VTWG Options History — January 2025

In January 2025, VTWG traded between $207.04 and $220.72. ATM implied volatility averaged 21.4%, placing in the 20.5% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded below realized volatility by 1.4% (HV 20d: 22.8%). Max pain ranged from $215.00 to $220.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-01-13: Highest Volume — 10 contracts
  • 2025-01-15: Largest IV drop — 38.8% change
  • 2025-01-14: Highest IV Rank — 56.0%
  • 2025-01-08: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$214.82$207.04$220.72$210.43$216.78
Max Pain$219.17$215.00$220.00$215.00$220.00
ATM IV21.4%18.1%32.3%22.6%20.8%
Expected Move5.8%5.2%6.6%6.5%6.0%
HV 20d22.8%18.9%26.6%23.8%18.9%
HV 60d23.8%23.2%24.2%23.2%24.0%
IV Rank20.5%9.8%56.0%24.3%18.3%
IV Percentile37.7%13.9%95.6%57.1%38.9%
Term Structure-0.2%-2.5%1.1%-0.7%-0.4%
VWIV18.0%18.0%18.0%18.0%18.0%
Skew 25d4.0%-3.5%9.1%4.4%1.4%
Skew 10d5.7%-1.2%13.1%0.1%3.0%
Call IV 25d17.1%12.4%20.8%18.0%19.3%
Put IV 25d21.1%13.8%25.9%22.4%20.7%
Bid-Ask Spread %85.2360.68107.89103.8395.89
Gamma HHI0.260.210.340.270.22
Net GEX14.0K9.2K23.5K10.4K14.1K
Net DEX-246.7K-356.0K-113.5K-150.5K-274.4K
Net VEX-798-1.1K-621-693-770
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.8501000
Total OI21.8518291822

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$210.43$215.0022.6%6.5%23.8%24.3%0.0%4.4%-0.7%10.4K-150.5K-6930.00103.83N/AN/A00162
2025-01-03$215.08$215.0018.5%5.3%25.4%11.1%0.0%9.1%1.1%11.8K-177.9K-6890.00107.89N/AN/A00162
2025-01-06$215.63$0.0020.6%5.8%25.2%17.8%0.0%2.7%-0.3%12.4K-191.7K-6590.0065.94N/AN/A00162
2025-01-07$212.89$0.0019.5%5.9%25.2%14.1%0.0%6.0%-1.4%12.1K-172.6K-6660.0078.97N/AN/A00162
2025-01-08$212.34$0.0024.2%6.6%25.1%29.6%0.0%5.3%-0.9%11.3K-156.7K-6700.0060.68N/AN/A00162
2025-01-10$207.97$0.0026.8%6.5%25.8%38.1%0.0%4.0%-0.2%9.8K-128.7K-6500.0063.33N/AN/A00162
2025-01-13$207.04$0.0030.1%6.5%25.3%49.0%0.0%5.7%-0.8%9.2K-113.5K-6210.0071.79N/AN/A100162
2025-01-14$209.02$0.0032.3%6.3%25.3%56.0%0.0%3.5%-0.2%15.2K-274.1K-1.1K0.0067.94N/AN/A00262
2025-01-15$213.58$0.0019.8%5.7%26.6%15.1%0.0%3.2%0.1%18.6K-324.5K-1.1K0.0075.59N/AN/A00262
2025-01-16$214.73$0.0019.3%5.5%26.5%13.5%18.0%3.7%0.9%20.0K-327.6K-1.1K0.0080.55N/AN/A20262
2025-01-17$215.29$220.0018.9%5.4%26.3%12.3%0.0%2.6%-0.4%23.5K-356.0K-1.1K0.0088.95N/AN/A50272
2025-01-21$219.83$220.0019.8%5.7%19.6%15.1%0.0%5.1%-2.5%13.3K-294.2K-7880.0086.23N/AN/A00202
2025-01-22$219.75$220.0018.5%5.3%19.5%11.1%0.0%2.2%0.3%13.5K-303.7K-7700.0091.88N/AN/A00202
2025-01-23$220.72$220.0018.8%5.4%19.4%12.0%0.0%7.0%0.1%13.2K-299.5K-7770.0089.29N/AN/A00202
2025-01-24$219.46$220.0018.1%5.2%19.4%9.8%0.0%4.3%0.6%13.9K-303.9K-7580.0094.86N/AN/A00202
2025-01-27$214.96$220.0019.9%5.7%20.8%15.5%0.0%2.4%0.5%14.3K-253.1K-7940.0089.03N/AN/A00202
2025-01-28$216.83$220.0020.5%5.9%20.4%17.4%0.0%8.3%-0.3%14.6K-268.8K-7890.0095.77N/AN/A00202
2025-01-29$216.52$220.0019.7%5.6%18.9%14.8%0.0%2.9%0.4%14.4K-272.2K-7770.0092.88N/AN/A00202
2025-01-30$217.52$220.0019.8%5.7%18.9%15.1%0.0%-3.5%-0.9%14.8K-289.5K-7340.00103.23N/AN/A00202
2025-01-31$216.78$220.0020.8%6.0%18.9%18.3%0.0%1.4%-0.4%14.1K-274.4K-7700.0095.89N/AN/A00202