VOX Options History — March 2025

In March 2025, VOX traded between $147.82 and $159.15. ATM implied volatility averaged 22.8%, placing in the 45.3% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 2.3% (HV 20d: 20.5%). Max pain ranged from $140.00 to $159.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.32.

Notable Days

  • 2025-03-13: Highest Volume — 69 contracts
  • 2025-03-10: Largest IV spike — 71.4% change
  • 2025-03-10: Highest IV Rank — 86.8%
  • 2025-03-10: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$152.73$147.82$159.15$157.59$148.55
Max Pain$152.50$140.00$159.00$158.00$150.00
ATM IV22.8%18.8%33.9%20.6%22.8%
Expected Move6.6%5.4%9.7%5.9%6.2%
HV 20d20.5%14.4%26.8%14.6%26.8%
HV 60d18.0%16.6%19.9%16.7%19.9%
IV Rank45.3%30.3%86.8%37.1%45.4%
IV Percentile89.3%72.6%99.6%83.7%90.9%
Term Structure-1.8%-4.7%0.8%-2.0%-2.6%
VWIV23.9%18.9%32.5%18.9%23.6%
Skew 25d4.1%2.2%6.6%4.0%4.4%
Skew 10d4.4%0.3%6.3%6.3%0.3%
Call IV 25d19.8%15.8%22.3%18.3%22.3%
Put IV 25d23.9%19.6%28.5%22.3%26.8%
Bid-Ask Spread %85.0440.24114.3097.0765.56
Gamma HHI0.080.070.090.090.07
Net GEX51.2K24.6K91.9K61.5K40.6K
Net DEX-1.1M-1.8M-509.8K-1.3M-1.1M
Net VEX-5.3K-6.5K-4.5K-5.1K-6.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.320.001.001.001.00
Total Volume1006922
Total OI264.714245326245326

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$157.59$158.0020.6%5.9%14.6%37.1%18.9%4.0%-2.0%61.5K-1.3M-5.1K1.0097.07N/AN/A1118263
2025-03-04$157.61$158.0021.1%6.0%14.5%39.0%0.0%2.5%-0.8%62.9K-1.3M-5.1K0.00102.14N/AN/A0018363
2025-03-05$159.15$158.0020.3%5.8%14.4%36.2%0.0%4.3%-0.2%70.0K-1.5M-5.0K0.00104.23N/AN/A0118363
2025-03-06$155.88$158.0025.2%7.2%14.9%54.4%0.0%6.5%-1.3%56.1K-1.2M-5.3K0.00114.30N/AN/A0018362
2025-03-07$156.87$158.0019.8%5.7%15.0%34.1%0.0%2.7%-0.2%59.4K-1.2M-4.9K0.00110.07N/AN/A0018362
2025-03-10$151.81$158.0033.9%9.7%18.3%86.8%32.5%6.6%-2.9%40.0K-845.7K-5.1K0.50106.60N/AN/A2118362
2025-03-11$150.99$157.0024.6%8.6%17.9%52.1%0.0%4.0%-4.3%37.3K-739.8K-4.9K0.00100.80N/AN/A4018364
2025-03-12$151.53$157.0021.9%8.3%18.1%41.9%0.0%3.0%-1.7%37.3K-782.2K-4.9K0.00103.21N/AN/A2018364
2025-03-13$147.82$155.0023.1%9.5%19.3%46.5%26.5%4.8%-2.0%24.6K-509.8K-4.5K0.41107.86N/AN/A492018363
2025-03-14$150.30$159.0022.8%8.9%20.6%45.5%0.0%4.7%-3.2%26.3K-549.0K-4.9K0.08107.76N/AN/A25218372
2025-03-17$152.05$140.0023.0%5.7%20.9%46.1%0.0%4.1%-3.3%33.1K-734.4K-4.9K0.0072.63N/AN/A0018872
2025-03-18$148.70$140.0024.5%5.8%21.6%51.8%22.2%4.0%-4.7%25.0K-575.6K-4.6K0.0373.57N/AN/A30118863
2025-03-19$151.59$140.0022.2%5.6%23.3%43.0%0.0%5.4%-2.9%47.3K-1.1M-5.5K0.0074.82N/AN/A0021362
2025-03-20$150.65$0.0023.6%6.0%23.3%48.2%0.0%3.3%-0.1%40.2K-1.0M-5.3K0.0040.24N/AN/A1021362
2025-03-21$151.26$0.0022.3%6.2%23.0%43.6%0.0%2.5%-0.9%43.0K-1.1M-5.4K0.0056.30N/AN/A24021462
2025-03-24$154.45$0.0022.4%5.8%24.6%44.0%0.0%4.1%-2.4%73.4K-1.6M-5.8K0.0068.38N/AN/A0021861
2025-03-25$155.75$0.0018.8%5.4%24.3%30.3%0.0%3.0%0.4%91.9K-1.8M-5.7K0.0074.20N/AN/A1022361
2025-03-26$153.75$0.0022.3%5.5%24.6%43.7%22.3%2.2%-2.6%84.7K-1.6M-5.6K0.6067.55N/AN/A5322460
2025-03-27$153.21$147.0020.9%5.7%24.2%38.5%0.0%5.0%0.8%81.2K-1.6M-5.8K0.0071.42N/AN/A0022962
2025-03-28$147.87$147.0022.3%5.7%26.8%43.4%21.0%4.2%-1.8%39.9K-972.8K-5.6K0.5967.11N/AN/A221322962
2025-03-31$148.55$150.0022.8%6.2%26.8%45.4%23.6%4.4%-2.6%40.6K-1.1M-6.5K1.0065.56N/AN/A1125175