VRM Options History — September 2025

In September 2025, VRM traded between $23.33 and $30.08. ATM implied volatility averaged 223.8%, placing in the 62.8% IV rank vs the trailing year. The 30-day expected move averaged 64.2%. IV traded above realized volatility by 20.8% (HV 20d: 203.0%). Max pain ranged from $0.50 to $0.50. Net GEX was positive for 21 of 21 trading days.

Notable Days

  • 2025-09-10: Largest IV drop — 1.9% change
  • 2025-09-26: Highest IV Rank — 89.5%
  • 2025-09-26: Largest Expected Move — 65.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.29$23.33$30.08$24.40$23.89
Max Pain$0.50$0.50$0.50$0.50$0.50
ATM IV223.8%220.1%226.9%221.0%224.4%
Expected Move64.2%63.1%65.0%63.4%64.3%
HV 20d203.0%161.8%250.8%248.7%165.5%
HV 60d205.9%199.3%216.5%200.4%212.4%
IV Rank62.8%34.2%89.5%34.4%87.9%
IV Percentile96.3%89.7%98.8%91.3%96.0%
Skew 25d-2.0%-4.9%0.9%-3.7%-4.9%
Skew 10d-2.0%-4.9%0.9%-3.7%-4.9%
Call IV 25d224.9%222.6%228.3%222.8%226.8%
Put IV 25d222.9%219.1%226.7%219.1%221.9%
Bid-Ask Spread %4.580.1711.5711.570.22
Gamma HHI0.310.300.310.300.31
Net GEX94335943567
Net DEX-16.1M-17.8M-13.8M-14.4M-14.1M
Net VEX-294-558-209-223-339
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI8,0778,0778,0778,0778,077

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$24.40$0.50221.0%63.4%248.7%34.4%0.0%-3.7%0.0%35-14.4M-2230.0011.57N/AN/A005,9082,169
2025-09-03$26.40$0.50222.4%63.8%250.8%34.8%0.0%-1.0%0.0%36-15.6M-2260.005.91N/AN/A005,9082,169
2025-09-04$27.84$0.50223.2%64.0%250.6%35.0%0.0%-1.3%0.0%33-16.4M-2130.006.33N/AN/A005,9082,169
2025-09-05$29.40$0.50224.1%64.3%246.9%35.2%0.0%-1.5%0.0%34-17.4M-2190.006.82N/AN/A005,9082,169
2025-09-08$29.40$0.50223.4%64.0%246.5%35.0%0.0%-2.1%0.0%33-17.4M-2090.007.40N/AN/A005,9082,169
2025-09-09$29.40$0.50224.3%64.3%246.5%35.2%0.0%-2.3%0.0%34-17.4M-2130.007.40N/AN/A005,9082,169
2025-09-10$26.00$0.50220.1%63.1%231.7%34.2%0.0%0.0%0.0%594-15.3M-5580.006.84N/AN/A005,9082,169
2025-09-11$26.00$0.50222.2%63.7%209.7%34.7%0.0%-2.4%0.0%37-15.4M-2250.006.84N/AN/A005,9082,169
2025-09-12$26.75$0.50223.2%64.0%208.8%35.0%0.0%0.9%0.0%42-15.8M-2490.006.83N/AN/A005,9082,169
2025-09-15$26.26$0.50223.0%63.9%208.2%34.9%0.0%-2.9%0.0%41-15.5M-2420.007.41N/AN/A005,9082,169
2025-09-16$30.08$0.50224.7%64.4%200.7%88.1%0.0%-3.5%0.0%44-17.8M-2580.000.17N/AN/A005,9082,169
2025-09-17$23.33$0.50222.8%63.9%203.5%86.9%0.0%0.4%0.0%48-13.8M-2720.006.36N/AN/A005,9082,169
2025-09-18$23.40$0.50222.2%63.7%161.8%86.6%0.0%-3.2%0.0%46-13.8M-2590.006.86N/AN/A005,9082,169
2025-09-19$29.40$0.50224.2%64.3%180.3%87.8%0.0%0.3%0.0%48-17.4M-2750.000.18N/AN/A005,9082,169
2025-09-22$29.65$0.50225.5%64.7%175.6%88.7%0.0%-4.4%0.0%67-17.5M-3560.000.18N/AN/A005,9082,169
2025-09-23$29.40$0.50226.0%64.8%162.5%89.0%0.0%-4.6%0.0%69-17.4M-3590.000.18N/AN/A005,9082,169
2025-09-24$29.40$0.50224.7%64.4%162.5%88.1%0.0%0.0%0.0%439-17.3M-3660.000.18N/AN/A005,9082,169
2025-09-25$29.40$0.50225.9%64.8%162.5%88.9%0.0%-0.3%0.0%73-17.4M-3680.000.18N/AN/A005,9082,169
2025-09-26$29.40$0.50226.9%65.0%162.3%89.5%0.0%-0.3%0.0%75-17.3M-3750.000.18N/AN/A005,9082,169
2025-09-29$23.90$0.50225.4%64.6%178.1%88.6%0.0%-0.7%0.0%75-14.1M-3750.008.12N/AN/A005,9082,169
2025-09-30$23.89$0.50224.4%64.3%165.5%87.9%0.0%-4.9%0.0%67-14.1M-3390.000.22N/AN/A005,9082,169