VET Options History — February 2024

In February 2024, VET traded between $10.05 and $11.02. ATM implied volatility averaged 48.4%, placing in the 38.7% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded above realized volatility by 11.5% (HV 20d: 36.9%). 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 0 of 20 days. Put/call ratio averaged 0.14.

Notable Days

  • 2024-02-12: Highest Volume — 5,609 contracts
  • 2024-02-05: Largest IV spike — 9.5% change
  • 2024-02-29: Highest IV Rank — 46.5%
  • 2024-02-29: Largest Expected Move — 15.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.61$10.05$11.02$10.57$11.00
Max Pain$11.50$10.00$12.50$10.00$12.50
ATM IV48.4%39.0%54.0%41.3%54.0%
Expected Move14.1%13.1%15.5%13.2%15.5%
HV 20d36.9%32.7%40.2%35.3%36.0%
HV 60d39.3%37.9%40.5%39.4%40.4%
IV Rank38.7%25.7%46.5%29.0%46.5%
IV Percentile68.5%28.2%87.3%40.1%87.3%
Term Structure-4.6%-12.9%-0.1%-2.4%-9.1%
VWIV49.7%45.4%55.1%46.0%53.6%
Skew 25d-1.6%-8.3%2.2%-1.3%2.1%
Skew 10d15.6%-14.6%160.7%1.7%160.7%
Call IV 25d49.8%45.5%54.3%45.9%53.3%
Put IV 25d48.2%39.3%55.6%44.6%55.4%
Bid-Ask Spread %60.0115.0771.6860.0366.06
Gamma HHI0.250.240.270.250.27
Net GEX351.0K291.7K385.7K311.5K382.1K
Net DEX-14.1M-17.2M-11.0M-13.2M-15.2M
Net VEX-180.3K-195.3K-157.9K-166.4K-185.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.140.010.580.110.05
Total Volume1,482.53955,6093951,761
Total OI75,838.469,46779,86069,46777,586

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$10.57$10.0041.3%13.2%35.3%29.0%46.0%-1.3%-2.4%311.5K-13.2M-166.4K0.1160.03N/AN/A3563960,2129,255
2024-02-02$10.23$10.0039.0%13.1%36.3%25.7%45.5%-3.7%-1.7%291.7K-11.0M-157.9K0.1664.28N/AN/A1,17919360,3309,264
2024-02-05$10.05$10.0042.7%13.4%35.9%30.8%46.8%-8.3%-3.6%294.7K-11.0M-158.2K0.2115.07N/AN/A2,96361261,3839,589
2024-02-06$10.18$10.0043.3%13.3%36.5%31.6%45.9%-2.9%-0.8%341.0K-12.1M-165.9K0.1862.56N/AN/A84214963,5389,924
2024-02-07$10.27$10.0045.8%13.1%37.0%35.1%45.9%-3.0%-1.8%353.3K-12.6M-167.8K0.5860.78N/AN/A35020364,57410,042
2024-02-08$10.48$10.0045.6%13.1%38.1%34.8%45.4%-1.0%-0.9%364.1K-14.0M-174.3K0.1963.11N/AN/A4648764,58310,226
2024-02-09$10.50$10.0049.0%14.0%37.9%39.5%49.3%-2.0%-3.3%360.4K-14.7M-178.6K0.0253.72N/AN/A3,6526364,59910,224
2024-02-12$10.86$10.0047.9%13.7%40.2%38.1%48.8%-1.6%-0.1%385.7K-17.2M-188.5K0.1769.49N/AN/A4,79281766,82810,259
2024-02-13$10.41$12.5051.4%14.7%33.1%42.8%54.4%-5.5%-4.9%358.5K-14.0M-186.5K0.0562.33N/AN/A2,16511668,08111,051
2024-02-14$10.29$12.5048.1%13.8%32.7%38.2%49.4%-3.2%-12.9%355.8K-12.9M-180.7K0.0371.68N/AN/A8902868,29111,161
2024-02-15$10.77$12.5048.6%13.9%36.6%39.0%48.6%0.1%-7.3%365.5K-16.6M-195.3K0.0368.97N/AN/A2,4967968,70211,158
2024-02-16$10.77$12.5049.4%14.2%36.6%40.0%50.5%-2.5%-3.8%350.1K-15.4M-194.7K0.0156.56N/AN/A6841067,48511,147
2024-02-20$10.56$12.5052.2%15.0%37.2%43.9%50.7%-0.6%-4.9%331.0K-13.5M-184.2K0.3750.67N/AN/A40815165,66310,853
2024-02-21$10.80$12.5048.8%14.0%37.7%39.3%52.8%-5.0%-8.5%357.6K-15.1M-190.9K0.0958.45N/AN/A8307165,67710,939
2024-02-22$11.00$12.5052.0%14.9%38.1%43.6%51.1%1.1%-3.3%372.2K-15.7M-190.1K0.0658.75N/AN/A8025065,32310,971
2024-02-23$10.79$12.5051.2%14.7%38.1%42.6%49.4%1.4%-5.2%352.1K-14.6M-187.3K0.0767.71N/AN/A5103865,58510,938
2024-02-26$10.70$12.5052.0%14.9%38.2%43.6%55.1%1.7%-4.2%340.6K-13.4M-178.9K0.1160.72N/AN/A6267065,87710,972
2024-02-27$10.93$12.5053.5%15.3%38.9%45.7%52.5%2.2%-7.5%371.2K-15.5M-188.7K0.1462.19N/AN/A3605166,09611,033
2024-02-28$11.02$12.5052.0%14.9%37.8%43.7%51.7%-0.2%-5.9%380.4K-15.4M-186.3K0.0767.05N/AN/A6474666,28611,063
2024-02-29$11.00$12.5054.0%15.5%36.0%46.5%53.6%2.1%-9.1%382.1K-15.2M-185.7K0.0566.06N/AN/A1,6748766,51911,067