VNET Options History — March 2026

In March 2026, VNET traded between $7.93 and $11.09. ATM implied volatility averaged 88.9%, placing in the 38.1% IV rank vs the trailing year. The 30-day expected move averaged 25.6%. IV traded above realized volatility by 6.1% (HV 20d: 82.8%). Max pain ranged from $9.00 to $11.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.96.

Notable Days

  • 2026-03-10: Highest Volume — 18,805 contracts
  • 2026-03-11: Largest IV drop — 27.6% change
  • 2026-03-10: Highest IV Rank — 63.3%
  • 2026-03-13: Largest Expected Move — 37.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.54$7.93$11.09$10.36$8.38
Max Pain$10.36$9.00$11.00$10.00$11.00
ATM IV88.9%76.3%125.8%98.0%80.8%
Expected Move25.6%20.1%37.2%28.1%23.2%
HV 20d82.8%74.5%91.5%90.3%79.5%
HV 60d84.1%78.0%88.6%78.0%87.7%
IV Rank38.1%29.5%63.3%39.3%35.0%
IV Percentile42.9%17.9%98.0%66.7%26.2%
Term Structure-6.3%-19.7%2.5%-8.1%-4.9%
VWIV88.9%76.6%111.2%104.2%78.7%
Skew 25d1.7%-7.7%12.1%-3.9%2.2%
Skew 10d2.7%-57.9%77.9%-23.2%33.2%
Call IV 25d88.4%76.7%107.9%105.7%82.2%
Put IV 25d90.1%75.4%112.5%101.8%84.4%
Bid-Ask Spread %59.2138.6786.6083.1538.67
Gamma HHI0.170.130.260.170.13
Net GEX175.9K-344.2K723.4K425.9K36.7K
Net DEX-9.8M-35.8M12.9M-23.4M2.2M
Net VEX-141.0K-176.8K-97.8K-176.8K-105.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.960.016.911.810.37
Total Volume4,984.54535918,8052,0611,841
Total OI133,002.90985,049175,433136,57395,351

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$10.36$10.0098.0%28.1%90.3%39.3%104.2%-3.9%-8.1%425.9K-23.4M-176.8K1.8183.15N/AN/A7341,32788,97147,602
2026-03-03$9.86$10.00101.0%29.0%90.1%41.9%103.0%2.1%-17.8%302.4K-15.9M-166.4K0.7086.60N/AN/A2,8001,94988,83648,895
2026-03-04$10.27$10.00110.2%31.6%91.5%49.8%111.2%4.6%-19.7%375.0K-20.3M-176.6K0.3983.09N/AN/A1,87073689,82450,756
2026-03-05$9.71$11.00109.7%25.3%91.0%49.4%96.0%5.0%-2.3%252.9K-14.1M-163.8K0.6974.54N/AN/A80455590,46051,311
2026-03-06$9.59$11.0093.4%26.3%90.9%35.3%90.7%1.6%-7.1%216.4K-10.7M-160.3K1.1480.98N/AN/A82394190,61651,671
2026-03-09$9.79$11.00101.4%29.0%82.0%42.3%92.7%4.6%-19.6%208.9K-10.1M-155.5K0.0176.89N/AN/A1,9582190,91952,528
2026-03-10$11.00$10.00125.8%26.4%90.1%63.3%93.1%-2.1%-10.9%556.0K-32.7M-171.6K0.0861.46N/AN/A17,4141,39191,04152,565
2026-03-11$11.09$10.0091.1%26.1%89.1%33.3%94.2%2.8%-2.2%723.4K-35.8M-176.6K0.0175.01N/AN/A1,44014100,50053,819
2026-03-12$10.62$10.0090.5%34.1%80.4%47.0%90.2%7.3%-6.3%585.2K-27.5M-167.8K0.0157.83N/AN/A14,023105101,66553,829
2026-03-13$10.52$10.0091.0%37.2%78.9%47.7%91.1%4.7%-6.8%529.6K-25.4M-162.7K0.0255.40N/AN/A15,30329098,68553,863
2026-03-16$9.48$10.0076.4%20.1%85.1%29.6%80.6%5.4%2.5%-155.2K-2.7M-128.4K0.1850.47N/AN/A6,2701,148108,70054,495
2026-03-17$9.43$9.0076.3%23.2%84.9%29.5%77.9%-7.7%-7.3%-301.1K56.6K-126.5K2.3051.19N/AN/A7881,811108,79655,122
2026-03-18$9.54$9.0081.8%23.4%79.2%36.3%84.2%-4.3%-6.5%-344.2K-1.8M-128.8K0.1152.73N/AN/A12,4841,325109,52755,031
2026-03-19$9.39$9.0081.4%23.3%78.9%35.8%85.3%4.7%-4.4%-194.6K-1.4M-133.1K6.9142.06N/AN/A6334,375119,75855,675
2026-03-20$8.79$11.0077.3%22.2%80.4%30.7%78.1%4.0%-0.6%127.1K12.9M-117.1K1.7943.03N/AN/A6731,204120,08054,392
2026-03-23$9.00$11.0078.9%22.9%79.7%32.7%78.3%-0.3%-2.5%143.7K-5.2M-119.9K1.4947.14N/AN/A1,5662,33754,90830,141
2026-03-24$8.86$11.0078.0%23.0%74.5%31.6%83.2%12.1%-3.3%105.8K-2.8M-119.2K1.4642.63N/AN/A14621355,87232,422
2026-03-25$9.14$11.0078.4%22.1%76.3%32.1%78.0%3.1%-0.4%128.9K-5.6M-123.3K0.7054.77N/AN/A2,3861,67255,93932,527
2026-03-26$8.64$11.0078.9%22.6%76.8%32.7%81.0%-2.3%-1.9%69.6K-1.2M-115.3K0.2348.36N/AN/A71616657,56434,038
2026-03-27$8.43$11.0078.2%22.4%75.4%31.8%107.2%-2.5%-9.9%57.6K1.3M-110.2K0.0553.44N/AN/A2,72512958,18234,169
2026-03-30$7.93$11.0077.5%22.2%77.0%30.9%76.6%-2.9%2.5%19.9K4.8M-97.8K0.6743.22N/AN/A33122360,73034,289
2026-03-31$8.38$11.0080.8%23.2%79.5%35.0%78.7%2.2%-4.9%36.7K2.2M-105.1K0.3738.67N/AN/A1,34549660,98334,368