VYM Options History — February 2008

In February 2008, VYM traded between $47.06 and $50.21. ATM implied volatility averaged 27.5%, placing in the 13.8% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 2.5% (HV 20d: 25.0%). Max pain ranged from $55.00 to $55.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 1 of 20 days.

Notable Days

  • 2008-02-06: Largest IV spike — 130.5% change
  • 2008-02-13: Highest IV Rank — 35.9%
  • 2008-02-29: Largest Expected Move — 10.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.36$47.06$50.21$50.21$47.06
Max Pain$55.00$55.00$55.00$55.00$55.00
ATM IV27.5%9.3%56.4%24.6%38.0%
Expected Move5.3%2.7%10.9%7.1%10.9%
HV 20d25.0%20.6%28.8%27.0%20.7%
HV 60d22.0%20.8%23.1%22.3%21.3%
IV Rank13.8%0.0%35.9%10.9%22.3%
IV Percentile44.4%0.0%88.1%50.0%65.1%
Term Structure-6.8%-40.1%0.3%-9.3%-40.1%
Skew 25d0.0%-6.4%10.3%0.4%-6.4%
Skew 10d-4.4%-13.7%1.5%1.5%-13.7%
Call IV 25d25.0%10.9%34.9%34.5%31.8%
Put IV 25d25.0%6.0%45.1%34.9%25.4%
Bid-Ask Spread %132.2483.24154.59154.59136.19
Gamma HHI0.440.290.530.320.47
Net GEX-5.8K-7.3K-3.7K-4.0K-5.3K
Net DEX128.6K88.6K147.7K98.7K147.7K
Net VEX-360-532-270-493-270
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI9191919191

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-02-01$50.21$0.0024.6%7.1%27.0%10.9%0.0%0.4%-9.3%-4.0K98.7K-4930.00154.59N/AN/A005140
2008-02-04$49.60$55.0048.6%7.0%27.3%29.8%0.0%10.2%-25.0%-3.7K88.6K-5320.00138.71N/AN/A005140
2008-02-05$48.10$55.0013.7%4.2%28.8%2.3%0.0%10.3%-1.0%-5.4K137.4K-3590.00109.11N/AN/A005140
2008-02-06$47.77$55.0031.6%4.2%28.6%16.4%0.0%-1.1%-3.2%-6.1K133.1K-3510.00137.13N/AN/A005140
2008-02-07$48.29$55.0033.1%4.3%28.4%17.5%0.0%0.0%-1.1%-4.7K125.0K-4200.0083.24N/AN/A005140
2008-02-08$47.69$55.0035.3%4.3%28.4%19.3%0.0%-1.4%-3.4%-5.7K137.0K-3390.00136.67N/AN/A005140
2008-02-11$47.90$55.0044.6%4.5%27.8%26.6%0.0%-0.7%-3.0%-5.8K137.1K-3370.00136.88N/AN/A005140
2008-02-12$48.23$55.0049.6%4.5%27.6%30.6%0.0%0.0%-1.8%-6.0K130.1K-3530.00138.49N/AN/A005140
2008-02-13$48.83$55.0056.4%4.5%27.9%35.9%0.0%0.1%-4.4%-5.7K123.3K-3820.00138.32N/AN/A005140
2008-02-14$48.13$55.009.3%2.7%27.2%0.0%0.0%-4.9%0.3%-6.8K127.7K-3440.00121.78N/AN/A005140
2008-02-15$48.26$55.0016.5%4.7%27.1%5.6%0.0%0.0%-2.7%-6.0K132.8K-3470.00138.82N/AN/A005140
2008-02-19$48.11$55.0017.5%5.0%23.2%6.4%0.0%0.0%-3.3%-6.2K134.3K-3390.00138.85N/AN/A005140
2008-02-20$48.27$55.0017.8%5.1%22.8%6.6%0.0%0.1%-2.4%-6.2K135.1K-3350.00139.66N/AN/A005140
2008-02-21$47.70$55.0018.0%5.2%23.2%6.8%0.0%-1.6%-6.1%-6.4K138.2K-3120.00137.97N/AN/A005140
2008-02-22$48.15$55.0018.4%5.3%20.6%7.1%0.0%0.0%-4.6%-6.5K134.5K-3210.00139.37N/AN/A005140
2008-02-25$48.74$55.0019.0%5.4%21.0%7.5%0.0%0.2%-6.9%-6.3K127.7K-3440.00140.47N/AN/A005140
2008-02-26$49.00$55.0019.4%5.6%21.1%7.9%0.0%0.1%-6.8%-6.1K124.3K-3540.00140.09N/AN/A005140
2008-02-27$48.85$55.0019.8%5.7%20.8%8.2%0.0%0.2%-7.4%-6.3K125.0K-3440.00140.19N/AN/A005140
2008-02-28$48.33$55.0019.5%5.6%20.8%7.9%0.0%-4.9%-2.7%-7.3K134.6K-3150.0098.14N/AN/A005140
2008-02-29$47.06$55.0038.0%10.9%20.7%22.3%0.0%-6.4%-40.1%-5.3K147.7K-2700.00136.19N/AN/A005140