VET Options History — October 2023

In October 2023, VET traded between $12.89 and $15.39. ATM implied volatility averaged 47.6%, placing in the 33.8% IV rank vs the trailing year. The 30-day expected move averaged 13.7%. IV traded above realized volatility by 2.7% (HV 20d: 44.9%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.22.

Notable Days

  • 2023-10-06: Highest Volume — 6,610 contracts
  • 2023-10-03: Largest IV spike — 17.1% change
  • 2023-10-27: Highest IV Rank — 37.4%
  • 2023-10-09: Largest Expected Move — 14.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.40$12.89$15.39$13.77$14.32
Max Pain$14.09$12.50$15.00$15.00$15.00
ATM IV47.6%41.1%50.1%41.1%47.8%
Expected Move13.7%11.8%14.6%11.8%13.7%
HV 20d44.9%38.5%49.4%38.7%41.0%
HV 60d39.2%37.7%40.3%38.4%37.7%
IV Rank33.8%24.2%37.4%24.2%34.1%
IV Percentile39.1%19.8%54.8%19.8%42.1%
Term Structure-2.4%-5.1%3.4%3.4%-3.1%
VWIV48.0%42.3%52.5%42.3%47.8%
Skew 25d4.1%0.1%13.6%0.3%10.3%
Skew 10d7.1%-3.3%24.3%4.9%20.6%
Call IV 25d46.5%32.0%51.4%41.7%42.2%
Put IV 25d50.6%42.0%55.7%42.0%52.5%
Bid-Ask Spread %42.315.0073.9573.9547.70
Gamma HHI0.300.250.350.280.31
Net GEX865.3K500.7K1.1M652.8K842.5K
Net DEX-33.9M-47.8M-17.0M-24.2M-30.9M
Net VEX-228.3K-248.0K-197.8K-219.7K-215.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.220.010.910.230.55
Total Volume1,620.7732526,6101,498707
Total OI97,757.31889,498102,92098,26891,949

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$13.77$15.0041.1%11.8%38.7%24.2%42.3%0.3%3.4%652.8K-24.2M-219.7K0.2373.95N/AN/A1,21728182,79215,476
2023-10-03$13.73$15.0048.1%13.8%38.5%34.5%48.6%1.6%-0.6%647.7K-24.8M-220.5K0.229.32N/AN/A51311583,12915,371
2023-10-04$12.89$15.0048.0%13.8%43.7%34.3%47.8%13.6%0.8%500.7K-17.0M-197.8K0.915.00N/AN/A1,4491,32183,15215,420
2023-10-05$13.07$12.5047.6%14.4%43.7%33.7%52.5%4.1%-2.4%544.6K-19.2M-204.6K0.187.14N/AN/A1,38625683,67315,351
2023-10-06$13.41$12.5047.5%14.2%44.2%33.6%48.3%2.8%-0.8%608.1K-22.8M-213.9K0.0520.58N/AN/A6,28132983,62515,517
2023-10-09$14.21$12.5049.6%14.6%49.4%36.7%51.4%2.6%-5.1%870.8K-34.1M-241.2K0.0253.82N/AN/A4,69410887,20515,546
2023-10-10$14.41$12.5046.8%13.4%46.7%32.6%47.3%3.3%-1.2%916.2K-35.4M-241.4K0.0254.13N/AN/A7701886,99615,574
2023-10-11$14.50$12.5047.8%13.7%46.7%34.0%48.2%4.8%-3.0%945.3K-36.3M-240.9K0.0524.60N/AN/A4292287,13515,587
2023-10-12$14.45$12.5046.2%13.3%46.5%31.7%44.9%2.5%-2.1%956.1K-35.5M-236.2K0.2243.70N/AN/A2846287,15815,583
2023-10-13$14.89$12.5048.6%13.9%47.3%35.3%48.7%2.2%-2.8%1.0M-41.9M-248.0K0.0168.93N/AN/A5,0326187,28515,635
2023-10-16$15.05$12.5047.0%13.5%47.2%32.9%46.9%5.7%-3.0%1.0M-41.9M-242.3K0.4460.82N/AN/A46820485,59415,621
2023-10-17$15.29$15.0046.2%13.2%46.6%31.7%46.0%4.5%-1.2%1.1M-45.3M-245.4K0.3162.33N/AN/A71722585,49515,710
2023-10-18$15.09$15.0049.2%14.1%46.2%36.1%49.6%2.0%-4.5%1.1M-42.9M-238.1K0.1554.32N/AN/A91914185,70715,847
2023-10-19$15.39$15.0049.2%14.1%45.4%36.1%47.0%3.8%-3.5%1.0M-47.8M-243.2K0.0545.41N/AN/A1,7919185,63515,854
2023-10-20$15.18$15.0049.0%14.1%45.8%35.9%49.9%5.9%-3.0%1.1M-45.1M-238.3K0.2033.18N/AN/A1,07221585,76615,789
2023-10-23$14.66$15.0047.8%13.7%46.1%34.0%46.3%0.1%-3.4%856.9K-34.7M-222.8K0.1251.28N/AN/A1,43717275,75513,743
2023-10-24$14.39$15.0046.5%13.3%46.4%32.2%47.9%0.9%-3.0%828.0K-31.7M-220.1K0.468.01N/AN/A38717976,51213,703
2023-10-25$14.63$15.0046.3%13.3%45.5%31.9%46.4%2.4%-2.3%875.1K-34.9M-226.3K0.0756.74N/AN/A7385476,72713,792
2023-10-26$14.64$15.0047.4%13.6%45.5%33.4%48.3%2.4%-3.0%878.8K-34.9M-226.6K0.2148.06N/AN/A2926177,39313,794
2023-10-27$14.61$15.0050.1%14.4%45.3%37.4%50.3%1.4%-4.0%864.5K-34.1M-225.6K0.0848.33N/AN/A8377077,46013,784
2023-10-30$14.30$15.0049.8%14.3%41.0%36.9%50.1%13.6%-4.9%829.8K-30.4M-214.0K0.2853.47N/AN/A1975578,00013,821
2023-10-31$14.32$15.0047.8%13.7%41.0%34.1%47.8%10.3%-3.1%842.5K-30.9M-215.1K0.5547.70N/AN/A45525278,12113,828