VWO Options History — October 2014

In October 2014, VWO traded between $40.63 and $42.60. ATM implied volatility averaged 20.0%, placing in the 62.7% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded below realized volatility by 0.5% (HV 20d: 20.4%). Max pain ranged from $42.00 to $44.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 0.94.

Notable Days

  • 2014-10-29: Highest Volume — 14,236 contracts
  • 2014-10-15: Largest IV spike — 21.1% change
  • 2014-10-15: Highest IV Rank — 99.9%
  • 2014-10-15: Largest Expected Move — 6.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.52$40.63$42.60$40.91$42.60
Max Pain$42.87$42.00$44.00$44.00$42.00
ATM IV20.0%16.8%26.6%18.9%17.0%
Expected Move5.6%5.0%6.4%5.6%5.0%
HV 20d20.4%16.1%22.8%16.1%20.6%
HV 60d16.7%15.3%17.4%15.3%17.4%
IV Rank62.7%44.7%99.9%57.0%46.1%
IV Percentile70.4%42.1%99.6%65.1%44.4%
Term Structure-0.2%-1.7%0.7%-1.0%0.1%
VWIV19.8%17.1%23.3%17.5%20.3%
Skew 25d5.0%2.9%8.1%5.8%2.9%
Skew 10d10.5%5.3%16.8%8.3%5.6%
Call IV 25d18.1%15.2%23.6%17.4%15.7%
Put IV 25d23.1%18.6%31.6%23.2%18.6%
Bid-Ask Spread %40.5128.3065.0565.0531.91
Gamma HHI0.130.100.420.110.13
Net GEX2.1M748.6K9.9M1.2M3.5M
Net DEX52.6M-3.5M74.7M64.0M-3.5M
Net VEX-743.1K-863.1K-616.4K-792.1K-761.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.940.123.340.740.80
Total Volume6,159.69639514,2361,38110,941
Total OI106,754.87103,056112,786104,702112,786

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-10-01$40.91$44.0018.9%5.6%16.1%57.0%17.5%5.8%-1.0%1.2M64.0M-792.1K0.7465.05N/AN/A79558656,77547,927
2014-10-02$41.16$44.0019.4%5.6%16.7%59.8%17.1%5.8%0.7%1.3M74.6M-742.0K2.1457.69N/AN/A7681,64757,47548,275
2014-10-03$41.50$44.0018.3%5.5%16.5%53.1%21.0%5.6%0.2%2.2M74.7M-758.3K0.7455.15N/AN/A61745457,70449,362
2014-10-06$42.24$44.0019.3%5.5%18.3%59.0%17.2%4.0%-0.2%2.0M32.4M-863.1K0.4355.05N/AN/A84336056,79747,226
2014-10-07$41.83$44.0018.9%5.5%18.2%56.4%17.1%3.6%-0.0%2.0M38.8M-837.0K0.1358.70N/AN/A4566157,37447,315
2014-10-08$42.52$44.0018.8%5.3%19.6%55.9%18.3%7.2%0.1%2.1M40.1M-804.6K0.8463.05N/AN/A6,4235,39658,21847,346
2014-10-09$41.88$44.0020.2%5.6%20.0%63.7%18.1%4.5%0.3%2.1M49.0M-817.2K0.1231.49N/AN/A1,29815557,94648,248
2014-10-10$40.93$44.0022.8%5.9%20.9%78.5%21.2%5.1%-0.5%1.0M71.7M-735.2K3.3433.00N/AN/A9130458,64048,282
2014-10-13$41.43$44.0023.6%6.1%21.6%82.9%23.3%5.3%0.2%1.5M44.2M-795.4K0.6635.76N/AN/A1,9461,28057,31046,653
2014-10-14$41.86$44.0022.0%5.9%21.4%73.9%20.0%5.5%-0.4%2.1M42.5M-758.7K0.7532.74N/AN/A6,9745,25959,07547,765
2014-10-15$41.09$42.0026.6%6.4%22.0%99.9%22.7%8.1%-1.7%1.8M56.2M-755.2K0.7633.58N/AN/A6,3544,82459,23148,004
2014-10-16$40.63$42.0025.0%6.1%22.1%91.0%23.1%7.0%-0.8%748.6K70.8M-725.7K2.2528.30N/AN/A35780358,65548,639
2014-10-17$41.15$42.0022.8%6.0%22.8%78.8%18.5%5.5%-0.7%1.2M63.3M-733.0K0.6129.35N/AN/A57334958,80248,996
2014-10-20$41.21$42.0021.1%5.8%22.5%69.2%21.3%5.7%-0.3%1.3M63.3M-701.2K0.6935.26N/AN/A6,7844,65856,30146,755
2014-10-21$41.36$42.0019.1%5.7%22.5%57.6%20.4%4.5%-0.3%1.6M62.8M-692.8K1.0233.25N/AN/A5,5945,70057,03546,957
2014-10-22$41.04$42.0019.7%5.5%22.4%61.1%20.4%4.2%-0.4%1.2M72.2M-662.5K1.1533.55N/AN/A4,8255,54758,66348,676
2014-10-23$41.03$42.0019.2%5.4%21.1%58.2%19.7%3.8%-0.2%1.2M63.6M-686.0K0.8833.68N/AN/A6,3785,63759,06249,152
2014-10-24$41.48$42.0018.4%5.5%21.3%54.1%19.9%4.3%-0.3%1.9M56.7M-701.9K1.0034.90N/AN/A5,5695,54860,05149,501
2014-10-27$41.04$42.0017.3%5.4%20.3%47.7%18.7%4.3%0.2%1.5M73.2M-616.4K0.6534.28N/AN/A71346158,72147,621
2014-10-28$41.90$42.0017.0%5.2%21.7%46.0%18.3%4.5%0.2%2.7M41.1M-702.3K0.3741.32N/AN/A50718958,80747,877
2014-10-29$41.82$42.0017.4%5.3%20.4%48.3%20.1%3.8%0.1%2.7M43.9M-701.0K0.5339.38N/AN/A9,2874,94959,12047,917
2014-10-30$42.31$42.0016.8%5.3%20.7%44.7%20.4%3.9%0.1%9.9M14.0M-747.2K1.1135.36N/AN/A4,4544,95964,20148,119
2014-10-31$42.60$42.0017.0%5.0%20.6%46.1%20.3%2.9%0.1%3.5M-3.5M-761.5K0.8031.91N/AN/A6,0924,84964,59748,189