VERS Options History — September 2025

In September 2025, VERS traded between $56.11 and $62.57. ATM implied volatility averaged 26.8%, placing in the 14.2% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 7.9% (HV 20d: 18.9%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-09-19: Highest Volume — 4 contracts
  • 2025-09-03: Largest IV drop — 12.4% change
  • 2025-09-26: Highest IV Rank — 23.5%
  • 2025-09-30: Largest Expected Move — 9.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$59.59$56.11$62.57$56.11$60.73
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV26.8%23.6%32.1%27.8%32.1%
Expected Move7.7%6.8%9.2%8.0%9.2%
HV 20d18.9%14.4%22.0%21.4%17.9%
HV 60d19.9%18.8%21.0%20.8%19.9%
IV Rank14.2%8.7%23.5%16.2%18.1%
IV Percentile34.0%3.2%75.4%48.8%75.4%
Term Structure0.3%-2.6%2.3%-1.2%-2.6%
VWIV31.4%26.6%36.3%36.3%26.6%
Skew 25d2.0%-3.4%6.9%0.2%3.4%
Skew 10d6.7%1.0%16.1%1.2%3.8%
Call IV 25d22.4%18.4%26.4%25.8%25.3%
Put IV 25d24.4%21.1%29.0%26.0%28.7%
Bid-Ask Spread %115.01109.21140.11132.96113.02
Gamma HHI0.350.230.470.230.34
Net GEX2.2K1.8K2.6K1.8K2.6K
Net DEX-78.1K-94.6K-60.0K-60.0K-87.9K
Net VEX-117-136-93-134-125
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.3330400
Total OI19.47618211921

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$56.11$0.0027.8%8.0%21.4%16.2%0.0%0.2%-1.2%1.8K-60.0K-1340.00132.96N/AN/A00172
2025-09-03$56.44$0.0024.4%7.0%21.4%10.1%0.0%1.8%2.3%1.9K-62.1K-1310.00140.11N/AN/A00172
2025-09-04$57.39$45.0023.6%7.3%22.0%8.7%0.0%6.9%1.2%2.0K-66.6K-1270.00110.78N/AN/A00172
2025-09-05$58.25$45.0025.4%7.2%21.6%11.9%0.0%-1.8%1.5%2.0K-70.3K-1180.00109.21N/AN/A00172
2025-09-08$58.62$45.0024.8%6.9%21.6%10.8%0.0%3.6%1.7%2.2K-72.6K-1180.00115.29N/AN/A00172
2025-09-09$58.56$45.0025.3%7.1%21.5%11.8%0.0%2.0%1.2%2.0K-73.1K-1140.00114.84N/AN/A00172
2025-09-10$58.09$45.0024.6%7.0%19.8%10.4%0.0%1.2%0.1%2.1K-72.7K-1090.00112.94N/AN/A00172
2025-09-11$59.01$45.0024.2%6.9%20.2%9.8%0.0%2.4%1.4%2.3K-74.8K-1130.00115.44N/AN/A00172
2025-09-12$59.03$45.0023.7%6.8%20.0%9.0%0.0%3.1%1.9%2.3K-74.7K-1080.00113.61N/AN/A00172
2025-09-15$59.37$45.0025.1%7.2%19.5%11.5%0.0%2.0%-0.0%2.1K-77.0K-1080.00115.69N/AN/A00172
2025-09-16$59.67$45.0024.9%7.1%19.5%11.0%36.3%3.0%1.2%2.1K-78.1K-1050.00114.20N/AN/A10172
2025-09-17$60.02$45.0026.4%7.6%17.3%13.8%0.0%3.8%-0.4%2.1K-74.0K-990.00111.75N/AN/A00162
2025-09-18$61.24$45.0025.9%7.4%17.0%12.9%0.0%5.3%1.1%2.1K-78.8K-970.00111.93N/AN/A00162
2025-09-19$61.05$45.0027.9%8.0%17.0%16.4%26.6%-3.4%-0.4%1.9K-79.9K-930.00111.73N/AN/A40162
2025-09-22$62.57$45.0026.3%7.6%14.4%13.6%0.0%1.1%1.5%2.2K-91.6K-1090.00110.56N/AN/A20182
2025-09-23$61.94$45.0027.2%7.8%15.4%15.2%0.0%-2.6%0.5%2.3K-94.6K-1280.00111.67N/AN/A00192
2025-09-24$61.19$45.0028.5%8.2%16.5%17.4%0.0%0.0%0.7%2.4K-90.8K-1300.00111.81N/AN/A00192
2025-09-25$60.26$45.0031.4%9.0%17.9%22.5%0.0%4.5%-1.4%2.5K-84.0K-1360.00111.45N/AN/A00192
2025-09-26$60.64$45.0031.9%9.1%17.9%23.5%0.0%3.8%-1.8%2.5K-85.3K-1360.00112.54N/AN/A00192
2025-09-29$61.31$45.0031.6%9.0%17.7%22.8%0.0%1.3%-1.8%2.5K-90.9K-1260.00113.56N/AN/A00192
2025-09-30$60.73$45.0032.1%9.2%17.9%18.1%0.0%3.4%-2.6%2.6K-87.9K-1250.00113.02N/AN/A00192