VYMI Options History — November 2025

In November 2025, VYMI traded between $84.70 and $88.28. ATM implied volatility averaged 14.5%, placing in the 14.8% IV rank vs the trailing year. The 30-day expected move averaged 4.1%. IV traded above realized volatility by 4.9% (HV 20d: 9.6%). Max pain ranged from $78.00 to $86.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.27.

Notable Days

2025-11-28: Highest Volume — 51 contracts
2025-11-17: Largest IV spike — 85.1% change
2025-11-17: Highest IV Rank — 23.4%
2025-11-17: Largest Expected Move — 5.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$86.41	$84.70	$88.28	$85.34	$87.68
Max Pain	$84.74	$78.00	$86.00	$78.00	$86.00
ATM IV	14.5%	10.1%	18.6%	16.2%	10.6%
Expected Move	4.1%	2.9%	5.3%	4.6%	3.0%
HV 20d	9.6%	6.9%	12.1%	8.9%	12.1%
HV 60d	9.2%	8.8%	9.8%	8.8%	9.8%
IV Rank	14.8%	5.3%	23.4%	18.2%	6.4%
IV Percentile	41.8%	9.1%	77.8%	53.2%	10.7%
Term Structure	-1.7%	-8.0%	7.0%	-1.2%	7.0%
VWIV	14.5%	10.2%	21.6%	20.4%	13.1%
Skew 25d	3.6%	-0.4%	10.0%	1.4%	2.0%
Skew 10d	2.6%	-19.0%	15.9%	14.8%	-19.0%
Call IV 25d	13.3%	6.4%	17.4%	17.4%	10.1%
Put IV 25d	16.9%	12.0%	19.7%	18.8%	12.0%
Bid-Ask Spread %	139.93	129.93	156.94	132.17	151.47
Gamma HHI	0.21	0.12	0.37	0.13	0.26
Net GEX	43.3K	22.6K	68.2K	25.5K	68.2K
Net DEX	-829.1K	-1.2M	-337.4K	-743.9K	-712.9K
Net VEX	-1.8K	-2.7K	-1.2K	-1.4K	-2.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.27	0.00	2.00	0.07	0.00
Total Volume	15.579	2	51	15	51
Total OI	260.684	199	319	232	235

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-11-03	$85.34	$78.00	16.2%	4.6%	8.9%	18.2%	20.4%	1.4%	-1.2%	25.5K	-743.9K	-1.4K	0.07	132.17	N/A	N/A	14	1	144	88
2025-11-04	$84.81	$78.00	13.9%	4.0%	8.9%	13.4%	11.9%	0.8%	-1.4%	22.6K	-709.0K	-1.3K	0.00	129.93	N/A	N/A	0	3	145	89
2025-11-05	$85.59	$78.00	12.1%	3.5%	9.4%	9.7%	0.0%	5.2%	2.1%	23.6K	-738.3K	-1.5K	0.00	130.16	N/A	N/A	0	3	145	91
2025-11-06	$85.79	$86.00	16.5%	4.1%	9.0%	19.0%	0.0%	8.7%	-3.1%	27.3K	-787.3K	-1.3K	0.00	156.94	N/A	N/A	5	0	145	94
2025-11-07	$86.02	$86.00	16.2%	4.6%	6.9%	18.2%	0.0%	10.0%	-1.0%	26.6K	-826.2K	-1.3K	0.25	151.17	N/A	N/A	4	1	149	94
2025-11-10	$87.10	$86.00	13.8%	3.3%	7.6%	13.2%	12.2%	7.9%	-1.4%	36.0K	-983.1K	-1.2K	0.55	134.62	N/A	N/A	11	6	153	95
2025-11-11	$87.70	$86.00	13.7%	3.0%	7.8%	13.0%	13.9%	1.5%	-1.9%	42.5K	-1.1M	-1.3K	0.23	138.40	N/A	N/A	13	3	162	99
2025-11-12	$88.28	$86.00	10.4%	3.0%	7.9%	6.0%	12.5%	0.8%	-2.5%	60.2K	-1.2M	-1.2K	0.25	143.70	N/A	N/A	20	5	167	99
2025-11-13	$87.68	$86.00	10.6%	3.0%	8.5%	6.6%	16.8%	0.9%	1.4%	41.1K	-1.1M	-1.5K	2.00	144.00	N/A	N/A	2	4	178	100
2025-11-14	$87.55	$86.00	10.1%	2.9%	8.6%	5.3%	10.2%	2.8%	0.5%	35.1K	-1.1M	-1.6K	0.06	139.90	N/A	N/A	33	2	180	104
2025-11-17	$86.37	$86.00	18.6%	5.3%	9.9%	23.4%	0.0%	-0.4%	-7.7%	54.7K	-1.1M	-2.0K	0.20	134.25	N/A	N/A	10	2	209	104
2025-11-18	$85.94	$86.00	18.4%	5.3%	9.9%	23.0%	0.0%	2.8%	-8.0%	51.9K	-880.1K	-2.2K	0.18	137.11	N/A	N/A	11	2	205	106
2025-11-19	$85.56	$86.00	17.8%	5.1%	10.1%	21.6%	21.6%	3.0%	-6.7%	55.0K	-846.0K	-2.1K	0.00	134.86	N/A	N/A	0	2	206	104
2025-11-20	$84.70	$86.00	15.6%	4.5%	10.6%	17.1%	14.3%	1.7%	-4.7%	54.7K	-687.3K	-2.1K	0.00	135.39	N/A	N/A	0	6	211	106
2025-11-21	$85.69	$86.00	18.2%	5.2%	11.4%	22.5%	20.9%	3.0%	-2.8%	53.7K	-830.6K	-2.0K	0.12	144.29	N/A	N/A	34	4	211	108
2025-11-24	$85.75	$86.00	16.7%	4.8%	11.2%	19.4%	10.7%	3.1%	1.0%	36.5K	-337.4K	-2.2K	0.14	144.54	N/A	N/A	7	1	133	66
2025-11-25	$86.68	$86.00	16.7%	4.8%	11.8%	19.3%	13.0%	5.8%	-0.9%	46.1K	-491.6K	-2.3K	0.00	135.18	N/A	N/A	21	0	138	67
2025-11-26	$87.56	$86.00	10.3%	3.0%	12.1%	6.0%	11.4%	8.0%	-0.9%	61.0K	-625.3K	-2.5K	0.07	140.69	N/A	N/A	14	1	156	67
2025-11-28	$87.68	$86.00	10.6%	3.0%	12.1%	6.4%	13.1%	2.0%	7.0%	68.2K	-712.9K	-2.7K	0.00	151.47	N/A	N/A	51	0	168	67