VYM Options History — December 2021

In December 2021, VYM traded between $106.22 and $112.43. ATM implied volatility averaged 15.1%, placing in the 42.0% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded below realized volatility by 0.1% (HV 20d: 15.2%). Max pain ranged from $104.00 to $108.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 0.93.

Notable Days

  • 2021-12-23: Highest Volume — 7,666 contracts
  • 2021-12-15: Largest IV drop — 33.9% change
  • 2021-12-03: Highest IV Rank — 94.0%
  • 2021-12-03: Largest Expected Move — 6.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$109.90$106.22$112.43$106.22$112.43
Max Pain$106.27$104.00$108.00$108.00$107.00
ATM IV15.1%10.8%23.8%22.4%10.9%
Expected Move4.2%3.1%6.8%6.4%3.1%
HV 20d15.2%12.6%17.9%12.6%13.9%
HV 60d12.8%11.8%13.5%12.8%12.7%
IV Rank42.0%15.9%94.0%85.4%17.0%
IV Percentile63.3%18.3%99.2%99.2%20.6%
Term Structure1.0%-3.3%2.8%-2.3%1.8%
VWIV17.1%13.3%21.9%20.3%13.3%
Skew 25d6.2%3.5%15.2%9.8%4.1%
Skew 10d11.9%7.2%22.9%20.2%7.3%
Call IV 25d12.7%9.3%18.4%18.0%9.3%
Put IV 25d18.9%13.2%33.6%27.8%13.4%
Bid-Ask Spread %38.7515.6761.5461.5458.44
Gamma HHI0.200.160.270.180.27
Net GEX6.8M2.5M12.5M2.9M12.5M
Net DEX-38.6M-63.4M-15.0M-16.7M-62.3M
Net VEX-190.3K-242.9K-154.6K-165.9K-232.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.930.242.120.640.78
Total Volume3,435.7271,8597,6661,9323,392
Total OI21,805.27316,91623,77320,41723,773

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$106.22$108.0022.4%6.4%12.6%85.4%20.3%9.8%-2.3%2.9M-16.7M-165.9K0.6461.54N/AN/A1,17975314,1106,307
2021-12-02$107.51$108.0019.5%5.6%13.3%68.4%19.9%9.2%-2.5%3.8M-22.8M-182.8K0.6955.11N/AN/A1,09976014,4076,495
2021-12-03$106.90$108.0023.8%6.8%13.3%94.0%21.9%15.2%-3.3%3.2M-19.5M-185.0K0.6950.26N/AN/A1,16580214,4316,520
2021-12-06$108.70$104.0018.0%5.2%14.4%59.2%20.1%8.4%-0.3%4.7M-28.7M-189.3K0.6537.13N/AN/A1,19877514,5146,627
2021-12-07$109.56$104.0015.5%4.3%14.7%44.3%17.9%6.8%2.5%5.6M-34.5M-178.5K0.6930.92N/AN/A1,11576414,6676,685
2021-12-08$109.57$104.0013.7%3.9%14.7%33.4%15.3%5.7%2.6%5.6M-33.9M-168.1K1.4525.66N/AN/A1,0271,48614,7106,710
2021-12-09$109.41$105.0016.2%4.3%14.7%48.7%17.6%6.2%1.9%5.4M-32.6M-169.8K1.4520.24N/AN/A1,1111,61614,7637,485
2021-12-10$109.98$105.0012.7%3.7%14.8%27.5%16.1%5.5%2.8%5.7M-35.3M-161.7K2.1244.54N/AN/A7861,66614,8107,642
2021-12-13$109.92$105.0016.0%3.9%14.8%47.3%17.1%5.6%2.4%5.7M-35.0M-154.6K1.7343.66N/AN/A1,1421,98114,8217,759
2021-12-14$109.73$105.0019.3%4.3%14.8%67.0%18.0%5.3%1.6%5.4M-34.0M-160.9K1.3022.08N/AN/A1,3111,70714,8228,026
2021-12-15$110.71$106.0012.7%3.7%15.1%27.8%14.4%5.2%2.7%7.0M-42.2M-158.8K1.2255.06N/AN/A1,2101,47814,9288,034
2021-12-16$111.78$106.0014.1%4.0%15.4%35.9%15.1%4.8%1.2%7.8M-53.3M-166.5K0.7238.96N/AN/A2,1761,56315,0118,066
2021-12-17$110.29$106.0014.9%4.3%16.1%40.7%14.8%5.0%0.9%5.9M-41.3M-161.3K0.9252.46N/AN/A1,9411,77915,2658,130
2021-12-20$107.88$108.0017.7%5.1%17.7%57.6%21.5%7.0%0.0%2.5M-15.0M-169.8K0.8031.16N/AN/A2,0011,6099,7267,190
2021-12-21$108.95$107.0015.6%4.5%17.5%44.6%21.1%5.6%0.9%3.6M-22.7M-172.6K0.2725.05N/AN/A5,4731,49410,2157,292
2021-12-22$109.71$107.0013.0%3.7%17.6%29.2%18.2%5.9%1.6%7.0M-36.3M-220.4K0.2415.67N/AN/A5,8841,40414,1977,383
2021-12-23$110.71$107.0011.8%3.4%17.9%22.0%14.8%5.2%1.7%8.8M-45.0M-230.8K0.3540.78N/AN/A5,6592,00714,5847,450
2021-12-27$111.49$107.0011.8%3.4%16.5%22.1%15.6%4.3%1.8%10.3M-52.8M-236.6K0.8534.13N/AN/A1,8271,55214,7218,011
2021-12-28$112.01$107.0011.2%3.2%16.5%18.7%15.4%4.1%1.8%11.2M-58.7M-241.3K1.0427.10N/AN/A1,6691,73014,7937,964
2021-12-29$112.30$107.0011.1%3.2%14.4%17.6%13.9%3.9%1.4%12.2M-63.4M-242.9K0.9128.79N/AN/A1,6591,51714,8948,120
2021-12-30$112.12$107.0010.8%3.1%14.4%15.9%13.9%3.5%1.7%12.1M-62.0M-236.2K0.8853.76N/AN/A1,6561,46314,9418,717
2021-12-31$112.43$107.0010.9%3.1%13.9%17.0%13.3%4.1%1.8%12.5M-62.3M-232.2K0.7858.44N/AN/A1,9011,49114,8898,884