VYM Options History — February 2026

In February 2026, VYM traded between $151.00 and $156.47. ATM implied volatility averaged 13.4%, placing in the 15.6% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded above realized volatility by 1.6% (HV 20d: 11.8%). Max pain ranged from $146.00 to $153.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.28.

Notable Days

  • 2026-02-04: Highest Volume — 19,219 contracts
  • 2026-02-12: Largest IV spike — 32.7% change
  • 2026-02-23: Highest IV Rank — 22.1%
  • 2026-02-23: Largest Expected Move — 4.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$154.54$151.00$156.47$151.00$154.97
Max Pain$150.37$146.00$153.00$146.00$153.00
ATM IV13.4%10.6%16.3%12.1%14.3%
Expected Move4.0%3.1%4.7%3.5%4.1%
HV 20d11.8%10.3%13.3%11.2%11.2%
HV 60d11.3%10.7%12.0%11.0%10.7%
IV Rank15.6%9.2%22.1%12.8%17.6%
IV Percentile57.1%12.3%84.1%44.0%70.2%
Term Structure-0.1%-2.1%2.0%1.3%-1.9%
VWIV13.6%11.9%16.1%13.6%14.5%
Skew 25d4.4%2.1%6.1%4.7%5.1%
Skew 10d6.6%-0.6%14.0%2.9%8.6%
Call IV 25d12.1%9.3%14.5%9.3%12.6%
Put IV 25d16.5%14.0%18.5%14.0%17.7%
Bid-Ask Spread %77.5463.5494.6275.5463.59
Gamma HHI0.470.300.680.680.38
Net GEX15.9M12.1M25.2M25.2M12.1M
Net DEX-150.9M-199.7M-118.0M-168.4M-133.9M
Net VEX-336.0K-387.3K-267.4K-381.0K-347.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.280.001.110.551.11
Total Volume1,695.68412719,219244158
Total OI20,697.42119,67122,02519,67122,025

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$151.00$146.0012.1%3.5%11.2%12.8%13.6%4.7%1.3%25.2M-168.4M-381.0K0.5575.54N/AN/A1578718,689982
2026-02-03$151.77$147.0014.0%4.0%11.0%16.9%13.0%3.1%0.6%21.6M-178.8M-373.3K0.1894.41N/AN/A2163818,7461,047
2026-02-04$153.05$147.0013.7%3.9%11.0%16.3%14.2%5.2%1.8%19.7M-199.7M-352.2K0.0094.62N/AN/A19,1962318,8621,077
2026-02-05$151.85$150.0014.4%4.4%10.3%18.0%15.0%5.0%0.1%12.8M-136.5M-387.3K0.0786.27N/AN/A5123519,7531,096
2026-02-06$155.47$150.0012.6%4.4%12.6%13.8%15.0%2.4%-1.1%14.9M-154.0M-367.4K0.0284.37N/AN/A4031019,6261,101
2026-02-09$155.87$150.0012.5%4.0%12.5%13.6%13.3%3.6%-1.1%16.1M-159.3M-356.8K0.2577.45N/AN/A1243119,6651,098
2026-02-10$155.81$150.0010.6%3.7%12.6%9.2%12.2%5.5%0.2%16.9M-161.7M-361.9K0.1170.74N/AN/A1671919,7161,119
2026-02-11$156.47$151.0010.8%3.1%12.5%9.8%12.3%4.0%0.2%17.4M-169.3M-351.9K0.0275.23N/AN/A354619,7591,130
2026-02-12$154.93$151.0014.3%4.1%13.3%17.8%11.9%4.6%-0.0%17.4M-156.7M-346.8K0.2979.73N/AN/A3109019,8041,132
2026-02-13$155.12$151.0013.7%3.9%13.2%16.4%12.6%2.1%-0.3%15.1M-160.2M-355.5K0.4985.69N/AN/A1467119,9671,192
2026-02-17$155.28$151.0014.4%4.1%13.2%17.8%14.1%3.9%1.0%16.0M-149.2M-330.5K0.0775.35N/AN/A3112120,0121,251
2026-02-18$155.45$151.0014.7%4.2%11.5%18.5%15.0%4.1%-0.7%16.0M-152.9M-331.9K1.0869.69N/AN/A616620,0701,269
2026-02-19$155.01$151.0015.0%4.3%11.1%19.3%15.0%4.8%-2.1%15.5M-151.8M-314.1K0.1369.34N/AN/A1481920,0751,320
2026-02-20$155.47$151.0013.5%3.9%11.1%15.8%13.6%4.0%-0.1%15.8M-154.5M-313.3K0.2178.49N/AN/A2645520,1011,338
2026-02-23$154.25$151.0016.3%4.7%11.3%22.1%16.1%5.4%-0.4%12.1M-120.2M-278.9K0.3581.25N/AN/A2609218,7291,003
2026-02-24$154.59$152.0014.2%4.1%11.2%17.5%12.8%5.2%-0.1%12.2M-118.0M-292.0K0.0663.54N/AN/A3742318,7811,096
2026-02-25$155.02$152.0011.6%3.3%11.2%11.7%12.2%3.9%2.0%13.1M-121.8M-274.4K0.2370.11N/AN/A56613019,0311,112
2026-02-26$154.97$152.0011.5%3.3%11.2%11.4%12.7%6.1%-0.5%12.1M-120.7M-267.4K0.0177.77N/AN/A7,6066919,3241,153
2026-02-27$154.97$153.0014.3%4.1%11.2%17.6%14.5%5.1%-1.9%12.1M-133.9M-347.2K1.1163.59N/AN/A758320,8101,215