VIK Options History — January 2025

In January 2025, VIK traded between $42.56 and $51.48. ATM implied volatility averaged 31.6%, placing in the 12.4% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded below realized volatility by 3.9% (HV 20d: 35.4%). Max pain ranged from $40.00 to $50.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 1.14.

Notable Days

  • 2025-01-28: Highest Volume — 4,996 contracts
  • 2025-01-07: Largest IV drop — 23.6% change
  • 2025-01-28: Highest IV Rank — 28.1%
  • 2025-01-28: Largest Expected Move — 11.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.21$42.56$51.48$43.64$50.56
Max Pain$42.50$40.00$50.00$40.00$50.00
ATM IV31.6%23.9%39.5%31.2%37.2%
Expected Move9.3%8.2%11.3%9.0%10.7%
HV 20d35.4%28.2%43.4%39.1%30.5%
HV 60d31.8%30.7%33.3%30.7%33.3%
IV Rank12.4%0.0%28.1%4.2%24.0%
IV Percentile14.6%0.0%53.4%6.3%41.2%
Term Structure4.2%-0.4%10.7%0.4%1.6%
VWIV33.0%29.2%40.1%29.5%37.1%
Skew 25d2.8%1.0%3.9%1.7%3.8%
Skew 10d8.8%-0.7%30.1%-0.7%15.2%
Call IV 25d32.2%28.4%37.7%33.5%35.2%
Put IV 25d35.0%31.3%40.8%35.2%39.0%
Bid-Ask Spread %65.7239.4077.1147.8466.65
Gamma HHI0.470.280.740.620.37
Net GEX935.2K218.4K2.3M1.8M372.7K
Net DEX-40.7M-83.3M-13.4M-59.6M-19.1M
Net VEX-64.8K-87.0K-52.6K-75.6K-83.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.140.014.920.370.26
Total Volume973.65824,996249387
Total OI18,626.959,20425,34823,19415,241

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$43.64$40.0031.2%9.0%39.1%4.2%29.5%1.7%0.4%1.8M-59.6M-75.6K0.3747.84N/AN/A1826720,5122,682
2025-01-03$42.65$40.0029.2%8.4%39.0%0.1%30.4%2.2%1.7%2.3M-53.4M-74.5K3.8139.40N/AN/A3371,28420,5322,666
2025-01-06$43.15$40.0031.2%9.1%39.4%4.2%33.4%1.0%4.6%1.9M-56.4M-72.5K1.6274.34N/AN/A20433120,5343,723
2025-01-07$42.56$40.0023.9%9.1%39.4%0.0%31.2%2.5%5.0%2.2M-52.2M-73.3K1.4257.16N/AN/A7410520,5604,150
2025-01-08$42.70$40.0027.6%9.2%38.2%6.7%29.2%2.6%4.6%2.0M-54.1M-68.4K2.2366.60N/AN/A306720,5694,167
2025-01-10$43.48$40.0032.7%9.5%38.7%15.8%33.4%3.5%4.1%1.4M-59.6M-65.5K0.5664.32N/AN/A1448120,5834,189
2025-01-13$42.97$40.0028.3%9.3%36.8%7.9%33.3%3.0%5.1%1.7M-56.6M-60.3K0.6567.88N/AN/A785120,6774,131
2025-01-14$43.45$40.0033.4%9.5%37.2%17.1%34.4%1.8%4.4%660.3K-61.2M-55.0K0.6773.46N/AN/A493320,6924,165
2025-01-15$44.37$40.0029.7%8.5%38.1%10.4%29.9%3.8%6.4%604.6K-65.7M-53.1K0.3069.89N/AN/A2357020,6984,167
2025-01-16$44.99$40.0029.4%8.4%38.4%9.9%29.7%2.5%7.0%1.2M-69.7M-52.6K0.0574.81N/AN/A6873720,6854,149
2025-01-17$47.57$40.0028.7%8.2%43.4%8.7%29.3%2.9%5.0%267.4K-83.3M-58.3K0.0577.11N/AN/A2,85815221,1944,154
2025-01-21$48.34$40.0030.9%8.9%35.8%12.7%33.0%3.2%4.2%309.2K-14.4M-54.0K0.2763.53N/AN/A8422285,7743,430
2025-01-22$47.88$40.0029.9%8.6%35.8%10.9%34.1%3.1%4.5%324.6K-14.2M-53.8K2.7667.48N/AN/A4161,1505,9433,582
2025-01-23$48.37$45.0030.4%8.7%30.7%11.7%31.9%3.4%4.6%258.3K-14.2M-55.1K0.2070.47N/AN/A159325,8393,651
2025-01-24$49.05$45.0029.9%8.6%29.9%10.9%30.3%1.8%5.3%277.0K-15.3M-54.4K0.0166.19N/AN/A45055,8453,678
2025-01-27$48.45$45.0032.9%9.4%30.5%16.2%34.2%3.8%3.5%247.0K-13.9M-53.8K1.9964.14N/AN/A1563105,8133,680
2025-01-28$48.70$45.0039.5%11.3%30.5%28.1%40.1%3.1%-0.4%218.4K-13.4M-58.5K4.9268.18N/AN/A8444,1525,8053,957
2025-01-29$49.90$50.0037.4%10.7%28.2%24.3%39.1%3.9%10.7%358.6K-17.4M-87.0K0.4175.38N/AN/A1,3745588,7896,820
2025-01-30$51.48$50.0037.8%10.8%29.1%25.0%36.8%3.3%1.2%351.9K-21.3M-86.8K0.2859.56N/AN/A9802748,5296,584
2025-01-31$50.56$50.0037.2%10.7%30.5%24.0%37.1%3.8%1.6%372.7K-19.1M-83.8K0.2666.65N/AN/A308798,5246,717