VET Options History — May 2019

In May 2019, VET traded between $20.96 and $24.57. ATM implied volatility averaged 36.3%, placing in the 26.4% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded above realized volatility by 2.4% (HV 20d: 33.8%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 2.35.

Notable Days

  • 2019-05-24: Highest Volume — 707 contracts
  • 2019-05-07: Largest IV spike — 99.1% change
  • 2019-05-14: Highest IV Rank — 64.1%
  • 2019-05-07: Largest Expected Move — 12.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.89$20.96$24.57$24.57$20.96
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV36.3%26.3%65.6%31.0%33.5%
Expected Move9.4%7.5%12.3%8.9%9.6%
HV 20d33.8%30.3%37.4%30.3%32.3%
HV 60d29.1%27.4%30.3%27.5%29.7%
IV Rank26.4%13.7%64.1%19.7%22.9%
IV Percentile59.4%29.4%98.4%54.8%60.3%
Term Structure0.9%-15.0%10.0%3.1%9.9%
VWIV31.5%23.2%42.1%31.1%33.5%
Skew 25d3.1%-13.7%10.5%-13.7%2.2%
Skew 10d0.6%-22.7%14.1%-22.7%-7.6%
Call IV 25d31.5%26.0%37.7%37.7%35.9%
Put IV 25d34.6%24.0%41.4%24.0%38.1%
Bid-Ask Spread %80.0758.73111.1258.7371.44
Gamma HHI0.430.300.560.540.31
Net GEX13.1K-16.7K31.9K31.9K-16.7K
Net DEX190.9K-524.2K773.1K-524.2K753.0K
Net VEX-4.4K-5.0K-3.6K-5.0K-4.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.350.0017.290.100.87
Total Volume126170788114
Total OI1,806.9091,5712,0141,5711,952

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$24.57$25.0031.0%8.9%30.3%19.7%31.1%-13.7%3.1%31.9K-524.2K-5.0K0.1058.73N/AN/A8081,085486
2019-05-02$23.71$25.0029.0%8.3%32.6%17.1%30.1%5.1%10.0%28.8K-154.7K-4.5K0.1878.44N/AN/A76141,091493
2019-05-03$24.09$25.0030.1%8.6%33.2%18.5%31.6%5.4%0.0%27.6K-213.4K-4.5K0.3763.89N/AN/A115421,110504
2019-05-06$23.80$25.0032.1%8.6%31.7%21.2%32.5%2.4%-0.7%28.7K-151.5K-4.7K3.2766.91N/AN/A11361,130535
2019-05-07$22.86$25.0064.0%12.3%34.1%62.0%42.1%10.5%-8.2%17.3K-2.2K-4.6K2.2597.39N/AN/A16361,134571
2019-05-08$23.74$25.0060.0%11.8%37.3%56.9%39.4%5.0%-15.0%20.9K-226.0K-4.7K1.7088.02N/AN/A27461,135581
2019-05-09$23.52$25.0029.1%9.4%37.3%17.3%32.9%2.5%-0.1%26.3K9.1K-4.4K1.4888.31N/AN/A27401,139581
2019-05-10$23.55$25.0028.5%9.1%37.4%16.5%32.4%1.4%1.9%25.4K23.0K-4.5K0.4492.26N/AN/A48211,139603
2019-05-13$23.11$25.0043.7%9.8%35.1%36.0%0.0%4.5%-0.0%20.2K112.9K-4.4K0.0088.23N/AN/A101,139603
2019-05-14$23.28$25.0065.6%10.5%35.3%64.1%33.8%4.5%-2.6%25.2K-4.4K-4.6K1.4687.65N/AN/A67981,180604
2019-05-15$23.38$25.0033.6%9.6%35.3%23.0%32.9%-0.7%-3.1%23.3K60.6K-4.4K3.21109.00N/AN/A19611,182618
2019-05-16$23.45$25.0034.1%9.8%34.2%23.6%28.8%6.4%-0.5%29.9K-84.0K-4.5K1.5896.36N/AN/A26411,200585
2019-05-17$23.04$25.0027.7%7.9%34.0%15.5%23.2%-0.7%6.5%19.0K176.8K-4.3K2.15111.12N/AN/A27581,203617
2019-05-20$22.72$25.0031.6%9.1%30.9%20.5%27.4%0.3%-0.9%14.0K272.5K-4.0K1.8677.97N/AN/A7131,185640
2019-05-21$22.93$25.0031.8%9.1%31.3%20.7%28.5%-4.2%0.8%13.1K295.3K-4.1K17.2969.32N/AN/A71211,185653
2019-05-22$22.37$25.0026.3%7.5%31.1%13.7%26.4%8.6%5.9%153584.2K-4.3K6.4087.54N/AN/A201281,185764
2019-05-23$21.43$25.0038.4%11.0%33.2%29.2%31.5%0.9%-0.2%-4.8K773.1K-3.6K1.7377.18N/AN/A1462521,198776
2019-05-24$21.69$25.0033.1%9.5%33.9%22.4%24.6%7.2%6.5%-2.1K568.0K-4.2K1.0064.04N/AN/A3533541,300714
2019-05-28$22.09$25.0033.7%9.7%35.2%23.2%34.7%8.9%-0.4%-12.4K612.1K-4.7K0.2761.14N/AN/A2261,128858
2019-05-29$21.91$25.0031.2%8.9%35.2%19.9%31.7%2.6%3.6%-14.1K626.6K-4.6K2.6464.57N/AN/A22581,133855
2019-05-30$21.30$25.0029.4%8.4%33.8%17.6%32.5%8.2%4.2%-14.1K692.6K-4.3K1.3562.04N/AN/A46621,135843
2019-05-31$20.96$25.0033.5%9.6%32.3%22.9%33.5%2.2%9.9%-16.7K753.0K-4.0K0.8771.44N/AN/A61531,130822