IWM Options History — August 2022

In August 2022, IWM traded between $184.08 and $201.06. ATM implied volatility averaged 24.8%, placing in the 38.6% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 2.0% (HV 20d: 22.8%). Max pain ranged from $180.00 to $195.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 2.81.

Notable Days

2022-08-19: Highest Volume — 1,124,536 contracts
2022-08-22: Largest IV spike — 18.5% change
2022-08-30: Highest IV Rank — 61.1%
2022-08-30: Largest Expected Move — 8.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$192.50	$184.08	$201.06	$187.39	$184.08
Max Pain	$190.96	$180.00	$195.00	$180.00	$195.00
ATM IV	24.8%	21.7%	29.2%	25.4%	28.5%
Expected Move	7.1%	6.4%	8.4%	7.1%	8.1%
HV 20d	22.8%	19.7%	26.6%	22.5%	26.1%
HV 60d	29.2%	28.2%	32.4%	32.4%	29.0%
IV Rank	38.6%	22.2%	61.1%	41.4%	57.4%
IV Percentile	43.0%	23.0%	68.7%	48.4%	63.5%
Term Structure	0.0%	-0.8%	1.0%	0.3%	-0.7%
VWIV	27.3%	23.8%	30.3%	27.4%	29.0%
Skew 25d	5.8%	4.2%	7.1%	5.9%	6.6%
Skew 10d	10.8%	8.7%	13.1%	10.5%	11.8%
Call IV 25d	22.2%	19.7%	25.9%	22.7%	25.1%
Put IV 25d	28.0%	24.2%	32.8%	28.6%	31.6%
Bid-Ask Spread %	1.19	0.96	1.47	1.47	0.98
Gamma HHI	0.06	0.03	0.15	0.05	0.06
Net GEX	-1.21B	-2.69B	-246.5M	-797.6M	-2.38B
Net DEX	8.40B	-7.23B	30.47B	7.99B	30.47B
Net VEX	-199.7M	-220.9M	-185.3M	-187.1M	-212.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.81	1.72	4.13	2.33	2.45
Total Volume	751,297.739	360,487	1,124,536	597,661	639,140
Total OI	8,805,589.348	7,772,410	10,193,995	7,772,410	9,168,221

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2022-08-01	$187.39	$180.00	25.4%	7.1%	22.5%	41.4%	27.4%	5.9%	0.3%	-797.6M	7.99B	-187.1M	2.33	1.47	179,593	418,068	2,121,348	5,651,062
2022-08-02	$187.63	$180.00	26.2%	7.4%	22.5%	45.8%	27.3%	6.4%	0.5%	-804.9M	8.11B	-188.8M	2.45	1.39	147,787	362,411	2,145,106	5,712,780
2022-08-03	$189.99	$180.00	24.6%	6.8%	22.5%	37.4%	25.1%	5.8%	-0.8%	-426.7M	4.15B	-185.9M	3.20	1.26	222,802	713,255	2,177,052	5,806,805
2022-08-04	$189.20	$190.00	24.2%	7.1%	22.0%	35.3%	26.0%	5.7%	-0.7%	-690.9M	6.04B	-189.9M	2.30	0.96	109,388	251,099	2,211,330	5,956,997
2022-08-05	$190.78	$190.00	22.8%	6.8%	22.0%	27.9%	27.2%	5.4%	-0.7%	-572.4M	3.40B	-186.9M	2.71	1.11	194,918	529,032	2,242,766	6,033,519
2022-08-08	$193.19	$190.00	23.4%	7.0%	19.7%	31.2%	26.6%	5.3%	0.3%	-503.0M	1.10B	-185.3M	3.39	1.08	229,083	777,360	2,205,119	5,952,617
2022-08-09	$189.50	$190.00	24.5%	7.2%	21.4%	36.9%	28.4%	5.6%	0.3%	-1.13B	8.68B	-193.4M	4.13	1.03	163,497	674,841	2,230,590	6,225,819
2022-08-10	$195.90	$190.00	22.1%	6.5%	23.5%	24.6%	26.7%	4.9%	-0.4%	-471.6M	-2.11B	-187.3M	2.80	1.14	192,301	539,360	2,287,681	6,407,589
2022-08-11	$196.10	$190.00	22.6%	6.7%	22.7%	26.8%	26.7%	5.0%	-0.4%	-545.1M	-1.56B	-190.0M	2.44	1.12	278,752	679,454	2,297,866	6,490,148
2022-08-12	$200.14	$190.00	21.7%	6.5%	22.7%	22.2%	26.1%	4.6%	0.8%	-246.5M	-7.23B	-188.7M	2.86	1.32	244,730	698,861	2,356,684	6,809,994
2022-08-15	$200.97	$190.00	22.7%	6.6%	22.3%	27.4%	26.3%	4.6%	0.2%	-421.4M	-7.06B	-187.5M	1.72	1.38	222,847	384,292	2,362,668	6,848,124
2022-08-16	$201.06	$190.00	21.8%	6.4%	19.7%	23.1%	26.7%	4.2%	0.8%	-506.2M	-6.65B	-189.2M	2.41	1.29	195,582	471,123	2,402,043	6,839,499
2022-08-17	$197.82	$192.00	23.4%	6.7%	20.9%	31.2%	25.5%	5.5%	-0.4%	-1.52B	-268.2M	-197.2M	2.60	1.29	236,560	615,931	2,484,258	7,068,978
2022-08-18	$198.99	$195.00	22.5%	6.4%	20.8%	26.3%	23.8%	5.4%	-0.0%	-975.1M	-2.18B	-197.2M	3.47	1.22	157,503	546,687	2,485,150	7,237,718
2022-08-19	$194.58	$195.00	23.0%	6.7%	21.9%	29.1%	25.6%	5.3%	1.0%	-2.69B	9.53B	-211.5M	4.06	1.19	222,359	902,177	2,526,987	7,667,008
2022-08-22	$190.14	$195.00	27.3%	7.8%	23.9%	51.1%	29.6%	6.6%	0.4%	-2.53B	20.57B	-215.5M	3.97	1.06	212,370	844,112	2,212,099	6,306,629
2022-08-23	$191.17	$195.00	27.0%	7.6%	23.8%	49.7%	28.2%	6.7%	0.4%	-1.78B	18.11B	-215.6M	2.58	1.19	214,315	553,461	2,258,937	6,468,481
2022-08-24	$192.72	$195.00	26.3%	7.2%	22.5%	45.9%	28.7%	6.4%	-0.4%	-1.34B	14.48B	-214.9M	1.79	1.14	170,013	304,458	2,363,771	6,506,373
2022-08-25	$195.22	$195.00	25.3%	7.0%	22.7%	40.7%	26.6%	6.0%	-0.2%	-1.18B	9.58B	-212.7M	2.33	1.12	131,972	307,237	2,376,007	6,528,336
2022-08-26	$188.69	$195.00	28.3%	8.0%	25.9%	56.3%	29.8%	7.0%	0.2%	-1.96B	23.93B	-220.9M	3.38	1.16	202,226	683,297	2,407,035	6,676,477
2022-08-29	$187.65	$195.00	28.6%	8.1%	26.0%	58.1%	29.4%	7.1%	0.1%	-2.01B	24.49B	-218.2M	3.07	1.12	148,607	455,591	2,316,815	6,670,021
2022-08-30	$184.67	$195.00	29.2%	8.4%	26.6%	61.1%	30.3%	6.8%	0.0%	-2.25B	29.63B	-216.6M	2.21	1.39	264,842	586,554	2,325,221	6,698,827
2022-08-31	$184.08	$195.00	28.5%	8.1%	26.1%	57.4%	29.0%	6.6%	-0.7%	-2.38B	30.47B	-212.9M	2.45	0.98	185,240	453,900	2,400,484	6,767,737