VOX Options History — January 2026

In January 2026, VOX traded between $188.78 and $199.76. ATM implied volatility averaged 16.0%, placing in the 7.4% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded above realized volatility by 5.1% (HV 20d: 10.8%). Max pain ranged from $150.00 to $194.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 0.50.

Notable Days

2026-01-30: Highest Volume — 16 contracts
2026-01-12: Largest IV spike — 26.8% change
2026-01-13: Highest IV Rank — 16.8%
2026-01-20: Largest Expected Move — 5.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$194.41	$188.78	$199.76	$193.03	$199.40
Max Pain	$190.86	$150.00	$194.00	$150.00	$194.00
ATM IV	16.0%	12.2%	20.9%	12.2%	16.8%
Expected Move	4.5%	3.5%	5.2%	3.5%	4.8%
HV 20d	10.8%	8.0%	14.6%	10.3%	14.4%
HV 60d	14.4%	13.8%	15.1%	14.9%	14.4%
IV Rank	7.4%	0.1%	16.8%	0.1%	8.9%
IV Percentile	29.3%	0.4%	78.2%	0.4%	40.9%
Term Structure	1.0%	-2.3%	3.1%	3.1%	0.8%
VWIV	15.6%	12.0%	21.6%	13.4%	12.0%
Skew 25d	3.2%	-1.7%	5.6%	0.2%	-1.7%
Skew 10d	3.9%	1.7%	7.1%	1.7%	5.9%
Call IV 25d	13.5%	11.9%	15.6%	13.5%	15.6%
Put IV 25d	16.8%	13.7%	19.0%	13.7%	13.9%
Bid-Ask Spread %	110.37	101.53	120.74	115.44	112.34
Gamma HHI	0.17	0.12	0.24	0.12	0.24
Net GEX	108.5K	51.3K	166.2K	134.4K	78.0K
Net DEX	-2.8M	-3.5M	-1.7M	-3.3M	-2.5M
Net VEX	-3.6K	-4.4K	-3.3K	-4.0K	-4.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.50	0.00	5.00	0.00	0.14
Total Volume	4.55	0	16	5	16
Total OI	225.5	153	275	269	191

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
2026-01-02	$193.03	$150.00	12.2%	3.5%	10.3%	0.1%	13.4%	0.2%	3.1%	134.4K	-3.3M	-4.0K	0.00	115.44	N/A	N/A	5	0	243	26
2026-01-05	$194.93	$0.00	13.8%	4.3%	10.7%	3.2%	0.0%	4.1%	2.3%	145.2K	-3.5M	-3.8K	0.00	104.34	N/A	N/A	0	0	242	26
2026-01-06	$194.09	$0.00	13.3%	4.3%	10.0%	2.2%	0.0%	2.8%	1.0%	139.2K	-3.3M	-3.6K	0.00	101.53	N/A	N/A	5	0	242	26
2026-01-07	$193.39	$0.00	15.4%	4.5%	9.5%	6.4%	0.0%	2.9%	1.5%	137.3K	-3.3M	-3.9K	0.00	106.00	N/A	N/A	0	0	242	26
2026-01-08	$194.41	$0.00	14.8%	4.5%	9.7%	5.0%	0.0%	3.1%	1.8%	151.5K	-3.4M	-3.6K	0.00	108.36	N/A	N/A	0	0	242	26
2026-01-09	$195.60	$0.00	14.9%	4.3%	9.8%	5.4%	0.0%	3.7%	1.7%	162.8K	-3.5M	-3.6K	0.00	108.61	N/A	N/A	0	0	242	26
2026-01-12	$195.27	$0.00	18.9%	4.6%	9.6%	13.1%	13.7%	4.5%	0.6%	166.2K	-3.5M	-3.5K	1.00	110.11	N/A	N/A	2	2	242	26
2026-01-13	$194.39	$194.00	20.9%	4.4%	9.4%	16.8%	14.5%	3.2%	0.3%	152.7K	-3.4M	-3.5K	0.33	108.19	N/A	N/A	3	1	242	28
2026-01-14	$194.06	$194.00	16.6%	4.8%	9.4%	8.6%	0.0%	2.7%	1.4%	150.4K	-3.3M	-3.4K	0.00	107.89	N/A	N/A	2	0	243	29
2026-01-15	$193.28	$194.00	15.9%	4.6%	9.4%	7.2%	0.0%	2.9%	1.0%	140.2K	-3.2M	-3.4K	0.00	112.93	N/A	N/A	2	0	245	29
2026-01-16	$192.42	$194.00	15.9%	4.5%	8.0%	7.2%	0.0%	3.2%	1.0%	114.4K	-3.2M	-3.4K	0.00	114.23	N/A	N/A	10	0	246	29
2026-01-20	$188.78	$194.00	18.3%	5.2%	10.0%	11.8%	17.8%	3.2%	-2.3%	51.3K	-1.7M	-3.3K	0.20	104.18	N/A	N/A	10	2	147	6
2026-01-21	$190.38	$194.00	17.8%	5.1%	10.6%	10.8%	17.9%	3.4%	0.2%	53.7K	-1.9M	-3.6K	0.33	107.38	N/A	N/A	3	1	157	8
2026-01-22	$193.70	$194.00	15.3%	4.4%	12.1%	6.1%	13.7%	3.1%	1.2%	57.7K	-2.0M	-3.5K	0.00	113.54	N/A	N/A	3	0	158	9
2026-01-23	$194.64	$194.00	15.6%	4.5%	12.1%	6.7%	16.2%	3.7%	1.0%	63.3K	-2.1M	-3.7K	0.50	115.32	N/A	N/A	2	1	161	9
2026-01-26	$196.17	$194.00	15.7%	4.5%	12.4%	6.8%	0.0%	3.8%	1.7%	66.2K	-2.2M	-3.7K	0.00	113.23	N/A	N/A	0	0	162	10
2026-01-27	$195.14	$194.00	16.1%	4.6%	12.5%	7.5%	15.5%	5.6%	0.9%	65.7K	-2.2M	-3.6K	0.00	115.52	N/A	N/A	1	0	162	10
2026-01-28	$195.38	$194.00	16.4%	4.7%	12.5%	8.1%	21.6%	5.5%	0.0%	69.4K	-2.2M	-3.6K	5.00	120.74	N/A	N/A	1	5	163	10
2026-01-29	$199.76	$194.00	14.9%	4.3%	14.6%	5.4%	15.6%	4.8%	1.3%	70.9K	-2.4M	-3.6K	0.00	107.60	N/A	N/A	14	0	164	15
2026-01-30	$199.40	$194.00	16.8%	4.8%	14.4%	8.9%	12.0%	-1.7%	0.8%	78.0K	-2.5M	-4.4K	0.14	112.34	N/A	N/A	14	2	176	15