VERX Options History — March 2022

In March 2022, VERX traded between $12.81 and $15.28. ATM implied volatility averaged 67.1%, placing in the 50.4% IV rank vs the trailing year. The 30-day expected move averaged 20.1%. IV traded above realized volatility by 18.8% (HV 20d: 48.3%). Max pain ranged from $12.50 to $17.50. Net GEX was positive for 1 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 1.25.

Notable Days

  • 2022-03-01: Highest Volume — 225 contracts
  • 2022-03-14: Largest IV spike — 31.0% change
  • 2022-03-03: Highest IV Rank — 100.0%
  • 2022-03-08: Largest Expected Move — 30.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.00$12.81$15.28$13.68$15.28
Max Pain$15.11$12.50$17.50$12.50$17.50
ATM IV67.1%48.8%105.1%75.4%64.7%
Expected Move20.1%14.2%30.5%21.6%16.3%
HV 20d48.3%41.0%54.0%49.5%45.9%
HV 60d52.8%50.8%54.9%51.4%53.6%
IV Rank50.4%26.3%100.0%62.1%47.1%
IV Percentile70.4%30.7%100.0%92.3%74.9%
Term Structure-5.1%-32.8%39.1%-16.9%-0.7%
VWIV74.4%43.5%133.6%80.7%47.5%
Skew 25d10.5%-17.3%56.5%9.9%25.3%
Skew 10d31.1%-0.6%128.2%21.6%23.8%
Call IV 25d56.1%46.1%79.9%69.4%50.8%
Put IV 25d66.6%41.5%114.0%79.3%76.1%
Bid-Ask Spread %113.1897.80127.60123.13105.61
Gamma HHI0.250.190.300.210.27
Net GEX-574-1.3K13-405-675
Net DEX12.6K-18.3K39.3K21.3K-12.6K
Net VEX-833-956-703-944-703
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.250.762.160.761.25
Total Volume174.391112225225135
Total OI506.13349610599367

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-03-01$13.68$12.5075.4%21.6%49.5%62.1%80.7%9.9%-16.9%-40521.3K-9440.76123.13N/AN/A12897362237
2022-03-02$13.73$12.5097.9%28.1%45.2%91.9%88.8%6.7%-32.8%-45924.1K-9560.76117.37N/AN/A12897362237
2022-03-03$13.08$12.50105.1%30.1%48.4%100.0%95.0%-17.3%-31.4%-28631.2K-9020.76122.15N/AN/A12897362237
2022-03-04$13.20$12.5090.3%25.9%46.8%80.7%122.3%20.9%-16.8%-18032.0K-9030.76120.45N/AN/A12897362237
2022-03-07$13.35$12.5087.8%25.2%46.2%77.4%133.6%28.7%-4.0%-43433.1K-8590.76123.52N/AN/A12897361237
2022-03-08$13.53$12.5074.7%30.5%45.8%60.3%132.7%21.7%-27.2%-37119.7K-9200.8299.47N/AN/A11997361237
2022-03-09$13.83$12.5059.5%23.1%42.8%40.3%111.3%15.7%-1.8%-1573.0K-9330.96118.78N/AN/A10197367237
2022-03-10$13.72$12.5065.4%23.9%42.2%48.0%128.3%7.1%-22.9%-41822.8K-8510.96127.60N/AN/A10197369237
2022-03-11$13.75$12.5048.8%18.8%41.0%26.3%127.9%9.3%7.9%-40817.4K-8650.96123.93N/AN/A10197369237
2022-03-14$12.81$15.0063.9%15.6%47.6%46.1%61.9%10.4%-9.8%-2539.3K-8270.9697.80N/AN/A10197369237
2022-03-15$13.21$15.0062.5%16.8%48.0%44.3%56.1%14.9%0.3%-435.1K-8080.96101.60N/AN/A10197369237
2022-03-16$13.19$15.0067.3%16.5%46.3%50.6%55.4%56.5%-13.2%1337.2K-7920.97100.09N/AN/A10097369237
2022-03-17$14.24$0.0054.1%20.4%54.0%33.3%47.8%8.1%39.1%-1.1K-2.2K-8300.90105.78N/AN/A10393369237
2022-03-18$14.24$17.5056.7%15.3%52.2%36.6%47.3%12.1%6.9%-943-2.7K-8210.90122.95N/AN/A10393374236
2022-03-21$14.16$17.5067.8%14.2%52.0%51.2%55.5%-13.6%-24.9%-1.3K18.9K-7771.90124.55N/AN/A4280137213
2022-03-22$14.80$17.5062.6%18.3%52.4%44.4%45.1%9.1%-4.2%-837-5.2K-7941.95109.78N/AN/A4180136213
2022-03-23$14.59$17.5054.2%18.0%52.5%33.4%45.6%4.8%8.8%-915-22-7952.16117.16N/AN/A3780139213
2022-03-24$14.75$17.5058.0%18.3%51.7%38.3%47.9%-1.5%4.8%-956-6.6K-8202.16108.02N/AN/A3780139213
2022-03-25$14.58$17.5058.8%19.3%52.1%39.4%44.4%0.4%14.4%-1.1K8.5K-7232.11112.23N/AN/A3880139213
2022-03-28$14.39$17.5060.9%15.7%48.9%42.2%47.4%2.0%-6.0%-1.1K9.3K-7431.95104.71N/AN/A3874141213
2022-03-29$14.95$17.5052.3%14.9%50.0%31.0%43.5%4.3%10.5%-604-16.2K-8161.48113.38N/AN/A5074141216
2022-03-30$15.05$17.5055.3%15.7%50.0%34.8%45.0%5.6%1.5%-532-18.3K-7871.50103.01N/AN/A5075150216
2022-03-31$15.28$17.5064.7%16.3%45.9%47.1%47.5%25.3%-0.7%-675-12.6K-7031.25105.61N/AN/A6075150217