VET Options History — March 2022

In March 2022, VET traded between $18.89 and $23.43. ATM implied volatility averaged 70.1%, placing in the 60.7% IV rank vs the trailing year. The 30-day expected move averaged 21.1%. IV traded below realized volatility by 2.9% (HV 20d: 73.0%). Max pain ranged from $10.00 to $22.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 0.52.

Notable Days

2022-03-08: Highest Volume — 12,971 contracts
2022-03-07: Largest IV drop — 7.3% change
2022-03-04: Highest IV Rank — 73.0%
2022-03-08: Largest Expected Move — 24.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$21.11	$18.89	$23.43	$19.22	$21.09
Max Pain	$14.77	$10.00	$22.50	$10.00	$22.50
ATM IV	70.1%	62.7%	82.9%	79.7%	67.9%
Expected Move	21.1%	18.7%	24.5%	22.8%	20.2%
HV 20d	73.0%	48.5%	88.3%	49.4%	87.5%
HV 60d	61.1%	52.5%	65.8%	52.5%	65.5%
IV Rank	60.7%	50.2%	73.0%	68.2%	59.6%
IV Percentile	62.2%	32.5%	92.9%	88.9%	60.3%
Term Structure	0.5%	-12.4%	5.8%	-12.4%	1.2%
VWIV	74.0%	63.7%	85.9%	82.3%	70.9%
Skew 25d	0.7%	-4.0%	3.9%	3.9%	-0.1%
Skew 10d	4.2%	-4.7%	19.1%	11.7%	3.1%
Call IV 25d	70.0%	64.2%	81.1%	81.1%	70.0%
Put IV 25d	70.6%	65.4%	85.0%	85.0%	69.8%
Bid-Ask Spread %	28.83	11.04	52.04	47.82	43.86
Gamma HHI	0.28	0.20	0.45	0.20	0.33
Net GEX	380.3K	238.6K	663.6K	253.1K	663.6K
Net DEX	-48.8M	-60.0M	-37.2M	-43.5M	-55.5M
Net VEX	-138.7K	-232.3K	-98.1K	-98.1K	-232.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.52	0.06	1.79	0.30	0.09
Total Volume	5,384.043	2,079	12,971	5,018	8,817
Total OI	45,686	35,943	60,929	38,262	60,929

Daily Data (23 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
2022-03-01	$19.22	$10.00	79.7%	22.8%	49.4%	68.2%	82.3%	3.9%	-12.4%	253.1K	-43.5M	-98.1K	0.30	47.82	N/A	N/A	3,848	1,170	30,236	8,026
2022-03-02	$19.47	$10.00	78.7%	22.6%	48.5%	66.6%	78.9%	2.1%	-2.6%	290.0K	-44.8M	-101.8K	0.39	36.28	N/A	N/A	2,649	1,037	31,204	8,185
2022-03-03	$18.89	$10.00	81.5%	23.4%	50.5%	70.9%	77.8%	2.3%	-3.5%	282.1K	-42.1M	-103.0K	0.35	28.52	N/A	N/A	1,974	687	31,216	8,358
2022-03-04	$19.74	$10.00	82.9%	23.8%	51.8%	73.0%	85.9%	-2.4%	-2.4%	277.9K	-45.9M	-103.8K	0.37	11.04	N/A	N/A	3,550	1,330	31,315	8,560
2022-03-07	$21.94	$10.00	76.9%	22.0%	61.7%	63.9%	79.4%	2.9%	3.3%	268.3K	-53.9M	-125.7K	0.91	31.52	N/A	N/A	4,726	4,301	32,391	13,764
2022-03-08	$23.43	$10.00	73.9%	24.5%	62.5%	70.2%	82.0%	-4.0%	-1.9%	238.6K	-60.0M	-123.4K	0.94	35.89	N/A	N/A	6,681	6,290	32,409	14,134
2022-03-09	$21.55	$10.00	70.4%	23.3%	67.5%	64.1%	82.0%	3.0%	-3.3%	337.8K	-52.6M	-118.4K	1.11	13.19	N/A	N/A	2,963	3,297	33,691	11,255
2022-03-10	$22.77	$10.00	69.8%	22.7%	68.0%	62.9%	81.0%	1.5%	-1.9%	360.2K	-58.6M	-117.8K	0.61	14.65	N/A	N/A	1,397	854	33,936	11,223
2022-03-11	$22.53	$10.00	69.1%	21.9%	68.7%	61.7%	78.2%	-1.4%	-0.6%	367.8K	-57.4M	-118.1K	0.51	12.35	N/A	N/A	1,749	885	33,964	11,368
2022-03-14	$20.14	$12.50	70.2%	20.1%	78.0%	63.7%	69.8%	1.0%	-0.8%	311.1K	-44.6M	-115.7K	0.48	14.22	N/A	N/A	2,282	1,095	34,131	11,703
2022-03-15	$20.00	$12.50	69.7%	19.9%	77.2%	62.7%	69.8%	0.7%	-0.5%	305.5K	-44.1M	-120.3K	0.37	19.42	N/A	N/A	2,558	958	34,723	12,148
2022-03-16	$19.82	$12.50	65.3%	19.0%	77.3%	54.8%	67.0%	0.5%	1.2%	286.4K	-42.5M	-120.9K	0.62	16.69	N/A	N/A	1,287	792	34,874	12,347
2022-03-17	$20.62	$0.00	62.7%	18.7%	78.2%	50.2%	66.1%	0.3%	3.3%	324.5K	-45.7M	-120.5K	1.79	52.04	N/A	N/A	1,369	2,448	34,327	12,439
2022-03-18	$19.98	$17.50	63.5%	18.9%	79.5%	51.7%	63.7%	1.2%	2.8%	524.3K	-42.4M	-121.1K	1.12	29.49	N/A	N/A	2,151	2,417	34,741	12,477
2022-03-21	$21.43	$15.00	68.1%	20.2%	81.3%	59.9%	71.4%	2.3%	2.6%	253.3K	-37.2M	-125.2K	0.06	40.24	N/A	N/A	8,920	496	27,161	8,782
2022-03-22	$21.31	$15.00	68.5%	20.2%	81.1%	60.5%	70.7%	-0.2%	1.9%	407.1K	-43.9M	-155.6K	0.32	27.37	N/A	N/A	1,781	575	33,897	9,016
2022-03-23	$21.93	$20.00	64.3%	19.9%	81.3%	53.1%	71.0%	0.2%	5.2%	423.3K	-47.5M	-156.7K	0.20	26.56	N/A	N/A	2,910	569	34,222	9,269
2022-03-24	$22.07	$20.00	63.6%	20.1%	81.2%	51.7%	70.4%	0.3%	5.8%	461.3K	-49.8M	-163.3K	0.44	30.51	N/A	N/A	2,375	1,053	35,712	9,382
2022-03-25	$23.38	$22.50	64.0%	19.8%	82.8%	52.5%	70.0%	1.1%	3.8%	487.7K	-57.5M	-169.6K	0.18	27.29	N/A	N/A	4,830	889	36,389	9,623
2022-03-28	$21.64	$22.50	65.0%	19.6%	88.3%	54.2%	70.4%	0.5%	4.3%	487.2K	-49.0M	-172.0K	0.27	26.13	N/A	N/A	5,021	1,373	38,209	9,801
2022-03-29	$21.29	$20.00	67.9%	20.7%	88.3%	59.5%	71.6%	0.5%	4.0%	511.7K	-50.0M	-190.0K	0.26	37.71	N/A	N/A	8,670	2,296	41,262	10,444
2022-03-30	$21.36	$22.50	68.5%	20.3%	88.2%	60.6%	72.2%	-1.0%	1.5%	624.5K	-54.8M	-217.1K	0.22	40.38	N/A	N/A	5,333	1,180	46,195	11,340
2022-03-31	$21.09	$22.50	67.9%	20.2%	87.5%	59.6%	70.9%	-0.1%	1.2%	663.6K	-55.5M	-232.3K	0.09	43.86	N/A	N/A	8,069	748	49,106	11,823