VET Options History — April 2024

In April 2024, VET traded between $11.57 and $12.68. ATM implied volatility averaged 36.8%, placing in the 26.8% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 6.8% (HV 20d: 30.0%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.33.

Notable Days

  • 2024-04-02: Highest Volume — 1,904 contracts
  • 2024-04-10: Largest IV spike — 10.6% change
  • 2024-04-30: Highest IV Rank — 32.5%
  • 2024-04-30: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.18$11.57$12.68$12.48$11.57
Max Pain$12.16$10.00$12.50$10.00$12.50
ATM IV36.8%31.6%40.3%31.6%40.3%
Expected Move10.8%9.1%11.6%9.1%11.6%
HV 20d30.0%19.0%39.0%39.0%23.8%
HV 60d34.9%32.7%37.6%37.6%33.2%
IV Rank26.8%18.3%32.5%18.3%32.5%
IV Percentile25.7%3.6%48.4%3.6%48.4%
Term Structure-0.5%-4.7%6.1%5.7%-4.7%
VWIV37.3%31.6%40.6%31.6%40.6%
Skew 25d-3.0%-11.4%6.9%3.1%-11.4%
Skew 10d-2.5%-16.5%8.4%5.0%-11.5%
Call IV 25d34.9%25.8%43.1%29.5%41.4%
Put IV 25d31.9%28.4%34.7%32.7%30.0%
Bid-Ask Spread %72.8333.0090.3533.0079.09
Gamma HHI0.370.320.420.370.36
Net GEX630.4K488.7K761.5K706.6K517.9K
Net DEX-26.1M-31.4M-20.1M-29.5M-20.1M
Net VEX-219.2K-237.6K-198.8K-237.6K-198.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.330.011.370.170.20
Total Volume604.9091581,904338544
Total OI74,270.54572,33675,87474,77273,541

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$12.48$10.0031.6%9.1%39.0%18.3%31.6%3.1%5.7%706.6K-29.5M-237.6K0.1733.00N/AN/A2885065,1619,611
2024-04-02$12.48$10.0032.5%9.3%39.0%19.7%32.3%3.5%4.8%705.0K-29.8M-232.6K0.1035.17N/AN/A1,73516965,2169,628
2024-04-03$12.57$10.0033.1%9.5%39.0%20.8%33.1%4.3%4.9%700.4K-30.5M-236.4K0.0833.62N/AN/A1,37810765,3899,602
2024-04-04$12.54$12.5033.1%10.8%38.9%20.7%37.6%6.9%-0.8%695.9K-30.2M-233.2K0.2580.65N/AN/A58214564,5589,689
2024-04-05$12.68$12.5034.6%11.0%35.2%23.1%38.2%-2.5%-2.3%715.5K-31.4M-236.5K1.3468.58N/AN/A12917364,6249,769
2024-04-08$12.54$12.5032.8%10.9%33.5%20.3%38.2%-5.4%-0.6%724.4K-30.0M-233.7K0.2077.50N/AN/A3747564,6789,839
2024-04-09$12.57$12.5034.5%10.8%31.4%23.1%36.6%6.2%-0.9%740.4K-30.3M-231.2K0.4477.29N/AN/A25711264,8009,893
2024-04-10$12.59$12.5038.2%10.9%30.4%29.0%38.0%-5.8%-2.1%738.1K-30.5M-231.6K0.4185.45N/AN/A37315264,7789,987
2024-04-11$12.46$12.5036.6%10.5%30.6%26.5%36.9%-7.0%-0.4%761.5K-29.1M-227.3K0.3078.61N/AN/A2537664,91310,082
2024-04-12$12.30$12.5039.8%11.4%31.1%31.6%40.1%-10.4%-1.7%722.9K-28.1M-220.6K0.1883.95N/AN/A3586364,83710,158
2024-04-15$11.96$12.5039.1%11.2%33.0%30.4%39.0%-2.8%-1.1%627.2K-24.1M-218.5K0.1590.35N/AN/A5968764,86810,192
2024-04-16$12.04$12.5037.5%10.8%29.1%28.0%37.4%-1.2%-1.0%625.8K-24.2M-215.1K0.1782.53N/AN/A72011965,15210,264
2024-04-17$11.79$12.5039.4%11.3%30.1%30.9%34.5%-6.3%6.1%550.1K-22.0M-210.5K0.0684.89N/AN/A5073165,50910,365
2024-04-18$11.73$12.5039.7%11.4%30.1%31.5%39.7%-6.0%-2.6%488.7K-21.6M-205.7K1.3782.39N/AN/A15621365,35710,288
2024-04-19$11.82$12.5039.2%11.2%30.2%30.7%39.4%-4.9%-1.4%500.6K-22.6M-207.7K0.0384.43N/AN/A7332365,45010,219
2024-04-22$11.86$12.5038.6%11.1%28.9%29.7%38.2%-4.0%-2.2%528.9K-22.9M-208.8K0.0168.44N/AN/A743662,29910,037
2024-04-23$12.00$12.5036.9%10.6%24.9%27.0%37.0%-4.1%-1.7%551.2K-23.6M-210.0K0.1669.20N/AN/A1562562,39410,045
2024-04-24$11.80$12.5036.9%10.6%23.0%26.8%36.9%-7.3%-0.9%534.6K-21.9M-203.4K0.2774.43N/AN/A1243462,44310,070
2024-04-25$12.04$12.5036.5%10.5%20.1%26.3%36.5%-3.9%-1.2%568.4K-23.9M-209.5K0.6276.66N/AN/A28217662,5329,987
2024-04-26$12.05$12.5038.8%11.1%19.1%30.0%38.8%-3.8%-3.8%574.3K-24.2M-208.7K0.0477.48N/AN/A3141162,71310,072
2024-04-29$12.07$12.5039.9%11.4%19.0%31.8%39.9%-2.7%-3.9%589.8K-23.9M-204.8K0.6878.51N/AN/A51234762,86110,082
2024-04-30$11.57$12.5040.3%11.6%23.8%32.5%40.6%-11.4%-4.7%517.9K-20.1M-198.8K0.2079.09N/AN/A4558963,17710,364