VOX Options History — February 2022

In February 2022, VOX traded between $114.88 and $130.92. ATM implied volatility averaged 25.0%, placing in the 51.2% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded below realized volatility by 9.5% (HV 20d: 34.5%). Max pain ranged from $120.00 to $126.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.07.

Notable Days

2022-02-15: Highest Volume — 589 contracts
2022-02-03: Largest IV spike — 30.6% change
2022-02-14: Highest IV Rank — 61.8%
2022-02-14: Largest Expected Move — 8.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$121.74	$114.88	$130.92	$128.70	$119.34
Max Pain	$123.79	$120.00	$126.00	$125.00	$120.00
ATM IV	25.0%	19.6%	28.0%	24.5%	26.9%
Expected Move	7.0%	5.6%	8.0%	7.0%	7.7%
HV 20d	34.5%	24.9%	37.0%	24.9%	36.1%
HV 60d	24.8%	20.0%	26.5%	20.0%	26.0%
IV Rank	51.2%	32.0%	61.8%	49.4%	58.0%
IV Percentile	88.8%	67.1%	96.0%	89.3%	94.0%
Term Structure	-1.8%	-12.5%	5.2%	-12.5%	-2.8%
VWIV	26.2%	20.2%	34.6%	20.2%	28.1%
Skew 25d	7.7%	1.7%	13.8%	8.2%	7.0%
Skew 10d	3.8%	-8.6%	13.9%	12.0%	8.4%
Call IV 25d	23.6%	19.2%	31.1%	19.2%	28.5%
Put IV 25d	31.2%	23.7%	44.9%	27.4%	35.4%
Bid-Ask Spread %	92.66	63.57	120.78	101.64	103.95
Gamma HHI	0.37	0.25	0.44	0.44	0.34
Net GEX	146.5K	79.2K	188.2K	137.8K	143.7K
Net DEX	-1.3M	-2.0M	-427.7K	-1.7M	-1.1M
Net VEX	-7.1K	-9.1K	-4.0K	-5.8K	-6.8K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.07	0.03	0.09	0.03	0.07
Total Volume	549.053	498	589	498	504
Total OI	428.158	294	482	294	466

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-02-01	$128.70	$125.00	24.5%	7.0%	24.9%	49.4%	20.2%	8.2%	-12.5%	137.8K	-1.7M	-5.8K	0.03	101.64	N/A	N/A	483	15	280	14
2022-02-02	$130.92	$125.00	19.6%	5.6%	25.9%	32.0%	23.8%	10.5%	-2.5%	146.8K	-2.0M	-6.0K	0.03	107.85	N/A	N/A	528	15	289	14
2022-02-03	$122.53	$126.00	25.6%	6.2%	33.6%	53.3%	23.9%	4.1%	-0.6%	132.7K	-1.3M	-6.6K	0.06	73.79	N/A	N/A	522	29	350	14
2022-02-04	$124.11	$126.00	26.5%	6.6%	34.1%	56.6%	23.4%	6.3%	-0.2%	174.4K	-2.0M	-9.1K	0.07	84.30	N/A	N/A	521	38	451	31
2022-02-07	$122.00	$126.00	25.5%	6.1%	34.4%	52.8%	25.8%	8.3%	2.8%	162.0K	-1.9M	-8.7K	0.07	78.33	N/A	N/A	546	38	447	22
2022-02-08	$121.82	$126.00	25.7%	6.7%	34.4%	53.7%	26.3%	6.4%	-0.5%	137.3K	-1.3M	-7.6K	0.07	76.79	N/A	N/A	521	38	398	22
2022-02-09	$125.17	$126.00	23.3%	6.7%	35.7%	45.0%	25.5%	6.7%	-4.4%	172.3K	-1.8M	-8.5K	0.07	76.82	N/A	N/A	521	38	403	22
2022-02-10	$123.54	$126.00	22.4%	6.4%	35.8%	41.9%	23.7%	7.8%	-4.5%	162.2K	-1.6M	-8.2K	0.07	85.83	N/A	N/A	522	38	403	21
2022-02-11	$121.22	$126.00	26.7%	7.6%	36.1%	57.0%	26.6%	11.6%	-2.5%	151.7K	-1.3M	-7.3K	0.07	97.24	N/A	N/A	527	38	409	21
2022-02-14	$121.20	$126.00	28.0%	8.0%	36.1%	61.8%	27.6%	4.6%	-1.6%	137.7K	-1.5M	-8.0K	0.09	81.35	N/A	N/A	536	47	419	21
2022-02-15	$122.99	$125.00	24.1%	6.9%	36.2%	48.1%	25.1%	6.5%	-0.9%	161.6K	-1.5M	-8.1K	0.08	63.57	N/A	N/A	543	46	428	30
2022-02-16	$122.70	$123.00	23.1%	6.6%	36.2%	44.4%	26.3%	11.8%	-2.9%	183.1K	-1.5M	-7.9K	0.06	104.91	N/A	N/A	543	32	438	30
2022-02-17	$119.60	$123.00	25.0%	7.2%	37.0%	51.1%	23.2%	1.7%	-1.5%	150.6K	-1.0M	-6.7K	0.07	93.86	N/A	N/A	544	37	437	31
2022-02-18	$118.26	$123.00	26.7%	7.6%	35.2%	57.1%	26.8%	6.2%	-3.4%	188.2K	-1.1M	-6.8K	0.06	95.94	N/A	N/A	543	33	443	31
2022-02-22	$116.77	$120.00	25.6%	7.3%	35.3%	53.4%	31.0%	9.6%	2.0%	119.2K	-844.2K	-6.1K	0.07	110.80	N/A	N/A	468	32	402	24
2022-02-23	$114.88	$120.00	26.6%	7.6%	35.6%	56.7%	34.6%	13.8%	5.2%	102.1K	-700.9K	-5.8K	0.07	105.76	N/A	N/A	468	32	405	29
2022-02-24	$117.53	$120.00	27.7%	7.9%	35.9%	60.7%	30.1%	7.1%	-4.3%	79.2K	-427.7K	-4.0K	0.07	120.78	N/A	N/A	507	35	405	24
2022-02-25	$119.82	$120.00	21.8%	6.2%	36.6%	39.8%	25.1%	7.7%	1.2%	141.1K	-1.0M	-6.7K	0.07	96.96	N/A	N/A	469	35	439	22
2022-02-28	$119.34	$120.00	26.9%	7.7%	36.1%	58.0%	28.1%	7.0%	-2.8%	143.7K	-1.1M	-6.8K	0.07	103.95	N/A	N/A	469	35	445	21