VTWG Options History — March 2023

In March 2023, VTWG traded between $157.60 and $173.08. ATM implied volatility averaged 27.9%, placing in the 30.5% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 5.7% (HV 20d: 22.2%). Max pain ranged from $150.00 to $166.00. Net GEX was positive for 16 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-03-28: Highest Volume — 7 contracts
  • 2023-03-06: Largest IV spike — 41.3% change
  • 2023-03-13: Highest IV Rank — 78.7%
  • 2023-03-13: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$163.03$157.60$173.08$170.15$164.44
Max Pain$158.00$150.00$166.00$150.00$166.00
ATM IV27.9%19.2%48.6%22.9%20.4%
Expected Move7.1%5.5%8.4%6.6%5.9%
HV 20d22.2%16.4%26.3%19.3%26.3%
HV 60d21.2%19.9%22.0%20.9%21.6%
IV Rank30.5%10.3%78.7%18.9%13.2%
IV Percentile48.3%8.3%98.8%28.6%13.9%
Term Structure0.5%-7.8%9.0%-2.0%0.9%
VWIV17.9%17.9%17.9%17.9%17.9%
Skew 25d2.5%-3.3%14.0%-0.4%-0.3%
Skew 10d1.8%-7.7%16.6%-0.6%0.1%
Call IV 25d22.5%16.7%29.5%25.5%23.4%
Put IV 25d25.0%17.2%37.4%25.1%23.0%
Bid-Ask Spread %126.73102.63143.11137.73143.11
Gamma HHI0.670.271.000.640.89
Net GEX-1.9K-37.1K16.1K11.2K9.7K
Net DEX-17.0K-92.2K88.2K-77.1K-56.6K
Net VEX-109-316-29-136-133
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.3040700
Total OI29.609150508

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$170.15$150.0022.9%6.6%19.3%18.9%0.0%-0.4%-2.0%11.2K-77.1K-1360.00137.73N/AN/A001040
2023-03-02$170.85$150.0020.0%5.7%16.4%12.2%0.0%-3.3%0.4%10.9K-76.0K-1260.00138.18N/AN/A001040
2023-03-03$173.08$150.0019.2%5.5%16.8%10.3%0.0%-2.6%-1.1%16.1K-92.2K-1230.00141.75N/AN/A001040
2023-03-06$170.71$0.0027.1%6.6%17.3%28.7%0.0%-1.6%3.8%4.5K-66.5K-2000.00102.63N/AN/A001040
2023-03-07$169.36$0.0027.0%5.7%16.8%28.5%0.0%4.8%2.0%6.9K-65.5K-1470.00116.44N/AN/A001040
2023-03-08$169.01$0.0023.8%5.8%16.5%21.1%0.0%4.1%3.2%9.5K-64.6K-1180.00119.14N/AN/A001040
2023-03-09$165.09$0.0031.5%6.4%18.1%38.9%0.0%3.1%0.6%-4.2K-11.8K-2110.00118.60N/AN/A001040
2023-03-10$159.14$0.0040.1%8.3%21.5%58.8%0.0%7.2%-7.8%-17.9K88.2K-3160.00124.87N/AN/A001040
2023-03-13$158.69$0.0048.6%8.4%21.4%78.7%0.0%6.7%2.2%-37.1K35.8K-1390.00123.55N/AN/A001040
2023-03-14$160.75$0.0045.0%7.2%21.6%70.2%0.0%0.7%2.2%-13.7K29.2K-1470.00121.68N/AN/A001040
2023-03-15$158.09$0.0027.2%7.8%21.9%28.8%0.0%-1.7%3.2%-24.6K53.5K-1260.00119.71N/AN/A001040
2023-03-16$161.30$0.0026.0%7.4%23.2%26.1%0.0%9.2%2.9%-9.7K8.3K-750.00124.73N/AN/A001040
2023-03-17$157.60$0.0026.7%7.7%24.1%27.7%0.0%7.6%5.1%-24.3K69.1K-480.00119.55N/AN/A001040
2023-03-20$159.42$0.0027.0%7.8%24.8%28.6%0.0%9.6%9.0%435-9.1K-310.00119.22N/AN/A0010
2023-03-21$162.77$0.0025.4%7.3%24.7%24.6%0.0%3.7%-0.3%476-10.2K-300.00123.05N/AN/A0010
2023-03-22$159.43$0.0025.4%7.3%25.6%24.6%0.0%-1.8%1.3%503-10.2K-290.00128.98N/AN/A0010
2023-03-23$157.72$0.0025.7%7.4%25.2%25.5%0.0%-1.4%-2.0%519-8.9K-300.00129.22N/AN/A0010
2023-03-24$158.20$0.0029.3%8.4%25.1%33.7%0.0%14.0%-2.8%474-8.2K-300.00122.11N/AN/A0010
2023-03-27$160.56$0.0027.2%7.8%25.7%29.0%0.0%0.7%-0.8%518-9.5K-290.00133.10N/AN/A0010
2023-03-28$159.70$0.0025.9%7.4%25.5%26.0%17.9%0.6%-3.2%494-9.5K-290.00131.95N/AN/A7010
2023-03-29$161.83$166.0027.8%8.0%26.1%30.2%0.0%0.0%-3.5%7.3K-48.7K-1320.00135.18N/AN/A0080
2023-03-30$161.77$166.0022.4%6.4%26.0%17.9%0.0%-1.3%-0.7%7.5K-51.7K-1310.00140.31N/AN/A0080
2023-03-31$164.44$166.0020.4%5.9%26.3%13.2%0.0%-0.3%0.9%9.7K-56.6K-1330.00143.11N/AN/A0080