VERS Options History — March 2025

In March 2025, VERS traded between $45.92 and $50.45. ATM implied volatility averaged 35.9%, placing in the 33.5% IV rank vs the trailing year. The 30-day expected move averaged 10.3%. IV traded above realized volatility by 3.7% (HV 20d: 32.2%). Max pain ranged from $47.00 to $47.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days.

Notable Days

  • 2025-03-10: Largest IV spike — 37.4% change
  • 2025-03-10: Highest IV Rank — 51.2%
  • 2025-03-11: Largest Expected Move — 14.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.23$45.92$50.45$48.98$45.92
Max Pain$47.00$47.00$47.00$47.00$47.00
ATM IV35.9%30.3%46.3%39.6%37.8%
Expected Move10.3%8.1%14.1%11.4%9.1%
HV 20d32.2%26.0%35.7%27.3%33.9%
HV 60d36.8%35.0%37.7%35.0%37.4%
IV Rank33.5%24.1%51.2%39.9%36.7%
IV Percentile89.7%80.2%97.6%94.4%91.7%
Term Structure-4.9%-12.3%-1.0%-6.8%-5.8%
Skew 25d5.2%-12.4%14.2%-12.4%4.6%
Skew 10d3.3%-10.6%8.1%-10.6%1.9%
Call IV 25d28.0%23.3%38.7%38.7%32.1%
Put IV 25d33.1%26.3%42.7%26.3%36.7%
Bid-Ask Spread %116.51101.27130.34121.66111.56
Gamma HHI0.210.200.220.200.22
Net GEX1.3K1.2K1.4K1.3K1.4K
Net DEX-32.6K-40.8K-20.1K-37.9K-20.1K
Net VEX-171-188-145-186-145
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1919191919

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$48.98$0.0039.6%11.4%27.3%39.9%0.0%-12.4%-6.8%1.3K-37.9K-1860.00121.66N/AN/A00163
2025-03-04$49.69$0.0039.8%11.4%28.1%40.2%0.0%4.5%-5.2%1.3K-38.9K-1880.00119.95N/AN/A00163
2025-03-05$50.45$0.0037.2%10.7%26.0%35.7%0.0%7.8%-3.5%1.4K-40.8K-1860.00124.66N/AN/A00163
2025-03-06$48.97$0.0040.6%11.6%27.5%41.6%0.0%5.8%-4.9%1.3K-38.4K-1860.00118.10N/AN/A00163
2025-03-07$49.62$0.0033.7%9.7%28.0%29.9%0.0%11.2%-1.6%1.3K-37.0K-1870.00124.43N/AN/A00163
2025-03-10$47.27$0.0046.3%13.3%32.1%51.2%0.0%11.2%-9.2%1.2K-29.6K-1790.00116.99N/AN/A00163
2025-03-11$47.36$0.0040.7%14.1%31.9%41.7%0.0%10.2%-11.3%1.2K-28.6K-1780.00120.33N/AN/A00163
2025-03-12$47.48$0.0037.9%13.3%32.1%36.9%0.0%14.2%-10.3%1.3K-29.5K-1770.00122.73N/AN/A00163
2025-03-13$46.55$0.0038.3%13.1%32.4%37.7%0.0%9.4%-12.3%1.2K-26.3K-1720.00124.64N/AN/A00163
2025-03-14$47.91$0.0036.5%11.8%33.2%34.6%0.0%10.6%-5.5%1.3K-30.3K-1740.00130.34N/AN/A00163
2025-03-17$48.82$47.0033.2%8.5%33.7%29.0%0.0%2.8%-2.9%1.3K-34.1K-1730.00103.57N/AN/A00163
2025-03-18$47.98$47.0035.1%8.8%33.8%32.3%0.0%4.9%-4.2%1.3K-30.9K-1700.00102.39N/AN/A00163
2025-03-19$48.73$47.0033.1%8.4%34.4%28.8%0.0%2.5%-2.6%1.4K-33.8K-1710.00101.27N/AN/A00163
2025-03-20$48.10$0.0032.8%9.1%34.5%28.3%0.0%2.7%-1.4%1.3K-31.2K-1680.00108.54N/AN/A00163
2025-03-21$48.28$0.0032.2%8.9%33.5%27.3%0.0%1.2%-1.5%1.4K-31.5K-1650.00109.45N/AN/A00163
2025-03-24$49.44$0.0030.7%8.4%35.0%24.7%0.0%2.6%-1.4%1.4K-37.7K-1610.00122.77N/AN/A00163
2025-03-25$49.32$0.0030.3%8.1%34.6%24.1%0.0%2.3%-1.9%1.3K-37.8K-1600.00122.53N/AN/A00163
2025-03-26$48.14$0.0031.6%8.5%35.0%26.3%0.0%1.0%-2.6%1.4K-34.0K-1570.00112.13N/AN/A00163
2025-03-27$47.84$0.0031.8%8.7%33.4%26.5%0.0%1.8%-1.0%1.4K-30.6K-1570.00119.68N/AN/A00163
2025-03-28$46.03$0.0034.4%8.8%35.7%31.0%0.0%10.0%-7.5%1.4K-25.4K-1550.00109.07N/AN/A00163
2025-03-31$45.92$0.0037.8%9.1%33.9%36.7%0.0%4.6%-5.8%1.4K-20.1K-1450.00111.56N/AN/A00163