VRM Options History — April 2022

In April 2022, VRM traded between $124.80 and $224.80. ATM implied volatility averaged 187.0%, placing in the 84.4% IV rank vs the trailing year. The 30-day expected move averaged 53.6%. IV traded above realized volatility by 89.8% (HV 20d: 97.2%). Max pain ranged from $200.00 to $200.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.65.

Notable Days

  • 2022-04-21: Highest Volume — 632 contracts
  • 2022-04-11: Largest IV spike — 16.3% change
  • 2022-04-11: Highest IV Rank — 100.0%
  • 2022-04-04: Largest Expected Move — 56.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$162.28$124.80$224.80$207.20$124.80
Max Pain$200.00$200.00$200.00$200.00$200.00
ATM IV187.0%162.8%219.5%169.4%197.8%
Expected Move53.6%46.7%56.7%56.1%56.7%
HV 20d97.2%83.3%112.7%106.5%90.4%
HV 60d151.8%149.5%154.5%151.2%149.5%
IV Rank84.4%68.2%100.0%79.7%87.8%
IV Percentile95.3%89.3%100.0%95.2%97.6%
Term Structure-19.7%-37.6%23.5%23.5%-8.2%
VWIV191.3%163.0%213.9%213.9%204.9%
Skew 25d-7.9%-30.6%18.3%-19.7%5.0%
Skew 10d-21.9%-81.4%56.1%-34.9%-68.1%
Call IV 25d178.2%158.2%202.7%180.9%195.0%
Put IV 25d170.3%149.6%205.9%161.2%200.0%
Bid-Ask Spread %16.8811.7532.5713.6617.57
Gamma HHI0.260.170.360.320.27
Net GEX17.2K-14.4K57.9K26.4K30.3K
Net DEX5.0M706.0K9.8M6.3M2.0M
Net VEX-74.4K-119.4K-50.7K-104.6K-50.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.211.900.311.63
Total Volume157.6542632163126
Total OI3,665.252,5794,1654,0713,469

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$207.20$200.00169.4%56.1%106.5%79.7%213.9%-19.7%23.5%26.4K6.3M-104.6K0.3113.66N/AN/A124392,8261,245
2022-04-04$224.80$200.00184.1%56.7%110.8%88.9%203.6%-9.6%-37.6%57.9K4.1M-119.4K0.6512.99N/AN/A90582,8761,260
2022-04-05$207.20$200.00171.3%52.4%112.7%80.9%192.8%-17.9%-25.4%11.9K6.4M-103.1K0.4621.65N/AN/A55262,8971,246
2022-04-06$192.00$200.00188.3%55.0%111.1%91.5%194.3%-25.0%-30.9%-1.2K7.0M-91.3K0.3632.57N/AN/A73262,9051,222
2022-04-07$182.40$200.00199.7%55.4%111.7%98.6%196.9%-14.5%-34.9%-4.7K7.2M-89.8K0.3712.28N/AN/A71262,9251,230
2022-04-08$179.20$200.00188.7%53.9%111.1%91.8%210.9%-16.7%-27.4%-14.4K7.4M-84.9K0.3011.75N/AN/A61192,9351,207
2022-04-11$173.60$200.00219.5%54.9%97.9%100.0%199.1%-10.2%-34.4%14.5K9.6M-75.5K0.3117.81N/AN/A81252,9381,207
2022-04-12$167.20$200.00207.8%54.6%96.4%93.4%203.5%-15.6%-34.3%11.8K9.8M-71.9K0.2614.68N/AN/A78202,9571,206
2022-04-13$168.80$200.00181.6%52.1%92.2%78.7%185.4%6.3%-18.7%11.2K9.2M-71.5K0.5330.49N/AN/A167892,9801,163
2022-04-14$161.60$200.00190.6%54.6%92.7%83.8%192.9%-7.0%-18.0%15.7K7.2M-75.2K0.4511.86N/AN/A69313,0521,113
2022-04-18$152.80$200.00186.4%53.4%87.4%81.4%177.4%2.5%-10.8%13.1K3.1M-60.2K0.4426.80N/AN/A151671,786793
2022-04-19$157.60$200.00169.6%48.6%88.3%72.0%172.5%11.8%-9.1%10.9K3.1M-63.8K0.3715.54N/AN/A56211,903843
2022-04-20$137.60$200.00162.8%46.7%87.2%68.2%163.0%-24.8%-0.5%-1054.0M-53.0K1.8914.05N/AN/A591121,922905
2022-04-21$131.20$200.00183.9%52.7%83.3%80.0%185.0%2.6%-29.9%-4.8K4.1M-57.1K0.2114.46N/AN/A5211111,9401,005
2022-04-22$133.60$200.00176.3%50.6%85.2%75.8%179.8%1.7%-6.7%17.2K2.3M-67.4K0.8913.81N/AN/A65582,2831,086
2022-04-25$148.80$200.00186.1%53.4%96.4%81.3%182.6%-14.6%-21.5%41.5K706.0K-73.7K1.9016.34N/AN/A1152192,4291,109
2022-04-26$135.20$200.00188.2%53.9%99.2%82.4%194.4%-30.6%-13.7%29.7K2.3M-66.1K0.3113.42N/AN/A81252,4751,117
2022-04-27$132.00$200.00196.4%56.3%91.8%87.0%177.8%0.9%-23.3%41.0K1.5M-56.0K0.3212.42N/AN/A32102,489928
2022-04-28$128.00$200.00190.7%54.7%90.9%83.8%194.6%18.3%-32.6%35.7K2.2M-52.2K0.9513.54N/AN/A49472,498935
2022-04-29$124.80$200.00197.8%56.7%90.4%87.8%204.9%5.0%-8.2%30.3K2.0M-50.7K1.6317.57N/AN/A48782,509960