VTWG Options History — May 2022

In May 2022, VTWG traded between $146.50 and $171.15. ATM implied volatility averaged 35.0%, placing in the 60.3% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded below realized volatility by 6.1% (HV 20d: 41.1%). Max pain ranged from $146.00 to $181.00. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.37.

Notable Days

  • 2022-05-13: Highest Volume — 1,081 contracts
  • 2022-05-12: Largest IV spike — 88.0% change
  • 2022-05-12: Highest IV Rank — 81.6%
  • 2022-05-12: Largest Expected Move — 12.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$156.39$146.50$171.15$165.40$160.37
Max Pain$157.90$146.00$181.00$181.00$146.00
ATM IV35.0%22.9%43.0%32.9%37.2%
Expected Move9.8%6.6%12.3%9.4%10.7%
HV 20d41.1%29.3%47.3%29.6%47.3%
HV 60d36.0%32.2%37.9%32.3%37.8%
IV Rank60.3%28.3%81.6%54.8%66.4%
IV Percentile89.5%47.6%98.4%90.1%92.9%
Term Structure0.4%-7.2%14.8%9.5%-4.8%
VWIV33.6%24.7%43.5%37.1%43.5%
Skew 25d1.5%-7.6%17.1%5.7%9.8%
Skew 10d-0.9%-19.4%26.0%-1.8%26.0%
Call IV 25d35.1%27.8%45.8%28.8%40.8%
Put IV 25d36.6%23.3%50.6%34.5%50.6%
Bid-Ask Spread %112.08104.33126.46119.08115.29
Gamma HHI0.490.290.750.490.45
Net GEX-109.4K-284.1K33.7K20.9K-118.8K
Net DEX-240.2K-2.8M993.8K-84.4K-1.9M
Net VEX-8.7K-17.7K-224-703-10.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.052.140.050.20
Total Volume330.571691,08169330
Total OI693.333751,186771,104

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$165.40$181.0032.9%9.4%29.6%54.8%37.1%5.7%9.5%20.9K-84.4K-7030.05119.08N/AN/A663743
2022-05-03$166.64$181.0032.1%9.2%29.3%52.9%33.0%-2.8%-2.2%22.3K-81.4K-6800.05125.64N/AN/A663743
2022-05-04$171.15$181.0030.7%8.8%30.4%49.2%33.4%2.9%0.9%33.7K-150.6K-7440.05126.46N/AN/A663741
2022-05-05$161.80$175.0032.0%8.8%35.5%52.5%25.7%-0.6%2.5%13.0K-57.3K-4780.05109.48N/AN/A663741
2022-05-06$158.02$175.0030.9%9.1%36.0%49.7%26.4%0.1%1.7%7.7K-32.4K-3590.05109.69N/AN/A663741
2022-05-09$150.93$175.0040.1%8.7%38.6%74.1%30.6%1.2%1.1%3.6K-10.4K-2240.42117.67N/AN/A6628741
2022-05-10$151.25$175.0038.4%8.8%38.8%69.5%32.1%1.4%4.8%-14.2K257.9K-5290.46108.03N/AN/A79367426
2022-05-11$146.50$175.0022.9%6.6%39.6%28.3%24.7%-5.7%14.8%-13.8K365.4K-6610.27113.58N/AN/A154418734
2022-05-12$148.54$146.0043.0%12.3%38.6%81.6%32.8%-7.6%-5.4%23.2K-252.6K-2.2K2.14106.81N/AN/A34473616239
2022-05-13$155.81$146.0040.6%11.6%43.6%75.3%35.0%-5.8%-6.3%-207.9K-128.7K-17.6K2.14104.33N/AN/A344737427735
2022-05-16$153.67$146.0034.5%9.9%43.5%59.2%33.2%7.7%3.6%-174.8K-272.3K-16.8K0.19106.20N/AN/A34464427735
2022-05-17$158.37$146.0033.9%9.7%43.6%57.6%33.6%4.2%-1.1%-169.4K-1.1M-15.7K0.19107.34N/AN/A34464427755
2022-05-18$152.02$146.0037.7%10.8%45.2%67.6%36.4%-5.3%-3.0%-215.4K993.8K-17.7K0.20107.09N/AN/A34468427755
2022-05-19$154.22$146.0034.6%9.9%45.2%59.4%30.9%4.6%-3.5%-223.8K357.3K-16.6K0.20110.68N/AN/A34468427759
2022-05-20$150.00$146.0034.4%9.9%45.5%58.9%35.5%-3.1%2.8%-256.7K806.4K-16.4K0.20107.39N/AN/A34468427759
2022-05-23$154.09$146.0033.6%9.6%46.7%56.6%35.0%4.7%11.3%-192.3K65.5K-15.3K0.20109.79N/AN/A27456357747
2022-05-24$151.07$146.0036.7%10.5%45.4%65.0%38.3%1.1%0.1%-232.4K813.6K-15.7K0.20112.59N/AN/A27456357747
2022-05-25$153.89$146.0036.9%10.6%46.2%65.4%35.3%6.7%-6.1%-188.5K553.4K-15.3K0.20112.47N/AN/A27456357747
2022-05-26$158.14$146.0035.8%10.3%46.9%62.6%35.9%-4.2%-5.3%-284.1K-2.8M-8.1K0.20110.55N/AN/A27456357747
2022-05-27$162.39$146.0035.0%10.0%47.2%60.4%37.0%17.1%-7.2%-130.5K-2.4M-10.8K0.20113.54N/AN/A27456357747
2022-05-31$160.37$146.0037.2%10.7%47.3%66.4%43.5%9.8%-4.8%-118.8K-1.9M-10.9K0.20115.29N/AN/A27456357747