VZ Options History — September 2022

In September 2022, VZ traded between $38.14 and $42.70. ATM implied volatility averaged 25.6%, placing in the 86.8% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 7.4% (HV 20d: 18.2%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.68.

Notable Days

  • 2022-09-02: Highest Volume — 87,359 contracts
  • 2022-09-13: Largest IV spike — 12.6% change
  • 2022-09-20: Highest IV Rank — 100.0%
  • 2022-09-27: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.59$38.14$42.70$41.66$38.14
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV25.6%21.2%30.3%21.5%29.1%
Expected Move7.9%6.1%9.1%6.1%8.7%
HV 20d18.2%14.7%21.2%15.3%21.2%
HV 60d24.6%23.7%25.6%25.2%24.2%
IV Rank86.8%64.2%100.0%66.9%93.4%
IV Percentile94.8%76.6%100.0%80.2%99.2%
Term Structure0.5%-1.9%5.6%2.4%-0.9%
VWIV27.1%19.4%32.6%21.1%30.6%
Skew 25d4.3%2.6%5.6%4.1%4.8%
Skew 10d7.4%4.7%9.8%9.6%8.9%
Call IV 25d23.7%19.0%28.8%20.0%28.1%
Put IV 25d28.0%22.8%34.4%24.1%32.9%
Bid-Ask Spread %2.781.773.582.622.82
Gamma HHI0.160.110.290.120.14
Net GEX-5.0M-21.4M14.0M-6.8M-12.4M
Net DEX696.6M446.3M872.6M704.7M872.6M
Net VEX-3.2M-3.6M-2.8M-3.4M-2.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.301.020.570.80
Total Volume52,276.61934,88087,35942,91554,626
Total OI974,097.143863,8441,047,304942,0591,009,470

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-09-01$41.66$45.0021.5%6.1%15.3%66.9%21.1%4.1%2.4%-6.8M704.7M-3.4M0.572.62N/AN/A27,34915,566575,835366,224
2022-09-02$41.23$45.0022.0%6.3%15.0%69.7%19.4%3.6%2.4%-9.4M754.2M-3.3M0.933.57N/AN/A45,19042,169582,356370,977
2022-09-06$41.29$45.0024.4%7.8%15.1%86.5%26.7%4.1%-1.3%-8.6M761.9M-3.3M0.402.03N/AN/A40,53816,344581,479380,400
2022-09-07$41.23$45.0024.3%7.8%14.9%85.6%26.1%4.3%-1.1%-1.8M727.8M-3.3M0.692.08N/AN/A39,17727,002607,204381,804
2022-09-08$41.25$45.0023.8%7.7%14.7%81.8%26.3%3.5%-1.9%577.4K716.8M-3.2M0.361.77N/AN/A46,26816,774623,265382,225
2022-09-09$42.27$45.0021.9%7.6%17.9%69.3%23.8%2.7%-1.2%8.7M506.9M-3.6M0.331.94N/AN/A40,70913,359639,485389,845
2022-09-12$42.70$45.0021.2%6.8%18.2%64.2%24.4%3.8%2.4%9.8M446.3M-3.6M0.302.25N/AN/A36,80811,048619,384382,628
2022-09-13$41.62$45.0023.8%8.1%19.4%82.5%27.6%3.4%5.6%2.6M629.4M-3.4M0.632.88N/AN/A21,37313,507624,819386,632
2022-09-14$41.30$45.0024.0%8.3%18.9%83.7%28.0%3.6%4.8%-1.8M687.1M-3.4M1.002.51N/AN/A21,55321,628628,721393,051
2022-09-15$41.09$45.0023.6%7.9%18.8%80.8%26.6%3.5%4.8%-8.6M740.8M-3.2M0.703.09N/AN/A22,78215,930632,128401,196
2022-09-16$41.42$45.0024.7%7.9%17.7%88.0%26.8%2.6%4.4%14.0M676.8M-3.4M0.591.94N/AN/A40,40223,929641,276406,028
2022-09-19$41.16$45.0025.1%7.4%17.6%91.0%25.2%4.8%-1.4%-6.4M600.6M-3.0M0.703.51N/AN/A40,72928,309524,029339,815
2022-09-20$40.66$45.0026.7%7.7%17.8%100.0%27.1%4.8%-1.7%-6.6M621.9M-3.2M0.552.95N/AN/A30,90116,843548,712346,661
2022-09-21$39.69$45.0028.3%8.1%18.9%100.0%27.7%5.0%-1.9%-12.6M738.2M-3.0M0.863.58N/AN/A26,37222,615564,999356,507
2022-09-22$40.11$45.0027.7%8.0%19.6%96.4%27.6%4.8%-1.1%-10.2M674.6M-3.2M0.653.30N/AN/A29,40719,245576,833369,410
2022-09-23$39.47$45.0028.7%8.3%19.8%100.0%28.9%5.0%-0.7%-21.4M761.3M-3.0M0.833.35N/AN/A27,74722,936585,067375,716
2022-09-26$39.04$45.0030.0%9.0%19.9%100.0%32.1%5.4%-0.9%-8.2M745.5M-3.1M0.743.51N/AN/A26,30819,488577,374363,996
2022-09-27$38.85$45.0030.3%9.1%19.7%100.0%32.6%5.6%-1.0%-8.1M762.9M-2.9M0.852.86N/AN/A19,69616,748587,165370,164
2022-09-28$39.49$45.0028.6%8.5%20.4%90.9%29.4%5.1%-0.8%-6.8M701.7M-3.1M1.022.58N/AN/A25,73426,238594,585376,492
2022-09-29$38.69$45.0028.8%8.9%21.0%92.1%31.2%5.1%-0.9%-11.5M796.5M-3.0M0.743.21N/AN/A25,48318,979604,374387,709
2022-09-30$38.14$45.0029.1%8.7%21.2%93.4%30.6%4.8%-0.9%-12.4M872.6M-2.8M0.802.82N/AN/A30,33324,293613,755395,715