VYM Options History — February 2019

In February 2019, VYM traded between $82.78 and $86.05. ATM implied volatility averaged 10.4%, placing in the 24.1% IV rank vs the trailing year. The 30-day expected move averaged 3.1%. IV traded above realized volatility by 1.1% (HV 20d: 9.3%). Max pain ranged from $80.00 to $84.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.70.

Notable Days

  • 2019-02-14: Highest Volume — 423 contracts
  • 2019-02-07: Largest IV spike — 35.5% change
  • 2019-02-07: Highest IV Rank — 35.2%
  • 2019-02-05: Largest Expected Move — 3.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$84.49$82.78$86.05$82.99$85.88
Max Pain$82.16$80.00$84.00$80.00$84.00
ATM IV10.4%8.0%12.8%9.5%8.0%
Expected Move3.1%2.3%3.7%3.6%2.3%
HV 20d9.3%7.4%12.3%12.3%7.4%
HV 60d17.5%17.0%17.9%17.9%17.0%
IV Rank24.1%12.1%35.2%17.3%14.4%
IV Percentile36.4%14.7%54.0%31.0%14.7%
Term Structure0.4%-0.9%1.5%-0.2%0.7%
VWIV11.8%8.2%15.0%15.0%10.2%
Skew 25d5.0%0.2%10.4%9.3%6.3%
Skew 10d6.7%-1.0%11.0%5.2%2.1%
Call IV 25d7.8%5.3%11.4%6.6%5.5%
Put IV 25d12.8%7.5%16.6%15.8%11.8%
Bid-Ask Spread %94.8480.01107.83101.1992.04
Gamma HHI0.190.140.290.140.22
Net GEX1.2M1.1M1.3M1.1M1.3M
Net DEX-9.9M-12.2M-7.0M-7.6M-12.1M
Net VEX-38.2K-41.7K-34.7K-36.7K-41.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.032.130.680.70
Total Volume179.21129423168231
Total OI3,255.9473,0333,5143,0333,434

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-02-01$82.99$80.009.5%3.6%12.3%17.3%15.0%9.3%-0.2%1.1M-7.6M-36.7K0.68101.19N/AN/A100682,511522
2019-02-04$83.06$80.0011.6%3.2%9.7%25.0%14.0%10.4%0.9%1.1M-7.3M-35.1K1.9194.35N/AN/A32612,519531
2019-02-05$83.49$80.008.0%3.7%9.5%12.1%14.5%4.9%-0.4%1.2M-8.5M-35.9K1.2199.65N/AN/A52632,540575
2019-02-06$83.49$80.009.5%2.7%9.5%20.6%9.6%0.7%0.9%1.2M-8.5M-36.5K0.03107.83N/AN/A7522,568576
2019-02-07$82.83$80.0012.8%3.7%10.1%35.2%13.1%5.2%0.7%1.2M-7.3M-34.7K0.6592.53N/AN/A69452,612578
2019-02-08$82.78$82.0011.2%3.2%10.0%28.1%12.2%3.6%1.1%1.1M-7.0M-35.8K0.5699.47N/AN/A81452,622602
2019-02-11$83.05$82.0012.3%3.5%10.0%33.0%12.3%5.8%0.2%1.2M-8.0M-35.3K0.3092.30N/AN/A69212,632601
2019-02-12$83.97$82.0011.1%3.2%10.2%27.7%12.3%7.1%1.5%1.2M-9.4M-36.4K0.3297.63N/AN/A114372,652607
2019-02-13$84.40$82.0010.9%3.1%10.2%26.7%11.2%0.2%1.5%1.2M-10.7M-37.6K0.30102.11N/AN/A226672,684615
2019-02-14$84.23$82.0011.8%3.4%10.3%30.8%12.1%4.4%-0.9%1.2M-10.4M-37.9K0.6988.96N/AN/A2511722,748630
2019-02-15$85.08$83.0011.1%3.2%10.6%27.7%12.0%5.3%0.5%1.3M-12.0M-39.6K0.41101.21N/AN/A2681102,829685
2019-02-19$85.42$83.0010.6%3.0%9.9%25.5%11.3%6.5%-0.2%1.2M-10.6M-39.9K2.1389.44N/AN/A32682,551585
2019-02-20$85.60$83.009.0%2.6%7.9%18.4%8.8%2.2%0.7%1.2M-11.3M-40.2K0.7594.89N/AN/A97732,573634
2019-02-21$85.26$83.0010.7%3.1%8.1%25.9%11.2%4.3%0.1%1.1M-10.5M-41.2K0.8180.01N/AN/A1261022,597647
2019-02-22$85.76$83.009.1%2.6%8.0%19.0%9.5%5.8%1.4%1.2M-11.3M-40.7K0.4793.03N/AN/A170802,627664
2019-02-25$86.05$84.0010.7%3.1%8.0%26.1%8.2%4.9%-0.6%1.2M-12.2M-40.4K0.2697.50N/AN/A2362,670665
2019-02-26$85.99$84.009.1%2.6%7.4%18.9%11.9%2.0%0.1%1.2M-12.1M-40.0K0.5991.69N/AN/A111652,684664
2019-02-27$85.91$84.0010.4%3.0%7.5%24.7%14.7%5.5%-0.9%1.2M-11.9M-41.7K0.5986.11N/AN/A121722,705724
2019-02-28$85.88$84.008.0%2.3%7.4%14.4%10.2%6.3%0.7%1.3M-12.1M-41.1K0.7092.04N/AN/A136952,709725