VTWG Options History — July 2022

In July 2022, VTWG traded between $151.04 and $167.08. ATM implied volatility averaged 25.7%, placing in the 35.8% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded below realized volatility by 6.3% (HV 20d: 32.0%). Max pain ranged from $142.00 to $142.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 1.31.

Notable Days

2022-07-26: Highest Volume — 135 contracts
2022-07-11: Largest IV spike — 35.0% change
2022-07-12: Highest IV Rank — 83.2%
2022-07-13: Largest Expected Move — 12.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$157.23	$151.04	$167.08	$151.40	$167.08
Max Pain	$142.00	$142.00	$142.00	$142.00	$142.00
ATM IV	25.7%	14.8%	43.6%	23.1%	17.8%
Expected Move	7.2%	4.2%	12.2%	6.6%	5.1%
HV 20d	32.0%	24.4%	40.8%	39.7%	24.4%
HV 60d	38.9%	38.3%	39.6%	38.9%	38.4%
IV Rank	35.8%	6.9%	83.2%	29.0%	14.8%
IV Percentile	45.1%	2.4%	98.8%	38.9%	13.1%
Term Structure	3.5%	-4.3%	12.0%	5.4%	7.7%
VWIV	29.1%	16.3%	37.2%	22.4%	19.9%
Skew 25d	5.4%	-3.5%	18.9%	5.7%	4.2%
Skew 10d	7.9%	-6.1%	17.2%	-6.1%	11.2%
Call IV 25d	23.1%	16.0%	32.5%	31.1%	18.0%
Put IV 25d	28.5%	20.0%	42.5%	36.8%	22.1%
Bid-Ask Spread %	121.72	96.25	143.31	143.31	128.34
Gamma HHI	0.33	0.20	0.52	0.31	0.28
Net GEX	31.0K	-21.0K	95.6K	3.9K	82.1K
Net DEX	-360.6K	-1.0M	43.1K	-212.0K	-1.0M
Net VEX	-1.1K	-2.7K	-371	-371	-2.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.31	0.49	5.88	0.88	0.99
Total Volume	94.9	47	135	47	135
Total OI	110.1	47	205	47	205

Daily Data (20 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
2022-07-01	$151.40	$142.00	23.1%	6.6%	39.7%	29.0%	22.4%	5.7%	5.4%	3.9K	-212.0K	-371	0.88	143.31	N/A	N/A	25	22	33	14
2022-07-05	$152.75	$142.00	27.2%	9.2%	39.9%	39.7%	36.7%	17.0%	1.4%	-8.2K	-158.8K	-661	0.88	97.60	N/A	N/A	25	22	33	34
2022-07-06	$152.85	$142.00	28.5%	7.9%	39.9%	43.3%	35.5%	18.3%	8.9%	-2.6K	-170.1K	-707	0.49	99.98	N/A	N/A	45	22	33	34
2022-07-07	$157.01	$142.00	27.0%	8.2%	40.7%	39.4%	33.3%	-2.9%	4.3%	22.2K	-427.3K	-633	0.49	103.15	N/A	N/A	45	22	53	34
2022-07-08	$157.21	$142.00	27.6%	8.8%	40.6%	40.9%	26.8%	-0.6%	0.6%	21.4K	-427.2K	-719	0.49	118.98	N/A	N/A	45	22	53	34
2022-07-11	$153.53	$142.00	37.3%	10.5%	40.8%	66.5%	33.5%	-2.2%	-1.1%	20.9K	-300.9K	-748	1.04	122.59	N/A	N/A	45	47	53	34
2022-07-12	$151.80	$142.00	43.6%	6.5%	39.3%	83.2%	34.5%	7.8%	2.8%	10.4K	-241.0K	-914	1.04	121.03	N/A	N/A	45	47	53	59
2022-07-13	$152.23	$142.00	42.6%	12.2%	33.5%	80.6%	37.2%	9.5%	4.7%	7.9K	-188.6K	-976	0.84	96.25	N/A	N/A	56	47	53	59
2022-07-14	$151.04	$142.00	37.6%	10.8%	33.6%	67.3%	37.0%	18.9%	5.3%	21.3K	-233.5K	-1.0K	0.84	105.74	N/A	N/A	56	47	64	59
2022-07-15	$153.72	$142.00	28.1%	8.0%	33.5%	42.1%	33.2%	4.8%	0.9%	34.0K	-357.9K	-874	0.84	115.19	N/A	N/A	56	47	64	59
2022-07-18	$152.96	$142.00	20.2%	5.8%	25.3%	21.4%	34.2%	3.4%	12.0%	-12.0K	42.1K	-504	5.88	128.57	N/A	N/A	8	47	16	49
2022-07-19	$158.70	$142.00	22.5%	6.5%	27.0%	27.4%	36.2%	7.2%	-0.8%	-21.0K	43.1K	-492	5.88	120.62	N/A	N/A	8	47	16	49
2022-07-20	$161.92	$142.00	25.4%	7.3%	27.1%	35.2%	26.9%	3.5%	3.3%	-1.3K	-7.5K	-405	0.69	125.22	N/A	N/A	68	47	16	49
2022-07-21	$162.37	$142.00	21.4%	6.1%	27.1%	24.5%	31.5%	6.2%	1.7%	39.8K	-462.3K	-1.7K	0.69	125.65	N/A	N/A	68	47	76	49
2022-07-22	$159.67	$142.00	18.4%	5.3%	27.1%	16.6%	26.2%	-3.5%	-4.3%	61.6K	-559.4K	-2.2K	0.69	129.11	N/A	N/A	68	47	96	49
2022-07-25	$159.66	$142.00	17.9%	5.1%	25.1%	15.2%	24.7%	1.7%	-1.2%	73.7K	-542.0K	-1.9K	0.69	139.17	N/A	N/A	68	47	96	49
2022-07-26	$159.17	$142.00	17.2%	4.9%	25.0%	13.3%	19.3%	2.1%	2.5%	79.4K	-490.1K	-1.8K	0.99	142.48	N/A	N/A	68	67	96	49
2022-07-27	$163.82	$142.00	15.6%	4.5%	25.7%	9.2%	16.3%	2.5%	5.4%	95.6K	-690.3K	-1.8K	0.99	134.80	N/A	N/A	68	67	96	69
2022-07-28	$165.61	$142.00	14.8%	4.2%	24.6%	6.9%	17.5%	4.0%	10.1%	90.4K	-823.3K	-1.9K	0.99	136.62	N/A	N/A	68	67	96	69
2022-07-29	$167.08	$142.00	17.8%	5.1%	24.4%	14.8%	19.9%	4.2%	7.7%	82.1K	-1.0M	-2.7K	0.99	128.34	N/A	N/A	68	67	116	89