VET Options History — April 2025

In April 2025, VET traded between $5.37 and $8.20. ATM implied volatility averaged 57.0%, placing in the 46.8% IV rank vs the trailing year. The 30-day expected move averaged 15.5%. IV traded below realized volatility by 58.8% (HV 20d: 115.7%). Max pain ranged from $5.00 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.20.

Notable Days

  • 2025-04-07: Highest Volume — 6,406 contracts
  • 2025-04-03: Largest IV spike — 117.5% change
  • 2025-04-07: Highest IV Rank — 100.0%
  • 2025-04-07: Largest Expected Move — 23.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.45$5.37$8.20$8.00$6.01
Max Pain$7.50$5.00$10.00$10.00$5.00
ATM IV57.0%23.2%108.0%38.9%49.5%
Expected Move15.5%9.3%23.0%12.5%14.2%
HV 20d115.7%49.9%135.6%49.9%135.6%
HV 60d75.4%40.7%86.7%40.7%86.7%
IV Rank46.8%7.0%100.0%42.7%33.5%
IV Percentile80.9%2.0%100.0%59.9%88.5%
Term Structure-6.7%-37.8%19.8%5.4%0.4%
VWIV55.1%35.0%72.3%43.8%50.3%
Skew 25d4.7%-20.4%46.6%2.4%5.3%
Skew 10d40.9%-17.0%157.6%156.4%6.3%
Call IV 25d53.1%28.9%71.8%37.6%43.0%
Put IV 25d57.8%27.5%97.4%40.0%48.3%
Bid-Ask Spread %39.725.4460.8356.4035.79
Gamma HHI0.210.190.250.240.20
Net GEX175.7K110.2K303.4K292.2K145.9K
Net DEX-5.9M-11.6M-1.4M-10.6M-4.1M
Net VEX-87.0K-131.7K-63.7K-130.9K-72.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.001.220.670.01
Total Volume2,033.6672686,406538531
Total OI93,104.90588,61996,08789,13093,131

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$8.00$10.0038.9%12.5%49.9%42.7%43.8%2.4%5.4%292.2K-10.6M-130.9K0.6756.40N/AN/A32221678,10411,026
2025-04-02$8.20$10.0023.2%10.5%50.2%7.0%0.0%-1.3%-5.1%303.4K-11.6M-131.7K0.0156.98N/AN/A783578,09510,755
2025-04-03$7.31$10.0050.5%13.3%65.1%69.3%46.4%5.4%-2.6%228.2K-6.7M-109.9K0.1934.84N/AN/A2,17842277,87810,741
2025-04-04$6.12$7.5057.3%15.4%90.0%84.8%50.5%-20.4%-31.0%126.0K-1.4M-66.7K0.4440.57N/AN/A3,7451,66579,30610,557
2025-04-07$6.03$7.50108.0%23.0%89.7%100.0%69.2%12.7%-9.7%153.3K-4.0M-84.3K0.1139.99N/AN/A5,76264481,2849,832
2025-04-08$5.37$7.50100.3%16.4%93.7%91.3%45.7%46.6%-3.8%110.2K-1.7M-63.7K0.5860.83N/AN/A2,8381,63982,66810,255
2025-04-09$6.63$7.5057.7%16.5%122.2%42.7%57.9%17.8%-4.2%184.5K-6.0M-86.4K0.1343.96N/AN/A3,82350783,56111,306
2025-04-10$5.67$7.5071.9%20.6%130.0%59.0%72.3%5.7%-3.8%114.8K-3.0M-71.8K0.1241.37N/AN/A4,45254082,52610,952
2025-04-11$6.09$7.5077.3%22.2%132.3%65.1%70.9%11.5%-12.8%160.2K-5.8M-86.1K0.1144.15N/AN/A1,97522184,79810,810
2025-04-14$6.30$7.5058.2%16.7%132.9%43.3%59.1%12.2%-5.4%161.9K-5.8M-80.8K0.0148.48N/AN/A417484,98410,667
2025-04-15$6.13$7.5071.4%20.5%132.9%58.4%0.0%0.3%-8.8%160.5K-5.7M-84.9K0.1448.57N/AN/A1,18716384,96810,667
2025-04-16$6.33$7.5057.9%16.6%133.5%42.9%59.1%10.5%-3.3%168.1K-6.4M-85.2K1.2219.28N/AN/A33941385,13910,562
2025-04-17$6.50$7.5057.5%16.5%133.5%42.5%58.0%15.8%-5.6%177.3K-7.2M-89.8K0.1435.73N/AN/A82711985,26510,822
2025-04-21$6.34$7.5058.8%16.8%133.6%44.0%65.3%11.1%-26.9%165.9K-6.5M-85.9K0.095.44N/AN/A3062983,8609,578
2025-04-22$6.53$7.5056.4%16.2%134.2%41.3%56.5%-12.0%-3.0%176.3K-6.8M-82.7K0.1242.60N/AN/A84510283,9339,604
2025-04-23$6.39$7.5032.8%9.4%134.1%14.4%46.4%1.5%19.8%168.7K-6.3M-79.9K0.0634.53N/AN/A2651584,2029,704
2025-04-24$6.34$7.5052.0%14.9%134.0%36.3%65.4%-19.5%-37.8%174.3K-6.4M-83.7K0.0342.52N/AN/A3791084,2529,522
2025-04-25$6.42$7.5032.3%9.3%134.4%13.9%40.4%2.5%-6.8%177.6K-6.5M-83.9K0.0133.76N/AN/A4,4145084,0969,566
2025-04-28$6.42$5.0050.4%14.5%134.4%34.5%35.0%-15.8%-13.7%174.4K-5.9M-85.9K0.0634.31N/AN/A2541483,4529,616
2025-04-29$6.39$5.0034.2%9.8%134.4%16.0%54.5%7.2%18.2%166.6K-5.3M-80.7K0.0033.90N/AN/A286183,5299,630
2025-04-30$6.01$5.0049.5%14.2%135.6%33.5%50.3%5.3%0.4%145.9K-4.1M-72.4K0.0135.79N/AN/A524783,5009,631