VET Options History — January 2025

In January 2025, VET traded between $9.27 and $10.29. ATM implied volatility averaged 37.8%, placing in the 28.6% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 6.7% (HV 20d: 31.1%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.16.

Notable Days

  • 2025-01-02: Highest Volume — 3,209 contracts
  • 2025-01-10: Largest IV spike — 27.2% change
  • 2025-01-14: Highest IV Rank — 45.7%
  • 2025-01-31: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.93$9.27$10.29$9.81$9.27
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV37.8%32.4%48.3%39.3%39.9%
Expected Move10.5%9.3%11.4%11.3%11.4%
HV 20d31.1%24.2%40.7%40.6%24.2%
HV 60d35.9%34.9%37.5%37.5%35.1%
IV Rank28.6%19.9%45.7%31.0%31.9%
IV Percentile55.6%26.6%89.7%62.3%67.9%
Term Structure4.3%-1.3%10.7%-1.1%-1.3%
VWIV36.1%28.0%40.5%39.3%40.5%
Skew 25d28.0%-1.2%208.4%208.4%-1.2%
Skew 10d45.5%-0.3%301.6%301.6%-0.3%
Call IV 25d33.4%26.1%43.6%39.4%40.6%
Put IV 25d61.4%33.8%247.8%247.8%39.4%
Bid-Ask Spread %67.4830.3586.9730.3566.98
Gamma HHI0.470.380.650.480.39
Net GEX557.7K318.8K1.0M554.7K318.8K
Net DEX-16.5M-22.9M-9.7M-15.5M-9.7M
Net VEX-147.7K-162.7K-128.3K-156.7K-128.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.160.010.800.070.03
Total Volume1,678.15513,2093,2091,006
Total OI78,716.160,82593,90791,85863,294

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$9.81$10.0039.3%11.3%40.6%31.0%39.3%208.4%-1.1%554.7K-15.5M-156.7K0.0730.35N/AN/A2,99121877,89613,962
2025-01-03$9.87$10.0036.4%10.5%40.3%26.4%36.6%4.7%1.7%577.0K-15.6M-148.4K0.3839.77N/AN/A46717778,51914,133
2025-01-06$10.04$10.0039.5%11.2%40.7%31.3%39.0%11.8%1.7%625.9K-18.1M-156.5K0.2463.35N/AN/A1,88745178,62214,109
2025-01-07$10.16$10.0037.9%10.7%36.1%28.7%28.0%12.6%2.5%677.9K-20.0M-158.5K0.2477.46N/AN/A1,28231078,89213,792
2025-01-08$10.18$10.0035.8%10.6%35.5%25.3%36.8%12.5%3.4%713.2K-20.1M-157.6K0.0286.97N/AN/A8642078,67713,658
2025-01-10$10.23$10.0045.5%10.8%34.1%41.1%37.8%-0.4%3.1%659.4K-21.7M-162.7K0.4979.96N/AN/A1,72284778,71813,665
2025-01-13$10.18$10.0047.3%11.1%34.2%44.1%37.7%11.9%5.9%734.8K-19.6M-145.7K0.1778.81N/AN/A1,10919079,31913,524
2025-01-14$10.25$10.0048.3%11.3%34.0%45.7%40.4%-0.6%2.1%730.0K-21.3M-153.4K0.0379.49N/AN/A7682179,28513,639
2025-01-15$10.29$10.0036.4%10.4%33.4%26.4%36.6%15.3%4.1%750.1K-22.9M-161.0K0.0779.03N/AN/A1,4379579,45713,644
2025-01-16$10.16$10.0035.1%10.1%30.4%24.2%35.3%6.7%8.5%810.2K-19.1M-142.5K0.0857.50N/AN/A1,85215178,97913,696
2025-01-17$10.13$10.0036.3%10.4%30.2%26.2%37.0%103.4%4.3%1.0M-20.8M-142.8K0.0577.79N/AN/A2,53112080,25813,649
2025-01-21$10.07$10.0034.5%9.9%25.7%23.3%33.9%116.4%4.5%405.0K-16.3M-155.9K0.0970.76N/AN/A1,63214051,0059,820
2025-01-22$10.09$10.0033.4%9.6%24.8%21.5%33.5%12.2%5.6%412.4K-16.3M-157.6K0.0470.25N/AN/A2,44810051,1659,959
2025-01-23$9.93$10.0034.8%10.0%26.0%23.8%34.8%14.2%5.6%383.3K-14.1M-141.7K0.8072.08N/AN/A30624550,95110,015
2025-01-24$9.79$10.0032.4%9.3%26.6%19.9%32.4%13.4%7.0%392.3K-13.5M-147.6K0.0770.20N/AN/A1,2639451,10410,124
2025-01-27$9.59$10.0037.4%10.7%27.0%27.9%37.4%3.1%3.9%355.4K-11.9M-138.2K0.1558.94N/AN/A1,05915751,44210,137
2025-01-28$9.48$10.0036.2%10.4%26.3%26.0%36.3%2.5%4.9%335.8K-10.8M-132.1K0.0159.06N/AN/A2,1732751,32610,279
2025-01-29$9.57$10.0035.4%10.1%26.3%24.7%35.8%13.1%10.7%344.8K-11.2M-133.0K0.1059.07N/AN/A1,67316551,09310,294
2025-01-30$9.45$10.0034.2%9.8%26.4%22.8%33.7%-0.5%8.9%329.3K-11.5M-134.5K0.0771.73N/AN/A1,45910551,89310,328
2025-01-31$9.27$10.0039.9%11.4%24.2%31.9%40.5%-1.2%-1.3%318.8K-9.7M-128.3K0.0366.98N/AN/A9812553,03110,263