VIK Options History — March 2025

In March 2025, VIK traded between $39.12 and $47.81. ATM implied volatility averaged 48.2%, placing in the 43.8% IV rank vs the trailing year. The 30-day expected move averaged 13.9%. IV traded above realized volatility by 2.5% (HV 20d: 45.8%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 2.52.

Notable Days

  • 2025-03-11: Highest Volume — 3,657 contracts
  • 2025-03-11: Largest IV drop — 43.2% change
  • 2025-03-10: Highest IV Rank — 99.2%
  • 2025-03-10: Largest Expected Move — 22.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.90$39.12$47.81$47.12$39.94
Max Pain$47.38$45.00$50.00$50.00$45.00
ATM IV48.2%36.8%79.1%63.1%42.9%
Expected Move13.9%10.6%22.7%18.1%11.4%
HV 20d45.8%32.3%55.4%32.3%55.4%
HV 60d38.9%34.4%43.2%34.5%41.6%
IV Rank43.8%23.3%99.2%70.5%34.2%
IV Percentile70.7%34.9%99.5%99.5%70.5%
Term Structure-2.3%-14.7%3.7%-14.7%-2.9%
VWIV47.9%32.6%82.4%60.9%40.3%
Skew 25d4.7%-2.2%9.4%-2.2%6.1%
Skew 10d6.7%-17.5%19.6%-17.5%9.9%
Call IV 25d43.4%34.4%58.4%58.4%41.4%
Put IV 25d48.1%39.9%65.0%56.2%47.5%
Bid-Ask Spread %60.7822.5775.3966.3461.98
Gamma HHI0.390.190.570.250.54
Net GEX-197.9K-314.1K102.7K-152.3K-242.4K
Net DEX8.8M-545.0K21.3M1.8M4.9M
Net VEX-57.2K-76.7K-46.8K-76.7K-53.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.520.0816.444.170.95
Total Volume1,174.2381493,657791563
Total OI14,400.95210,99318,23112,83812,217

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$47.12$50.0063.1%18.1%32.3%70.5%60.9%-2.2%-14.7%-152.3K1.8M-76.7K4.1766.34N/AN/A1536386,5076,331
2025-03-04$46.75$50.0062.2%17.8%32.4%68.8%59.9%8.2%-13.7%-201.6K3.0M-76.2K2.7961.98N/AN/A2667436,5406,523
2025-03-05$47.81$50.0061.5%17.6%33.2%67.6%61.6%4.2%-1.8%-114.7K-545.0K-73.7K0.8974.33N/AN/A79706,4576,032
2025-03-06$45.10$50.0062.2%17.8%38.1%68.9%62.0%4.9%-2.9%-182.7K5.6M-64.5K3.0575.39N/AN/A3751,1456,4686,045
2025-03-07$43.61$50.0067.0%19.2%37.7%77.6%70.4%5.0%-3.4%-281.6K9.9M-64.1K0.8661.25N/AN/A2962566,5766,938
2025-03-10$42.90$50.0079.1%22.7%37.5%99.2%82.4%9.4%-4.9%-258.8K11.4M-59.6K0.4422.57N/AN/A1,8148076,6797,046
2025-03-11$40.64$50.0044.9%15.0%40.4%37.8%39.1%5.5%0.4%-205.7K17.7M-46.8K3.1939.94N/AN/A8722,7857,9827,637
2025-03-12$40.55$50.0043.0%13.7%40.4%34.3%47.7%5.4%1.0%-250.4K16.3M-52.8K0.5552.02N/AN/A3682028,3578,145
2025-03-13$39.25$50.0044.9%14.3%39.6%37.8%50.1%4.2%0.2%-288.9K21.1M-50.9K16.4469.10N/AN/A1662,7298,4429,132
2025-03-14$39.85$50.0042.6%12.8%40.1%33.7%44.9%5.3%-0.9%-302.8K20.6M-50.6K0.9160.00N/AN/A2111938,4359,091
2025-03-17$42.27$45.0043.1%11.8%47.6%34.6%40.6%5.2%-1.3%-314.1K16.4M-54.2K0.0860.88N/AN/A969738,5419,158
2025-03-18$39.12$45.0040.6%12.1%53.0%30.0%42.7%5.3%3.7%-242.7K21.3M-48.5K0.2457.60N/AN/A1,0082389,0299,202
2025-03-19$40.23$45.0041.9%11.6%55.1%32.4%39.8%4.4%-1.3%-226.7K9.9M-50.3K0.1166.06N/AN/A1,3651549,6726,945
2025-03-20$39.83$45.0041.1%11.4%54.7%30.9%40.2%4.4%-1.0%-124.3K10.3M-51.4K9.5559.80N/AN/A1551,48010,1317,003
2025-03-21$40.09$45.0039.3%11.3%54.4%27.7%39.6%4.1%0.0%102.7K3.0M-50.7K0.5360.78N/AN/A1,12560110,1905,662
2025-03-24$41.35$45.0036.8%10.6%54.6%23.3%37.8%5.5%0.5%-105.0K1.2M-51.8K5.0558.52N/AN/A2351,1866,2274,766
2025-03-25$41.38$45.0038.9%10.9%54.1%27.1%32.6%4.3%-1.1%-167.2K1.8M-55.6K0.5066.95N/AN/A4522286,3665,444
2025-03-26$41.55$45.0039.4%10.6%53.3%28.0%39.2%4.8%-2.4%-163.2K1.3M-59.5K1.3367.94N/AN/A1371826,5675,614
2025-03-27$41.38$45.0038.2%10.6%52.5%25.8%33.8%3.4%-0.9%-177.7K1.6M-57.6K0.2169.83N/AN/A146306,6445,505
2025-03-28$39.13$45.0040.4%11.1%54.5%29.6%39.4%0.9%-1.4%-255.3K6.2M-52.8K0.9863.11N/AN/A83816,6495,525
2025-03-31$39.94$45.0042.9%11.4%55.4%34.2%40.3%6.1%-2.9%-242.4K4.9M-53.9K0.9561.98N/AN/A2882756,6495,568