VET Options History — May 2024

In May 2024, VET traded between $11.32 and $12.55. ATM implied volatility averaged 31.7%, placing in the 18.5% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 1.4% (HV 20d: 30.3%). 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 20 of 22 days. Put/call ratio averaged 0.63.

Notable Days

  • 2024-05-17: Highest Volume — 2,344 contracts
  • 2024-05-06: Largest IV spike — 64.1% change
  • 2024-05-06: Highest IV Rank — 55.8%
  • 2024-05-01: Largest Expected Move — 12.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.06$11.32$12.55$11.32$12.36
Max Pain$11.48$10.00$12.50$12.50$12.50
ATM IV31.7%26.3%54.7%42.3%32.3%
Expected Move9.0%7.6%12.1%12.1%9.3%
HV 20d30.3%24.3%35.9%24.3%30.1%
HV 60d32.4%30.9%34.3%33.3%32.8%
IV Rank18.5%9.8%55.8%35.7%19.5%
IV Percentile12.5%1.2%96.4%59.5%11.1%
Term Structure0.6%-14.2%5.1%-14.2%0.1%
VWIV31.7%26.7%42.3%42.3%32.3%
Skew 25d1.3%-19.0%45.7%-19.0%7.2%
Skew 10d3.4%-19.4%66.0%-6.3%11.4%
Call IV 25d30.5%23.5%49.2%49.2%29.6%
Put IV 25d31.8%22.9%71.4%30.1%36.8%
Bid-Ask Spread %71.0250.8086.3679.5760.26
Gamma HHI0.380.320.420.360.39
Net GEX584.9K473.2K645.8K473.2K638.6K
Net DEX-23.1M-28.1M-18.1M-18.1M-24.9M
Net VEX-202.7K-214.2K-191.4K-191.4K-206.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.014.600.540.01
Total Volume799.8641712,3441,667171
Total OI75,583.31873,96277,32673,96277,326

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$11.32$12.5042.3%12.1%24.3%35.7%42.3%-19.0%-14.2%473.2K-18.1M-191.4K0.5479.57N/AN/A1,08558263,51710,445
2024-05-02$11.80$12.5037.1%10.6%29.4%27.2%37.0%-5.1%-2.4%550.4K-21.6M-201.5K0.3485.31N/AN/A1,23042163,42510,817
2024-05-03$11.73$12.5033.3%9.5%29.0%21.1%33.3%19.5%0.5%552.2K-20.6M-200.5K0.7386.36N/AN/A21515864,04910,871
2024-05-06$11.98$10.0054.7%9.7%30.1%55.8%33.1%-2.7%0.2%581.3K-23.5M-206.7K1.0269.63N/AN/A63164564,00710,765
2024-05-07$11.98$10.0034.2%9.6%30.1%22.5%33.4%-0.7%0.1%622.3K-22.8M-202.1K4.6074.47N/AN/A11251564,27710,983
2024-05-08$11.98$10.0027.3%9.2%30.1%11.3%40.2%-2.8%1.0%630.5K-22.4M-202.8K0.3269.76N/AN/A83026664,32411,266
2024-05-09$12.16$10.0028.5%8.7%30.5%13.3%30.9%-11.8%2.3%628.2K-23.6M-204.1K0.3965.96N/AN/A38715263,60911,529
2024-05-10$11.89$10.0032.2%8.8%31.2%19.4%30.5%-2.9%1.4%573.4K-21.5M-202.6K2.1070.09N/AN/A11223563,71511,636
2024-05-13$11.82$10.0027.5%8.8%29.7%11.6%30.9%-6.8%0.9%515.1K-20.1M-195.1K0.2275.46N/AN/A64714263,73311,689
2024-05-14$11.96$10.0026.3%8.6%29.9%9.8%30.0%-5.0%1.2%536.0K-21.1M-195.8K0.4874.96N/AN/A31515163,46011,816
2024-05-15$12.07$10.0027.8%8.0%29.0%12.2%27.9%45.7%2.8%591.6K-21.9M-199.0K0.1782.15N/AN/A1622763,58811,737
2024-05-16$12.05$10.0028.1%8.1%29.0%12.7%28.1%-0.7%2.0%627.9K-22.9M-199.7K0.3675.46N/AN/A39114263,64111,736
2024-05-17$12.34$12.5029.1%8.3%30.0%14.2%29.1%-8.4%2.0%534.4K-24.1M-204.5K0.0575.83N/AN/A2,22611863,59711,876
2024-05-20$12.50$12.5028.4%8.2%30.2%13.2%28.4%9.2%2.0%628.5K-27.1M-214.2K0.3668.32N/AN/A68924862,90811,536
2024-05-21$12.43$12.5028.4%8.1%30.1%13.1%28.4%2.7%2.4%621.1K-26.2M-209.8K0.1169.62N/AN/A7808463,38011,742
2024-05-22$12.23$12.5030.2%8.6%30.1%16.0%30.2%-0.1%0.1%601.0K-24.2M-204.4K0.1061.80N/AN/A6466263,99311,818
2024-05-23$11.95$12.5030.9%8.9%30.5%17.3%30.9%-3.8%0.9%561.7K-21.7M-200.2K0.9175.83N/AN/A47543064,35611,852
2024-05-24$11.91$12.5026.6%7.6%30.5%10.1%26.7%-3.4%5.1%577.6K-21.1M-198.6K0.4667.21N/AN/A42419464,48512,126
2024-05-28$12.55$12.5030.1%8.6%35.9%15.9%30.1%8.2%1.8%645.8K-28.1M-211.9K0.0760.19N/AN/A6834764,69512,171
2024-05-29$12.18$12.5032.0%9.2%34.1%19.0%32.4%5.2%0.1%575.6K-25.6M-203.1K0.3550.80N/AN/A43815464,97812,169
2024-05-30$12.16$12.5030.4%8.7%32.9%16.4%30.7%3.9%2.0%601.0K-24.2M-204.6K0.0963.38N/AN/A1611464,97112,219
2024-05-31$12.36$12.5032.3%9.3%30.1%19.5%32.3%7.2%0.1%638.6K-24.9M-206.8K0.0160.26N/AN/A169265,09712,229