VET Options History — August 2023

In August 2023, VET traded between $13.39 and $14.98. ATM implied volatility averaged 39.9%, placing in the 7.6% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded below realized volatility by 0.9% (HV 20d: 40.8%). Max pain ranged from $12.50 to $12.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 20 of 23 days. Put/call ratio averaged 0.29.

Notable Days

  • 2023-08-09: Highest Volume — 6,895 contracts
  • 2023-08-09: Largest IV spike — 24.7% change
  • 2023-08-02: Highest IV Rank — 32.8%
  • 2023-08-02: Largest Expected Move — 15.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.17$13.39$14.98$13.68$14.52
Max Pain$12.50$12.50$12.50$12.50$12.50
ATM IV39.9%33.4%55.0%51.8%33.4%
Expected Move11.5%9.6%15.8%14.9%9.6%
HV 20d40.8%33.2%46.7%45.4%33.2%
HV 60d43.9%41.5%45.3%44.5%41.5%
IV Rank7.6%0.0%32.8%27.1%0.0%
IV Percentile7.3%0.0%44.0%34.5%0.0%
Term Structure1.4%-6.4%4.8%-6.4%3.7%
VWIV40.9%33.4%53.6%49.4%33.4%
Skew 25d2.3%-8.4%15.4%3.4%0.3%
Skew 10d3.8%-8.2%22.9%7.2%1.8%
Call IV 25d39.6%32.2%53.0%48.0%32.2%
Put IV 25d41.9%26.7%54.6%51.4%32.5%
Bid-Ask Spread %13.405.0748.9012.8020.78
Gamma HHI0.280.250.330.280.30
Net GEX703.2K524.1K974.2K572.1K802.4K
Net DEX-30.0M-41.7M-22.2M-24.3M-34.2M
Net VEX-233.1K-262.7K-211.0K-214.7K-236.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.290.031.640.190.06
Total Volume1,906.9573906,8957511,498
Total OI96,269.26190,548100,34990,548100,349

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$13.68$12.5051.8%14.9%45.4%27.1%49.4%3.4%-6.4%572.1K-24.3M-214.7K0.1912.80N/AN/A63211972,25618,292
2023-08-02$13.39$12.5055.0%15.8%46.1%32.8%53.6%1.5%-6.1%527.0K-22.4M-216.9K0.0640.29N/AN/A3,93724572,42518,373
2023-08-03$14.05$12.5043.1%12.3%46.7%11.7%44.8%11.9%0.4%671.5K-29.8M-235.1K0.1648.90N/AN/A2,44939374,35718,401
2023-08-04$14.29$12.5039.9%11.5%41.5%5.9%42.0%2.6%1.8%747.0K-32.2M-243.4K0.2013.42N/AN/A2,87857775,69118,541
2023-08-07$14.00$12.5035.7%11.3%42.2%0.0%40.6%6.9%2.7%710.8K-29.7M-238.2K0.697.44N/AN/A61442477,03918,347
2023-08-08$14.18$12.5035.7%11.1%41.1%0.0%39.7%9.2%2.7%751.1K-30.7M-241.2K0.346.56N/AN/A80627877,45818,640
2023-08-09$14.98$12.5044.5%12.8%45.2%15.4%45.7%-0.5%-0.7%929.8K-41.7M-262.7K0.2413.62N/AN/A5,5511,34477,57718,686
2023-08-10$14.61$12.5042.5%12.2%46.2%12.0%45.1%0.4%1.2%893.7K-36.9M-256.0K1.649.67N/AN/A7051,15678,99719,155
2023-08-11$14.80$12.5041.3%11.8%40.0%9.7%41.1%1.3%1.0%974.2K-38.8M-258.4K0.4512.88N/AN/A43119579,06219,626
2023-08-14$14.43$12.5040.8%11.7%41.3%8.9%44.9%2.1%1.5%889.0K-33.6M-245.4K0.157.39N/AN/A3,43551779,31919,720
2023-08-15$14.07$12.5040.8%11.7%40.7%9.0%41.3%-0.2%0.6%734.6K-28.7M-230.2K0.099.86N/AN/A9058178,42919,985
2023-08-16$14.16$12.5040.5%11.6%40.0%8.3%40.8%-1.0%1.2%707.6K-29.3M-233.4K0.548.30N/AN/A63834378,75120,009
2023-08-17$14.21$12.5040.0%11.5%39.9%7.5%41.6%-2.7%1.8%607.6K-29.3M-232.4K0.1712.31N/AN/A1,07118378,73119,810
2023-08-18$14.23$12.5038.4%11.0%39.5%4.7%41.6%1.6%3.6%615.3K-29.7M-232.6K0.197.47N/AN/A74214178,97519,758
2023-08-21$14.18$12.5038.1%10.9%39.0%4.1%38.1%6.8%2.4%611.9K-28.2M-227.5K0.4511.95N/AN/A57125775,40718,299
2023-08-22$14.11$12.5037.4%10.7%38.6%2.9%37.4%3.0%3.8%605.9K-27.4M-223.7K0.085.07N/AN/A8176275,66118,365
2023-08-23$13.74$12.5041.4%11.9%40.0%9.9%41.5%3.2%0.2%562.2K-23.6M-215.7K0.149.76N/AN/A2,51734275,78618,338
2023-08-24$13.55$12.5038.4%11.0%39.2%4.6%38.0%-0.8%4.8%524.1K-22.2M-211.0K0.069.14N/AN/A1,75210776,53718,503
2023-08-25$13.82$12.5035.8%10.3%38.6%0.2%37.0%2.8%2.5%593.6K-25.3M-221.1K0.0513.85N/AN/A1,8228677,95118,515
2023-08-28$14.05$12.5034.5%9.9%37.8%0.0%34.7%-8.4%4.2%657.0K-27.6M-224.6K0.497.37N/AN/A26112979,21018,591
2023-08-29$14.43$12.5034.4%9.9%38.1%0.0%34.2%-5.2%3.5%726.1K-31.9M-232.0K0.125.85N/AN/A5146479,40618,627
2023-08-30$14.50$12.5034.0%9.7%37.0%0.0%34.8%15.4%2.7%758.7K-32.6M-229.7K0.0313.53N/AN/A2,2145779,61218,626
2023-08-31$14.52$12.5033.4%9.6%33.2%0.0%33.4%0.3%3.7%802.4K-34.2M-236.6K0.0620.78N/AN/A1,4108881,71718,632