VSAT Options History — February 2007

In February 2007, VSAT traded between $31.85 and $35.60. ATM implied volatility averaged 29.4%. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 0.6% (HV 20d: 28.8%). Max pain ranged from $25.00 to $35.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 16 of 19 days. Put/call ratio averaged 1.27.

Notable Days

  • 2007-02-06: Highest Volume — 55 contracts
  • 2007-02-07: Largest IV drop — 37.2% change
  • 2007-02-20: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.70$31.85$35.60$32.67$34.16
Max Pain$31.32$25.00$35.00$25.00$35.00
ATM IV29.4%24.8%39.8%30.9%26.0%
Expected Move8.2%7.1%11.1%8.9%7.4%
HV 20d28.8%26.0%32.0%26.5%31.9%
Term Structure1.7%-32.0%10.5%5.0%4.5%
VWIV31.9%28.7%40.4%31.2%40.4%
Skew 25d2.4%-3.0%10.1%-2.2%10.1%
Skew 10d2.3%-6.3%14.2%-3.7%14.2%
Call IV 25d26.4%22.1%29.4%28.1%22.1%
Put IV 25d28.8%26.0%32.6%26.0%32.2%
Bid-Ask Spread %107.9296.79144.73119.18107.74
Gamma HHI0.870.650.980.700.93
Net GEX21.6K17.8K23.3K17.8K20.9K
Net DEX-1.0M-1.3M-562.5K-1.1M-614.9K
Net VEX-3.4K-3.6K-2.8K-2.8K-3.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.270.0012.000.040.00
Total Volume9.421055275
Total OI528.579401632525415

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-02-01$32.67$25.0030.9%8.9%26.5%0.0%31.2%0.0%5.0%17.8K-1.1M-2.8K0.04119.18N/AN/A26149926
2007-02-02$31.85$35.0029.7%7.9%28.6%0.0%0.0%0.0%10.2%21.2K-1.1M-2.8K0.00105.70N/AN/A0052527
2007-02-05$32.04$35.0033.4%8.1%28.3%0.0%0.0%0.0%7.5%20.9K-1.1M-2.9K0.00107.63N/AN/A0052527
2007-02-06$32.34$35.0039.8%7.9%28.3%0.0%0.0%0.0%6.8%21.3K-1.1M-2.9K0.10109.08N/AN/A50552527
2007-02-07$33.15$35.0025.0%8.7%29.1%0.0%29.6%0.0%-0.6%21.4K-1.3M-3.4K0.59102.94N/AN/A171056532
2007-02-08$32.92$30.0027.1%7.8%29.2%0.0%0.0%0.0%-0.0%23.3K-1.3M-3.6K0.00105.09N/AN/A1058242
2007-02-09$33.31$30.0028.6%8.2%27.8%0.0%28.7%0.0%2.2%22.7K-1.3M-3.6K12.00100.09N/AN/A11258242
2007-02-12$32.92$30.0027.0%7.7%28.4%0.0%0.0%0.0%1.1%22.4K-1.2M-3.6K0.00109.84N/AN/A4058349
2007-02-13$32.90$30.0027.0%7.7%28.3%0.0%0.0%0.0%1.1%22.2K-1.2M-3.6K0.00108.84N/AN/A0058049
2007-02-14$33.78$30.0029.4%8.4%28.3%0.0%0.0%0.0%1.2%21.9K-1.3M-3.6K0.0096.79N/AN/A0058049
2007-02-15$33.90$30.0029.0%8.3%27.5%0.0%0.0%0.0%2.4%21.7K-1.3M-3.6K0.0098.33N/AN/A0058049
2007-02-16$33.68$30.0029.1%8.3%27.9%0.0%0.0%0.0%2.0%21.9K-1.3M-3.6K0.00101.32N/AN/A0058049
2007-02-20$35.30$30.0038.8%11.1%30.2%0.0%0.0%0.0%-32.0%21.7K-767.3K-3.6K0.00144.73N/AN/A1037238
2007-02-21$35.54$30.0027.5%7.9%30.1%0.0%0.0%0.0%3.3%22.8K-787.2K-3.6K0.00101.94N/AN/A0237238
2007-02-22$35.18$30.0026.7%7.6%29.4%0.0%0.0%-2.2%4.5%23.1K-754.0K-3.6K0.00103.15N/AN/A15037240
2007-02-23$35.60$30.0028.8%8.3%29.1%0.0%0.0%-3.0%2.0%21.4K-775.4K-3.5K0.00105.95N/AN/A0536140
2007-02-26$35.40$30.0029.6%8.5%26.0%0.0%29.6%-1.4%1.4%22.0K-734.1K-3.5K1.25107.34N/AN/A4536145
2007-02-27$33.71$35.0024.8%7.1%32.0%0.0%0.0%8.4%10.5%20.1K-562.5K-3.5K0.00114.77N/AN/A15036550
2007-02-28$34.16$35.0026.0%7.4%31.9%0.0%40.4%10.1%4.5%20.9K-614.9K-3.5K0.00107.74N/AN/A5036550