VNET Options History — May 2024

In May 2024, VNET traded between $1.75 and $2.08. ATM implied volatility averaged 108.8%, placing in the 40.4% IV rank vs the trailing year. The 30-day expected move averaged 30.2%. IV traded above realized volatility by 34.1% (HV 20d: 74.7%). Max pain ranged from $1.50 to $2.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.43.

Notable Days

  • 2024-05-17: Highest Volume — 1,921 contracts
  • 2024-05-02: Largest IV spike — 45.5% change
  • 2024-05-10: Highest IV Rank — 56.2%
  • 2024-05-22: Largest Expected Move — 33.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.92$1.75$2.08$1.75$1.98
Max Pain$1.93$1.50$2.00$1.50$2.00
ATM IV108.8%74.1%128.3%74.1%98.8%
Expected Move30.2%21.3%33.6%21.3%28.3%
HV 20d74.7%55.9%83.5%76.8%65.1%
HV 60d77.3%74.6%79.8%79.1%79.8%
IV Rank40.4%12.3%56.2%12.3%32.3%
IV Percentile76.7%5.6%95.2%5.6%60.7%
Term Structure-2.0%-22.8%96.6%16.6%2.7%
VWIV105.5%89.6%119.9%107.0%89.6%
Skew 25d-5.9%-48.2%27.2%1.8%27.2%
Skew 10d27.5%-22.2%101.0%3.8%30.5%
Call IV 25d102.5%73.9%131.9%76.0%73.9%
Put IV 25d96.7%74.7%134.6%77.8%101.0%
Bid-Ask Spread %66.7445.6091.6591.6560.66
Gamma HHI0.320.290.370.300.37
Net GEX15.8K12.1K21.0K12.1K18.0K
Net DEX-937.3K-1.4M-615.1K-615.1K-1.0M
Net VEX-6.2K-7.4K-5.3K-6.1K-5.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.430.004.580.000.04
Total Volume245.45501,9212474
Total OI24,526.86423,03426,71124,64823,596

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$1.75$1.5074.1%21.3%76.8%12.3%0.0%1.8%16.6%12.1K-615.1K-6.1K0.0091.65N/AN/A24019,4565,192
2024-05-02$1.92$1.50107.8%30.9%83.5%39.6%107.0%-15.0%0.9%15.1K-869.0K-6.6K0.0070.48N/AN/A56019,4545,192
2024-05-03$1.92$1.50104.3%29.9%83.0%36.7%104.2%18.6%-1.1%14.8K-852.6K-6.4K0.8878.59N/AN/A161419,4525,192
2024-05-06$1.92$2.00117.6%32.4%83.0%47.5%102.4%-8.7%-10.5%15.4K-918.3K-6.6K0.1745.90N/AN/A12219,4545,206
2024-05-07$1.98$2.00114.1%28.5%82.2%44.7%101.8%13.7%0.8%16.1K-923.3K-6.5K0.0245.60N/AN/A89219,4575,206
2024-05-08$1.98$2.00110.1%31.4%80.4%41.5%110.7%-24.7%-14.5%16.5K-1.0M-6.7K0.0054.85N/AN/A16019,4805,208
2024-05-09$1.92$2.00115.7%30.9%80.2%45.9%0.0%-17.6%-9.8%15.1K-851.4K-6.2K0.0061.79N/AN/A0019,4765,208
2024-05-10$1.87$2.00128.3%29.8%76.7%56.2%100.7%0.4%1.7%13.8K-755.9K-6.0K0.0067.93N/AN/A1,240019,4765,208
2024-05-13$1.90$2.00122.3%31.1%75.8%51.3%110.2%-11.0%-11.6%16.8K-977.5K-6.6K0.1669.00N/AN/A38620,6945,203
2024-05-14$1.96$2.00119.8%31.2%74.0%49.3%0.0%-11.8%-16.3%17.6K-1.0M-6.6K0.0069.75N/AN/A510020,6815,204
2024-05-15$2.02$2.00108.2%31.0%72.7%39.9%111.7%0.2%-15.0%20.1K-1.3M-7.3K0.0068.58N/AN/A331021,1865,204
2024-05-16$2.04$2.00103.9%29.8%72.5%36.4%98.2%11.9%96.6%21.0K-1.4M-7.4K0.1671.68N/AN/A631021,5065,204
2024-05-17$2.04$2.00110.5%31.7%72.5%41.7%116.7%-7.2%-8.5%19.9K-1.4M-7.4K0.0072.82N/AN/A1,919221,5025,209
2024-05-20$1.94$2.0096.7%27.7%76.1%30.6%96.7%-16.6%5.1%15.6K-960.9K-5.7K1.6172.46N/AN/A16126018,0384,996
2024-05-21$1.88$2.00109.9%31.5%77.7%41.3%108.5%-11.6%-13.6%14.3K-891.8K-5.8K4.5865.52N/AN/A125518,0955,235
2024-05-22$1.90$2.00117.3%33.6%76.1%47.3%119.9%-19.1%-22.8%14.7K-806.8K-5.6K0.0059.16N/AN/A13018,1065,286
2024-05-23$1.79$2.00111.5%32.0%77.9%42.6%91.3%-6.0%-13.4%12.1K-640.6K-5.3K0.0067.20N/AN/A8018,1095,286
2024-05-24$1.79$2.00105.8%30.3%73.0%37.9%115.6%-13.5%-6.6%12.1K-658.3K-5.4K1.0760.52N/AN/A141518,1135,286
2024-05-28$1.85$2.00110.7%31.7%58.6%41.9%108.7%-48.2%-10.3%13.6K-812.2K-5.4K0.0262.01N/AN/A214418,1125,290
2024-05-29$1.83$2.00112.8%32.3%55.9%43.6%115.1%2.7%-20.2%13.0K-753.5K-5.3K0.0077.38N/AN/A101018,2375,292
2024-05-30$2.08$2.0093.0%26.7%69.8%27.6%95.3%5.6%6.5%20.6K-1.2M-5.8K0.2774.70N/AN/A942518,2985,306
2024-05-31$1.98$2.0098.8%28.3%65.1%32.3%89.6%27.2%2.7%18.0K-1.0M-5.5K0.0460.66N/AN/A71318,3045,292