VNET Options History — October 2018

In October 2018, VNET traded between $9.26 and $11.39. ATM implied volatility averaged 66.1%, placing in the 33.5% IV rank vs the trailing year. The 30-day expected move averaged 19.1%. IV traded below realized volatility by 4.1% (HV 20d: 70.2%). Max pain ranged from $9.00 to $10.00. Net GEX was positive for 20 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 1.53.

Notable Days

2018-10-29: Highest Volume — 5,354 contracts
2018-10-12: Largest IV spike — 54.0% change
2018-10-12: Highest IV Rank — 53.1%
2018-10-03: Largest Expected Move — 32.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$9.92	$9.26	$11.39	$10.31	$11.00
Max Pain	$9.87	$9.00	$10.00	$9.00	$10.00
ATM IV	66.1%	47.6%	101.6%	47.6%	65.8%
Expected Move	19.1%	15.4%	32.3%	15.4%	18.7%
HV 20d	70.2%	40.7%	77.7%	40.7%	77.7%
HV 60d	63.6%	54.7%	69.2%	54.7%	69.2%
IV Rank	33.5%	23.3%	53.1%	23.3%	33.4%
IV Percentile	74.8%	13.9%	97.6%	13.9%	82.1%
Term Structure	-1.5%	-66.0%	69.6%	-2.1%	18.7%
VWIV	61.5%	43.1%	93.2%	43.1%	93.2%
Skew 25d	4.8%	-1.0%	37.9%	1.3%	-0.4%
Skew 10d	18.0%	-15.6%	150.8%	1.1%	40.8%
Call IV 25d	64.7%	47.6%	128.2%	47.6%	68.9%
Put IV 25d	69.6%	48.9%	166.1%	48.9%	68.5%
Bid-Ask Spread %	64.10	22.29	140.61	22.72	140.61
Gamma HHI	0.21	0.12	0.37	0.16	0.31
Net GEX	14.6K	-15.9K	40.1K	32.8K	-4.5K
Net DEX	-1.6M	-3.3M	-567.1K	-2.0M	-2.2M
Net VEX	-10.7K	-12.9K	-8.9K	-12.5K	-10.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.53	0.29	4.29	0.34	3.52
Total Volume	2,956.652	1,648	5,354	1,648	3,970
Total OI	9,351.435	7,966	10,395	10,154	10,167

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
2018-10-01	$10.31	$9.00	47.6%	15.4%	40.7%	23.3%	43.1%	1.3%	-2.1%	32.8K	-2.0M	-12.5K	0.34	22.72	N/A	N/A	1,226	422	5,415	4,739
2018-10-02	$10.10	$9.00	57.7%	16.5%	41.5%	28.9%	51.9%	1.6%	1.4%	21.2K	-1.7M	-12.7K	0.40	56.01	N/A	N/A	1,216	491	5,407	4,822
2018-10-03	$11.39	$9.00	56.0%	32.3%	59.0%	28.0%	56.5%	9.2%	69.6%	40.1K	-3.3M	-12.8K	0.34	86.04	N/A	N/A	1,484	498	5,400	4,817
2018-10-04	$10.17	$10.00	55.1%	16.0%	72.8%	27.5%	54.9%	-0.6%	-2.2%	15.0K	-1.8M	-12.9K	0.39	121.27	N/A	N/A	1,239	488	5,470	4,863
2018-10-05	$10.12	$10.00	56.1%	16.3%	72.8%	28.0%	55.8%	11.0%	0.7%	15.2K	-1.7M	-12.6K	0.29	41.81	N/A	N/A	1,632	477	5,511	4,884
2018-10-08	$9.59	$10.00	60.2%	17.1%	75.5%	30.3%	59.1%	2.6%	-0.6%	733	-908.6K	-11.8K	0.39	35.66	N/A	N/A	1,209	474	5,171	4,845
2018-10-09	$9.79	$10.00	61.8%	16.8%	74.7%	31.2%	58.4%	8.0%	-3.9%	-297	-1.1M	-11.3K	0.39	32.31	N/A	N/A	1,219	474	5,095	4,889
2018-10-10	$9.75	$10.00	66.3%	17.3%	74.7%	33.6%	62.2%	2.4%	-6.4%	1.1K	-1.0M	-11.4K	0.36	57.92	N/A	N/A	1,347	483	5,082	4,895
2018-10-11	$9.77	$10.00	65.9%	18.7%	74.7%	33.4%	67.5%	1.9%	-0.1%	3.2K	-1.1M	-12.4K	0.94	92.28	N/A	N/A	1,348	1,261	5,278	4,892
2018-10-12	$10.03	$10.00	101.6%	18.5%	74.2%	53.1%	61.7%	37.9%	-34.1%	14.1K	-1.7M	-11.7K	1.42	102.60	N/A	N/A	1,345	1,905	5,278	4,459
2018-10-15	$9.91	$10.00	71.9%	19.5%	72.1%	36.8%	68.8%	2.7%	-0.1%	17.1K	-1.8M	-9.8K	1.76	30.75	N/A	N/A	1,146	2,013	5,032	3,889
2018-10-16	$10.31	$10.00	62.7%	17.9%	72.5%	31.7%	63.1%	3.6%	-1.6%	27.7K	-2.2M	-9.7K	1.55	30.20	N/A	N/A	1,443	2,233	5,042	3,789
2018-10-17	$9.86	$10.00	66.0%	18.9%	73.9%	33.5%	65.3%	-0.8%	5.0%	20.1K	-1.9M	-9.6K	1.55	29.83	N/A	N/A	1,442	2,238	5,346	3,671
2018-10-18	$9.52	$10.00	64.7%	18.0%	72.4%	32.8%	66.2%	4.7%	12.3%	3.9K	-1.4M	-9.4K	1.58	30.30	N/A	N/A	1,374	2,168	5,347	3,676
2018-10-19	$9.26	$10.00	59.9%	17.5%	71.2%	30.1%	56.2%	-1.0%	-4.7%	14.3K	-1.2M	-9.1K	1.60	22.29	N/A	N/A	1,371	2,189	5,403	3,665
2018-10-22	$9.75	$10.00	62.6%	18.3%	73.9%	31.6%	55.9%	2.8%	5.1%	20.1K	-1.7M	-9.1K	2.13	29.46	N/A	N/A	1,054	2,241	4,648	3,337
2018-10-23	$9.65	$10.00	68.2%	18.6%	73.6%	34.7%	57.1%	3.6%	6.9%	20.3K	-1.5M	-9.2K	2.04	35.22	N/A	N/A	1,061	2,162	4,694	3,388
2018-10-24	$9.62	$10.00	93.7%	27.8%	73.6%	48.8%	54.0%	6.1%	-6.4%	21.2K	-1.5M	-9.0K	2.25	88.44	N/A	N/A	1,029	2,316	4,701	3,388
2018-10-25	$9.64	$10.00	68.4%	17.5%	73.5%	34.8%	52.8%	0.1%	2.4%	23.3K	-1.6M	-8.9K	2.23	88.90	N/A	N/A	1,039	2,318	4,736	3,543
2018-10-26	$9.62	$10.00	63.7%	17.2%	73.4%	32.2%	52.7%	8.9%	-16.5%	22.7K	-1.6M	-8.9K	2.31	47.31	N/A	N/A	1,002	2,319	4,756	3,546
2018-10-29	$9.41	$10.00	69.5%	18.4%	73.1%	35.4%	65.5%	1.6%	-66.0%	21.8K	-1.5M	-9.5K	4.29	128.17	N/A	N/A	1,012	4,342	4,692	3,274
2018-10-30	$9.57	$10.00	74.3%	27.1%	73.2%	38.1%	92.4%	3.9%	-10.9%	-15.9K	-567.1K	-10.8K	3.19	124.15	N/A	N/A	1,022	3,261	4,716	5,425
2018-10-31	$11.00	$10.00	65.8%	18.7%	77.7%	33.4%	93.2%	-0.4%	18.7%	-4.5K	-2.2M	-10.7K	3.52	140.61	N/A	N/A	878	3,092	4,716	5,451