VRT (VRT) options memo

The Read

VRT is down 6.27% today at $269.56.

Options traders lean neutral into 2026-07-31, and neutral further out.

A move through the gamma flip level would change how dealers hedge this stock.

Key numbers

• Spot: $269.56
• Lean: neutral
• Nearest expiry: Fri 9/25
• Implied move: 3.1%
• ATM implied volatility: 59.9%
• Max pain: $252.50
• Pin strike: $215.00
• Dealer positioning: LONG GAMMA
• Call wall: $260.00
• Put wall: $215.00
• Put/call open interest: 2.799