VYM Options History — February 2025

In February 2025, VYM traded between $131.99 and $134.97. ATM implied volatility averaged 12.6%, placing in the 34.7% IV rank vs the trailing year. The 30-day expected move averaged 3.7%. IV traded above realized volatility by 4.2% (HV 20d: 8.4%). Max pain ranged from $129.00 to $131.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.36.

Notable Days

  • 2025-02-21: Highest Volume — 19,119 contracts
  • 2025-02-12: Largest IV spike — 20.8% change
  • 2025-02-27: Highest IV Rank — 54.5%
  • 2025-02-27: Largest Expected Move — 4.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$133.29$131.99$134.97$131.99$133.45
Max Pain$130.16$129.00$131.00$129.00$131.00
ATM IV12.6%10.3%16.7%13.7%14.9%
Expected Move3.7%3.2%4.8%3.9%4.3%
HV 20d8.4%7.0%10.6%10.2%8.0%
HV 60d10.8%10.3%12.6%12.6%10.4%
IV Rank34.7%23.3%54.5%39.7%46.1%
IV Percentile60.1%25.4%92.5%78.6%86.5%
Term Structure-0.5%-2.7%3.1%0.1%3.1%
VWIV12.6%10.5%14.7%13.3%13.5%
Skew 25d2.6%-2.9%4.9%-2.2%4.9%
Skew 10d5.5%-1.1%12.0%9.0%9.8%
Call IV 25d10.9%8.7%13.7%12.3%12.1%
Put IV 25d13.6%7.7%17.0%10.2%17.0%
Bid-Ask Spread %79.9765.4390.3076.6290.05
Gamma HHI0.610.390.900.640.49
Net GEX28.4M8.2M98.5M22.2M9.9M
Net DEX-117.5M-191.6M-51.5M-100.7M-60.8M
Net VEX-355.5K-408.4K-277.9K-399.1K-386.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.001.530.051.53
Total Volume1,286.6845119,119601441
Total OI19,764.52618,13920,60019,71918,757

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$131.99$129.0013.7%3.9%10.2%39.7%13.3%-2.2%0.1%22.2M-100.7M-399.1K0.0576.62N/AN/A5752617,9331,786
2025-02-04$132.06$129.0012.6%3.6%10.1%34.3%12.6%2.7%0.2%23.7M-104.8M-408.4K0.6576.80N/AN/A312018,3831,802
2025-02-05$133.31$129.0011.4%3.3%10.3%28.6%12.6%3.1%1.7%26.4M-130.5M-404.6K0.6882.92N/AN/A473218,3881,808
2025-02-06$133.06$131.0010.8%3.5%10.2%25.7%12.2%3.7%-1.1%28.5M-123.6M-400.4K0.0967.89N/AN/A4093618,4071,813
2025-02-07$132.33$131.0011.8%3.7%10.6%30.7%13.1%3.8%-0.4%28.7M-107.5M-386.6K0.1880.87N/AN/A681218,2561,805
2025-02-10$133.01$131.0010.4%3.5%8.9%23.4%11.5%3.4%-0.3%34.2M-121.2M-375.4K0.1370.31N/AN/A1101418,2721,808
2025-02-11$133.72$131.0010.3%3.5%8.7%23.3%13.0%3.6%-0.4%33.2M-142.9M-361.9K0.0965.43N/AN/A92818,3231,817
2025-02-12$132.97$131.0012.5%3.6%9.0%33.9%14.5%-2.9%-0.1%36.7M-121.8M-364.0K0.2373.96N/AN/A2465718,3271,817
2025-02-13$133.94$130.0011.9%3.4%7.6%30.9%10.8%3.1%-0.8%35.7M-151.3M-353.1K0.2275.46N/AN/A761718,3921,860
2025-02-14$133.71$130.0011.3%3.2%7.5%28.0%10.5%2.9%-0.4%43.6M-150.8M-342.4K0.0477.01N/AN/A4641718,4501,886
2025-02-18$134.38$130.0012.1%3.5%7.3%32.0%12.0%4.7%-0.6%35.4M-164.6M-310.9K0.0482.25N/AN/A4571618,2371,898
2025-02-19$134.97$130.0012.0%3.4%7.0%31.4%11.2%2.8%-0.8%19.3M-191.6M-286.1K0.0580.59N/AN/A4792418,5801,898
2025-02-20$134.51$130.0011.2%3.2%7.0%27.4%11.0%3.5%0.2%27.8M-186.1M-288.9K0.0689.10N/AN/A5373218,6981,902
2025-02-21$133.40$130.0012.9%3.7%7.6%36.0%12.1%4.0%-1.3%98.5M-153.1M-277.9K0.0090.07N/AN/A19,1031618,6311,927
2025-02-24$133.24$130.0013.8%4.0%7.6%40.5%12.7%2.9%-1.1%9.6M-59.2M-366.5K0.6579.85N/AN/A17411316,8831,256
2025-02-25$133.03$130.0014.9%4.3%7.5%45.8%13.9%3.0%-2.2%9.2M-54.2M-345.8K1.1683.88N/AN/A11813716,9751,359
2025-02-26$133.04$130.0015.0%4.3%7.4%46.2%14.5%-0.3%-2.5%9.2M-56.9M-360.6K0.7190.30N/AN/A564017,0651,493
2025-02-27$132.38$130.0016.7%4.8%7.6%54.5%14.7%3.2%-2.7%8.2M-51.5M-335.6K0.3286.09N/AN/A2638417,1021,532
2025-02-28$133.45$131.0014.9%4.3%8.0%46.1%13.5%4.9%3.1%9.9M-60.8M-386.5K1.5390.05N/AN/A17426717,1371,620