VYM Options History — April 2011

In April 2011, VYM traded between $44.19 and $46.11. ATM implied volatility averaged 9.8%, placing in the 1.8% IV rank vs the trailing year. The 30-day expected move averaged 3.2%. IV traded above realized volatility by 0.2% (HV 20d: 9.6%). Max pain ranged from $44.00 to $46.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2011-04-01: Highest Volume — 9 contracts
  • 2011-04-18: Largest IV spike — 69.8% change
  • 2011-04-18: Highest IV Rank — 3.5%
  • 2011-04-11: Largest Expected Move — 4.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.89$44.19$46.11$44.56$46.11
Max Pain$44.20$44.00$46.00$46.00$44.00
ATM IV9.8%6.4%12.8%8.9%10.4%
Expected Move3.2%1.8%4.4%2.5%3.0%
HV 20d9.6%7.9%12.1%12.1%9.2%
HV 60d24.3%23.0%25.5%25.5%23.0%
IV Rank1.8%0.0%3.5%0.8%2.7%
IV Percentile5.4%0.0%10.7%2.4%8.3%
Term Structure1.7%0.9%4.7%4.7%1.5%
Skew 25d4.5%1.0%7.5%3.8%1.0%
Skew 10d4.1%1.2%7.3%2.8%2.5%
Call IV 25d8.5%6.4%10.6%7.9%7.9%
Put IV 25d13.0%8.5%15.8%11.6%8.9%
Bid-Ask Spread %121.1582.33200.00103.1283.65
Gamma HHI0.710.481.000.870.51
Net GEX1.0K-2.7K4.7K-2.7K3.4K
Net DEX-4.9K-36.6K17.1K17.1K-36.6K
Net VEX-50-1000-45-51
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.550990
Total OI11.4118818

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2011-04-01$44.56$46.008.9%2.5%12.1%0.8%0.0%3.8%4.7%-2.7K17.1K-450.00103.12N/AN/A9008
2011-04-04$44.66$44.0011.0%3.7%11.9%2.2%0.0%7.5%1.3%834-448-1000.0088.62N/AN/A0098
2011-04-05$44.71$44.009.6%3.5%11.6%1.3%0.0%6.1%1.4%893-955-980.0091.21N/AN/A0098
2011-04-06$44.88$0.009.4%4.3%11.3%1.1%0.0%0.0%0.0%-2584.3K-10.00200.00N/AN/A0001
2011-04-07$44.79$0.007.9%4.3%11.3%0.1%0.0%0.0%0.0%-3674.1K-10.00200.00N/AN/A0001
2011-04-08$44.68$44.008.6%3.6%9.6%0.6%0.0%6.3%1.8%1.0K-573-940.0093.28N/AN/A0098
2011-04-11$44.66$0.0010.7%4.4%9.5%2.0%0.0%0.0%0.0%-2384.3K00.00200.00N/AN/A0001
2011-04-12$44.28$44.0011.8%3.9%9.9%2.8%0.0%5.4%1.6%8485.5K-860.0092.05N/AN/A0098
2011-04-13$44.28$44.0012.8%3.8%8.7%3.4%0.0%4.6%2.0%7865.9K-840.0094.93N/AN/A0098
2011-04-14$44.41$0.007.6%2.2%8.2%0.0%0.0%0.0%0.0%-584.4K00.00200.00N/AN/A0001
2011-04-15$44.69$0.007.5%2.1%8.3%0.0%0.0%0.0%0.0%-24.5K00.00200.00N/AN/A0001
2011-04-18$44.19$44.0012.7%3.6%7.9%3.5%0.0%4.8%1.1%8233.0K-770.0085.34N/AN/A0097
2011-04-19$44.38$45.009.8%2.8%7.9%1.6%0.0%6.0%0.0%4.7K-13.4K-430.00121.30N/AN/A0090
2011-04-20$45.02$44.006.4%1.8%9.2%0.0%0.0%6.4%0.0%-2.7K8.5K-310.00115.17N/AN/A0007
2011-04-21$45.08$44.0010.5%3.0%9.0%2.8%0.0%4.8%1.4%2.4K-13.0K-730.0097.73N/AN/A0097
2011-04-25$45.05$44.0010.8%3.1%8.9%3.0%0.0%4.0%1.2%2.6K-12.7K-680.0090.85N/AN/A0097
2011-04-26$45.56$44.009.5%2.7%9.5%2.1%0.0%2.1%0.0%2.7K-22.7K-590.0096.48N/AN/A0097
2011-04-27$45.85$44.0010.7%3.1%9.5%2.8%0.0%3.4%0.9%2.7K-27.4K-460.0086.88N/AN/A0097
2011-04-28$46.06$44.0010.3%2.9%9.3%2.6%0.0%1.0%1.3%2.9K-31.5K-370.0082.33N/AN/A2097
2011-04-29$46.11$44.0010.4%3.0%9.2%2.7%0.0%1.0%1.5%3.4K-36.6K-510.0083.65N/AN/A00117