VNET Options History — June 2025

In June 2025, VNET traded between $5.42 and $6.99. ATM implied volatility averaged 81.9%, placing in the 27.9% IV rank vs the trailing year. The 30-day expected move averaged 23.4%. IV traded above realized volatility by 0.1% (HV 20d: 81.8%). Max pain ranged from $5.00 to $7.00. Net GEX was positive for 17 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.67.

Notable Days

  • 2025-06-27: Highest Volume — 35,049 contracts
  • 2025-06-16: Largest IV spike — 21.0% change
  • 2025-06-27: Highest IV Rank — 37.6%
  • 2025-06-27: Largest Expected Move — 26.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.87$5.42$6.99$5.46$6.89
Max Pain$5.65$5.00$7.00$7.00$5.00
ATM IV81.9%70.1%93.6%77.6%91.4%
Expected Move23.4%20.1%26.8%22.3%26.2%
HV 20d81.8%52.0%114.3%111.9%78.7%
HV 60d104.2%99.7%108.4%108.0%106.1%
IV Rank27.9%18.1%37.6%24.3%35.8%
IV Percentile33.2%6.0%67.9%22.2%61.5%
Term Structure1.8%-32.7%14.3%12.0%1.5%
VWIV82.3%54.5%101.3%81.2%101.3%
Skew 25d-6.8%-30.4%22.9%-4.3%-19.6%
Skew 10d-2.6%-50.5%53.5%36.9%-49.1%
Call IV 25d85.6%49.7%104.5%88.4%104.5%
Put IV 25d78.9%58.1%91.8%84.1%85.0%
Bid-Ask Spread %69.8258.1980.6476.8462.28
Gamma HHI0.350.280.450.310.28
Net GEX74.0K-16.7K236.5K86.0K236.5K
Net DEX-3.1M-15.5M902.6K-1.1M-15.5M
Net VEX-31.6K-56.7K-26.9K-27.7K-56.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.026.800.110.02
Total Volume5,214.223035,04937120,576
Total OI65,789.5544,93180,76261,53875,152

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-06-02$5.46$7.0077.6%22.3%111.9%24.3%81.2%-4.3%12.0%86.0K-1.1M-27.7K0.1176.84N/AN/A3333847,52614,012
2025-06-03$5.54$7.0082.9%23.8%112.3%28.7%83.1%-8.3%4.2%89.4K-1.3M-27.6K0.2675.03N/AN/A57514847,65514,023
2025-06-04$5.83$7.0082.5%23.6%114.3%28.4%85.2%4.4%3.2%109.1K-2.1M-29.0K0.3079.70N/AN/A62319047,83014,078
2025-06-05$6.00$5.0090.4%25.4%111.9%35.0%88.2%-3.0%0.6%124.4K-3.0M-30.5K0.1360.25N/AN/A2,43432847,88314,120
2025-06-06$5.91$6.0083.0%24.1%110.7%28.8%84.7%-5.4%3.8%126.5K-2.5M-29.5K0.7258.19N/AN/A46733649,29114,339
2025-06-09$6.12$6.0088.8%24.0%111.3%33.7%80.3%-10.4%2.8%148.1K-3.8M-30.1K6.8061.49N/AN/A1,71511,66049,31614,515
2025-06-10$6.03$6.0078.6%23.2%80.9%25.2%70.4%-9.2%5.6%88.1K-1.8M-32.0K0.1162.28N/AN/A5,60663850,08421,984
2025-06-11$6.01$5.0082.2%23.6%68.7%28.1%84.4%-13.4%4.9%143.5K-2.5M-33.2K0.1063.73N/AN/A4,82346455,46321,910
2025-06-12$5.78$6.0082.6%23.7%68.6%28.4%81.0%-10.5%3.1%99.8K-1.0M-31.7K2.4270.10N/AN/A17542457,98521,892
2025-06-13$5.42$6.0070.1%20.1%71.1%18.1%84.3%-30.4%-28.3%27.7K886.6K-28.6K0.8268.64N/AN/A25020658,00221,921
2025-06-16$5.64$6.0084.9%24.3%67.2%30.4%74.3%15.2%8.7%10.7K489.6K-26.9K0.4879.19N/AN/A29814458,04821,990
2025-06-17$5.51$6.0083.4%23.9%67.0%29.1%80.1%-7.5%5.7%-11.0K902.6K-27.0K0.1377.54N/AN/A1,44218858,18822,004
2025-06-18$5.49$5.0078.0%22.4%67.0%24.6%82.3%-13.9%-32.7%-12.4K-99.4K-27.3K0.3473.10N/AN/A1715959,51921,243
2025-06-20$5.45$5.0076.3%21.9%65.2%23.2%82.7%-12.1%8.5%-16.7K102.7K-26.9K0.0673.84N/AN/A6,04435259,55721,106
2025-06-23$5.47$5.0073.5%21.1%62.3%20.8%54.5%22.9%14.3%2.1K-2.7M-30.1K0.0480.64N/AN/A7112630,06714,864
2025-06-24$5.89$5.0078.0%22.4%68.2%24.6%79.4%-6.7%5.3%25.7K-4.5M-32.1K0.0467.75N/AN/A2,0297130,44614,884
2025-06-25$6.00$5.0079.1%22.7%68.5%25.5%88.9%-11.8%2.1%36.0K-5.3M-31.9K0.0468.67N/AN/A2,96910730,97714,870
2025-06-26$5.88$5.0081.5%23.4%52.0%27.5%85.4%-7.7%1.9%51.0K-5.2M-33.3K0.0970.84N/AN/A2,40321233,61414,968
2025-06-27$6.99$5.0093.6%26.8%78.9%37.6%93.4%-3.5%9.1%115.0K-11.3M-39.8K0.3066.22N/AN/A26,9608,08935,28215,183
2025-06-30$6.89$5.0091.4%26.2%78.7%35.8%101.3%-19.6%1.5%236.5K-15.5M-56.7K0.0262.28N/AN/A20,11646052,51422,638