VIK Options History — May 2025

In May 2025, VIK traded between $41.28 and $48.22. ATM implied volatility averaged 38.9%, placing in the 21.9% IV rank vs the trailing year. The 30-day expected move averaged 11.7%. IV traded below realized volatility by 9.6% (HV 20d: 48.5%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.66.

Notable Days

  • 2025-05-19: Highest Volume — 5,528 contracts
  • 2025-05-20: Largest IV drop — 20.2% change
  • 2025-05-01: Highest IV Rank — 33.4%
  • 2025-05-05: Largest Expected Move — 13.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.33$41.28$48.22$41.28$44.42
Max Pain$42.62$40.00$45.00$40.00$45.00
ATM IV38.9%31.7%46.8%46.8%32.9%
Expected Move11.7%9.1%13.5%13.4%9.4%
HV 20d48.5%31.6%89.9%89.9%39.2%
HV 60d64.3%63.3%65.2%63.3%64.7%
IV Rank21.9%11.4%33.4%33.4%13.2%
IV Percentile43.7%11.5%81.2%81.2%18.7%
Term Structure-1.2%-6.6%4.5%1.9%1.5%
VWIV41.5%31.7%53.1%53.1%33.0%
Skew 25d5.7%1.1%14.7%8.3%3.1%
Skew 10d11.9%-0.2%32.5%7.7%4.5%
Call IV 25d38.5%31.6%44.7%42.1%33.1%
Put IV 25d44.2%33.7%52.2%50.4%36.2%
Bid-Ask Spread %62.0835.6274.3774.3773.17
Gamma HHI0.390.270.550.300.34
Net GEX6.7K-490.8K404.7K-1.1K-110.6K
Net DEX-5.5M-17.5M5.9M-3.3M-1.2M
Net VEX-56.9K-73.5K-46.1K-52.9K-72.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.013.872.280.11
Total Volume891.524835,528141610
Total OI12,909.4766,29314,48413,05414,096

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-05-01$41.28$40.0046.8%13.4%89.9%33.4%53.1%8.3%1.9%-1.1K-3.3M-52.9K2.2874.37N/AN/A43987,8105,244
2025-05-02$41.97$40.0045.6%13.1%83.1%31.6%43.6%5.3%4.5%27.7K-4.9M-52.2K0.2769.15N/AN/A261707,8445,324
2025-05-05$42.86$40.0042.3%13.5%78.1%26.9%47.4%7.4%-4.1%97.2K-6.8M-51.8K0.2359.92N/AN/A360847,9705,381
2025-05-06$42.55$40.0040.0%13.3%76.0%23.5%46.6%8.3%-3.3%86.1K-6.4M-51.8K0.1166.48N/AN/A176198,1655,421
2025-05-07$43.09$40.0038.4%13.3%75.5%21.2%46.3%7.6%-3.9%148.2K-8.0M-50.9K0.3773.01N/AN/A141528,1545,425
2025-05-08$43.71$40.0038.8%13.3%44.4%21.8%49.5%7.1%-3.6%203.4K-9.1M-50.6K0.3164.23N/AN/A113358,1535,445
2025-05-09$43.10$40.0039.4%13.3%34.6%22.7%47.6%7.1%-4.2%146.0K-7.8M-49.1K0.1461.86N/AN/A73108,1595,484
2025-05-12$45.27$40.0041.3%13.1%37.4%25.4%44.6%6.9%-4.7%397.6K-12.9M-47.6K0.1361.38N/AN/A378488,1715,487
2025-05-13$46.32$40.0041.1%13.4%37.6%25.1%46.8%14.7%-6.6%404.7K-15.4M-46.8K0.7560.75N/AN/A1581198,1925,497
2025-05-14$46.80$40.0045.2%13.0%37.4%31.1%44.9%13.9%-4.5%377.7K-16.4M-46.1K1.6366.06N/AN/A3655968,2285,526
2025-05-15$46.25$45.0043.5%12.5%37.8%28.5%41.4%6.2%-2.1%175.9K-14.9M-48.1K0.3259.84N/AN/A3541138,1316,056
2025-05-16$48.22$45.0040.3%11.6%39.5%24.0%41.4%4.8%1.6%143.0K-17.5M-48.6K0.0951.52N/AN/A1,142988,3356,149
2025-05-19$46.98$45.0044.4%12.7%31.6%29.8%44.2%4.9%-3.7%134.7K-6.8M-47.1K3.8735.62N/AN/A1,1344,3943,9692,324
2025-05-20$44.48$45.0035.4%10.1%39.0%16.8%35.9%1.9%0.6%-490.8K3.8M-66.2K0.6545.89N/AN/A1,8751,2204,7396,276
2025-05-21$43.10$45.0036.5%10.5%40.0%18.4%38.1%2.1%0.9%-386.4K5.9M-64.7K0.9153.83N/AN/A3262985,3746,095
2025-05-22$43.20$45.0036.6%10.5%39.5%18.6%37.2%1.1%0.0%-392.7K5.6M-65.4K0.1845.24N/AN/A230425,4556,107
2025-05-23$43.88$45.0032.8%9.4%39.7%13.0%32.9%2.7%0.6%-451.2K4.1M-65.9K0.0169.32N/AN/A2,394345,5566,112
2025-05-27$44.88$45.0031.7%9.1%39.6%11.4%32.4%3.1%0.7%-104.7K-2.9M-73.5K0.2267.04N/AN/A7491657,3656,129
2025-05-28$44.33$45.0031.7%9.1%39.9%11.4%31.7%1.8%1.9%-130.8K-597.7K-73.0K0.5874.26N/AN/A76447,6936,147
2025-05-29$44.16$45.0032.1%9.2%39.4%12.1%32.9%1.8%0.6%-133.6K137.9K-70.8K0.6370.67N/AN/A138877,7736,138
2025-05-30$44.42$45.0032.9%9.4%39.2%13.2%33.0%3.1%1.5%-110.6K-1.2M-72.6K0.1173.17N/AN/A551597,8896,207