VSAT Options History — March 2023

In March 2023, VSAT traded between $30.22 and $36.88. ATM implied volatility averaged 53.8%, placing in the 39.4% IV rank vs the trailing year. The 30-day expected move averaged 14.9%. IV traded below realized volatility by 12.3% (HV 20d: 66.1%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 16 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 14.37.

Notable Days

  • 2023-03-31: Highest Volume — 640 contracts
  • 2023-03-09: Largest IV spike — 39.1% change
  • 2023-03-14: Highest IV Rank — 67.5%
  • 2023-03-27: Largest Expected Move — 17.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.62$30.22$36.88$31.75$33.58
Max Pain$34.35$30.00$35.00$30.00$35.00
ATM IV53.8%42.2%68.5%49.9%46.2%
Expected Move14.9%12.1%17.7%14.3%13.2%
HV 20d66.1%55.0%84.5%76.9%67.4%
HV 60d62.3%58.1%63.6%62.3%63.5%
IV Rank39.4%14.6%67.5%33.3%20.5%
IV Percentile46.1%3.6%93.7%29.4%13.5%
Term Structure0.8%-8.1%17.7%4.6%5.6%
VWIV50.6%30.2%72.8%48.5%47.9%
Skew 25d8.0%-0.4%19.3%0.9%7.1%
Skew 10d11.1%-10.5%37.4%-10.5%16.0%
Call IV 25d46.4%36.9%56.6%48.5%43.4%
Put IV 25d54.4%41.9%62.6%49.3%50.5%
Bid-Ask Spread %93.4581.74102.3590.1388.99
Gamma HHI0.220.180.340.190.20
Net GEX12.9K-65.5K54.3K6.5K-21.7K
Net DEX-572.7K-1.9M1.3M-333.6K15.3K
Net VEX-13.7K-15.7K-12.9K-13.1K-15.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio14.370.03169.330.030.14
Total Volume160.6521964030640
Total OI2,984.872,3193,6232,9283,270

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$31.75$30.0049.9%14.3%76.9%33.3%48.5%0.9%4.6%6.5K-333.6K-13.1K0.0390.13N/AN/A2911,6291,299
2023-03-02$32.02$30.0042.2%12.1%76.7%19.1%41.6%0.9%1.7%9.7K-404.5K-13.0K11.0095.08N/AN/A2221,6461,300
2023-03-03$32.54$30.0049.4%14.2%75.6%32.4%53.1%4.4%9.9%13.7K-550.7K-13.3K8.5098.02N/AN/A2171,6461,320
2023-03-06$35.98$35.0062.8%14.5%84.5%57.0%50.9%6.4%-5.3%41.2K-1.5M-13.5K0.2581.74N/AN/A138351,6481,325
2023-03-07$35.07$35.0044.9%13.6%84.3%24.0%42.4%15.0%-4.4%40.8K-1.4M-13.5K0.4192.80N/AN/A2291,6851,337
2023-03-08$36.00$35.0046.3%14.1%84.3%26.6%48.5%8.4%-5.9%54.3K-1.6M-13.2K32.6790.52N/AN/A3981,6981,336
2023-03-09$35.47$35.0064.5%15.4%59.7%60.1%52.5%12.6%-3.3%28.4K-1.3M-14.2K0.3990.38N/AN/A33131,7041,423
2023-03-10$34.25$35.0051.6%12.8%61.7%36.3%46.6%6.7%17.7%27.6K-938.4K-14.0K1.7193.80N/AN/A7121,7231,440
2023-03-13$35.98$35.0066.5%15.6%63.2%63.9%54.3%17.7%4.9%33.9K-1.6M-13.9K1.7196.78N/AN/A7121,7171,431
2023-03-14$36.88$35.0068.5%17.0%63.4%67.5%55.8%8.1%2.8%39.2K-1.9M-13.5K3.9595.44N/AN/A592331,7221,433
2023-03-15$35.07$35.0053.8%15.4%60.2%40.5%53.9%2.1%5.3%37.1K-1.3M-13.7K2.0092.54N/AN/A15301,7241,442
2023-03-16$34.70$35.0056.8%16.3%59.5%45.9%51.7%6.5%0.8%53.0K-1.3M-13.3K1.0090.52N/AN/A11111,7281,456
2023-03-17$34.06$35.0048.9%14.0%55.5%31.4%48.8%5.7%-1.4%16.3K-843.8K-13.1K6.0093.64N/AN/A7421,7321,462
2023-03-20$33.61$35.0056.7%16.2%55.0%45.7%50.5%8.8%-5.6%15.1K-496.4K-12.9K0.0492.19N/AN/A10241,0271,292
2023-03-21$34.66$35.0050.3%14.4%55.3%34.1%49.5%7.8%5.0%20.4K-850.5K-13.3K18.2187.75N/AN/A142551,0871,294
2023-03-22$33.60$35.0050.1%14.4%56.0%33.7%30.2%19.3%3.2%3.8K-328.0K-13.9K0.3098.46N/AN/A33101,0971,546
2023-03-23$31.03$35.0058.8%16.8%62.7%49.6%56.6%13.0%-3.5%-6.7K364.0K-13.5K0.2189.00N/AN/A78161,1201,551
2023-03-24$31.66$35.0055.6%15.9%62.7%43.7%57.7%11.3%-2.0%-1.2K46.5K-13.4K3.7295.96N/AN/A712641,1471,567
2023-03-27$31.70$35.0061.9%17.7%62.0%51.8%51.5%4.7%-8.1%-6.5K139.6K-14.1K0.20102.03N/AN/A56111,1881,651
2023-03-28$30.22$35.0057.5%16.5%63.3%43.0%72.8%2.2%-6.4%-10.5K486.9K-13.6K14.5894.29N/AN/A243501,2391,657
2023-03-29$30.85$35.0051.5%14.8%63.9%31.1%54.7%-0.4%-4.3%-31.0K1.0M-14.6K54.14102.35N/AN/A73791,2582,032
2023-03-30$32.54$35.0043.2%12.4%66.7%14.6%43.3%14.7%7.1%-65.5K1.3M-15.7K169.3396.95N/AN/A35081,2592,364
2023-03-31$33.58$35.0046.2%13.2%67.4%20.5%47.9%7.1%5.6%-21.7K15.3K-15.1K0.1488.99N/AN/A563771,2682,002