VTWG Options History — January 2021

In January 2021, VTWG traded between $205.61 and $229.48. ATM implied volatility averaged 30.9%. The 30-day expected move averaged 7.2%. IV traded above realized volatility by 9.0% (HV 20d: 21.9%). Max pain ranged from $220.00 to $220.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2021-01-06: Highest Volume — 10 contracts
  • 2021-01-11: Largest IV spike — 64.4% change
  • 2021-01-28: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$222.10$205.61$229.48$205.61$218.72
Max Pain$220.00$220.00$220.00$220.00$220.00
ATM IV30.9%20.6%53.3%42.3%31.5%
Expected Move7.2%5.9%9.5%7.5%9.0%
HV 20d21.9%18.5%25.2%19.1%24.6%
HV 60d20.8%19.6%21.5%20.8%20.3%
Term Structure0.9%-6.8%6.7%-6.8%-3.8%
VWIV23.8%22.6%25.5%22.6%23.4%
Skew 25d2.7%-2.3%9.4%3.1%1.9%
Skew 10d4.3%-3.6%12.7%6.9%9.0%
Call IV 25d22.3%17.5%31.2%20.9%31.2%
Put IV 25d25.1%19.5%33.2%24.1%33.2%
Bid-Ask Spread %130.73123.49136.15136.15132.40
Gamma HHI0.600.480.750.750.48
Net GEX12.5K2.0K22.8K2.0K12.0K
Net DEX-272.1K-398.8K-70.5K-70.5K-259.0K
Net VEX-621-948-243-243-939
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.05301010
Total OI19.579527527

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-01-04$205.61$0.0042.3%7.5%19.1%0.0%0.0%3.1%-6.8%2.0K-70.5K-2430.00136.15N/AN/A1050
2021-01-05$208.54$0.0041.7%6.6%18.5%0.0%0.0%3.1%1.0%2.8K-86.0K-2740.00134.63N/AN/A0060
2021-01-06$213.61$0.0040.8%6.4%19.9%0.0%22.6%-2.3%3.2%2.1K-94.2K-2750.00127.22N/AN/A10060
2021-01-07$219.78$220.0032.3%7.2%21.3%0.0%25.5%-1.5%-1.0%13.8K-207.8K-5150.00123.49N/AN/A40160
2021-01-08$220.46$220.0032.4%6.9%20.5%0.0%0.0%-2.1%0.5%14.6K-272.6K-6410.00132.09N/AN/A00190
2021-01-11$219.86$220.0053.3%7.5%20.4%0.0%0.0%2.4%-0.2%14.8K-258.1K-6250.00129.23N/AN/A00190
2021-01-12$223.34$220.0039.4%6.8%20.6%0.0%0.0%0.0%1.5%16.3K-282.4K-6020.00124.63N/AN/A00190
2021-01-13$222.82$220.0024.9%7.1%20.6%0.0%0.0%2.0%1.3%14.1K-293.3K-6150.00129.44N/AN/A00190
2021-01-14$227.79$220.0021.4%6.1%21.2%0.0%0.0%0.0%6.7%15.6K-325.8K-4860.00127.72N/AN/A00190
2021-01-15$223.64$220.0025.4%7.3%22.7%0.0%0.0%0.8%1.3%14.1K-300.9K-5930.00129.63N/AN/A00190
2021-01-19$227.74$220.0022.9%6.6%23.2%0.0%23.4%2.4%3.6%15.2K-322.9K-5290.00131.95N/AN/A50190
2021-01-20$228.96$220.0020.9%6.0%23.2%0.0%0.0%3.2%1.4%15.9K-398.8K-5940.00135.52N/AN/A00220
2021-01-21$227.91$220.0021.7%6.2%23.4%0.0%0.0%9.4%2.1%14.6K-397.3K-6140.00132.17N/AN/A00220
2021-01-22$229.48$220.0020.6%5.9%22.6%0.0%0.0%4.1%4.9%22.8K-368.5K-6030.00133.19N/AN/A00225
2021-01-25$229.01$220.0024.9%7.1%22.7%0.0%0.0%5.9%1.1%12.0K-342.3K-8850.00131.03N/AN/A00225
2021-01-26$228.08$220.0025.8%7.4%22.6%0.0%0.0%6.3%1.0%11.0K-344.6K-8710.00130.66N/AN/A00225
2021-01-27$221.62$220.0032.0%9.2%25.2%0.0%0.0%5.6%-0.4%12.5K-267.4K-9460.00132.51N/AN/A00225
2021-01-28$222.93$220.0033.2%9.5%23.4%0.0%0.0%7.8%-1.4%11.6K-278.1K-9480.00130.22N/AN/A00225
2021-01-29$218.72$220.0031.5%9.0%24.6%0.0%0.0%1.9%-3.8%12.0K-259.0K-9390.00132.40N/AN/A00225