VYM Options History — April 2008

In April 2008, VYM traded between $46.57 and $48.84. ATM implied volatility averaged 21.9%, placing in the 10.1% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded below realized volatility by 0.2% (HV 20d: 22.2%). Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2008-04-30: Highest Volume — 10 contracts
  • 2008-04-10: Largest IV drop — 48.0% change
  • 2008-04-09: Highest IV Rank — 17.8%
  • 2008-04-03: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.07$46.57$48.84$48.84$48.21
ATM IV21.9%16.4%31.6%23.0%24.1%
Expected Move5.6%4.4%7.0%6.6%6.9%
HV 20d22.2%13.6%28.0%27.9%13.6%
HV 60d23.2%21.0%24.9%24.9%21.0%
IV Rank10.1%5.7%17.8%11.0%11.8%
IV Percentile48.6%15.5%71.0%56.3%66.3%
Term Structure-5.3%-10.7%-1.1%-9.1%-7.9%
Skew 25d1.0%0.1%3.0%0.1%1.1%
Skew 10d6.5%-0.8%11.3%4.0%9.5%
Call IV 25d27.0%19.9%34.9%32.8%33.0%
Put IV 25d28.0%22.0%35.0%32.9%34.1%
Bid-Ask Spread %156.17150.90159.90156.87159.90
Gamma HHI0.510.480.550.550.50
Net GEX-7.8K-8.7K-5.4K-8.6K-8.0K
Net DEX92.8K81.5K113.0K82.9K92.0K
Net VEX-226-270-158-270-208
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.5010010
Total OI30.90930313031

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-04-01$48.84$0.0023.0%6.6%27.9%11.0%0.0%0.1%-9.1%-8.6K82.9K-2700.00156.87N/AN/A00030
2008-04-02$48.62$0.0023.7%6.8%28.0%11.5%0.0%0.1%-10.1%-8.7K85.3K-2620.00157.80N/AN/A10030
2008-04-03$48.62$0.0024.4%7.0%28.0%12.1%0.0%0.1%-10.7%-8.6K81.5K-2700.00157.80N/AN/A00130
2008-04-04$48.52$0.0026.3%4.4%26.4%13.6%0.0%2.1%-3.2%-8.7K84.8K-2670.00150.90N/AN/A00130
2008-04-07$48.60$0.0028.2%4.4%26.2%15.1%0.0%2.6%-2.7%-8.5K83.5K-2620.00151.78N/AN/A00130
2008-04-08$48.41$0.0029.8%4.8%25.7%16.4%0.0%2.1%-1.1%-8.0K86.2K-2600.00151.67N/AN/A00130
2008-04-09$47.90$0.0031.6%4.6%23.6%17.8%0.0%0.4%-1.2%-7.4K93.3K-2390.00153.74N/AN/A00130
2008-04-10$47.95$0.0016.4%4.7%23.6%5.7%0.0%0.5%-1.5%-7.6K93.0K-2370.00154.07N/AN/A00130
2008-04-11$47.05$0.0017.0%4.9%24.7%6.1%0.0%0.1%-1.8%-6.1K107.1K-1900.00155.68N/AN/A00130
2008-04-14$46.57$0.0018.2%5.2%24.1%7.1%0.0%0.1%-4.9%-5.4K113.0K-1580.00156.12N/AN/A00130
2008-04-15$46.87$0.0018.0%5.2%24.1%6.9%0.0%0.1%-3.5%-5.7K110.6K-1810.00156.37N/AN/A00130
2008-04-16$47.72$0.0017.9%5.1%22.4%6.9%0.0%0.1%-4.1%-7.7K95.0K-2210.00155.48N/AN/A00130
2008-04-17$47.83$0.0018.2%5.2%22.1%7.1%0.0%0.1%-3.8%-7.8K93.6K-2310.00156.10N/AN/A00130
2008-04-18$48.33$0.0018.6%5.3%19.6%7.4%0.0%1.7%-3.6%-8.0K89.2K-2310.00156.16N/AN/A00130
2008-04-21$48.08$0.0019.5%5.6%19.4%8.2%0.0%0.7%-4.1%-8.0K95.4K-2140.00156.59N/AN/A00130
2008-04-22$47.71$0.0020.0%5.7%19.5%8.5%0.0%0.1%-6.3%-7.5K99.7K-2040.00157.84N/AN/A00130
2008-04-23$47.69$0.0020.4%5.8%18.8%8.8%0.0%0.1%-7.1%-7.6K101.4K-2010.00158.11N/AN/A00130
2008-04-24$48.25$0.0020.7%5.9%19.3%9.1%0.0%1.3%-4.6%-8.3K96.0K-2150.00157.68N/AN/A00130
2008-04-25$48.58$0.0020.8%6.0%18.4%9.2%0.0%2.6%-8.9%-8.3K85.8K-2260.00157.54N/AN/A00130
2008-04-28$48.69$0.0022.4%6.4%18.3%10.5%0.0%3.0%-10.0%-8.6K84.2K-2200.00158.14N/AN/A00130
2008-04-29$48.40$0.0023.3%6.7%13.6%11.2%0.0%2.0%-6.2%-8.2K88.9K-2120.00159.29N/AN/A00130
2008-04-30$48.21$0.0024.1%6.9%13.6%11.8%0.0%1.1%-7.9%-8.0K92.0K-2080.00159.90N/AN/A100130