VSAT Options History — April 2020

In April 2020, VSAT traded between $32.48 and $45.85. ATM implied volatility averaged 72.0%, placing in the 40.5% IV rank vs the trailing year. The 30-day expected move averaged 20.0%. IV traded below realized volatility by 90.0% (HV 20d: 162.0%). Max pain ranged from $30.00 to $45.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 1.61.

Notable Days

  • 2020-04-14: Highest Volume — 258 contracts
  • 2020-04-08: Largest IV drop — 27.0% change
  • 2020-04-03: Highest IV Rank — 60.7%
  • 2020-04-01: Largest Expected Move — 27.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.42$32.48$45.85$32.74$42.58
Max Pain$38.81$30.00$45.00$30.00$45.00
ATM IV72.0%50.7%100.8%94.4%57.2%
Expected Move20.0%14.5%27.1%27.1%16.4%
HV 20d162.0%88.7%224.5%215.2%88.7%
HV 60d132.6%125.7%136.3%125.7%136.3%
IV Rank40.5%25.6%60.7%56.1%30.1%
IV Percentile89.5%79.4%97.2%95.6%82.5%
Term Structure3.4%-15.2%19.1%-15.2%5.8%
VWIV71.6%46.8%112.1%112.1%64.1%
Skew 25d14.7%1.7%39.0%10.8%5.4%
Skew 10d38.8%-2.5%81.0%71.0%23.5%
Call IV 25d68.6%47.4%105.2%105.2%59.0%
Put IV 25d83.3%56.9%116.0%116.0%64.4%
Bid-Ask Spread %71.6450.5593.1693.1692.72
Gamma HHI0.240.200.330.220.23
Net GEX-68.6K-109.4K-14.7K-35.1K-89.3K
Net DEX6.9M4.8M8.6M7.1M7.9M
Net VEX-37.5K-47.2K-30.5K-33.0K-34.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.610.008.330.030.12
Total Volume60.524125810938
Total OI10,457.52410,17210,86410,20510,463

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-04-01$32.74$30.0094.4%27.1%215.2%56.1%112.1%10.8%-15.2%-35.1K7.1M-33.0K0.0393.16N/AN/A10636,2363,969
2020-04-02$33.94$30.0091.5%22.7%215.7%54.2%81.7%13.7%2.8%-34.0K6.9M-35.7K0.0775.78N/AN/A5646,3333,971
2020-04-03$32.48$30.00100.8%23.3%215.8%60.7%0.0%1.7%19.1%-14.7K6.3M-37.5K0.5088.73N/AN/A216,4633,973
2020-04-06$37.58$30.0077.5%21.3%222.4%44.3%77.2%13.1%2.9%-36.5K6.5M-37.8K8.3366.38N/AN/A3256,4613,949
2020-04-07$40.10$30.0081.9%20.0%223.0%47.4%0.0%18.6%8.8%-24.4K5.1M-47.2K0.0887.07N/AN/A120106,4614,056
2020-04-08$42.97$30.0059.8%17.1%224.5%32.0%63.3%13.4%4.1%-78.7K5.8M-43.2K0.4473.32N/AN/A45206,4414,065
2020-04-09$44.42$30.0075.1%21.5%221.6%42.6%69.1%8.7%-12.3%-49.1K4.8M-45.8K0.1159.15N/AN/A7996,4804,085
2020-04-13$41.98$30.0071.7%20.5%222.3%40.2%63.4%13.0%8.6%-51.2K5.7M-42.8K0.0061.80N/AN/A1106,4934,094
2020-04-14$42.97$35.0066.4%19.0%220.9%36.6%66.6%8.4%5.9%-63.3K5.7M-41.6K1.0868.95N/AN/A1241346,4924,095
2020-04-15$40.35$45.0076.7%22.0%222.1%43.8%76.6%12.6%-7.5%-24.9K5.6M-46.5K7.2565.25N/AN/A8586,6064,227
2020-04-16$38.93$45.0072.4%20.8%152.0%40.8%76.5%26.3%-0.3%-62.3K7.5M-33.1K0.4371.78N/AN/A23106,6124,235
2020-04-17$41.10$45.0067.3%19.3%135.3%37.2%66.1%39.0%11.1%-102.3K6.9M-35.7K0.7168.44N/AN/A17126,6194,245
2020-04-20$41.81$45.0077.2%22.1%130.2%44.1%72.6%20.5%-1.0%-69.5K7.2M-39.8K0.1069.23N/AN/A132136,1444,028
2020-04-21$39.27$45.0077.0%22.1%130.2%44.0%81.0%16.2%-4.5%-79.5K8.2M-35.1K0.8468.42N/AN/A25216,2514,039
2020-04-22$40.86$45.0072.6%20.8%102.5%40.9%88.0%18.4%16.4%-105.9K8.6M-30.5K0.0067.90N/AN/A016,2684,054
2020-04-23$41.60$45.0072.7%20.8%92.7%40.9%73.8%23.6%-2.3%-109.4K8.6M-31.7K3.0076.14N/AN/A266,2654,055
2020-04-24$41.48$45.0063.7%18.3%92.7%34.7%0.0%14.2%6.7%-107.6K8.5M-32.0K8.0082.07N/AN/A186,2654,063
2020-04-27$42.70$45.0054.2%15.5%92.7%28.0%57.7%15.0%5.0%-108.8K8.1M-33.1K0.7560.39N/AN/A436,2664,069
2020-04-28$43.15$45.0051.4%14.7%92.5%26.0%51.3%6.4%9.4%-108.2K7.8M-33.9K0.0350.55N/AN/A3516,2704,072
2020-04-29$45.85$45.0050.7%14.5%90.2%25.6%46.8%9.5%7.5%-86.1K6.6M-38.3K0.3357.31N/AN/A76256,3034,072
2020-04-30$42.58$45.0057.2%16.4%88.7%30.1%64.1%5.4%5.8%-89.3K7.9M-34.1K0.1292.72N/AN/A3446,3684,095