IWM Options History — April 2022

In April 2022, IWM traded between $185.39 and $207.71. ATM implied volatility averaged 26.7%, placing in the 48.3% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 2.0% (HV 20d: 24.6%). Max pain ranged from $200.00 to $210.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 2.23.

Notable Days

  • 2022-04-22: Highest Volume — 1,071,255 contracts
  • 2022-04-11: Largest IV spike — 13.5% change
  • 2022-04-29: Highest IV Rank — 85.0%
  • 2022-04-29: Largest Expected Move — 10.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$197.42$185.39$207.71$206.69$185.39
Max Pain$205.50$200.00$210.00$210.00$200.00
ATM IV26.7%21.4%33.8%22.3%33.8%
Expected Move7.8%6.4%10.1%6.8%10.1%
HV 20d24.6%21.9%27.2%26.6%25.6%
HV 60d26.4%25.9%27.2%26.1%26.8%
IV Rank48.3%20.8%85.0%25.4%85.0%
IV Percentile71.8%31.0%97.6%40.5%97.6%
Term Structure-0.2%-1.5%1.0%1.0%-1.3%
VWIV29.0%24.1%36.5%25.6%36.5%
Skew 25d7.4%6.1%9.1%6.2%8.9%
Skew 10d14.5%11.6%18.3%11.7%17.4%
Call IV 25d23.1%18.9%29.6%19.6%29.6%
Put IV 25d30.5%25.0%38.6%25.7%38.6%
Bid-Ask Spread %1.491.201.871.791.28
Gamma HHI0.060.050.080.050.07
Net GEX-1.46B-1.93B-725.9M-899.2M-1.70B
Net DEX21.82B9.52B35.31B10.85B35.31B
Net VEX-186.2M-188.7M-183.2M-184.8M-185.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.231.423.482.003.14
Total Volume746,124.65450,7881,071,255690,5891,002,312
Total OI6,680,933.956,146,9527,257,5756,424,2407,257,575

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-04-01$206.69$210.0022.3%6.8%26.6%25.4%25.6%6.2%1.0%-899.2M10.85B-184.8M2.001.79229,928460,6611,819,8824,604,358
2022-04-04$207.71$209.0021.4%6.4%25.6%20.8%24.1%6.1%0.6%-725.9M9.52B-183.2M1.421.87187,262265,6351,825,4614,600,478
2022-04-05$203.01$209.0023.6%6.9%27.2%32.3%26.4%6.7%0.8%-1.41B16.66B-186.1M2.281.66231,046526,7761,809,0994,643,240
2022-04-06$200.32$208.0025.1%7.2%26.0%39.9%26.9%7.2%-0.6%-1.93B21.20B-186.5M2.491.66296,001735,8981,863,4334,760,134
2022-04-07$200.22$207.0024.0%7.0%25.9%34.3%25.7%6.8%-0.5%-1.61B20.43B-187.3M1.421.48302,389428,3571,900,3724,804,558
2022-04-08$198.71$207.0023.5%6.9%25.7%32.0%26.2%6.3%0.4%-1.60B22.28B-187.4M1.561.68213,556333,2452,008,5234,854,191
2022-04-11$196.77$205.0026.7%7.6%24.4%48.4%29.8%7.4%-0.1%-1.78B24.07B-185.1M2.631.72214,506563,2991,924,6194,812,406
2022-04-12$196.95$205.0026.9%7.6%23.8%49.3%28.9%7.0%-0.1%-1.72B23.64B-186.8M2.241.58266,914597,4041,914,8904,935,745
2022-04-13$201.37$205.0024.3%7.0%23.2%36.0%25.3%6.9%-0.9%-1.12B16.52B-188.7M2.561.36186,428477,4881,990,8105,011,368
2022-04-14$199.33$205.0024.8%7.2%22.1%38.3%26.8%7.0%-1.0%-1.73B20.23B-187.4M1.931.60251,899485,7842,005,6795,117,293
2022-04-18$197.04$205.0026.2%7.6%21.9%45.8%27.2%7.1%0.3%-1.53B20.86B-183.4M1.761.37184,789325,6261,698,1294,448,823
2022-04-19$201.57$205.0024.3%7.0%23.2%35.7%27.8%6.9%0.2%-1.12B15.02B-187.0M1.851.43221,465409,4881,723,5614,540,412
2022-04-20$203.03$205.0023.9%6.8%22.6%33.7%26.6%7.1%-0.5%-973.3M13.07B-187.9M1.881.21156,748294,0401,796,2004,640,549
2022-04-21$197.39$205.0026.5%7.6%24.2%47.1%27.3%7.2%-0.6%-1.56B21.23B-186.5M2.391.31187,603448,5531,801,8834,628,523
2022-04-22$193.14$205.0029.5%8.6%25.1%62.6%31.3%8.2%0.3%-1.77B28.04B-186.6M2.601.20297,661773,5941,850,9444,767,927
2022-04-25$193.77$205.0030.0%8.8%25.2%65.7%33.9%8.2%0.2%-1.41B24.97B-187.7M2.781.35250,838697,0991,888,3294,713,521
2022-04-26$188.09$205.0033.4%9.8%26.9%82.9%35.8%9.1%0.1%-1.55B32.02B-183.7M3.481.21225,634785,4001,931,4294,806,250
2022-04-27$187.32$203.0033.2%9.7%23.4%82.1%34.0%9.0%-1.5%-1.61B32.54B-185.0M1.691.85236,528399,5422,003,5244,909,559
2022-04-28$190.63$202.0030.6%9.0%24.2%68.4%33.6%9.0%-0.7%-1.51B28.03B-188.2M2.421.29225,316545,7812,031,4724,973,530
2022-04-29$185.39$200.0033.8%10.1%25.6%85.0%36.5%8.9%-1.3%-1.70B35.31B-185.0M3.141.28242,070760,2422,124,1225,133,453