VET Options History — July 2023

In July 2023, VET traded between $12.09 and $13.95. ATM implied volatility averaged 45.3%, placing in the 15.5% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded below realized volatility by 0.1% (HV 20d: 45.4%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.55.

Notable Days

  • 2023-07-07: Highest Volume — 4,254 contracts
  • 2023-07-11: Largest IV spike — 7.8% change
  • 2023-07-26: Highest IV Rank — 23.3%
  • 2023-07-26: Largest Expected Move — 14.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.17$12.09$13.95$12.59$13.95
Max Pain$12.25$10.00$12.50$10.00$12.50
ATM IV45.3%37.8%49.7%37.8%47.7%
Expected Move13.3%10.8%14.2%10.8%13.7%
HV 20d45.4%41.7%49.7%43.1%44.5%
HV 60d47.7%44.9%49.5%45.9%45.0%
IV Rank15.5%2.2%23.3%2.2%19.9%
IV Percentile14.1%0.4%28.2%0.4%20.2%
Term Structure-1.2%-4.9%6.3%6.3%-4.9%
VWIV45.4%37.4%50.7%37.4%50.7%
Skew 25d2.9%-7.5%8.7%4.0%8.7%
Skew 10d9.6%-9.4%31.6%6.9%18.4%
Call IV 25d43.5%31.7%47.7%31.7%46.5%
Put IV 25d46.4%35.7%55.2%35.7%55.2%
Bid-Ask Spread %18.515.8353.687.768.74
Gamma HHI0.240.210.280.220.28
Net GEX533.1K399.7K618.2K452.0K602.9K
Net DEX-22.0M-28.0M-11.7M-15.8M-27.3M
Net VEX-212.2K-229.7K-180.2K-197.3K-225.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.032.490.520.29
Total Volume1,216.052324,2542321,023
Total OI87,123.8582,69090,36982,69090,369

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$12.59$10.0037.8%10.8%43.1%2.2%37.4%4.0%6.3%452.0K-15.8M-197.3K0.527.76N/AN/A1537967,35615,334
2023-07-05$12.48$10.0038.3%11.0%43.1%3.0%39.2%1.7%5.1%449.7K-15.0M-195.0K1.135.83N/AN/A27831467,45415,372
2023-07-06$12.09$12.5038.4%13.2%44.7%3.3%44.0%6.7%-1.1%399.7K-11.7M-180.2K0.2610.50N/AN/A44311767,54315,534
2023-07-07$12.91$12.5040.5%13.5%49.3%6.9%46.7%4.6%-1.7%487.4K-18.8M-202.8K0.0514.32N/AN/A4,05819667,74915,254
2023-07-10$13.14$12.5041.2%13.5%49.4%8.2%46.6%5.0%-0.8%549.1K-22.9M-218.3K0.037.16N/AN/A2,9569470,47815,267
2023-07-11$13.55$12.5044.4%13.6%49.7%14.0%44.5%4.0%-1.8%601.1K-27.1M-228.1K0.2725.39N/AN/A83022171,85915,270
2023-07-12$13.64$12.5047.2%13.5%43.1%18.9%43.1%7.1%-1.9%562.5K-28.0M-229.7K0.348.59N/AN/A97333072,24015,420
2023-07-13$13.54$12.5047.6%13.6%42.7%19.6%45.2%6.0%-1.1%618.2K-26.6M-223.5K1.528.38N/AN/A27141172,31315,233
2023-07-14$12.77$12.5044.5%12.8%47.9%14.2%43.9%-3.1%0.6%559.5K-19.4M-206.3K0.7324.00N/AN/A41229972,29315,463
2023-07-17$12.66$12.5046.6%13.4%46.2%17.8%45.0%-7.5%-1.6%558.6K-18.4M-202.9K0.217.62N/AN/A56011672,39115,782
2023-07-18$13.18$12.5047.7%13.7%48.2%19.8%46.6%0.8%-1.6%571.2K-23.3M-216.1K0.168.40N/AN/A75812472,28215,876
2023-07-19$12.96$12.5047.4%13.6%48.4%19.3%46.8%-1.4%-2.2%539.5K-21.5M-208.6K0.398.88N/AN/A42316772,53315,878
2023-07-20$13.14$12.5047.1%13.5%47.9%18.8%45.4%7.9%-2.2%515.7K-22.9M-208.2K0.718.40N/AN/A89563372,77915,904
2023-07-21$13.39$12.5048.4%13.9%45.8%21.0%47.6%3.0%-2.0%512.2K-24.9M-217.3K0.1848.65N/AN/A1,39324473,08616,444
2023-07-24$13.66$12.5049.0%14.1%43.8%22.2%45.7%4.9%-4.4%554.0K-24.8M-221.4K0.5426.01N/AN/A50927470,65416,162
2023-07-25$13.46$12.5048.5%13.9%41.8%21.3%47.3%2.4%-2.7%536.2K-23.2M-214.5K0.6938.90N/AN/A45331370,95316,285
2023-07-26$13.53$12.5049.7%14.2%41.7%23.3%49.3%4.8%-3.6%544.6K-23.6M-217.0K2.4953.68N/AN/A6521,62371,25016,542
2023-07-27$13.20$12.5046.3%13.3%43.0%17.3%47.0%-2.3%-0.8%498.5K-20.8M-213.0K0.349.47N/AN/A41614371,73718,054
2023-07-28$13.57$12.5047.1%13.5%43.7%18.8%46.1%0.9%-1.3%549.1K-23.5M-217.0K0.0739.49N/AN/A1,0897871,89918,185
2023-07-31$13.95$12.5047.7%13.7%44.5%19.9%50.7%8.7%-4.9%602.9K-27.3M-225.9K0.298.74N/AN/A79123272,14818,221