VWO Options History — November 2019

In November 2019, VWO traded between $41.99 and $43.22. ATM implied volatility averaged 14.9%, placing in the 8.0% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded above realized volatility by 3.9% (HV 20d: 11.0%). Max pain ranged from $41.00 to $42.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 2.93.

Notable Days

  • 2019-11-15: Highest Volume — 5,050 contracts
  • 2019-11-08: Largest IV spike — 44.2% change
  • 2019-11-08: Highest IV Rank — 25.7%
  • 2019-11-13: Largest Expected Move — 4.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.46$41.99$43.22$42.47$42.03
Max Pain$41.95$41.00$42.00$41.00$42.00
ATM IV14.9%13.5%19.8%13.5%14.8%
Expected Move4.2%3.8%4.5%3.8%4.3%
HV 20d11.0%10.2%12.1%12.1%11.3%
HV 60d12.4%11.4%13.8%13.8%11.5%
IV Rank8.0%2.8%25.7%2.9%7.5%
IV Percentile21.9%1.6%74.2%1.6%24.6%
Term Structure-0.1%-5.0%3.0%-0.3%0.4%
VWIV14.7%12.8%18.2%12.9%14.9%
Skew 25d3.1%-0.6%6.7%2.7%2.1%
Skew 10d5.2%-9.2%9.9%1.1%5.0%
Call IV 25d13.4%11.2%17.3%12.1%13.5%
Put IV 25d16.5%14.6%20.9%14.8%15.6%
Bid-Ask Spread %84.2440.95100.69100.0148.45
Gamma HHI0.150.100.200.150.10
Net GEX2.6M-71.0K4.9M4.9M-71.0K
Net DEX-12.0M-31.4M3.6M-13.4M3.6M
Net VEX-436.8K-465.5K-410.9K-463.0K-424.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.930.0332.070.175.76
Total Volume792.51185,050908257
Total OI81,698.5577,68884,65183,10080,647

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-11-01$42.47$41.0013.5%3.8%12.1%2.9%12.9%2.7%-0.3%4.9M-13.4M-463.0K0.17100.01N/AN/A77912933,65349,447
2019-11-04$42.83$42.0013.9%4.4%11.7%4.3%15.5%3.2%0.8%3.4M-24.0M-452.3K0.1290.25N/AN/A1,34115533,48549,422
2019-11-05$42.99$42.0018.2%4.4%10.9%19.9%15.6%5.5%-2.4%3.8M-28.3M-449.2K0.4389.69N/AN/A32313933,44649,468
2019-11-06$42.91$42.0014.2%4.4%10.9%5.4%15.1%1.9%3.0%3.9M-24.5M-444.4K0.0398.27N/AN/A3731333,58149,564
2019-11-07$43.22$42.0013.7%4.2%10.8%3.7%13.9%4.3%-0.1%4.4M-31.4M-465.5K0.74100.13N/AN/A42431433,80249,570
2019-11-08$42.81$42.0019.8%4.2%10.3%25.7%15.5%-0.6%-5.0%4.3M-23.8M-446.9K1.31100.69N/AN/A516734,13049,811
2019-11-11$42.59$42.0015.4%4.3%10.2%10.0%16.2%6.7%0.4%4.2M-17.8M-434.3K0.1656.83N/AN/A2834534,04249,775
2019-11-12$42.25$42.0015.5%4.4%10.6%10.3%15.3%3.4%0.0%3.0M-9.4M-434.8K1.2594.98N/AN/A567034,20349,770
2019-11-13$42.00$42.0015.3%4.5%10.9%9.5%17.6%3.6%0.2%1.9M-1.8M-437.6K1.2040.95N/AN/A36643934,24349,769
2019-11-14$41.99$42.0015.1%4.4%10.9%8.7%18.2%3.0%0.2%2.1M-1.5M-424.4K2.0487.67N/AN/A5110434,49150,052
2019-11-15$42.25$42.0014.7%4.2%11.0%7.4%14.5%2.4%0.3%2.7M-9.6M-421.4K0.0594.61N/AN/A4,80025034,51650,135
2019-11-18$42.25$42.0014.6%4.2%10.8%6.8%13.9%2.9%0.4%1.7M-8.3M-438.0K1.5384.21N/AN/A14121633,81143,877
2019-11-19$42.41$42.0013.9%4.0%10.9%4.3%12.9%2.5%-0.1%2.1M-10.9M-438.1K5.4885.66N/AN/A16489833,91144,019
2019-11-20$42.24$42.0014.9%4.3%11.0%8.0%14.7%3.0%-0.3%1.5M-5.1M-438.4K32.0785.72N/AN/A2786633,99844,847
2019-11-21$42.25$42.0014.8%4.3%11.0%7.8%13.9%3.4%-0.2%1.3M-3.7M-443.1K0.5686.40N/AN/A1327434,01745,350
2019-11-22$42.24$42.0014.4%4.0%10.9%6.3%12.9%2.5%0.3%985.6K-3.7M-435.0K0.9684.65N/AN/A18417633,98445,377
2019-11-25$42.60$42.0013.5%3.9%11.1%2.8%13.1%1.8%0.1%2.5M-11.1M-422.0K0.7186.22N/AN/A76854933,92245,392
2019-11-26$42.35$42.0013.5%3.8%11.1%2.8%12.8%3.7%-0.4%1.5M-5.7M-412.4K3.4280.62N/AN/A11338634,23745,758
2019-11-27$42.51$42.0014.2%4.0%11.1%5.3%13.6%3.3%-0.3%2.2M-9.8M-410.9K0.5188.70N/AN/A21611134,32946,120
2019-11-29$42.03$42.0014.8%4.3%11.3%7.5%14.9%2.1%0.4%-71.0K3.6M-424.1K5.7648.45N/AN/A3821934,47846,169