VNET Options History — May 2023

In May 2023, VNET traded between $2.54 and $3.12. ATM implied volatility averaged 89.4%, placing in the 32.3% IV rank vs the trailing year. The 30-day expected move averaged 25.7%. IV traded above realized volatility by 35.2% (HV 20d: 54.2%). Max pain ranged from $3.00 to $4.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 2.27.

Notable Days

  • 2023-05-11: Highest Volume — 1,038 contracts
  • 2023-05-31: Largest IV spike — 45.2% change
  • 2023-05-18: Highest IV Rank — 54.9%
  • 2023-05-18: Largest Expected Move — 31.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.86$2.54$3.12$2.92$2.58
Max Pain$3.86$3.00$4.00$3.00$4.00
ATM IV89.4%64.4%109.5%82.0%96.2%
Expected Move25.7%19.0%31.4%23.5%27.6%
HV 20d54.2%46.3%105.5%105.5%53.7%
HV 60d93.5%91.2%96.8%95.9%92.0%
IV Rank32.3%4.3%54.9%24.1%40.0%
IV Percentile45.3%1.2%89.3%18.7%72.2%
Term Structure-4.3%-23.4%20.9%19.5%-18.8%
VWIV87.8%64.0%109.9%64.2%97.3%
Skew 25d5.9%-27.3%100.1%100.1%-27.3%
Skew 10d11.1%-26.2%138.7%138.7%-24.9%
Call IV 25d78.1%60.9%97.1%60.9%97.1%
Put IV 25d84.0%61.8%161.0%161.0%69.7%
Bid-Ask Spread %66.6219.01111.8184.2748.60
Gamma HHI0.340.200.460.460.22
Net GEX2.7K56.1K5.4K206
Net DEX284.0K170.7K371.7K191.6K371.5K
Net VEX-1.7K-2.4K-1.1K-2.0K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.270.0030.4830.480.00
Total Volume118.72701,0386615
Total OI17,22515,98618,01815,98618,010

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$2.92$3.0082.0%23.5%105.5%24.1%64.2%100.1%19.5%5.4K191.6K-2.0K30.4884.27N/AN/A2164014,1761,810
2023-05-02$2.85$3.0092.0%26.4%55.5%35.3%91.9%16.8%-3.9%3.8K251.5K-2.0K2.6779.30N/AN/A3814,1962,450
2023-05-03$2.79$3.0097.7%28.0%53.5%41.7%0.0%10.3%-9.7%3.5K260.8K-2.0K0.0082.52N/AN/A0014,1992,442
2023-05-04$2.95$4.0093.3%24.7%57.7%36.8%88.0%-15.8%-11.2%4.6K227.4K-2.2K0.0059.01N/AN/A11014,1992,442
2023-05-05$3.00$4.0064.4%24.9%57.8%4.3%0.0%-14.7%-9.7%4.5K227.2K-2.1K0.0087.34N/AN/A0014,1992,442
2023-05-08$3.00$4.0090.2%24.9%46.3%33.3%83.9%-8.5%-11.7%4.0K249.2K-2.1K0.0031.20N/AN/A11014,1992,442
2023-05-09$3.12$4.0088.9%23.4%48.8%31.8%0.0%-11.2%1.2%4.7K220.8K-2.2K0.0059.12N/AN/A1014,2092,442
2023-05-10$3.01$4.0092.7%26.6%50.0%36.1%92.7%23.8%-23.4%5.2K208.8K-2.0K0.00111.81N/AN/A0814,2102,442
2023-05-11$3.12$4.0098.2%28.2%49.0%42.3%93.4%12.4%-6.8%6.1K170.7K-2.4K0.0296.14N/AN/A1,0182014,2102,434
2023-05-12$3.02$4.0088.1%25.3%49.6%30.9%0.0%21.4%-7.6%3.7K255.0K-2.0K0.0095.03N/AN/A0015,2192,417
2023-05-15$3.04$4.0088.1%25.3%48.9%31.0%88.1%16.2%-4.3%3.2K267.2K-1.9K0.0053.35N/AN/A0115,2192,417
2023-05-16$2.96$4.0087.0%24.9%48.5%29.6%97.4%40.8%-7.9%2.2K304.9K-1.8K0.3362.80N/AN/A3115,2192,416
2023-05-17$2.92$4.0096.0%27.5%48.5%39.8%0.0%13.7%-14.9%3.1K292.8K-1.8K0.0085.03N/AN/A11015,2212,417
2023-05-18$2.77$4.00109.5%31.4%51.6%54.9%109.9%0.2%0.0%2.9K278.0K-1.7K0.0565.42N/AN/A2201215,2212,417
2023-05-19$2.69$4.0095.7%27.4%51.3%39.5%80.6%-8.2%-4.6%928332.9K-1.5K0.0454.81N/AN/A23115,4392,427
2023-05-22$2.83$4.0086.8%24.9%53.7%29.4%86.9%8.3%4.1%5361.0K-1.3K0.0445.89N/AN/A27114,8552,410
2023-05-23$2.79$4.0088.7%25.4%51.7%31.6%88.6%-2.1%3.0%89363.1K-1.3K0.0447.73N/AN/A23114,8732,411
2023-05-24$2.70$4.0089.7%25.7%50.5%32.7%98.8%-8.6%-4.4%250371.7K-1.2K0.0774.98N/AN/A2461614,9082,415
2023-05-25$2.54$4.0097.3%27.9%52.4%41.2%100.6%-19.7%-5.8%785314.8K-1.1K4.8874.76N/AN/A4321015,3172,525
2023-05-26$2.62$4.0077.6%22.2%54.2%19.1%66.2%-16.1%6.5%505355.4K-1.2K0.0019.01N/AN/A12015,2922,724
2023-05-30$2.60$4.0066.3%19.0%54.2%6.4%64.0%-1.7%20.9%773371.5K-1.1K0.0047.45N/AN/A15015,2932,725
2023-05-31$2.58$4.0096.2%27.6%53.7%40.0%97.3%-27.3%-18.8%206371.5K-1.1K0.0048.60N/AN/A5015,2852,725