VET Options History — February 2023

In February 2023, VET traded between $12.95 and $14.95. ATM implied volatility averaged 59.7%, placing in the 25.2% IV rank vs the trailing year. The 30-day expected move averaged 17.7%. IV traded above realized volatility by 20.3% (HV 20d: 39.4%). Max pain ranged from $15.00 to $15.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 0.54.

Notable Days

  • 2023-02-10: Highest Volume — 5,755 contracts
  • 2023-02-08: Largest IV spike — 22.9% change
  • 2023-02-27: Highest IV Rank — 44.2%
  • 2023-02-27: Largest Expected Move — 20.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.07$12.95$14.95$14.95$13.46
Max Pain$15.00$15.00$15.00$15.00$15.00
ATM IV59.7%46.7%71.2%48.9%70.4%
Expected Move17.7%14.0%20.4%14.0%20.2%
HV 20d39.4%32.5%44.8%32.5%43.3%
HV 60d51.8%49.0%57.1%57.0%49.9%
IV Rank25.2%3.6%44.2%7.2%42.9%
IV Percentile25.2%0.4%59.5%2.0%56.7%
Term Structure-5.3%-10.7%7.1%7.1%-10.7%
VWIV59.9%45.4%68.1%45.4%68.1%
Skew 25d4.8%-0.9%8.0%6.0%-0.9%
Skew 10d1.1%-20.5%15.5%9.1%-20.5%
Call IV 25d59.2%37.3%68.0%37.3%68.0%
Put IV 25d63.9%43.3%70.4%43.3%67.1%
Bid-Ask Spread %24.424.8853.307.7334.13
Gamma HHI0.220.180.310.250.19
Net GEX203.0K-48.8K369.9K297.1K306.4K
Net DEX-10.1M-17.0M-561.7K-17.0M-9.7M
Net VEX-261.4K-280.9K-233.3K-277.5K-249.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.082.170.940.20
Total Volume2,571.1581,0125,7554,5081,825
Total OI102,880.15895,498110,73495,498101,443

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$14.95$15.0048.9%14.0%32.5%7.2%45.4%6.0%7.1%297.1K-17.0M-277.5K0.947.73N/AN/A2,3272,18174,51220,986
2023-02-02$14.32$15.0050.8%16.6%35.6%10.4%58.6%2.4%-4.2%181.5K-10.8M-264.4K0.4753.30N/AN/A2,8391,33775,96722,655
2023-02-03$14.25$15.0046.7%16.1%35.6%3.6%57.7%3.1%-1.6%133.1K-10.0M-262.3K0.4428.71N/AN/A1,97787676,89523,695
2023-02-06$13.93$15.0049.4%16.8%36.3%8.0%54.1%2.1%-4.7%127.2K-7.1M-251.3K2.1720.48N/AN/A7841,70278,11623,770
2023-02-07$14.59$15.0048.4%16.8%40.2%6.3%59.0%6.4%-4.6%129.6K-12.9M-270.2K0.8729.12N/AN/A76766978,41223,970
2023-02-08$14.59$15.0059.5%17.0%39.1%24.7%59.2%4.8%-4.6%118.3K-13.4M-270.7K0.1015.51N/AN/A1,34712878,76723,934
2023-02-09$14.25$15.0059.7%17.1%37.4%25.1%60.1%4.1%-5.1%140.2K-10.6M-263.4K0.1815.13N/AN/A1,78731379,45523,945
2023-02-10$14.79$15.0059.1%17.0%39.6%24.2%58.8%5.7%-4.3%116.2K-15.7M-278.7K1.506.38N/AN/A2,2983,45780,64224,197
2023-02-13$14.57$15.0060.3%17.3%39.7%26.2%60.3%6.6%-6.2%70.6K-11.4M-280.9K0.1423.88N/AN/A92312981,17126,335
2023-02-14$14.70$15.0058.5%16.8%39.9%23.1%58.6%6.5%-4.0%-48.8K-11.6M-279.4K0.148.78N/AN/A1,01914081,70226,436
2023-02-15$14.34$15.0059.4%17.0%39.8%24.5%58.7%4.5%-4.0%117.0K-8.8M-272.3K0.2619.22N/AN/A1,22431882,23326,230
2023-02-16$14.09$15.0061.7%17.7%37.9%28.4%60.6%4.7%-7.3%369.9K-5.8M-265.0K0.9025.96N/AN/A2,0181,80882,99126,376
2023-02-17$13.36$15.0064.0%18.3%41.1%32.2%61.0%7.8%-5.8%280.5K-561.7K-244.7K0.4335.98N/AN/A1,84178483,41027,324
2023-02-21$13.18$15.0068.0%19.5%40.2%38.8%64.4%8.0%-8.5%265.0K-6.3M-237.5K0.5247.14N/AN/A2,0711,07076,51321,959
2023-02-22$12.95$15.0067.0%19.2%39.1%37.2%62.6%5.7%-8.7%258.1K-5.9M-233.3K0.324.88N/AN/A3,9121,26477,64921,907
2023-02-23$13.66$15.0066.1%19.0%44.8%35.7%62.2%5.0%-9.2%317.8K-10.6M-253.6K0.1735.42N/AN/A1,26521277,70322,075
2023-02-24$13.68$15.0065.9%18.9%43.6%35.4%62.5%3.6%-4.7%336.3K-11.7M-255.9K0.0826.67N/AN/A1,1398978,27422,178
2023-02-27$13.68$15.0071.2%20.4%43.6%44.2%65.9%4.9%-10.2%340.5K-11.5M-255.6K0.3925.56N/AN/A72928378,70222,194
2023-02-28$13.46$15.0070.4%20.2%43.3%42.9%68.1%-0.9%-10.7%306.4K-9.7M-249.2K0.2034.13N/AN/A1,51930679,02922,414