VYM Options History — September 2013

In September 2013, VYM traded between $56.49 and $59.55. ATM implied volatility averaged 11.6%, placing in the 20.2% IV rank vs the trailing year. The 30-day expected move averaged 3.4%. IV traded above realized volatility by 1.6% (HV 20d: 10.0%). Max pain ranged from $55.00 to $58.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 3.37.

Notable Days

  • 2013-09-17: Highest Volume — 67 contracts
  • 2013-09-23: Largest IV spike — 31.4% change
  • 2013-09-30: Highest IV Rank — 28.1%
  • 2013-09-30: Largest Expected Move — 4.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$57.98$56.49$59.55$56.49$57.49
Max Pain$56.40$55.00$58.00$58.00$58.00
ATM IV11.6%8.8%14.2%13.8%14.2%
Expected Move3.4%2.5%4.1%4.0%4.1%
HV 20d10.0%9.1%11.0%9.1%9.7%
HV 60d10.2%8.9%11.8%11.7%9.0%
IV Rank20.2%11.5%28.1%26.9%28.1%
IV Percentile66.0%20.2%94.0%92.9%94.0%
Term Structure1.1%-1.8%5.2%0.2%-1.8%
VWIV12.0%10.0%14.6%13.2%12.1%
Skew 25d4.9%1.9%8.6%3.9%5.2%
Skew 10d7.7%-0.6%37.3%37.3%6.1%
Call IV 25d9.0%7.3%11.1%10.1%11.0%
Put IV 25d13.9%10.6%16.2%14.0%16.2%
Bid-Ask Spread %43.4326.3099.9999.9933.57
Gamma HHI0.200.160.360.180.20
Net GEX29.5K-14.8K152.3K-1.2K1.8K
Net DEX61.5K-878.9K535.8K535.8K517.3K
Net VEX-5.7K-6.2K-5.1K-5.8K-5.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.370.0046.0046.005.00
Total Volume19.05067476
Total OI779.65660906720734

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-09-03$56.49$58.0013.8%4.0%9.1%26.9%0.0%3.9%0.2%-1.2K535.8K-5.8K46.0099.99N/AN/A146330390
2013-09-04$56.90$58.0013.2%3.8%9.7%25.0%13.2%8.6%0.1%-14.8K483.8K-6.1K0.0033.39N/AN/A90331435
2013-09-05$56.89$57.0012.8%3.7%9.7%23.9%0.0%3.2%0.3%-7.7K441.8K-6.1K0.0047.70N/AN/A00340435
2013-09-06$56.90$55.0012.1%3.8%9.7%21.7%0.0%4.4%0.8%-9.2K432.9K-5.9K0.0068.29N/AN/A200340435
2013-09-09$57.38$55.0013.4%3.7%10.3%25.7%0.0%5.2%1.1%15.5K221.3K-6.0K0.0062.47N/AN/A200360435
2013-09-10$57.85$55.0011.0%3.2%10.8%18.2%0.0%5.5%1.8%21.3K-12.7K-5.9K0.0029.16N/AN/A70368435
2013-09-11$58.09$55.009.9%3.2%11.0%15.0%0.0%5.7%1.5%33.2K-115.7K-5.9K1.0036.96N/AN/A1111375435
2013-09-12$57.89$55.0011.2%3.2%10.9%18.8%0.0%5.8%2.3%30.9K-59.3K-6.2K0.0029.84N/AN/A100386446
2013-09-13$58.17$55.0010.7%3.1%9.7%17.4%0.0%6.1%2.1%40.8K-199.2K-6.1K0.0042.25N/AN/A00396446
2013-09-16$58.60$55.0012.1%3.5%9.8%21.7%11.8%6.3%0.7%47.0K-396.7K-5.7K0.0839.66N/AN/A242396446
2013-09-17$58.83$55.0012.1%3.5%9.6%21.8%12.0%4.5%0.4%64.7K-551.7K-5.8K0.6327.80N/AN/A4126418448
2013-09-18$59.55$55.0010.6%3.0%10.3%16.9%13.3%3.4%1.9%84.4K-878.9K-5.7K0.0845.81N/AN/A242432474
2013-09-19$59.42$56.0010.2%2.9%9.7%15.9%12.1%3.5%3.7%88.5K-642.5K-5.3K0.0026.54N/AN/A03386456
2013-09-20$58.95$56.008.8%2.5%10.2%11.5%10.0%1.9%5.2%152.3K-292.3K-5.1K0.0028.64N/AN/A250345456
2013-09-23$58.31$58.0011.6%3.3%10.8%19.9%11.6%5.7%0.7%2.1K312.1K-5.2K0.0031.46N/AN/A80231429
2013-09-24$58.13$58.0011.1%3.2%10.5%18.5%11.5%4.4%0.2%2.2K343.3K-5.3K1.6953.51N/AN/A1322236429
2013-09-25$57.98$58.0010.7%3.1%9.3%17.4%10.9%4.7%1.1%-38386.9K-5.4K0.0043.18N/AN/A300249451
2013-09-26$58.08$58.0011.2%3.2%9.3%18.7%11.2%5.0%0.0%24.1K291.0K-5.5K0.0062.14N/AN/A10279451
2013-09-27$57.80$58.0011.8%3.4%9.5%20.5%14.6%4.6%0.4%13.7K412.0K-5.6K2.8026.30N/AN/A514278451
2013-09-30$57.49$58.0014.2%4.1%9.7%28.1%12.1%5.2%-1.8%1.8K517.3K-5.5K5.0033.57N/AN/A15283451