VSCO Options History — April 2023

In April 2023, VSCO traded between $30.98 and $34.67. ATM implied volatility averaged 46.9%, placing in the 5.3% IV rank vs the trailing year. The 30-day expected move averaged 13.5%. IV traded above realized volatility by 11.0% (HV 20d: 36.0%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 19 of 19 days. Put/call ratio averaged 1.60.

Notable Days

2023-04-20: Highest Volume — 4,700 contracts
2023-04-25: Largest IV spike — 17.9% change
2023-04-05: Highest IV Rank — 14.0%
2023-04-05: Largest Expected Move — 15.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$32.66	$30.98	$34.67	$34.67	$30.98
Max Pain	$30.79	$30.00	$35.00	$35.00	$30.00
ATM IV	46.9%	42.3%	53.6%	44.4%	47.3%
Expected Move	13.5%	12.1%	15.4%	12.7%	13.6%
HV 20d	36.0%	32.3%	38.9%	34.3%	36.0%
HV 60d	44.1%	34.3%	51.5%	50.5%	34.3%
IV Rank	5.3%	0.0%	14.0%	0.0%	7.2%
IV Percentile	4.7%	0.0%	15.1%	0.0%	6.0%
Term Structure	6.5%	1.3%	9.6%	2.8%	8.3%
VWIV	47.3%	43.4%	52.9%	44.4%	46.1%
Skew 25d	7.3%	-1.0%	10.6%	10.6%	6.4%
Skew 10d	14.0%	-4.4%	28.7%	16.8%	13.8%
Call IV 25d	44.6%	40.1%	47.0%	42.7%	44.4%
Put IV 25d	51.9%	43.8%	56.1%	53.3%	50.8%
Bid-Ask Spread %	49.58	9.78	65.97	55.58	65.97
Gamma HHI	0.67	0.50	0.75	0.52	0.75
Net GEX	1.4M	825.5K	3.0M	2.7M	1.6M
Net DEX	-8.2M	-41.2M	-276.5K	-23.8M	-8.4M
Net VEX	48.1K	38.1K	65.3K	62.2K	41.4K
P/C Ratio	1.60	0.12	17.63	0.78	0.55
Total Volume	951.474	57	4,700	415	255
Total OI	67,961.789	45,318	76,195	74,259	48,088

Daily Data (19 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
2023-04-03	$34.67	$35.00	44.4%	12.7%	34.3%	0.0%	44.4%	10.6%	2.8%	2.7M	-23.8M	62.2K	0.78	55.58	N/A	N/A	233	182	18,742	55,517
2023-04-04	$34.16	$35.00	45.8%	13.1%	34.7%	2.2%	46.2%	7.0%	2.1%	2.8M	-27.3M	62.3K	0.77	24.09	N/A	N/A	240	184	18,854	55,578
2023-04-05	$32.36	$35.00	53.6%	15.4%	38.9%	14.0%	52.9%	8.1%	1.3%	3.0M	-41.2M	65.3K	0.12	9.78	N/A	N/A	1,679	203	18,911	55,673
2023-04-06	$32.33	$30.00	53.5%	15.3%	36.0%	13.8%	50.3%	9.6%	5.5%	843.2K	-5.2M	54.5K	0.16	43.32	N/A	N/A	404	65	20,072	55,702
2023-04-10	$33.32	$30.00	46.6%	13.8%	36.2%	3.4%	50.7%	8.8%	6.2%	828.9K	-2.6M	49.8K	0.57	62.27	N/A	N/A	76	43	20,270	55,718
2023-04-11	$34.03	$30.00	43.5%	13.5%	35.6%	0.0%	48.7%	7.5%	6.9%	825.5K	-276.5K	44.6K	0.19	59.25	N/A	N/A	562	109	20,300	55,583
2023-04-12	$33.02	$30.00	46.7%	13.4%	37.5%	4.7%	47.9%	7.9%	6.3%	906.1K	-2.8M	48.5K	0.38	59.53	N/A	N/A	120	45	20,390	55,477
2023-04-13	$32.52	$30.00	46.6%	13.3%	37.3%	4.5%	49.1%	8.1%	6.9%	934.1K	-3.9M	49.2K	1.14	44.13	N/A	N/A	119	136	20,446	55,484
2023-04-14	$33.22	$30.00	45.7%	13.1%	37.3%	3.2%	47.4%	7.9%	7.3%	934.3K	-1.9M	45.3K	0.47	37.69	N/A	N/A	121	57	20,464	55,618
2023-04-17	$32.89	$30.00	45.1%	12.9%	37.2%	2.3%	45.6%	6.7%	7.6%	984.5K	-2.4M	45.0K	1.14	37.48	N/A	N/A	91	104	20,475	55,667
2023-04-18	$32.60	$30.00	43.5%	12.5%	35.4%	0.0%	44.7%	8.5%	8.1%	1.0M	-3.7M	44.4K	0.63	52.80	N/A	N/A	35	22	20,533	55,662
2023-04-19	$32.42	$30.00	49.6%	14.2%	35.3%	9.1%	43.4%	10.6%	7.5%	1.1M	-3.6M	43.1K	2.31	57.67	N/A	N/A	70	162	20,549	55,533
2023-04-20	$32.67	$30.00	44.4%	12.7%	34.3%	1.3%	45.4%	7.2%	7.5%	1.0M	-2.9M	42.8K	0.42	43.40	N/A	N/A	3,302	1,398	20,580	54,545
2023-04-21	$33.11	$30.00	42.3%	12.1%	34.1%	0.0%	44.4%	5.9%	9.6%	1.1M	-1.2M	38.1K	0.42	63.13	N/A	N/A	2,731	1,159	19,726	55,326
2023-04-24	$32.93	$30.00	43.3%	12.4%	32.3%	1.4%	45.0%	5.5%	7.5%	1.3M	-865.4K	43.4K	0.13	60.93	N/A	N/A	1,061	133	18,757	26,561
2023-04-25	$31.23	$30.00	51.0%	14.6%	37.7%	12.7%	50.0%	6.0%	6.7%	1.3M	-7.5M	46.8K	1.21	49.21	N/A	N/A	205	249	19,615	26,674
2023-04-26	$31.05	$30.00	50.6%	14.5%	36.8%	12.1%	49.1%	6.7%	8.1%	1.4M	-8.4M	44.6K	17.63	55.22	N/A	N/A	103	1,816	19,646	26,837
2023-04-27	$31.05	$30.00	48.6%	13.9%	36.5%	9.1%	47.9%	-1.0%	7.7%	1.5M	-8.0M	42.8K	1.41	60.58	N/A	N/A	251	353	19,711	27,990
2023-04-28	$30.98	$30.00	47.3%	13.6%	36.0%	7.2%	46.1%	6.4%	8.3%	1.6M	-8.4M	41.4K	0.55	65.97	N/A	N/A	165	90	19,856	28,232