VNET Options History — April 2024

In April 2024, VNET traded between $1.48 and $1.87. ATM implied volatility averaged 92.3%, placing in the 25.2% IV rank vs the trailing year. The 30-day expected move averaged 27.4%. IV traded above realized volatility by 10.7% (HV 20d: 81.6%). Max pain ranged from $1.00 to $2.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.51.

Notable Days

  • 2024-04-04: Highest Volume — 6,461 contracts
  • 2024-04-10: Largest IV spike — 37.6% change
  • 2024-04-16: Highest IV Rank — 43.9%
  • 2024-04-16: Largest Expected Move — 33.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.65$1.48$1.87$1.67$1.67
Max Pain$1.64$1.00$2.00$1.00$1.50
ATM IV92.3%58.9%115.0%103.2%58.9%
Expected Move27.4%16.9%33.0%29.6%16.9%
HV 20d81.6%68.6%92.3%87.9%75.2%
HV 60d81.3%76.5%87.7%85.6%78.8%
IV Rank25.2%0.0%43.9%34.1%0.0%
IV Percentile50.4%0.0%88.9%77.0%0.0%
Term Structure13.3%-8.1%51.4%4.9%44.4%
VWIV96.2%69.1%121.4%119.8%69.1%
Skew 25d3.0%-53.6%56.2%-14.2%-3.6%
Skew 10d10.0%-17.0%78.8%2.6%16.6%
Call IV 25d90.6%61.5%127.9%119.0%74.5%
Put IV 25d93.6%70.9%122.2%104.8%70.9%
Bid-Ask Spread %67.1035.2386.3578.4384.57
Gamma HHI0.300.270.340.270.29
Net GEX13.5K6.5K21.3K19.7K10.1K
Net DEX-699.3K-1.6M-168.6K-1.0M-443.4K
Net VEX-6.3K-8.2K-4.5K-7.2K-5.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.004.110.710.38
Total Volume496.86446,46125630
Total OI26,075.68224,10128,71728,48024,618

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$1.67$1.00103.2%29.6%87.9%34.1%119.8%-14.2%4.9%19.7K-1.0M-7.2K0.7178.43N/AN/A15010623,5224,958
2024-04-02$1.81$1.0077.7%22.3%91.8%12.9%0.0%21.5%51.4%21.1K-1.4M-8.1K1.6580.95N/AN/A6310423,5645,064
2024-04-03$1.85$1.0077.0%22.1%91.7%12.4%80.1%18.2%49.1%21.0K-1.6M-8.2K4.1186.35N/AN/A2711123,5495,168
2024-04-04$1.81$1.5093.0%29.6%92.3%25.6%88.7%-24.1%4.1%21.3K-1.5M-8.0K0.0052.69N/AN/A6,461023,5435,063
2024-04-05$1.77$1.5076.9%30.9%90.3%12.3%0.0%-2.6%-2.0%15.7K-981.1K-7.5K0.0035.23N/AN/A12021,1785,063
2024-04-08$1.79$1.5092.0%29.2%90.1%24.8%121.4%-18.2%-4.5%16.0K-965.1K-7.5K0.0048.60N/AN/A37021,1905,063
2024-04-09$1.87$1.5078.8%28.3%85.5%13.9%0.0%-53.6%16.0%16.9K-1.2M-7.6K0.0042.71N/AN/A95021,2035,063
2024-04-10$1.79$1.50108.5%31.1%85.7%38.5%0.0%24.4%-7.8%15.4K-953.1K-7.2K0.0156.53N/AN/A101121,2985,063
2024-04-11$1.73$1.5099.1%28.4%79.3%30.8%0.0%18.4%11.5%14.7K-872.5K-6.9K0.7362.33N/AN/A11821,2215,063
2024-04-12$1.62$1.50101.9%29.2%82.1%33.1%0.0%-3.6%9.4%14.2K-663.6K-6.2K1.2759.05N/AN/A719021,2325,070
2024-04-15$1.58$1.5096.2%27.6%81.1%28.3%96.8%56.2%10.9%13.9K-543.9K-5.9K0.0655.29N/AN/A113721,2135,129
2024-04-16$1.52$1.50115.0%33.0%81.8%43.9%108.4%25.1%-8.1%14.5K-450.2K-5.5K0.0168.36N/AN/A2,4132121,3085,130
2024-04-17$1.48$2.00102.9%29.5%80.1%33.9%102.8%4.4%9.2%13.6K-293.5K-5.0K0.3566.91N/AN/A1555521,3055,152
2024-04-18$1.48$2.00104.7%30.0%77.7%35.4%0.0%4.0%8.4%12.3K-340.4K-5.3K0.0267.52N/AN/A43121,2515,168
2024-04-19$1.48$2.0099.2%28.4%77.2%30.8%0.0%5.6%-7.6%6.5K-200.6K-4.8K0.2076.14N/AN/A10221,2145,168
2024-04-22$1.48$2.00104.9%30.1%77.4%35.6%104.6%6.3%0.6%6.7K-230.0K-5.0K0.0666.02N/AN/A47319,0885,013
2024-04-23$1.48$2.0098.7%28.3%76.8%30.4%0.0%8.0%13.2%6.8K-168.6K-4.5K0.8082.83N/AN/A252019,1065,016
2024-04-24$1.56$2.0089.4%25.6%71.2%22.6%0.0%10.4%24.3%8.0K-303.4K-5.3K0.0076.59N/AN/A27019,1265,026
2024-04-25$1.65$2.0088.8%25.5%72.0%22.2%72.7%0.7%38.0%9.9K-449.8K-5.7K0.3368.69N/AN/A3119,1385,026
2024-04-26$1.54$2.0094.7%27.1%68.6%27.0%94.2%9.8%3.0%7.2K-253.2K-5.0K0.0078.11N/AN/A15019,1395,027
2024-04-29$1.75$2.0069.9%20.0%79.0%6.4%69.1%-26.0%24.9%10.6K-590.9K-5.9K0.3882.25N/AN/A35713519,1395,027
2024-04-30$1.67$1.5058.9%16.9%75.2%0.0%0.0%-3.6%44.4%10.1K-443.4K-5.6K0.0084.57N/AN/A03019,4565,162