VYM Options History — November 2007

In November 2007, VYM traded between $49.83 and $53.03. ATM implied volatility averaged 22.7%, placing in the 9.4% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 3.5% (HV 20d: 19.3%). Max pain ranged from $55.00 to $55.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days.

Notable Days

  • 2007-11-12: Largest IV spike — 100.5% change
  • 2007-11-12: Highest IV Rank — 30.0%
  • 2007-11-01: Largest Expected Move — 6.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.68$49.83$53.03$53.03$52.62
Max Pain$55.00$55.00$55.00$55.00$55.00
ATM IV22.7%13.6%48.9%22.6%18.0%
Expected Move4.7%3.3%6.5%6.5%5.1%
HV 20d19.3%14.4%24.3%14.8%22.9%
HV 60d16.6%15.5%17.8%16.6%17.8%
IV Rank9.4%2.2%30.0%9.3%5.6%
IV Percentile33.3%1.4%79.2%39.7%24.0%
Term Structure-3.6%-9.3%0.0%-9.3%-1.8%
Skew 25d-1.8%-9.5%2.2%-3.0%1.7%
Skew 10d-2.5%-14.4%14.8%-9.9%-4.6%
Call IV 25d20.5%8.6%31.7%31.7%18.7%
Put IV 25d18.8%10.7%28.7%28.7%20.4%
Bid-Ask Spread %143.43111.74159.07156.77144.35
Gamma HHI0.480.460.510.470.48
Net GEX10.2K4.9K14.4K13.5K12.6K
Net DEX-25.0K-71.1K22.6K-71.1K-44.8K
Net VEX-560-795-260-795-613
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI7171717171

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-11-01$53.03$0.0022.6%6.5%14.8%9.3%0.0%-3.0%-9.3%13.5K-71.1K-7950.00156.77N/AN/A006110
2007-11-02$52.80$0.0019.1%5.5%14.4%6.6%0.0%2.2%-6.5%13.3K-59.9K-7530.00111.74N/AN/A006110
2007-11-05$52.58$55.0016.7%3.9%14.4%4.7%0.0%-1.7%-1.4%12.7K-50.5K-6970.00134.88N/AN/A006110
2007-11-06$53.02$55.0027.2%3.9%14.6%12.9%0.0%0.0%-1.4%14.4K-70.9K-7700.00154.60N/AN/A006110
2007-11-07$51.53$55.0029.1%3.9%17.3%14.4%0.0%-0.3%-3.2%10.1K-21.4K-5670.00153.52N/AN/A006110
2007-11-08$51.88$55.0030.7%4.0%17.7%15.7%0.0%0.0%-1.9%10.8K-29.6K-6010.00153.01N/AN/A006110
2007-11-09$51.50$55.0024.4%4.7%17.7%10.7%0.0%1.8%-2.9%9.5K-39.0K-6540.00113.82N/AN/A006110
2007-11-12$51.22$55.0048.9%4.3%17.7%30.0%0.0%-2.6%-2.0%9.1K-11.7K-5050.00122.28N/AN/A006110
2007-11-13$52.50$55.0045.5%4.5%20.2%27.4%0.0%2.2%-4.4%12.8K-50.1K-6870.00148.01N/AN/A006110
2007-11-14$52.28$55.0024.0%3.3%20.2%10.4%0.0%-3.7%0.0%12.0K-36.5K-6450.00145.94N/AN/A006110
2007-11-15$51.71$55.0015.1%4.3%20.4%3.4%0.0%0.1%-4.1%10.4K-21.4K-5740.00154.84N/AN/A006110
2007-11-16$51.65$55.0013.6%3.9%19.0%2.2%0.0%1.3%-1.1%9.8K-32.1K-6050.00118.18N/AN/A006110
2007-11-19$50.78$55.0016.9%4.8%19.6%4.8%0.0%-3.0%-4.8%7.8K2.3K-4370.00151.15N/AN/A006110
2007-11-20$51.02$55.0015.4%4.4%19.7%3.6%0.0%-9.5%-1.0%7.7K1.6K-4480.00133.61N/AN/A006110
2007-11-21$50.16$55.0017.1%4.9%20.4%5.0%0.0%-6.1%-3.0%6.1K15.3K-3300.00149.29N/AN/A006110
2007-11-23$50.88$55.0017.4%5.0%21.2%5.2%0.0%-3.1%-4.3%7.9K2.3K-4140.00153.26N/AN/A006110
2007-11-26$49.83$55.0018.8%5.4%21.5%6.3%0.0%-8.4%-5.0%4.9K22.6K-2600.00144.04N/AN/A006110
2007-11-27$50.54$55.0018.8%5.4%22.3%6.3%0.0%-4.9%-5.7%6.7K11.2K-3490.00151.94N/AN/A006110
2007-11-28$51.76$55.0018.8%5.4%24.3%6.3%0.0%0.1%-5.5%10.8K-21.5K-5230.00157.71N/AN/A006110
2007-11-29$51.97$55.0019.2%5.5%24.3%6.6%0.0%0.1%-5.4%11.0K-20.6K-5260.00159.07N/AN/A006110
2007-11-30$52.62$55.0018.0%5.1%22.9%5.6%0.0%1.7%-1.8%12.6K-44.8K-6130.00144.35N/AN/A006110