VET Options History — April 2019

In April 2019, VET traded between $24.55 and $27.34. ATM implied volatility averaged 29.6%, placing in the 17.8% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 5.2% (HV 20d: 24.4%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 1.05.

Notable Days

  • 2019-04-25: Highest Volume — 176 contracts
  • 2019-04-05: Largest IV spike — 40.7% change
  • 2019-04-25: Highest IV Rank — 23.6%
  • 2019-04-03: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.89$24.55$27.34$25.07$25.61
Max Pain$25.71$25.00$30.00$25.00$25.00
ATM IV29.6%19.4%34.1%30.0%27.6%
Expected Move9.1%7.7%10.4%10.1%7.9%
HV 20d24.4%22.1%26.7%25.7%26.3%
HV 60d27.1%25.1%29.7%29.7%26.1%
IV Rank17.8%4.9%23.6%18.5%15.3%
IV Percentile47.3%2.4%64.7%51.6%36.5%
Term Structure-0.3%-12.3%9.3%8.6%3.1%
VWIV32.0%25.4%41.5%39.8%27.7%
Skew 25d2.2%-11.2%11.8%-1.1%-5.4%
Skew 10d6.1%-18.4%52.2%-0.8%-7.7%
Call IV 25d30.1%20.3%40.6%36.0%32.6%
Put IV 25d32.2%24.9%44.7%34.9%27.2%
Bid-Ask Spread %92.8163.87104.0889.9663.87
Gamma HHI0.550.500.600.600.53
Net GEX41.9K33.5K51.3K41.6K36.4K
Net DEX-1.1M-1.6M-640.6K-935.4K-925.1K
Net VEX-5.4K-5.9K-4.6K-5.9K-5.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.050.108.000.480.17
Total Volume106.714231764327
Total OI1,5811,4461,7241,5461,566

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$25.07$25.0030.0%10.1%25.7%18.5%39.8%-1.1%8.6%41.6K-935.4K-5.9K0.4889.96N/AN/A29141,140406
2019-04-02$24.88$30.0029.1%9.9%25.3%17.3%32.6%-11.2%3.6%39.7K-793.6K-5.7K0.3586.46N/AN/A74261,138418
2019-04-03$24.62$30.0023.9%10.4%24.8%10.6%41.5%-5.6%-12.3%36.4K-664.3K-5.4K0.36100.14N/AN/A74271,112428
2019-04-04$24.55$30.0019.4%9.1%24.8%4.9%30.5%0.6%0.4%33.5K-640.6K-5.3K0.4490.03N/AN/A88391,109435
2019-04-05$25.22$25.0027.4%8.9%24.3%15.0%31.9%3.9%-0.4%40.1K-897.5K-5.5K0.4194.90N/AN/A94391,123429
2019-04-08$25.39$25.0029.3%8.7%24.4%17.6%30.5%7.2%0.2%41.0K-1.0M-5.6K0.6194.01N/AN/A44271,123429
2019-04-09$25.43$25.0028.8%9.1%22.9%16.9%31.8%2.9%-1.3%41.9K-1.0M-5.8K1.0495.64N/AN/A45471,167450
2019-04-10$25.48$25.0033.5%9.6%22.6%22.8%33.4%3.4%-5.3%46.9K-975.1K-5.5K0.69103.27N/AN/A67461,164472
2019-04-11$25.45$25.0030.8%8.8%22.5%19.5%30.8%3.6%-0.6%40.8K-993.4K-5.8K0.9293.51N/AN/A63581,149473
2019-04-12$26.30$25.0031.0%8.9%25.0%19.7%31.1%7.8%-0.2%41.4K-1.3M-5.7K0.8096.16N/AN/A97781,155510
2019-04-15$26.31$25.0030.0%8.6%24.1%18.4%0.0%9.7%1.1%42.3K-1.4M-5.5K8.0091.60N/AN/A4321,153520
2019-04-16$26.46$25.0032.7%9.4%23.1%21.9%0.0%8.5%-2.3%40.2K-1.4M-5.4K1.3196.27N/AN/A32421,153552
2019-04-17$26.97$25.0032.6%9.4%22.1%21.8%33.1%7.7%-1.6%45.5K-1.6M-5.1K1.33100.30N/AN/A43571,162562
2019-04-18$26.41$25.0030.8%8.8%23.6%19.4%30.8%-2.7%-0.7%47.1K-1.4M-5.3K1.7498.92N/AN/A53921,160549
2019-04-22$27.26$25.0027.0%7.7%23.5%14.5%25.4%11.1%9.3%44.0K-1.5M-5.0K0.2799.81N/AN/A77211,074422
2019-04-23$27.34$25.0030.3%8.7%23.1%18.8%31.1%9.3%-5.5%47.1K-1.5M-4.6K0.37101.86N/AN/A103381,041405
2019-04-24$26.62$25.0031.7%9.1%25.4%20.6%31.9%-4.8%0.7%40.4K-1.3M-5.0K0.64104.08N/AN/A103661,064410
2019-04-25$26.63$25.0034.1%9.8%24.9%23.6%32.3%11.8%-6.8%51.3K-1.2M-4.8K0.93101.28N/AN/A91851,073421
2019-04-26$26.04$25.0031.8%9.1%26.2%20.7%34.3%-10.2%2.2%42.3K-974.2K-5.2K1.1075.88N/AN/A84921,077444
2019-04-29$25.74$25.0028.7%8.2%26.7%16.7%28.7%-0.3%1.1%39.7K-983.1K-5.2K0.1071.07N/AN/A2121,084479
2019-04-30$25.61$25.0027.6%7.9%26.3%15.3%27.7%-5.4%3.1%36.4K-925.1K-5.2K0.1763.87N/AN/A2341,084482