IWM Options History — April 2024

In April 2024, IWM traded between $192.28 and $208.38. ATM implied volatility averaged 21.2%, placing in the 64.8% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 2.0% (HV 20d: 19.2%). Max pain ranged from $200.00 to $204.00. Net GEX was positive for 1 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 2.00.

Notable Days

  • 2024-04-10: Highest Volume — 2,124,973 contracts
  • 2024-04-15: Largest IV spike — 6.7% change
  • 2024-04-15: Highest IV Rank — 87.1%
  • 2024-04-15: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$199.64$192.28$208.38$208.38$196.44
Max Pain$201.50$200.00$204.00$200.00$200.00
ATM IV21.2%19.2%23.2%19.2%20.1%
Expected Move6.1%5.5%6.6%5.5%6.3%
HV 20d19.2%16.6%20.9%16.6%19.3%
HV 60d21.2%20.3%21.9%20.3%21.5%
IV Rank64.8%42.8%87.1%42.8%52.3%
IV Percentile74.7%40.9%95.2%40.9%58.7%
Term Structure-0.3%-0.7%0.2%-0.1%0.0%
VWIV22.4%20.1%24.4%20.1%21.9%
Skew 25d2.7%1.6%3.9%1.6%2.4%
Skew 10d6.1%4.4%8.5%4.4%4.5%
Call IV 25d20.1%18.5%21.5%18.9%18.9%
Put IV 25d22.8%20.5%25.3%20.5%21.2%
Bid-Ask Spread %1.531.271.841.461.43
Gamma HHI0.040.030.090.040.04
Net GEX-1.84B-4.25B128.9M128.9M-2.32B
Net DEX6.55B-18.78B30.41B-18.78B11.57B
Net VEX-306.4M-321.2M-284.0M-284.0M-308.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.000.943.121.812.18
Total Volume1,219,314.773693,3942,124,9731,019,744955,750
Total OI12,083,454.09111,349,30113,258,28911,378,95112,028,332

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$208.38$200.0019.2%5.5%16.6%42.8%20.1%1.6%-0.1%128.9M-18.78B-284.0M1.811.46362,582657,1624,067,7747,311,177
2024-04-02$204.31$201.0020.3%5.9%18.1%55.0%20.7%2.1%-0.2%-803.2M-5.85B-300.0M1.261.67546,347690,2094,043,2707,348,254
2024-04-03$205.94$201.0020.3%5.8%17.8%54.6%20.5%1.8%-0.3%-104.9M-11.26B-294.0M0.941.53426,699402,0024,128,5207,532,354
2024-04-04$203.66$204.0021.6%6.1%18.0%68.8%22.4%2.3%-0.3%-902.0M-4.02B-302.7M1.951.84406,405792,0274,132,9137,589,566
2024-04-05$204.51$204.0021.0%6.0%17.8%62.9%21.7%2.6%-0.3%-807.3M-5.60B-305.0M1.481.27358,602530,2214,203,8417,741,549
2024-04-08$205.74$204.0020.6%5.9%18.0%57.9%21.8%2.4%0.0%-315.8M-10.73B-288.9M1.581.49269,158424,2364,117,5217,725,225
2024-04-09$206.03$204.0020.9%5.9%17.7%60.9%21.4%2.5%-0.1%-295.7M-11.01B-295.3M1.011.42346,944350,3054,121,1897,791,601
2024-04-10$200.26$204.0021.8%6.2%20.4%70.9%22.9%3.2%0.1%-2.20B8.17B-303.0M2.241.62656,5811,468,3924,263,1887,884,906
2024-04-11$202.44$203.0020.4%5.9%20.9%56.0%21.8%3.0%0.2%-1.38B-666.8M-301.0M2.201.49453,050997,9274,335,9257,985,426
2024-04-12$198.57$203.0021.8%6.3%20.3%70.8%23.5%3.9%0.2%-3.24B14.30B-319.1M2.421.64526,4621,274,7044,417,1888,174,559
2024-04-15$195.61$202.0023.2%6.6%20.6%87.1%24.3%3.9%-0.4%-3.21B23.07B-311.7M1.921.45517,463992,1024,326,9068,216,603
2024-04-16$195.39$202.0023.1%6.6%20.6%85.4%24.0%3.7%-0.5%-2.97B21.81B-312.5M2.321.60433,9891,007,7874,418,6088,206,086
2024-04-17$193.63$201.0022.9%6.6%20.7%83.3%24.2%3.5%-0.5%-3.53B27.67B-313.9M2.821.57438,5371,237,0434,519,7198,449,079
2024-04-18$193.07$200.0022.6%6.5%19.0%80.5%22.9%3.3%-0.5%-3.74B28.16B-315.5M2.201.49434,042954,3104,559,5458,452,768
2024-04-19$192.28$200.0022.9%6.6%18.4%83.1%24.1%3.4%-0.4%-4.25B30.41B-321.2M3.121.43408,8751,276,6844,669,8858,588,404
2024-04-22$195.38$200.0021.9%6.4%19.3%72.6%24.4%2.6%-0.5%-1.96B14.62B-311.6M2.391.62342,338817,3023,667,1897,682,112
2024-04-23$198.53$200.0020.7%6.0%20.3%59.4%22.6%2.3%-0.5%-1.46B5.38B-311.9M1.981.69429,934851,7623,744,1737,731,633
2024-04-24$197.56$200.0020.8%6.0%20.3%60.4%21.6%2.6%-0.5%-2.04B8.68B-311.3M1.541.52313,632483,9483,818,0417,977,143
2024-04-25$196.24$200.0021.3%6.3%19.1%65.6%22.9%2.5%-0.7%-2.28B12.64B-312.1M2.681.50353,826947,2643,866,0147,977,885
2024-04-26$198.45$200.0019.9%5.8%19.5%50.4%21.3%2.1%-0.5%-1.63B4.70B-314.5M1.741.41336,707584,6803,981,8528,090,388
2024-04-29$199.66$200.0019.5%5.9%19.7%45.9%21.5%2.2%0.1%-1.24B919.0M-302.6M2.171.47242,303524,6323,883,4828,064,197
2024-04-30$196.44$200.0020.1%6.3%19.3%52.3%21.9%2.4%0.0%-2.32B11.57B-308.1M2.181.43300,875654,8753,923,5188,104,814