VZ Options History — October 2020

In October 2020, VZ traded between $56.52 and $59.68. ATM implied volatility averaged 20.3%, placing in the 14.5% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 8.9% (HV 20d: 11.4%). Max pain ranged from $57.50 to $60.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.45.

Notable Days

  • 2020-10-13: Highest Volume — 171,035 contracts
  • 2020-10-28: Largest IV spike — 17.3% change
  • 2020-10-28: Highest IV Rank — 18.5%
  • 2020-10-28: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$58.22$56.52$59.68$59.32$56.69
Max Pain$58.14$57.50$60.00$57.50$57.50
ATM IV20.3%17.8%22.5%20.0%21.9%
Expected Move5.8%4.9%6.9%5.1%6.6%
HV 20d11.4%10.1%12.8%11.3%12.8%
HV 60d11.8%10.9%13.4%13.4%12.2%
IV Rank14.5%10.0%18.5%14.0%17.4%
IV Percentile57.7%40.9%71.4%55.2%68.7%
Term Structure-0.2%-1.7%0.8%0.8%-0.3%
VWIV20.1%16.6%24.9%17.4%24.5%
Skew 25d2.8%1.2%4.7%2.0%4.0%
Skew 10d6.3%2.2%20.7%2.9%10.4%
Call IV 25d19.3%17.1%21.4%19.2%20.4%
Put IV 25d22.2%19.8%26.1%21.2%24.5%
Bid-Ask Spread %3.272.415.164.293.03
Gamma HHI0.200.130.310.250.17
Net GEX29.4M10.9M55.1M36.8M18.9M
Net DEX-232.1M-506.5M-9.3M-433.8M-9.3M
Net VEX-3.8M-4.0M-3.5M-3.6M-4.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.450.061.070.401.05
Total Volume45,117.22715,897171,03519,44824,294
Total OI609,932.955550,638666,551600,666615,291

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$59.32$57.5020.0%5.1%11.3%14.0%17.4%2.0%0.8%36.8M-433.8M-3.6M0.404.29N/AN/A13,8745,574346,929253,737
2020-10-02$59.34$57.5019.9%4.9%11.1%13.7%16.6%1.7%0.8%37.3M-443.3M-3.6M0.685.16N/AN/A10,6737,223350,786256,877
2020-10-05$59.59$57.5020.6%5.8%11.2%15.1%20.5%1.5%-0.7%43.2M-483.9M-3.5M0.493.07N/AN/A16,6848,215340,033246,619
2020-10-06$59.42$57.5020.9%5.8%11.0%15.7%20.9%3.6%-0.4%39.2M-438.7M-3.6M0.343.91N/AN/A22,2107,484347,965250,167
2020-10-07$59.68$57.5019.3%5.4%11.1%12.6%19.2%3.0%0.2%49.9M-506.5M-3.5M0.063.46N/AN/A116,3246,850360,615254,413
2020-10-08$59.05$57.5020.5%5.6%11.1%15.0%19.8%3.6%-0.2%29.0M-258.4M-3.9M0.482.51N/AN/A22,75911,012341,116258,081
2020-10-09$59.34$57.5019.2%5.4%11.2%12.5%19.3%4.5%-0.6%43.4M-325.7M-3.9M0.584.72N/AN/A12,8027,429349,145262,576
2020-10-12$59.55$57.5019.1%5.4%10.4%12.4%18.6%2.8%-0.4%55.1M-377.0M-3.9M0.583.28N/AN/A22,64113,190339,241252,263
2020-10-13$59.45$60.0021.2%5.7%10.3%16.2%20.2%1.2%-1.7%51.2M-366.6M-4.0M0.113.23N/AN/A153,85617,179344,580254,846
2020-10-14$58.42$60.0020.8%5.9%11.8%15.5%19.9%1.7%0.1%25.9M-212.0M-4.0M0.192.41N/AN/A42,5988,003387,222265,373
2020-10-15$58.01$60.0020.9%5.9%12.0%15.7%20.5%2.2%-0.4%10.9M-134.3M-3.9M0.432.53N/AN/A26,42411,339390,901267,903
2020-10-16$58.05$60.0020.6%5.9%12.0%15.1%19.8%2.3%-0.3%20.4M-169.5M-3.9M0.302.43N/AN/A26,6337,865395,411271,140
2020-10-19$57.23$60.0022.1%6.3%11.8%17.8%21.2%3.0%-1.0%16.2M-71.0M-3.8M0.323.05N/AN/A52,99316,895322,194228,444
2020-10-20$57.17$58.0021.6%6.2%11.2%16.9%22.1%2.1%-0.8%21.1M-101.6M-4.0M0.583.64N/AN/A44,48425,784349,767238,775
2020-10-21$56.78$58.0019.0%5.4%10.1%12.1%19.0%2.7%-0.3%11.0M-14.9M-3.8M0.253.00N/AN/A56,42014,008367,856250,679
2020-10-22$57.48$58.0018.2%5.2%11.1%10.7%18.1%3.0%0.1%23.6M-129.0M-3.9M0.263.04N/AN/A26,5916,902377,011255,134
2020-10-23$57.83$57.5017.8%5.1%11.4%10.0%18.1%2.7%-0.3%35.1M-197.3M-3.9M0.452.82N/AN/A16,4867,446377,289257,011
2020-10-26$57.59$57.5019.5%5.8%11.3%13.1%20.4%3.1%0.2%23.4M-172.5M-3.9M0.502.71N/AN/A18,3819,170346,519237,684
2020-10-27$57.40$57.5019.1%5.7%11.3%12.4%19.4%3.1%-0.2%21.4M-153.2M-3.9M0.403.00N/AN/A11,3434,554351,884242,082
2020-10-28$56.52$57.5022.5%6.9%12.3%18.5%24.9%4.7%0.7%13.9M-24.4M-3.9M1.073.37N/AN/A16,84018,075357,136243,979
2020-10-29$56.98$57.5021.2%6.5%12.8%16.1%22.7%4.0%0.6%20.1M-83.7M-3.9M0.483.38N/AN/A15,5517,521360,476251,375
2020-10-30$56.69$57.5021.9%6.6%12.8%17.4%24.5%4.0%-0.3%18.9M-9.3M-4.0M1.053.03N/AN/A11,87012,424361,887253,404