VZ Options History — June 2020

In June 2020, VZ traded between $53.10 and $57.95. ATM implied volatility averaged 23.0%, placing in the 19.5% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded above realized volatility by 4.5% (HV 20d: 18.5%). Max pain ranged from $55.00 to $57.50. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.50.

Notable Days

  • 2020-06-24: Highest Volume — 61,145 contracts
  • 2020-06-11: Largest IV spike — 21.0% change
  • 2020-06-26: Highest IV Rank — 25.7%
  • 2020-06-26: Largest Expected Move — 7.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$56.11$53.10$57.95$55.88$55.02
Max Pain$55.32$55.00$57.50$57.50$55.00
ATM IV23.0%18.8%26.4%21.1%23.7%
Expected Move6.4%5.5%7.4%6.1%6.1%
HV 20d18.5%14.0%22.3%22.0%20.0%
HV 60d27.4%22.2%32.9%32.8%22.2%
IV Rank19.5%11.7%25.7%16.1%20.7%
IV Percentile78.3%59.9%85.3%76.2%78.6%
Term Structure0.2%-2.9%2.7%0.7%-1.0%
VWIV22.8%19.4%27.1%22.4%21.9%
Skew 25d4.6%3.8%5.4%4.3%4.1%
Skew 10d8.5%5.6%9.9%8.9%8.3%
Call IV 25d21.3%17.3%24.9%19.7%22.2%
Put IV 25d25.9%21.1%29.5%24.1%26.3%
Bid-Ask Spread %4.573.308.213.494.88
Gamma HHI0.110.080.160.100.09
Net GEX19.8M-18.8M49.7M17.2M10.7M
Net DEX-118.8M-474.5M257.1M-56.7M-66.6M
Net VEX-4.1M-4.4M-3.7M-4.3M-3.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.260.900.560.51
Total Volume35,576.95516,73361,14537,83924,513
Total OI646,230.136507,861708,257648,959608,227

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-06-01$55.88$57.5021.1%6.1%22.0%16.1%22.4%4.3%0.7%17.2M-56.7M-4.3M0.563.49N/AN/A24,30513,534332,479316,480
2020-06-02$56.16$57.5021.0%5.9%21.8%15.8%20.1%4.2%1.1%20.4M-92.7M-4.3M0.323.30N/AN/A19,1306,094338,206324,218
2020-06-03$56.92$57.0019.8%5.5%22.3%13.7%20.8%4.5%0.8%35.6M-278.6M-4.2M0.483.65N/AN/A24,15111,481345,469325,767
2020-06-04$56.93$55.0020.6%5.8%21.4%15.1%20.4%4.3%1.0%36.0M-268.4M-4.2M0.794.88N/AN/A15,96012,541346,542328,209
2020-06-05$57.65$55.0018.8%5.6%21.8%11.7%19.4%3.8%1.3%44.2M-443.0M-4.0M0.385.38N/AN/A39,34214,973347,622331,762
2020-06-08$57.84$55.0020.1%5.7%20.2%14.2%20.3%4.0%-0.4%44.6M-428.2M-4.0M0.723.70N/AN/A15,50211,177336,971325,028
2020-06-09$57.82$55.0021.4%6.1%20.1%16.6%24.1%4.8%-0.5%40.5M-394.0M-4.1M0.304.44N/AN/A25,7857,672339,720330,393
2020-06-10$57.95$55.0021.2%5.9%18.8%16.1%20.8%3.9%-0.2%49.7M-474.5M-4.1M0.383.38N/AN/A23,1608,810350,049332,138
2020-06-11$56.58$55.0025.6%7.0%19.7%24.2%27.1%4.9%-1.0%22.6M-133.0M-4.4M0.705.69N/AN/A21,67515,076352,942335,521
2020-06-12$56.42$55.0026.4%7.0%19.8%25.6%25.4%5.4%-2.9%18.5M-96.9M-4.4M0.715.41N/AN/A18,12712,871355,776340,614
2020-06-15$55.93$55.0025.3%7.2%19.9%23.6%23.7%5.2%0.0%10.1M-838.5K-4.1M0.428.21N/AN/A17,9177,545346,456335,389
2020-06-16$56.83$55.0023.1%6.6%17.9%19.6%22.7%5.4%1.5%28.9M-177.2M-4.0M0.654.16N/AN/A22,92314,996350,808336,450
2020-06-17$56.61$55.0023.2%6.6%14.2%19.7%23.3%5.2%1.0%27.9M-120.7M-4.1M0.323.91N/AN/A12,6654,068355,636338,041
2020-06-18$56.60$55.0022.5%6.4%14.1%18.6%22.2%5.3%1.9%26.4M-100.0M-3.9M0.265.35N/AN/A22,7145,809358,793339,433
2020-06-19$56.40$55.0022.6%6.3%14.0%18.7%23.6%5.2%2.7%13.0M-62.2M-4.0M0.455.19N/AN/A18,2938,164366,313341,944
2020-06-22$55.73$55.0023.6%6.4%14.9%20.5%22.3%4.6%-0.1%8.3M-31.8M-3.7M0.463.95N/AN/A32,59715,028252,807255,054
2020-06-23$55.23$55.0023.7%6.5%15.1%20.7%23.1%4.2%-0.3%5.0M19.5M-3.8M0.904.17N/AN/A21,05718,943277,045265,541
2020-06-24$54.14$55.0025.7%7.0%16.6%24.3%24.8%4.2%0.0%-6.4M159.0M-3.9M0.624.68N/AN/A37,78123,364285,574277,807
2020-06-25$54.18$55.0025.4%6.9%16.0%23.9%24.9%4.8%-0.0%-2.7M138.5M-3.9M0.314.68N/AN/A33,62010,532302,804284,786
2020-06-26$53.10$55.0026.4%7.4%17.2%25.7%26.0%4.6%0.1%-18.8M257.1M-4.0M0.534.26N/AN/A29,73015,695316,649289,817
2020-06-29$54.43$55.0024.9%6.8%19.7%22.9%22.9%4.3%-0.2%2.9M37.0M-4.0M0.323.87N/AN/A32,84310,530310,128285,655
2020-06-30$55.02$55.0023.7%6.1%20.0%20.7%21.9%4.1%-1.0%10.7M-66.6M-3.9M0.514.88N/AN/A16,2128,301316,549291,678