VERS Options History — March 2023

In March 2023, VERS traded between $30.86 and $34.22. ATM implied volatility averaged 37.2%, placing in the 13.7% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 8.5% (HV 20d: 28.7%). Max pain ranged from $33.00 to $33.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-03-09: Highest Volume — 4 contracts
  • 2023-03-23: Largest IV spike — 80.0% change
  • 2023-03-14: Highest IV Rank — 56.5%
  • 2023-03-23: Largest Expected Move — 12.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.46$30.86$34.22$31.79$34.22
Max Pain$33.00$33.00$33.00$33.00$33.00
ATM IV37.2%22.1%74.6%35.7%30.6%
Expected Move9.1%6.3%12.7%10.2%8.8%
HV 20d28.7%26.0%34.4%34.4%27.6%
HV 60d32.6%30.9%33.8%33.8%31.3%
IV Rank13.7%0.0%56.5%7.5%9.8%
IV Percentile27.8%0.0%97.3%11.8%4.0%
Term Structure2.2%-8.4%20.8%-1.9%2.3%
Skew 25d2.3%-5.3%4.8%-0.1%-5.3%
Skew 10d5.5%2.9%10.2%2.9%3.5%
Call IV 25d32.0%27.3%39.3%39.3%30.9%
Put IV 25d34.3%25.6%42.6%39.2%25.6%
Bid-Ask Spread %116.87111.39125.19125.19117.35
Gamma HHI0.530.500.600.600.50
Net GEX8626671.1K7881.0K
Net DEX-20.6K-26.6K-16.4K-19.0K-26.6K
Net VEX-77-80-68-79-68
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.1740400
Total OI1111111111

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$31.79$0.0035.7%10.2%34.4%7.5%0.0%-0.1%-1.9%788-19.0K-790.00125.19N/AN/A00110
2023-03-02$32.06$0.0036.2%10.4%32.0%8.2%0.0%4.8%1.6%801-18.4K-790.00123.20N/AN/A00110
2023-03-03$32.78$0.0035.5%10.2%29.2%7.3%0.0%3.5%-6.8%831-20.9K-790.00124.11N/AN/A00110
2023-03-06$32.77$33.0038.4%7.1%28.7%10.9%0.0%2.5%6.0%863-22.3K-770.00114.93N/AN/A00110
2023-03-07$32.36$33.0040.5%9.3%28.8%13.5%0.0%3.1%-1.5%852-21.0K-770.00114.09N/AN/A00110
2023-03-08$32.55$33.0041.9%8.0%28.0%15.3%0.0%2.6%3.7%831-20.3K-780.00115.87N/AN/A00110
2023-03-09$31.63$33.0043.6%9.8%28.6%17.5%0.0%0.7%-5.7%777-19.8K-750.00114.98N/AN/A40110
2023-03-10$30.86$33.0048.3%10.7%28.9%23.4%0.0%0.8%-3.8%709-16.8K-790.00111.39N/AN/A00110
2023-03-13$31.21$33.0069.7%12.2%28.8%50.3%0.0%3.0%-3.0%667-16.4K-780.00114.21N/AN/A00110
2023-03-14$31.59$33.0074.6%9.5%28.7%56.5%0.0%4.5%-2.8%767-18.5K-800.00123.13N/AN/A00110
2023-03-15$31.57$33.0036.5%10.5%28.0%8.5%0.0%3.8%-4.5%768-17.1K-790.00113.89N/AN/A00110
2023-03-16$32.74$33.0022.9%6.6%30.2%0.0%0.0%4.7%20.8%879-20.0K-800.00114.57N/AN/A00110
2023-03-17$32.36$33.0035.9%10.3%29.8%15.1%0.0%2.2%0.1%853-20.4K-790.00113.43N/AN/A00110
2023-03-20$32.23$33.0037.0%10.6%29.0%16.3%0.0%3.8%-0.8%825-19.7K-780.00116.34N/AN/A00110
2023-03-21$33.10$33.0025.4%7.3%28.3%2.8%0.0%4.1%8.6%942-21.8K-780.00115.08N/AN/A00110
2023-03-22$32.63$33.0024.6%7.1%28.8%1.9%0.0%0.2%8.1%961-21.6K-760.00114.38N/AN/A00110
2023-03-23$32.88$33.0044.3%12.7%28.5%24.7%0.0%3.0%-8.4%754-22.2K-760.00115.20N/AN/A00110
2023-03-24$33.06$33.0023.7%6.8%26.0%0.9%0.0%4.1%13.0%907-22.4K-760.00117.58N/AN/A00110
2023-03-27$32.97$33.0024.9%7.1%26.1%2.3%0.0%2.6%10.5%986-22.3K-750.00114.78N/AN/A00110
2023-03-28$32.39$33.0032.9%9.4%26.9%11.5%0.0%2.7%2.6%1.0K-19.9K-750.00118.66N/AN/A00110
2023-03-29$33.22$33.0022.1%6.3%27.7%0.0%0.0%2.9%11.5%993-22.5K-750.00117.09N/AN/A00110
2023-03-30$33.55$33.0030.5%8.8%27.8%9.7%0.0%-2.4%0.2%1.1K-24.0K-730.00118.48N/AN/A00110
2023-03-31$34.22$33.0030.6%8.8%27.6%9.8%0.0%-5.3%2.3%1.0K-26.6K-680.00117.35N/AN/A00110