VWO Options History — October 2025

In October 2025, VWO traded between $52.66 and $55.72. ATM implied volatility averaged 17.0%, placing in the 8.8% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 1.7% (HV 20d: 15.4%). Max pain ranged from $51.00 to $52.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 21 of 23 days. Put/call ratio averaged 1.12.

Notable Days

  • 2025-10-09: Highest Volume — 5,849 contracts
  • 2025-10-10: Largest IV spike — 44.0% change
  • 2025-10-14: Highest IV Rank — 25.8%
  • 2025-10-16: Largest Expected Move — 6.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.70$52.66$55.72$54.56$54.98
Max Pain$51.26$51.00$52.00$52.00$52.00
ATM IV17.0%12.7%26.2%13.2%16.6%
Expected Move4.8%3.6%6.1%3.8%4.7%
HV 20d15.4%7.6%19.3%8.9%19.3%
HV 60d12.3%9.5%13.7%9.5%13.6%
IV Rank8.8%0.8%25.8%1.8%8.0%
IV Percentile51.8%0.8%97.2%3.2%60.7%
Term Structure1.3%-4.7%8.1%1.0%1.9%
VWIV17.0%13.2%21.7%13.3%19.2%
Skew 25d3.2%0.3%6.1%1.1%2.9%
Skew 10d8.4%2.3%14.4%2.3%14.4%
Call IV 25d15.6%12.3%18.9%12.9%16.6%
Put IV 25d18.8%13.9%23.8%13.9%19.5%
Bid-Ask Spread %85.4173.5493.6887.4889.50
Gamma HHI0.140.120.160.140.13
Net GEX1.7M430.9K2.6M2.0M1.4M
Net DEX-18.6M-26.1M-4.7M-22.0M-17.6M
Net VEX-114.4K-141.7K-96.0K-107.5K-107.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.120.0218.630.510.19
Total Volume481.391325,84956229
Total OI23,760.47820,57326,98923,40222,371

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-10-01$54.56$52.0013.2%3.8%8.9%1.8%13.3%1.1%1.0%2.0M-22.0M-107.5K0.5187.48N/AN/A37199,66913,733
2025-10-02$54.67$52.0013.5%3.9%8.6%2.4%14.2%0.3%0.8%2.2M-23.9M-100.4K0.3189.08N/AN/A48159,68713,744
2025-10-03$54.81$52.0012.7%3.6%7.9%0.8%13.2%1.8%1.6%2.4M-24.8M-99.7K0.3491.99N/AN/A134459,69913,756
2025-10-06$55.03$51.0013.0%4.2%7.6%1.4%14.4%1.5%2.3%2.4M-25.8M-96.3K0.1978.31N/AN/A378719,72213,781
2025-10-07$54.67$51.0014.1%4.2%8.1%3.4%14.5%1.6%0.8%2.6M-23.8M-101.4K0.2373.54N/AN/A1283010,00413,796
2025-10-08$54.97$51.0013.8%4.2%8.2%2.8%15.6%1.4%1.0%2.6M-26.1M-96.0K0.2382.08N/AN/A1122610,07713,824
2025-10-09$54.48$51.0014.9%4.3%8.2%4.9%15.0%1.3%1.2%2.6M-22.8M-99.0K18.6378.52N/AN/A2985,55110,07213,849
2025-10-10$52.66$51.0021.5%5.3%14.8%17.1%20.0%2.8%-4.7%430.9K-4.7M-141.7K2.1787.79N/AN/A10121910,32516,164
2025-10-13$54.03$51.0021.4%5.2%17.5%17.0%18.9%3.6%2.1%1.8M-14.0M-138.0K0.2784.86N/AN/A832210,36616,371
2025-10-14$53.47$51.0026.2%5.6%17.7%25.8%19.0%4.6%0.4%1.5M-9.1M-135.5K0.3186.68N/AN/A1444410,38616,375
2025-10-15$54.36$51.0020.5%5.9%18.6%15.3%18.7%4.9%0.1%2.0M-15.2M-137.5K0.2381.08N/AN/A1553510,43816,401
2025-10-16$54.50$51.0021.2%6.1%18.5%16.5%19.9%4.9%-2.2%2.2M-16.7M-136.2K0.4390.95N/AN/A703010,52816,435
2025-10-17$54.42$51.0020.7%5.9%18.4%15.5%21.7%6.1%1.0%1.2M-18.0M-121.2K0.3186.57N/AN/A802510,53016,459
2025-10-20$55.05$51.0017.3%5.0%18.8%9.4%17.4%4.7%2.9%798.0K-14.2M-119.4K0.0380.51N/AN/A1,429408,55112,022
2025-10-21$54.61$51.0016.5%4.7%19.1%7.8%18.9%4.6%2.3%929.3K-13.3M-126.1K0.3379.39N/AN/A75259,93412,039
2025-10-22$54.52$51.0016.9%4.9%19.1%8.6%17.4%3.5%1.1%920.7K-13.0M-122.5K0.2885.43N/AN/A60179,97312,062
2025-10-23$54.97$51.0016.2%4.7%19.1%7.3%16.4%3.9%1.8%1.3M-17.0M-115.4K0.0285.49N/AN/A173410,02412,074
2025-10-24$55.20$51.0016.1%4.6%19.1%7.1%14.8%3.5%1.2%1.4M-19.0M-113.7K0.0386.89N/AN/A31110,07212,075
2025-10-27$55.63$51.0015.9%4.6%19.1%6.7%16.6%3.6%1.6%1.7M-22.4M-105.2K0.0485.98N/AN/A6342610,08912,075
2025-10-28$55.61$51.0015.5%4.5%19.1%6.1%15.8%2.7%1.7%1.9M-22.7M-102.8K0.4191.86N/AN/A1345510,18512,091
2025-10-29$55.72$52.0016.9%4.8%19.0%8.5%17.6%3.6%8.1%1.6M-22.9M-100.8K0.1193.68N/AN/A1261410,18912,137
2025-10-30$55.22$52.0017.2%4.9%19.3%9.0%18.4%3.8%1.3%1.6M-19.7M-106.6K0.1886.71N/AN/A841510,20112,136
2025-10-31$54.98$52.0016.6%4.7%19.3%8.0%19.2%2.9%1.9%1.4M-17.6M-107.2K0.1989.50N/AN/A1923710,22712,144