VWO Options History — October 2015

In October 2015, VWO traded between $33.07 and $36.44. ATM implied volatility averaged 23.5%, placing in the 35.8% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded below realized volatility by 3.0% (HV 20d: 26.5%). Max pain ranged from $34.00 to $35.00. Net GEX was positive for 9 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 2.86.

Notable Days

  • 2015-10-01: Highest Volume — 15,533 contracts
  • 2015-10-13: Largest IV spike — 10.7% change
  • 2015-10-01: Highest IV Rank — 63.1%
  • 2015-10-01: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.44$33.07$36.44$33.07$34.87
Max Pain$34.77$34.00$35.00$35.00$35.00
ATM IV23.5%20.4%30.9%30.9%20.6%
Expected Move6.7%5.9%8.2%8.2%6.0%
HV 20d26.5%21.0%30.7%28.5%21.0%
HV 60d28.3%27.5%28.6%28.2%28.4%
IV Rank35.8%24.5%63.1%63.1%25.0%
IV Percentile81.9%71.4%94.4%94.4%71.4%
Term Structure0.4%-3.0%3.8%-3.0%0.9%
VWIV24.0%17.8%31.2%19.7%21.8%
Skew 25d5.8%2.6%11.0%11.0%3.7%
Skew 10d16.1%5.5%24.4%24.4%15.6%
Call IV 25d21.2%18.2%25.4%23.2%20.8%
Put IV 25d27.0%23.3%34.3%34.3%24.5%
Bid-Ask Spread %70.7942.9793.6777.0954.43
Gamma HHI0.160.110.280.120.11
Net GEX110.2K-1.3M1.6M-297.5K-440.0K
Net DEX55.9M34.9M79.3M79.3M68.9M
Net VEX-311.6K-336.8K-271.2K-271.2K-286.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.861.054.031.054.01
Total Volume11,578.4091,25915,53315,53311,662
Total OI85,56380,78587,81084,37884,786

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-10-01$33.07$35.0030.9%8.2%28.5%63.1%19.7%11.0%-3.0%-297.5K79.3M-271.2K1.0577.09N/AN/A7,5607,97343,58340,795
2015-10-02$34.04$35.0027.8%7.6%29.9%51.4%17.8%6.0%3.8%-29.8K73.5M-284.2K1.4768.29N/AN/A5,4217,97543,73041,290
2015-10-05$34.75$34.0025.2%7.4%30.7%41.9%31.2%7.0%0.4%306.0K64.4M-305.5K1.9893.67N/AN/A42383643,95441,130
2015-10-06$34.65$34.0026.0%7.0%28.4%45.0%29.0%7.3%0.6%358.5K65.3M-304.6K1.6289.85N/AN/A4,9988,08144,01241,790
2015-10-07$35.50$34.0026.2%7.3%27.6%45.5%29.9%7.0%-1.6%775.2K51.3M-325.2K2.8488.60N/AN/A2,7927,93744,25142,054
2015-10-08$35.94$34.0024.8%7.1%27.6%40.6%28.0%8.4%0.2%1.1M44.7M-326.5K2.8589.80N/AN/A2,7257,77944,60442,251
2015-10-09$35.99$34.0023.7%6.9%27.6%36.5%25.2%4.9%-0.3%1.0M41.2M-336.8K3.0687.13N/AN/A2,5957,95144,85442,343
2015-10-12$35.78$35.0022.5%6.5%27.8%32.2%24.8%4.1%0.3%1.6M43.3M-320.6K3.4286.14N/AN/A2,2757,77144,60342,504
2015-10-13$35.20$35.0024.9%7.0%28.5%41.0%24.9%5.8%0.7%1.3M54.2M-312.2K2.7686.54N/AN/A2,8477,85844,62742,548
2015-10-14$35.45$35.0024.6%7.3%28.4%39.8%25.3%5.5%0.8%1.4M52.5M-317.7K2.6861.95N/AN/A2,9147,81344,74342,579
2015-10-15$36.30$35.0023.1%6.8%28.5%34.1%24.5%5.0%1.1%1.3M40.0M-314.7K1.5660.46N/AN/A5,0567,89244,85142,637
2015-10-16$36.37$35.0022.2%6.4%28.5%31.1%23.4%5.5%0.5%-185.2K34.9M-325.8K2.3780.88N/AN/A3,2707,73445,11042,700
2015-10-19$35.95$35.0021.9%6.2%27.2%30.0%21.5%6.0%0.6%-116.8K51.9M-312.4K3.2286.07N/AN/A3,21510,35641,47839,307
2015-10-20$35.84$35.0022.4%6.4%27.3%31.6%21.9%4.8%-0.1%-1.0M56.6M-326.3K3.2363.22N/AN/A2,8699,26642,11342,307
2015-10-21$35.42$35.0022.0%6.3%24.4%30.1%22.1%6.3%-1.1%-1.1M60.1M-318.9K3.1749.77N/AN/A3,0979,82942,39542,380
2015-10-22$36.19$35.0021.0%6.1%25.2%26.4%22.1%5.8%-1.0%-1.3M54.6M-324.8K3.3046.31N/AN/A3,06910,13442,61242,958
2015-10-23$36.44$35.0020.4%5.9%24.0%24.5%22.0%4.1%0.3%-414.1K49.5M-332.6K4.0357.32N/AN/A2,76811,15342,69743,373
2015-10-26$36.01$35.0021.2%6.5%23.0%27.2%22.5%5.1%2.4%-369.0K51.9M-312.1K3.4846.13N/AN/A2,6799,32042,67341,513
2015-10-27$35.65$35.0022.5%6.3%23.7%32.0%22.6%5.4%0.5%-411.5K59.9M-303.9K3.4642.97N/AN/A2,6659,23342,68542,001
2015-10-28$35.31$35.0020.6%6.5%22.6%25.0%24.1%2.6%3.0%-497.2K63.2M-304.2K3.3278.42N/AN/A2,7048,96542,70242,054
2015-10-29$34.89$35.0022.8%6.5%23.2%33.0%23.8%6.1%-0.0%-523.6K69.5M-289.5K3.9562.45N/AN/A2,2778,98842,71742,092
2015-10-30$34.87$35.0020.6%6.0%21.0%25.0%21.8%3.7%0.9%-440.0K68.9M-286.2K4.0154.43N/AN/A2,3309,33242,72342,063