VET Options History — January 2024

In January 2024, VET traded between $10.59 and $12.29. ATM implied volatility averaged 39.5%, placing in the 26.4% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded below realized volatility by 0.6% (HV 20d: 40.1%). 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 0.20.

Notable Days

  • 2024-01-16: Highest Volume — 10,604 contracts
  • 2024-01-30: Largest IV drop — 43.4% change
  • 2024-01-16: Highest IV Rank — 34.6%
  • 2024-01-16: Largest Expected Move — 13.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.29$10.59$12.29$11.96$10.79
Max Pain$11.19$10.00$12.50$12.50$10.00
ATM IV39.5%25.5%45.4%39.5%30.7%
Expected Move11.4%7.3%13.0%11.3%8.8%
HV 20d40.1%34.0%48.5%48.5%37.0%
HV 60d38.1%36.3%39.4%38.9%39.4%
IV Rank26.4%7.1%34.6%26.4%14.3%
IV Percentile29.0%0.8%52.0%25.8%1.2%
Term Structure4.7%-0.9%19.0%-0.9%6.6%
VWIV39.9%25.6%46.9%39.5%36.1%
Skew 25d4.6%-7.2%17.1%-4.2%-7.2%
Skew 10d13.8%-3.5%54.9%-3.5%7.4%
Call IV 25d36.0%21.7%47.9%37.7%29.3%
Put IV 25d40.6%22.1%46.1%33.6%22.1%
Bid-Ask Spread %32.178.9669.7765.6252.38
Gamma HHI0.260.230.280.270.24
Net GEX374.7K290.5K456.1K408.4K344.9K
Net DEX-14.5M-18.0M-10.5M-14.9M-14.4M
Net VEX-163.2K-180.1K-143.8K-151.2K-173.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.020.590.270.52
Total Volume1,732.76210010,6041,166100
Total OI90,186.42966,159111,58699,28369,416

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$11.96$12.5039.5%11.3%48.5%26.4%39.5%-4.2%-0.9%408.4K-14.9M-151.2K0.2765.62N/AN/A92024685,79513,488
2024-01-03$12.29$12.5036.7%10.5%47.9%22.5%36.7%1.1%3.9%456.1K-18.0M-161.0K0.0220.39N/AN/A9542286,51813,519
2024-01-04$12.07$12.5038.3%11.2%47.3%24.7%39.1%2.5%4.5%429.9K-16.3M-157.8K0.2122.53N/AN/A2755987,20313,522
2024-01-05$12.16$12.5037.8%11.4%44.7%24.0%40.1%1.7%2.3%442.6K-16.9M-158.7K0.0932.60N/AN/A6045287,39213,557
2024-01-08$11.91$12.5039.6%10.8%45.4%26.6%37.3%8.3%5.1%416.7K-14.9M-154.3K0.1432.22N/AN/A5737987,47813,573
2024-01-09$11.82$12.5036.4%11.3%44.9%22.2%39.3%7.5%1.5%404.4K-14.2M-152.3K0.0712.80N/AN/A8335587,77813,590
2024-01-10$11.66$12.5037.7%10.8%44.5%24.0%37.8%6.6%5.0%397.4K-13.5M-151.2K0.3622.97N/AN/A52619288,50013,615
2024-01-11$11.75$12.5037.2%10.7%43.0%23.3%37.2%5.4%5.4%402.3K-13.9M-151.2K0.029.58N/AN/A1,1222388,72413,571
2024-01-12$11.84$12.5037.4%10.7%36.1%23.6%37.5%8.3%4.3%411.7K-14.3M-156.1K0.1745.88N/AN/A95416189,71413,555
2024-01-16$10.96$12.5045.4%13.0%40.4%34.6%43.1%1.5%4.5%290.5K-10.5M-143.8K0.0534.29N/AN/A10,11948590,61713,693
2024-01-17$10.75$10.0044.1%12.7%40.4%32.8%46.9%-1.8%6.0%336.8K-12.8M-162.4K0.1646.59N/AN/A5,55789496,05513,233
2024-01-18$10.64$10.0042.9%12.3%38.7%31.1%39.9%-0.6%6.2%333.4K-12.4M-166.9K0.1031.68N/AN/A2,58126798,08513,054
2024-01-19$10.66$10.0044.4%12.7%35.9%33.2%44.2%0.2%3.2%325.8K-12.7M-169.1K0.2512.50N/AN/A72518298,38513,201
2024-01-22$10.75$10.0044.1%12.6%36.2%32.7%44.1%-0.6%2.6%338.8K-14.4M-170.5K0.108.96N/AN/A98110057,5858,574
2024-01-23$10.59$10.0042.9%12.3%36.0%31.1%43.4%-1.8%3.0%330.7K-13.6M-166.9K0.5936.05N/AN/A60635958,1158,543
2024-01-24$10.66$10.0041.7%11.9%36.4%29.4%41.6%13.9%5.1%335.9K-13.9M-169.5K0.0315.34N/AN/A2,6927658,5178,844
2024-01-25$10.88$10.0042.0%12.0%35.4%29.9%42.5%17.1%4.9%369.2K-15.5M-177.0K0.4247.85N/AN/A45619360,1798,825
2024-01-26$10.93$10.0040.5%11.6%34.6%27.9%40.5%15.3%4.4%371.1K-15.9M-180.1K0.1069.77N/AN/A1,07410860,3378,925
2024-01-29$10.84$10.0045.0%12.9%34.0%34.0%45.0%16.9%3.1%358.2K-14.7M-174.4K0.2239.27N/AN/A3567860,2609,022
2024-01-30$11.13$10.0025.5%7.3%35.8%7.1%25.6%6.6%19.0%363.8K-16.3M-179.8K0.2616.30N/AN/A59515460,2809,078
2024-01-31$10.79$10.0030.7%8.8%37.0%14.3%36.1%-7.2%6.6%344.9K-14.4M-173.4K0.5252.38N/AN/A663460,1969,220