IWM Options History — June 2021

In June 2021, IWM traded between $222.17 and $233.25. ATM implied volatility averaged 19.3%, placing in the 3.2% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded above realized volatility by 1.9% (HV 20d: 17.4%). Max pain ranged from $220.00 to $228.00. Net GEX was positive for 6 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 2.17.

Notable Days

  • 2021-06-18: Highest Volume — 1,176,041 contracts
  • 2021-06-18: Largest IV spike — 15.7% change
  • 2021-06-18: Highest IV Rank — 14.0%
  • 2021-06-18: Largest Expected Move — 6.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$229.29$222.17$233.25$228.21$229.89
Max Pain$226.09$220.00$228.00$220.00$228.00
ATM IV19.3%17.7%22.1%20.4%18.9%
Expected Move5.5%4.8%6.3%5.8%5.0%
HV 20d17.4%13.5%22.2%22.2%16.2%
HV 60d20.2%18.4%22.3%22.3%18.5%
IV Rank3.2%0.0%14.0%1.1%5.1%
IV Percentile1.6%0.0%6.7%0.4%2.8%
Term Structure0.2%-0.3%0.7%0.3%0.3%
VWIV21.4%18.6%24.6%21.9%18.7%
Skew 25d5.4%4.7%6.8%5.5%5.3%
Skew 10d11.4%9.8%13.4%11.2%11.7%
Call IV 25d17.4%15.8%19.8%18.1%16.9%
Put IV 25d22.8%20.7%26.0%23.6%22.1%
Bid-Ask Spread %2.311.473.641.761.47
Gamma HHI0.040.030.070.040.04
Net GEX-456.7M-2.23B580.8M149.5M-794.9M
Net DEX-4.35B-14.75B11.85B-8.78B-1.76B
Net VEX-144.3M-150.4M-134.1M-141.6M-148.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.170.593.421.962.09
Total Volume503,070.682264,3101,176,041481,327264,310
Total OI6,223,751.4095,454,8787,041,0526,065,0975,866,929

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-06-01$228.21$220.0020.4%5.8%22.2%1.1%21.9%5.5%0.3%149.5M-8.78B-141.6M1.961.76162,592318,7351,872,4874,192,610
2021-06-02$227.88$220.0020.9%5.9%21.1%2.7%22.9%6.3%-0.2%9.8M-7.74B-142.4M1.671.65136,068226,9241,898,0684,284,958
2021-06-03$226.75$225.0021.6%6.1%21.2%5.2%24.6%6.8%-0.3%-334.4M-5.75B-144.4M1.942.33143,720278,3371,921,3464,355,291
2021-06-04$227.33$225.0019.2%5.6%21.2%0.0%20.8%5.3%-0.0%-303.3M-7.29B-138.6M1.712.58141,135241,8281,949,4364,420,726
2021-06-07$230.42$225.0019.0%5.5%21.0%0.0%21.3%5.6%0.3%210.1M-11.34B-134.1M1.122.50214,853239,9281,871,7704,349,268
2021-06-08$233.25$225.0018.4%5.4%19.7%0.0%22.8%5.2%0.3%580.8M-14.75B-134.2M2.512.44189,226475,6311,893,2094,464,714
2021-06-09$231.18$225.0019.9%5.8%19.8%4.9%22.7%5.7%0.2%-9.8M-10.06B-144.1M0.592.58329,984196,1701,925,3454,594,012
2021-06-10$229.42$225.0019.1%5.5%16.3%2.2%20.1%5.3%0.3%-506.9M-3.98B-144.8M2.432.44189,615461,5571,791,0834,712,788
2021-06-11$231.32$227.0018.3%5.3%15.3%0.0%21.7%5.0%0.3%-46.3M-6.73B-146.2M2.252.0992,139207,6501,865,2134,852,852
2021-06-14$230.74$227.0018.9%5.4%14.3%1.9%21.6%5.2%0.3%-213.8M-5.01B-143.8M2.562.23110,172282,4661,769,5124,707,218
2021-06-15$230.11$228.0019.5%5.6%14.4%4.3%21.0%5.1%0.2%-537.8M-3.14B-147.2M1.462.51127,856186,0961,788,3184,866,887
2021-06-16$230.08$228.0019.7%5.6%14.4%5.1%21.3%5.1%0.3%-500.7M-3.29B-145.5M1.263.64194,760245,9751,814,4394,874,609
2021-06-17$227.47$228.0019.1%5.5%13.5%2.9%20.1%4.7%0.2%-1.11B586.6M-145.6M2.212.96294,446649,7701,861,2824,894,811
2021-06-18$222.17$228.0022.1%6.3%16.0%14.0%23.3%5.6%-0.0%-2.23B11.85B-149.2M2.682.74319,716856,3251,935,7765,105,276
2021-06-21$226.53$227.0020.4%5.8%17.3%8.4%23.4%5.9%0.2%-1.10B1.59B-150.4M2.462.45143,965353,6491,575,7843,879,094
2021-06-22$228.00$227.0019.3%5.4%17.3%4.1%23.0%5.4%0.4%-933.9M-605.9M-147.2M3.422.34101,446347,3971,602,8933,977,916
2021-06-23$229.04$227.0018.4%5.2%16.9%0.5%20.5%5.4%0.5%-709.0M-2.25B-145.0M3.292.18127,222418,0261,636,3444,074,155
2021-06-24$231.72$227.0017.9%4.9%16.5%0.0%19.9%5.1%0.6%51.3M-6.04B-145.8M3.022.2581,537245,9551,653,4384,279,417
2021-06-25$232.86$227.0017.7%4.8%16.2%0.0%21.2%4.9%0.7%311.4M-7.53B-144.1M3.412.05149,115508,4061,668,5944,293,855
2021-06-28$230.44$227.0018.5%5.0%16.7%3.5%19.5%5.2%0.2%-921.0M-2.33B-146.3M1.951.88140,802275,1491,504,6184,270,092
2021-06-29$229.57$228.0018.6%5.0%16.3%4.0%18.6%5.5%0.3%-1.11B-1.31B-146.6M1.681.83147,946248,9561,527,0394,279,059
2021-06-30$229.89$228.0018.9%5.0%16.2%5.1%18.7%5.3%0.3%-794.9M-1.76B-148.3M2.091.4785,661178,6491,551,9704,314,959