IWM Options History — July 2024

In July 2024, IWM traded between $200.88 and $225.17. ATM implied volatility averaged 20.8%, placing in the 59.3% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 1.9% (HV 20d: 18.9%). Max pain ranged from $201.00 to $211.00. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.94.

Notable Days

  • 2024-07-16: Highest Volume — 4,000,956 contracts
  • 2024-07-16: Largest IV spike — 13.3% change
  • 2024-07-24: Highest IV Rank — 100.0%
  • 2024-07-30: Largest Expected Move — 7.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$214.24$200.88$225.17$201.28$225.17
Max Pain$205.91$201.00$211.00$201.00$211.00
ATM IV20.8%16.5%25.1%17.1%24.2%
Expected Move6.1%4.6%7.8%4.9%7.4%
HV 20d18.9%12.0%24.3%13.9%24.2%
HV 60d16.7%14.1%18.3%15.8%18.1%
IV Rank59.3%12.2%100.0%19.3%90.6%
IV Percentile60.8%3.2%100.0%7.5%97.6%
Term Structure-0.3%-0.8%0.3%-0.2%-0.8%
VWIV21.7%16.4%27.1%17.2%26.2%
Skew 25d0.6%-0.3%1.7%1.6%-0.2%
Skew 10d1.9%0.1%3.8%3.8%0.3%
Call IV 25d20.8%16.0%25.2%16.6%24.6%
Put IV 25d21.4%17.2%25.7%18.2%24.4%
Bid-Ask Spread %1.561.182.131.392.08
Gamma HHI0.040.030.060.030.04
Net GEX508.3M-1.62B2.45B-1.15B1.20B
Net DEX-23.22B-54.45B4.98B4.14B-38.84B
Net VEX-298.1M-334.1M-258.6M-285.5M-324.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.940.391.431.120.81
Total Volume1,905,016.091581,8224,000,956857,8492,088,040
Total OI12,659,035.09110,688,38314,641,58210,688,38314,337,541

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-07-01$201.28$201.0017.1%4.9%13.9%19.3%17.2%1.6%-0.2%-1.15B4.14B-285.5M1.121.39403,955453,8943,643,0917,045,292
2024-07-02$201.78$202.0016.5%4.6%14.0%12.9%16.6%1.7%-0.1%-685.4M1.53B-275.9M1.141.33364,818416,3853,710,2387,070,984
2024-07-03$201.74$201.0016.7%4.7%13.3%14.5%16.4%1.5%-0.1%-659.1M1.99B-277.3M0.991.32291,739290,0833,754,6837,180,638
2024-07-05$200.88$202.0016.5%4.8%12.3%12.2%17.7%1.1%-0.1%-1.62B4.98B-277.2M1.071.79446,613477,4233,783,0557,218,434
2024-07-08$202.25$201.0016.6%4.8%12.4%13.4%17.4%1.0%0.3%-520.9M-23.8M-276.3M1.051.54534,131558,7363,763,9837,244,517
2024-07-09$201.25$201.0017.1%5.0%12.0%19.0%17.9%1.2%0.3%-1.46B4.81B-281.9M0.681.53498,644337,2093,890,2537,450,680
2024-07-10$202.97$201.0017.3%5.0%12.3%21.6%17.9%1.0%0.2%105.7M-2.56B-271.7M0.391.54794,930310,0963,982,7367,401,901
2024-07-11$211.12$202.0018.8%5.4%18.3%39.0%20.0%0.1%0.1%1.97B-29.77B-270.6M0.741.731,972,2191,463,9534,223,4027,535,075
2024-07-12$213.62$204.0018.8%5.4%18.1%38.4%19.4%-0.3%0.3%2.45B-36.77B-267.8M0.661.611,323,486875,0254,476,2647,961,347
2024-07-15$217.25$204.0020.0%5.7%18.4%52.5%21.0%-0.2%-0.3%2.01B-39.60B-267.5M0.891.621,433,6381,273,3064,289,7277,971,651
2024-07-16$224.32$205.0022.7%6.5%19.2%82.8%23.1%-0.3%-0.5%1.84B-54.45B-258.6M0.722.132,325,7061,675,2504,452,3518,247,464
2024-07-17$222.49$208.0022.5%6.5%19.8%81.0%23.2%0.0%-0.5%1.60B-47.15B-300.2M1.051.691,438,5631,507,1644,958,0428,820,780
2024-07-18$218.19$209.0022.6%6.5%21.7%81.8%23.5%1.0%-0.6%892.2M-33.36B-313.8M1.341.651,153,9071,544,9925,152,0109,210,139
2024-07-19$216.63$209.0022.6%6.5%21.8%81.4%23.1%1.2%-0.4%-86.7M-26.17B-323.4M1.131.27728,853826,1115,202,2969,439,286
2024-07-22$220.43$209.0021.8%6.4%22.3%73.1%22.9%0.3%-0.3%723.0M-29.06B-322.5M0.711.571,043,328737,3944,611,1618,132,723
2024-07-23$222.94$209.0022.8%6.7%22.3%83.7%23.9%0.3%-0.4%1.00B-36.81B-313.3M0.671.461,289,720861,7044,763,4368,212,333
2024-07-24$218.63$210.0024.2%7.2%23.7%100.0%25.6%1.0%-0.5%102.3M-22.54B-334.1M1.161.521,128,7251,307,7634,881,9398,362,625
2024-07-25$221.28$210.0025.1%7.4%23.6%100.0%26.3%0.6%-0.6%700.1M-30.30B-332.3M1.001.591,096,9811,098,3015,046,3338,696,407
2024-07-26$224.22$210.0024.2%7.2%23.8%91.2%25.3%0.4%-0.5%1.79B-39.38B-325.6M0.931.531,117,4821,041,0235,168,3588,936,067
2024-07-29$222.05$210.0024.6%7.5%24.3%95.7%26.4%0.4%-0.8%452.3M-29.91B-329.1M0.951.19913,555869,4295,051,9618,969,788
2024-07-30$222.70$211.0025.1%7.8%24.1%100.0%27.1%0.5%-0.8%537.5M-31.64B-328.7M1.431.18656,755939,3255,119,6649,128,117
2024-07-31$225.17$211.0024.2%7.4%24.2%90.6%26.2%-0.2%-0.8%1.20B-38.84B-324.6M0.812.081,154,225933,8155,141,9139,195,628