VTWG Options History — March 2025

In March 2025, VTWG traded between $185.96 and $197.78. ATM implied volatility averaged 26.4%, placing in the 42.4% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded above realized volatility by 2.0% (HV 20d: 24.4%). Max pain ranged from $200.00 to $205.00. Net GEX was positive for 2 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-03-19: Highest Volume — 5 contracts
  • 2025-03-10: Largest IV spike — 24.7% change
  • 2025-03-10: Highest IV Rank — 68.1%
  • 2025-03-11: Largest Expected Move — 10.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$192.17$185.96$197.78$194.32$187.01
Max Pain$203.85$200.00$205.00$205.00$200.00
ATM IV26.4%21.8%36.0%27.8%26.2%
Expected Move7.6%6.0%10.5%8.0%7.1%
HV 20d24.4%20.3%28.5%20.8%26.3%
HV 60d22.0%21.2%23.2%21.5%22.3%
IV Rank42.4%29.1%68.1%41.4%48.7%
IV Percentile80.8%55.6%98.8%90.9%84.9%
Term Structure-1.9%-4.3%-0.7%-2.5%-2.2%
VWIV21.7%21.7%21.7%21.7%21.7%
Skew 25d5.7%1.0%10.3%1.0%10.3%
Skew 10d8.9%1.4%13.3%6.9%13.3%
Call IV 25d20.4%13.9%26.5%26.5%19.3%
Put IV 25d26.1%22.0%30.7%27.5%29.6%
Bid-Ask Spread %75.2050.86112.8283.1169.51
Gamma HHI0.390.280.550.290.55
Net GEX-2.4K-3.9K3.1K1.6K-3.7K
Net DEX118.4K65.4K159.2K81.0K144.5K
Net VEX-716-961-489-933-489
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.3810500
Total OI33.52422393922

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$194.32$205.0027.8%8.0%20.8%41.4%0.0%1.0%-2.5%1.6K81.0K-9330.0083.11N/AN/A002514
2025-03-04$194.98$205.0028.8%8.3%20.9%44.7%0.0%5.7%-4.3%3.1K65.4K-9610.0078.93N/AN/A102514
2025-03-05$196.46$205.0028.8%8.3%20.3%44.7%0.0%4.6%-1.7%-28493.3K-8690.0083.68N/AN/A002414
2025-03-06$192.13$205.0032.1%9.2%20.4%55.3%0.0%3.2%-2.5%-545109.0K-8210.0074.63N/AN/A002414
2025-03-07$193.35$205.0028.9%8.3%20.9%44.9%0.0%7.7%-1.8%-2.3K117.6K-8060.0092.28N/AN/A002414
2025-03-10$188.23$205.0036.0%10.3%22.1%68.1%0.0%2.0%-2.0%-2.2K142.8K-7100.0087.58N/AN/A002414
2025-03-11$189.58$205.0029.0%10.5%22.2%45.2%0.0%7.5%-3.7%-2.5K137.2K-7090.0096.14N/AN/A002414
2025-03-12$189.55$205.0027.1%9.0%22.2%39.1%0.0%3.2%-1.9%-2.6K138.9K-6990.0097.17N/AN/A002414
2025-03-13$185.96$205.0027.6%9.3%22.7%40.6%0.0%1.6%-2.5%-2.8K159.2K-6090.00106.22N/AN/A002414
2025-03-14$190.22$205.0025.6%8.6%24.3%45.9%0.0%4.9%-1.6%-3.2K147.9K-6730.00112.82N/AN/A002414
2025-03-17$193.89$200.0024.0%6.5%25.9%39.0%0.0%7.9%-1.3%-3.3K131.1K-7270.0062.68N/AN/A002414
2025-03-18$191.29$200.0025.5%6.7%25.7%45.8%0.0%4.6%-2.5%-3.2K143.4K-6580.0065.02N/AN/A002414
2025-03-19$195.22$200.0023.4%6.3%27.3%36.2%21.7%10.1%-1.5%-3.7K125.6K-7170.0060.58N/AN/A502414
2025-03-20$193.61$0.0023.4%6.4%27.3%36.3%0.0%6.3%-1.0%-3.3K127.6K-6960.0050.86N/AN/A002414
2025-03-21$192.10$0.0023.5%6.4%25.0%36.7%0.0%8.8%-1.2%-3.6K147.6K-6560.0055.13N/AN/A022414
2025-03-24$197.78$0.0021.8%6.1%27.5%29.1%0.0%8.8%-0.7%-3.6K74.4K-7130.0063.13N/AN/A001012
2025-03-25$196.43$0.0021.9%6.0%27.4%29.6%0.0%7.2%-0.8%-3.8K72.8K-7140.0061.62N/AN/A001012
2025-03-26$193.25$0.0023.7%6.3%27.8%37.8%0.0%3.3%-1.7%-3.6K95.5K-6630.0058.14N/AN/A001012
2025-03-27$192.76$0.0022.9%6.2%27.1%34.2%0.0%8.3%-1.1%-3.9K101.6K-6500.0057.32N/AN/A001012
2025-03-28$187.49$0.0025.9%6.7%28.5%47.5%0.0%2.2%-2.1%-3.6K129.9K-5610.0062.70N/AN/A001012
2025-03-31$187.01$0.0026.2%7.1%26.3%48.7%0.0%10.3%-2.2%-3.7K144.5K-4890.0069.51N/AN/A001012