VOX Options History — July 2023

In July 2023, VOX traded between $105.93 and $112.32. ATM implied volatility averaged 19.1%, placing in the 10.4% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded above realized volatility by 3.4% (HV 20d: 15.6%). Max pain ranged from $84.00 to $108.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.08.

Notable Days

2023-07-19: Highest Volume — 36 contracts
2023-07-10: Largest IV spike — 62.5% change
2023-07-10: Highest IV Rank — 29.9%
2023-07-05: Largest Expected Move — 6.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$108.80	$105.93	$112.32	$106.70	$112.32
Max Pain	$102.85	$84.00	$108.00	$84.00	$108.00
ATM IV	19.1%	14.8%	30.6%	20.8%	18.6%
Expected Move	5.1%	4.0%	6.8%	6.0%	5.3%
HV 20d	15.6%	12.7%	18.0%	12.7%	17.8%
HV 60d	17.1%	15.0%	18.4%	17.5%	15.1%
IV Rank	10.4%	3.2%	29.9%	13.3%	9.7%
IV Percentile	16.4%	2.0%	84.5%	19.0%	13.1%
Term Structure	-0.7%	-9.2%	3.5%	-9.2%	-0.7%
VWIV	16.9%	15.9%	18.0%	16.4%	17.0%
Skew 25d	3.1%	-2.7%	14.0%	14.0%	-2.2%
Skew 10d	0.9%	-11.1%	16.2%	-3.1%	-4.8%
Call IV 25d	16.9%	10.7%	22.0%	13.2%	21.7%
Put IV 25d	20.0%	15.1%	28.1%	27.2%	19.5%
Bid-Ask Spread %	112.62	72.15	144.27	114.20	110.22
Gamma HHI	0.19	0.09	0.55	0.17	0.20
Net GEX	32.7K	14.8K	61.9K	23.6K	44.1K
Net DEX	-1.3M	-1.7M	-686.3K	-1.3M	-1.1M
Net VEX	-1.7K	-2.3K	-1.0K	-1.3K	-1.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.08	0.00	0.50	0.00	0.00
Total Volume	6.95	0	36	0	1
Total OI	205.7	145	284	197	169

Daily Data (20 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
2023-07-03	$106.70	$84.00	20.8%	6.0%	12.7%	13.3%	0.0%	14.0%	-9.2%	23.6K	-1.3M	-1.3K	0.00	114.20	N/A	N/A	0	0	149	48
2023-07-05	$107.61	$84.00	23.6%	6.8%	13.0%	18.0%	0.0%	6.7%	-8.4%	24.0K	-1.4M	-1.3K	0.00	118.14	N/A	N/A	0	0	150	48
2023-07-06	$106.40	$103.00	23.3%	4.7%	13.7%	17.6%	0.0%	2.6%	3.5%	25.4K	-1.3M	-1.4K	0.00	120.31	N/A	N/A	15	0	150	48
2023-07-07	$106.50	$103.00	18.9%	4.0%	13.2%	10.1%	0.0%	9.6%	2.9%	31.5K	-1.5M	-1.6K	0.00	139.90	N/A	N/A	0	0	165	48
2023-07-10	$105.93	$103.00	30.6%	5.8%	13.5%	29.9%	0.0%	-1.2%	-5.5%	27.9K	-1.4M	-1.6K	0.00	144.27	N/A	N/A	0	1	165	48
2023-07-11	$107.79	$103.00	21.2%	5.1%	14.6%	14.0%	0.0%	-1.4%	0.7%	29.9K	-1.5M	-1.5K	0.00	132.79	N/A	N/A	0	0	165	49
2023-07-12	$109.28	$103.00	17.3%	5.0%	15.0%	7.4%	16.4%	6.2%	-0.1%	26.3K	-1.6M	-1.3K	0.00	129.64	N/A	N/A	2	0	162	49
2023-07-13	$111.15	$103.00	18.1%	5.2%	15.9%	8.9%	17.8%	6.2%	-0.8%	25.1K	-1.7M	-1.0K	0.00	133.26	N/A	N/A	17	0	164	49
2023-07-14	$109.75	$103.00	16.1%	4.6%	16.8%	5.4%	0.0%	3.5%	-0.1%	53.9K	-1.7M	-1.5K	0.00	96.95	N/A	N/A	0	1	181	49
2023-07-17	$109.53	$103.00	15.5%	4.4%	16.0%	4.4%	17.3%	2.5%	-0.9%	61.9K	-1.7M	-1.4K	0.00	87.50	N/A	N/A	0	20	181	50
2023-07-18	$110.26	$105.00	14.8%	4.2%	15.9%	3.2%	0.0%	2.0%	0.5%	50.1K	-1.7M	-1.5K	0.00	87.44	N/A	N/A	3	0	181	70
2023-07-19	$110.81	$105.00	16.8%	4.8%	15.5%	6.5%	0.0%	3.8%	1.5%	39.6K	-1.7M	-1.6K	0.50	72.15	N/A	N/A	24	12	182	70
2023-07-20	$108.47	$105.00	18.1%	5.2%	16.9%	8.7%	15.9%	2.8%	1.7%	43.4K	-1.5M	-2.1K	0.33	108.71	N/A	N/A	6	2	201	82
2023-07-21	$107.69	$105.00	17.5%	5.0%	17.2%	7.8%	0.0%	9.8%	-0.5%	36.3K	-1.5M	-2.2K	0.00	119.18	N/A	N/A	10	0	204	80
2023-07-24	$107.53	$105.00	18.2%	5.2%	17.1%	8.9%	18.0%	2.5%	-1.3%	15.2K	-686.3K	-2.3K	0.00	86.03	N/A	N/A	0	2	112	33
2023-07-25	$107.67	$108.00	18.1%	5.2%	16.9%	8.7%	0.0%	-2.7%	0.0%	14.8K	-696.0K	-2.3K	0.00	110.79	N/A	N/A	0	0	112	35
2023-07-26	$109.15	$108.00	17.8%	5.1%	16.7%	8.2%	16.8%	-1.6%	-1.1%	18.1K	-760.2K	-2.2K	0.00	93.53	N/A	N/A	2	0	112	35
2023-07-27	$109.43	$108.00	19.0%	5.4%	16.6%	10.3%	15.9%	-2.4%	0.7%	19.2K	-828.8K	-2.2K	0.00	116.39	N/A	N/A	21	0	114	35
2023-07-28	$112.08	$108.00	17.0%	4.9%	18.0%	7.0%	0.0%	1.5%	3.2%	43.3K	-1.0M	-1.9K	0.00	131.05	N/A	N/A	0	0	134	35
2023-07-31	$112.32	$108.00	18.6%	5.3%	17.8%	9.7%	17.0%	-2.2%	-0.7%	44.1K	-1.1M	-1.7K	0.00	110.22	N/A	N/A	1	0	134	35