VET Options History — June 2023

In June 2023, VET traded between $11.11 and $12.54. ATM implied volatility averaged 42.5%, placing in the 5.6% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded below realized volatility by 4.7% (HV 20d: 47.2%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.32.

Notable Days

  • 2023-06-15: Highest Volume — 2,269 contracts
  • 2023-06-12: Largest IV spike — 25.1% change
  • 2023-06-01: Highest IV Rank — 27.8%
  • 2023-06-01: Largest Expected Move — 15.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.09$11.11$12.54$11.11$12.50
Max Pain$10.95$10.00$12.50$12.50$10.00
ATM IV42.5%36.6%55.0%55.0%36.6%
Expected Move11.8%10.5%15.8%15.8%10.5%
HV 20d47.2%41.8%51.9%45.2%46.5%
HV 60d46.1%43.9%47.5%44.8%46.0%
IV Rank5.6%0.0%27.8%27.8%0.0%
IV Percentile4.7%0.0%27.8%27.8%0.0%
Term Structure4.9%-5.6%8.1%-5.6%7.2%
VWIV40.2%36.6%44.8%36.7%36.6%
Skew 25d13.1%-2.0%77.8%-1.0%3.7%
Skew 10d24.2%0.7%116.1%9.8%5.4%
Call IV 25d34.7%28.7%50.8%50.8%30.4%
Put IV 25d47.9%31.7%113.4%49.8%34.1%
Bid-Ask Spread %10.315.2439.379.646.51
Gamma HHI0.250.170.600.170.22
Net GEX407.3K202.2K1.1M202.2K412.1K
Net DEX-11.2M-14.6M-5.0M-5.0M-14.6M
Net VEX-190.0K-201.0K-174.0K-174.0K-193.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.320.011.370.080.05
Total Volume1,105.0482372,2691,0661,706
Total OI87,78477,95095,02791,71281,415

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$11.11$12.5055.0%15.8%45.2%27.8%36.7%-1.0%-5.6%202.2K-5.0M-174.0K0.089.64N/AN/A9897772,89318,819
2023-06-02$11.71$12.5041.8%12.0%46.9%2.5%42.0%16.9%1.7%306.4K-9.4M-192.0K0.166.21N/AN/A81912773,80918,793
2023-06-05$11.89$12.5044.3%12.7%42.8%7.3%44.8%16.1%2.9%342.0K-10.4M-193.3K1.2439.37N/AN/A39949673,92118,711
2023-06-06$11.86$12.5042.4%11.7%42.7%3.8%41.4%14.1%5.9%352.7K-9.8M-189.9K0.017.65N/AN/A438574,03518,800
2023-06-07$12.23$12.5041.7%11.8%44.2%2.3%41.1%18.4%4.6%415.7K-12.6M-200.4K1.3710.88N/AN/A28739273,71918,797
2023-06-08$12.14$12.5043.7%11.0%43.5%6.2%38.5%15.1%6.9%394.5K-11.4M-196.5K0.0511.74N/AN/A2971673,91319,133
2023-06-09$12.46$12.5041.5%11.5%41.8%2.1%40.2%15.7%4.4%449.7K-13.8M-201.0K0.206.16N/AN/A82716673,97319,139
2023-06-12$11.71$12.5052.0%11.7%47.7%22.0%42.6%8.0%5.0%347.4K-8.6M-186.5K0.088.92N/AN/A1,1209074,72719,236
2023-06-13$12.05$10.0052.2%11.7%48.8%22.4%42.1%9.9%4.3%442.9K-11.2M-190.3K0.077.46N/AN/A1,66911675,22719,307
2023-06-14$11.86$10.0040.9%11.7%47.4%0.9%41.5%10.3%5.1%372.7K-8.5M-184.0K0.2810.90N/AN/A1,58344975,64319,340
2023-06-15$12.34$10.0041.6%11.9%48.1%2.3%39.7%14.0%4.4%617.2K-12.7M-195.5K0.066.34N/AN/A2,13513475,14519,676
2023-06-16$12.41$10.0039.8%11.4%48.0%0.0%39.9%15.0%5.6%1.1M-12.4M-195.2K0.515.88N/AN/A34117375,37319,654
2023-06-20$12.25$10.0039.9%11.4%48.2%0.2%39.0%12.4%6.2%322.8K-11.4M-187.0K0.145.73N/AN/A83311362,75615,194
2023-06-21$12.54$10.0038.5%11.0%48.8%0.0%37.0%4.0%5.9%355.5K-13.6M-194.2K0.2924.39N/AN/A75421763,33615,303
2023-06-22$12.07$10.0038.4%11.0%50.6%0.0%38.4%-2.0%6.0%331.8K-10.7M-185.0K0.056.53N/AN/A1,3366163,69615,362
2023-06-23$11.68$10.0041.1%11.8%51.9%5.0%42.2%7.4%5.5%301.9K-8.5M-174.1K0.4115.38N/AN/A45118364,78615,383
2023-06-26$12.25$10.0040.1%11.5%51.2%3.1%40.1%17.6%7.2%363.3K-12.5M-190.4K0.187.76N/AN/A1,41125365,04615,465
2023-06-27$12.20$10.0040.1%11.5%51.2%3.1%39.7%0.5%6.7%359.8K-11.6M-185.6K0.797.43N/AN/A86968665,81815,426
2023-06-28$12.25$10.0042.1%12.1%48.1%6.8%42.1%77.8%5.3%366.3K-12.3M-187.2K0.186.46N/AN/A80714465,86315,395
2023-06-29$12.39$10.0038.9%11.2%47.0%0.9%38.8%1.8%8.1%401.3K-14.1M-194.0K0.505.24N/AN/A1587965,94515,492
2023-06-30$12.50$10.0036.6%10.5%46.5%0.0%36.6%3.7%7.2%412.1K-14.6M-193.9K0.056.51N/AN/A1,6277965,95015,465