VET Options History — April 2021

In April 2021, VET traded between $6.48 and $7.56. ATM implied volatility averaged 76.7%, placing in the 28.5% IV rank vs the trailing year. The 30-day expected move averaged 22.3%. IV traded above realized volatility by 14.7% (HV 20d: 61.9%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.13.

Notable Days

  • 2021-04-14: Highest Volume — 7,791 contracts
  • 2021-04-29: Largest IV drop — 15.5% change
  • 2021-04-14: Highest IV Rank — 40.6%
  • 2021-04-14: Largest Expected Move — 25.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.00$6.48$7.56$7.52$7.43
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV76.7%61.1%90.5%69.8%61.1%
Expected Move22.3%17.5%25.9%20.0%17.5%
HV 20d61.9%43.8%87.1%87.1%51.3%
HV 60d76.3%73.1%78.8%78.0%73.6%
IV Rank28.5%15.5%40.6%17.1%18.5%
IV Percentile30.0%5.6%59.5%13.1%5.6%
Term Structure-1.6%-11.1%4.1%2.7%0.1%
VWIV77.9%61.1%90.5%69.6%61.1%
Skew 25d-7.7%-22.3%25.5%-16.8%25.5%
Skew 10d-2.0%-26.2%41.0%-5.9%41.0%
Call IV 25d76.7%49.9%91.0%78.9%49.9%
Put IV 25d69.0%53.4%87.1%62.1%75.3%
Bid-Ask Spread %32.3010.5269.7512.6265.78
Gamma HHI0.560.430.640.460.64
Net GEX106.1K57.5K187.4K75.3K187.4K
Net DEX-5.8M-8.9M-4.1M-5.3M-8.4M
Net VEX-23.9K-29.4K-17.1K-18.9K-28.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.130.000.500.080.02
Total Volume1,478.6192087,7914142,104
Total OI24,417.71419,19830,57619,19827,227

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$7.52$7.5069.8%20.0%87.1%17.1%69.6%-16.8%2.7%75.3K-5.3M-18.9K0.0812.62N/AN/A3833116,1023,096
2021-04-05$7.12$7.5078.9%22.2%86.7%21.7%77.9%-3.0%-3.5%65.8K-4.4M-17.3K0.2821.08N/AN/A1694716,1423,078
2021-04-06$7.06$7.5075.6%22.6%86.1%20.0%80.1%-22.3%-1.1%63.3K-4.1M-17.1K0.1111.58N/AN/A1872116,2433,132
2021-04-07$7.01$7.5066.7%22.6%85.8%15.5%78.2%-21.0%-1.4%63.8K-4.1M-17.1K0.0822.78N/AN/A2,87323216,3083,149
2021-04-08$6.92$7.5075.7%22.7%68.1%29.4%79.0%3.3%0.3%67.2K-4.6M-19.9K0.0620.55N/AN/A1,92212118,1223,367
2021-04-09$6.91$7.5073.9%22.8%67.9%28.1%79.5%3.2%-1.4%73.1K-4.9M-21.9K0.2928.78N/AN/A1,04029919,4973,463
2021-04-12$6.90$7.5080.0%23.9%66.3%32.7%83.2%-19.4%-2.6%76.9K-5.0M-22.5K0.0640.49N/AN/A1,0375920,1163,762
2021-04-13$6.82$7.5087.6%23.6%66.3%38.4%82.7%5.1%-0.4%57.5K-4.5M-21.7K0.4441.19N/AN/A78034020,1663,813
2021-04-14$7.28$7.5090.5%25.9%71.0%40.6%90.5%-20.5%-11.1%96.1K-5.9M-23.3K0.0211.63N/AN/A7,61717420,2413,797
2021-04-15$7.28$7.5086.0%24.7%66.8%37.3%86.0%-16.5%-6.0%159.1K-7.9M-29.4K0.1213.21N/AN/A1,22814526,3613,880
2021-04-16$7.02$7.5082.5%23.6%56.5%34.6%82.4%0.0%-2.5%125.0K-6.8M-28.5K0.2818.82N/AN/A53414726,6683,908
2021-04-19$6.86$7.5071.1%20.4%54.3%26.0%71.0%-6.0%4.1%129.8K-6.5M-27.2K0.0134.64N/AN/A2,0312822,6233,097
2021-04-20$6.48$7.5078.6%22.5%56.3%31.7%79.3%-19.7%-1.6%104.7K-5.2M-24.6K0.0856.55N/AN/A1,70114322,3933,105
2021-04-21$6.64$7.5080.1%23.0%50.1%32.8%80.4%-11.0%-2.2%105.9K-5.5M-25.3K0.1168.82N/AN/A3574022,1423,117
2021-04-22$6.57$7.5075.9%21.8%44.4%29.6%76.5%3.9%3.0%106.0K-5.4M-25.1K0.0513.45N/AN/A4452122,2303,127
2021-04-23$6.62$7.5072.4%20.7%43.8%26.9%72.4%-15.1%1.5%109.7K-5.5M-24.9K0.5032.78N/AN/A28414322,0393,136
2021-04-26$6.74$7.5079.8%22.9%44.2%32.5%79.8%-8.9%-1.2%114.4K-5.9M-25.5K0.0010.52N/AN/A767122,2033,269
2021-04-27$6.87$7.5075.8%21.7%44.6%29.6%75.6%-9.0%-0.8%128.6K-6.2M-26.5K0.0150.92N/AN/A384522,7973,269
2021-04-28$7.35$7.5080.1%23.0%51.2%32.8%80.2%-7.5%-6.8%143.4K-7.9M-28.0K0.0232.33N/AN/A1,1862822,7023,271
2021-04-29$7.56$7.5067.7%19.4%52.0%23.4%70.9%-5.5%-3.0%176.1K-8.9M-28.7K0.0669.75N/AN/A1,88311423,3653,249
2021-04-30$7.43$7.5061.1%17.5%51.3%18.5%61.1%25.5%0.1%187.4K-8.4M-28.1K0.0265.78N/AN/A2,0644023,9903,237