IWM Options History — August 2024

In August 2024, IWM traded between $201.55 and $220.65. ATM implied volatility averaged 24.4%, placing in the 45.0% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded below realized volatility by 6.8% (HV 20d: 31.1%). Max pain ranged from $210.00 to $212.00. Net GEX was positive for 4 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 1.24.

Notable Days

  • 2024-08-01: Highest Volume — 3,172,543 contracts
  • 2024-08-05: Largest IV spike — 28.3% change
  • 2024-08-01: Highest IV Rank — 100.0%
  • 2024-08-05: Largest Expected Move — 10.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$211.94$201.55$220.65$216.24$219.50
Max Pain$210.82$210.00$212.00$211.00$211.00
ATM IV24.4%20.3%37.2%26.8%20.7%
Expected Move7.0%5.8%10.2%8.4%6.1%
HV 20d31.1%24.4%35.5%29.2%24.4%
HV 60d23.2%19.9%24.2%19.9%23.9%
IV Rank45.0%22.4%100.0%100.0%24.1%
IV Percentile84.8%59.5%100.0%100.0%61.9%
Term Structure-0.3%-1.0%0.4%-0.9%0.4%
VWIV25.6%21.0%37.4%29.6%22.1%
Skew 25d3.5%1.5%9.7%2.2%2.2%
Skew 10d7.2%3.0%18.0%4.0%6.3%
Call IV 25d22.8%19.5%32.6%25.9%19.7%
Put IV 25d26.3%21.4%42.2%28.0%21.9%
Bid-Ask Spread %1.881.493.811.491.73
Gamma HHI0.030.030.070.030.04
Net GEX-1.14B-2.68B1.15B-1.17B196.4M
Net DEX3.22B-23.43B40.32B-6.15B-16.75B
Net VEX-348.3M-403.8M-321.7M-360.6M-327.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.240.762.151.460.91
Total Volume1,359,019.909743,7173,172,5433,172,543913,139
Total OI14,098,078.512,694,16915,172,40314,434,99213,824,793

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-08-01$216.24$211.0026.8%8.4%29.2%100.0%29.6%2.2%-0.9%-1.17B-6.15B-360.6M1.461.491,288,8271,883,7165,190,3499,244,643
2024-08-02$209.13$211.0029.0%9.1%31.9%100.0%32.4%4.4%-1.0%-2.51B19.39B-383.6M1.723.81900,1121,548,7565,347,8629,375,871
2024-08-05$201.55$212.0037.2%10.2%34.7%100.0%37.4%9.7%-0.8%-2.30B40.32B-403.8M2.102.58573,3261,201,9745,191,7709,316,595
2024-08-06$205.28$212.0029.7%8.3%35.2%65.4%30.1%6.1%-0.4%-2.25B27.31B-383.8M1.131.70575,371651,8715,252,0359,387,516
2024-08-07$202.51$212.0030.1%8.4%35.5%67.6%30.6%6.2%-0.5%-2.67B35.32B-384.3M2.152.16532,2401,146,5525,262,2139,421,139
2024-08-08$206.49$212.0027.3%7.7%33.2%54.7%28.9%4.7%-0.2%-2.18B19.57B-376.6M1.331.66466,489618,6595,305,9999,453,238
2024-08-09$206.16$211.0025.3%7.3%32.8%45.1%26.1%4.1%-0.1%-2.37B20.98B-367.9M1.341.63318,429425,2885,344,0989,485,985
2024-08-12$204.36$211.0025.7%7.3%32.1%47.4%26.5%4.5%-0.2%-2.68B27.03B-355.0M1.521.77353,998537,6405,204,8609,359,002
2024-08-13$207.68$211.0024.5%7.0%30.3%41.8%25.2%4.3%-0.2%-2.04B14.61B-349.2M0.771.50579,532447,4325,254,7199,441,977
2024-08-14$206.72$210.0022.4%6.5%30.2%32.2%23.9%3.4%0.1%-2.35B18.14B-344.6M1.101.68633,381698,0645,440,3899,509,471
2024-08-15$211.84$210.0021.4%6.2%31.2%27.4%22.7%1.5%0.1%-1.33B-5.36B-333.4M1.061.76940,101994,8555,408,3209,586,105
2024-08-16$212.43$210.0020.4%5.9%31.2%22.9%21.0%1.9%0.4%-1.38B-7.96B-330.6M1.001.65539,676538,1125,506,4239,665,980
2024-08-19$214.61$210.0020.3%5.8%30.7%22.4%21.8%1.7%0.0%-188.5M-8.53B-326.8M1.281.81434,143554,2024,515,2078,178,962
2024-08-20$212.99$210.0021.1%6.0%30.4%26.1%22.6%2.1%-0.1%-827.8M-2.89B-329.2M1.361.68445,942607,3604,583,4108,280,180
2024-08-21$215.31$210.0022.0%6.3%30.0%30.1%22.9%2.5%-0.3%-60.6M-9.78B-330.2M0.901.59572,470513,1414,634,3968,364,600
2024-08-22$213.56$210.0022.7%6.5%29.7%33.5%23.7%2.9%-0.3%-815.7M-3.67B-343.1M1.081.94503,819546,1294,728,3188,467,711
2024-08-23$219.97$210.0021.7%6.2%31.4%29.0%23.6%1.9%-0.1%1.15B-22.47B-322.1M1.031.751,096,7091,125,0824,764,5328,548,025
2024-08-26$220.65$211.0022.0%6.4%31.2%30.3%22.9%2.2%-0.6%878.5M-23.43B-321.7M0.991.69612,340605,0494,755,9968,645,747
2024-08-27$219.01$211.0021.8%6.3%31.3%29.5%22.9%2.4%-0.7%-74.6M-16.05B-333.2M1.181.85458,221538,7574,797,4128,804,312
2024-08-28$217.70$211.0022.3%6.5%31.0%31.4%23.5%2.8%-0.7%-347.3M-12.51B-331.1M1.112.24412,246458,2434,794,7948,841,638
2024-08-29$219.00$211.0021.6%6.3%27.5%28.4%22.7%2.6%-0.7%129.6M-16.19B-325.4M0.761.73628,316478,7294,823,3178,847,818
2024-08-30$219.50$211.0020.7%6.1%24.4%24.1%22.1%2.2%0.4%196.4M-16.75B-327.1M0.911.73478,137435,0024,860,3188,964,475