VTWG Options History — February 2026

In February 2026, VTWG traded between $237.53 and $250.56. ATM implied volatility averaged 25.3%, placing in the 20.0% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 3.1% (HV 20d: 22.2%). Max pain ranged from $235.00 to $240.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.19.

Notable Days

2026-02-27: Highest Volume — 6 contracts
2026-02-06: Largest IV drop — 20.9% change
2026-02-05: Highest IV Rank — 25.9%
2026-02-23: Largest Expected Move — 8.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$245.83	$237.53	$250.56	$247.75	$244.15
Max Pain	$239.21	$235.00	$240.00	$235.00	$240.00
ATM IV	25.3%	20.9%	28.4%	20.9%	27.4%
Expected Move	7.3%	6.0%	8.0%	6.0%	7.9%
HV 20d	22.2%	15.5%	24.7%	16.6%	24.7%
HV 60d	20.5%	19.0%	22.2%	20.6%	19.3%
IV Rank	20.0%	11.7%	25.9%	11.7%	24.0%
IV Percentile	76.1%	36.1%	90.5%	36.1%	86.1%
Term Structure	-0.3%	-1.9%	2.1%	1.7%	-1.5%
VWIV	25.3%	21.1%	29.0%	21.1%	26.3%
Skew 25d	7.3%	5.1%	10.2%	6.7%	8.0%
Skew 10d	16.2%	6.5%	21.3%	6.5%	17.0%
Call IV 25d	21.7%	17.9%	25.2%	17.9%	23.1%
Put IV 25d	29.0%	24.5%	32.6%	24.5%	31.1%
Bid-Ask Spread %	94.61	89.63	100.62	100.62	97.24
Gamma HHI	0.30	0.26	0.33	0.32	0.29
Net GEX	32.4K	21.5K	40.5K	30.8K	32.1K
Net DEX	-661.0K	-826.0K	-422.3K	-690.8K	-642.4K
Net VEX	-5.0K	-5.2K	-4.6K	-5.2K	-4.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.19	0.00	1.00	0.00	0.50
Total Volume	1.474	0	6	0	6
Total OI	99.474	95	107	95	98

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2026-02-02	$247.75	$235.00	20.9%	6.0%	16.6%	11.7%	0.0%	6.7%	1.7%	30.8K	-690.8K	-5.2K	0.00	100.62	N/A	N/A	0	0	71	24
2026-02-03	$246.04	$235.00	22.8%	6.5%	15.5%	15.4%	0.0%	5.1%	1.0%	26.3K	-610.6K	-5.2K	0.00	99.68	N/A	N/A	0	0	71	24
2026-02-04	$242.95	$235.00	26.1%	7.5%	15.6%	21.6%	0.0%	7.3%	-0.5%	24.4K	-515.4K	-5.1K	0.00	97.37	N/A	N/A	0	0	71	24
2026-02-05	$237.53	$240.00	28.4%	7.7%	17.4%	25.9%	0.0%	7.2%	-1.9%	21.5K	-422.3K	-5.0K	0.00	90.14	N/A	N/A	0	0	72	24
2026-02-06	$247.90	$240.00	22.5%	6.4%	23.4%	14.7%	0.0%	7.5%	2.1%	30.6K	-655.6K	-5.1K	0.00	99.28	N/A	N/A	0	0	72	24
2026-02-09	$250.56	$240.00	22.4%	6.9%	23.4%	14.6%	0.0%	8.3%	-0.6%	36.6K	-755.4K	-5.1K	0.00	90.81	N/A	N/A	3	0	72	24
2026-02-10	$249.69	$240.00	23.2%	6.8%	23.3%	16.0%	21.1%	6.0%	0.3%	40.5K	-826.0K	-5.2K	0.00	93.74	N/A	N/A	4	0	75	24
2026-02-11	$247.28	$240.00	24.3%	7.0%	23.5%	18.1%	0.0%	6.5%	1.1%	37.7K	-707.5K	-5.2K	0.00	92.90	N/A	N/A	0	0	78	24
2026-02-12	$241.86	$240.00	27.0%	7.7%	24.7%	23.2%	23.9%	6.7%	-1.7%	29.5K	-587.8K	-5.2K	0.00	91.89	N/A	N/A	2	0	78	24
2026-02-13	$244.03	$240.00	26.0%	7.5%	24.4%	21.3%	29.0%	6.5%	-1.4%	32.8K	-640.7K	-5.1K	0.00	89.63	N/A	N/A	0	4	78	24
2026-02-17	$245.12	$240.00	27.3%	7.8%	24.5%	23.8%	0.0%	9.3%	-1.0%	32.5K	-624.1K	-5.0K	0.00	91.46	N/A	N/A	0	0	78	26
2026-02-18	$246.38	$240.00	25.1%	7.2%	24.3%	19.6%	24.8%	5.2%	0.8%	34.1K	-694.7K	-5.1K	0.00	93.39	N/A	N/A	3	0	78	26
2026-02-19	$246.98	$240.00	26.8%	7.7%	23.7%	22.8%	0.0%	7.7%	-0.5%	37.0K	-676.0K	-5.1K	0.00	94.08	N/A	N/A	0	0	81	26
2026-02-20	$246.28	$240.00	27.0%	7.7%	23.3%	23.2%	24.3%	6.9%	-0.9%	35.4K	-701.6K	-5.1K	1.00	93.19	N/A	N/A	2	2	81	26
2026-02-23	$242.88	$240.00	27.9%	8.0%	22.9%	24.9%	0.0%	5.9%	-1.6%	28.5K	-590.3K	-4.7K	0.00	93.40	N/A	N/A	0	0	76	22
2026-02-24	$246.75	$240.00	27.5%	7.9%	23.7%	24.1%	27.9%	10.2%	-1.2%	32.8K	-689.6K	-4.7K	0.00	93.75	N/A	N/A	1	0	76	22
2026-02-25	$247.66	$240.00	24.6%	7.1%	23.8%	18.7%	26.3%	7.6%	-0.2%	36.1K	-760.1K	-4.7K	0.00	98.02	N/A	N/A	1	0	76	22
2026-02-26	$248.97	$240.00	23.3%	6.7%	23.9%	16.2%	0.0%	9.4%	0.1%	36.3K	-768.2K	-4.6K	0.00	96.97	N/A	N/A	0	0	76	22
2026-02-27	$244.15	$240.00	27.4%	7.9%	24.7%	24.0%	0.0%	8.0%	-1.5%	32.1K	-642.4K	-4.6K	0.50	97.24	N/A	N/A	4	2	76	22