VOX Options History — May 2025

In May 2025, VOX traded between $148.79 and $159.71. ATM implied volatility averaged 21.7%, placing in the 20.6% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded below realized volatility by 4.1% (HV 20d: 25.9%). Max pain ranged from $145.00 to $158.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.01.

Notable Days

  • 2025-05-12: Highest Volume — 23 contracts
  • 2025-05-14: Largest IV drop — 33.7% change
  • 2025-05-12: Highest IV Rank — 39.0%
  • 2025-05-01: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$155.61$148.79$159.71$148.79$159.01
Max Pain$154.85$145.00$158.00$145.00$158.00
ATM IV21.7%16.9%31.6%24.2%17.8%
Expected Move5.7%4.8%6.9%6.9%5.1%
HV 20d25.9%14.5%51.6%51.6%15.0%
HV 60d34.3%34.0%34.7%34.0%34.3%
IV Rank20.6%11.6%39.0%25.3%13.2%
IV Percentile72.6%50.4%96.8%88.1%54.0%
Term Structure0.1%-1.8%1.5%-0.1%1.4%
VWIV20.7%19.1%23.5%23.5%20.4%
Skew 25d4.6%-0.2%8.7%7.5%3.7%
Skew 10d3.1%-1.4%8.0%-0.3%1.3%
Call IV 25d18.9%15.2%25.0%25.0%20.3%
Put IV 25d23.5%18.3%32.6%32.6%24.0%
Bid-Ask Spread %110.65103.16126.00122.14112.18
Gamma HHI0.100.090.120.110.09
Net GEX70.6K59.7K81.0K60.9K77.9K
Net DEX-1.4M-1.6M-1.2M-1.2M-1.4M
Net VEX-3.5K-4.2K-3.1K-4.2K-3.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.010.000.150.000.00
Total Volume2.47602301
Total OI178.524157194192168

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-05-01$148.79$145.0024.2%6.9%51.6%25.3%0.0%7.5%-0.1%60.9K-1.2M-4.2K0.00122.14N/AN/A0017517
2025-05-02$151.28$145.0022.9%6.6%48.9%22.9%0.0%3.2%0.5%60.1K-1.3M-4.2K0.00126.00N/AN/A1017517
2025-05-05$151.74$0.0025.5%6.2%45.3%27.6%23.5%5.6%-1.0%62.1K-1.3M-4.0K0.00103.36N/AN/A1017617
2025-05-06$151.31$155.0027.4%6.4%45.0%31.2%0.0%6.1%-0.0%62.2K-1.3M-4.1K0.00103.32N/AN/A0017717
2025-05-07$150.17$155.0027.2%6.4%44.1%30.8%0.0%5.2%1.4%61.6K-1.2M-4.0K0.00103.46N/AN/A1017717
2025-05-08$151.30$155.0022.5%6.1%28.5%22.0%0.0%5.6%-0.1%59.7K-1.4M-3.8K0.00103.16N/AN/A1017717
2025-05-09$150.54$155.0027.6%6.2%23.3%31.6%0.0%7.4%-0.6%63.1K-1.3M-3.9K0.00109.03N/AN/A0017717
2025-05-12$154.85$155.0031.6%5.5%24.6%39.0%0.0%8.7%-1.1%67.3K-1.6M-3.7K0.15112.56N/AN/A20317717
2025-05-13$156.89$155.0026.4%5.4%24.7%29.2%19.7%4.4%-1.8%67.9K-1.5M-3.1K0.00109.43N/AN/A10015720
2025-05-14$157.89$155.0017.5%5.0%24.3%12.7%0.0%3.8%1.2%73.0K-1.6M-3.2K0.00103.48N/AN/A2016320
2025-05-15$157.77$155.0017.5%5.0%21.0%12.8%0.0%6.3%1.5%74.0K-1.6M-3.2K0.00107.63N/AN/A1016520
2025-05-16$158.82$155.0016.9%4.8%21.0%11.6%0.0%5.5%0.4%79.9K-1.6M-3.2K0.00110.64N/AN/A0016620
2025-05-19$158.48$155.0018.5%5.3%17.2%14.7%0.0%2.8%0.4%78.5K-1.4M-3.2K0.00111.53N/AN/A301525
2025-05-20$158.01$155.0018.0%5.2%16.3%13.6%0.0%4.1%0.4%81.0K-1.4M-3.3K0.00109.63N/AN/A001555
2025-05-21$157.88$155.0019.4%5.6%15.6%16.2%19.1%2.5%-0.5%80.1K-1.4M-3.3K0.00112.03N/AN/A031555
2025-05-22$158.32$157.0019.3%5.5%14.5%16.1%20.4%-0.2%-0.9%75.3K-1.4M-3.3K0.00111.43N/AN/A021558
2025-05-23$156.97$158.0020.3%5.8%15.2%17.9%0.0%3.7%1.3%71.3K-1.3M-3.4K0.00112.48N/AN/A1015510
2025-05-27$159.59$158.0018.5%5.3%15.8%14.5%0.0%4.6%-0.2%74.2K-1.4M-3.2K0.00112.79N/AN/A0015610
2025-05-28$159.71$158.0018.7%5.4%15.9%15.0%0.0%2.6%0.2%77.2K-1.4M-3.2K0.00113.07N/AN/A0015610
2025-05-29$158.52$158.0018.9%5.4%15.9%15.3%0.0%3.9%0.2%75.9K-1.4M-3.2K0.00114.29N/AN/A2015610
2025-05-30$159.01$158.0017.8%5.1%15.0%13.2%0.0%3.7%1.4%77.9K-1.4M-3.2K0.00112.18N/AN/A1015810