VTWG Options History — August 2023

In August 2023, VTWG traded between $168.76 and $183.59. ATM implied volatility averaged 19.1%, placing in the 10.1% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 4.4% (HV 20d: 14.7%). Max pain ranged from $184.00 to $184.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 0.00.

Notable Days

2023-08-16: Highest Volume — 4 contracts
2023-08-24: Largest IV spike — 32.5% change
2023-08-07: Highest IV Rank — 19.7%
2023-08-24: Largest Expected Move — 6.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$174.58	$168.76	$183.59	$183.59	$175.55
Max Pain	$184.00	$184.00	$184.00	$184.00	$184.00
ATM IV	19.1%	15.8%	23.3%	17.3%	17.2%
Expected Move	5.4%	4.5%	6.1%	5.0%	4.9%
HV 20d	14.7%	12.8%	17.7%	17.0%	14.5%
HV 60d	16.7%	15.4%	17.2%	17.2%	15.4%
IV Rank	10.1%	2.3%	19.7%	5.8%	5.6%
IV Percentile	19.1%	1.2%	51.2%	4.0%	4.0%
Term Structure	-0.3%	-9.5%	4.5%	-0.9%	-0.7%
Skew 25d	2.9%	-5.5%	11.0%	2.3%	2.1%
Skew 10d	4.6%	-8.8%	13.4%	8.4%	2.7%
Call IV 25d	16.0%	10.9%	22.8%	20.0%	12.7%
Put IV 25d	18.9%	14.9%	27.5%	22.3%	14.9%
Bid-Ask Spread %	134.98	116.64	145.99	142.90	142.69
Gamma HHI	0.65	0.37	1.00	0.37	0.67
Net GEX	6.5K	4.3K	10.3K	10.3K	5.8K
Net DEX	-67.9K	-113.3K	-44.7K	-113.3K	-64.0K
Net VEX	-327	-387	-279	-387	-328
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.435	0	4	0	0
Total OI	9.826	8	11	11	8

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI
2023-08-01	$183.59	$184.00	17.3%	5.0%	17.0%	5.8%	0.0%	2.3%	-0.9%	10.3K	-113.3K	-387	142.90	N/A	N/A	0	11
2023-08-02	$180.69	$184.00	19.1%	5.5%	17.7%	9.9%	0.0%	-1.1%	-4.6%	8.9K	-99.9K	-383	145.99	N/A	N/A	0	11
2023-08-03	$180.12	$0.00	20.3%	5.5%	16.2%	12.9%	0.0%	2.2%	4.5%	9.0K	-96.8K	-377	117.19	N/A	N/A	0	11
2023-08-04	$179.25	$0.00	20.0%	5.3%	15.9%	12.2%	0.0%	1.5%	1.5%	8.6K	-94.2K	-375	124.89	N/A	N/A	0	11
2023-08-07	$178.50	$0.00	23.3%	5.9%	15.1%	19.7%	0.0%	11.0%	-0.6%	8.0K	-88.5K	-365	116.64	N/A	N/A	0	11
2023-08-08	$177.40	$0.00	21.3%	5.9%	14.9%	15.2%	0.0%	5.8%	0.2%	8.2K	-78.6K	-353	124.12	N/A	N/A	0	11
2023-08-09	$175.50	$0.00	18.2%	5.2%	14.7%	7.9%	0.0%	4.5%	3.2%	7.0K	-71.7K	-340	130.18	N/A	N/A	0	11
2023-08-10	$174.78	$0.00	19.3%	5.5%	14.2%	10.5%	0.0%	3.9%	2.5%	7.0K	-75.1K	-343	131.16	N/A	N/A	1	11
2023-08-11	$175.23	$0.00	18.7%	5.4%	14.1%	9.0%	0.0%	5.4%	-1.3%	7.3K	-69.1K	-336	124.24	N/A	N/A	1	11
2023-08-14	$175.44	$0.00	19.9%	5.7%	13.1%	11.8%	0.0%	7.8%	-0.6%	7.6K	-67.6K	-329	133.68	N/A	N/A	0	11
2023-08-15	$173.72	$0.00	20.0%	5.7%	12.8%	12.0%	0.0%	3.8%	-2.1%	6.9K	-67.6K	-324	131.77	N/A	N/A	0	11
2023-08-16	$171.88	$0.00	19.0%	5.4%	13.0%	9.8%	0.0%	0.4%	0.8%	6.1K	-62.1K	-314	135.97	N/A	N/A	4	11
2023-08-17	$168.76	$0.00	16.6%	4.8%	13.8%	4.3%	0.0%	0.4%	2.7%	4.9K	-61.1K	-304	136.82	N/A	N/A	0	11
2023-08-18	$170.25	$0.00	20.0%	5.7%	14.5%	12.0%	0.0%	0.4%	0.9%	4.5K	-45.9K	-280	138.01	N/A	N/A	0	11
2023-08-21	$170.46	$0.00	21.1%	6.1%	14.6%	14.7%	0.0%	5.8%	1.2%	4.5K	-48.1K	-288	136.86	N/A	N/A	0	8
2023-08-22	$170.20	$0.00	20.3%	5.8%	14.3%	12.8%	0.0%	0.1%	-1.1%	5.5K	-49.1K	-279	138.38	N/A	N/A	0	8
2023-08-23	$172.35	$0.00	16.0%	4.6%	15.3%	2.7%	0.0%	4.4%	0.9%	4.9K	-51.9K	-286	140.44	N/A	N/A	0	8
2023-08-24	$169.59	$0.00	21.2%	6.1%	15.2%	14.8%	0.0%	1.1%	-9.5%	4.7K	-54.8K	-290	140.69	N/A	N/A	4	8
2023-08-25	$170.75	$0.00	20.2%	5.8%	14.0%	12.6%	0.0%	6.5%	-2.9%	4.3K	-44.7K	-299	140.81	N/A	N/A	0	8
2023-08-28	$171.56	$0.00	17.2%	4.9%	13.4%	5.5%	0.0%	-1.1%	-0.6%	5.2K	-50.8K	-313	142.94	N/A	N/A	0	8
2023-08-29	$174.23	$0.00	18.1%	5.2%	15.0%	7.6%	0.0%	-5.5%	-1.4%	4.9K	-50.5K	-303	143.68	N/A	N/A	0	8
2023-08-30	$175.44	$0.00	15.8%	4.5%	14.5%	2.3%	0.0%	4.6%	1.9%	5.7K	-55.5K	-317	144.52	N/A	N/A	0	8
2023-08-31	$175.55	$0.00	17.2%	4.9%	14.5%	5.6%	0.0%	2.1%	-0.7%	5.8K	-64.0K	-328	142.69	N/A	N/A	0	8