VZ Options History — May 2021

In May 2021, VZ traded between $56.18 and $59.66. ATM implied volatility averaged 15.1%, placing in the 11.5% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded above realized volatility by 0.3% (HV 20d: 14.8%). Max pain ranged from $57.00 to $57.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.48.

Notable Days

  • 2021-05-27: Highest Volume — 70,303 contracts
  • 2021-05-14: Largest IV drop — 13.0% change
  • 2021-05-12: Highest IV Rank — 29.4%
  • 2021-05-12: Largest Expected Move — 5.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$57.81$56.18$59.66$57.92$56.60
Max Pain$57.48$57.00$57.50$57.50$57.00
ATM IV15.1%13.6%17.4%14.2%13.7%
Expected Move4.4%3.8%5.3%4.0%3.8%
HV 20d14.8%11.4%16.7%13.8%14.8%
HV 60d17.6%15.9%19.8%19.1%15.9%
IV Rank11.5%0.0%29.4%3.4%0.3%
IV Percentile11.0%0.0%31.0%2.4%0.4%
Term Structure0.3%-0.6%1.7%0.5%0.3%
VWIV15.9%14.2%18.3%14.5%14.2%
Skew 25d1.6%-0.4%2.5%1.6%1.4%
Skew 10d3.1%-3.3%4.7%3.0%2.6%
Call IV 25d15.2%14.0%17.6%14.0%14.2%
Put IV 25d16.8%14.6%19.7%15.6%15.6%
Bid-Ask Spread %3.142.194.003.383.13
Gamma HHI0.180.120.270.180.13
Net GEX50.6M9.8M99.4M66.5M37.2M
Net DEX-445.7M-967.8M-58.8M-498.2M-220.1M
Net VEX-6.1M-6.4M-5.8M-5.8M-6.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.480.230.710.230.49
Total Volume47,155.9525,38970,30368,42549,927
Total OI788,835.95752,720848,698752,720848,698

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$57.92$57.5014.2%4.0%13.8%3.4%14.5%1.6%0.5%66.5M-498.2M-5.8M0.233.38N/AN/A55,50512,920481,225271,495
2021-05-04$58.50$57.5015.1%4.5%14.3%10.7%15.6%1.9%0.2%78.4M-679.7M-5.9M0.433.29N/AN/A45,10619,384488,563275,548
2021-05-05$58.72$57.5014.5%4.1%14.3%5.9%15.1%1.1%-0.4%83.9M-722.7M-5.9M0.453.60N/AN/A33,42615,061490,957279,652
2021-05-06$59.28$57.5014.6%4.2%11.4%6.5%15.1%1.7%0.0%99.4M-913.0M-6.1M0.673.76N/AN/A27,13018,119498,505283,406
2021-05-07$58.74$57.5013.6%4.2%11.9%0.0%14.7%-0.4%0.4%82.8M-731.4M-6.0M0.643.35N/AN/A22,22714,295502,877288,539
2021-05-10$59.66$57.5014.5%4.2%13.0%6.7%16.2%0.5%0.8%87.9M-967.8M-5.9M0.512.70N/AN/A45,25222,888483,263278,364
2021-05-11$58.47$57.5016.0%4.7%15.1%18.4%17.1%2.4%0.2%66.6M-586.3M-6.2M0.633.39N/AN/A24,35615,338495,487281,229
2021-05-12$58.55$57.5017.4%5.3%15.1%29.4%18.3%2.1%1.0%61.5M-579.1M-6.4M0.682.98N/AN/A18,67212,611497,697285,786
2021-05-13$59.03$57.5016.4%4.6%15.3%21.7%18.3%2.1%-0.6%78.8M-753.8M-6.3M0.673.01N/AN/A15,20910,180500,100291,056
2021-05-14$58.80$57.5014.3%4.1%15.1%5.1%15.1%1.4%0.2%82.8M-685.4M-6.1M0.442.76N/AN/A21,2569,305503,450293,879
2021-05-17$57.98$57.5016.0%4.6%16.0%18.7%16.7%2.5%-0.5%41.8M-428.0M-6.0M0.414.00N/AN/A35,15814,433485,543281,118
2021-05-18$57.33$57.5016.0%4.6%16.4%18.7%17.0%1.9%0.3%25.4M-267.0M-6.2M0.362.19N/AN/A37,78813,651501,252286,310
2021-05-19$56.80$57.5016.8%4.8%16.7%24.5%17.9%2.2%0.7%14.4M-123.6M-6.2M0.522.53N/AN/A29,81515,463509,103294,024
2021-05-20$56.84$57.5015.3%4.4%15.9%13.6%15.9%1.7%0.7%15.3M-124.7M-6.0M0.282.33N/AN/A30,9388,654517,421299,195
2021-05-21$56.84$57.5015.3%4.4%15.9%13.3%17.2%1.4%0.5%22.6M-112.5M-6.1M0.713.19N/AN/A30,15421,297530,493303,376
2021-05-24$57.09$57.5014.8%4.1%15.7%9.0%14.8%2.0%1.7%25.6M-261.0M-6.0M0.333.45N/AN/A32,21510,515483,427272,860
2021-05-25$56.45$57.5015.0%4.3%15.8%11.1%14.8%1.3%0.3%16.7M-110.3M-5.9M0.323.68N/AN/A40,56313,053500,826278,537
2021-05-26$56.32$57.5014.5%4.1%15.8%6.9%14.3%1.3%0.3%15.2M-90.6M-6.0M0.553.00N/AN/A19,98610,966514,500286,196
2021-05-27$56.18$57.5014.3%4.1%14.7%5.4%14.5%1.1%0.2%9.8M-58.8M-5.9M0.323.17N/AN/A53,43516,868521,777290,985
2021-05-28$56.60$57.0013.7%3.8%14.8%0.3%14.2%1.4%0.3%37.2M-220.1M-6.2M0.493.13N/AN/A33,58016,347547,499301,199