VET Options History — July 2021

In July 2021, VET traded between $6.57 and $9.07. ATM implied volatility averaged 69.0%, placing in the 29.9% IV rank vs the trailing year. The 30-day expected move averaged 20.3%. IV traded above realized volatility by 13.8% (HV 20d: 55.2%). 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 2 of 21 days. Put/call ratio averaged 0.26.

Notable Days

  • 2021-07-19: Highest Volume — 2,373 contracts
  • 2021-07-13: Largest IV spike — 91.8% change
  • 2021-07-13: Highest IV Rank — 47.7%
  • 2021-07-20: Largest Expected Move — 22.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.54$6.57$9.07$9.07$7.16
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV69.0%45.9%88.1%64.5%72.2%
Expected Move20.3%15.3%22.2%18.5%20.7%
HV 20d55.2%46.9%57.9%52.8%54.5%
HV 60d55.5%53.5%57.8%53.5%55.9%
IV Rank29.9%9.5%47.7%21.7%34.3%
IV Percentile32.9%1.2%69.8%20.6%38.1%
Term Structure-4.5%-10.0%9.3%2.6%-6.6%
VWIV70.9%57.1%82.2%61.5%72.2%
Skew 25d-6.6%-27.7%8.8%-15.6%-3.7%
Skew 10d-4.5%-44.2%25.2%-10.4%-2.2%
Call IV 25d69.6%56.0%83.0%64.8%64.1%
Put IV 25d63.0%41.6%79.2%49.2%60.4%
Bid-Ask Spread %18.836.0744.318.757.95
Gamma HHI0.440.390.640.430.40
Net GEX136.6K64.8K286.9K178.8K93.3K
Net DEX-5.7M-11.5M-2.4M-11.5M-3.7M
Net VEX-22.7K-28.1K-18.1K-28.1K-21.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.260.011.180.010.34
Total Volume671.3331222,373267138
Total OI24,435.8122,24426,46224,38824,116

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$9.07$7.5064.5%18.5%52.8%21.7%61.5%-15.6%2.6%178.8K-11.5M-28.1K0.018.75N/AN/A265222,1262,262
2021-07-02$8.80$7.5053.3%15.3%52.2%13.3%57.1%-14.4%9.3%172.9K-10.6M-26.9K0.076.69N/AN/A3522522,1352,262
2021-07-06$8.40$7.5056.4%20.0%54.4%15.6%70.0%-4.4%-1.8%178.7K-9.3M-25.7K0.2535.23N/AN/A1,47236422,3032,285
2021-07-07$8.03$7.5060.3%19.5%56.6%18.6%68.6%-1.4%-1.5%184.6K-8.0M-24.3K0.2244.31N/AN/A1,36530222,1262,387
2021-07-08$7.92$7.5065.3%20.5%56.6%22.3%73.0%-9.3%-5.3%185.1K-7.4M-24.2K0.2230.93N/AN/A1122522,0582,672
2021-07-09$8.14$7.5064.1%19.8%57.3%21.4%69.6%6.9%-0.6%182.1K-8.3M-24.7K0.0929.60N/AN/A5565222,0932,693
2021-07-12$7.95$7.5045.9%20.3%57.5%9.5%71.2%-6.6%-3.4%194.7K-8.1M-23.3K1.1827.99N/AN/A17720822,4412,695
2021-07-13$7.83$7.5088.1%20.3%57.3%47.7%67.8%-11.9%-4.4%103.3K-7.9M-23.0K0.1029.97N/AN/A1,51015622,5052,888
2021-07-14$7.52$7.5068.3%19.6%55.4%30.6%69.3%-14.1%-2.8%286.9K-5.9M-22.6K0.4810.35N/AN/A52125122,8993,036
2021-07-15$7.36$7.5069.8%20.0%55.2%32.1%69.7%-14.1%-4.3%260.7K-5.0M-21.6K0.3216.80N/AN/A61919923,2893,173
2021-07-16$6.98$7.5069.2%19.8%52.9%31.5%69.3%-19.7%-4.7%77.5K-3.1M-19.4K0.508.57N/AN/A83842323,0743,323
2021-07-19$6.57$7.5077.3%22.2%55.6%39.1%82.2%-5.7%-8.1%64.8K-2.4M-18.1K0.5128.29N/AN/A1,57479918,9343,310
2021-07-20$6.71$7.5077.5%22.2%46.9%39.3%77.7%-27.7%-10.0%71.2K-2.7M-20.1K0.056.07N/AN/A3571919,4613,785
2021-07-21$7.20$7.5074.4%21.3%55.9%36.3%76.5%-16.9%-6.1%90.7K-3.9M-23.2K0.129.61N/AN/A3033619,7583,802
2021-07-22$7.12$7.5073.6%21.1%55.5%35.6%73.4%4.6%-7.0%90.5K-3.8M-22.7K0.278.24N/AN/A1133120,0083,807
2021-07-23$6.99$7.5074.0%21.2%55.0%36.0%74.0%0.5%-5.4%84.9K-3.4M-21.8K0.216.60N/AN/A1312819,9703,818
2021-07-26$7.26$7.5075.0%21.5%57.9%36.9%73.0%8.8%-8.8%93.7K-3.8M-22.3K0.0329.70N/AN/A119319,9703,818
2021-07-27$6.99$7.5074.9%21.5%56.0%36.8%72.4%-2.0%-8.6%85.4K-3.2M-20.6K0.029.03N/AN/A237420,0493,830
2021-07-28$7.14$7.5072.5%20.8%56.5%34.6%72.6%2.1%-8.3%91.9K-3.6M-21.3K0.068.42N/AN/A140920,0703,833
2021-07-29$7.27$7.5073.3%21.0%57.3%35.3%67.2%6.0%-9.4%97.8K-4.0M-21.9K0.3832.42N/AN/A1917220,2533,835
2021-07-30$7.16$7.5072.2%20.7%54.5%34.3%72.2%-3.7%-6.6%93.3K-3.7M-21.4K0.347.95N/AN/A1033520,2783,838