VNET Options History — October 2025

In October 2025, VNET traded between $8.39 and $11.20. ATM implied volatility averaged 103.5%, placing in the 45.9% IV rank vs the trailing year. The 30-day expected move averaged 30.3%. IV traded above realized volatility by 7.7% (HV 20d: 95.8%). Max pain ranged from $9.00 to $10.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 0.67.

Notable Days

  • 2025-10-29: Highest Volume — 20,274 contracts
  • 2025-10-06: Largest IV spike — 25.9% change
  • 2025-10-29: Highest IV Rank — 57.0%
  • 2025-10-29: Largest Expected Move — 33.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.82$8.39$11.20$10.79$10.49
Max Pain$9.83$9.00$10.00$9.00$10.00
ATM IV103.5%83.9%116.7%93.2%101.2%
Expected Move30.3%25.8%33.5%26.7%29.0%
HV 20d95.8%81.9%108.0%93.4%91.9%
HV 60d85.2%79.3%87.5%86.3%86.8%
IV Rank45.9%29.6%57.0%37.3%44.0%
IV Percentile75.3%28.6%91.7%60.3%74.2%
Term Structure-3.8%-12.3%15.1%12.8%0.3%
VWIV107.0%87.3%113.3%87.3%108.1%
Skew 25d-13.1%-25.3%28.4%-12.2%-7.8%
Skew 10d-34.1%-124.0%7.6%0.5%-22.7%
Call IV 25d115.8%94.8%122.9%99.0%111.6%
Put IV 25d102.7%81.6%149.8%86.8%103.7%
Bid-Ask Spread %63.2647.6380.3971.9076.58
Gamma HHI0.150.130.170.160.16
Net GEX418.0K107.8K692.2K630.2K539.8K
Net DEX-36.0M-61.8M-14.4M-53.8M-41.6M
Net VEX-173.2K-208.9K-150.2K-204.2K-175.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.016.631.230.20
Total Volume5,224.43545920,2745,361459
Total OI135,013.348105,919155,021140,165131,797

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-10-01$10.79$9.0093.2%26.7%93.4%37.3%87.3%-12.2%12.8%630.2K-53.8M-204.2K1.2371.90N/AN/A2,4032,958103,44136,724
2025-10-02$11.20$9.0091.5%26.2%91.5%35.9%92.7%-15.2%15.1%692.2K-61.8M-206.7K0.4465.57N/AN/A9,0703,995104,08438,789
2025-10-03$10.56$9.0090.0%25.8%95.6%34.6%91.0%-13.2%13.6%628.1K-52.2M-208.9K0.1565.58N/AN/A3,212467110,84041,741
2025-10-06$10.61$10.00113.3%30.4%95.3%54.2%106.9%-22.2%-6.9%629.4K-52.9M-203.4K0.0848.37N/AN/A3,388279110,91841,933
2025-10-07$10.04$10.0090.6%29.5%96.6%35.1%101.7%-20.6%-4.6%482.6K-41.7M-192.9K0.2347.63N/AN/A5,7341,317109,86242,130
2025-10-08$9.91$10.0086.0%29.8%94.7%31.3%104.1%-25.3%-5.7%426.8K-39.2M-187.1K0.4454.40N/AN/A1,195522109,45342,934
2025-10-09$9.59$10.0083.9%28.6%81.9%29.6%104.9%-21.2%0.0%314.5K-32.8M-179.7K1.0758.34N/AN/A2,1232,272109,50342,725
2025-10-10$8.39$10.0097.1%31.2%93.0%40.6%112.6%-18.0%-4.8%107.8K-14.4M-158.4K0.7464.86N/AN/A7,2995,393110,71043,437
2025-10-13$9.46$10.00105.4%31.0%103.3%47.5%110.1%-14.9%-8.2%379.6K-31.8M-171.2K0.3058.23N/AN/A3,6141,093112,62340,140
2025-10-14$9.14$10.00112.7%31.1%103.7%53.6%110.7%-17.5%-7.2%294.4K-26.5M-165.3K0.2860.78N/AN/A1,463411113,44040,688
2025-10-15$9.57$10.00110.5%31.7%103.8%51.8%110.6%-14.2%-9.1%374.1K-33.5M-169.8K0.2151.70N/AN/A2,739582114,27240,749
2025-10-16$9.09$10.00108.5%31.1%105.2%50.1%110.9%-16.4%-8.5%213.7K-24.8M-158.0K6.6362.83N/AN/A8075,352113,40240,799
2025-10-17$8.75$10.00109.8%31.5%105.5%51.2%110.2%-14.1%-9.9%286.9K-18.7M-150.4K0.6360.44N/AN/A1,381867113,77636,958
2025-10-20$9.39$10.00106.2%30.5%108.0%48.2%112.9%-15.8%-5.5%348.0K-27.8M-157.8K0.1059.00N/AN/A1,74417381,72824,191
2025-10-21$9.34$10.00105.0%30.1%103.4%47.2%113.1%-20.3%-5.3%346.6K-27.2M-157.2K0.1058.27N/AN/A7127182,35424,315
2025-10-22$9.04$10.00108.5%31.1%92.8%50.1%112.1%-6.7%-6.5%323.1K-23.9M-150.2K0.1267.25N/AN/A7689382,50824,375
2025-10-23$9.34$10.00108.3%31.1%88.5%50.0%109.8%-11.3%-12.3%344.4K-27.5M-154.9K0.1468.59N/AN/A1,09715082,40724,377
2025-10-24$9.57$10.00111.6%32.0%88.1%52.7%113.3%-11.5%-10.2%378.7K-30.4M-157.5K0.0662.67N/AN/A1,5948883,03824,288
2025-10-27$10.02$10.00111.6%32.0%89.8%52.7%109.5%-9.8%-9.3%419.9K-35.1M-160.0K1.3568.13N/AN/A3,0214,07083,28624,312
2025-10-28$10.14$10.00107.8%30.9%89.6%49.6%110.7%-10.5%-6.7%433.6K-37.8M-165.2K0.7370.51N/AN/A8,3756,10986,17028,246
2025-10-29$11.04$9.00116.7%33.5%93.6%57.0%105.6%28.4%3.0%476.0K-49.5M-170.3K0.0180.39N/AN/A20,10716785,61234,240
2025-10-30$10.50$10.00111.4%31.9%94.3%52.5%111.5%-11.9%-11.2%542.5K-42.7M-178.8K0.1272.93N/AN/A1,27115797,72434,268
2025-10-31$10.49$10.00101.2%29.0%91.9%44.0%108.1%-7.8%0.3%539.8K-41.6M-175.7K0.2076.58N/AN/A3817897,51234,285