VWO Options History — August 2025

In August 2025, VWO traded between $49.53 and $52.16. ATM implied volatility averaged 14.3%, placing in the 3.3% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded above realized volatility by 4.0% (HV 20d: 10.4%). Max pain ranged from $47.00 to $48.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 2.68.

Notable Days

  • 2025-08-15: Highest Volume — 5,906 contracts
  • 2025-08-07: Largest IV drop — 17.1% change
  • 2025-08-06: Highest IV Rank — 5.7%
  • 2025-08-05: Largest Expected Move — 4.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.15$49.53$52.16$49.53$51.56
Max Pain$47.05$47.00$48.00$48.00$47.00
ATM IV14.3%12.9%15.6%14.7%14.2%
Expected Move4.2%3.7%4.5%4.2%4.1%
HV 20d10.4%8.7%12.1%9.1%11.2%
HV 60d11.2%10.5%11.7%11.4%11.5%
IV Rank3.3%0.7%5.7%4.1%3.2%
IV Percentile20.6%1.2%43.3%24.2%19.8%
Term Structure-1.0%-7.5%0.1%-0.6%-0.4%
VWIV14.5%13.2%16.1%15.1%14.0%
Skew 25d1.9%-1.3%4.0%0.1%2.4%
Skew 10d4.5%-1.7%9.6%-0.1%5.8%
Call IV 25d13.5%11.1%16.0%16.0%12.7%
Put IV 25d15.4%11.7%17.4%16.1%15.0%
Bid-Ask Spread %75.9749.3491.3088.1278.68
Gamma HHI0.240.150.360.330.18
Net GEX3.6M2.5M6.0M3.4M3.2M
Net DEX-33.8M-46.9M-23.2M-23.2M-30.0M
Net VEX-107.6K-131.2K-88.3K-131.2K-101.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.680.0046.960.090.43
Total Volume851.238295,906119126
Total OI25,182.66722,05429,01426,76223,726

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$49.53$48.0014.7%4.2%9.1%4.1%15.1%0.1%-0.6%3.4M-23.2M-131.2K0.0988.12N/AN/A1091015,63311,129
2025-08-04$50.00$47.0014.0%4.4%8.7%2.7%14.1%2.5%-0.7%4.2M-30.2M-123.9K1.9663.72N/AN/A7214115,66111,134
2025-08-05$50.22$47.0014.6%4.5%8.7%3.9%15.5%2.6%-0.5%3.9M-32.1M-126.4K0.1462.37N/AN/A37515,70111,261
2025-08-06$50.39$47.0015.6%4.4%8.7%5.7%16.1%2.9%-1.0%4.6M-35.5M-118.4K1.0767.96N/AN/A141515,72311,261
2025-08-07$50.77$47.0012.9%4.1%9.1%0.7%14.0%2.9%0.1%5.0M-39.8M-118.9K0.1462.63N/AN/A991415,72611,272
2025-08-08$50.66$47.0013.5%4.0%9.1%1.8%13.2%2.7%-0.6%5.2M-39.3M-113.3K0.3470.79N/AN/A742515,74611,275
2025-08-11$50.64$47.0014.3%3.9%9.1%3.3%14.4%1.7%-0.1%6.0M-40.1M-107.0K46.9677.15N/AN/A833,89815,79811,297
2025-08-12$51.23$47.0013.7%4.0%9.6%2.3%16.1%-1.3%-0.8%5.3M-46.9M-110.2K0.0080.47N/AN/A4,4071415,82813,186
2025-08-13$51.75$47.0013.0%3.7%10.0%0.9%14.0%4.0%-0.1%3.0M-42.6M-88.3K0.5667.85N/AN/A1779912,99513,184
2025-08-14$51.19$47.0014.0%4.0%10.8%2.7%14.3%1.9%-0.6%4.8M-36.5M-91.9K0.1880.16N/AN/A2334113,01313,253
2025-08-15$51.34$47.0014.0%4.0%10.8%2.7%13.9%1.9%-1.2%3.4M-39.4M-90.5K1.5849.34N/AN/A2,2923,61413,06513,245
2025-08-18$51.72$47.0013.8%4.0%10.9%2.3%13.2%1.6%-0.5%2.6M-30.9M-98.9K0.0584.50N/AN/A1,0485711,47610,578
2025-08-19$51.36$47.0015.4%4.4%11.2%5.3%14.8%1.0%-2.3%2.6M-28.1M-112.1K0.1785.34N/AN/A871512,49510,596
2025-08-20$51.33$47.0015.5%4.4%10.8%5.4%15.0%2.5%-7.5%2.5M-27.4M-112.5K0.7191.30N/AN/A1198512,57010,604
2025-08-21$51.27$47.0014.6%4.2%10.7%3.9%14.3%2.7%-0.5%2.5M-26.7M-111.9K0.3774.48N/AN/A592212,63410,674
2025-08-22$52.16$47.0013.9%4.0%12.1%2.5%13.8%1.6%-0.6%2.8M-35.3M-101.3K0.4784.06N/AN/A1185512,62210,710
2025-08-25$52.02$47.0014.8%4.2%11.7%4.1%14.8%1.6%-0.8%2.7M-33.9M-102.1K0.5479.68N/AN/A653512,67210,720
2025-08-26$51.84$47.0014.8%4.2%11.9%4.2%14.2%1.4%-0.4%2.9M-32.8M-99.0K0.2382.64N/AN/A701612,69810,744
2025-08-27$51.47$47.0015.5%4.4%11.7%5.5%14.4%1.8%-0.9%3.0M-28.7M-101.3K0.2780.61N/AN/A671812,68910,745
2025-08-28$51.66$47.0014.1%4.0%11.6%3.0%14.5%0.7%-0.1%2.8M-30.6M-98.8K0.0583.58N/AN/A3251612,73910,758
2025-08-29$51.56$47.0014.2%4.1%11.2%3.2%14.0%2.4%-0.4%3.2M-30.0M-101.1K0.4378.68N/AN/A883812,95410,772