VET Options History — August 2021

In August 2021, VET traded between $5.68 and $7.41. ATM implied volatility averaged 66.0%, placing in the 28.5% IV rank vs the trailing year. The 30-day expected move averaged 18.1%. IV traded above realized volatility by 5.2% (HV 20d: 60.8%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.15.

Notable Days

  • 2021-08-19: Highest Volume — 5,414 contracts
  • 2021-08-19: Largest IV spike — 34.0% change
  • 2021-08-09: Highest IV Rank — 46.5%
  • 2021-08-04: Largest Expected Move — 21.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.69$5.68$7.41$7.09$6.66
Max Pain$5.34$5.00$7.50$7.50$5.00
ATM IV66.0%50.6%85.2%73.2%56.8%
Expected Move18.1%14.5%21.1%21.0%16.3%
HV 20d60.8%54.0%68.4%54.0%67.0%
HV 60d57.2%53.9%60.3%55.9%58.1%
IV Rank28.5%14.1%46.5%35.3%20.0%
IV Percentile27.2%3.6%67.1%41.3%8.7%
Term Structure-0.1%-10.7%21.1%-10.7%7.8%
VWIV66.0%56.1%73.8%73.1%57.5%
Skew 25d-9.6%-29.8%43.8%-5.2%43.8%
Skew 10d-8.3%-31.2%69.6%-4.3%69.6%
Call IV 25d68.8%60.1%111.5%67.7%69.6%
Put IV 25d59.2%38.7%113.4%62.5%113.4%
Bid-Ask Spread %13.674.3253.069.784.57
Gamma HHI0.410.300.450.410.43
Net GEX82.3K22.3K112.4K91.7K95.8K
Net DEX-2.7M-4.2M-789.4K-3.4M-2.8M
Net VEX-18.6K-21.9K-11.8K-20.3K-20.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.150.000.610.040.21
Total Volume800.318365,414242147
Total OI26,272.13624,10829,34924,10829,349

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$7.09$7.5073.2%21.0%54.0%35.3%73.1%-5.2%-10.7%91.7K-3.4M-20.3K0.049.78N/AN/A2321020,2393,869
2021-08-03$7.35$7.5073.7%21.1%54.7%35.7%73.7%13.0%-8.8%102.8K-4.2M-21.7K0.009.57N/AN/A344020,2913,901
2021-08-04$6.88$7.5073.7%21.1%57.1%35.7%73.8%-11.2%-7.8%83.4K-2.9M-18.9K0.1611.99N/AN/A1181920,3323,907
2021-08-05$7.01$5.0076.2%18.8%57.9%38.0%66.9%-17.6%-1.7%92.9K-3.3M-19.4K0.007.48N/AN/A1,202220,5683,907
2021-08-06$7.08$5.0077.0%18.3%56.8%38.8%69.4%-16.3%-0.1%95.5K-3.3M-19.3K0.1310.20N/AN/A32420,5933,921
2021-08-09$6.92$5.0085.2%18.6%56.8%46.5%65.0%-19.6%-1.8%89.5K-2.9M-18.8K0.246.96N/AN/A1794320,9153,921
2021-08-10$7.32$5.0083.0%18.3%60.9%44.4%69.1%7.1%-1.2%107.9K-4.0M-20.5K0.0816.23N/AN/A2652020,9123,924
2021-08-11$7.41$5.0064.6%18.5%59.5%27.3%67.1%-9.6%-0.3%112.4K-4.2M-20.6K0.098.83N/AN/A3553320,9983,961
2021-08-12$7.29$5.0064.2%18.4%59.3%26.8%65.3%-12.7%-1.6%106.9K-3.9M-20.0K0.087.31N/AN/A1951620,9773,980
2021-08-13$7.11$5.0063.0%18.1%56.8%25.7%64.5%-16.0%1.4%100.9K-3.3M-18.7K0.268.80N/AN/A1925021,2464,000
2021-08-16$6.60$5.0062.8%18.0%59.0%25.6%62.1%-11.8%-1.6%66.6K-1.8M-15.2K0.0211.05N/AN/A2,2913921,3004,116
2021-08-17$6.21$5.0053.7%15.4%62.2%17.0%68.2%-25.9%-4.3%51.4K-1.2M-13.9K0.159.09N/AN/A98714621,4614,141
2021-08-18$6.06$5.0050.6%14.5%56.0%14.1%67.7%-29.8%-1.2%47.5K-1.2M-14.1K0.0753.06N/AN/A3542522,0404,146
2021-08-19$5.68$5.0067.8%19.4%59.4%30.2%67.2%-9.3%-0.2%36.1K-789.4K-13.1K0.0450.15N/AN/A5,20121322,2104,272
2021-08-20$5.76$5.0056.3%16.1%60.0%19.4%72.8%-16.2%21.1%22.3K-907.5K-11.8K0.0413.63N/AN/A1,3494922,3194,198
2021-08-23$6.23$5.0056.6%16.2%65.8%19.7%63.1%-17.7%-2.6%68.7K-2.4M-18.9K0.014.32N/AN/A1,4341324,1523,718
2021-08-24$6.44$5.0060.7%17.4%66.3%23.5%62.6%-10.9%4.5%82.4K-2.8M-20.4K0.0016.36N/AN/A583124,8253,743
2021-08-25$6.41$5.0061.8%17.7%65.6%24.6%59.4%-10.5%2.9%82.7K-2.6M-20.2K0.2317.22N/AN/A1353124,9913,750
2021-08-26$6.32$5.0062.3%17.9%65.0%25.1%60.7%-17.1%3.9%77.3K-2.4M-19.5K0.614.77N/AN/A704325,1543,750
2021-08-27$6.67$5.0060.6%17.4%68.4%23.5%56.1%-11.2%2.6%100.2K-3.2M-21.9K0.619.73N/AN/A52131825,1953,756
2021-08-30$6.60$5.0067.9%19.5%68.4%30.3%66.7%-7.2%-3.5%96.4K-2.9M-20.6K0.189.70N/AN/A2935325,2713,768
2021-08-31$6.66$5.0056.8%16.3%67.0%20.0%57.5%43.8%7.8%95.8K-2.8M-20.4K0.214.57N/AN/A1212625,2984,051