VSAT Options History — March 2021

In March 2021, VSAT traded between $47.18 and $56.42. ATM implied volatility averaged 49.2%, placing in the 8.3% IV rank vs the trailing year. The 30-day expected move averaged 13.9%. IV traded above realized volatility by 1.7% (HV 20d: 47.5%). Max pain ranged from $45.00 to $55.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 15 of 23 days. Put/call ratio averaged 1.10.

Notable Days

  • 2021-03-05: Highest Volume — 849 contracts
  • 2021-03-23: Largest IV spike — 14.3% change
  • 2021-03-09: Highest IV Rank — 13.1%
  • 2021-03-03: Largest Expected Move — 15.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.71$47.18$56.42$53.08$48.34
Max Pain$50.65$45.00$55.00$45.00$50.00
ATM IV49.2%43.0%55.8%51.0%43.1%
Expected Move13.9%12.3%15.1%14.6%12.4%
HV 20d47.5%40.8%55.6%55.6%49.6%
HV 60d53.0%51.0%54.2%51.1%53.9%
IV Rank8.3%2.6%13.1%8.9%4.0%
IV Percentile24.9%4.0%45.6%31.3%4.8%
Term Structure0.2%-4.9%5.5%0.0%0.0%
VWIV50.3%44.0%58.4%55.6%44.0%
Skew 25d-0.6%-6.0%1.3%0.6%-0.3%
Skew 10d-3.2%-13.3%6.5%-1.9%-8.7%
Call IV 25d50.4%44.3%55.4%53.2%45.1%
Put IV 25d49.8%43.4%54.7%53.8%44.8%
Bid-Ask Spread %64.8037.8587.3458.2287.34
Gamma HHI0.210.160.330.180.18
Net GEX420.2K125.5K675.8K627.4K128.5K
Net DEX-37.5M-57.4M-15.3M-47.5M-16.7M
Net VEX-88.2K-98.0K-78.0K-97.0K-90.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.100.124.430.510.21
Total Volume319.73962849739110
Total OI19,034.30411,61523,19621,86712,904

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$53.08$45.0051.0%14.6%55.6%8.9%55.6%0.6%0.0%627.4K-47.5M-97.0K0.5158.22N/AN/A48925015,6176,250
2021-03-02$52.91$45.0051.9%14.9%52.4%9.7%52.2%-1.4%-1.9%619.3K-47.0M-93.3K3.0358.59N/AN/A7422415,5616,395
2021-03-03$52.45$45.0052.5%15.1%52.6%10.3%58.4%1.3%-1.6%624.0K-45.7M-92.7K1.9353.66N/AN/A15429715,5846,324
2021-03-04$49.95$55.0054.8%14.7%55.1%12.2%55.6%-0.8%0.6%664.7K-38.7M-94.0K0.8159.07N/AN/A28523015,6056,276
2021-03-05$49.26$55.0053.9%14.6%54.1%11.4%51.5%-0.2%1.0%675.8K-36.5M-98.0K1.0248.15N/AN/A42142815,7116,477
2021-03-08$51.92$50.0055.4%14.9%46.7%12.7%53.4%-1.1%0.5%641.5K-44.7M-94.0K0.9745.24N/AN/A14013615,8556,884
2021-03-09$53.19$50.0055.8%14.2%42.0%13.1%53.0%1.1%2.6%601.9K-48.5M-91.0K0.2737.85N/AN/A1353615,8466,973
2021-03-10$53.54$50.0050.5%14.5%41.0%8.5%53.4%0.2%0.1%562.8K-50.2M-90.0K0.2759.17N/AN/A491315,8826,953
2021-03-11$55.16$50.0049.7%14.2%40.8%7.8%53.4%-0.1%5.5%545.6K-54.7M-85.1K0.4152.91N/AN/A1516215,8896,961
2021-03-12$55.42$50.0050.2%14.4%40.9%8.2%52.7%-0.7%2.3%579.4K-54.5M-84.7K0.1255.30N/AN/A1381615,8196,973
2021-03-15$56.42$50.0052.3%15.0%41.7%10.1%52.6%-1.4%1.0%546.5K-57.4M-81.2K0.2649.92N/AN/A2947515,7826,988
2021-03-16$53.72$50.0049.0%14.1%44.7%7.3%50.1%-0.2%2.9%653.0K-48.1M-78.9K0.2661.45N/AN/A952515,8597,026
2021-03-17$54.93$50.0049.9%14.3%45.3%8.0%52.3%-2.0%2.3%638.9K-52.7M-78.6K1.2862.90N/AN/A759615,8717,040
2021-03-18$52.69$55.0049.1%14.1%47.3%7.3%54.7%-2.6%-1.0%326.6K-46.6M-78.0K4.4366.76N/AN/A5624815,8377,123
2021-03-19$52.82$55.0045.7%13.1%47.1%5.5%47.4%-0.3%1.1%202.7K-46.2M-81.6K0.9467.61N/AN/A31429415,8427,354
2021-03-22$51.75$55.0043.0%12.3%45.4%2.6%45.7%-1.3%0.8%187.0K-22.8M-80.7K1.9175.43N/AN/A1132167,6213,994
2021-03-23$49.13$55.0049.2%14.1%48.3%9.2%46.0%-6.0%-4.9%173.1K-18.9M-88.2K1.7286.07N/AN/A1973387,6694,209
2021-03-24$48.16$50.0045.5%13.0%47.7%7.7%44.6%-1.7%-4.6%134.8K-16.9M-87.7K0.7778.70N/AN/A2561987,6434,680
2021-03-25$49.77$50.0043.7%12.5%47.9%4.9%44.2%0.8%-1.1%144.4K-18.2M-94.2K0.8882.48N/AN/A58517,6564,834
2021-03-26$49.26$50.0043.0%12.3%47.7%3.8%44.0%1.1%0.7%130.9K-18.0M-90.2K0.2678.37N/AN/A96257,6884,865
2021-03-29$47.18$50.0047.1%13.5%48.6%10.3%46.9%0.6%-1.0%125.5K-15.3M-87.7K2.7783.52N/AN/A792197,7414,888
2021-03-30$48.21$50.0045.0%12.9%49.6%6.9%44.9%0.2%-1.1%129.6K-16.5M-91.7K0.4081.67N/AN/A70287,7985,042
2021-03-31$48.34$50.0043.1%12.4%49.6%4.0%44.0%-0.3%0.0%128.5K-16.7M-90.8K0.2187.34N/AN/A91197,8275,077