VNET Options History — April 2025

In April 2025, VNET traded between $4.72 and $8.07. ATM implied volatility averaged 102.3%, placing in the 45.0% IV rank vs the trailing year. The 30-day expected move averaged 28.6%. IV traded below realized volatility by 0.7% (HV 20d: 103.0%). Max pain ranged from $6.00 to $8.00. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.59.

Notable Days

  • 2025-04-09: Highest Volume — 9,778 contracts
  • 2025-04-04: Largest IV spike — 34.8% change
  • 2025-04-07: Highest IV Rank — 69.0%
  • 2025-04-10: Largest Expected Move — 36.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.84$4.72$8.07$7.87$6.25
Max Pain$6.95$6.00$8.00$8.00$6.00
ATM IV102.3%88.3%131.1%90.4%95.5%
Expected Move28.6%25.6%36.0%25.6%27.4%
HV 20d103.0%89.6%115.6%105.2%115.6%
HV 60d112.9%105.8%117.0%105.8%117.0%
IV Rank45.0%33.2%69.0%35.0%39.3%
IV Percentile72.4%50.4%97.6%56.0%68.3%
Term Structure3.9%-6.3%14.1%0.4%2.1%
VWIV100.9%89.8%125.8%91.6%99.0%
Skew 25d-1.5%-21.3%46.3%-2.6%-1.8%
Skew 10d1.7%-40.9%38.5%-25.8%13.8%
Call IV 25d100.1%54.5%126.0%91.7%102.5%
Put IV 25d98.7%84.3%112.7%89.0%100.7%
Bid-Ask Spread %65.8428.97109.1043.0578.17
Gamma HHI0.260.150.440.180.32
Net GEX-6.5K-92.6K97.7K-92.6K97.7K
Net DEX4.1M-5.2M8.7M4.6M-5.2M
Net VEX-30.8K-48.3K-18.3K-45.9K-45.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.013.510.480.11
Total Volume3,119.9522199,7788713,799
Total OI66,946.14350,25381,35467,55362,297

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$7.87$8.0090.4%25.6%105.2%35.0%91.6%-2.6%0.4%-92.6K4.6M-45.9K0.4843.05N/AN/A59028144,86022,693
2025-04-02$8.07$8.0088.3%25.8%89.6%33.2%92.1%-2.4%5.5%-90.0K3.4M-48.3K0.2653.36N/AN/A38810145,01822,536
2025-04-03$7.33$8.0090.2%25.7%93.4%34.8%89.8%-4.7%5.2%-87.0K6.1M-39.3K0.9356.09N/AN/A72367045,29222,520
2025-04-04$6.38$8.00121.7%31.5%101.2%61.1%109.3%3.6%-5.0%-46.3K8.1M-29.1K1.5464.65N/AN/A2,9614,55045,45922,824
2025-04-07$6.33$7.00131.1%30.9%101.0%69.0%108.9%5.8%0.3%-49.2K7.7M-28.4K0.8858.81N/AN/A1,11397845,91423,566
2025-04-08$5.64$7.00124.7%29.4%102.8%63.6%103.7%-3.8%1.7%-25.9K8.7M-20.5K1.1068.94N/AN/A2,3122,54946,11723,194
2025-04-09$6.03$7.00108.5%31.1%108.2%50.2%110.2%-0.7%8.1%-30.3K6.8M-27.6K3.5164.47N/AN/A2,1687,61047,66724,128
2025-04-10$5.63$7.00125.6%36.0%108.6%64.4%125.8%-21.3%14.1%-30.1K8.6M-24.9K0.29109.10N/AN/A1,81652848,59628,741
2025-04-11$5.54$7.00104.7%30.0%95.7%46.9%108.2%-3.0%2.1%-40.7K7.6M-26.9K1.1671.80N/AN/A22125650,00129,041
2025-04-14$5.52$7.0099.6%28.5%96.0%42.6%98.8%-9.4%6.9%-42.6K8.2M-24.5K0.0481.02N/AN/A2,4629850,08229,283
2025-04-15$5.50$7.0099.9%28.6%96.7%43.0%97.4%-1.0%3.5%-37.5K7.3M-24.4K0.6678.57N/AN/A53735651,88627,602
2025-04-16$4.72$7.0090.5%26.0%102.0%35.1%92.0%46.3%12.6%-12.6K7.3M-18.3K0.2882.44N/AN/A7,2432,01951,77425,400
2025-04-17$5.04$7.0091.1%26.1%105.6%35.6%95.2%-6.5%8.1%96.4K4.5M-26.4K0.3334.02N/AN/A46215358,18623,168
2025-04-21$4.79$7.00101.9%29.2%105.8%44.6%103.5%1.6%-4.3%11.3K2.0M-24.1K0.0876.05N/AN/A2031635,81914,434
2025-04-22$4.89$7.00106.4%30.5%103.3%48.4%103.4%-2.4%-6.3%12.5K1.8M-24.9K0.0146.22N/AN/A3,9145335,94614,431
2025-04-23$5.31$7.0093.8%26.9%109.9%37.8%102.3%-2.7%12.7%34.9K438.0K-31.7K0.0772.90N/AN/A5,07034039,73514,584
2025-04-24$5.34$6.0097.7%28.0%106.3%41.1%101.9%0.5%4.7%36.9K383.6K-31.2K0.5328.97N/AN/A58630940,24114,632
2025-04-25$5.38$6.0095.7%27.4%106.2%39.4%92.2%-10.0%0.1%36.6K496.8K-30.8K0.0172.44N/AN/A6,2883240,68314,890
2025-04-28$5.41$6.0091.3%26.2%104.5%35.7%93.0%-7.5%8.1%55.0K-1.4M-36.3K0.0470.38N/AN/A8993546,01814,929
2025-04-29$5.58$6.00100.4%28.8%106.1%43.3%100.2%-9.1%0.6%66.1K-2.3M-38.9K0.0571.19N/AN/A7923846,73814,944
2025-04-30$6.25$6.0095.5%27.4%115.6%39.3%99.0%-1.8%2.1%97.7K-5.2M-45.5K0.1178.17N/AN/A3,42337647,38614,911