VET Options History — February 2021

In February 2021, VET traded between $4.53 and $6.77. ATM implied volatility averaged 91.7%, placing in the 23.4% IV rank vs the trailing year. The 30-day expected move averaged 27.1%. IV traded above realized volatility by 19.8% (HV 20d: 71.8%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.19.

Notable Days

2021-02-22: Highest Volume — 3,146 contracts
2021-02-10: Largest IV spike — 19.3% change
2021-02-23: Highest IV Rank — 27.0%
2021-02-23: Largest Expected Move — 29.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5.52	$4.53	$6.77	$4.53	$6.33
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	91.7%	76.8%	102.6%	92.8%	94.9%
Expected Move	27.1%	24.7%	29.4%	26.6%	27.2%
HV 20d	71.8%	65.7%	78.9%	74.6%	78.9%
HV 60d	74.8%	69.7%	87.1%	86.7%	72.5%
IV Rank	23.4%	17.3%	27.0%	26.8%	23.4%
IV Percentile	56.6%	30.2%	76.6%	58.7%	59.5%
Term Structure	0.8%	-12.3%	111.1%	5.5%	-5.4%
VWIV	96.8%	86.1%	106.6%	93.0%	96.5%
Bid-Ask Spread %	20.52	10.22	48.32	48.32	26.62
Gamma HHI	0.47	0.36	0.66	0.36	0.61
Net GEX	33.1K	18.8K	59.9K	18.8K	59.9K
Net DEX	-2.6M	-4.5M	-1.3M	-1.3M	-4.0M
Net VEX	-10.2K	-14.7K	-7.9K	-7.9K	-14.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.19	0.02	0.55	0.11	0.15
Total Volume	957.526	188	3,146	366	1,898
Total OI	13,793.789	12,233	16,648	12,514	16,648

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2021-02-01	$4.53	$5.00	92.8%	26.6%	74.6%	26.8%	93.0%	0.0%	5.5%	18.8K	-1.3M	-7.9K	0.11	48.32	N/A	N/A	330	36	10,352	2,162
2021-02-02	$4.62	$5.00	92.7%	26.6%	74.8%	26.7%	92.7%	0.0%	3.5%	20.3K	-1.4M	-8.1K	0.03	10.96	N/A	N/A	355	10	10,519	2,183
2021-02-03	$4.87	$5.00	86.3%	24.7%	68.9%	24.3%	86.1%	0.0%	7.5%	23.4K	-1.7M	-8.5K	0.13	13.44	N/A	N/A	209	27	10,672	2,193
2021-02-04	$4.89	$5.00	83.5%	26.5%	67.4%	20.2%	92.2%	0.0%	-5.0%	24.1K	-1.7M	-8.5K	0.25	18.09	N/A	N/A	257	63	10,710	2,214
2021-02-05	$4.97	$5.00	76.8%	27.2%	65.7%	17.3%	97.9%	0.0%	-7.8%	25.3K	-1.8M	-8.7K	0.02	17.99	N/A	N/A	547	11	10,764	2,251
2021-02-08	$5.30	$5.00	81.6%	26.9%	70.0%	19.1%	97.3%	0.0%	-9.4%	29.8K	-2.3M	-9.1K	0.10	18.17	N/A	N/A	935	94	10,985	2,240
2021-02-09	$5.26	$5.00	77.8%	26.9%	69.5%	17.6%	94.8%	0.0%	-6.8%	29.6K	-2.2M	-9.0K	0.09	19.60	N/A	N/A	173	15	11,193	2,279
2021-02-10	$5.27	$5.00	92.8%	26.6%	68.1%	23.6%	95.4%	0.0%	-2.3%	29.8K	-2.3M	-9.2K	0.52	45.12	N/A	N/A	231	120	11,298	2,289
2021-02-11	$5.08	$5.00	91.0%	26.1%	68.2%	22.9%	91.8%	0.0%	-6.8%	28.1K	-2.0M	-9.0K	0.55	17.58	N/A	N/A	211	117	11,345	2,409
2021-02-12	$5.38	$5.00	92.9%	26.6%	68.9%	23.7%	106.6%	0.0%	-8.2%	31.0K	-2.4M	-9.5K	0.46	16.04	N/A	N/A	234	107	11,382	2,422
2021-02-16	$5.80	$5.00	100.6%	28.9%	72.7%	26.7%	102.7%	0.0%	-12.3%	28.6K	-3.1M	-9.9K	0.20	15.03	N/A	N/A	1,463	293	11,512	2,336
2021-02-17	$5.79	$5.00	96.1%	27.6%	70.8%	24.9%	96.6%	0.0%	-6.5%	29.6K	-3.0M	-10.1K	0.09	13.24	N/A	N/A	415	36	11,798	2,395
2021-02-18	$5.55	$5.00	95.9%	27.5%	69.6%	24.8%	96.8%	0.0%	111.1%	27.4K	-2.8M	-9.7K	0.32	20.40	N/A	N/A	410	131	11,864	2,401
2021-02-19	$5.54	$5.00	89.9%	25.8%	68.8%	22.4%	97.8%	0.0%	-5.7%	27.9K	-2.7M	-10.0K	0.03	16.22	N/A	N/A	703	23	12,040	2,434
2021-02-22	$6.26	$5.00	95.2%	27.3%	78.0%	24.0%	96.4%	0.0%	-8.0%	37.5K	-3.3M	-11.1K	0.05	23.13	N/A	N/A	2,984	162	10,073	2,160
2021-02-23	$6.07	$5.00	102.6%	29.4%	76.6%	27.0%	103.9%	0.0%	-5.0%	43.5K	-3.4M	-12.6K	0.08	18.72	N/A	N/A	783	65	11,960	2,262
2021-02-24	$6.77	$5.00	96.3%	27.6%	76.3%	24.0%	95.8%	0.0%	-12.2%	57.9K	-4.5M	-13.7K	0.04	10.22	N/A	N/A	2,436	108	12,215	2,322
2021-02-25	$6.54	$5.00	102.0%	29.2%	77.4%	26.3%	105.2%	0.0%	-11.8%	57.3K	-4.4M	-14.7K	0.32	20.98	N/A	N/A	1,671	530	13,375	2,425
2021-02-26	$6.33	$5.00	94.9%	27.2%	78.9%	23.4%	96.5%	0.0%	-5.4%	59.9K	-4.0M	-14.7K	0.15	26.62	N/A	N/A	1,651	247	14,181	2,467