VSAT Options History — May 2023

In May 2023, VSAT traded between $35.80 and $45.69. ATM implied volatility averaged 48.2%, placing in the 30.5% IV rank vs the trailing year. The 30-day expected move averaged 13.9%. IV traded below realized volatility by 0.6% (HV 20d: 48.8%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.36.

Notable Days

  • 2023-05-22: Highest Volume — 647 contracts
  • 2023-05-10: Largest IV spike — 64.7% change
  • 2023-05-08: Highest IV Rank — 45.3%
  • 2023-05-15: Largest Expected Move — 15.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.64$35.80$45.69$36.70$44.33
Max Pain$32.50$30.00$35.00$35.00$35.00
ATM IV48.2%30.3%58.1%48.4%51.2%
Expected Move13.9%11.5%15.1%13.9%14.7%
HV 20d48.8%45.4%57.3%47.4%50.4%
HV 60d55.0%50.4%63.8%63.8%51.4%
IV Rank30.5%0.0%45.3%26.4%37.4%
IV Percentile26.3%0.0%63.9%19.8%41.7%
Term Structure0.9%-8.5%9.2%0.6%-3.4%
VWIV47.1%33.9%53.6%46.2%40.7%
Skew 25d4.8%-7.8%15.6%1.8%10.3%
Skew 10d8.5%-24.3%37.1%4.4%12.3%
Call IV 25d46.1%39.1%51.1%45.3%50.0%
Put IV 25d50.9%36.5%62.7%47.1%60.3%
Bid-Ask Spread %91.5381.84104.6292.3294.89
Gamma HHI0.270.210.380.260.22
Net GEX90.8K58.6K148.0K67.1K90.6K
Net DEX-4.9M-7.9M-2.5M-2.9M-7.1M
Net VEX-18.1K-19.0K-16.7K-17.5K-18.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.002.000.360.31
Total Volume140.5911564713293
Total OI3,9643,5544,7303,5544,114

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$36.70$35.0048.4%13.9%47.4%26.4%46.2%1.8%0.6%67.1K-2.9M-17.5K0.3692.32N/AN/A97352,0401,514
2023-05-02$36.58$35.0052.3%15.0%46.8%34.1%43.2%13.7%-2.2%71.7K-2.8M-17.8K0.0099.38N/AN/A3102,0771,549
2023-05-03$36.67$35.0040.1%11.5%46.2%10.2%44.1%-6.7%7.1%65.9K-2.8M-17.7K0.02104.62N/AN/A6612,0771,549
2023-05-04$36.12$30.0055.5%15.0%46.6%40.3%47.0%12.8%5.0%58.6K-2.5M-17.6K0.5791.63N/AN/A21122,0661,550
2023-05-05$37.39$30.0046.1%14.3%47.9%21.9%47.9%11.8%-1.3%69.5K-3.2M-17.6K0.0089.29N/AN/A10102,0571,550
2023-05-08$36.86$30.0058.1%14.8%48.3%45.3%49.5%8.8%-3.0%67.4K-3.0M-17.7K0.0082.12N/AN/A5702,1131,550
2023-05-09$37.57$30.0030.3%12.3%48.2%0.0%49.7%15.0%-0.3%84.6K-3.4M-17.3K0.0081.84N/AN/A18402,1621,550
2023-05-10$37.09$30.0049.9%14.3%48.5%35.2%51.2%4.0%9.2%83.1K-3.4M-18.0K0.0086.50N/AN/A7402,2351,550
2023-05-11$36.24$30.0047.2%13.5%48.9%30.3%49.2%-5.9%4.8%88.6K-3.0M-18.6K0.0090.72N/AN/A2602,3991,550
2023-05-12$35.80$30.0048.1%13.8%45.8%31.9%33.9%4.9%7.8%84.4K-2.8M-17.5K0.0283.41N/AN/A16342,4081,550
2023-05-15$37.13$30.0052.6%15.1%46.8%39.9%47.6%10.4%-0.4%116.0K-3.6M-19.0K0.6783.58N/AN/A2021362,5551,550
2023-05-16$36.86$30.0051.1%14.7%45.4%37.3%53.6%15.6%5.7%117.3K-3.4M-18.5K0.5482.48N/AN/A24132,7211,651
2023-05-17$37.97$30.0046.2%13.2%46.0%28.5%50.4%-1.8%2.6%148.0K-4.6M-18.1K0.4192.81N/AN/A3571462,7391,652
2023-05-18$40.65$35.0047.0%13.5%50.4%29.9%43.6%7.0%-8.5%120.7K-7.9M-18.0K0.3991.67N/AN/A135522,9471,783
2023-05-19$40.73$30.0048.3%13.8%49.3%32.2%48.1%9.0%-3.5%121.2K-7.8M-18.2K0.2891.66N/AN/A89252,9271,764
2023-05-22$44.67$35.0048.9%14.0%57.3%33.4%51.1%0.4%-3.2%103.4K-7.2M-16.7K0.5396.04N/AN/A4242232,3011,290
2023-05-23$43.67$35.0047.0%13.5%52.3%29.8%52.0%-0.1%1.3%89.8K-6.8M-18.6K0.1791.71N/AN/A111192,4061,522
2023-05-24$43.35$35.0048.9%14.0%51.3%33.4%46.1%4.2%-2.5%95.5K-6.6M-19.0K2.0094.95N/AN/A5102,4721,530
2023-05-25$44.59$35.0045.2%13.0%51.3%26.7%43.6%2.8%9.0%88.9K-7.4M-18.8K0.0099.28N/AN/A2602,4861,534
2023-05-26$45.48$35.0047.0%13.5%50.7%29.9%46.3%-4.6%-1.2%81.7K-7.8M-18.8K1.6695.43N/AN/A38632,4931,544
2023-05-30$45.69$35.0050.7%14.5%48.4%36.6%51.2%-7.8%-4.4%83.4K-7.9M-19.0K0.0097.36N/AN/A3002,5251,606
2023-05-31$44.33$35.0051.2%14.7%50.4%37.4%40.7%10.3%-3.4%90.6K-7.1M-18.7K0.3194.89N/AN/A71222,5081,606