VZ Options History — April 2021

In April 2021, VZ traded between $56.33 and $59.06. ATM implied volatility averaged 15.3%, placing in the 7.6% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded above realized volatility by 1.0% (HV 20d: 14.3%). Max pain ranged from $55.00 to $57.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.42.

Notable Days

  • 2021-04-07: Highest Volume — 267,638 contracts
  • 2021-04-21: Largest IV drop — 17.8% change
  • 2021-04-20: Highest IV Rank — 15.3%
  • 2021-04-20: Largest Expected Move — 4.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$57.79$56.33$59.06$58.27$57.66
Max Pain$57.38$55.00$57.50$55.00$57.50
ATM IV15.3%13.8%16.8%15.8%14.1%
Expected Move4.3%4.0%4.8%4.2%4.0%
HV 20d14.3%12.7%18.3%18.3%14.3%
HV 60d19.9%18.8%20.5%20.2%19.1%
IV Rank7.6%0.0%15.3%7.1%2.7%
IV Percentile7.6%0.0%18.3%8.7%1.6%
Term Structure-0.1%-1.0%0.9%-0.3%-0.2%
VWIV15.2%14.1%16.7%14.8%14.5%
Skew 25d1.3%-0.1%2.1%0.3%1.3%
Skew 10d2.9%-0.8%5.9%-0.2%3.5%
Call IV 25d15.2%13.7%16.5%16.3%14.2%
Put IV 25d16.6%15.1%17.9%16.6%15.5%
Bid-Ask Spread %10.372.9338.593.763.10
Gamma HHI0.170.110.240.180.16
Net GEX48.5M11.4M129.2M85.2M54.2M
Net DEX-396.6M-925.4M-22.3M-766.6M-439.0M
Net VEX-5.2M-5.8M-4.7M-4.9M-5.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.050.610.350.26
Total Volume61,837.28627,905267,63859,57794,734
Total OI719,255.238629,548762,134745,845762,134

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$58.27$55.0015.8%4.2%18.3%7.1%14.8%0.3%-0.3%85.2M-766.6M-4.9M0.353.76N/AN/A44,14315,434497,527248,318
2021-04-05$58.91$57.5016.1%4.3%16.6%8.1%15.4%0.5%-0.8%97.6M-925.4M-4.8M0.1735.13N/AN/A26,3364,573490,478238,957
2021-04-06$58.94$57.5015.4%4.4%15.7%6.2%15.5%0.1%-0.0%106.2M-903.1M-4.7M0.3638.59N/AN/A36,24812,949495,536243,089
2021-04-07$59.06$57.5015.2%4.1%15.0%6.9%14.7%-0.1%-0.2%129.2M-908.2M-4.7M0.0520.01N/AN/A255,81711,821508,142248,528
2021-04-08$57.60$57.5015.9%4.4%17.2%10.7%15.7%2.0%0.9%33.0M-257.3M-5.2M0.5512.26N/AN/A34,87719,100460,216250,637
2021-04-09$57.56$57.5015.6%4.3%13.7%8.7%16.2%2.1%-0.2%29.3M-228.6M-5.2M0.6127.87N/AN/A24,89815,143472,534258,512
2021-04-12$57.49$57.5016.3%4.5%13.7%13.0%15.8%1.7%-0.9%30.7M-227.3M-5.2M0.4514.24N/AN/A19,2598,646462,010254,585
2021-04-13$57.59$57.5016.1%4.6%13.4%11.9%16.1%1.3%-0.1%33.4M-268.4M-5.2M0.593.79N/AN/A20,92112,240466,235258,985
2021-04-14$57.69$57.5016.4%4.7%13.4%13.2%16.3%1.5%0.0%38.1M-292.4M-5.3M0.4913.72N/AN/A23,97211,866471,021263,426
2021-04-15$57.89$57.5016.0%4.6%13.4%11.1%16.1%1.9%-0.0%43.5M-335.6M-5.3M0.593.26N/AN/A21,25612,531474,830269,228
2021-04-16$58.40$57.5015.9%4.5%13.3%10.7%15.0%1.8%-0.2%56.0M-483.3M-5.3M0.323.03N/AN/A39,44012,721481,079274,093
2021-04-19$58.33$57.5016.5%4.7%13.3%13.9%16.6%1.6%-0.1%47.6M-450.1M-5.4M0.544.02N/AN/A29,91816,015402,115227,433
2021-04-20$58.41$57.5016.8%4.8%13.2%15.3%16.7%1.5%-1.0%52.6M-480.1M-5.5M0.6010.71N/AN/A30,82918,608416,626237,617
2021-04-21$58.16$57.5013.8%4.0%13.2%0.0%14.3%1.3%0.6%50.2M-396.1M-5.3M0.443.05N/AN/A32,67814,382427,629248,950
2021-04-22$57.31$57.5014.4%4.1%14.3%4.3%14.8%1.6%0.1%18.7M-208.4M-5.4M0.574.19N/AN/A41,79923,880436,168253,326
2021-04-23$57.36$57.5013.9%4.0%14.1%0.9%14.9%1.4%0.4%24.1M-214.3M-5.4M0.513.78N/AN/A36,08218,305445,498263,760
2021-04-26$56.91$57.5014.2%4.1%13.9%3.5%14.3%1.7%-0.2%13.1M-131.5M-5.2M0.243.27N/AN/A62,89315,017425,173251,344
2021-04-27$56.33$57.5014.3%4.1%12.8%4.1%14.3%1.6%0.0%11.4M-22.3M-5.2M0.383.03N/AN/A50,69419,039458,420261,222
2021-04-28$56.43$57.5014.2%4.0%12.7%3.6%14.1%1.4%0.5%17.4M-64.7M-5.4M0.492.93N/AN/A24,14911,898475,464269,919
2021-04-29$57.33$57.5014.2%4.0%14.1%3.4%14.2%1.4%-0.6%47.2M-325.8M-5.6M0.263.93N/AN/A58,24115,231479,014274,582
2021-04-30$57.66$57.5014.1%4.0%14.3%2.7%14.5%1.3%-0.2%54.2M-439.0M-5.8M0.263.10N/AN/A74,90319,831481,639280,495