VERS Options History — December 2023

In December 2023, VERS traded between $38.59 and $42.97. ATM implied volatility averaged 27.7%, placing in the 16.2% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 9.1% (HV 20d: 18.6%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-12-22: Highest Volume — 6 contracts
  • 2023-12-13: Largest IV drop — 56.5% change
  • 2023-12-12: Highest IV Rank — 46.6%
  • 2023-12-01: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.99$38.59$42.97$38.86$42.36
Max Pain$35.00$35.00$35.00$35.00$35.00
ATM IV27.7%21.2%49.2%26.7%24.3%
Expected Move6.2%4.4%7.6%7.6%7.0%
HV 20d18.6%15.3%23.9%23.9%18.9%
HV 60d23.8%23.4%24.1%23.8%23.6%
IV Rank16.2%7.0%46.6%14.7%11.3%
IV Percentile38.3%5.6%96.8%44.4%30.6%
Term Structure2.0%-6.7%7.7%-6.7%-3.5%
VWIV24.4%16.6%32.2%16.6%32.2%
Skew 25d-0.2%-8.5%2.7%2.7%0.4%
Skew 10d-2.5%-11.1%4.6%2.2%-11.1%
Call IV 25d23.3%21.0%29.6%29.6%25.9%
Put IV 25d23.2%12.8%32.3%32.3%26.3%
Bid-Ask Spread %122.46118.36129.66129.66124.56
Gamma HHI0.310.240.370.330.24
Net GEX1.3K9721.8K1.7K1.1K
Net DEX-58.3K-68.7K-47.3K-48.9K-59.8K
Net VEX-85-114-66-112-74
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.40600
Total OI17.217181717

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$38.86$0.0026.7%7.6%23.9%14.7%0.0%2.7%-6.7%1.7K-48.9K-1120.00129.66N/AN/A00170
2023-12-04$38.80$35.0031.5%5.1%22.1%21.5%0.0%-2.5%6.9%1.7K-48.1K-1130.00122.37N/AN/A00170
2023-12-05$38.59$35.0031.6%4.6%21.8%21.6%0.0%-3.6%7.7%1.8K-47.3K-1140.00122.94N/AN/A00170
2023-12-06$38.66$35.0031.2%4.4%21.3%21.1%0.0%-1.4%7.6%1.8K-48.3K-1110.00121.92N/AN/A00170
2023-12-07$39.13$35.0033.0%4.8%21.5%23.6%0.0%2.6%7.2%1.7K-50.7K-1070.00122.64N/AN/A00170
2023-12-08$39.66$35.0033.9%6.4%19.8%25.0%0.0%-1.9%1.3%1.6K-52.1K-1050.00122.37N/AN/A00170
2023-12-11$39.67$35.0042.6%6.2%19.5%37.3%0.0%-1.4%1.5%1.6K-53.7K-940.00125.38N/AN/A00170
2023-12-12$39.88$35.0049.2%6.6%18.7%46.6%0.0%0.8%0.4%1.6K-53.2K-1000.00123.36N/AN/A00170
2023-12-13$40.93$35.0021.4%6.1%15.3%7.2%0.0%-8.5%5.2%1.4K-59.2K-800.00121.80N/AN/A00170
2023-12-14$41.83$35.0022.1%6.3%16.3%8.2%0.0%0.4%1.0%1.0K-63.2K-660.00118.36N/AN/A00170
2023-12-15$41.91$35.0023.4%6.7%15.8%10.0%0.0%1.2%0.1%1.0K-62.4K-730.00119.92N/AN/A00170
2023-12-18$41.97$35.0023.2%6.7%15.8%9.8%16.6%0.7%0.8%1.0K-63.0K-710.00121.35N/AN/A20170
2023-12-19$42.55$35.0022.4%6.4%15.8%8.6%0.0%1.2%0.7%997-68.6K-660.00119.47N/AN/A00180
2023-12-20$41.55$35.0021.2%6.1%17.2%7.0%0.0%0.2%0.8%1.1K-66.2K-740.00120.37N/AN/A00180
2023-12-21$42.20$35.0023.5%6.7%17.6%10.2%0.0%1.0%1.2%1.1K-67.5K-690.00121.42N/AN/A00180
2023-12-22$42.38$35.0022.6%6.5%17.5%9.0%32.2%0.9%3.5%972-68.7K-680.00123.56N/AN/A60180
2023-12-26$42.97$35.0024.1%6.9%17.8%11.0%0.0%1.4%3.1%997-61.7K-710.00124.92N/AN/A00170
2023-12-27$42.89$35.0023.2%6.7%17.9%9.8%0.0%0.7%-0.3%1.0K-61.7K-720.00121.25N/AN/A00170
2023-12-28$42.95$35.0023.1%6.6%17.9%9.7%0.0%1.6%1.1%1.0K-62.4K-660.00121.58N/AN/A00170
2023-12-29$42.36$35.0024.3%7.0%18.9%11.3%0.0%0.4%-3.5%1.1K-59.8K-740.00124.56N/AN/A00170