VYM Options History — August 2008

In August 2008, VYM traded between $43.44 and $45.37. ATM implied volatility averaged 43.5%, placing in the 23.4% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded above realized volatility by 18.4% (HV 20d: 25.1%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 21 of 21 trading days.

Notable Days

  • 2008-08-11: Largest IV spike — 158.5% change
  • 2008-08-28: Highest IV Rank — 31.8%
  • 2008-08-28: Largest Expected Move — 16.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.25$43.44$45.37$43.60$44.41
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV43.5%16.2%55.7%38.1%22.7%
Expected Move12.5%4.7%16.0%10.9%6.5%
HV 20d25.1%21.5%28.2%26.6%22.4%
HV 60d22.6%21.0%23.6%21.0%23.4%
IV Rank23.4%4.7%31.8%19.7%9.1%
IV Percentile85.5%11.5%94.0%88.5%54.8%
Skew 25d-21.2%-30.1%-7.7%-21.8%-13.6%
Skew 10d-27.7%-39.6%-12.9%-27.9%-20.7%
Call IV 25d61.4%23.8%77.5%54.9%33.1%
Put IV 25d40.2%16.1%55.1%33.1%19.5%
Bid-Ask Spread %162.19136.61174.91158.02136.61
Gamma HHI1.001.001.001.001.00
Net GEX8785431.1K816543
Net DEX-9.6K-12.6K-1.6K-9.7K-1.6K
Net VEX-40-51-9-49-9
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1010101010

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-08-01$43.60$50.0038.1%10.9%26.6%19.7%0.0%-21.8%0.0%816-9.7K-490.00158.02N/AN/A00100
2008-08-04$43.44$50.0039.3%11.3%26.4%20.5%0.0%-23.4%0.0%797-9.4K-470.00156.59N/AN/A00100
2008-08-05$44.58$50.0039.5%11.3%26.7%20.7%0.0%-17.1%0.0%946-11.1K-510.00167.94N/AN/A00100
2008-08-06$44.72$50.0039.9%11.4%25.8%20.9%0.0%-16.6%0.0%965-11.4K-500.00168.90N/AN/A00100
2008-08-07$43.76$50.0040.6%11.6%27.2%21.4%0.0%-22.1%0.0%838-9.7K-460.00161.43N/AN/A00100
2008-08-08$44.88$50.0016.2%4.7%28.2%4.7%0.0%-7.7%0.0%799-2.7K-180.00139.48N/AN/A00100
2008-08-11$45.37$50.0042.0%12.0%27.3%22.4%0.0%-14.0%0.0%1.1K-12.6K-510.00174.91N/AN/A00100
2008-08-12$44.73$50.0042.9%12.3%27.5%23.0%0.0%-17.6%0.0%969-11.3K-470.00169.59N/AN/A00100
2008-08-13$44.35$50.0043.5%12.5%25.6%23.4%0.0%-20.2%0.0%915-10.6K-460.00165.22N/AN/A00100
2008-08-14$44.56$50.0044.0%12.6%25.2%23.8%0.0%-19.1%0.0%947-10.9K-460.00168.69N/AN/A00100
2008-08-15$44.89$50.0044.5%12.8%25.2%24.1%0.0%-17.4%0.0%993-11.5K-450.00171.10N/AN/A00100
2008-08-18$44.21$50.0046.8%13.4%25.8%25.6%0.0%-22.5%0.0%897-10.3K-400.00164.36N/AN/A00100
2008-08-19$43.62$50.0047.6%13.7%25.2%26.2%0.0%-26.8%0.0%822-9.3K-390.00160.16N/AN/A00100
2008-08-20$43.76$50.0048.4%13.9%25.0%26.7%0.0%-26.2%0.0%839-9.5K-380.00161.41N/AN/A00100
2008-08-21$43.83$50.0049.2%14.1%23.5%27.3%0.0%-26.2%0.0%847-9.6K-380.00160.82N/AN/A00100
2008-08-22$44.46$50.0049.8%14.3%23.9%27.7%0.0%-22.2%0.0%934-10.6K-400.00167.29N/AN/A00100
2008-08-25$43.62$50.0052.8%15.2%24.0%29.8%0.0%-29.7%0.0%822-9.2K-350.00159.91N/AN/A00100
2008-08-26$43.63$50.0053.9%15.5%22.0%30.5%0.0%-30.1%0.0%823-9.2K-340.00160.16N/AN/A00100
2008-08-27$44.00$50.0054.9%15.7%21.5%31.2%0.0%-27.9%0.0%870-9.8K-340.00163.06N/AN/A00100
2008-08-28$44.84$50.0055.7%16.0%22.0%31.8%0.0%-22.1%0.0%987-11.2K-360.00170.33N/AN/A00100
2008-08-29$44.41$50.0022.7%6.5%22.4%9.1%0.0%-13.6%0.0%543-1.6K-90.00136.61N/AN/A00100