VET Options History — May 2021

In May 2021, VET traded between $7.24 and $8.15. ATM implied volatility averaged 58.5%, placing in the 16.5% IV rank vs the trailing year. The 30-day expected move averaged 16.8%. IV traded above realized volatility by 4.3% (HV 20d: 54.2%). Max pain ranged from $2.50 to $7.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.18.

Notable Days

  • 2021-05-27: Highest Volume — 4,499 contracts
  • 2021-05-27: Largest IV spike — 17.3% change
  • 2021-05-17: Highest IV Rank — 21.4%
  • 2021-05-17: Largest Expected Move — 18.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.67$7.24$8.15$7.69$7.68
Max Pain$3.25$2.50$7.50$7.50$2.50
ATM IV58.5%49.1%65.0%62.4%53.1%
Expected Move16.8%14.1%18.6%17.9%15.2%
HV 20d54.2%48.6%60.1%48.6%55.5%
HV 60d70.5%65.5%74.0%73.8%65.5%
IV Rank16.5%9.3%21.4%19.4%12.4%
IV Percentile5.9%1.6%12.7%6.7%3.6%
Term Structure4.7%-3.2%9.4%3.2%8.6%
VWIV59.4%49.1%69.6%62.2%53.8%
Skew 25d11.7%-11.0%46.8%46.8%-8.2%
Skew 10d21.1%-17.7%88.0%83.6%-3.9%
Call IV 25d58.7%41.5%70.2%49.5%70.2%
Put IV 25d70.4%53.2%96.3%96.3%62.1%
Bid-Ask Spread %16.837.2355.5233.6814.69
Gamma HHI0.610.450.900.590.55
Net GEX213.9K96.2K738.4K185.0K152.7K
Net DEX-8.3M-11.1M-5.5M-8.9M-8.4M
Net VEX-24.3K-28.4K-19.9K-28.4K-25.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.180.000.420.150.13
Total Volume1,047.952184,4995131,218
Total OI25,818.422,34026,92926,80726,657

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$7.69$7.5062.4%17.9%48.6%19.4%62.2%46.8%3.2%185.0K-8.9M-28.4K0.1533.68N/AN/A4476623,5733,234
2021-05-04$7.53$7.5063.5%18.2%49.2%20.3%63.8%24.9%-3.2%181.3K-8.4M-27.7K0.0935.82N/AN/A5164823,5723,228
2021-05-05$7.84$7.5061.0%17.5%50.7%18.3%61.1%40.4%3.1%196.2K-9.8M-28.2K0.1513.17N/AN/A92713623,6873,211
2021-05-06$7.73$2.5063.5%17.8%50.8%20.3%69.6%7.6%5.2%193.2K-9.1M-27.5K0.0355.52N/AN/A6271623,4663,214
2021-05-07$7.94$2.5055.6%17.3%51.3%14.3%60.9%10.3%7.3%210.7K-10.0M-27.2K0.2313.52N/AN/A54412423,5713,209
2021-05-10$7.86$2.5059.9%17.4%51.5%17.5%60.9%12.7%4.8%207.3K-9.7M-26.7K0.3319.66N/AN/A53517523,4653,306
2021-05-11$7.62$2.5061.7%17.3%52.9%18.9%60.4%-2.5%9.4%204.4K-8.3M-26.2K0.277.29N/AN/A2165923,4033,335
2021-05-12$7.91$2.5063.2%18.1%49.5%20.0%64.1%-5.3%4.2%211.2K-9.9M-26.2K0.1017.00N/AN/A1,17111723,3483,379
2021-05-13$7.39$2.5062.8%18.0%55.8%19.7%63.0%-11.0%3.0%204.5K-7.3M-24.0K0.417.23N/AN/A36415123,1603,356
2021-05-14$7.74$2.5060.4%17.3%56.2%17.9%64.5%-7.3%7.9%236.5K-8.9M-24.9K0.3816.72N/AN/A1586023,1183,438
2021-05-17$8.15$2.5065.0%18.6%57.5%21.4%64.7%9.0%-0.4%153.1K-11.1M-24.2K0.0312.39N/AN/A8002023,1333,469
2021-05-18$7.99$2.5056.6%16.2%53.2%15.1%58.1%-9.9%7.2%196.6K-10.5M-24.5K0.0113.10N/AN/A3,9273923,4773,452
2021-05-19$7.57$2.5057.8%16.6%57.6%16.0%58.2%-8.3%6.2%229.6K-7.5M-21.6K0.338.78N/AN/A40813422,1113,449
2021-05-20$7.49$2.5057.9%16.6%57.6%16.0%56.5%36.8%1.1%364.6K-6.9M-20.9K0.2110.54N/AN/A52410822,2083,469
2021-05-21$7.51$2.5052.8%15.1%57.6%12.1%52.9%-10.3%6.0%738.4K-7.2M-20.9K0.0912.03N/AN/A8147722,4963,557
2021-05-24$7.58$2.5049.1%14.1%57.5%9.3%49.1%40.6%5.5%107.8K-6.4M-20.6K0.429.89N/AN/A44818819,2773,063
2021-05-25$7.24$2.5056.7%16.3%60.1%15.1%56.7%3.7%1.5%96.2K-5.5M-19.9K0.097.90N/AN/A4764319,5663,200
2021-05-26$7.37$2.5049.7%14.2%55.3%9.8%49.4%42.5%8.8%101.1K-5.8M-20.4K0.1215.55N/AN/A6938619,7883,265
2021-05-27$7.63$2.5058.2%16.7%55.8%16.3%58.3%20.7%3.6%108.8K-6.8M-21.7K0.0012.02N/AN/A4,496320,1353,323
2021-05-28$7.68$2.5053.1%15.2%55.5%12.4%53.8%-8.2%8.6%152.7K-8.4M-25.0K0.1314.69N/AN/A1,07514323,3343,323