VSAT Options History — February 2023

In February 2023, VSAT traded between $29.52 and $36.53. ATM implied volatility averaged 53.3%, placing in the 39.5% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded below realized volatility by 15.2% (HV 20d: 68.5%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.64.

Notable Days

  • 2023-02-08: Highest Volume — 693 contracts
  • 2023-02-08: Largest IV drop — 36.9% change
  • 2023-02-06: Highest IV Rank — 78.5%
  • 2023-02-01: Largest Expected Move — 16.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.20$29.52$36.53$35.02$31.91
Max Pain$31.84$30.00$35.00$35.00$30.00
ATM IV53.3%42.1%74.4%58.0%43.0%
Expected Move14.4%12.1%16.6%16.6%12.3%
HV 20d68.5%42.7%82.1%45.4%77.4%
HV 60d62.7%53.9%68.3%68.0%62.4%
IV Rank39.5%18.9%78.5%48.2%20.4%
IV Percentile42.5%3.2%98.8%63.5%4.0%
Term Structure-0.6%-15.9%21.5%-8.5%21.5%
VWIV52.1%45.2%59.7%57.0%59.5%
Skew 25d2.4%-15.8%14.2%13.9%-4.9%
Skew 10d2.2%-18.2%25.8%16.5%-11.7%
Call IV 25d50.1%42.6%53.9%51.2%53.3%
Put IV 25d52.6%31.9%65.1%65.1%48.4%
Bid-Ask Spread %86.9458.16100.1985.9858.16
Gamma HHI0.200.190.240.190.19
Net GEX18.3K-10.7K38.1K31.4K8.0K
Net DEX-656.4K-1.5M689.7K-1.1M-346.1K
Net VEX-13.9K-15.8K-11.5K-13.7K-13.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.002.670.102.67
Total Volume109.10516933311
Total OI3,048.4212,7293,4662,7292,918

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$35.02$35.0058.0%16.6%45.4%48.2%57.0%13.9%-8.5%31.4K-1.1M-13.7K0.1085.98N/AN/A3031,4761,253
2023-02-02$36.31$35.0062.2%15.1%46.0%55.9%59.7%5.7%2.9%33.8K-1.3M-13.7K0.3787.00N/AN/A52191,4921,281
2023-02-03$36.53$35.0062.7%14.9%42.7%56.9%49.0%11.8%-1.4%36.2K-1.5M-12.7K0.4988.97N/AN/A49241,4931,286
2023-02-06$35.50$35.0074.4%15.0%43.2%78.5%53.6%3.3%0.7%32.7K-1.1M-12.8K0.6087.30N/AN/A20121,5411,299
2023-02-07$34.61$35.0070.4%15.7%43.5%71.1%51.0%5.6%-2.1%27.3K-815.5K-13.0K1.1490.55N/AN/A79901,5501,305
2023-02-08$29.52$35.0044.4%12.7%70.6%23.2%50.9%8.0%-0.4%-10.7K689.7K-11.5K0.5991.99N/AN/A4372561,5881,390
2023-02-09$30.04$35.0051.6%14.8%70.4%36.5%53.2%1.4%2.6%2.0K195.3K-14.4K0.6676.66N/AN/A119791,9301,444
2023-02-10$30.80$30.0053.7%15.4%71.4%40.3%53.0%11.2%-4.5%6.0K-137.4K-15.2K0.4087.76N/AN/A25101,9761,482
2023-02-13$31.41$30.0051.8%14.9%72.1%36.8%53.7%-1.0%2.4%9.7K-259.3K-15.1K0.0189.09N/AN/A19221,9851,481
2023-02-14$34.09$30.0047.3%13.6%77.9%28.5%49.2%-0.4%4.5%28.1K-1.1M-15.8K0.5490.70N/AN/A136741,8691,482
2023-02-15$35.05$30.0043.8%12.6%78.5%22.1%45.2%-0.6%5.1%38.1K-1.3M-15.3K0.3192.55N/AN/A71221,8411,498
2023-02-16$32.95$30.0049.8%14.3%81.4%33.0%50.4%-2.0%-5.0%14.1K-602.6K-14.6K1.7491.28N/AN/A31541,8251,478
2023-02-17$33.80$30.0044.4%12.7%82.0%23.0%50.7%-15.8%0.2%17.4K-752.3K-14.3K0.1895.00N/AN/A1731,8081,461
2023-02-21$33.04$30.0054.4%15.6%82.0%41.6%51.5%14.2%-5.0%15.5K-683.5K-14.2K1.60100.19N/AN/A25401,6021,297
2023-02-22$32.33$30.0052.5%15.1%82.1%38.1%51.6%0.8%-10.0%13.7K-526.9K-13.7K0.4179.70N/AN/A44181,6061,277
2023-02-23$32.84$30.0042.1%12.1%80.9%18.9%51.0%2.8%5.9%15.9K-639.2K-13.7K0.0076.98N/AN/A101,6091,291
2023-02-24$32.11$30.0054.7%15.7%76.4%42.1%50.1%-2.8%-15.9%11.3K-486.8K-13.6K0.2290.91N/AN/A921,6101,291
2023-02-27$32.92$30.0050.9%14.6%77.0%35.1%50.1%-5.0%-4.5%16.5K-674.7K-13.6K0.1391.19N/AN/A1521,6121,293
2023-02-28$31.91$30.0043.0%12.3%77.4%20.4%59.5%-4.9%21.5%8.0K-346.1K-13.1K2.6758.16N/AN/A381,6261,292