VSAT Options History — February 2014

In February 2014, VSAT traded between $56.04 and $67.17. ATM implied volatility averaged 39.3%, placing in the 23.2% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded above realized volatility by 2.8% (HV 20d: 36.5%). Max pain ranged from $60.00 to $65.00. Net GEX was positive for 12 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 1.31.

Notable Days

  • 2014-02-21: Highest Volume — 676 contracts
  • 2014-02-27: Largest IV spike — 44.1% change
  • 2014-02-11: Highest IV Rank — 62.6%
  • 2014-02-03: Largest Expected Move — 15.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$62.02$56.04$67.17$57.68$66.71
Max Pain$62.37$60.00$65.00$65.00$60.00
ATM IV39.3%25.9%67.1%53.8%32.0%
Expected Move10.2%7.4%15.4%15.4%9.2%
HV 20d36.5%19.7%47.1%28.3%45.8%
HV 60d28.9%23.1%32.2%26.7%31.7%
IV Rank23.2%4.3%62.6%43.8%12.9%
IV Percentile52.9%3.6%96.8%90.9%29.4%
Term Structure-0.8%-17.9%8.3%-17.9%-7.1%
VWIV36.4%21.8%54.2%54.2%35.1%
Skew 25d5.1%-10.3%20.8%4.6%0.4%
Skew 10d15.2%-8.1%37.3%-3.5%-8.1%
Call IV 25d36.6%23.1%49.4%47.7%27.4%
Put IV 25d41.7%24.4%59.0%52.4%27.8%
Bid-Ask Spread %108.5098.29116.85104.54113.10
Gamma HHI0.510.230.810.310.81
Net GEX114.2K-33.0K359.9K-2.9K359.9K
Net DEX-768.1K-3.0M623.0K232.4K-2.3M
Net VEX-5.2K-9.9K-3.1K-3.8K-9.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.310.007.007.000.01
Total Volume120.895067680
Total OI997.2115411,6145411,614

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-02-03$57.68$65.0053.8%15.4%28.3%43.8%54.2%4.6%-17.9%-2.9K232.4K-3.8K7.00104.54N/AN/A17239302
2014-02-04$57.99$65.0039.0%11.2%28.4%22.9%0.0%18.3%-9.2%-5.1K310.1K-3.7K0.00116.67N/AN/A00240307
2014-02-05$57.12$65.0043.9%12.6%19.7%29.8%0.0%7.3%7.9%-7.1K325.4K-3.6K0.00109.93N/AN/A00240307
2014-02-06$57.96$65.0047.5%13.6%21.0%34.8%0.0%13.7%-11.8%-3.9K307.3K-3.8K0.00116.22N/AN/A00240307
2014-02-07$59.60$65.0053.0%9.7%23.0%42.7%21.8%6.1%-1.3%-3.0K221.7K-3.4K0.00103.95N/AN/A320240307
2014-02-10$59.99$65.0054.0%11.4%23.1%44.1%39.1%-0.3%-2.1%10.1K88.9K-3.9K0.3398.29N/AN/A3913271307
2014-02-11$60.03$65.0067.1%9.9%23.0%62.6%41.8%-2.4%5.9%15.6K-87.2K-3.8K0.26102.18N/AN/A439113298308
2014-02-12$56.04$65.0041.2%11.5%32.9%26.0%34.0%5.9%-5.8%-30.0K623.0K-3.5K1.42112.05N/AN/A2637630415
2014-02-13$57.26$65.0037.0%10.6%33.7%20.0%35.2%20.8%3.8%-33.0K541.0K-3.1K2.05109.57N/AN/A2041634443
2014-02-14$61.92$60.0030.8%8.8%44.7%11.3%37.2%0.8%8.3%102.3K-430.3K-4.8K7.00107.69N/AN/A535654434
2014-02-18$63.54$60.0025.9%7.4%45.6%4.3%30.4%4.0%-0.2%159.2K-788.9K-3.9K0.18103.06N/AN/A12923653461
2014-02-19$63.57$60.0026.9%7.7%45.2%5.7%0.0%8.2%6.4%171.6K-819.3K-3.7K0.00112.17N/AN/A20643484
2014-02-20$64.38$60.0026.0%7.5%45.4%4.4%0.0%10.4%6.9%261.3K-1.3M-3.7K0.05115.08N/AN/A955643475
2014-02-21$66.83$60.0036.0%10.3%47.0%18.6%35.5%-1.1%-3.2%223.1K-3.0M-4.8K0.04100.14N/AN/A65125718474
2014-02-24$66.65$60.0029.8%8.5%47.1%9.8%35.3%-10.3%6.7%143.0K-1.5M-7.4K0.00104.37N/AN/A3310768335
2014-02-25$66.76$60.0036.4%10.4%47.0%19.2%36.7%5.1%0.9%221.9K-2.2M-9.7K0.00108.63N/AN/A11701,079335
2014-02-26$67.17$60.0027.0%7.7%47.0%5.9%35.1%-1.8%4.6%294.2K-2.2M-9.0K0.01106.96N/AN/A11011,193335
2014-02-27$67.12$60.0038.9%11.2%45.6%22.8%0.0%7.6%-8.8%292.8K-2.7M-9.9K0.00116.85N/AN/A001,279335
2014-02-28$66.71$60.0032.0%9.2%45.8%12.9%0.0%0.4%-7.1%359.9K-2.3M-9.4K0.00113.10N/AN/A001,279335