VYM Options History — May 2011

In May 2011, VYM traded between $45.12 and $46.10. ATM implied volatility averaged 15.0%, placing in the 5.8% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded above realized volatility by 4.8% (HV 20d: 10.2%). Max pain ranged from $44.00 to $44.00. Net GEX was positive for 15 of 18 trading days. Term structure was in contango for 10 of 18 days.

Notable Days

  • 2011-05-05: Largest IV spike — 478.1% change
  • 2011-05-05: Highest IV Rank — 39.4%
  • 2011-05-05: Largest Expected Move — 18.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.65$45.12$46.10$46.10$45.84
Max Pain$44.00$44.00$44.00$44.00$44.00
ATM IV15.0%7.0%65.1%7.0%11.0%
Expected Move4.4%2.0%18.7%2.0%3.2%
HV 20d10.2%8.9%10.9%9.2%10.9%
HV 60d16.2%10.6%23.0%23.0%11.2%
IV Rank5.8%0.4%39.4%0.4%3.1%
IV Percentile19.1%0.4%90.5%0.4%12.7%
Term Structure-3.9%-54.8%2.4%1.5%1.0%
Skew 25d4.8%-0.4%17.4%2.4%3.5%
Skew 10d5.2%2.5%28.1%4.0%3.0%
Call IV 25d13.5%7.0%74.4%7.0%10.6%
Put IV 25d18.3%9.4%91.8%9.4%14.1%
Bid-Ask Spread %110.7381.32200.0094.84112.16
Gamma HHI0.670.411.000.631.00
Net GEX3.1K-2.7K7.5K2.7K-2.1K
Net DEX-24.3K-43.9K5.7K-31.2K3.3K
Net VEX-32-750-36-14
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI14.667018169

Daily Data (18 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2011-05-02$46.10$44.007.0%2.0%9.2%0.4%0.0%2.4%0.0%2.7K-31.2K-360.0094.84N/AN/A0097
2011-05-03$45.99$44.0013.4%3.8%9.3%4.7%0.0%5.7%0.0%2.8K-29.8K-370.00109.78N/AN/A0097
2011-05-04$45.78$44.0011.3%3.2%9.5%3.3%0.0%2.8%1.5%3.7K-31.8K-540.0081.32N/AN/A00117
2011-05-05$45.29$44.0065.1%18.7%10.4%39.4%0.0%17.4%-54.8%591-14.0K-750.00185.55N/AN/A00117
2011-05-06$45.45$44.0015.5%4.5%10.4%6.1%0.0%2.8%0.0%2.8K-21.3K-460.00124.73N/AN/A0097
2011-05-09$45.64$44.0011.1%3.2%10.4%3.1%0.0%3.1%0.0%3.8K-27.0K-340.00106.42N/AN/A0097
2011-05-10$45.93$0.0011.2%3.8%10.5%3.2%0.0%-0.4%0.0%3.7K-32.7K-230.00200.00N/AN/A0097
2011-05-11$45.63$0.0010.0%3.5%10.3%2.4%0.0%5.8%1.4%5.0K-31.9K-430.0092.93N/AN/A00117
2011-05-12$45.94$0.0012.2%3.5%10.4%3.9%0.0%4.0%1.0%5.5K-39.2K-300.00100.77N/AN/A00117
2011-05-13$45.67$0.0012.3%3.5%10.8%3.9%0.0%5.6%1.3%5.5K-33.9K-380.0094.34N/AN/A00117
2011-05-16$45.53$0.0012.5%3.6%10.7%4.1%0.0%5.6%0.9%6.8K-33.1K-320.0096.15N/AN/A00117
2011-05-17$45.47$0.0014.3%4.1%9.8%5.3%0.0%5.3%0.8%7.5K-32.6K-300.0095.52N/AN/A00117
2011-05-18$45.85$0.0011.9%3.4%10.0%3.7%0.0%3.2%1.1%5.3K-41.2K-210.00103.89N/AN/A00117
2011-05-19$45.98$0.0011.0%3.2%8.9%3.1%0.0%4.3%2.4%3.5K-43.9K-170.00104.59N/AN/A00117
2011-05-23$45.21$0.0014.5%4.1%10.9%5.4%0.0%5.0%0.4%631-2.8K-120.0082.52N/AN/A0020
2011-05-24$45.12$0.0012.5%3.6%10.9%4.1%0.0%0.0%0.0%0000.00111.94N/AN/A0000
2011-05-26$45.31$44.0013.0%3.7%10.2%4.4%0.0%3.5%1.0%-2.7K5.7K-420.0095.72N/AN/A0029
2011-05-31$45.84$44.0011.0%3.2%10.9%3.1%0.0%0.0%0.0%-2.1K3.3K-140.00112.16N/AN/A0009