VERS Options History — November 2023

In November 2023, VERS traded between $33.97 and $38.42. ATM implied volatility averaged 25.7%, placing in the 13.3% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded below realized volatility by 2.7% (HV 20d: 28.4%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-11-16: Highest Volume — 3 contracts
  • 2023-11-08: Largest IV drop — 26.8% change
  • 2023-11-07: Highest IV Rank — 22.3%
  • 2023-11-01: Largest Expected Move — 8.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.05$33.97$38.42$33.97$38.22
ATM IV25.7%21.2%32.0%29.9%27.1%
Expected Move7.0%6.1%8.6%8.6%7.8%
HV 20d28.4%24.8%31.9%24.8%26.1%
HV 60d23.8%22.4%24.9%22.4%23.6%
IV Rank13.3%7.0%22.3%19.2%15.2%
IV Percentile31.0%5.2%57.9%48.4%45.2%
Term Structure-3.4%-6.1%4.1%-2.9%-4.0%
Skew 25d1.1%-1.0%3.1%2.8%-1.0%
Skew 10d1.8%0.6%3.3%2.2%0.9%
Call IV 25d26.2%22.7%33.2%33.2%31.3%
Put IV 25d27.3%24.3%36.0%36.0%30.4%
Bid-Ask Spread %131.47127.90135.33132.29131.01
Gamma HHI0.360.330.380.370.33
Net GEX1.6K1.2K1.9K1.2K1.8K
Net DEX-34.5K-45.5K-16.9K-16.9K-45.0K
Net VEX-118-131-104-104-120
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.1430300
Total OI15.28614171417

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$33.97$0.0029.9%8.6%24.8%19.2%0.0%2.8%-2.9%1.2K-16.9K-1040.00132.29N/AN/A00140
2023-11-02$35.22$0.0028.5%6.5%28.1%17.2%0.0%1.4%-2.9%1.5K-22.0K-1130.00131.31N/AN/A00140
2023-11-03$36.28$0.0027.7%6.4%29.4%16.1%0.0%1.7%-3.2%1.5K-27.1K-1170.00127.90N/AN/A00140
2023-11-06$35.92$0.0030.6%6.6%29.6%20.2%0.0%1.2%-1.6%1.5K-26.2K-1160.00128.30N/AN/A00140
2023-11-07$36.48$0.0032.0%6.5%29.4%22.3%0.0%3.1%-1.9%1.5K-27.4K-1160.00128.96N/AN/A00140
2023-11-08$36.45$0.0023.5%6.7%29.4%10.1%0.0%0.9%1.0%1.5K-27.7K-1160.00131.55N/AN/A00140
2023-11-09$35.71$0.0024.1%6.9%30.1%11.1%0.0%-0.5%-3.5%1.5K-25.2K-1130.00129.05N/AN/A00140
2023-11-10$36.25$0.0023.1%6.6%29.1%9.7%0.0%1.6%-2.9%1.5K-26.5K-1140.00133.12N/AN/A00140
2023-11-13$35.87$0.0024.4%7.0%28.5%11.5%0.0%0.9%-4.7%1.5K-25.1K-1120.00134.05N/AN/A00140
2023-11-14$37.38$0.0021.2%6.1%31.9%7.0%0.0%2.5%4.1%1.6K-31.7K-1110.00131.63N/AN/A00140
2023-11-15$37.80$0.0021.9%6.3%30.1%8.0%0.0%0.4%-4.7%1.5K-35.2K-1060.00129.20N/AN/A00140
2023-11-16$37.56$0.0023.5%6.7%30.1%10.2%0.0%0.8%-3.2%1.5K-33.3K-1090.00132.55N/AN/A30140
2023-11-17$37.92$0.0022.9%6.6%29.4%9.4%0.0%1.0%-3.9%1.8K-43.0K-1310.00132.34N/AN/A00170
2023-11-20$38.42$0.0023.6%6.8%29.3%10.4%0.0%1.4%-3.5%1.8K-45.5K-1270.00131.42N/AN/A00170
2023-11-21$37.77$0.0023.2%6.6%30.2%9.7%0.0%0.7%-4.2%1.9K-43.0K-1270.00130.90N/AN/A00170
2023-11-22$38.02$0.0024.6%7.1%26.9%11.8%0.0%0.6%-5.9%1.8K-44.2K-1270.00133.27N/AN/A00170
2023-11-24$38.03$0.0026.0%7.5%25.9%13.8%0.0%1.3%-5.8%1.9K-44.0K-1270.00135.33N/AN/A00170
2023-11-27$38.16$0.0026.2%7.5%25.8%14.1%0.0%1.8%-5.5%1.9K-44.5K-1220.00133.37N/AN/A00170
2023-11-28$38.17$0.0026.6%7.6%25.8%14.6%0.0%1.2%-6.1%1.9K-44.7K-1210.00132.84N/AN/A00170
2023-11-29$38.40$0.0028.4%8.1%25.8%17.2%0.0%-0.6%-6.1%1.8K-45.4K-1210.00130.47N/AN/A00170
2023-11-30$38.22$0.0027.1%7.8%26.1%15.2%0.0%-1.0%-4.0%1.8K-45.0K-1200.00131.01N/AN/A00170