VET Options History — February 2025

In February 2025, VET traded between $8.43 and $9.66. ATM implied volatility averaged 41.6%, placing in the 34.8% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 11.8% (HV 20d: 29.9%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 0.19.

Notable Days

  • 2025-02-07: Highest Volume — 4,915 contracts
  • 2025-02-27: Largest IV spike — 38.1% change
  • 2025-02-24: Highest IV Rank — 48.6%
  • 2025-02-24: Largest Expected Move — 14.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.01$8.43$9.66$9.00$8.43
Max Pain$7.89$7.50$10.00$10.00$7.50
ATM IV41.6%30.1%50.1%42.7%37.1%
Expected Move12.0%8.6%14.4%12.2%10.6%
HV 20d29.9%19.7%35.7%19.7%35.5%
HV 60d34.0%32.1%36.6%34.8%32.1%
IV Rank34.8%16.1%48.6%36.5%27.5%
IV Percentile69.9%12.3%93.7%78.2%58.7%
Term Structure-2.9%-16.4%14.9%-1.8%-7.1%
VWIV44.4%34.1%54.2%44.3%34.1%
Skew 25d-11.4%-22.9%1.6%-10.0%1.6%
Skew 10d-11.8%-29.4%6.4%-12.5%6.4%
Call IV 25d45.9%30.3%54.9%44.1%30.3%
Put IV 25d34.5%29.9%46.9%34.1%31.9%
Bid-Ask Spread %32.4626.0662.0362.0327.22
Gamma HHI0.350.290.390.370.29
Net GEX374.5K299.1K498.9K299.1K312.9K
Net DEX-10.3M-14.7M-7.6M-8.2M-7.6M
Net VEX-126.9K-147.5K-109.0K-120.6K-109.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.190.000.790.110.12
Total Volume1,730.1052474,9151,1702,695
Total OI77,729.63264,67783,82064,67781,200

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$9.00$10.0042.7%12.2%19.7%36.5%44.3%-10.0%-1.8%299.1K-8.2M-120.6K0.1162.03N/AN/A1,05311754,44910,228
2025-02-04$9.23$10.0030.1%8.6%22.1%16.1%36.9%-4.8%6.8%338.2K-9.8M-126.2K0.0062.02N/AN/A3,632756,25510,302
2025-02-05$9.14$10.0033.9%9.7%20.8%22.2%40.1%-8.7%2.4%341.3K-9.5M-126.2K0.0259.80N/AN/A7451359,20410,307
2025-02-06$8.98$7.5041.0%12.6%20.3%33.8%48.1%-16.8%-2.6%328.5K-8.8M-124.1K0.0126.30N/AN/A3,2493559,77410,316
2025-02-07$9.04$7.5039.1%12.4%20.6%30.8%42.4%0.8%-1.1%344.2K-9.4M-127.5K0.0026.88N/AN/A4,915062,59010,340
2025-02-10$9.46$7.5047.3%12.4%27.4%44.1%42.6%-13.7%-2.1%415.0K-12.6M-143.0K0.2226.55N/AN/A4229367,27010,340
2025-02-11$9.66$7.5039.0%12.3%28.7%30.6%42.9%-12.1%-0.1%498.9K-14.7M-147.5K0.1226.06N/AN/A2412968,68610,343
2025-02-12$9.23$7.5043.2%12.4%32.3%37.4%43.1%-14.9%-2.6%417.9K-11.2M-134.9K0.0727.69N/AN/A8275768,75310,372
2025-02-13$9.09$7.5046.0%13.2%32.3%41.9%42.6%-11.8%-4.9%389.0K-10.1M-131.6K0.0427.61N/AN/A2,3708969,27610,429
2025-02-14$9.00$7.5045.1%12.9%32.2%40.4%48.7%-13.5%-2.3%389.5K-9.6M-129.2K0.0226.74N/AN/A4,80610170,31810,473
2025-02-18$9.11$7.5046.9%13.4%32.8%43.4%46.9%-10.5%-5.6%401.4K-11.7M-129.5K0.5628.02N/AN/A30216973,10510,475
2025-02-19$9.16$7.5046.1%13.2%33.1%42.0%46.1%-9.5%-3.0%408.5K-11.9M-131.0K0.3227.48N/AN/A1956273,27810,542
2025-02-20$9.27$7.5041.7%11.9%33.5%34.9%41.6%-5.1%-16.4%424.7K-12.5M-132.3K0.7927.50N/AN/A13810973,40510,326
2025-02-21$8.96$7.5049.5%14.2%34.9%47.6%38.9%-14.0%-7.1%404.0K-11.5M-131.9K0.2927.07N/AN/A76121973,39810,105
2025-02-24$8.84$7.5050.1%14.4%34.9%48.6%50.9%-15.6%-9.0%387.6K-10.9M-126.9K0.1726.99N/AN/A1,24421570,2889,483
2025-02-25$8.61$7.5040.1%11.5%35.3%32.3%49.7%-14.0%-6.9%349.1K-8.8M-114.8K0.4027.01N/AN/A1,24950570,3799,619
2025-02-26$8.43$7.5030.4%8.7%35.7%16.6%54.2%-20.8%14.9%329.2K-7.7M-109.5K0.0726.44N/AN/A1,2028870,26410,077
2025-02-27$8.49$7.5042.0%12.0%35.6%35.4%49.0%-22.9%-7.2%336.0K-8.4M-116.0K0.2427.30N/AN/A74217670,75110,143
2025-02-28$8.43$7.5037.1%10.6%35.5%27.5%34.1%1.6%-7.1%312.9K-7.6M-109.0K0.1227.22N/AN/A2,39829770,96410,236