VWO Options History — April 2013

In April 2013, VWO traded between $41.23 and $43.76. ATM implied volatility averaged 14.7%, placing in the 16.3% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded below realized volatility by 0.0% (HV 20d: 14.7%). Max pain ranged from $42.00 to $43.00. Net GEX was positive for 7 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 3.25.

Notable Days

  • 2013-04-05: Highest Volume — 56,852 contracts
  • 2013-04-15: Largest IV spike — 14.6% change
  • 2013-04-15: Highest IV Rank — 30.6%
  • 2013-04-15: Largest Expected Move — 5.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.41$41.23$43.76$42.52$43.76
Max Pain$42.18$42.00$43.00$43.00$42.00
ATM IV14.7%12.6%17.6%13.6%13.9%
Expected Move4.3%3.7%5.0%3.9%4.0%
HV 20d14.7%10.7%18.4%12.3%18.4%
HV 60d12.4%10.8%14.2%10.9%14.2%
IV Rank16.3%5.6%30.6%10.6%12.4%
IV Percentile21.7%4.8%39.3%12.3%19.0%
Term Structure0.6%-1.2%1.9%0.6%0.7%
VWIV15.0%12.9%17.8%13.6%15.5%
Skew 25d3.9%2.1%5.8%2.1%2.5%
Skew 10d9.9%1.8%14.7%1.8%9.4%
Call IV 25d13.6%10.3%16.3%13.1%13.5%
Put IV 25d17.6%15.2%21.7%15.2%16.1%
Bid-Ask Spread %42.2113.22100.4514.64100.45
Gamma HHI0.430.140.760.690.15
Net GEX-14.0M-40.2M3.7M-26.7M3.7M
Net DEX112.1M-31.3M214.1M145.5M-31.3M
Net VEX-399.9K-544.1K-316.9K-513.9K-371.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.250.0637.890.060.62
Total Volume3,713.13613656,8524,784633
Total OI88,360.31846,838109,158106,13152,890

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-04-01$42.52$43.0013.6%3.9%12.3%10.6%13.6%2.1%0.6%-26.7M145.5M-513.9K0.0614.64N/AN/A4,52625829,94376,188
2013-04-02$42.56$43.0013.0%3.7%12.0%7.9%12.9%4.9%0.9%-29.4M142.5M-544.1K0.9515.37N/AN/A13713032,29376,382
2013-04-03$42.03$43.0014.5%4.1%11.8%15.1%15.0%2.8%0.7%-23.4M184.2M-488.3K0.7314.16N/AN/A13710032,40076,407
2013-04-04$42.02$43.0014.2%4.1%11.5%13.9%14.0%3.0%1.9%-23.3M191.6M-466.0K1.0115.71N/AN/A36937232,49076,460
2013-04-05$41.96$42.0013.6%4.5%11.4%10.7%15.0%5.0%0.5%-23.1M200.2M-435.8K37.8913.22N/AN/A1,46255,39032,49076,668
2013-04-08$42.07$42.0013.9%4.4%10.7%12.4%16.3%4.7%0.6%-22.4M178.8M-407.8K1.6119.19N/AN/A10216431,90570,098
2013-04-09$42.51$42.0012.6%3.8%11.7%5.6%13.3%4.0%1.3%-32.8M142.5M-442.2K0.0716.20N/AN/A1,61612131,98470,158
2013-04-10$42.88$42.0012.7%3.9%11.8%6.1%15.8%4.0%0.9%-37.1M97.8M-467.1K2.0137.23N/AN/A28557233,41670,256
2013-04-11$42.87$42.0013.5%3.9%11.4%10.2%13.5%3.3%1.1%-40.2M100.8M-457.0K2.1144.55N/AN/A8317533,08470,154
2013-04-12$42.34$42.0015.4%4.4%11.9%19.5%13.9%3.6%0.4%-30.8M163.1M-405.0K0.1950.15N/AN/A1,36626433,12670,252
2013-04-15$41.23$42.0017.6%5.0%14.7%30.6%15.7%5.0%-1.2%-6.9M214.1M-321.4K0.3348.09N/AN/A86828534,35470,460
2013-04-16$42.14$42.0015.5%4.5%16.6%20.3%15.7%4.3%0.1%-20.4M189.7M-351.6K0.8564.20N/AN/A48941634,87370,538
2013-04-17$41.53$42.0017.0%4.9%17.2%27.6%17.6%5.8%0.4%-5.1M213.1M-317.3K0.2061.04N/AN/A2,08942235,17270,252
2013-04-18$41.62$42.0017.4%5.0%17.0%29.7%17.8%5.4%0.1%-2.3M211.2M-324.8K1.3255.92N/AN/A27736735,73170,389
2013-04-19$42.22$42.0016.3%4.7%17.6%23.9%16.5%4.1%0.8%-1.7M193.2M-330.4K4.3358.38N/AN/A16872835,89070,587
2013-04-22$42.33$42.0015.9%4.6%17.6%22.1%15.4%4.4%0.6%1.3M-5.5M-316.9K15.2139.24N/AN/A2413,66627,85218,986
2013-04-23$42.54$42.0014.5%4.2%17.7%15.4%14.5%3.6%0.2%1.4M-4.6M-364.1K0.0928.40N/AN/A1,0278828,03522,580
2013-04-24$42.81$42.0014.1%4.0%17.4%13.3%14.8%3.3%1.0%2.1M-11.2M-367.5K0.8532.34N/AN/A48541128,94922,658
2013-04-25$43.17$42.0014.4%4.1%17.6%14.8%14.3%3.9%0.3%2.7M-18.4M-371.4K0.4552.58N/AN/A59726929,30122,934
2013-04-26$42.77$42.0014.7%4.2%17.9%16.0%14.5%2.7%0.4%2.2M-10.9M-367.4K0.3372.25N/AN/A1023429,70322,926
2013-04-29$43.22$42.0015.4%4.4%18.0%19.7%13.9%4.4%0.1%3.0M-19.8M-367.5K0.2875.36N/AN/A3108829,75422,959
2013-04-30$43.76$42.0013.9%4.0%18.4%12.4%15.5%2.5%0.7%3.7M-31.3M-371.2K0.62100.45N/AN/A39024329,86123,029