VTWG Options History — December 2024

In December 2024, VTWG traded between $209.49 and $229.88. ATM implied volatility averaged 21.9%, placing in the 22.1% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded below realized volatility by 0.8% (HV 20d: 22.7%). Max pain ranged from $178.00 to $225.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2024-12-19: Highest Volume — 5 contracts
2024-12-18: Largest IV spike — 29.2% change
2024-12-18: Highest IV Rank — 37.5%
2024-12-18: Largest Expected Move — 7.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$219.69	$209.49	$229.88	$229.88	$210.20
Max Pain	$210.36	$178.00	$225.00	$178.00	$215.00
ATM IV	21.9%	18.8%	26.6%	23.4%	20.6%
Expected Move	6.2%	5.4%	7.6%	6.7%	5.9%
HV 20d	22.7%	17.6%	27.6%	27.2%	23.8%
HV 60d	21.7%	20.2%	23.7%	20.2%	23.3%
IV Rank	22.1%	12.0%	37.5%	27.0%	17.9%
IV Percentile	44.9%	16.7%	81.7%	58.7%	31.3%
Term Structure	-0.0%	-3.4%	2.4%	-2.2%	1.7%
VWIV	20.0%	17.9%	22.1%	22.1%	17.9%
Skew 25d	3.2%	-0.4%	9.0%	2.9%	4.0%
Skew 10d	5.1%	-0.7%	11.8%	2.2%	0.3%
Call IV 25d	19.1%	13.5%	23.4%	21.2%	16.6%
Put IV 25d	22.4%	20.0%	28.5%	24.1%	20.6%
Bid-Ask Spread %	88.30	72.83	102.90	100.98	100.90
Gamma HHI	0.29	0.21	0.64	0.23	0.27
Net GEX	18.3K	8.2K	35.3K	15.8K	10.5K
Net DEX	-387.5K	-556.9K	-148.5K	-522.2K	-152.7K
Net VEX	-891	-1.1K	-700	-903	-700
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	0.571	0	5	0	0
Total OI	28.429	17	34	31	18

Daily Data (21 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	Put OI
2024-12-02	$229.88	$178.00	23.4%	6.7%	27.2%	27.0%	0.0%	2.9%	-2.2%	15.8K	-522.2K	-903	100.98	N/A	N/A	0	29	2
2024-12-03	$227.93	$178.00	22.5%	6.4%	27.6%	24.0%	0.0%	3.5%	-1.7%	17.0K	-510.9K	-917	102.90	N/A	N/A	0	29	2
2024-12-04	$229.21	$178.00	22.4%	6.4%	27.3%	23.8%	0.0%	3.0%	-2.3%	16.4K	-527.0K	-862	102.12	N/A	N/A	2	29	2
2024-12-05	$226.58	$0.00	20.8%	5.9%	20.4%	18.6%	0.0%	2.0%	0.6%	17.7K	-550.1K	-970	72.83	N/A	N/A	0	31	2
2024-12-06	$228.30	$0.00	20.5%	5.6%	20.5%	17.4%	0.0%	1.5%	0.9%	18.0K	-556.9K	-945	79.61	N/A	N/A	0	31	2
2024-12-09	$225.97	$0.00	23.1%	5.8%	20.8%	26.0%	0.0%	-0.4%	0.9%	19.3K	-537.3K	-953	72.94	N/A	N/A	1	31	2
2024-12-10	$224.40	$0.00	22.5%	5.8%	20.2%	24.1%	0.0%	1.4%	0.5%	21.1K	-532.2K	-1.0K	80.00	N/A	N/A	0	32	2
2024-12-11	$226.56	$0.00	19.8%	5.7%	19.3%	15.3%	0.0%	1.0%	1.0%	21.3K	-551.8K	-979	82.23	N/A	N/A	0	32	2
2024-12-12	$222.49	$0.00	18.8%	5.4%	20.3%	12.0%	0.0%	0.8%	2.4%	23.4K	-511.3K	-1.0K	81.53	N/A	N/A	0	32	2
2024-12-13	$220.73	$0.00	19.2%	5.5%	18.9%	13.3%	0.0%	0.3%	2.0%	25.6K	-487.6K	-1.0K	84.39	N/A	N/A	0	32	2
2024-12-16	$222.79	$0.00	20.6%	5.9%	17.6%	18.0%	0.0%	2.5%	0.4%	22.2K	-514.3K	-986	81.73	N/A	N/A	0	32	2
2024-12-17	$220.62	$0.00	20.6%	5.9%	18.1%	17.8%	0.0%	1.1%	1.2%	25.7K	-488.7K	-1.0K	84.38	N/A	N/A	0	32	2
2024-12-18	$209.49	$0.00	26.6%	7.6%	25.7%	37.5%	22.1%	5.2%	-3.4%	23.2K	-315.1K	-1.1K	87.30	N/A	N/A	2	32	2
2024-12-19	$211.34	$225.00	26.0%	7.5%	26.0%	35.5%	0.0%	3.5%	-1.3%	27.0K	-315.7K	-1.0K	79.11	N/A	N/A	5	32	2
2024-12-20	$212.97	$225.00	23.9%	6.9%	24.8%	28.6%	0.0%	7.2%	-1.0%	35.3K	-283.5K	-744	90.53	N/A	N/A	0	27	2
2024-12-23	$211.60	$225.00	24.5%	7.0%	23.9%	30.6%	0.0%	3.7%	-0.8%	8.2K	-148.5K	-724	84.76	N/A	N/A	0	15	2
2024-12-24	$213.20	$225.00	19.2%	5.5%	22.8%	13.1%	0.0%	4.5%	0.5%	8.8K	-155.5K	-725	96.06	N/A	N/A	0	15	2
2024-12-26	$216.27	$225.00	20.0%	5.7%	23.6%	15.7%	0.0%	9.0%	1.4%	9.4K	-174.3K	-711	97.10	N/A	N/A	0	15	2
2024-12-27	$211.95	$225.00	22.6%	6.5%	24.4%	24.2%	17.9%	2.7%	-0.8%	8.8K	-152.9K	-706	94.04	N/A	N/A	2	15	2
2024-12-30	$210.99	$215.00	22.3%	6.4%	23.8%	23.3%	0.0%	8.0%	-1.0%	10.3K	-149.6K	-708	98.81	N/A	N/A	0	16	2
2024-12-31	$210.20	$215.00	20.6%	5.9%	23.8%	17.9%	0.0%	4.0%	1.7%	10.5K	-152.7K	-700	100.90	N/A	N/A	0	16	2