VYM Options History — December 2007

In December 2007, VYM traded between $50.99 and $53.69. ATM implied volatility averaged 22.4%, placing in the 9.1% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 1.9% (HV 20d: 20.5%). Max pain ranged from $55.00 to $55.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days.

Notable Days

  • 2007-12-24: Largest IV spike — 226.1% change
  • 2007-12-11: Highest IV Rank — 29.1%
  • 2007-12-24: Largest Expected Move — 12.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.11$50.99$53.69$52.30$51.10
Max Pain$55.00$55.00$55.00$55.00$55.00
ATM IV22.4%13.4%47.7%21.0%21.5%
Expected Move5.4%3.6%12.9%6.0%6.2%
HV 20d20.5%16.2%23.4%23.0%16.2%
HV 60d17.8%17.3%18.3%17.6%18.1%
IV Rank9.1%2.1%29.1%8.0%8.4%
IV Percentile34.3%1.3%79.7%37.4%40.2%
Term Structure-5.7%-13.9%-1.2%-6.0%-7.3%
Skew 25d0.5%-2.6%14.4%0.2%-2.6%
Skew 10d-2.9%-9.1%5.3%-2.9%-9.1%
Call IV 25d28.8%18.9%58.4%29.7%30.2%
Put IV 25d29.3%19.0%55.9%29.9%27.6%
Bid-Ask Spread %148.1599.32194.31161.01158.22
Gamma HHI0.460.370.520.490.41
Net GEX10.3K6.0K16.1K11.9K6.0K
Net DEX-24.6K-73.5K8.2K-29.2K2.8K
Net VEX-482-659-333-553-351
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI68.561717161

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-12-03$52.30$55.0021.0%6.0%23.0%8.0%0.0%0.2%-6.0%11.9K-29.2K-5530.00161.01N/AN/A006110
2007-12-04$51.96$55.0021.5%6.2%23.1%8.4%0.0%0.0%-6.4%10.2K-27.6K-5310.00132.95N/AN/A006110
2007-12-05$52.65$55.0021.9%6.3%23.4%8.8%0.0%0.1%-8.3%13.1K-42.0K-5890.00162.09N/AN/A006110
2007-12-06$53.30$55.0024.5%7.0%21.2%10.8%0.0%0.2%-12.6%14.4K-69.0K-6590.00157.28N/AN/A006110
2007-12-07$53.40$0.0023.1%4.0%21.2%9.7%0.0%0.1%-2.9%15.6K-65.6K-6580.00138.79N/AN/A006110
2007-12-10$53.69$0.0025.4%4.2%20.9%11.5%0.0%0.1%-4.9%16.1K-73.5K-6420.00154.66N/AN/A006110
2007-12-11$52.58$0.0047.7%4.1%22.3%29.1%0.0%14.4%-5.8%13.1K-50.1K-5840.00153.90N/AN/A006110
2007-12-12$52.71$0.0028.4%3.6%20.6%13.9%0.0%1.7%-1.2%12.6K-42.1K-5650.00141.22N/AN/A006110
2007-12-13$52.77$0.0015.4%4.4%20.5%3.6%0.0%0.1%-4.6%12.5K-32.1K-5360.00154.68N/AN/A006110
2007-12-14$51.67$0.0015.7%4.5%21.6%3.9%0.0%0.1%-4.8%9.9K-3.7K-4180.00152.52N/AN/A006110
2007-12-17$50.99$0.0013.4%3.8%22.1%2.1%0.0%0.0%-3.1%7.6K8.2K-3330.00102.57N/AN/A006110
2007-12-18$51.43$0.0016.4%4.7%21.4%4.4%0.0%-0.9%-3.1%8.6K4.5K-3400.00149.91N/AN/A006110
2007-12-19$51.13$0.0017.8%5.1%21.5%5.6%0.0%0.0%-8.8%8.2K6.8K-3360.00118.58N/AN/A006110
2007-12-20$51.24$0.0017.0%4.9%20.5%4.9%0.0%-1.8%-1.6%7.7K4.4K-3470.00153.96N/AN/A006110
2007-12-21$51.91$0.0013.9%4.0%20.4%2.4%0.0%0.0%-3.6%8.9K-2.8K-3880.0099.32N/AN/A006110
2007-12-24$52.17$0.0045.2%12.9%18.7%27.1%0.0%-2.5%-13.9%6.3K-52.2K-5600.00194.31N/AN/A005110
2007-12-26$52.25$0.0018.7%5.4%18.2%6.2%0.0%0.1%-4.3%8.2K-17.5K-4430.00159.41N/AN/A005110
2007-12-27$51.58$0.0019.2%5.5%16.9%6.6%0.0%-0.3%-7.2%8.7K-9.1K-4190.00159.33N/AN/A005110
2007-12-28$51.46$0.0020.1%5.7%16.8%7.3%0.0%-0.9%-4.4%6.7K-2.1K-3900.00158.24N/AN/A005110
2007-12-31$51.10$0.0021.5%6.2%16.2%8.4%0.0%-2.6%-7.3%6.0K2.8K-3510.00158.22N/AN/A005110