VNET Options History — February 2025

In February 2025, VNET traded between $7.20 and $14.80. ATM implied volatility averaged 115.8%, placing in the 82.3% IV rank vs the trailing year. The 30-day expected move averaged 33.0%. IV traded above realized volatility by 30.5% (HV 20d: 85.3%). Max pain ranged from $5.00 to $9.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 0.45.

Notable Days

  • 2025-02-14: Highest Volume — 27,197 contracts
  • 2025-02-11: Largest IV drop — 17.8% change
  • 2025-02-20: Highest IV Rank — 100.0%
  • 2025-02-25: Largest Expected Move — 38.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.24$7.20$14.80$7.20$11.52
Max Pain$6.42$5.00$9.00$7.00$9.00
ATM IV115.8%93.3%133.4%94.8%121.7%
Expected Move33.0%26.8%38.3%27.2%34.9%
HV 20d85.3%74.2%105.9%74.2%105.9%
HV 60d92.6%88.3%95.9%95.9%92.9%
IV Rank82.3%55.9%100.0%57.7%86.2%
IV Percentile90.0%67.9%100.0%71.0%94.8%
Term Structure-5.7%-15.4%2.8%-1.8%-1.2%
VWIV116.4%94.1%135.8%97.4%124.1%
Skew 25d-14.7%-19.3%-6.2%-13.2%-12.0%
Skew 10d-14.3%-33.3%36.2%-29.2%31.5%
Call IV 25d126.0%105.1%145.5%108.1%131.7%
Put IV 25d111.3%92.1%131.0%94.9%119.8%
Bid-Ask Spread %40.8710.4863.4963.4949.19
Gamma HHI0.220.120.430.270.16
Net GEX239.6K138.6K417.0K139.0K235.9K
Net DEX-35.8M-72.7M-9.6M-9.6M-28.2M
Net VEX-57.7K-89.8K-30.9K-31.9K-82.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.450.041.820.470.48
Total Volume8,899.36870527,1971,1962,815
Total OI71,499.21148,286112,60548,28671,787

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$7.20$7.0094.8%27.2%74.2%57.7%97.4%-13.2%-1.8%139.0K-9.6M-31.9K0.4763.49N/AN/A81538132,74015,546
2025-02-04$7.61$7.00103.8%29.8%75.0%69.0%101.3%-8.1%-9.5%175.1K-12.0M-33.5K0.0459.02N/AN/A6753032,86715,718
2025-02-05$8.48$7.0093.3%26.8%81.1%55.9%96.5%-14.8%1.9%234.7K-17.6M-32.8K0.0445.38N/AN/A2,3019332,77015,742
2025-02-06$8.93$5.00105.2%28.8%79.8%70.8%101.3%-12.0%-7.1%237.0K-20.2M-33.2K0.2938.21N/AN/A2,06558933,27515,889
2025-02-07$9.07$5.00102.9%27.7%79.7%67.8%94.1%-13.7%-2.4%253.1K-21.1M-33.2K0.3846.11N/AN/A2,08780233,79216,377
2025-02-10$10.27$5.00120.0%32.1%83.3%89.2%114.7%-19.3%-4.4%213.0K-28.1M-30.9K0.8044.30N/AN/A10,6738,51534,15417,118
2025-02-11$10.00$5.0098.6%29.7%76.1%62.5%105.6%-18.9%1.1%138.6K-27.7M-45.6K0.1348.61N/AN/A3,83449340,23825,479
2025-02-12$11.18$5.00107.8%30.9%80.7%73.9%116.4%-15.0%-7.2%195.0K-37.0M-45.8K0.1935.58N/AN/A15,6672,94342,40625,747
2025-02-13$11.71$5.00108.2%31.0%80.7%74.5%106.4%-12.9%-1.2%244.6K-42.3M-56.6K0.1252.57N/AN/A3,48243350,77728,305
2025-02-14$11.41$5.00115.6%33.1%83.6%83.7%115.0%-15.7%-8.1%231.6K-39.8M-58.4K1.8247.41N/AN/A9,66017,53751,22128,468
2025-02-18$12.09$5.00124.9%35.8%82.7%95.3%125.9%-18.1%-15.4%164.6K-45.6M-61.8K0.1644.02N/AN/A7,2311,13455,93742,745
2025-02-19$13.20$5.00123.2%35.3%80.4%93.1%125.3%-17.7%-11.3%416.9K-57.8M-61.2K0.3534.50N/AN/A9,3763,32857,65954,946
2025-02-20$14.59$5.00130.6%37.4%82.5%100.0%130.5%-19.1%2.8%417.0K-70.6M-66.4K0.3310.48N/AN/A17,3555,65960,10745,977
2025-02-21$14.80$6.00130.6%37.4%82.3%100.0%128.3%-18.9%-8.9%281.5K-72.7M-76.3K0.9229.23N/AN/A8,1787,52762,84747,911
2025-02-24$13.36$9.00132.9%38.1%96.4%100.0%135.8%-16.0%-10.3%220.9K-40.4M-83.4K0.4531.64N/AN/A7,1983,24147,99615,079
2025-02-25$13.52$9.00133.4%38.3%93.2%100.0%133.8%-12.3%-9.8%253.7K-42.5M-89.2K0.4223.05N/AN/A3,5891,52450,75316,475
2025-02-26$12.77$9.00128.3%36.8%98.5%94.0%131.2%-15.1%-8.4%255.6K-37.4M-89.8K0.2230.24N/AN/A2,35752052,19517,490
2025-02-27$11.77$9.00124.9%35.8%105.4%90.0%128.2%-6.2%-6.8%244.6K-29.4M-83.8K0.9043.43N/AN/A2,6282,35352,30817,644
2025-02-28$11.52$9.00121.7%34.9%105.9%86.2%124.1%-12.0%-1.2%235.9K-28.2M-82.2K0.4849.19N/AN/A1,90690952,90318,884