VSAT Options History — March 2024

In March 2024, VSAT traded between $16.27 and $19.71. ATM implied volatility averaged 68.0%, placing in the 47.9% IV rank vs the trailing year. The 30-day expected move averaged 18.8%. IV traded below realized volatility by 6.9% (HV 20d: 74.8%). Max pain ranged from $18.00 to $21.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 1.36.

Notable Days

2024-03-28: Highest Volume — 5,007 contracts
2024-03-04: Largest IV spike — 16.5% change
2024-03-11: Highest IV Rank — 61.4%
2024-03-04: Largest Expected Move — 20.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$18.03	$16.27	$19.71	$19.71	$18.02
Max Pain	$19.30	$18.00	$21.00	$21.00	$18.00
ATM IV	68.0%	58.8%	78.6%	65.8%	58.8%
Expected Move	18.8%	16.8%	20.2%	18.9%	16.8%
HV 20d	74.8%	64.8%	94.7%	91.0%	67.0%
HV 60d	67.7%	65.6%	69.2%	66.5%	69.2%
IV Rank	47.9%	36.2%	61.4%	45.2%	36.2%
IV Percentile	72.6%	45.6%	92.9%	72.6%	45.6%
Term Structure	3.6%	-1.4%	9.4%	-0.5%	8.7%
VWIV	66.0%	59.3%	71.6%	67.2%	59.3%
Skew 25d	1.5%	-1.4%	4.9%	0.5%	0.5%
Skew 10d	3.0%	-2.7%	7.7%	-2.7%	0.9%
Call IV 25d	65.5%	59.5%	69.9%	67.9%	59.5%
Put IV 25d	67.0%	60.0%	73.5%	68.4%	60.0%
Bid-Ask Spread %	47.63	32.24	72.73	72.73	59.34
Gamma HHI	0.18	0.11	0.74	0.11	0.13
Net GEX	-188.0K	-1.2M	-60.7K	-82.5K	-60.7K
Net DEX	4.4M	2.2M	8.9M	2.2M	2.4M
Net VEX	-100.3K	-105.1K	-92.7K	-102.6K	-103.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.36	0.22	7.60	1.41	4.63
Total Volume	988.7	210	5,007	210	5,007
Total OI	33,716.25	29,044	36,767	33,632	32,938

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-03-01	$19.71	$21.00	65.8%	18.9%	91.0%	45.2%	67.2%	0.5%	-0.5%	-82.5K	2.2M	-102.6K	1.41	72.73	N/A	N/A	87	123	12,036	21,596
2024-03-04	$18.30	$20.00	76.7%	20.2%	94.1%	59.0%	70.6%	4.9%	-1.4%	-155.4K	5.3M	-98.4K	0.91	36.27	N/A	N/A	367	333	12,080	21,653
2024-03-05	$18.70	$20.00	78.0%	20.1%	94.7%	60.6%	71.6%	2.9%	0.3%	-136.5K	4.3M	-99.5K	7.60	34.63	N/A	N/A	163	1,239	12,203	21,743
2024-03-06	$18.48	$20.00	77.0%	20.1%	94.0%	59.4%	70.5%	4.8%	0.1%	-172.3K	5.4M	-104.3K	0.47	34.24	N/A	N/A	244	114	12,291	22,873
2024-03-07	$19.23	$20.00	76.1%	19.9%	72.0%	58.2%	69.5%	3.5%	0.9%	-129.8K	3.4M	-105.1K	0.38	32.51	N/A	N/A	532	202	12,433	22,922
2024-03-08	$18.77	$20.00	71.5%	20.0%	71.0%	52.4%	70.4%	2.8%	0.5%	-165.9K	4.3M	-103.9K	1.85	37.98	N/A	N/A	249	461	12,808	23,047
2024-03-11	$19.54	$20.00	78.6%	19.3%	72.3%	61.4%	68.1%	1.0%	1.5%	-108.0K	2.3M	-103.1K	1.70	32.24	N/A	N/A	433	734	13,015	23,189
2024-03-12	$18.76	$19.00	73.7%	18.4%	72.7%	55.2%	64.6%	0.0%	3.2%	-194.1K	4.4M	-98.0K	0.69	42.54	N/A	N/A	474	327	13,134	23,323
2024-03-13	$18.70	$19.00	64.7%	18.6%	67.4%	43.8%	65.8%	-0.2%	0.3%	-216.1K	4.5M	-101.5K	1.05	45.93	N/A	N/A	148	156	13,243	23,461
2024-03-14	$17.11	$19.00	65.6%	18.8%	74.0%	44.9%	68.4%	2.3%	3.0%	-345.6K	8.9M	-96.4K	0.35	46.66	N/A	N/A	860	298	13,320	23,445
2024-03-15	$17.41	$19.00	64.0%	18.3%	74.3%	42.8%	64.4%	0.7%	4.1%	-1.2M	7.9M	-96.8K	1.09	49.39	N/A	N/A	479	523	13,694	23,073
2024-03-18	$16.84	$19.00	65.1%	18.7%	69.9%	44.3%	63.9%	0.9%	2.8%	-107.6K	4.9M	-95.0K	0.27	48.43	N/A	N/A	1,399	378	8,730	20,314
2024-03-19	$16.27	$19.00	66.5%	19.1%	68.4%	46.0%	66.0%	2.3%	3.8%	-115.5K	5.7M	-92.7K	1.03	54.22	N/A	N/A	388	398	9,746	20,619
2024-03-20	$17.80	$19.00	65.3%	18.7%	74.0%	44.5%	65.7%	0.4%	2.9%	-83.9K	3.3M	-100.1K	0.42	51.36	N/A	N/A	835	347	10,002	20,798
2024-03-21	$17.26	$19.00	64.5%	18.5%	74.4%	43.5%	65.4%	1.3%	8.0%	-92.3K	4.0M	-100.7K	0.61	45.35	N/A	N/A	334	204	10,450	21,036
2024-03-22	$17.05	$19.00	61.8%	17.7%	66.9%	40.0%	62.3%	0.4%	8.2%	-97.2K	4.4M	-100.5K	0.80	52.87	N/A	N/A	372	296	10,697	21,148
2024-03-25	$17.32	$19.00	62.9%	18.0%	66.7%	41.4%	63.6%	1.1%	6.6%	-94.1K	4.1M	-101.5K	0.76	58.29	N/A	N/A	250	189	10,797	21,387
2024-03-26	$17.19	$19.00	61.8%	17.7%	64.8%	40.1%	61.2%	-1.4%	9.4%	-95.3K	4.1M	-99.6K	0.22	56.62	N/A	N/A	349	76	10,931	21,434
2024-03-27	$18.05	$18.00	60.9%	17.5%	67.4%	38.9%	61.2%	1.1%	9.2%	-62.7K	2.4M	-102.8K	1.02	61.01	N/A	N/A	201	205	11,225	21,491
2024-03-28	$18.02	$18.00	58.8%	16.8%	67.0%	36.2%	59.3%	0.5%	8.7%	-60.7K	2.4M	-103.0K	4.63	59.34	N/A	N/A	889	4,118	11,376	21,562