VSAT Options History — July 2023

In July 2023, VSAT traded between $29.48 and $43.69. ATM implied volatility averaged 56.5%, placing in the 52.0% IV rank vs the trailing year. The 30-day expected move averaged 16.3%. IV traded below realized volatility by 41.6% (HV 20d: 98.0%). Max pain ranged from $30.00 to $45.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.51.

Notable Days

  • 2023-07-13: Highest Volume — 11,428 contracts
  • 2023-07-13: Largest IV spike — 57.9% change
  • 2023-07-13: Highest IV Rank — 85.8%
  • 2023-07-13: Largest Expected Move — 22.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.68$29.48$43.69$41.16$30.87
Max Pain$34.75$30.00$45.00$40.00$30.00
ATM IV56.5%42.0%78.2%46.3%61.2%
Expected Move16.3%12.6%22.4%13.3%17.5%
HV 20d98.0%41.7%128.7%46.1%127.6%
HV 60d72.5%48.7%85.6%48.7%84.3%
IV Rank52.0%21.0%85.8%28.6%64.5%
IV Percentile61.1%6.0%99.6%18.3%82.5%
Term Structure-3.4%-10.8%5.3%0.2%-10.8%
VWIV59.0%35.0%79.3%35.0%63.4%
Skew 25d3.6%-4.2%15.8%12.8%3.4%
Skew 10d9.7%-8.0%46.7%46.7%4.5%
Call IV 25d58.4%45.6%80.4%47.0%65.0%
Put IV 25d62.0%48.5%78.8%59.9%68.5%
Bid-Ask Spread %60.6112.26101.6795.3024.01
Gamma HHI0.290.170.420.180.37
Net GEX126.7K38.8K325.8K83.8K325.8K
Net DEX-4.2M-10.6M-440.2K-3.8M-7.3M
Net VEX-36.3K-66.9K-13.4K-18.4K-66.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.003.933.930.28
Total Volume2,166.5611,42869973
Total OI11,752.33,03621,8393,03621,839

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$41.16$40.0046.3%13.3%46.1%28.6%35.0%12.8%0.2%83.8K-3.8M-18.4K3.9395.30N/AN/A14552,169867
2023-07-05$42.27$40.0058.8%16.9%43.2%51.1%59.6%15.8%0.9%84.9K-4.3M-17.9K0.44101.67N/AN/A942,179907
2023-07-06$40.73$45.0050.3%12.6%43.8%35.9%50.8%3.3%1.0%86.0K-3.6M-17.4K0.1783.15N/AN/A612,184908
2023-07-07$42.20$45.0042.0%16.0%46.1%21.0%0.0%9.7%-4.2%85.4K-4.2M-18.8K0.0086.15N/AN/A602,188909
2023-07-10$42.48$45.0050.2%13.7%45.5%35.7%48.8%8.4%-1.7%88.5K-4.2M-17.5K0.0595.58N/AN/A11162,197909
2023-07-11$43.69$40.0042.5%13.6%42.0%21.9%0.0%0.4%1.9%92.2K-4.9M-18.0K0.0077.66N/AN/A1202,228908
2023-07-12$42.87$40.0049.5%14.2%41.7%34.4%54.5%6.0%-2.1%90.5K-4.6M-18.2K0.0079.46N/AN/A602,234908
2023-07-13$30.59$40.0078.2%22.4%126.3%85.8%79.3%-1.5%-4.5%38.8K-440.2K-13.4K0.6512.26N/AN/A6,9464,4822,236908
2023-07-14$30.59$30.0064.1%18.4%125.2%70.5%68.4%-4.2%-4.3%143.1K-3.3M-35.1K0.2442.03N/AN/A3,8769227,7304,741
2023-07-17$29.73$30.0060.6%17.4%125.2%63.2%63.3%1.5%-4.9%94.6K-1.5M-35.2K0.3540.76N/AN/A3,1261,1099,6675,229
2023-07-18$30.12$30.0060.7%17.4%125.6%63.5%62.1%-1.5%-5.7%152.3K-4.3M-42.5K0.7655.71N/AN/A1,28997711,4545,695
2023-07-19$31.60$30.0061.3%17.6%127.5%64.8%62.5%-0.8%-5.0%186.6K-7.5M-46.6K0.3957.31N/AN/A4,8801,92011,6556,291
2023-07-20$32.65$30.0057.6%16.5%128.2%57.0%57.6%-0.2%-8.5%272.3K-10.6M-54.2K0.2153.35N/AN/A1,02421313,1907,720
2023-07-21$31.26$30.0057.4%16.5%128.7%56.6%59.5%3.9%0.4%193.5K-7.7M-51.9K1.4553.35N/AN/A43763213,0237,595
2023-07-24$30.92$30.0055.0%15.8%128.6%51.6%57.5%2.7%5.3%139.9K-3.9M-49.4K0.5552.22N/AN/A4942729,5366,298
2023-07-25$30.35$30.0057.7%16.5%128.1%57.1%59.4%3.6%-8.1%105.3K-2.8M-49.8K0.4519.36N/AN/A1,0644769,8836,419
2023-07-26$30.13$30.0057.6%16.5%127.3%56.9%58.9%2.2%-5.9%106.7K-2.5M-51.0K0.2071.09N/AN/A73114310,4366,719
2023-07-27$29.48$30.0058.9%16.9%127.3%59.8%60.7%2.8%-4.4%79.1K-1.3M-51.9K0.1264.81N/AN/A8129410,8496,829
2023-07-28$29.88$30.0059.3%17.0%126.4%60.5%61.3%3.1%-7.6%84.8K-1.8M-51.6K0.0246.98N/AN/A6,10310510,5176,892
2023-07-31$30.87$30.0061.2%17.5%127.6%64.5%63.4%3.4%-10.8%325.8K-7.3M-66.9K0.2824.01N/AN/A76021314,8936,946