VTWG Options History — May 2025

In May 2025, VTWG traded between $187.68 and $201.20. ATM implied volatility averaged 23.7%, placing in the 16.3% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded below realized volatility by 7.7% (HV 20d: 31.4%). Max pain ranged from $200.00 to $200.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-05-20: Highest Volume — 5 contracts
  • 2025-05-14: Largest IV drop — 23.6% change
  • 2025-05-12: Highest IV Rank — 27.9%
  • 2025-05-01: Largest Expected Move — 7.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$195.47$187.68$201.20$187.68$197.84
Max Pain$200.00$200.00$200.00$200.00$200.00
ATM IV23.7%19.0%29.9%26.0%21.4%
Expected Move6.4%5.4%7.4%7.4%6.2%
HV 20d31.4%21.5%59.1%59.1%22.7%
HV 60d39.5%38.8%40.2%38.8%39.2%
IV Rank16.3%7.3%27.9%20.6%12.0%
IV Percentile57.2%20.2%88.9%75.8%41.7%
Term Structure0.2%-0.9%1.7%-0.9%0.5%
VWIV16.0%12.2%19.9%19.9%12.2%
Skew 25d7.9%3.4%11.8%6.2%8.1%
Skew 10d5.3%-0.2%15.1%5.4%4.1%
Call IV 25d15.9%11.7%19.0%17.3%15.6%
Put IV 25d23.8%20.3%27.8%23.6%23.7%
Bid-Ask Spread %102.2382.57121.62118.16103.83
Gamma HHI0.630.530.760.670.76
Net GEX-6.6K-9.1K-4.2K-4.2K-8.1K
Net DEX111.1K69.6K160.0K154.0K112.1K
Net VEX-371-442-300-364-300
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.3330500
Total OI22.33322232223

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-05-01$187.68$0.0026.0%7.4%59.1%20.6%0.0%6.2%-0.9%-4.2K154.0K-3640.00118.16N/AN/A001012
2025-05-02$191.25$0.0024.9%7.1%54.4%18.6%0.0%4.6%-0.6%-4.8K139.9K-4100.00121.62N/AN/A001012
2025-05-05$190.26$200.0027.1%7.1%51.7%22.7%0.0%11.0%-0.0%-4.8K139.1K-3790.00103.36N/AN/A001012
2025-05-06$187.77$200.0026.6%7.3%51.5%21.7%0.0%11.6%-0.4%-4.3K160.0K-3110.00103.66N/AN/A001012
2025-05-07$188.06$200.0028.7%7.3%49.1%25.8%0.0%11.8%-0.4%-4.4K157.1K-3100.00102.71N/AN/A001012
2025-05-08$192.56$200.0026.9%6.7%33.2%22.3%0.0%8.9%0.3%-5.8K129.4K-3870.0082.57N/AN/A001012
2025-05-09$190.90$200.0028.3%6.9%25.5%24.9%0.0%6.2%0.0%-5.3K140.4K-3750.00104.39N/AN/A001012
2025-05-12$198.00$200.0029.9%6.4%26.8%27.9%0.0%6.4%0.7%-6.5K91.1K-4390.00106.10N/AN/A001012
2025-05-13$200.22$200.0026.1%5.6%26.5%20.8%0.0%8.9%1.4%-7.6K75.2K-4420.00100.38N/AN/A001012
2025-05-14$198.06$200.0019.9%5.7%26.9%9.1%0.0%5.7%1.2%-7.2K83.0K-4290.00101.88N/AN/A001012
2025-05-15$198.38$200.0019.3%5.5%25.4%7.9%0.0%3.4%0.8%-8.4K101.4K-4010.0099.03N/AN/A001012
2025-05-16$201.20$200.0019.0%5.4%25.4%7.3%0.0%9.0%0.8%-8.9K69.6K-4110.00102.48N/AN/A001012
2025-05-19$199.92$200.0019.1%5.5%22.9%7.5%0.0%5.9%1.7%-9.1K84.9K-3870.00101.31N/AN/A001012
2025-05-20$200.37$200.0019.9%5.7%21.5%9.1%19.9%7.3%0.1%-8.7K72.3K-3870.00103.31N/AN/A501012
2025-05-21$195.86$200.0022.2%6.4%23.4%13.4%0.0%5.2%-0.2%-5.6K105.9K-3810.0095.68N/AN/A001112
2025-05-22$195.87$200.0022.8%6.5%22.3%14.6%0.0%10.6%-0.0%-6.5K122.9K-3450.0094.65N/AN/A001112
2025-05-23$195.23$200.0024.3%7.0%22.3%17.5%0.0%10.3%-0.1%-6.0K127.9K-3240.0092.89N/AN/A001112
2025-05-27$199.31$200.0021.9%6.3%23.2%12.8%12.2%7.4%0.9%-7.7K85.5K-3420.00100.99N/AN/A021112
2025-05-28$197.98$200.0021.8%6.3%23.4%12.7%0.0%8.3%-0.4%-7.5K85.3K-3410.00104.24N/AN/A001112
2025-05-29$198.09$200.0022.4%6.4%23.1%13.7%0.0%9.7%-0.8%-7.3K97.0K-3330.00103.50N/AN/A001112
2025-05-30$197.84$200.0021.4%6.2%22.7%12.0%0.0%8.1%0.5%-8.1K112.1K-3000.00103.83N/AN/A001112