VYM Options History — August 2025

In August 2025, VYM traded between $132.93 and $139.25. ATM implied volatility averaged 12.0%, placing in the 8.5% IV rank vs the trailing year. The 30-day expected move averaged 3.5%. IV traded above realized volatility by 2.7% (HV 20d: 9.3%). Max pain ranged from $133.00 to $135.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.51.

Notable Days

  • 2025-08-18: Highest Volume — 9,779 contracts
  • 2025-08-13: Largest IV drop — 20.5% change
  • 2025-08-01: Highest IV Rank — 11.9%
  • 2025-08-01: Largest Expected Move — 3.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$136.77$132.93$139.25$132.93$139.00
Max Pain$134.43$133.00$135.00$134.00$135.00
ATM IV12.0%10.3%13.4%13.4%11.8%
Expected Move3.5%3.0%3.9%3.9%3.4%
HV 20d9.3%8.7%10.4%9.1%8.7%
HV 60d9.8%9.0%11.0%10.8%9.4%
IV Rank8.5%4.5%11.9%11.9%7.9%
IV Percentile35.6%6.7%55.6%54.8%31.7%
Term Structure-0.5%-1.2%0.4%-1.0%0.3%
VWIV12.1%10.6%13.2%12.1%12.7%
Skew 25d3.0%-1.4%4.8%-1.4%3.7%
Skew 10d4.6%0.7%10.6%3.1%3.4%
Call IV 25d10.4%8.9%12.0%12.0%10.1%
Put IV 25d13.4%9.4%15.3%10.6%13.7%
Bid-Ask Spread %91.8175.42104.77104.2581.22
Gamma HHI0.440.170.800.450.29
Net GEX26.4M8.0M76.6M16.6M18.0M
Net DEX-101.4M-170.5M-67.1M-67.1M-121.0M
Net VEX-380.5K-480.7K-297.8K-345.5K-479.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.012.482.480.11
Total Volume1,368.714609,779355202
Total OI22,611.95213,62424,88723,30524,887

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$132.93$134.0013.4%3.9%9.1%11.9%12.1%-1.4%-1.0%16.6M-67.1M-345.5K2.48104.25N/AN/A10225320,7552,550
2025-08-04$134.39$133.0012.5%3.8%9.4%9.7%12.1%-1.2%-0.8%23.1M-77.8M-349.6K0.0398.07N/AN/A3471120,7212,699
2025-08-05$134.28$133.0010.3%3.7%9.3%4.5%12.1%-0.9%-0.3%22.9M-77.9M-343.9K0.07104.77N/AN/A113820,9552,703
2025-08-06$134.66$133.0011.6%3.6%9.4%7.4%10.9%3.2%0.1%26.9M-84.8M-350.0K0.1899.35N/AN/A741321,0252,706
2025-08-07$134.60$133.0011.1%3.4%9.0%6.3%11.5%4.3%-0.3%24.9M-78.4M-335.2K0.67101.54N/AN/A362421,0232,707
2025-08-08$135.23$133.0010.7%3.5%9.0%5.5%13.1%2.5%-0.6%35.3M-90.9M-344.8K2.4194.12N/AN/A5914221,0502,708
2025-08-11$135.11$134.0012.9%3.4%9.0%10.5%10.6%4.0%-0.5%32.4M-84.1M-320.2K0.6894.88N/AN/A664521,0472,749
2025-08-12$136.49$135.0013.0%3.4%9.0%10.9%11.7%3.8%-1.0%55.1M-124.5M-341.1K0.5196.03N/AN/A1005121,0732,765
2025-08-13$137.51$135.0010.3%3.0%9.2%4.6%11.7%4.6%-0.3%76.6M-170.5M-330.9K0.0194.65N/AN/A9,60010121,0982,786
2025-08-14$137.38$135.0012.2%3.5%9.1%8.8%10.9%4.0%-1.2%17.8M-95.6M-299.9K0.3689.16N/AN/A39414013,0112,855
2025-08-15$137.08$135.0011.8%3.4%9.1%8.1%11.9%4.8%-0.6%66.1M-96.9M-297.8K0.0896.05N/AN/A7055913,0122,966
2025-08-18$137.00$135.0011.5%3.3%9.1%7.3%12.3%4.2%0.4%8.0M-76.6M-305.8K0.0176.30N/AN/A9,6899011,0762,548
2025-08-19$137.16$135.0012.7%3.6%8.8%10.0%12.2%0.5%-0.2%14.5M-94.2M-421.2K0.3392.49N/AN/A692320,7192,580
2025-08-20$137.81$135.0012.9%3.7%8.7%10.5%12.6%4.4%-1.0%15.1M-101.6M-433.5K0.4392.93N/AN/A562420,7652,595
2025-08-21$137.07$135.0013.1%3.8%8.9%11.1%12.5%3.8%-0.1%14.0M-97.7M-412.1K0.4592.51N/AN/A512320,7992,610
2025-08-22$139.20$135.0011.2%3.2%10.3%6.5%12.4%4.5%-0.2%17.7M-124.9M-448.5K0.9093.02N/AN/A22219920,8402,633
2025-08-25$138.38$135.0012.3%3.5%10.4%9.1%13.2%3.0%-0.4%17.2M-109.7M-409.3K0.0192.62N/AN/A4,3893920,9132,752
2025-08-26$138.50$135.0012.3%3.5%10.4%9.1%13.2%4.0%-0.9%17.0M-112.7M-464.9K0.0275.42N/AN/A9642321,7182,763
2025-08-27$139.22$135.0012.5%3.6%10.2%9.6%12.6%3.4%-1.0%18.0M-121.9M-480.7K0.7377.82N/AN/A896522,0362,777
2025-08-28$139.25$135.0012.0%3.4%9.8%8.5%12.2%3.5%-0.7%18.2M-121.6M-476.2K0.3280.74N/AN/A632022,0692,807
2025-08-29$139.00$135.0011.8%3.4%8.7%7.9%12.7%3.7%0.3%18.0M-121.0M-479.0K0.1181.22N/AN/A1822022,0802,807