VOX Options History — January 2021

In January 2021, VOX traded between $117.77 and $125.36. ATM implied volatility averaged 26.7%, placing in the 23.8% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 11.7% (HV 20d: 15.0%). Max pain ranged from $119.00 to $122.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.87.

Notable Days

  • 2021-01-06: Highest Volume — 69 contracts
  • 2021-01-13: Largest IV drop — 51.2% change
  • 2021-01-12: Highest IV Rank — 48.6%
  • 2021-01-29: Largest Expected Move — 9.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$120.77$117.77$125.36$118.49$120.10
Max Pain$119.79$119.00$122.00$122.00$119.00
ATM IV26.7%19.1%44.3%29.2%33.6%
Expected Move6.7%5.5%9.6%6.6%9.6%
HV 20d15.0%11.1%23.3%11.2%23.3%
HV 60d18.9%17.1%19.6%19.5%18.5%
IV Rank23.8%11.8%48.6%29.9%32.7%
IV Percentile51.8%15.9%92.9%71.8%81.3%
Term Structure-1.5%-9.2%4.5%1.0%-9.2%
VWIV21.8%10.8%42.4%10.8%42.4%
Skew 25d7.6%-0.2%22.8%7.0%22.8%
Skew 10d10.2%2.1%22.2%7.3%22.2%
Call IV 25d19.8%10.8%31.1%16.8%20.0%
Put IV 25d27.4%21.4%42.8%23.8%42.8%
Bid-Ask Spread %127.22112.31150.53122.71127.56
Gamma HHI0.200.150.270.210.18
Net GEX37.3K2.9K96.7K57.7K19.1K
Net DEX-1.7M-2.3M-1.3M-1.9M-1.3M
Net VEX-4.1K-5.0K-2.7K-2.8K-4.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.870.006.670.000.00
Total Volume15.63206930
Total OI389.737302492304390

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-01-04$118.49$122.0029.2%6.6%11.2%29.9%0.0%7.0%1.0%57.7K-1.9M-2.8K0.00122.71N/AN/A3021490
2021-01-05$119.02$122.0027.6%6.3%11.3%27.7%0.0%11.9%-1.2%58.0K-1.9M-2.7K0.00131.48N/AN/A0021290
2021-01-06$119.10$122.0029.8%6.1%11.1%30.7%10.8%15.4%-2.1%53.1K-1.9M-2.8K0.00149.36N/AN/A69021290
2021-01-07$120.96$122.0025.1%6.1%12.4%24.3%0.0%5.8%-0.4%90.7K-2.3M-3.1K0.00123.67N/AN/A0027290
2021-01-08$121.05$122.0027.5%5.9%11.5%26.2%20.1%5.0%-0.5%96.7K-2.3M-3.2K0.00121.70N/AN/A04027290
2021-01-11$119.54$119.0034.6%6.1%12.4%34.7%22.1%7.8%-3.2%61.5K-1.8M-4.1K6.67121.55N/AN/A960272150
2021-01-12$118.33$119.0044.3%7.3%12.7%48.6%19.2%5.3%-7.7%21.1K-1.4M-4.9K0.53112.31N/AN/A1910275210
2021-01-13$118.60$119.0021.6%6.2%12.7%16.2%19.9%4.6%-5.2%24.7K-1.5M-4.6K0.00115.32N/AN/A40277206
2021-01-14$118.10$119.0023.2%6.6%12.5%18.3%22.7%3.1%4.5%28.5K-1.5M-4.5K0.08124.50N/AN/A393277206
2021-01-15$117.77$119.0020.3%5.8%12.5%14.3%0.0%5.9%-0.1%10.0K-1.4M-5.0K0.00150.53N/AN/A00283209
2021-01-19$119.82$119.0022.0%6.3%13.9%16.6%0.0%7.8%2.6%2.9K-1.3M-4.1K3.00138.32N/AN/A26230136
2021-01-20$123.41$119.0019.1%5.5%17.3%11.8%19.0%2.5%2.6%13.8K-1.8M-4.0K0.00132.38N/AN/A110232142
2021-01-21$123.72$119.0021.0%6.0%17.1%14.5%21.5%-0.2%-1.1%34.9K-1.8M-4.1K0.00125.38N/AN/A40235142
2021-01-22$123.82$119.0023.3%6.7%16.9%17.9%0.0%10.9%-3.7%32.7K-1.8M-4.2K0.00128.34N/AN/A00236142
2021-01-25$124.06$119.0028.2%8.1%16.6%24.9%0.0%0.2%-5.1%22.8K-1.7M-4.3K0.00117.29N/AN/A00235142
2021-01-26$125.36$119.0023.1%6.6%16.7%17.6%20.6%4.4%1.8%35.7K-1.9M-4.1K0.00118.65N/AN/A40235142
2021-01-27$120.72$119.0028.6%8.2%21.4%25.5%42.4%10.7%-1.8%14.1K-1.3M-4.9K0.18123.64N/AN/A112237142
2021-01-28$122.59$119.0025.1%7.2%22.1%20.4%0.0%13.4%0.9%30.7K-1.7M-4.6K0.00132.47N/AN/A10247143
2021-01-29$120.10$119.0033.6%9.6%23.3%32.7%0.0%22.8%-9.2%19.1K-1.3M-4.9K0.00127.56N/AN/A00247143