VET Options History — March 2025

In March 2025, VET traded between $7.33 and $8.32. ATM implied volatility averaged 44.6%, placing in the 49.6% IV rank vs the trailing year. The 30-day expected move averaged 12.7%. IV traded below realized volatility by 9.9% (HV 20d: 54.5%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.30.

Notable Days

  • 2025-03-11: Highest Volume — 7,865 contracts
  • 2025-03-31: Largest IV spike — 61.1% change
  • 2025-03-11: Highest IV Rank — 68.2%
  • 2025-03-05: Largest Expected Move — 17.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.92$7.33$8.32$7.69$8.13
Max Pain$8.38$7.50$10.00$7.50$10.00
ATM IV44.6%24.5%59.2%56.0%41.6%
Expected Move12.7%6.8%17.0%16.0%13.2%
HV 20d54.5%44.7%61.6%46.7%49.5%
HV 60d40.7%35.9%44.0%36.9%41.8%
IV Rank49.6%9.8%68.2%58.0%48.9%
IV Percentile77.3%2.4%98.4%98.4%73.0%
Term Structure-1.5%-19.9%15.5%-18.4%5.2%
VWIV47.7%41.0%59.1%56.0%45.0%
Skew 25d51.4%-10.7%153.6%12.9%5.3%
Skew 10d124.9%20.5%206.6%20.5%138.8%
Call IV 25d49.0%28.7%142.0%46.1%36.5%
Put IV 25d100.4%36.8%269.5%59.0%41.8%
Bid-Ask Spread %50.5124.88113.7330.9456.33
Gamma HHI0.250.230.270.270.24
Net GEX287.7K238.2K332.2K268.6K301.6K
Net DEX-8.3M-11.5M-3.9M-4.2M-9.9M
Net VEX-121.2K-134.5K-95.7K-95.7K-130.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.300.002.840.510.02
Total Volume2,277.1432887,8655,0081,182
Total OI94,174.52482,658102,56682,65889,494

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$7.69$7.5056.0%16.0%46.7%58.0%56.0%12.9%-18.4%268.6K-4.2M-95.7K0.5130.94N/AN/A3,3211,68772,20010,458
2025-03-04$7.72$7.5055.1%15.8%46.3%56.7%55.1%12.8%-8.1%238.2K-3.9M-105.1K0.1228.74N/AN/A4,22751571,39111,978
2025-03-05$7.62$7.5059.2%17.0%44.7%63.2%59.1%66.6%-3.5%255.4K-4.6M-109.4K0.0624.88N/AN/A4,67529274,78811,826
2025-03-06$7.45$7.5045.5%13.0%44.9%41.0%45.5%97.4%1.2%271.9K-5.2M-106.9K0.2428.94N/AN/A5,1181,23378,16611,879
2025-03-07$7.56$7.5048.6%13.9%45.7%46.1%48.6%90.1%0.5%287.7K-6.5M-114.8K0.3827.10N/AN/A30711781,99712,326
2025-03-10$7.33$7.5052.1%14.9%45.9%51.7%52.1%102.0%-1.8%265.4K-5.3M-108.9K0.0831.03N/AN/A2,69620381,96312,092
2025-03-11$7.75$7.5050.0%16.1%47.7%68.2%56.0%81.5%-4.3%298.6K-8.3M-119.4K0.0228.61N/AN/A7,74711883,49812,173
2025-03-12$8.16$7.5049.0%12.6%51.4%65.8%53.8%31.3%-4.0%332.2K-11.5M-133.7K0.1525.32N/AN/A2,56539189,18011,947
2025-03-13$7.46$7.5046.0%13.7%57.7%59.1%48.0%69.5%-1.1%274.8K-6.3M-114.8K0.2029.80N/AN/A1,51929788,41012,292
2025-03-14$7.74$7.5043.9%12.9%60.0%54.1%45.3%82.5%0.8%307.8K-8.1M-121.3K0.2033.04N/AN/A1,34626589,19912,396
2025-03-17$7.88$7.5046.8%12.7%60.7%60.8%42.7%72.7%-2.3%313.0K-9.2M-123.4K0.0265.03N/AN/A1,0342089,64412,651
2025-03-18$7.92$7.5045.3%12.7%60.5%57.4%44.1%60.3%-0.9%287.0K-9.2M-119.1K0.0058.77N/AN/A288089,80612,661
2025-03-19$8.04$7.5041.3%7.2%60.8%48.2%41.2%21.7%-16.1%289.1K-10.0M-128.4K0.6692.60N/AN/A26317389,82712,660
2025-03-20$8.25$0.0044.1%6.8%61.6%54.7%42.1%-8.4%-19.9%291.6K-11.3M-129.7K0.12113.73N/AN/A2,76633189,82812,738
2025-03-21$8.21$10.0043.0%10.3%60.7%52.2%46.6%-10.7%3.7%283.1K-11.0M-130.5K0.0486.39N/AN/A6392789,53513,013
2025-03-24$8.29$10.0042.0%11.6%60.8%49.9%41.0%3.7%-6.1%299.5K-9.9M-131.8K0.1973.03N/AN/A3576976,79812,330
2025-03-25$8.32$10.0024.5%12.2%60.2%9.8%42.5%113.3%15.5%289.1K-10.4M-132.2K2.8461.30N/AN/A20257476,88712,381
2025-03-26$8.32$10.0035.9%11.5%59.8%36.0%0.0%13.6%12.3%311.6K-10.8M-134.5K0.3254.53N/AN/A2849076,95111,995
2025-03-27$8.25$10.0040.9%11.9%59.8%47.4%42.6%7.7%2.4%297.4K-9.6M-127.1K0.0556.28N/AN/A2931477,04712,042
2025-03-28$8.16$10.0025.8%11.5%59.8%12.9%0.0%153.6%13.3%277.9K-9.7M-128.0K0.0354.35N/AN/A5561977,16512,053
2025-03-31$8.13$10.0041.6%13.2%49.5%48.9%45.0%5.3%5.2%301.6K-9.9M-130.0K0.0256.33N/AN/A1,1552777,44812,046