VTWG Options History — December 2023

In December 2023, VTWG traded between $168.09 and $186.96. ATM implied volatility averaged 27.6%, placing in the 32.5% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 6.9% (HV 20d: 20.7%). Max pain ranged from $180.00 to $180.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-12-14: Highest Volume — 5 contracts
  • 2023-12-27: Largest IV spike — 38.4% change
  • 2023-12-08: Highest IV Rank — 58.9%
  • 2023-12-28: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$177.26$168.09$186.96$168.42$184.35
Max Pain$180.00$180.00$180.00$180.00$180.00
ATM IV27.6%18.5%40.1%27.3%20.9%
Expected Move6.6%5.3%8.0%7.8%6.0%
HV 20d20.7%17.4%26.0%26.0%20.3%
HV 60d22.1%21.4%22.9%21.4%22.5%
IV Rank32.5%10.3%58.9%29.2%18.1%
IV Percentile69.1%15.5%97.2%81.7%40.1%
Term Structure-4.0%-10.2%4.7%-1.3%-7.2%
Skew 25d-0.1%-9.3%9.3%-5.0%6.7%
Skew 10d6.6%-6.0%21.2%-6.0%19.3%
Call IV 25d21.6%13.9%32.3%32.3%19.7%
Put IV 25d21.5%17.2%27.3%27.3%26.4%
Bid-Ask Spread %157.79136.83172.66154.97151.38
Gamma HHI0.820.551.000.651.00
Net GEX6.5K4.0K18.7K4.0K6.4K
Net DEX-47.7K-105.4K-14.0K-18.8K-69.1K
Net VEX-161-248-66-86-236
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.250500
Total OI7.871387

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$168.42$180.0027.3%7.8%26.0%29.2%0.0%-5.0%-1.3%4.0K-18.8K-860.00154.97N/AN/A0080
2023-12-04$170.12$0.0029.8%6.0%24.4%35.0%0.0%-5.1%-3.6%4.4K-14.0K-680.00172.18N/AN/A0080
2023-12-05$168.22$0.0033.3%6.3%24.0%43.0%0.0%-6.8%-0.6%4.6K-25.1K-840.00169.59N/AN/A0080
2023-12-06$168.09$0.0035.1%6.3%24.1%47.3%0.0%-7.0%-0.8%4.5K-25.0K-810.00170.44N/AN/A0080
2023-12-07$168.61$0.0037.1%6.2%23.1%51.8%0.0%5.8%-2.2%4.6K-16.8K-720.00172.66N/AN/A0080
2023-12-08$170.45$0.0040.1%6.3%22.0%58.9%0.0%-4.8%-3.4%5.3K-32.7K-950.00172.10N/AN/A0080
2023-12-11$170.72$0.0033.6%6.6%21.9%43.6%0.0%-6.9%-5.6%5.8K-19.7K-700.00170.41N/AN/A0080
2023-12-12$171.27$0.0038.7%6.5%21.9%55.5%0.0%-6.6%-4.2%6.2K-20.5K-660.00169.58N/AN/A0080
2023-12-13$176.39$0.0024.1%6.9%17.4%21.7%0.0%-3.8%-5.1%6.8K-54.2K-940.00145.44N/AN/A0080
2023-12-14$180.89$0.0018.5%5.3%18.9%10.3%0.0%-1.2%-2.2%12.5K-74.6K-930.00136.83N/AN/A5080
2023-12-15$179.72$0.0022.4%6.4%18.0%22.5%0.0%-9.3%-0.4%18.7K-105.4K-2450.00152.55N/AN/A00130
2023-12-18$179.99$0.0023.6%6.8%18.0%26.1%0.0%6.7%-4.3%6.1K-49.4K-2410.00156.59N/AN/A0070
2023-12-19$182.71$0.0024.0%6.9%18.3%27.2%0.0%-3.9%-6.5%5.7K-52.9K-2430.00154.85N/AN/A0070
2023-12-20$179.49$0.0018.8%5.4%19.2%11.9%0.0%7.4%-4.8%6.1K-59.2K-2480.00151.91N/AN/A0070
2023-12-21$181.77$0.0024.9%7.1%19.3%29.8%0.0%5.9%-8.3%5.7K-52.2K-2360.00156.15N/AN/A0070
2023-12-22$183.95$0.0025.0%7.2%19.5%30.1%0.0%1.0%-6.4%5.7K-59.1K-2450.00151.09N/AN/A0070
2023-12-26$186.56$0.0019.4%5.5%19.6%13.5%0.0%7.9%4.7%5.8K-65.0K-2410.00149.57N/AN/A0070
2023-12-27$186.96$0.0026.8%7.7%19.0%35.4%0.0%9.3%-6.9%5.9K-70.7K-2400.00147.40N/AN/A0070
2023-12-28$186.56$0.0027.8%8.0%19.3%38.4%0.0%7.2%-10.2%6.1K-69.7K-2390.00150.20N/AN/A0070
2023-12-29$184.35$0.0020.9%6.0%20.3%18.1%0.0%6.7%-7.2%6.4K-69.1K-2360.00151.38N/AN/A0070