IWM Options History — June 2025

In June 2025, IWM traded between $205.49 and $216.05. ATM implied volatility averaged 21.3%, placing in the 13.9% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 3.8% (HV 20d: 17.5%). Max pain ranged from $202.00 to $210.00. Net GEX was positive for 7 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 1.26.

Notable Days

  • 2025-06-13: Highest Volume — 1,636,762 contracts
  • 2025-06-13: Largest IV spike — 15.1% change
  • 2025-06-13: Highest IV Rank — 19.9%
  • 2025-06-13: Largest Expected Move — 6.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$211.44$205.49$216.05$205.49$216.05
Max Pain$207.55$202.00$210.00$205.00$210.00
ATM IV21.3%20.2%23.4%21.2%21.3%
Expected Move6.1%5.8%6.7%6.2%6.1%
HV 20d17.5%15.3%21.4%20.9%15.4%
HV 60d35.8%35.2%36.7%36.6%35.2%
IV Rank13.9%10.7%19.9%13.6%13.8%
IV Percentile38.8%23.0%61.9%39.3%37.7%
Term Structure0.1%-0.3%0.5%0.0%-0.1%
VWIV23.5%21.1%26.6%25.5%22.5%
Skew 25d3.9%2.2%6.2%5.1%2.6%
Skew 10d8.3%5.5%11.9%10.8%6.2%
Call IV 25d20.1%19.2%21.1%19.4%20.7%
Put IV 25d24.0%22.1%27.3%24.4%23.3%
Bid-Ask Spread %2.421.874.352.372.08
Gamma HHI0.040.030.070.040.04
Net GEX-589.6M-2.21B448.6M-2.08B333.3M
Net DEX2.42B-8.62B14.86B14.86B-6.35B
Net VEX-337.2M-357.7M-320.1M-339.9M-320.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.260.582.451.980.83
Total Volume1,031,284.25770,9951,636,7621,063,198785,754
Total OI12,028,638.210,024,79513,228,02811,835,26910,889,786

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-06-02$205.49$205.0021.2%6.2%20.9%13.6%25.5%5.1%0.0%-2.08B14.86B-339.9M1.982.37357,046706,1523,608,1378,227,132
2025-06-03$208.86$205.0021.7%6.3%21.4%14.9%24.4%3.9%-0.1%-1.06B6.17B-345.5M1.172.67657,502769,2523,675,4968,291,675
2025-06-04$208.81$205.0021.2%6.1%20.9%13.6%22.6%3.5%0.0%-918.2M5.14B-347.3M1.032.79390,047402,1013,877,8638,436,002
2025-06-05$208.58$202.0021.8%6.2%20.9%15.2%22.2%3.4%-0.1%-1.11B7.42B-357.7M0.942.19413,096386,3703,942,0078,523,015
2025-06-06$211.62$204.0020.4%5.9%20.2%11.3%22.9%2.2%0.1%282.6M-2.25B-345.2M1.222.02515,032626,6974,035,3988,599,215
2025-06-09$213.51$205.0020.8%6.0%20.1%12.4%23.2%2.7%0.1%129.4M-7.06B-341.5M1.341.91427,806574,7103,952,6738,541,131
2025-06-10$214.28$205.0020.8%6.0%16.2%12.5%22.0%2.6%0.1%267.9M-8.62B-337.3M0.772.24632,301486,7783,998,3598,639,829
2025-06-11$213.67$205.0020.5%5.9%16.1%11.6%22.0%3.8%0.2%-55.7M-5.30B-342.7M0.772.39546,603418,3724,203,5888,772,366
2025-06-12$212.56$207.0020.3%5.9%15.6%11.0%22.8%4.0%0.3%-600.9M-2.65B-332.8M1.382.36340,840471,5994,171,7648,920,275
2025-06-13$208.32$208.0023.4%6.7%17.3%19.9%25.7%6.2%0.1%-2.21B12.09B-352.0M1.314.35707,700929,0624,237,3148,990,714
2025-06-16$210.60$210.0021.1%6.1%17.4%13.4%23.7%4.5%-0.1%-510.7M4.17B-331.8M1.171.99356,037414,9583,980,2739,046,390
2025-06-17$208.69$210.0023.3%6.7%17.6%19.6%26.4%6.0%-0.3%-1.84B12.30B-346.8M2.452.51303,725743,1373,921,9959,118,002
2025-06-18$209.80$210.0021.9%6.3%17.7%15.6%24.2%5.2%-0.1%-1.06B7.37B-339.0M1.662.22357,732592,4613,946,3719,215,534
2025-06-20$209.20$210.0022.8%6.6%15.3%18.3%25.2%6.2%-0.1%-1.03B9.89B-337.5M1.512.28394,623595,8533,947,9859,194,127
2025-06-23$211.22$210.0022.1%6.4%15.5%16.2%26.6%5.2%0.3%-533.5M6.65B-332.2M1.621.87387,504627,1463,158,3846,866,411
2025-06-24$214.66$210.0020.2%5.8%16.2%10.7%23.2%3.5%0.5%135.0M-2.49B-323.1M1.792.08393,236704,1993,220,0766,953,663
2025-06-25$212.39$210.0020.4%5.9%15.3%11.2%22.6%3.5%0.4%-719.1M4.02B-326.9M0.932.26486,874452,1653,251,6207,101,451
2025-06-26$215.16$210.0020.3%5.8%15.4%11.0%21.1%2.5%0.5%340.9M-3.30B-323.5M0.702.46484,095338,5503,294,6957,194,040
2025-06-27$215.31$210.0020.6%5.9%15.4%11.9%21.6%2.3%0.5%448.6M-3.72B-321.4M0.583.27916,025532,5453,377,8857,250,123
2025-06-30$216.05$210.0021.3%6.1%15.4%13.8%22.5%2.6%-0.1%333.3M-6.35B-320.1M0.832.08429,790355,9643,636,0507,253,736