VTWG Options History — April 2021

In April 2021, VTWG traded between $215.40 and $228.33. ATM implied volatility averaged 23.7%, placing in the 19.6% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded below realized volatility by 1.6% (HV 20d: 25.2%). Max pain ranged from $215.00 to $215.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.31.

Notable Days

  • 2021-04-13: Highest Volume — 99 contracts
  • 2021-04-07: Largest IV drop — 23.3% change
  • 2021-04-30: Highest IV Rank — 26.5%
  • 2021-04-30: Largest Expected Move — 7.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$222.20$215.40$228.33$221.22$222.50
Max Pain$215.00$215.00$215.00$215.00$215.00
ATM IV23.7%19.2%27.3%23.7%27.3%
Expected Move7.0%5.8%7.8%6.8%7.8%
HV 20d25.2%18.0%31.3%31.3%18.8%
HV 60d29.1%28.1%30.1%30.1%28.2%
IV Rank19.6%9.2%26.5%9.2%26.5%
IV Percentile39.0%8.7%60.6%8.7%60.6%
Term Structure-3.1%-8.6%1.0%0.3%-3.8%
VWIV24.5%24.5%24.5%24.5%24.5%
Skew 25d8.5%1.3%14.9%6.3%7.8%
Skew 10d13.9%5.5%19.4%11.1%7.8%
Call IV 25d19.9%14.8%24.2%21.1%22.9%
Put IV 25d28.5%24.0%33.6%27.4%30.7%
Bid-Ask Spread %130.73121.18146.71127.75132.55
Gamma HHI0.140.100.230.120.12
Net GEX6.3K-14.7K36.7K15.7K3.5K
Net DEX-291.4K-442.6K-183.6K-249.3K-278.8K
Net VEX-1.7K-2.8K-1.1K-2.3K-1.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.310.000.940.000.94
Total Volume5.14309940
Total OI116.9058015014682

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$221.22$215.0023.7%6.8%31.3%0.0%24.5%6.3%0.3%15.7K-249.3K-2.3K0.00127.75N/AN/A409155
2021-04-05$223.10$0.0024.4%6.9%31.2%0.0%0.0%1.3%-2.6%36.7K-442.6K-2.8K0.00124.94N/AN/A009555
2021-04-06$223.23$0.0025.0%6.6%31.1%0.0%0.0%8.6%-0.9%28.4K-366.7K-2.2K0.00121.18N/AN/A029555
2021-04-07$218.31$0.0019.2%5.8%30.0%0.0%0.0%10.1%1.0%-14.7K-183.6K-2.0K0.00125.70N/AN/A009555
2021-04-08$220.68$0.0020.5%6.4%30.0%0.0%0.0%3.2%-0.6%885-280.5K-1.9K0.00133.91N/AN/A109555
2021-04-09$220.23$0.0019.6%7.0%27.9%0.0%0.0%9.7%-2.0%-5.7K-228.4K-1.9K0.00122.84N/AN/A009555
2021-04-12$219.37$0.0022.4%7.6%27.8%0.0%0.0%8.7%-3.4%-9.2K-238.5K-1.8K0.00128.68N/AN/A009455
2021-04-13$220.07$0.0021.9%7.1%27.8%0.0%0.0%10.1%-2.3%-947-270.0K-1.7K0.94122.20N/AN/A51489455
2021-04-14$221.31$0.0024.5%7.0%27.7%0.0%0.0%9.7%-1.8%4.5K-313.8K-1.6K0.00122.41N/AN/A009455
2021-04-15$222.54$0.0021.9%6.3%27.8%0.0%0.0%6.8%-2.2%5.2K-301.5K-1.6K0.00134.53N/AN/A009455
2021-04-16$222.78$0.0024.8%7.1%24.6%0.0%0.0%8.8%-3.5%17.5K-364.7K-1.5K0.00130.47N/AN/A009455
2021-04-19$218.26$0.0023.6%6.8%25.0%0.0%0.0%13.6%-3.0%2.7K-244.3K-1.5K0.00125.52N/AN/A004535
2021-04-20$215.40$0.0026.7%7.7%25.3%0.0%0.0%8.3%-2.9%2.2K-198.3K-1.5K0.00139.43N/AN/A004535
2021-04-21$220.31$0.0024.8%7.1%23.4%0.0%0.0%14.9%-4.8%6.3K-267.1K-1.1K0.00124.46N/AN/A024535
2021-04-22$221.96$0.0021.2%6.1%21.1%9.2%0.0%2.6%0.1%3.2K-261.8K-1.5K0.00139.32N/AN/A004537
2021-04-23$224.75$0.0025.7%7.4%20.9%21.9%0.0%9.2%-4.0%8.5K-288.0K-1.6K0.00128.05N/AN/A004537
2021-04-26$228.10$0.0021.9%6.3%21.4%11.1%0.0%5.0%-7.0%7.8K-347.4K-1.1K0.00146.71N/AN/A004537
2021-04-27$227.75$0.0025.0%7.2%19.6%20.0%0.0%13.2%-7.3%5.2K-318.3K-1.5K0.00129.80N/AN/A004537
2021-04-28$228.33$0.0026.5%7.6%19.3%24.2%0.0%13.0%-6.9%8.7K-342.9K-1.4K0.00144.57N/AN/A004537
2021-04-29$226.03$0.0026.5%7.6%18.0%24.1%0.0%8.1%-8.6%5.9K-333.1K-1.4K0.00140.28N/AN/A004537
2021-04-30$222.50$0.0027.3%7.8%18.8%26.5%0.0%7.8%-3.8%3.5K-278.8K-1.3K0.00132.55N/AN/A004537