VET Options History — May 2025

In May 2025, VET traded between $6.05 and $7.08. ATM implied volatility averaged 48.2%, placing in the 32.0% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded below realized volatility by 19.4% (HV 20d: 67.6%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 2.07.

Notable Days

  • 2025-05-09: Highest Volume — 1,448 contracts
  • 2025-05-05: Largest IV spike — 40.3% change
  • 2025-05-07: Highest IV Rank — 79.2%
  • 2025-05-05: Largest Expected Move — 16.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.49$6.05$7.08$6.21$6.46
Max Pain$7.26$5.00$7.50$5.00$7.50
ATM IV48.2%35.7%89.7%51.9%47.3%
Expected Move12.5%9.8%16.9%14.9%13.6%
HV 20d67.6%44.8%135.9%135.9%44.9%
HV 60d87.8%86.8%88.7%86.9%87.0%
IV Rank32.0%17.7%79.2%36.1%30.9%
IV Percentile73.7%41.7%99.2%92.1%81.7%
Term Structure0.2%-24.1%17.3%2.4%-12.7%
VWIV45.1%33.8%56.8%56.1%56.8%
Skew 25d-1.0%-15.4%17.3%6.0%-15.4%
Skew 10d4.7%-26.3%49.0%7.6%-15.0%
Call IV 25d47.1%39.4%56.2%46.3%56.2%
Put IV 25d46.1%31.9%68.7%52.3%40.8%
Bid-Ask Spread %38.467.4456.1256.1230.36
Gamma HHI0.210.200.220.200.21
Net GEX171.3K147.0K221.0K159.5K171.6K
Net DEX-5.7M-8.8M-4.4M-5.0M-5.5M
Net VEX-75.6K-90.0K-68.3K-80.1K-72.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.070.0037.5037.500.49
Total Volume569.095411,44877514
Total OI93,846.90592,57495,02693,58694,173

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-05-01$6.21$5.0051.9%14.9%135.9%36.1%0.0%6.0%2.4%159.5K-5.0M-80.1K37.5056.12N/AN/A27583,9499,637
2025-05-02$6.30$5.0040.7%11.7%130.8%23.4%56.1%14.7%15.1%166.5K-5.3M-80.6K0.0254.80N/AN/A1,3273383,9509,562
2025-05-05$6.05$7.5057.2%16.9%115.3%42.1%0.0%-1.0%-5.9%149.4K-4.4M-72.3K0.6655.70N/AN/A41927783,3949,536
2025-05-06$6.25$7.5066.1%13.9%115.7%52.4%34.7%8.0%17.3%162.2K-5.1M-77.5K0.1348.16N/AN/A1,10614083,5849,325
2025-05-07$6.12$7.5089.7%15.8%107.5%79.2%53.5%4.9%3.3%151.5K-4.6M-73.9K0.0253.72N/AN/A5581083,1779,397
2025-05-08$6.29$7.5057.8%10.4%76.6%42.8%33.8%-11.3%3.4%147.0K-4.6M-68.3K0.0826.09N/AN/A6375483,4829,387
2025-05-09$6.39$7.5046.8%9.8%50.7%30.3%37.2%-8.6%6.6%154.3K-5.0M-70.2K0.0726.13N/AN/A1,3579184,0309,441
2025-05-12$6.63$7.5056.8%12.7%46.1%41.7%44.5%0.5%2.9%177.2K-6.5M-78.1K0.9048.43N/AN/A36833084,9359,447
2025-05-13$7.08$7.5040.2%12.0%50.0%22.8%41.7%8.6%3.3%212.8K-8.5M-88.7K0.0049.40N/AN/A994484,9839,718
2025-05-14$7.08$7.5041.2%11.8%48.5%24.0%41.3%7.1%5.2%221.0K-8.8M-90.0K0.0446.10N/AN/A6222285,3009,722
2025-05-15$6.76$7.5042.7%12.2%51.1%25.7%42.8%3.9%4.4%183.4K-6.6M-78.5K1.2145.95N/AN/A475785,3249,702
2025-05-16$6.70$7.5039.0%11.2%50.5%21.5%37.9%0.5%1.1%179.4K-6.5M-78.9K1.3352.76N/AN/A668885,3159,707
2025-05-19$6.47$7.5038.3%11.0%51.3%20.7%46.2%-7.3%-2.9%168.0K-5.2M-72.7K0.0111.39N/AN/A8231084,5688,952
2025-05-20$6.54$7.5035.7%10.2%50.3%17.7%43.2%-5.1%0.3%174.2K-5.9M-76.8K0.0428.14N/AN/A3011384,5908,962
2025-05-21$6.46$7.5047.9%13.7%49.9%31.5%46.9%17.3%-2.2%167.9K-5.3M-72.1K0.117.44N/AN/A1922284,7508,976
2025-05-22$6.38$7.5041.2%11.8%50.0%24.0%41.6%-10.0%-1.7%166.2K-5.2M-73.3K0.2028.98N/AN/A3477084,8708,997
2025-05-23$6.41$7.5051.3%14.7%49.9%35.5%49.6%-11.8%-24.1%166.9K-5.2M-71.5K0.3749.76N/AN/A36013484,7029,029
2025-05-27$6.54$7.5040.6%11.6%50.4%23.3%50.3%-12.1%0.1%171.7K-5.4M-70.2K0.0329.36N/AN/A264984,9039,074
2025-05-28$6.54$7.5041.5%11.9%50.3%24.3%51.3%-0.7%-6.7%170.2K-5.5M-70.8K0.2129.23N/AN/A1382985,0099,077
2025-05-29$6.64$7.5039.1%11.2%44.8%21.6%48.3%-8.7%-5.7%177.0K-5.8M-70.4K0.0829.56N/AN/A38385,0619,088
2025-05-30$6.46$7.5047.3%13.6%44.9%30.9%56.8%-15.4%-12.7%171.6K-5.5M-72.5K0.4930.36N/AN/A34417085,0829,091