VNET Options History — July 2011

In July 2011, VNET traded between $12.90 and $14.73. ATM implied volatility averaged 85.8%. The 30-day expected move averaged 25.8%. IV traded above realized volatility by 39.2% (HV 20d: 46.6%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 1.21.

Notable Days

  • 2011-07-19: Highest Volume — 542 contracts
  • 2011-07-12: Largest IV drop — 26.2% change
  • 2011-07-26: Largest Expected Move — 28.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.00$12.90$14.73$14.17$13.15
Max Pain$11.25$10.00$12.50$12.50$12.50
ATM IV85.8%63.8%97.8%82.7%96.1%
Expected Move25.8%23.1%28.0%23.7%27.6%
HV 20d46.6%25.9%74.1%74.1%26.3%
HV 60d82.8%76.1%89.5%89.5%76.1%
Term Structure0.8%-2.9%6.8%1.7%0.8%
VWIV90.2%80.3%99.7%82.6%94.9%
Skew 25d18.2%14.1%26.0%18.9%26.0%
Skew 10d42.7%23.8%57.1%52.2%54.8%
Call IV 25d82.0%71.4%85.7%71.4%77.8%
Put IV 25d100.2%90.4%107.2%90.4%103.8%
Bid-Ask Spread %57.0844.4178.8578.8544.41
Gamma HHI0.450.300.610.320.58
Net GEX23.6K7.8K34.2K15.4K28.0K
Net DEX-852.8K-1.5M-110.8K-946.3K-289.8K
Net VEX-8.8K-9.9K-8.2K-8.4K-8.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.210.0018.670.0818.67
Total Volume192.95654213859
Total OI5,813.654,0636,9966,1785,417

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2011-07-01$14.17$12.5082.7%23.7%74.1%0.0%82.6%18.9%1.7%15.4K-946.3K-8.4K0.0878.85N/AN/A128102,4153,763
2011-07-05$14.28$10.0080.2%25.8%61.1%0.0%0.0%18.9%-2.8%21.3K-1.1M-8.2K0.3047.66N/AN/A66202,4723,767
2011-07-06$14.28$10.0087.9%25.8%59.2%0.0%89.8%17.2%0.0%16.6K-1.1M-8.4K0.2549.13N/AN/A210532,4933,787
2011-07-07$14.27$10.0078.3%25.1%57.0%0.0%98.2%17.7%-0.2%18.9K-1.2M-8.8K0.2544.87N/AN/A247612,6173,821
2011-07-08$14.69$10.0080.7%26.0%57.1%0.0%89.6%17.9%-0.0%21.9K-1.3M-8.6K0.2356.38N/AN/A298692,6073,876
2011-07-11$14.73$10.0086.4%26.2%55.2%0.0%86.8%19.4%1.7%25.3K-1.5M-8.7K0.0961.23N/AN/A108102,7823,927
2011-07-12$14.27$10.0063.8%26.1%57.3%0.0%92.3%14.8%-2.9%25.9K-1.3M-8.9K0.2361.76N/AN/A227532,8213,937
2011-07-13$14.28$10.0070.7%25.6%52.6%0.0%89.2%16.8%-2.4%34.2K-1.5M-8.9K0.0062.16N/AN/A9302,9833,990
2011-07-14$14.35$10.0089.0%25.5%51.7%0.0%87.4%15.1%-0.2%32.2K-1.5M-8.7K0.0058.14N/AN/A18503,0063,990
2011-07-15$14.37$10.0087.5%25.1%51.1%0.0%99.7%15.5%1.0%29.6K-1.1M-8.7K0.6253.20N/AN/A29182,7553,990
2011-07-18$14.23$10.0086.6%24.8%51.4%0.0%93.4%17.3%0.3%7.8K-343.6K-8.2K1.5252.39N/AN/A851292,0262,037
2011-07-19$14.24$12.5080.7%23.1%51.5%0.0%80.3%17.7%6.8%7.9K-325.9K-8.5K0.0054.00N/AN/A54202,1112,159
2011-07-20$13.99$12.5084.2%24.1%41.1%0.0%83.5%15.5%5.3%18.5K-590.1K-9.3K0.0157.02N/AN/A53052,6092,159
2011-07-21$13.95$12.5083.7%24.0%39.0%0.0%0.0%15.6%2.8%29.6K-782.1K-9.8K0.4055.08N/AN/A50203,1372,164
2011-07-22$13.69$12.5092.5%26.5%29.2%0.0%95.4%14.1%1.1%30.1K-706.3K-9.9K0.0057.38N/AN/A23603,1772,175
2011-07-25$13.62$12.5097.7%28.0%29.2%0.0%0.0%19.9%-0.5%29.2K-573.9K-9.4K0.0060.24N/AN/A0403,1222,175
2011-07-26$13.47$12.5097.8%28.0%29.5%0.0%86.6%18.8%0.4%28.6K-537.1K-9.3K0.0057.33N/AN/A603,1222,195
2011-07-27$13.05$12.5093.8%26.9%31.5%0.0%88.2%22.4%1.6%26.0K-264.2K-8.8K0.1965.90N/AN/A179343,1282,195
2011-07-28$12.90$12.5095.0%27.2%25.9%0.0%96.1%24.6%2.1%25.1K-110.8K-8.4K0.0764.57N/AN/A5543,1372,229
2011-07-29$13.15$12.5096.1%27.6%26.3%0.0%94.9%26.0%0.8%28.0K-289.8K-8.7K18.6744.41N/AN/A3563,1842,233