VET Options History — May 2022

In May 2022, VET traded between $17.77 and $21.90. ATM implied volatility averaged 79.4%, placing in the 68.6% IV rank vs the trailing year. The 30-day expected move averaged 22.1%. IV traded below realized volatility by 0.1% (HV 20d: 79.5%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.66.

Notable Days

  • 2022-05-09: Highest Volume — 12,700 contracts
  • 2022-05-09: Largest IV spike — 20.4% change
  • 2022-05-02: Highest IV Rank — 100.0%
  • 2022-05-11: Largest Expected Move — 26.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.11$17.77$21.90$19.36$21.50
Max Pain$17.86$17.50$20.00$20.00$17.50
ATM IV79.4%61.8%104.8%89.9%66.3%
Expected Move22.1%17.7%26.0%25.8%19.0%
HV 20d79.5%60.1%88.1%60.1%86.5%
HV 60d74.2%67.4%78.4%67.4%77.7%
IV Rank68.6%38.7%100.0%100.0%45.0%
IV Percentile79.0%22.2%100.0%100.0%47.2%
Term Structure-2.6%-12.4%3.1%-8.3%-2.8%
VWIV76.5%60.5%90.6%90.6%67.0%
Skew 25d1.0%-4.9%4.2%-1.2%4.2%
Skew 10d0.5%-7.5%9.8%-5.5%-7.5%
Call IV 25d77.9%63.4%92.1%90.7%65.9%
Put IV 25d78.9%63.6%90.1%89.5%70.0%
Bid-Ask Spread %30.8417.4741.6727.2929.98
Gamma HHI0.270.220.310.290.27
Net GEX980.9K718.7K1.3M855.2K1.0M
Net DEX-68.1M-88.2M-44.6M-55.6M-79.9M
Net VEX-327.3K-356.7K-303.3K-321.0K-318.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.301.510.450.54
Total Volume7,055.1434,41012,7007,3286,351
Total OI99,707.33386,751110,26395,91089,085

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$19.36$20.0089.9%25.8%60.1%100.0%90.6%-1.2%-8.3%855.2K-55.6M-321.0K0.4527.29N/AN/A5,0552,27376,25819,652
2022-05-03$20.75$20.0086.9%24.9%64.4%94.4%88.4%-2.1%-7.9%1.0M-73.7M-348.1K0.5525.55N/AN/A5,1802,85978,30119,675
2022-05-04$21.76$20.0085.1%24.4%65.9%91.2%86.1%1.4%-5.8%1.1M-88.2M-356.7K0.9617.47N/AN/A2,8092,68679,13419,485
2022-05-05$20.90$17.5084.9%22.2%63.4%90.8%83.5%-0.1%-5.5%1.1M-77.7M-343.1K0.6938.35N/AN/A4,0662,80779,34919,643
2022-05-06$21.22$17.5087.0%22.6%62.6%94.8%81.8%3.2%-6.2%1.1M-83.5M-354.4K0.8541.35N/AN/A3,4362,92279,86519,857
2022-05-09$18.23$17.50104.8%25.2%82.0%100.0%85.4%-0.8%-5.1%718.7K-49.3M-303.3K0.4334.33N/AN/A8,9083,79281,05419,923
2022-05-10$18.37$17.50103.8%25.1%81.7%98.5%81.9%3.5%-6.0%813.8K-53.2M-322.9K0.7235.14N/AN/A3,8732,77985,39421,015
2022-05-11$18.44$17.5090.6%26.0%81.7%79.8%84.2%-4.9%-12.4%850.3K-54.8M-325.7K0.6029.42N/AN/A4,0842,47186,30720,975
2022-05-12$17.77$17.5082.6%23.7%80.7%68.3%82.8%-0.6%-1.5%726.0K-44.6M-310.6K0.4241.67N/AN/A7,8643,30087,90621,550
2022-05-13$19.14$17.5084.2%24.1%86.0%70.6%78.2%1.8%-4.7%1.0M-60.4M-334.5K0.9538.34N/AN/A2,7152,56788,61321,650
2022-05-16$20.26$17.5076.2%21.8%85.9%59.2%79.3%-0.8%3.1%1.3M-74.8M-342.9K0.4029.43N/AN/A6,8322,72388,78021,330
2022-05-17$20.56$17.5073.8%21.1%85.8%55.7%73.0%3.6%1.7%1.3M-75.5M-332.1K0.3026.29N/AN/A7,1262,11486,26421,431
2022-05-18$19.36$17.5074.9%21.5%87.7%57.4%74.2%0.9%0.8%975.9K-58.8M-318.8K0.5329.53N/AN/A4,0462,14585,49021,445
2022-05-19$19.70$17.5074.3%21.3%84.0%56.4%71.0%0.1%1.0%1.1M-61.3M-317.3K0.6341.31N/AN/A3,4822,19785,51721,457
2022-05-20$19.32$17.5070.7%20.3%83.0%51.4%69.4%0.9%0.9%792.3K-54.5M-308.1K0.6540.01N/AN/A3,7092,41285,51421,096
2022-05-23$20.36$17.5070.3%20.2%83.2%50.8%69.7%1.8%0.6%889.8K-69.4M-318.7K0.7917.97N/AN/A3,1262,48271,02115,730
2022-05-24$19.94$17.5069.8%20.0%83.3%50.0%70.2%3.3%-0.5%865.3K-64.4M-310.9K1.5133.63N/AN/A1,7552,65571,48616,340
2022-05-25$21.64$17.5065.4%18.8%88.1%43.8%65.7%4.1%2.1%989.6K-82.7M-328.1K0.3925.83N/AN/A5,8342,28571,80217,044
2022-05-26$21.84$17.5065.0%18.6%87.8%43.2%63.9%2.7%1.0%990.6K-83.4M-333.5K0.5522.60N/AN/A3,8892,13071,41917,094
2022-05-27$21.90$17.5061.8%17.7%86.2%38.7%60.5%0.2%0.9%1.0M-84.5M-324.2K0.9522.18N/AN/A2,2702,14971,75017,153
2022-05-31$21.50$17.5066.3%19.0%86.5%45.0%67.0%4.2%-2.8%1.0M-79.9M-318.2K0.5429.98N/AN/A4,1222,22971,72417,361