VNET Options History — February 2026

In February 2026, VNET traded between $10.05 and $14.02. ATM implied volatility averaged 91.2%, placing in the 33.4% IV rank vs the trailing year. The 30-day expected move averaged 26.6%. IV traded below realized volatility by 1.2% (HV 20d: 92.4%). Max pain ranged from $9.00 to $10.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.56.

Notable Days

  • 2026-02-11: Highest Volume — 24,700 contracts
  • 2026-02-11: Largest IV spike — 18.3% change
  • 2026-02-24: Highest IV Rank — 44.0%
  • 2026-02-24: Largest Expected Move — 29.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.91$10.05$14.02$10.98$10.73
Max Pain$9.53$9.00$10.00$10.00$10.00
ATM IV91.2%75.3%103.4%79.6%97.2%
Expected Move26.6%21.6%29.6%22.8%27.9%
HV 20d92.4%82.0%100.5%94.8%91.1%
HV 60d72.0%66.7%77.7%67.4%77.7%
IV Rank33.4%19.7%44.0%23.4%38.6%
IV Percentile48.6%15.9%77.4%20.6%65.5%
Term Structure-5.6%-16.8%10.2%4.3%-6.9%
VWIV93.1%76.6%101.8%81.4%95.1%
Skew 25d-3.6%-12.1%4.4%-2.9%-4.4%
Skew 10d-6.9%-42.1%23.4%-11.4%-11.9%
Call IV 25d95.2%81.7%104.0%81.8%99.9%
Put IV 25d91.6%69.6%100.2%78.9%95.5%
Bid-Ask Spread %75.2161.2894.7778.4573.76
Gamma HHI0.210.160.590.180.17
Net GEX859.3K324.1K2.4M609.6K490.8K
Net DEX-54.4M-94.1M-23.3M-40.3M-28.6M
Net VEX-200.5K-217.1K-186.6K-199.8K-186.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.003.560.051.22
Total Volume5,648.7891,53824,7005,0066,795
Total OI141,100.947131,362163,345132,857137,180

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$10.98$10.0079.6%22.8%94.8%23.4%81.4%-2.9%4.3%609.6K-40.3M-199.8K0.0578.45N/AN/A4,78422287,73945,118
2026-02-03$10.84$10.0079.6%22.8%94.9%23.4%79.0%-1.6%4.9%550.3K-35.7M-195.5K0.6587.08N/AN/A2,9631,91386,18945,173
2026-02-04$10.18$10.0075.3%21.6%97.9%19.7%76.6%-12.1%10.2%339.5K-25.0M-187.2K0.4994.77N/AN/A3,8571,88885,14446,886
2026-02-05$10.05$9.0081.6%25.7%98.1%25.1%89.8%-11.5%-6.3%324.1K-23.3M-189.1K0.0088.70N/AN/A2,981485,52848,636
2026-02-06$11.18$9.0080.3%26.6%98.5%24.0%93.0%-2.2%-8.8%614.7K-41.0M-203.5K0.1177.38N/AN/A1,39114787,21648,637
2026-02-09$11.87$9.0087.5%26.1%100.5%30.2%93.9%-2.3%-11.3%795.3K-52.6M-200.3K0.0471.17N/AN/A4,36817688,32048,615
2026-02-10$12.29$9.0084.0%26.3%94.2%27.2%93.5%4.4%-9.3%980.5K-62.5M-201.6K0.1169.42N/AN/A4,94654691,20748,474
2026-02-11$13.61$9.0099.4%28.5%98.8%40.5%98.4%-5.9%-8.2%929.9K-84.2M-197.4K0.2061.28N/AN/A20,5964,10492,35548,641
2026-02-12$14.02$9.0088.7%25.4%96.5%31.2%93.7%0.9%1.7%972.6K-94.1M-213.7K0.0868.76N/AN/A6,75152796,94152,215
2026-02-13$13.70$9.0095.2%27.3%95.9%36.8%96.4%-0.6%-10.6%1.0M-86.7M-217.1K0.0966.82N/AN/A4,83142796,82552,223
2026-02-17$13.72$9.00102.7%29.4%90.0%43.3%97.1%-0.1%-16.8%1.1M-90.1M-204.4K0.1264.73N/AN/A2,53430198,52552,297
2026-02-18$12.36$9.0096.7%27.7%85.7%38.1%96.9%-4.4%-12.1%1.2M-65.1M-202.5K0.4167.55N/AN/A11,5084,76097,87252,992
2026-02-19$12.44$10.0098.8%28.3%82.0%40.0%99.4%2.4%-4.2%1.4M-70.0M-215.4K0.0773.80N/AN/A2,250151106,20557,140
2026-02-20$11.93$10.0092.0%26.4%83.2%34.1%90.5%-9.3%-3.4%2.4M-58.6M-207.4K0.0672.06N/AN/A2,253146105,41857,247
2026-02-23$11.23$10.0094.6%27.1%86.5%36.4%98.4%-1.3%-4.7%612.5K-38.8M-195.2K0.2476.60N/AN/A1,42634788,86443,433
2026-02-24$11.98$10.00103.4%29.6%88.8%44.0%101.8%-7.6%-11.6%710.0K-50.2M-199.8K0.2575.91N/AN/A1,25531789,00143,755
2026-02-25$11.89$10.0098.6%28.3%87.7%39.8%95.4%-8.5%-7.2%728.9K-48.1M-198.5K3.5679.11N/AN/A7662,72889,24143,935
2026-02-26$11.32$10.0097.7%28.0%89.6%39.1%99.4%-0.9%-5.4%605.2K-39.1M-195.1K2.8381.67N/AN/A6181,75089,34546,386
2026-02-27$10.73$10.0097.2%27.9%91.1%38.6%95.1%-4.4%-6.9%490.8K-28.6M-186.6K1.2273.76N/AN/A3,0653,73089,45747,723