VSAT Options History — September 2025

In September 2025, VSAT traded between $28.45 and $32.70. ATM implied volatility averaged 79.7%, placing in the 18.5% IV rank vs the trailing year. The 30-day expected move averaged 22.7%. IV traded above realized volatility by 3.3% (HV 20d: 76.3%). Max pain ranged from $18.00 to $30.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.90.

Notable Days

  • 2025-09-05: Highest Volume — 8,122 contracts
  • 2025-09-05: Largest IV spike — 11.7% change
  • 2025-09-05: Highest IV Rank — 31.1%
  • 2025-09-24: Largest Expected Move — 23.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.13$28.45$32.70$31.05$29.71
Max Pain$28.14$18.00$30.00$18.00$30.00
ATM IV79.7%76.4%87.0%81.0%78.2%
Expected Move22.7%21.9%23.8%23.2%22.4%
HV 20d76.3%60.5%122.6%119.4%73.0%
HV 60d93.7%90.6%96.2%93.8%94.8%
IV Rank18.5%13.3%31.1%29.8%15.0%
IV Percentile38.8%28.2%60.3%42.5%33.3%
Term Structure9.0%-2.3%13.8%-2.3%11.5%
VWIV81.3%77.7%85.2%83.9%79.2%
Skew 25d-0.0%-3.4%3.6%-0.4%3.6%
Skew 10d6.0%1.0%14.1%1.3%4.7%
Call IV 25d82.4%78.8%85.1%84.2%80.1%
Put IV 25d82.4%78.0%87.2%83.8%83.7%
Bid-Ask Spread %38.7622.8056.5551.2856.55
Gamma HHI0.220.180.240.230.23
Net GEX717.1K449.3K1.2M709.8K615.0K
Net DEX-111.7M-160.8M-62.0M-135.7M-76.5M
Net VEX-552.9K-582.9K-512.9K-577.6K-527.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.900.026.440.290.02
Total Volume3,288.7628278,1222,1612,081
Total OI148,022.143120,816166,624153,610122,825

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$31.05$18.0081.0%23.2%119.4%29.8%83.9%-0.4%-2.3%709.8K-135.7M-577.6K0.2951.28N/AN/A1,68148076,50177,109
2025-09-03$29.26$18.0078.4%22.5%122.6%27.8%82.1%-1.0%0.5%572.7K-114.7M-563.5K0.6156.54N/AN/A2,7091,64976,17377,281
2025-09-04$29.91$29.0077.9%22.4%67.4%27.4%80.7%-2.4%7.5%691.8K-123.9M-569.4K0.1622.80N/AN/A2,72644777,26678,191
2025-09-05$29.39$29.0087.0%23.3%61.9%31.1%85.2%0.5%6.3%604.7K-118.5M-575.2K5.1730.56N/AN/A1,3176,80578,88178,385
2025-09-08$30.23$28.0083.7%23.0%60.5%21.2%82.7%3.2%8.9%449.3K-124.4M-582.9K6.4431.33N/AN/A1,0696,88479,12284,437
2025-09-09$30.73$28.0076.4%22.2%60.5%13.4%81.9%-0.4%8.9%795.0K-135.1M-569.6K3.1427.27N/AN/A9142,87379,40581,205
2025-09-10$29.09$29.0076.4%21.9%64.5%13.3%79.5%-0.2%9.9%591.8K-112.0M-558.9K0.2731.08N/AN/A1,29034479,42583,511
2025-09-11$31.71$28.0076.9%22.1%67.2%13.8%77.7%1.6%7.8%909.1K-147.5M-567.6K0.0836.46N/AN/A3,61229979,66083,600
2025-09-12$30.60$28.0077.6%22.3%68.7%14.5%82.3%0.6%10.2%873.4K-132.6M-561.5K0.2031.87N/AN/A2,27646480,15983,618
2025-09-15$32.66$28.0080.7%23.1%71.7%17.3%82.0%-0.4%10.2%1.0M-160.1M-564.1K0.1836.63N/AN/A4,56880580,04283,861
2025-09-16$31.62$29.0078.5%22.5%73.1%15.2%80.5%0.2%12.3%941.8K-147.5M-545.4K0.1533.01N/AN/A2,03730979,46184,058
2025-09-17$32.70$29.0078.6%22.5%71.4%15.3%79.7%0.2%10.8%1.1M-160.8M-559.6K0.2434.22N/AN/A2,36056579,72084,245
2025-09-18$29.39$30.0081.8%23.4%82.5%18.2%82.3%-0.2%9.6%624.4K-117.8M-548.8K0.3329.61N/AN/A3,9321,28580,04984,573
2025-09-19$30.34$30.0080.2%23.0%82.8%16.7%80.5%-1.7%10.4%1.2M-132.7M-551.5K0.1636.34N/AN/A4,67675481,25685,368
2025-09-22$29.99$30.0079.6%22.8%80.8%16.2%81.5%-0.8%9.5%672.1K-76.2M-546.4K0.2435.60N/AN/A98823362,02158,795
2025-09-23$29.77$30.0081.1%23.2%80.9%17.6%82.7%-1.5%11.6%626.3K-74.2M-542.5K0.2836.89N/AN/A1,09531162,04158,934
2025-09-24$28.45$30.0082.9%23.8%77.0%19.3%83.2%-3.4%8.9%504.2K-62.0M-532.1K0.2344.15N/AN/A1,77240962,44959,130
2025-09-25$28.64$30.0079.7%22.8%72.1%16.3%80.8%1.9%11.9%477.5K-64.3M-527.0K0.2550.66N/AN/A83521262,17259,263
2025-09-26$29.04$30.0076.6%22.0%72.4%13.5%78.3%-0.9%13.8%590.6K-66.6M-526.1K0.1950.96N/AN/A98418762,62859,402
2025-09-29$28.55$30.0079.8%22.9%72.5%16.4%81.7%0.5%11.4%504.0K-62.9M-512.9K0.2350.23N/AN/A67515262,79359,450
2025-09-30$29.71$30.0078.2%22.4%73.0%15.0%79.2%3.6%11.5%615.0K-76.5M-527.3K0.0256.55N/AN/A2,0364563,35959,466