VET Options History — March 2024

In March 2024, VET traded between $10.96 and $12.43. ATM implied volatility averaged 41.1%, placing in the 31.1% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 4.3% (HV 20d: 36.7%). Max pain ranged from $7.50 to $12.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.19.

Notable Days

  • 2024-03-21: Highest Volume — 10,444 contracts
  • 2024-03-07: Largest IV drop — 59.7% change
  • 2024-03-06: Highest IV Rank — 84.8%
  • 2024-03-01: Largest Expected Move — 15.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.66$10.96$12.43$11.41$12.43
Max Pain$9.88$7.50$12.50$12.50$10.00
ATM IV41.1%29.6%81.8%52.5%29.6%
Expected Move10.7%8.5%15.1%15.1%8.5%
HV 20d36.7%33.1%40.9%37.2%40.6%
HV 60d38.1%36.2%40.6%40.6%38.0%
IV Rank31.1%15.1%84.8%44.4%15.1%
IV Percentile28.7%1.2%99.6%85.7%1.2%
Term Structure0.7%-11.6%5.6%-11.6%5.6%
VWIV38.0%29.6%52.0%51.8%29.6%
Skew 25d26.3%-9.0%192.7%4.0%171.4%
Skew 10d65.8%-9.6%266.9%8.6%266.9%
Call IV 25d37.9%27.7%53.9%52.0%27.7%
Put IV 25d64.2%23.5%236.4%56.1%199.1%
Bid-Ask Spread %53.6131.0372.4459.6333.00
Gamma HHI0.300.240.380.290.38
Net GEX498.9K359.1K694.3K433.1K694.3K
Net DEX-20.8M-29.2M-15.2M-18.2M-29.2M
Net VEX-204.4K-238.8K-186.2K-193.1K-238.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.190.001.140.110.01
Total Volume2,327.9533110,4441,5721,213
Total OI78,01568,32086,33877,14174,933

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$11.41$12.5052.5%15.1%37.2%44.4%51.8%4.0%-11.6%433.1K-18.2M-193.1K0.1159.63N/AN/A1,41016266,11311,028
2024-03-04$11.50$10.0062.4%13.0%34.6%57.9%46.1%0.2%-1.5%460.8K-19.8M-198.5K0.0557.50N/AN/A4,05320166,51311,175
2024-03-05$11.63$7.5069.7%13.5%33.5%68.1%47.4%-0.5%-2.9%530.9K-21.8M-206.6K0.1257.59N/AN/A1,82921169,11111,124
2024-03-06$11.75$7.5081.8%14.4%33.4%84.8%52.0%-1.8%-4.2%555.9K-23.4M-214.3K0.1259.42N/AN/A5,69269069,11911,223
2024-03-07$11.27$10.0033.0%11.3%37.7%17.5%38.6%-0.4%1.9%457.5K-17.5M-191.0K0.0668.48N/AN/A6,92738472,60011,439
2024-03-08$10.96$10.0034.4%11.8%38.9%19.3%39.8%2.1%2.4%359.1K-15.2M-186.2K0.2547.22N/AN/A1,18629174,06411,645
2024-03-11$11.39$10.0040.6%11.1%40.9%33.0%38.7%-0.4%1.5%499.4K-18.1M-195.5K0.2866.31N/AN/A1,38438374,44611,736
2024-03-12$11.21$10.0055.2%10.9%39.9%56.7%36.8%1.3%1.3%402.0K-16.0M-186.5K0.2050.85N/AN/A3496974,23411,945
2024-03-13$11.41$10.0037.0%10.6%36.8%27.1%37.2%1.2%1.3%396.8K-17.8M-193.2K0.1266.00N/AN/A1,09313374,19211,876
2024-03-14$11.36$10.0033.6%9.6%36.4%21.5%39.5%-3.4%0.2%397.2K-17.7M-188.7K0.1969.53N/AN/A1,19822274,19911,455
2024-03-15$11.34$10.0031.1%8.9%33.1%17.6%37.7%-2.8%-8.3%412.7K-17.2M-190.5K0.2172.44N/AN/A80016674,80211,536
2024-03-18$11.86$10.0034.2%9.8%36.3%22.5%34.4%9.2%2.8%484.8K-21.0M-199.6K0.2945.79N/AN/A1,26937258,6529,744
2024-03-19$11.91$10.0033.4%9.6%35.2%21.3%33.4%-6.6%4.7%515.9K-21.3M-199.8K0.2743.58N/AN/A3018158,9159,405
2024-03-20$11.89$10.0032.5%9.3%34.7%19.8%32.2%-6.4%3.8%511.7K-21.5M-204.4K0.1546.74N/AN/A2894259,0149,379
2024-03-21$11.95$10.0033.3%9.5%34.4%21.0%33.3%-5.5%3.6%528.3K-21.3M-197.6K0.0044.29N/AN/A10,4103459,1429,391
2024-03-22$11.66$10.0032.3%9.2%34.9%19.4%32.5%-9.0%2.4%518.3K-21.8M-220.8K0.1031.03N/AN/A1,40414663,2109,405
2024-03-25$12.16$10.0034.0%9.8%37.0%22.3%34.0%180.2%3.6%603.7K-25.9M-228.5K0.0645.03N/AN/A9425264,4449,511
2024-03-26$11.79$10.0030.8%8.8%38.9%17.0%34.2%192.7%2.9%551.1K-23.1M-221.3K0.0850.84N/AN/A6305165,0759,508
2024-03-27$12.23$10.0030.3%8.7%40.6%16.1%30.3%0.4%5.3%664.7K-27.5M-233.7K1.1456.97N/AN/A22926165,4499,548
2024-03-28$12.43$10.0029.6%8.5%40.6%15.1%29.6%171.4%5.6%694.3K-29.2M-238.8K0.0133.00N/AN/A1,1971665,3179,616