VTWG Options History — September 2023

In September 2023, VTWG traded between $161.22 and $176.60. ATM implied volatility averaged 22.2%, placing in the 17.2% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 7.5% (HV 20d: 14.7%). Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days.

Notable Days

  • 2023-09-05: Largest IV spike — 48.8% change
  • 2023-09-12: Highest IV Rank — 55.6%
  • 2023-09-29: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$167.91$161.22$176.60$176.60$163.12
ATM IV22.2%15.9%38.7%15.9%23.1%
Expected Move5.6%4.5%6.6%4.5%6.6%
HV 20d14.7%12.7%15.7%14.7%13.2%
HV 60d15.3%15.0%15.7%15.3%15.0%
IV Rank17.2%2.5%55.6%2.5%19.4%
IV Percentile40.6%1.6%96.0%1.6%57.5%
Term Structure0.5%-9.7%6.2%-0.3%-9.7%
Skew 25d1.6%-3.6%7.2%1.5%-3.6%
Skew 10d-0.5%-11.1%7.6%2.6%-11.1%
Call IV 25d17.7%11.1%25.9%13.0%25.9%
Put IV 25d19.4%14.2%22.9%14.5%22.2%
Bid-Ask Spread %132.61116.30143.36143.36143.25
Gamma HHI0.680.600.720.670.68
Net GEX4.5K3.1K5.8K5.7K3.5K
Net DEX-38.9K-66.0K-20.1K-66.0K-20.1K
Net VEX-246-327-160-327-160
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI88888

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$176.60$0.0015.9%4.5%14.7%2.5%0.0%1.5%-0.3%5.7K-66.0K-3270.00143.36N/AN/A0080
2023-09-05$173.62$0.0023.6%5.3%15.7%20.5%0.0%-2.4%-0.4%5.8K-58.6K-3140.00116.51N/AN/A0080
2023-09-06$173.05$0.0022.6%5.6%15.7%18.2%0.0%2.7%6.2%4.8K-51.4K-3020.00116.30N/AN/A0080
2023-09-07$171.46$0.0024.9%5.8%15.5%23.4%0.0%-0.5%3.9%4.8K-49.4K-2950.00121.25N/AN/A0080
2023-09-08$170.59$0.0026.2%5.7%15.6%26.4%0.0%3.3%5.0%4.6K-50.5K-2960.00123.09N/AN/A0080
2023-09-11$171.19$0.0033.5%5.9%15.6%43.5%0.0%3.0%1.7%5.3K-48.3K-2860.00120.59N/AN/A0080
2023-09-12$170.56$0.0038.7%5.9%15.6%55.6%0.0%2.3%3.0%4.7K-45.3K-2790.00124.92N/AN/A0080
2023-09-13$169.39$0.0020.2%5.8%15.4%12.5%0.0%-1.9%1.8%4.8K-47.0K-2740.00130.72N/AN/A0080
2023-09-14$171.17$0.0016.7%4.8%15.5%4.4%0.0%6.8%3.2%5.7K-41.1K-2650.00130.17N/AN/A0080
2023-09-15$168.88$0.0018.6%5.3%14.9%8.9%0.0%1.9%-6.5%5.7K-40.5K-2530.00140.80N/AN/A0080
2023-09-18$168.45$0.0016.6%4.8%14.5%4.1%0.0%2.1%0.6%5.2K-39.8K-2520.00141.27N/AN/A0080
2023-09-19$167.73$0.0017.3%5.0%14.6%5.8%0.0%7.2%2.7%4.6K-30.2K-2230.00140.22N/AN/A0080
2023-09-20$166.04$0.0020.5%5.9%14.9%13.2%0.0%1.3%-0.1%4.7K-31.6K-2240.00134.47N/AN/A0080
2023-09-21$163.01$0.0018.9%5.4%15.2%9.6%0.0%5.0%0.8%3.7K-23.9K-1890.00138.13N/AN/A0080
2023-09-22$162.72$0.0021.6%6.2%14.3%15.7%0.0%0.6%0.2%3.4K-28.8K-2140.00133.28N/AN/A0080
2023-09-25$162.56$0.0021.9%6.3%14.0%16.6%0.0%0.8%0.2%3.4K-25.7K-1890.00137.01N/AN/A0080
2023-09-26$161.22$0.0022.5%6.4%13.8%17.9%0.0%0.4%-0.4%3.1K-24.1K-1790.00137.78N/AN/A0080
2023-09-27$162.53$0.0021.9%6.3%12.7%16.5%0.0%-2.1%-0.2%3.3K-28.7K-1960.00138.93N/AN/A0080
2023-09-28$164.32$0.0019.2%5.5%13.2%10.2%0.0%4.5%-1.6%3.8K-26.1K-1930.00140.09N/AN/A0080
2023-09-29$163.12$0.0023.1%6.6%13.2%19.4%0.0%-3.6%-9.7%3.5K-20.1K-1600.00143.25N/AN/A0080