VET Options History — January 2019

In January 2019, VET traded between $21.69 and $24.87. ATM implied volatility averaged 39.2%, placing in the 30.4% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded below realized volatility by 6.1% (HV 20d: 45.4%). Max pain ranged from $20.00 to $30.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 3.55.

Notable Days

  • 2019-01-09: Highest Volume — 647 contracts
  • 2019-01-31: Largest IV spike — 34.7% change
  • 2019-01-07: Highest IV Rank — 43.0%
  • 2019-01-02: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.58$21.69$24.87$21.69$24.52
Max Pain$24.64$20.00$30.00$22.50$30.00
ATM IV39.2%29.9%48.6%47.3%40.3%
Expected Move11.3%8.6%13.6%13.6%12.0%
HV 20d45.4%35.8%54.7%52.5%35.8%
HV 60d44.4%43.4%45.1%43.4%44.1%
IV Rank30.4%18.3%43.0%41.4%31.6%
IV Percentile78.6%54.4%92.1%90.9%82.1%
Term Structure-1.1%-17.3%8.5%-9.9%-10.6%
VWIV40.6%29.3%49.8%46.7%41.8%
Skew 25d0.0%-19.3%12.8%1.0%6.3%
Skew 10d-5.6%-33.5%15.3%2.5%15.3%
Call IV 25d41.1%28.5%58.6%44.6%33.9%
Put IV 25d41.1%32.2%56.1%45.6%40.3%
Bid-Ask Spread %80.9247.90102.88102.2994.42
Gamma HHI0.360.230.620.430.35
Net GEX5.0K-3.3K27.3K7.8K2.7K
Net DEX519.8K124.2K846.8K670.7K562.7K
Net VEX-6.4K-8.4K-4.7K-7.3K-5.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.550.0211.751.054.10
Total Volume159.286564739265
Total OI2,098.9051,8732,3472,2952,115

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$21.69$22.5047.3%13.6%52.5%41.4%46.7%1.0%-9.9%7.8K670.7K-7.3K1.05102.29N/AN/A19201,393902
2019-01-03$22.05$20.0046.7%13.1%52.6%40.6%49.8%2.2%-2.3%8.8K569.2K-7.6K1.2470.35N/AN/A29361,398900
2019-01-04$22.89$20.0045.7%13.2%54.7%39.4%46.6%12.8%-2.1%9.5K320.7K-8.4K1.5584.35N/AN/A31481,408911
2019-01-07$23.12$25.0048.6%12.9%53.6%43.0%44.9%0.3%-4.7%10.9K340.1K-8.2K3.0047.90N/AN/A6181,404917
2019-01-08$22.44$25.0039.6%12.7%53.6%30.8%45.7%-7.0%1.7%5.3K546.1K-7.8K3.8691.55N/AN/A7271,400932
2019-01-09$23.04$25.0041.2%11.8%49.4%32.8%39.9%3.6%-4.6%9.5K512.5K-7.6K0.0981.67N/AN/A595521,399948
2019-01-10$23.91$25.0038.0%10.9%51.1%28.7%41.0%4.2%0.8%738486.8K-6.5K0.0591.15N/AN/A537271,084983
2019-01-11$24.12$25.0037.4%10.7%50.3%27.9%43.1%6.4%4.4%2.5K408.5K-6.6K6.9164.12N/AN/A11761,086968
2019-01-14$23.97$25.0038.4%11.0%50.4%29.1%0.0%3.3%4.1%2.7K428.3K-6.4K0.00102.88N/AN/A051,090966
2019-01-15$24.27$25.0036.3%10.4%47.3%26.4%36.4%2.2%2.0%8.3K382.0K-6.4K5.0087.24N/AN/A151,090971
2019-01-16$24.35$25.0035.5%10.2%44.9%25.5%36.6%-4.6%0.5%10.4K383.9K-6.2K11.7555.14N/AN/A4471,091971
2019-01-17$24.87$25.0034.1%9.8%42.2%23.7%35.6%3.4%2.2%27.3K124.2K-6.3K6.7192.41N/AN/A7471,095945
2019-01-18$24.56$25.0040.8%11.7%38.9%32.3%39.4%-2.1%-7.2%-87260.1K-6.3K9.0087.33N/AN/A7631,095945
2019-01-22$24.30$25.0038.3%11.0%38.9%29.1%37.6%-2.0%-3.8%1.6K409.7K-5.8K0.0283.90N/AN/A17831,030887
2019-01-23$22.96$25.0034.2%9.8%43.7%23.8%37.8%-8.2%8.5%-3.3K843.0K-4.7K0.0684.59N/AN/A18010985888
2019-01-24$22.86$25.0040.2%11.5%41.8%31.5%41.7%-19.3%0.7%-2.4K846.8K-4.8K0.0786.00N/AN/A18212986897
2019-01-25$23.41$25.0038.3%11.0%40.1%29.0%41.2%-6.1%6.6%-648720.8K-4.9K0.0577.00N/AN/A23212986897
2019-01-28$23.45$25.0035.3%10.1%37.0%25.2%0.0%4.5%6.3%786701.5K-5.0K9.0074.32N/AN/A151351,037896
2019-01-29$24.01$25.0037.4%10.7%37.3%27.9%37.2%-0.9%-17.3%976793.2K-5.3K5.6959.74N/AN/A261481,0501,031
2019-01-30$24.46$25.0029.9%8.6%36.6%18.3%29.3%0.3%1.2%1.5K606.1K-5.5K1.8181.02N/AN/A791431,0611,039
2019-01-31$24.52$30.0040.3%12.0%35.8%31.6%41.8%6.3%-10.6%2.7K562.7K-5.8K4.1094.42N/AN/A522131,0711,044