VERX Options History — June 2025

In June 2025, VERX traded between $33.69 and $41.91. ATM implied volatility averaged 36.8%, placing in the 14.9% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded below realized volatility by 1.1% (HV 20d: 37.9%). Max pain ranged from $25.00 to $40.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 1.28.

Notable Days

  • 2025-06-25: Highest Volume — 222 contracts
  • 2025-06-11: Largest IV spike — 49.9% change
  • 2025-06-17: Highest IV Rank — 26.6%
  • 2025-06-17: Largest Expected Move — 13.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.30$33.69$41.91$39.70$35.45
Max Pain$37.75$25.00$40.00$25.00$40.00
ATM IV36.8%28.1%45.7%37.0%40.1%
Expected Move10.9%8.5%13.1%10.6%11.5%
HV 20d37.9%26.6%48.4%31.2%48.4%
HV 60d42.3%39.2%45.0%42.3%44.2%
IV Rank14.9%3.4%26.6%15.2%19.2%
IV Percentile29.9%1.6%60.3%29.0%40.5%
Term Structure7.4%-4.4%23.6%0.0%10.0%
VWIV39.9%28.7%47.2%37.0%40.5%
Skew 25d1.9%-15.1%15.8%11.3%6.5%
Skew 10d1.5%-20.7%38.6%18.0%13.4%
Call IV 25d38.5%24.9%46.5%28.8%40.4%
Put IV 25d40.4%23.8%60.2%40.1%46.9%
Bid-Ask Spread %88.4065.26102.0889.7092.78
Gamma HHI0.250.210.320.320.23
Net GEX42.6K6.0K68.7K62.6K21.5K
Net DEX-4.0M-5.7M-2.2M-5.0M-2.9M
Net VEX-8.8K-9.8K-8.2K-9.1K-8.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.280.006.001.670.20
Total Volume52.755222812
Total OI2,574.31,9212,9032,7612,006

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-06-02$39.70$25.0037.0%10.6%31.2%15.2%37.0%11.3%0.0%62.6K-5.0M-9.1K1.6789.70N/AN/A352,425336
2025-06-03$40.86$25.0029.6%8.5%32.7%5.4%37.4%15.8%-0.3%64.0K-5.4M-9.5K0.2492.67N/AN/A41102,424339
2025-06-04$41.39$25.0031.2%8.9%32.6%7.5%38.3%9.6%-0.9%63.8K-5.5M-9.8K0.1196.07N/AN/A1922,435349
2025-06-05$41.91$40.0032.0%10.9%26.6%8.5%36.3%0.9%6.2%62.1K-5.7M-8.7K0.0386.46N/AN/A3412,437351
2025-06-06$41.07$40.0033.9%10.7%28.0%11.1%35.4%-1.6%3.7%66.0K-5.5M-9.2K0.0891.38N/AN/A1312,453345
2025-06-09$41.10$40.0031.5%10.5%27.3%7.9%28.7%-1.9%2.7%68.7K-5.4M-8.9K0.8091.87N/AN/A542,445346
2025-06-10$37.97$40.0028.1%10.7%38.2%3.4%38.0%-15.1%5.8%54.6K-4.4M-8.7K0.0489.98N/AN/A6832,442345
2025-06-11$37.40$40.0042.1%12.1%37.8%21.9%43.3%-0.4%-1.9%46.2K-4.1M-8.7K0.0279.81N/AN/A4612,437350
2025-06-12$36.52$40.0040.8%11.7%38.2%20.2%41.6%-5.0%4.7%43.3K-3.9M-9.0K1.5084.20N/AN/A232,488350
2025-06-13$36.80$40.0044.6%12.8%37.0%25.2%47.2%-3.7%-4.4%46.4K-3.9M-9.5K0.0286.24N/AN/A8622,489350
2025-06-16$36.91$40.0033.3%9.5%36.7%10.2%42.3%-12.2%9.4%44.7K-3.9M-8.7K1.3388.44N/AN/A9122,542350
2025-06-17$37.22$40.0045.7%13.1%36.4%26.6%0.0%5.8%6.8%40.5K-4.0M-8.7K0.0087.68N/AN/A502,545358
2025-06-18$35.56$40.0035.9%10.3%39.5%13.7%0.0%-12.6%13.5%33.0K-3.5M-8.6K0.7198.09N/AN/A752,542358
2025-06-20$33.97$40.0034.2%9.8%42.1%11.5%45.8%4.5%23.6%28.3K-3.0M-8.3K6.0091.92N/AN/A8482,546355
2025-06-23$34.72$40.0034.7%9.9%43.0%12.1%46.6%7.5%19.1%27.0K-2.8M-8.2K1.4291.43N/AN/A36511,647274
2025-06-24$35.58$40.0040.7%11.7%44.1%20.0%41.0%2.7%7.0%26.6K-2.9M-8.3K3.8565.26N/AN/A401541,647316
2025-06-25$33.72$40.0042.3%12.1%45.8%22.1%42.2%-1.7%7.9%6.0K-2.2M-8.9K4.0566.39N/AN/A441781,648468
2025-06-26$33.69$40.0039.3%11.3%45.6%18.2%0.0%13.8%17.0%23.5K-2.6M-8.3K0.0095.57N/AN/A5201,642330
2025-06-27$34.55$40.0040.1%11.5%47.0%19.2%36.4%13.6%18.4%24.2K-2.7M-8.5K3.50102.08N/AN/A10351,646330
2025-06-30$35.45$40.0040.1%11.5%48.4%19.2%40.5%6.5%10.0%21.5K-2.9M-8.5K0.2092.78N/AN/A1021,641365