VERS Options History — February 2023

In February 2023, VERS traded between $32.01 and $36.23. ATM implied volatility averaged 36.2%, placing in the 8.1% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 0.7% (HV 20d: 35.4%). Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days.

Notable Days

  • 2023-02-08: Largest IV drop — 18.2% change
  • 2023-02-07: Highest IV Rank — 16.6%
  • 2023-02-23: Largest Expected Move — 11.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.04$32.01$36.23$34.80$32.23
ATM IV36.2%31.3%42.9%31.3%36.1%
Expected Move10.1%9.0%11.0%9.0%10.4%
HV 20d35.4%30.6%37.9%30.6%35.0%
HV 60d37.3%34.0%43.5%42.4%34.0%
IV Rank8.1%1.9%16.6%1.9%8.0%
IV Percentile16.1%1.3%53.4%1.3%15.8%
Term Structure-1.4%-8.8%9.0%4.8%-2.1%
Skew 25d2.3%1.1%4.3%4.3%2.0%
Skew 10d3.6%1.6%4.8%2.8%3.8%
Call IV 25d32.5%26.4%38.4%35.7%38.0%
Put IV 25d34.8%28.5%40.2%40.0%40.0%
Bid-Ask Spread %120.00115.50125.69121.80125.69
Gamma HHI0.610.580.640.600.59
Net GEX682601773697773
Net DEX-25.1K-31.4K-19.5K-26.1K-20.0K
Net VEX-81-87-76-87-80
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1111111111

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$34.80$0.0031.3%9.0%30.6%1.9%0.0%4.3%4.8%697-26.1K-870.00121.80N/AN/A00110
2023-02-02$36.23$0.0034.8%9.5%32.3%6.4%0.0%2.2%-1.0%601-31.4K-760.00115.74N/AN/A00110
2023-02-03$35.52$0.0035.7%9.8%32.8%7.6%0.0%3.1%0.2%613-29.4K-800.00115.75N/AN/A00110
2023-02-06$35.13$0.0040.6%10.4%33.3%13.7%0.0%2.1%-2.8%647-28.5K-790.00119.19N/AN/A00110
2023-02-07$35.73$0.0042.9%9.9%32.9%16.6%0.0%2.5%-0.6%630-28.5K-820.00115.50N/AN/A00110
2023-02-08$34.95$0.0035.1%10.1%34.7%6.8%0.0%1.8%-1.5%643-28.5K-770.00117.64N/AN/A00110
2023-02-09$34.23$0.0031.6%9.1%35.7%2.3%0.0%1.2%9.0%656-26.8K-790.00118.52N/AN/A00110
2023-02-10$33.52$0.0036.6%10.5%36.8%8.6%0.0%2.4%-0.9%668-23.8K-840.00119.96N/AN/A00110
2023-02-13$33.98$0.0037.2%10.7%36.8%9.4%0.0%2.9%-2.3%684-24.8K-830.00119.25N/AN/A00110
2023-02-14$34.45$0.0035.9%10.3%36.8%7.8%0.0%2.3%-1.1%686-25.3K-820.00116.55N/AN/A00110
2023-02-15$35.22$0.0032.5%9.3%37.0%3.5%0.0%1.2%1.1%652-27.4K-790.00119.52N/AN/A00110
2023-02-16$34.55$0.0034.2%9.8%36.9%5.7%0.0%3.1%0.3%666-26.9K-790.00119.56N/AN/A00110
2023-02-17$33.80$0.0035.9%10.3%37.0%7.8%0.0%2.5%-0.8%686-24.6K-820.00120.77N/AN/A00110
2023-02-21$32.70$0.0038.1%10.9%36.8%10.5%0.0%1.1%-8.8%720-22.1K-810.00118.81N/AN/A00110
2023-02-22$32.63$0.0035.8%10.3%36.5%7.6%0.0%2.1%-8.4%736-21.4K-820.00125.01N/AN/A00110
2023-02-23$33.05$0.0038.3%11.0%36.8%10.7%0.0%2.1%-7.1%714-21.7K-820.00120.11N/AN/A00110
2023-02-24$32.01$0.0037.7%10.8%37.9%10.1%0.0%3.0%-1.0%742-19.5K-810.00125.42N/AN/A00110
2023-02-27$32.09$0.0036.6%10.5%36.6%8.7%0.0%1.9%-4.3%752-20.0K-800.00125.20N/AN/A00110
2023-02-28$32.23$0.0036.1%10.4%35.0%8.0%0.0%2.0%-2.1%773-20.0K-800.00125.69N/AN/A00110