VNET Options History — August 2025

In August 2025, VNET traded between $7.38 and $8.71. ATM implied volatility averaged 93.0%, placing in the 37.2% IV rank vs the trailing year. The 30-day expected move averaged 27.0%. IV traded above realized volatility by 21.3% (HV 20d: 71.8%). Max pain ranged from $5.00 to $8.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.25.

Notable Days

  • 2025-08-29: Highest Volume — 16,564 contracts
  • 2025-08-21: Largest IV drop — 20.1% change
  • 2025-08-11: Highest IV Rank — 46.6%
  • 2025-08-12: Largest Expected Move — 29.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.95$7.38$8.71$7.51$8.71
Max Pain$5.14$5.00$8.00$8.00$5.00
ATM IV93.0%81.3%104.3%90.0%87.7%
Expected Move27.0%23.3%29.7%25.8%25.1%
HV 20d71.8%48.0%94.2%93.2%66.8%
HV 60d85.1%80.4%98.5%98.5%82.6%
IV Rank37.2%27.4%46.6%34.7%32.7%
IV Percentile58.6%25.8%82.1%52.8%43.3%
Term Structure-6.8%-49.1%8.1%8.1%-0.6%
VWIV96.5%83.1%107.9%92.1%87.6%
Skew 25d-10.3%-16.9%-4.2%-16.5%-7.0%
Skew 10d-9.1%-46.7%61.6%-46.7%-18.2%
Call IV 25d102.8%87.2%114.6%95.0%94.5%
Put IV 25d92.5%78.5%106.6%78.5%87.5%
Bid-Ask Spread %73.7343.0482.6168.0679.46
Gamma HHI0.280.240.410.250.28
Net GEX401.0K195.8K663.5K195.8K570.5K
Net DEX-22.0M-31.1M-14.8M-15.2M-31.1M
Net VEX-65.8K-74.5K-53.8K-64.7K-65.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.250.021.950.100.58
Total Volume4,538.33372216,56413,89116,564
Total OI87,972.04869,557102,47890,43181,777

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$7.51$8.0090.0%25.8%93.2%34.7%92.1%-16.5%8.1%195.8K-15.2M-64.7K0.1068.06N/AN/A12,6561,23560,97329,458
2025-08-04$7.86$5.0092.7%27.6%94.2%36.9%98.0%-10.5%-6.8%268.7K-20.2M-74.5K0.1466.18N/AN/A91712865,66430,168
2025-08-05$7.88$5.0090.2%27.8%94.2%34.8%98.0%-9.2%-7.5%290.4K-20.7M-73.9K0.6269.04N/AN/A55234365,62730,222
2025-08-06$8.04$5.0091.9%27.6%92.1%36.3%95.9%-11.7%0.0%325.2K-22.6M-73.1K0.1973.50N/AN/A1,37926165,77130,443
2025-08-07$8.18$5.0095.8%27.9%91.1%39.5%101.9%-10.9%-5.5%352.8K-24.2M-74.3K0.0571.98N/AN/A2,69113766,54130,309
2025-08-08$7.96$5.0090.5%28.0%78.0%35.1%101.4%-14.2%-5.5%346.2K-22.2M-71.7K0.0443.04N/AN/A7433267,84530,243
2025-08-11$8.04$5.00104.3%28.9%78.0%46.6%100.3%-11.4%-9.2%402.5K-23.3M-66.4K1.9568.01N/AN/A6291,22867,83230,221
2025-08-12$7.83$5.00102.0%29.7%64.0%44.7%104.0%-11.0%-11.0%353.4K-20.8M-65.3K0.0571.01N/AN/A4,43123467,71330,457
2025-08-13$8.02$5.00101.3%29.0%64.5%44.1%107.9%-7.7%-11.5%494.5K-23.9M-67.9K0.0479.32N/AN/A4,88620169,70330,484
2025-08-14$7.97$5.00103.0%29.5%64.5%45.6%107.9%-13.6%-49.1%663.5K-23.9M-66.4K0.1677.39N/AN/A62210071,98730,491
2025-08-15$7.83$5.00100.0%28.7%63.5%43.0%102.5%-9.7%-7.0%333.1K-20.3M-63.4K0.1578.41N/AN/A1,25618671,96430,361
2025-08-18$7.78$5.00100.7%28.9%58.1%43.6%104.6%-16.9%-9.5%347.7K-19.7M-60.9K0.0272.88N/AN/A13,02225959,77811,265
2025-08-19$7.84$5.0096.6%27.7%57.0%40.1%103.6%-15.6%-5.5%330.1K-19.2M-59.6K0.2373.96N/AN/A2,66561858,10411,453
2025-08-20$7.96$5.00101.7%29.2%48.0%44.5%101.6%-6.7%-10.6%361.4K-20.6M-62.1K0.6875.15N/AN/A1,13677860,88111,347
2025-08-21$7.38$5.0081.3%23.3%52.4%27.4%84.2%-9.6%-2.2%345.0K-14.8M-53.8K0.0975.83N/AN/A7,07966361,38812,095
2025-08-22$8.25$5.0082.8%23.7%66.9%28.6%83.1%-5.9%-1.6%474.5K-25.2M-64.5K0.0782.23N/AN/A5,49938665,90312,030
2025-08-25$7.88$5.0086.0%24.6%68.8%31.3%88.9%-7.6%-0.9%458.6K-21.9M-61.9K0.0680.86N/AN/A3,35219067,54511,925
2025-08-26$7.81$5.0086.4%24.8%68.8%31.6%90.9%-9.0%-3.8%473.5K-22.5M-63.4K0.0679.12N/AN/A1,5599470,15812,088
2025-08-27$7.75$5.0083.3%23.9%68.1%29.1%84.9%-4.2%-0.6%483.0K-21.4M-61.3K0.0382.61N/AN/A9082770,35712,133
2025-08-28$8.48$5.0085.3%24.4%75.0%30.7%87.8%-7.3%-1.7%551.1K-29.5M-66.3K0.0380.28N/AN/A5,49516470,71411,995
2025-08-29$8.71$5.0087.7%25.1%66.8%32.7%87.6%-7.0%-0.6%570.5K-31.1M-65.4K0.5879.46N/AN/A10,5106,05469,83011,947