98.69$97.0016.7%4.8%14.8%33.2%16.8%3.9%-5.8%-4.8K-401.7K-1.6K3.00123.88N/AN/A26155223
2020-02-24$95.83$99.0025.0%7.2%17.6%62.8%0.0%8.6%-9.2%27.7K-288.0K-1.5K0.00153.32N/AN/A0010746
2020-02-25$93.41$99.0019.3%5.5%19.1%42.4%34.1%2.8%6.5%21.3K-160.1K-1.5K0.00136.63N/AN/A0110746
2020-02-26$92.85$99.0021.5%6.2%18.5%50.3%26.5%15.2%0.0%18.9K-140.7K-1.5K0.17140.12N/AN/A6110747
2020-02-27$89.90$99.0026.9%7.7%21.3%69.5%0.0%5.6%0.9%13.2K-22.0K-1.4K0.00136.92N/AN/A0010747
2020-02-28$87.27$99.0034.8%10.0%23.2%97.7%34.1%-7.8%-4.5%8.8K71.9K-1.3K0.00126.48N/AN/A20010747