VNET Options History — October 2013

In October 2013, VNET traded between $16.12 and $20.55. ATM implied volatility averaged 50.7%, placing in the 38.8% IV rank vs the trailing year. The 30-day expected move averaged 14.9%. IV traded below realized volatility by 0.3% (HV 20d: 51.0%). Max pain ranged from $15.00 to $17.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 2 of 23 days. Put/call ratio averaged 1.07.

Notable Days

2013-10-09: Highest Volume — 5,068 contracts
2013-10-09: Largest IV spike — 23.2% change
2013-10-30: Highest IV Rank — 47.8%
2013-10-30: Largest Expected Move — 16.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$18.13	$16.12	$20.55	$16.69	$18.00
Max Pain	$15.54	$15.00	$17.50	$15.00	$17.50
ATM IV	50.7%	36.2%	56.9%	43.2%	53.9%
Expected Move	14.9%	11.8%	16.3%	12.4%	15.5%
HV 20d	51.0%	32.8%	67.5%	39.2%	67.2%
HV 60d	48.7%	44.8%	53.6%	46.3%	50.6%
IV Rank	38.8%	17.8%	47.8%	28.0%	43.5%
IV Percentile	65.1%	14.3%	86.9%	34.5%	78.6%
Term Structure	-3.1%	-8.7%	6.7%	4.5%	-5.2%
VWIV	52.9%	38.7%	62.7%	43.2%	55.7%
Skew 25d	0.3%	-11.1%	11.2%	7.6%	-5.7%
Skew 10d	-2.8%	-29.6%	19.0%	15.2%	-1.8%
Call IV 25d	52.6%	35.5%	59.0%	39.9%	55.5%
Put IV 25d	52.9%	33.9%	59.2%	47.5%	49.8%
Bid-Ask Spread %	22.86	7.08	87.04	16.05	87.04
Gamma HHI	0.55	0.42	0.80	0.69	0.43
Net GEX	252.5K	153.3K	318.6K	153.3K	250.9K
Net DEX	-9.7M	-16.4M	-5.2M	-5.5M	-8.5M
Net VEX	-28.6K	-35.7K	-19.0K	-19.0K	-30.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.07	0.00	12.81	0.04	0.00
Total Volume	793.304	17	5,068	1,251	17
Total OI	12,478.826	7,716	15,063	7,716	14,816

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2013-10-01	$16.69	$15.00	43.2%	12.4%	39.2%	28.0%	43.2%	7.6%	4.5%	153.3K	-5.5M	-19.0K	0.04	16.05	N/A	N/A	1,201	50	6,286	1,430
2013-10-02	$17.14	$15.00	41.1%	11.8%	39.1%	24.9%	48.3%	11.2%	6.7%	199.9K	-7.0M	-21.9K	0.00	17.69	N/A	N/A	113	0	7,462	1,480
2013-10-03	$17.01	$15.00	46.5%	13.3%	32.8%	32.7%	38.7%	-5.3%	-0.5%	211.7K	-6.9M	-22.4K	0.00	7.08	N/A	N/A	676	1	7,505	1,480
2013-10-04	$17.83	$15.00	42.6%	13.2%	35.8%	27.1%	46.9%	4.7%	-0.2%	210.2K	-8.4M	-21.8K	0.00	12.87	N/A	N/A	201	0	7,545	1,481
2013-10-07	$17.33	$15.00	46.3%	13.8%	33.5%	32.4%	48.3%	3.7%	-2.3%	214.6K	-7.6M	-21.8K	0.02	11.54	N/A	N/A	547	10	7,599	1,481
2013-10-08	$16.12	$15.00	36.2%	15.4%	43.2%	17.8%	54.5%	3.5%	-1.8%	189.5K	-5.3M	-21.1K	0.09	21.39	N/A	N/A	332	30	7,757	1,491
2013-10-09	$16.57	$15.00	44.6%	15.4%	43.7%	30.0%	55.6%	1.0%	-3.2%	184.9K	-6.2M	-21.6K	0.26	15.23	N/A	N/A	4,014	1,054	7,739	1,506
2013-10-10	$18.04	$15.00	51.3%	14.7%	51.2%	39.7%	51.7%	1.1%	-3.0%	300.2K	-10.6M	-35.7K	0.16	17.76	N/A	N/A	1,160	186	11,451	2,466
2013-10-11	$18.28	$15.00	55.8%	16.0%	50.6%	46.2%	56.6%	2.6%	-4.3%	283.2K	-10.9M	-34.9K	0.02	17.00	N/A	N/A	526	10	11,173	2,481
2013-10-14	$18.69	$15.00	53.8%	15.4%	50.2%	43.4%	58.4%	3.0%	-0.2%	309.5K	-12.1M	-34.1K	0.01	23.85	N/A	N/A	98	1	11,410	2,491
2013-10-15	$18.47	$15.00	56.0%	16.0%	49.1%	46.5%	60.6%	0.8%	-5.1%	289.8K	-11.6M	-34.2K	2.92	19.32	N/A	N/A	38	111	11,382	2,491
2013-10-16	$18.92	$15.00	54.4%	15.6%	49.3%	44.2%	54.6%	-2.9%	-2.1%	298.6K	-12.6M	-33.9K	0.02	20.41	N/A	N/A	383	7	11,355	2,591
2013-10-17	$19.41	$15.00	52.0%	14.9%	49.5%	40.7%	52.0%	-0.3%	-2.1%	310.5K	-13.9M	-32.2K	0.22	13.32	N/A	N/A	87	19	11,272	2,592
2013-10-18	$20.33	$15.00	52.7%	15.1%	51.0%	41.7%	54.5%	-1.0%	-2.4%	318.6K	-16.4M	-30.5K	0.04	16.03	N/A	N/A	675	24	11,231	2,580
2013-10-21	$20.55	$15.00	52.3%	15.0%	50.0%	41.2%	53.6%	-2.1%	-5.4%	273.1K	-16.0M	-28.0K	0.00	14.42	N/A	N/A	488	1	10,624	2,569
2013-10-22	$19.89	$15.00	52.8%	15.1%	52.6%	41.8%	52.8%	-1.8%	-4.5%	296.0K	-14.6M	-29.5K	0.03	16.63	N/A	N/A	256	8	10,844	2,570
2013-10-23	$18.66	$15.00	52.3%	15.0%	58.8%	41.2%	62.7%	-7.6%	-4.6%	312.3K	-11.2M	-31.2K	0.00	18.33	N/A	N/A	179	0	10,925	2,571
2013-10-24	$18.39	$15.00	55.8%	16.0%	59.3%	46.2%	55.8%	-11.1%	-7.7%	310.4K	-10.2M	-30.6K	5.62	14.60	N/A	N/A	517	2,903	10,881	2,571
2013-10-25	$17.00	$17.50	55.6%	15.9%	66.4%	45.9%	57.0%	0.2%	-8.7%	196.5K	-5.2M	-30.9K	1.57	15.34	N/A	N/A	279	439	10,942	4,002
2013-10-28	$17.35	$17.50	55.8%	16.0%	66.4%	46.3%	55.6%	2.6%	-7.2%	196.1K	-6.1M	-30.8K	12.81	18.86	N/A	N/A	94	1,204	10,899	4,164
2013-10-29	$18.02	$17.50	54.1%	15.5%	67.5%	43.8%	54.3%	3.5%	-4.8%	242.4K	-8.4M	-30.8K	0.83	24.80	N/A	N/A	120	100	10,949	3,716
2013-10-30	$18.24	$17.50	56.9%	16.3%	67.1%	47.8%	45.7%	-0.5%	-6.7%	255.1K	-9.1M	-31.1K	0.05	86.16	N/A	N/A	83	4	11,046	3,716
2013-10-31	$18.00	$17.50	53.9%	15.5%	67.2%	43.5%	55.7%	-5.7%	-5.2%	250.9K	-8.5M	-30.5K	0.00	87.04	N/A	N/A	17	0	11,096	3,720