IWM Options History — October 2024

In October 2024, IWM traded between $215.50 and $226.94. ATM implied volatility averaged 24.6%, placing in the 39.8% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 8.2% (HV 20d: 16.4%). Max pain ranged from $215.00 to $218.00. Net GEX was positive for 7 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 1.32.

Notable Days

  • 2024-10-16: Highest Volume — 1,637,512 contracts
  • 2024-10-07: Largest IV spike — 14.9% change
  • 2024-10-31: Highest IV Rank — 50.1%
  • 2024-10-31: Largest Expected Move — 9.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$220.51$215.50$226.94$217.64$218.81
Max Pain$215.91$215.00$218.00$215.00$217.00
ATM IV24.6%22.1%26.8%22.3%26.8%
Expected Move7.4%6.5%9.2%6.5%9.2%
HV 20d16.4%15.7%17.2%16.2%17.1%
HV 60d22.6%18.2%25.4%25.3%18.2%
IV Rank39.8%27.6%50.1%28.4%50.1%
IV Percentile91.9%76.2%97.6%77.8%97.6%
Term Structure-0.0%-1.5%3.8%3.2%-0.6%
VWIV27.5%22.7%33.1%25.0%33.1%
Skew 25d3.6%2.6%4.9%4.2%3.3%
Skew 10d7.6%5.1%9.5%9.1%7.8%
Call IV 25d23.1%19.4%25.5%20.4%25.5%
Put IV 25d26.7%22.8%28.8%24.6%28.8%
Bid-Ask Spread %1.651.272.182.181.78
Gamma HHI0.040.030.110.030.03
Net GEX-279.8M-1.47B2.10B-1.01B-1.30B
Net DEX-8.32B-29.00B4.42B-1.03B391.2M
Net VEX-298.4M-324.1M-282.3M-324.1M-290.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.320.801.801.801.71
Total Volume1,065,713.739723,1111,637,5121,432,7711,220,285
Total OI11,640,511.69610,471,80212,788,52211,563,04311,082,169

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-10-01$217.64$215.0022.3%6.5%16.2%28.4%25.0%4.2%3.2%-1.01B-1.03B-324.1M1.802.18511,623921,1483,901,7287,661,315
2024-10-02$217.68$215.0022.1%6.5%16.2%27.6%22.7%3.9%3.3%-921.4M-2.01B-316.6M0.991.98384,663379,1543,998,0677,790,485
2024-10-03$215.50$215.0023.8%7.5%16.4%36.0%27.7%4.3%3.2%-1.47B4.42B-320.7M1.561.53466,122725,4964,022,3887,820,845
2024-10-04$219.11$215.0022.1%6.9%16.0%27.7%26.1%3.4%3.8%-283.2M-6.82B-308.9M1.231.50434,418536,1014,103,9087,968,900
2024-10-07$216.95$216.0025.4%7.4%16.6%43.5%27.7%4.9%-0.5%-1.31B388.3M-310.5M1.371.70384,856528,7063,984,8637,909,134
2024-10-08$217.81$216.0024.6%7.0%16.6%39.9%26.6%4.7%-0.6%-762.2M-2.28B-309.0M1.261.46328,686414,6744,041,1817,928,601
2024-10-09$217.88$215.0025.2%7.1%16.6%42.5%26.0%4.3%-0.6%-907.1M-3.15B-310.4M1.061.74444,922472,9574,099,2087,980,082
2024-10-10$216.37$215.0024.9%7.0%16.3%41.1%26.7%4.4%-0.5%-1.41B-191.9M-296.2M1.611.83528,749850,1184,168,5128,034,084
2024-10-11$221.30$215.0024.3%6.9%16.2%38.4%27.1%3.7%-0.4%654.9M-15.16B-307.4M1.601.70508,802814,4224,196,8798,151,552
2024-10-14$222.91$215.0024.5%7.0%16.3%39.1%26.7%3.4%-0.7%1.32B-19.63B-291.6M1.431.34416,419594,8174,104,9968,150,598
2024-10-15$223.44$215.0025.1%7.2%16.2%41.8%27.3%3.5%-0.8%1.19B-20.48B-288.4M1.031.88659,827678,7634,119,5988,212,829
2024-10-16$226.94$215.0025.1%7.2%17.0%42.0%27.6%3.0%-0.7%1.98B-29.00B-286.2M1.061.27794,124843,3884,130,2398,327,909
2024-10-17$226.06$215.0024.3%7.0%15.9%38.4%26.2%2.6%-0.7%1.57B-26.60B-287.4M0.801.62556,555446,5554,228,4808,470,901
2024-10-18$225.80$215.0024.1%7.0%15.7%37.2%25.8%2.7%-0.7%2.10B-26.11B-287.1M1.211.83403,330488,6494,287,6678,500,855
2024-10-21$221.94$217.0025.3%7.5%16.8%42.7%27.7%3.7%-1.3%-698.9M-7.37B-287.7M1.381.45483,989667,1733,456,2287,015,574
2024-10-22$221.34$218.0024.9%7.4%16.8%41.3%27.3%3.2%-1.3%-972.1M-5.58B-294.0M1.431.61328,009469,6953,510,5867,118,038
2024-10-23$219.25$217.0025.5%7.7%16.2%43.8%28.2%3.7%-1.3%-1.47B-41.4M-299.9M1.491.50441,099658,1773,509,7687,189,120
2024-10-24$219.81$217.0025.0%7.6%16.1%41.4%27.2%3.6%-1.3%-941.6M-3.26B-290.8M1.061.40351,194371,9173,576,5887,232,858
2024-10-25$218.99$217.0025.5%7.9%16.0%43.8%28.9%3.9%-1.5%-1.17B-351.5M-296.2M1.331.57463,928617,8843,636,9357,262,213
2024-10-28$222.81$217.0025.1%8.2%17.2%42.2%30.9%3.3%-0.4%117.1M-11.36B-282.3M1.731.66406,163703,5783,590,6037,198,539
2024-10-29$221.45$217.0025.2%8.4%16.7%42.5%29.9%2.9%-0.4%-526.2M-6.91B-291.9M1.251.67374,038465,7253,659,1777,322,080
2024-10-30$221.95$217.0025.3%8.5%16.7%42.8%30.3%2.7%-0.5%-198.7M-9.21B-284.2M0.951.63496,866473,6523,690,0377,385,452
2024-10-31$218.81$217.0026.8%9.2%17.1%50.1%33.1%3.3%-0.6%-1.30B391.2M-290.9M1.711.78450,065770,2203,674,0277,408,142