VSAT Options History — July 2025

In July 2025, VSAT traded between $14.52 and $16.71. ATM implied volatility averaged 80.5%, placing in the 29.4% IV rank vs the trailing year. The 30-day expected move averaged 23.6%. IV traded above realized volatility by 22.8% (HV 20d: 57.7%). Max pain ranged from $12.00 to $15.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.35.

Notable Days

2025-07-22: Highest Volume — 20,319 contracts
2025-07-09: Largest IV spike — 17.9% change
2025-07-29: Highest IV Rank — 41.1%
2025-07-29: Largest Expected Move — 27.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$15.27	$14.52	$16.71	$14.61	$16.71
Max Pain	$14.59	$12.00	$15.00	$12.00	$15.00
ATM IV	80.5%	61.6%	95.7%	71.7%	94.3%
Expected Move	23.6%	17.7%	27.4%	20.6%	27.0%
HV 20d	57.7%	48.8%	72.6%	70.3%	57.9%
HV 60d	67.1%	63.3%	78.9%	78.9%	67.1%
IV Rank	29.4%	14.9%	41.1%	22.7%	40.0%
IV Percentile	42.1%	7.5%	77.4%	20.2%	75.8%
Term Structure	-7.1%	-20.6%	16.3%	12.6%	-18.8%
VWIV	84.0%	63.5%	96.5%	72.2%	96.4%
Skew 25d	1.7%	-3.5%	6.9%	-1.1%	1.0%
Skew 10d	4.7%	-27.1%	15.9%	-4.9%	8.4%
Call IV 25d	84.8%	66.0%	98.1%	74.7%	96.7%
Put IV 25d	86.6%	62.4%	97.7%	73.6%	97.7%
Bid-Ask Spread %	50.14	29.81	76.11	72.78	53.08
Gamma HHI	0.16	0.13	0.20	0.18	0.14
Net GEX	485.4K	318.4K	623.5K	443.0K	560.4K
Net DEX	-43.8M	-54.7M	-31.0M	-42.5M	-53.1M
Net VEX	-174.3K	-247.4K	-136.6K	-166.3K	-247.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.35	0.03	2.30	0.05	0.20
Total Volume	3,337.545	256	20,319	8,334	5,107
Total OI	86,655.864	72,054	92,160	91,074	85,890

Daily Data (22 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
2025-07-01	$14.61	$12.00	71.7%	20.6%	70.3%	22.7%	72.2%	-1.1%	12.6%	443.0K	-42.5M	-166.3K	0.05	72.78	N/A	N/A	7,967	367	53,490	37,584
2025-07-02	$15.03	$12.00	61.6%	17.7%	67.3%	14.9%	63.5%	-3.5%	16.3%	497.4K	-46.1M	-159.9K	0.13	76.11	N/A	N/A	3,947	517	52,594	37,707
2025-07-03	$16.26	$14.00	62.2%	22.3%	69.3%	15.4%	80.4%	6.9%	-4.6%	464.5K	-54.7M	-158.5K	0.27	34.40	N/A	N/A	3,942	1,071	51,029	37,447
2025-07-07	$15.84	$14.00	70.1%	23.9%	72.1%	21.4%	83.3%	2.2%	-4.8%	526.1K	-52.6M	-151.9K	0.43	29.81	N/A	N/A	1,126	483	51,879	37,849
2025-07-08	$15.77	$15.00	68.6%	23.7%	72.6%	20.3%	83.1%	3.4%	-7.7%	529.4K	-50.5M	-155.5K	0.31	42.60	N/A	N/A	1,553	474	51,798	37,938
2025-07-09	$15.47	$15.00	80.9%	23.2%	60.3%	29.7%	82.0%	5.3%	-4.7%	542.1K	-48.6M	-152.3K	0.08	39.25	N/A	N/A	710	59	52,296	38,313
2025-07-10	$15.43	$15.00	82.2%	23.6%	60.6%	30.7%	83.1%	2.8%	-6.6%	554.0K	-48.1M	-149.9K	0.26	43.35	N/A	N/A	552	143	52,398	38,338
2025-07-11	$14.89	$15.00	82.8%	23.7%	63.6%	31.2%	85.5%	0.8%	-7.6%	543.3K	-42.6M	-150.1K	0.10	44.54	N/A	N/A	3,196	311	52,528	38,414
2025-07-14	$15.04	$14.00	81.9%	23.5%	62.3%	30.5%	82.9%	2.2%	-6.7%	574.9K	-43.4M	-143.8K	0.43	45.55	N/A	N/A	1,036	444	51,665	38,580
2025-07-15	$15.01	$15.00	81.9%	23.5%	50.3%	30.5%	85.4%	2.5%	-6.7%	603.6K	-43.4M	-142.0K	0.07	41.83	N/A	N/A	2,091	156	52,027	38,856
2025-07-16	$15.52	$15.00	81.5%	23.4%	50.6%	30.2%	82.3%	4.0%	-7.7%	623.5K	-48.7M	-144.8K	0.21	47.53	N/A	N/A	2,294	492	53,317	38,843
2025-07-17	$15.79	$15.00	80.5%	23.1%	50.7%	29.4%	82.8%	2.1%	-7.2%	603.4K	-51.6M	-141.2K	0.34	51.10	N/A	N/A	902	307	52,600	38,906
2025-07-18	$15.56	$15.00	80.0%	22.9%	51.4%	29.1%	81.0%	3.6%	-6.7%	356.1K	-49.7M	-140.2K	0.17	32.79	N/A	N/A	3,217	542	52,871	39,017
2025-07-21	$14.86	$15.00	80.2%	23.0%	53.5%	29.2%	84.3%	-1.3%	-7.3%	341.6K	-33.0M	-137.3K	0.36	46.13	N/A	N/A	1,689	613	42,661	29,497
2025-07-22	$14.59	$15.00	83.0%	23.8%	53.7%	31.3%	84.5%	1.6%	-8.3%	318.4K	-31.0M	-136.6K	0.03	46.37	N/A	N/A	19,806	513	42,447	29,607
2025-07-23	$15.23	$15.00	82.3%	23.6%	55.1%	30.8%	79.6%	-0.2%	-7.8%	466.0K	-39.2M	-226.3K	2.30	56.95	N/A	N/A	481	1,104	51,774	29,678
2025-07-24	$14.52	$15.00	84.9%	24.3%	48.8%	32.8%	86.3%	1.2%	-11.7%	383.3K	-34.5M	-221.0K	0.31	57.16	N/A	N/A	425	130	51,837	30,743
2025-07-25	$14.65	$15.00	84.3%	24.2%	48.9%	32.4%	86.1%	4.0%	-10.5%	392.5K	-34.9M	-221.6K	0.13	58.18	N/A	N/A	1,286	172	51,834	30,766
2025-07-28	$14.89	$15.00	88.9%	25.5%	49.2%	35.9%	93.9%	0.1%	-12.4%	437.9K	-36.9M	-227.5K	0.77	59.62	N/A	N/A	286	221	52,867	30,787
2025-07-29	$14.69	$15.00	95.7%	27.4%	49.1%	41.1%	96.5%	-2.1%	-20.6%	429.1K	-35.9M	-225.0K	0.39	57.80	N/A	N/A	184	72	52,919	30,942
2025-07-30	$15.52	$15.00	92.0%	26.4%	52.8%	38.3%	92.2%	2.6%	-15.8%	487.9K	-41.6M	-235.7K	0.37	66.17	N/A	N/A	2,505	933	52,923	30,973
2025-07-31	$16.71	$15.00	94.3%	27.0%	57.9%	40.0%	96.4%	1.0%	-18.8%	560.4K	-53.1M	-247.4K	0.20	53.08	N/A	N/A	4,269	838	54,189	31,701