VWO Options History — August 2015

In August 2015, VWO traded between $32.41 and $38.20. ATM implied volatility averaged 25.4%, placing in the 74.4% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 4.2% (HV 20d: 21.2%). Max pain ranged from $39.00 to $40.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 1.22.

Notable Days

  • 2015-08-26: Highest Volume — 16,268 contracts
  • 2015-08-24: Largest IV spike — 36.7% change
  • 2015-08-20: Highest IV Rank — 100.0%
  • 2015-08-24: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.92$32.41$38.20$37.69$34.54
Max Pain$39.29$39.00$40.00$40.00$39.00
ATM IV25.4%18.5%41.0%20.4%32.8%
Expected Move7.4%5.3%11.9%5.8%10.2%
HV 20d21.2%15.6%30.1%24.1%29.7%
HV 60d20.2%18.5%24.2%18.9%24.1%
IV Rank74.4%54.7%100.0%65.3%74.0%
IV Percentile93.0%71.0%100.0%90.1%98.8%
Term Structure-0.6%-5.7%2.0%-0.3%-3.1%
VWIV26.5%19.0%49.9%19.2%36.5%
Skew 25d5.8%0.3%10.7%4.5%9.1%
Skew 10d14.6%3.0%29.2%14.4%26.9%
Call IV 25d22.9%17.9%36.6%18.0%28.6%
Put IV 25d28.7%19.9%44.8%22.5%37.7%
Bid-Ask Spread %55.8641.3078.5149.5460.85
Gamma HHI0.160.100.200.150.12
Net GEX-1.6M-2.1M-905.3K-1.9M-905.3K
Net DEX85.2M67.7M101.2M75.1M84.8M
Net VEX-291.7K-363.8K-192.3K-323.5K-278.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.220.634.061.220.80
Total Volume7,820.04864816,2689549,564
Total OI76,361.90571,25083,96971,25080,903

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-08-03$37.69$40.0020.4%5.8%24.1%65.3%19.2%4.5%-0.3%-1.9M75.1M-323.5K1.2249.54N/AN/A43052433,66037,590
2015-08-04$37.77$40.0019.7%5.4%23.7%61.2%19.2%2.9%0.2%-2.1M74.2M-330.9K1.1846.66N/AN/A2,0972,47034,05938,055
2015-08-05$37.86$40.0018.5%5.3%20.2%54.7%19.1%0.3%-0.8%-2.0M67.7M-363.8K1.1141.30N/AN/A2,2362,47634,24538,095
2015-08-06$37.63$40.0019.2%5.6%18.7%58.7%19.0%1.9%2.0%-2.1M75.8M-336.8K0.6359.18N/AN/A3,9632,49934,46938,104
2015-08-07$37.55$39.0020.1%5.6%15.6%63.7%19.1%3.0%0.5%-1.7M75.4M-329.7K0.7452.20N/AN/A3,9452,92236,14038,159
2015-08-10$38.20$39.0018.7%5.3%16.9%55.9%20.0%2.1%-0.6%-2.0M73.2M-330.0K0.9859.55N/AN/A2,5372,48236,13538,484
2015-08-11$37.36$39.0021.0%6.5%18.2%68.4%21.6%6.2%0.9%-1.8M76.6M-336.6K1.1254.60N/AN/A30534336,39538,623
2015-08-12$36.77$39.0022.6%6.6%18.4%77.7%22.7%7.4%0.1%-1.8M84.7M-305.2K1.0847.16N/AN/A2,2582,42936,58838,855
2015-08-13$36.73$39.0022.8%6.6%17.5%78.5%21.9%6.0%0.8%-1.7M83.7M-314.5K0.9451.20N/AN/A2,4592,31136,65239,022
2015-08-14$36.80$39.0022.1%6.3%17.6%75.0%21.5%5.0%-0.6%-1.7M84.6M-303.8K0.9354.78N/AN/A2,4592,28736,90139,080
2015-08-17$36.46$39.0022.8%6.5%17.7%78.9%21.9%3.9%1.3%-1.8M88.2M-297.9K0.8252.01N/AN/A2,5272,08036,87839,042
2015-08-18$36.03$39.0022.5%6.4%17.8%76.8%21.1%5.0%2.0%-1.8M92.0M-270.0K0.8551.88N/AN/A2,4142,06236,96139,060
2015-08-19$35.52$39.0023.8%6.8%17.8%84.0%22.8%5.6%0.5%-1.7M94.1M-260.6K0.9354.42N/AN/A4,1343,83936,98039,045
2015-08-20$34.96$40.0027.0%7.7%18.2%100.0%26.1%6.0%0.3%-1.4M98.5M-255.2K0.7354.50N/AN/A6,1584,46537,64840,350
2015-08-21$33.90$40.0030.0%8.6%20.1%100.0%30.7%8.6%-1.1%-1.2M101.2M-235.5K0.7249.46N/AN/A6,1784,43937,74140,519
2015-08-24$32.41$39.0041.0%11.9%23.6%100.0%49.9%8.2%-3.1%-906.0K99.9M-192.3K4.0678.51N/AN/A2,87211,65934,09538,871
2015-08-25$32.91$39.0035.1%10.8%24.2%81.7%37.6%7.1%-2.1%-1.3M95.0M-239.6K3.0062.42N/AN/A3,78911,36735,11842,044
2015-08-26$33.73$39.0033.3%10.3%26.0%76.0%34.1%8.6%-5.7%-1.6M97.3M-256.8K1.1768.93N/AN/A7,4948,77437,11744,337
2015-08-27$34.98$39.0029.5%8.5%30.1%63.4%36.5%9.0%-2.6%-1.8M82.6M-280.5K1.4861.92N/AN/A5,6278,32139,28144,330
2015-08-28$34.59$39.0031.0%9.4%29.9%68.4%34.9%10.7%-0.8%-967.3K84.0M-285.2K1.1961.93N/AN/A5,9357,09139,48344,486
2015-08-31$34.54$39.0032.8%10.2%29.7%74.0%36.5%9.1%-3.1%-905.3K84.8M-278.3K0.8060.85N/AN/A5,3164,24838,91441,989