VSAT Options History — March 2025

In March 2025, VSAT traded between $8.21 and $11.75. ATM implied volatility averaged 82.7%, placing in the 31.1% IV rank vs the trailing year. The 30-day expected move averaged 24.5%. IV traded above realized volatility by 3.4% (HV 20d: 79.3%). Max pain ranged from $7.00 to $11.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 1.02.

Notable Days

  • 2025-03-05: Highest Volume — 8,788 contracts
  • 2025-03-06: Largest IV spike — 17.4% change
  • 2025-03-10: Highest IV Rank — 49.8%
  • 2025-03-10: Largest Expected Move — 30.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.04$8.21$11.75$8.21$10.48
Max Pain$9.15$7.00$11.00$9.00$11.00
ATM IV82.7%66.9%107.0%90.1%77.3%
Expected Move24.5%19.7%30.7%25.8%21.4%
HV 20d79.3%50.6%112.0%104.4%81.8%
HV 60d112.2%110.2%114.7%111.2%114.0%
IV Rank31.1%19.0%49.8%36.8%26.9%
IV Percentile51.6%23.8%88.5%69.8%40.1%
Term Structure-0.5%-9.7%5.4%-4.6%-3.0%
VWIV84.5%47.0%108.4%90.0%73.7%
Skew 25d2.8%-1.1%8.9%0.0%5.5%
Skew 10d6.4%-30.0%36.4%-30.0%21.3%
Call IV 25d82.0%68.0%95.1%92.5%76.4%
Put IV 25d84.8%72.5%98.6%92.5%81.9%
Bid-Ask Spread %58.3833.3488.0064.1552.48
Gamma HHI0.180.090.450.110.10
Net GEX152.8K22.3K316.7K22.3K93.9K
Net DEX-13.0M-20.0M-2.1M-2.1M-13.0M
Net VEX-106.9K-123.3K-90.0K-90.0K-113.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.020.038.552.100.46
Total Volume2,106.5714428,7882,4191,410
Total OI65,685.52449,01174,36864,59456,893

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$8.21$9.0090.1%25.8%104.4%36.8%90.0%0.0%-4.6%22.3K-2.1M-90.0K2.1064.15N/AN/A7811,63839,43025,164
2025-03-04$8.73$9.0092.9%26.6%107.0%39.0%89.0%8.9%-9.7%58.4K-4.8M-94.8K0.4371.78N/AN/A68529339,47224,699
2025-03-05$9.55$9.0086.1%24.7%112.0%33.7%87.4%4.3%1.4%101.7K-8.4M-102.4K0.0568.92N/AN/A8,39938939,55824,659
2025-03-06$9.63$9.00101.0%29.0%112.0%45.2%100.3%-1.1%-2.2%162.3K-13.3M-109.0K0.2464.13N/AN/A1,81344445,46324,813
2025-03-07$9.82$9.0098.4%28.2%111.8%43.2%99.2%1.0%-0.8%177.4K-14.4M-111.0K0.4261.65N/AN/A2,03585745,39724,653
2025-03-10$9.78$9.00107.0%30.7%91.2%49.8%108.4%3.6%-5.2%174.6K-14.1M-108.1K0.1367.78N/AN/A84110945,72124,921
2025-03-11$9.63$9.0089.9%29.7%91.1%36.7%105.6%1.6%-0.7%157.1K-12.3M-106.5K1.1267.20N/AN/A23225944,99424,908
2025-03-12$9.54$9.0086.0%26.8%50.6%33.7%99.5%3.5%-0.2%162.2K-11.8M-103.6K0.7667.87N/AN/A25119145,14824,944
2025-03-13$9.30$9.0086.7%28.5%51.6%34.2%99.0%-0.8%-1.0%136.5K-10.3M-99.7K1.2968.04N/AN/A30238945,16424,974
2025-03-14$9.66$9.0082.1%26.7%53.1%30.7%94.9%3.7%1.3%180.5K-12.2M-102.5K0.2566.64N/AN/A1,60739645,14625,131
2025-03-17$10.32$9.0081.9%23.9%57.6%30.5%85.1%0.8%1.3%278.5K-17.0M-105.6K1.3533.34N/AN/A1,2931,74146,26525,225
2025-03-18$9.89$9.0081.4%23.9%59.9%30.1%84.4%3.5%2.1%264.5K-13.9M-103.8K8.5537.57N/AN/A1391,18946,66526,359
2025-03-19$9.93$9.0076.0%23.4%59.9%26.0%84.2%1.8%5.4%316.7K-13.8M-99.7K0.4839.52N/AN/A37618146,69325,828
2025-03-20$9.79$0.0076.5%22.4%60.2%26.4%47.0%2.3%0.9%314.2K-12.4M-97.4K0.0388.00N/AN/A2,3966146,72125,821
2025-03-21$9.61$7.0074.1%21.7%60.1%24.5%75.6%6.0%0.6%37.7K-11.0M-100.4K0.1464.39N/AN/A78011248,67425,694
2025-03-24$11.21$7.0071.1%20.4%80.6%22.2%70.1%4.1%0.9%71.4K-15.4M-109.3K0.3349.42N/AN/A5,0611,66629,76019,251
2025-03-25$11.75$9.0066.9%19.9%78.5%19.0%69.9%4.5%2.2%138.2K-20.0M-123.3K0.5347.15N/AN/A1,25065934,42121,106
2025-03-26$11.57$10.0070.0%19.7%78.9%21.4%69.6%2.5%-0.5%131.6K-18.8M-123.0K1.2251.89N/AN/A8921,09234,84021,431
2025-03-27$11.61$11.0069.6%19.9%78.8%21.1%69.5%1.9%0.4%126.5K-18.6M-122.4K0.8446.72N/AN/A68057434,65321,800
2025-03-28$10.84$11.0071.0%20.3%84.2%22.1%71.5%0.8%-0.0%103.4K-15.0M-118.6K0.7347.30N/AN/A44832734,79222,145
2025-03-31$10.48$11.0077.3%21.4%81.8%26.9%73.7%5.5%-3.0%93.9K-13.0M-113.7K0.4652.48N/AN/A96444634,81822,075