VET Options History — September 2025

In September 2025, VET traded between $7.30 and $8.55. ATM implied volatility averaged 45.4%, placing in the 27.4% IV rank vs the trailing year. The 30-day expected move averaged 13.0%. IV traded above realized volatility by 11.5% (HV 20d: 33.9%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 1.06.

Notable Days

  • 2025-09-24: Highest Volume — 2,190 contracts
  • 2025-09-29: Largest IV spike — 55.0% change
  • 2025-09-29: Highest IV Rank — 32.6%
  • 2025-09-29: Largest Expected Move — 14.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.74$7.30$8.55$7.71$7.79
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV45.4%32.2%49.9%47.0%47.1%
Expected Move13.0%9.2%14.3%13.5%13.5%
HV 20d33.9%26.6%46.0%29.5%46.0%
HV 60d34.4%32.4%37.7%35.5%37.7%
IV Rank27.4%12.0%32.6%29.3%29.3%
IV Percentile62.3%4.4%81.0%68.7%66.7%
Term Structure0.7%-4.1%32.3%-1.5%1.4%
VWIV45.1%20.2%50.1%47.0%46.8%
Skew 25d74.9%4.9%145.9%4.9%17.9%
Skew 10d154.9%13.0%240.5%13.0%47.8%
Call IV 25d39.9%23.7%60.5%48.0%42.1%
Put IV 25d114.9%46.5%195.5%52.9%60.0%
Bid-Ask Spread %54.2939.5779.5160.0662.31
Gamma HHI0.300.260.350.280.35
Net GEX223.5K183.1K292.0K230.3K221.4K
Net DEX-9.1M-14.4M-5.8M-9.9M-5.8M
Net VEX-52.2K-63.0K-44.7K-56.7K-50.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.060.0315.0815.080.21
Total Volume608.524492,190193837
Total OI83,711.42978,55685,40684,88379,127

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$7.71$7.5047.0%13.5%29.5%29.3%47.0%4.9%-1.5%230.3K-9.9M-56.7K15.0860.06N/AN/A1218175,4359,448
2025-09-03$7.50$7.5044.0%12.6%30.7%25.7%44.0%145.9%0.9%217.5K-8.4M-58.5K1.0944.58N/AN/A576275,4379,590
2025-09-04$7.50$7.5043.2%13.0%30.5%24.8%45.4%129.6%-1.5%213.7K-8.4M-57.0K0.3139.77N/AN/A642075,4089,626
2025-09-05$7.30$7.5043.5%12.8%31.7%25.2%50.1%79.4%-0.9%183.1K-7.9M-50.4K0.3377.21N/AN/A1946475,4579,644
2025-09-08$7.37$7.5045.0%13.6%28.6%27.0%47.4%103.6%-4.1%195.5K-7.2M-48.2K0.0341.13N/AN/A239675,5279,686
2025-09-09$7.38$7.5047.5%12.7%26.6%29.9%44.3%126.3%0.3%194.4K-7.4M-48.4K1.3345.35N/AN/A212875,4229,690
2025-09-10$7.64$7.5044.0%12.6%29.1%25.8%44.0%82.8%-1.0%215.2K-8.8M-49.2K0.0379.51N/AN/A6512175,4369,676
2025-09-11$7.38$7.5045.5%13.0%31.8%27.5%45.5%108.1%-1.3%196.6K-7.3M-47.3K0.0841.15N/AN/A64575,0629,696
2025-09-12$7.41$7.5045.8%13.1%31.8%27.8%45.8%109.0%-3.2%196.3K-7.1M-45.6K0.1639.76N/AN/A4016575,0519,701
2025-09-15$7.54$7.5045.2%13.0%32.0%27.2%45.2%105.5%-0.6%210.7K-8.2M-47.4K0.8145.06N/AN/A26221275,2309,763
2025-09-16$7.80$7.5046.4%13.3%33.7%28.6%46.4%78.3%-3.0%229.7K-10.1M-52.4K0.1162.88N/AN/A5576075,3919,857
2025-09-17$7.80$7.5047.2%13.5%33.5%29.5%47.2%83.4%-1.6%227.2K-10.0M-51.6K0.6042.32N/AN/A17810675,4259,897
2025-09-18$7.83$7.5046.0%13.2%33.5%28.1%46.0%78.8%-1.5%226.7K-10.3M-51.2K0.6639.57N/AN/A1026775,4439,963
2025-09-19$7.54$7.5043.5%12.5%36.4%25.2%43.5%128.2%0.9%231.9K-8.0M-44.7K0.0563.25N/AN/A7844175,4329,968
2025-09-22$7.75$7.5047.6%13.7%33.8%30.0%47.6%114.1%-1.2%214.0K-8.7M-49.1K0.3358.95N/AN/A60819872,0778,624
2025-09-23$8.07$7.5046.3%13.3%36.5%28.4%44.4%17.3%1.7%234.2K-10.9M-53.8K0.1340.21N/AN/A77710272,6668,568
2025-09-24$8.29$7.5049.2%14.1%37.1%31.8%49.3%14.6%-1.9%258.3K-12.4M-57.6K0.6663.97N/AN/A1,31887272,8728,643
2025-09-25$8.23$7.5046.8%13.4%36.9%29.0%46.4%12.5%1.2%258.2K-12.2M-59.4K0.1169.25N/AN/A7107573,5799,062
2025-09-26$8.55$7.5032.2%9.2%38.8%12.0%20.2%22.9%32.3%292.0K-14.4M-63.0K0.2061.70N/AN/A1,18923773,6909,115
2025-09-29$8.11$7.5049.9%14.3%43.7%32.6%49.9%10.7%-1.2%246.7K-7.4M-55.1K0.0562.12N/AN/A1,2636969,2899,267
2025-09-30$7.79$7.5047.1%13.5%46.0%29.3%46.8%17.9%1.4%221.4K-5.8M-50.6K0.2162.31N/AN/A69414369,8189,309