VSAT Options History — January 2011 In January 2011, VSAT traded between $41.34 and $45.74. ATM implied volatility averaged 48.4%, placing in the 54.3% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded above realized volatility by 26.3% (HV 20d: 22.1%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 17 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 24.25.
Notable Days 2011-01-13 : Highest Volume — 98 contracts2011-01-12 : Largest IV spike — 165.1% change2011-01-07 : Highest IV Rank — 90.6%2011-01-06 : Largest Expected Move — 18.9%Monthly Statistics Metric Avg Min Max Open Close Price $43.50 $41.34 $45.74 $45.74 $43.40 Max Pain $45.00 $45.00 $45.00 $45.00 $45.00 ATM IV 48.4% 20.4% 67.6% 59.5% 59.9% Expected Move 13.1% 8.5% 18.9% 17.1% 17.2% HV 20d 22.1% 15.8% 26.7% 15.8% 26.7% HV 60d 19.8% 19.0% 20.7% 19.1% 20.4% IV Rank 54.3% 1.4% 90.6% 75.3% 76.0% IV Percentile 84.9% 0.8% 99.6% 99.6% 97.6% Term Structure -8.2% -39.1% 25.0% -23.8% -39.1% VWIV 29.0% 23.4% 34.7% 23.4% 34.7% Skew 25d 4.9% -28.2% 37.3% -2.1% 4.7% Skew 10d 12.5% -2.6% 53.1% 5.0% -2.6% Call IV 25d 52.9% 25.2% 85.4% 81.8% 50.5% Put IV 25d 57.8% 27.9% 87.7% 79.7% 55.2% Bid-Ask Spread % 139.17 110.88 149.35 143.04 149.35 Gamma HHI 0.48 0.28 0.74 0.74 0.54 Net GEX 9.6K -14.9K 17.4K 16.4K 14.4K Net DEX -978.3K -1.4M -469.0K -1.4M -1.2M Net VEX -5.0K -5.4K -4.4K -4.9K -4.4K Div Yield 0.0% 0.0% 0.0% 0.0% 0.0% P/C Ratio 24.25 0.00 97.00 0.00 0.00 Total Volume 10 0 98 0 0 Total OI 805.3 772 870 773 778
Daily Data (20 trading days) Date Price Max Pain ATM IV Exp Move HV 20d IV Rank VWIV Skew 25d Term Str GEX DEX VEX P/C Spread % Call Wall Put Wall Call Vol Put Vol Call OI Put OI 2011-01-03 $45.74 $45.00 59.5% 17.1% 15.8% 75.3% 0.0% -2.1% -23.8% 16.4K -1.4M -4.9K 0.00 143.04 N/A N/A 0 0 484 289 2011-01-04 $44.48 $45.00 62.0% 17.8% 19.2% 80.0% 0.0% 2.4% -15.5% 12.1K -1.2M -5.3K 0.00 133.39 N/A N/A 0 0 484 289 2011-01-05 $45.02 $45.00 46.0% 13.2% 19.4% 49.8% 0.0% 7.4% -6.1% 13.5K -1.3M -5.1K 0.00 135.91 N/A N/A 0 0 484 289 2011-01-06 $45.22 $45.00 65.8% 18.9% 19.3% 87.2% 0.0% 0.1% -22.1% 16.0K -1.3M -5.0K 0.00 139.72 N/A N/A 0 0 484 289 2011-01-07 $44.85 $45.00 67.6% 11.4% 19.0% 90.6% 0.0% 1.7% -9.0% 14.8K -1.3M -5.0K 0.00 146.94 N/A N/A 0 0 484 289 2011-01-10 $45.06 $45.00 66.8% 11.6% 19.1% 89.2% 0.0% 3.7% -3.1% 12.9K -1.3M -4.9K 0.00 141.40 N/A N/A 0 0 484 289 2011-01-11 $44.73 $45.00 20.4% 9.6% 19.0% 1.4% 0.0% 5.7% 17.4% 17.4K -1.2M -5.1K 0.00 127.26 N/A N/A 0 77 484 289 2011-01-12 $44.82 $45.00 54.0% 12.5% 19.0% 64.9% 0.0% 8.1% -17.1% -14.9K -1.0M -5.3K 0.00 142.48 N/A N/A 7 0 484 366 2011-01-13 $43.17 $45.00 40.0% 11.5% 23.5% 38.4% 0.0% 10.5% 1.5% -3.6K -803.5K -5.4K 97.00 139.10 N/A N/A 1 97 491 366 2011-01-14 $42.70 $45.00 30.6% 8.8% 23.8% 20.7% 23.4% 2.7% 25.0% -1.5K -736.4K -5.3K 0.00 136.66 N/A N/A 12 0 492 366 2011-01-18 $42.32 $45.00 45.3% 13.0% 23.4% 48.5% 0.0% 12.9% -10.4% 3.7K -659.2K -5.1K 0.00 140.97 N/A N/A 0 0 504 366 2011-01-19 $41.86 $45.00 29.7% 8.5% 23.6% 19.1% 0.0% -0.4% 8.7% 8.8K -580.7K -5.0K 0.00 110.88 N/A N/A 0 0 504 366 2011-01-20 $41.34 $45.00 44.8% 12.8% 23.8% 47.6% 0.0% 37.3% -22.7% 7.6K -478.5K -4.9K 0.00 135.88 N/A N/A 0 0 504 366 2011-01-21 $41.51 $45.00 38.2% 11.0% 24.0% 35.1% 0.0% 8.3% -17.2% 8.6K -469.0K -5.0K 0.00 142.30 N/A N/A 0 0 504 366 2011-01-24 $42.01 $45.00 49.9% 14.3% 24.4% 57.1% 0.0% -5.9% -1.3% 10.3K -853.8K -5.0K 0.00 145.67 N/A N/A 0 0 483 289 2011-01-25 $42.09 $45.00 48.3% 13.9% 22.7% 54.2% 0.0% 12.9% -16.5% 11.6K -816.8K -4.9K 0.00 140.98 N/A N/A 0 0 483 289 2011-01-26 $43.30 $45.00 34.6% 9.9% 25.3% 28.3% 34.7% 0.7% 7.7% 13.3K -967.9K -4.7K 0.00 142.03 N/A N/A 6 0 483 289 2011-01-27 $43.60 $45.00 43.4% 12.4% 25.4% 44.8% 0.0% 15.5% -0.3% 17.2K -1.0M -4.8K 0.00 145.99 N/A N/A 0 0 489 289 2011-01-28 $42.79 $45.00 61.2% 17.5% 26.1% 78.5% 0.0% -28.2% -19.8% 13.9K -990.0K -5.0K 0.00 143.53 N/A N/A 0 0 489 289 2011-01-31 $43.40 $45.00 59.9% 17.2% 26.7% 76.0% 0.0% 4.7% -39.1% 14.4K -1.2M -4.4K 0.00 149.35 N/A N/A 0 0 489 289
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