VYM Options History — February 2015

In February 2015, VYM traded between $67.68 and $70.44. ATM implied volatility averaged 10.9%, placing in the 17.9% IV rank vs the trailing year. The 30-day expected move averaged 3.2%. IV traded below realized volatility by 3.9% (HV 20d: 14.7%). Max pain ranged from $68.00 to $68.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 0.82.

Notable Days

  • 2015-02-10: Highest Volume — 323 contracts
  • 2015-02-04: Largest IV spike — 20.9% change
  • 2015-02-04: Highest IV Rank — 26.8%
  • 2015-02-09: Largest Expected Move — 4.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$69.46$67.68$70.44$67.68$70.05
Max Pain$68.00$68.00$68.00$68.00$68.00
ATM IV10.9%9.1%13.0%12.5%9.4%
Expected Move3.2%2.6%4.0%3.6%2.7%
HV 20d14.7%11.7%17.1%17.1%11.7%
HV 60d13.5%12.9%13.7%12.9%13.6%
IV Rank17.9%10.3%26.8%25.0%11.6%
IV Percentile63.7%34.9%85.3%81.0%40.5%
Term Structure0.5%-1.1%2.3%1.1%0.7%
VWIV11.9%9.0%15.3%11.9%9.0%
Skew 25d4.5%1.2%6.4%6.4%3.7%
Skew 10d9.4%5.0%13.2%7.1%5.5%
Call IV 25d9.0%7.1%11.6%9.4%7.1%
Put IV 25d13.5%10.6%16.8%15.7%10.8%
Bid-Ask Spread %103.2772.52127.60114.97112.20
Gamma HHI0.330.160.640.160.24
Net GEX320.7K129.3K685.8K129.3K208.8K
Net DEX-2.0M-2.9M-803.0K-803.0K-2.1M
Net VEX-8.7K-9.9K-6.8K-9.5K-7.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.820.001.171.170.86
Total Volume242.895132313285
Total OI1,096.1589041,2091,081935

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-02-02$67.68$68.0012.5%3.6%17.1%25.0%11.9%6.4%1.1%129.3K-803.0K-9.5K1.17114.97N/AN/A67649432
2015-02-03$68.59$68.0010.7%3.1%16.4%17.3%12.2%4.4%1.0%213.2K-1.4M-9.7K1.01115.86N/AN/A160162652444
2015-02-04$68.22$68.0013.0%3.7%16.3%26.8%12.7%1.2%1.0%186.9K-1.2M-9.9K0.78116.43N/AN/A160125650444
2015-02-05$68.93$68.0011.7%3.4%16.3%21.4%12.1%5.1%2.3%248.6K-1.6M-9.5K0.7172.52N/AN/A172122656459
2015-02-06$68.63$68.0011.7%3.7%15.1%21.3%15.1%5.3%1.6%220.2K-1.5M-9.6K0.7877.64N/AN/A165129667461
2015-02-09$68.44$68.0012.7%4.0%15.0%25.5%15.1%5.9%-0.3%201.5K-1.2M-9.9K0.9481.58N/AN/A154145663469
2015-02-10$69.17$68.0011.1%3.5%15.3%18.9%15.1%5.2%-0.9%299.2K-1.7M-9.6K0.9082.27N/AN/A170153670477
2015-02-11$69.07$68.0011.9%3.4%15.2%22.6%15.3%5.4%-0.7%316.8K-1.9M-9.5K0.8485.47N/AN/A164138689488
2015-02-12$69.77$68.0010.9%3.1%15.4%18.0%12.6%4.7%0.1%436.9K-2.5M-8.7K0.8194.43N/AN/A171138691494
2015-02-13$69.99$68.0010.4%3.0%15.1%15.9%11.4%4.2%0.6%515.4K-2.6M-9.6K0.8099.02N/AN/A164131715491
2015-02-17$70.00$68.0010.9%3.1%14.8%17.9%13.0%5.3%0.1%519.6K-2.7M-9.0K0.84100.38N/AN/A153129712491
2015-02-18$70.00$68.0011.4%3.3%14.8%20.1%11.0%5.5%-1.1%548.6K-2.8M-7.8K0.85110.54N/AN/A156132705491
2015-02-19$69.86$68.0010.6%3.0%14.8%16.8%11.8%4.1%-0.0%508.2K-2.6M-8.0K1.10105.28N/AN/A1011698495
2015-02-20$70.17$68.009.8%2.8%14.2%13.2%9.8%4.1%0.9%685.8K-2.9M-8.4K0.00108.76N/AN/A10708501
2015-02-23$70.18$68.009.8%2.8%13.9%13.2%10.2%3.8%0.5%216.8K-2.2M-6.8K0.72118.08N/AN/A13698542362
2015-02-24$70.44$68.009.6%2.8%14.0%12.7%9.2%3.8%1.0%225.4K-2.3M-7.1K0.75118.08N/AN/A142106558390
2015-02-25$70.29$68.009.1%2.6%12.5%10.3%9.4%3.5%1.0%211.1K-2.1M-7.5K0.85120.97N/AN/A142121553390
2015-02-26$70.29$68.009.5%2.7%11.9%12.1%9.2%3.3%0.3%201.9K-2.0M-8.0K0.82127.60N/AN/A141116553382
2015-02-27$70.05$68.009.4%2.7%11.7%11.6%9.0%3.7%0.7%208.8K-2.1M-7.4K0.86112.20N/AN/A153132553382