VICE Options History — March 2025

In March 2025, VICE traded between $31.46 and $33.13. ATM implied volatility averaged 31.7%, placing in the 17.0% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 14.4% (HV 20d: 17.4%). Max pain ranged from $32.00 to $35.00. Net GEX was positive for 3 of 21 trading days. Term structure was in contango for 0 of 21 days.

Notable Days

  • 2025-03-05: Highest Volume — 15 contracts
  • 2025-03-11: Largest IV drop — 26.3% change
  • 2025-03-10: Highest IV Rank — 36.4%
  • 2025-03-11: Largest Expected Move — 16.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.07$31.46$33.13$32.88$31.46
Max Pain$33.43$32.00$35.00$35.00$32.00
ATM IV31.7%27.1%43.0%33.9%37.5%
Expected Move9.3%6.5%16.4%9.7%7.6%
HV 20d17.4%13.6%19.6%13.6%19.2%
HV 60d16.7%16.0%18.2%16.1%16.3%
IV Rank17.0%9.0%36.4%20.7%26.9%
IV Percentile49.7%18.7%86.5%65.9%78.6%
Term Structure-6.0%-11.8%-3.0%-8.9%-11.6%
Skew 25d3.1%0.7%5.9%0.7%1.5%
Skew 10d-1.7%-5.5%6.8%6.8%-5.5%
Call IV 25d23.8%19.5%38.4%38.4%27.7%
Put IV 25d26.9%22.9%39.1%39.1%29.1%
Bid-Ask Spread %164.39158.94167.71162.25165.61
Gamma HHI0.730.551.000.611.00
Net GEX-579-1.1K930838-1.1K
Net DEX12.3K-8.8K19.5K-8.5K19.5K
Net VEX-117-143-21-23-124
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.71401500
Total OI18.429722717

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$32.88$35.0033.9%9.7%13.6%20.7%0.0%0.7%-8.9%838-8.5K-230.00162.25N/AN/A0070
2025-03-04$32.95$35.0034.0%9.7%13.6%20.8%0.0%4.6%-8.2%886-8.4K-220.00162.77N/AN/A0070
2025-03-05$33.13$35.0034.9%10.0%13.6%22.4%0.0%3.4%-3.1%930-8.8K-210.00162.36N/AN/A01570
2025-03-06$32.59$35.0038.1%10.9%14.5%28.0%0.0%4.6%-3.1%-54010.5K-1430.00163.96N/AN/A00715
2025-03-07$32.55$35.0035.6%10.2%13.9%23.6%0.0%2.1%-3.0%-57710.8K-1420.00158.94N/AN/A00715
2025-03-10$31.69$35.0043.0%12.3%16.6%36.4%0.0%5.9%-4.1%-66015.9K-1410.00164.78N/AN/A00715
2025-03-11$32.08$35.0031.7%16.4%17.1%16.8%0.0%4.7%-11.8%-65013.2K-1410.00167.71N/AN/A00715
2025-03-12$32.04$35.0027.1%12.7%17.1%9.0%0.0%5.2%-4.1%-66914.5K-1390.00163.75N/AN/A00715
2025-03-13$31.46$35.0029.3%14.5%17.7%12.8%0.0%0.8%-4.1%-67017.2K-1370.00165.04N/AN/A00715
2025-03-14$31.91$35.0027.3%13.6%17.7%9.3%0.0%3.9%-4.4%-65915.2K-1370.00164.12N/AN/A00715
2025-03-17$32.37$32.0028.9%6.8%18.0%12.1%0.0%3.2%-4.9%-65312.7K-1340.00164.19N/AN/A00715
2025-03-18$31.75$32.0027.8%6.7%18.9%10.1%0.0%3.2%-4.0%-71716.5K-1330.00164.24N/AN/A00715
2025-03-19$31.86$32.0027.8%6.6%18.9%10.2%0.0%2.8%-5.3%-48516.2K-1320.00165.74N/AN/A00715
2025-03-20$31.79$32.0027.6%6.6%18.9%9.9%0.0%1.3%-5.0%-73616.4K-1310.00164.72N/AN/A00715
2025-03-21$31.51$32.0029.7%6.6%18.8%13.4%0.0%2.7%-5.8%-1.1K19.0K-1290.00165.44N/AN/A00715
2025-03-24$31.98$32.0029.0%6.6%19.6%12.3%0.0%2.6%-6.0%-1.1K17.0K-1280.00165.30N/AN/A00215
2025-03-25$31.97$32.0028.9%6.5%19.6%12.0%0.0%2.7%-5.9%-1.1K17.0K-1270.00164.92N/AN/A00215
2025-03-26$31.90$32.0030.8%6.7%19.0%15.3%0.0%2.7%-6.8%-1.1K17.4K-1270.00165.01N/AN/A00215
2025-03-27$32.05$32.0030.6%6.8%18.8%15.0%0.0%3.1%-7.4%-1.1K16.7K-1260.00165.41N/AN/A00215
2025-03-28$31.55$32.0033.2%6.9%19.4%19.5%0.0%2.7%-7.7%-1.1K19.0K-1250.00165.91N/AN/A00215
2025-03-31$31.46$32.0037.5%7.6%19.2%26.9%0.0%1.5%-11.6%-1.1K19.5K-1240.00165.61N/AN/A00215