VET Options History — November 2025

In November 2025, VET traded between $7.36 and $9.29. ATM implied volatility averaged 46.1%, placing in the 28.2% IV rank vs the trailing year. The 30-day expected move averaged 13.6%. IV traded above realized volatility by 2.3% (HV 20d: 43.8%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.41.

Notable Days

  • 2025-11-18: Highest Volume — 4,036 contracts
  • 2025-11-10: Largest IV spike — 46.9% change
  • 2025-11-12: Highest IV Rank — 42.7%
  • 2025-11-12: Largest Expected Move — 16.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.60$7.36$9.29$7.47$9.29
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV46.1%27.7%58.6%48.7%41.9%
Expected Move13.6%8.6%16.8%14.0%12.0%
HV 20d43.8%38.1%49.5%38.1%49.5%
HV 60d44.3%39.8%47.4%40.2%47.4%
IV Rank28.2%6.9%42.7%31.2%23.4%
IV Percentile57.5%1.6%95.2%69.8%35.7%
Term Structure-1.7%-11.1%10.3%-11.1%-0.1%
VWIV49.7%28.4%133.2%133.2%43.0%
Skew 25d43.4%-16.2%195.5%48.7%190.0%
Skew 10d85.4%-13.6%292.1%89.4%254.8%
Call IV 25d52.0%39.6%99.6%50.4%49.2%
Put IV 25d95.4%31.8%295.1%99.2%239.3%
Bid-Ask Spread %71.8142.5899.7290.7664.57
Gamma HHI0.420.380.510.380.51
Net GEX290.3K133.2K393.3K175.5K379.2K
Net DEX-11.7M-19.8M-2.6M-4.0M-19.8M
Net VEX-43.4K-51.5K-30.9K-38.4K-42.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.001.980.440.01
Total Volume1,170.5791084,0363291,176
Total OI85,103.26381,61689,46881,61689,468

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$7.47$7.5048.7%14.0%38.1%31.2%133.2%48.7%-11.1%175.5K-4.0M-38.4K0.4490.76N/AN/A22910071,6599,957
2025-11-04$7.36$7.5053.9%15.5%38.2%37.3%53.9%161.1%-4.8%167.1K-3.5M-36.8K0.8280.11N/AN/A13811371,84510,033
2025-11-05$7.42$7.5054.0%15.5%38.5%37.3%54.0%8.4%-4.3%133.2K-2.6M-30.9K0.0166.53N/AN/A1,6612071,87710,120
2025-11-06$7.99$7.5048.6%14.0%47.0%31.1%48.7%54.4%-3.1%218.3K-6.6M-40.4K1.0782.10N/AN/A60364471,89410,120
2025-11-07$8.34$7.5027.7%13.7%42.4%6.9%47.7%0.5%0.7%247.5K-8.8M-44.6K0.4685.38N/AN/A64529972,07210,729
2025-11-10$8.66$7.5040.7%15.5%43.9%21.9%47.2%17.4%-8.3%281.4K-10.4M-43.3K1.9863.77N/AN/A6861,35772,12810,924
2025-11-11$9.07$7.5049.1%12.4%43.4%31.7%50.0%9.7%0.7%346.0K-13.4M-49.6K0.1342.58N/AN/A2,58834072,20311,248
2025-11-12$8.84$7.5058.6%16.8%45.2%42.7%48.4%-5.0%-7.6%306.6K-12.0M-48.9K0.6578.12N/AN/A22314472,88311,339
2025-11-13$8.68$7.5048.9%14.0%42.9%31.5%48.8%6.4%-4.5%289.0K-10.8M-47.6K0.0680.49N/AN/A3552073,11711,422
2025-11-14$8.93$7.5051.3%14.7%43.0%34.2%48.6%18.9%4.4%330.7K-12.5M-48.1K0.0499.72N/AN/A4221772,80411,402
2025-11-17$8.77$7.5053.0%15.2%44.1%36.2%49.5%-4.0%-4.5%292.0K-11.3M-45.6K0.6375.26N/AN/A16510472,52311,417
2025-11-18$9.16$7.5050.2%14.4%44.8%33.0%33.1%-16.2%-6.0%346.2K-13.9M-48.2K0.0776.66N/AN/A3,78325372,59911,419
2025-11-19$9.23$7.5046.3%13.3%44.7%28.5%46.4%12.1%-0.6%393.3K-17.2M-51.5K0.1366.04N/AN/A4816375,85811,622
2025-11-20$9.04$7.5038.6%11.1%45.2%19.4%44.8%-9.9%1.8%361.9K-15.7M-50.5K0.4251.04N/AN/A55123075,68811,685
2025-11-21$8.95$7.5047.5%13.6%45.4%29.9%39.5%-14.4%-4.1%354.4K-14.6M-45.3K0.0369.24N/AN/A3,76313175,59911,624
2025-11-24$8.89$7.5055.9%16.0%45.0%39.5%43.4%-2.4%2.3%385.4K-16.0M-39.4K0.0076.51N/AN/A364177,97111,067
2025-11-25$8.64$7.5029.9%8.6%45.4%9.5%28.4%195.5%6.8%248.2K-14.4M-35.0K0.4966.82N/AN/A31115378,01511,168
2025-11-26$8.71$7.5030.7%8.8%45.3%10.4%35.6%153.2%10.3%260.1K-15.0M-36.8K0.2948.76N/AN/A842478,22411,239
2025-11-28$9.29$7.5041.9%12.0%49.5%23.4%43.0%190.0%-0.1%379.2K-19.8M-42.9K0.0164.57N/AN/A1,170678,23111,237