VSAT Options History — July 2007

In July 2007, VSAT traded between $28.59 and $32.60. ATM implied volatility averaged 30.1%, placing in the 28.6% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 0.6% (HV 20d: 29.5%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.32.

Notable Days

  • 2007-07-25: Highest Volume — 135 contracts
  • 2007-07-05: Largest IV spike — 30.0% change
  • 2007-07-25: Highest IV Rank — 39.4%
  • 2007-07-25: Largest Expected Move — 10.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.25$28.59$32.60$32.43$28.63
Max Pain$34.29$30.00$35.00$30.00$35.00
ATM IV30.1%25.5%34.9%29.2%25.5%
Expected Move8.7%7.3%10.0%8.4%7.3%
HV 20d29.5%26.0%35.7%27.1%33.8%
HV 60d33.0%31.5%35.1%33.9%35.1%
IV Rank28.6%16.8%39.4%35.3%16.8%
IV Percentile54.7%14.6%92.1%80.2%14.6%
Term Structure4.3%-17.9%16.0%-8.9%9.0%
VWIV39.8%27.9%70.4%36.1%70.4%
Bid-Ask Spread %98.1870.71118.65118.65100.19
Gamma HHI0.750.500.900.670.50
Net GEX23.6K2.0K37.5K31.6K2.0K
Net DEX7.0K-310.2K581.9K-310.2K425.0K
Net VEX-2.0K-3.4K-378-3.4K-378
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.320.001.550.000.00
Total Volume14.9520135010
Total OI779.762742847809802

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-07-02$32.43$30.0029.2%8.4%27.1%0.0%0.0%0.0%-8.9%31.6K-310.2K-3.4K0.00118.65N/AN/A00630179
2007-07-03$32.05$30.0025.5%7.3%27.1%0.0%0.0%0.0%-3.2%29.6K-245.4K-3.3K0.00115.70N/AN/A00630179
2007-07-05$32.16$30.0033.2%9.5%27.1%35.3%0.0%0.0%-17.9%31.5K-297.6K-3.3K0.00118.13N/AN/A110630179
2007-07-06$32.01$35.0027.1%8.3%26.2%20.6%0.0%0.0%15.0%31.5K-255.7K-3.2K0.0092.41N/AN/A00640179
2007-07-09$32.10$35.0029.0%8.4%26.0%25.3%36.1%0.0%12.4%31.1K-236.1K-3.0K0.3893.70N/AN/A5320640179
2007-07-10$31.31$35.0027.7%9.2%27.6%22.2%0.0%0.0%5.4%25.2K49.9K-2.0K0.0092.81N/AN/A00603159
2007-07-11$31.65$35.0029.9%9.0%26.5%27.4%0.0%0.0%10.0%29.5K-136.3K-2.4K0.0093.62N/AN/A00603159
2007-07-12$32.25$35.0028.6%8.2%26.2%24.2%0.0%0.0%13.0%32.8K-188.9K-2.5K0.0097.54N/AN/A00603159
2007-07-13$32.31$35.0028.3%8.1%26.2%23.5%0.0%0.0%16.0%34.1K-217.8K-2.5K0.0097.41N/AN/A40603159
2007-07-16$31.46$35.0028.1%8.1%28.0%23.1%0.0%0.0%12.9%25.8K10.4K-2.0K0.0095.45N/AN/A00599159
2007-07-17$31.78$35.0031.3%9.0%27.9%30.7%0.0%0.0%8.6%29.7K-81.1K-2.1K0.00100.60N/AN/A00599159
2007-07-18$31.75$35.0031.8%9.1%27.7%31.9%35.6%0.0%6.7%29.8K-83.9K-2.1K0.00100.56N/AN/A10599159
2007-07-19$32.60$35.0029.2%8.4%28.8%25.6%0.0%0.0%-2.5%37.5K-215.1K-2.3K0.00104.04N/AN/A100598159
2007-07-20$31.99$35.0030.1%8.6%29.8%27.8%0.0%0.0%9.9%30.4K-54.2K-2.0K0.00105.02N/AN/A01593159
2007-07-23$32.10$35.0027.5%7.9%28.1%21.6%0.0%0.0%3.1%27.0K15.4K-1.8K0.0093.09N/AN/A00583159
2007-07-24$30.27$35.0034.1%9.8%35.7%37.5%34.1%0.0%2.2%11.7K292.8K-9591.0070.71N/AN/A11583159
2007-07-25$30.58$35.0034.9%10.0%35.5%39.4%27.9%0.0%-1.1%13.2K275.1K-9951.5587.48N/AN/A5382582160
2007-07-26$29.32$35.0034.2%9.8%34.3%37.8%34.7%0.0%-0.2%4.1K581.9K-6280.00105.44N/AN/A670608239
2007-07-27$28.59$35.0033.6%9.6%34.9%36.2%0.0%0.0%-0.4%3.6K409.1K-4790.0098.59N/AN/A00628174
2007-07-30$28.96$35.0033.3%9.5%34.3%35.5%0.0%0.0%0.4%3.9K409.9K-4690.0080.59N/AN/A00628174
2007-07-31$28.63$35.0025.5%7.3%33.8%16.8%70.4%0.0%9.0%2.0K425.0K-3780.00100.19N/AN/A100628174