VERS Options History — January 2023

In January 2023, VERS traded between $28.07 and $34.13. ATM implied volatility averaged 36.9%, placing in the 6.3% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 4.7% (HV 20d: 32.2%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-01-04: Highest Volume — 9 contracts
  • 2023-01-11: Largest IV drop — 27.5% change
  • 2023-01-10: Highest IV Rank — 17.2%
  • 2023-01-03: Largest Expected Move — 12.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.25$28.07$34.13$28.07$33.66
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV36.9%29.7%47.3%43.8%36.7%
Expected Move10.1%8.5%12.6%12.6%10.5%
HV 20d32.2%27.4%35.9%33.7%29.5%
HV 60d42.0%41.0%43.5%42.8%43.5%
IV Rank6.3%0.0%17.2%12.5%8.8%
IV Percentile18.7%0.0%75.7%54.0%12.7%
Term Structure-1.4%-8.7%3.8%-8.7%0.9%
Skew 25d2.1%-0.5%4.5%0.0%3.7%
Skew 10d2.3%-10.8%4.9%3.7%4.9%
Call IV 25d36.1%30.9%49.8%49.8%36.6%
Put IV 25d38.2%33.0%50.9%49.8%40.4%
Bid-Ask Spread %126.62120.51134.29125.10123.80
Gamma HHI0.670.600.990.990.62
Net GEX5778672086675
Net DEX-16.9K-25.2K-1.5K-1.5K-23.8K
Net VEX-81-93-10-10-87
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.50900
Total OI11.25413411

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$28.07$40.0043.8%12.6%33.7%12.5%0.0%0.0%-8.7%86-1.5K-100.00125.10N/AN/A0040
2023-01-04$28.51$40.0043.1%12.4%33.6%11.5%0.0%1.7%-6.5%98-1.6K-100.00128.56N/AN/A9040
2023-01-05$28.08$0.0041.9%10.8%32.9%9.9%0.0%2.0%-0.3%478-11.3K-800.00125.73N/AN/A00130
2023-01-06$28.84$0.0041.9%10.3%34.5%9.8%0.0%0.6%0.8%482-11.4K-830.00120.51N/AN/A00130
2023-01-09$29.59$0.0045.9%10.0%35.0%15.2%0.0%2.1%0.3%536-14.8K-880.00128.73N/AN/A00130
2023-01-10$30.00$0.0047.3%10.2%35.3%17.2%0.0%3.2%-0.8%555-14.8K-890.00129.45N/AN/A00130
2023-01-11$30.62$0.0034.3%9.8%35.9%0.0%0.0%2.3%0.4%589-15.9K-910.00123.31N/AN/A00130
2023-01-12$31.05$0.0033.9%9.7%35.8%0.0%0.0%1.1%-0.7%595-16.7K-920.00127.93N/AN/A00130
2023-01-13$31.46$0.0031.1%8.9%35.9%0.0%0.0%2.1%3.8%642-17.9K-930.00123.34N/AN/A00130
2023-01-17$31.87$0.0033.4%9.6%31.6%2.9%0.0%3.5%-2.5%661-19.1K-930.00132.25N/AN/A10130
2023-01-18$31.59$0.0034.7%9.9%31.9%4.7%0.0%2.0%-4.6%660-19.0K-920.00134.29N/AN/A00120
2023-01-19$30.93$0.0035.9%10.3%29.4%6.2%0.0%2.3%-2.1%638-17.2K-910.00131.78N/AN/A00120
2023-01-20$31.84$0.0034.8%10.0%30.6%4.8%0.0%3.5%0.6%663-18.4K-920.00127.48N/AN/A00120
2023-01-23$33.05$0.0034.5%9.9%32.5%4.4%0.0%3.7%1.0%687-21.7K-910.00127.16N/AN/A00110
2023-01-24$32.63$0.0032.4%9.3%30.4%1.6%0.0%0.9%-2.8%691-21.8K-910.00128.77N/AN/A00110
2023-01-25$32.69$0.0029.7%8.5%30.4%0.0%0.0%-0.5%0.8%699-20.7K-910.00124.67N/AN/A00110
2023-01-26$33.26$0.0033.5%9.6%28.2%4.7%0.0%2.7%-1.9%720-23.0K-900.00122.48N/AN/A00110
2023-01-27$34.13$0.0032.5%9.3%27.4%3.5%0.0%4.5%2.8%694-25.2K-860.00123.77N/AN/A00110
2023-01-30$33.05$0.0037.0%10.6%29.7%9.2%0.0%-0.2%-7.9%699-23.0K-880.00123.37N/AN/A00110
2023-01-31$33.66$0.0036.7%10.5%29.5%8.8%0.0%3.7%0.9%675-23.8K-870.00123.80N/AN/A00110