PWB Options History — August 2021

In August 2021, PWB traded between $75.67 and $78.88. ATM implied volatility averaged 21.2%, placing in the 1.4% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded below realized volatility by 522.1% (HV 20d: 543.2%). Max pain ranged from $75.00 to $75.00. Net GEX was positive for 9 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2021-08-05: Highest Volume — 1 contracts
  • 2021-08-24: Largest IV spike — 67.6% change
  • 2021-08-24: Highest IV Rank — 7.9%
  • 2021-08-24: Largest Expected Move — 8.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$77.04$75.67$78.88$76.05$78.56
Max Pain$75.00$75.00$75.00$75.00$75.00
ATM IV21.2%17.1%32.3%23.0%20.2%
Expected Move5.8%4.9%8.6%6.6%5.8%
HV 20d543.2%9.1%701.9%701.9%9.9%
HV 60d408.8%407.1%411.2%411.2%407.1%
IV Rank1.4%0.0%7.9%1.2%2.0%
IV Percentile2.9%0.0%16.4%2.0%4.4%
Term Structure0.4%-8.0%4.5%-1.9%-3.5%
Skew 25d3.5%0.7%5.1%3.9%3.8%
Skew 10d5.1%0.1%16.6%0.1%10.9%
Call IV 25d20.1%14.3%33.7%23.9%23.4%
Put IV 25d23.6%15.4%38.8%27.8%27.2%
Bid-Ask Spread %156.94141.90177.73158.84156.23
Gamma HHI1.001.001.001.001.00
Net GEX15001.1K0191
Net DEX-3.8K-7.6K00-6.2K
Net VEX-7-1400-12
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.1360100
Total OI1.3180201

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$76.05$0.0023.0%6.6%701.9%1.2%0.0%3.9%-1.9%0000.00158.84N/AN/A0000
2021-08-03$76.51$0.0022.1%6.3%701.8%0.5%0.0%4.1%-4.0%0000.00164.24N/AN/A0000
2021-08-04$76.76$75.0021.6%6.2%699.1%0.2%0.0%4.1%-2.6%450-5.0K-60.00162.59N/AN/A0010
2021-08-05$77.09$0.0022.1%5.5%699.6%0.5%0.0%2.8%2.4%550-5.6K-50.00151.21N/AN/A0110
2021-08-06$77.02$0.0021.0%5.4%700.0%0.0%0.0%3.1%3.1%1.1K-5.8K-40.00150.44N/AN/A0010
2021-08-09$77.22$0.0032.3%6.5%699.3%7.5%0.0%4.5%-3.4%0-2.8K-100.00171.48N/AN/A0011
2021-08-10$76.88$0.0025.3%5.3%699.9%2.9%0.0%4.0%4.1%0-3.0K-90.00155.37N/AN/A0011
2021-08-11$76.95$0.0018.7%5.4%700.3%0.0%0.0%4.1%3.8%0-3.2K-80.00157.32N/AN/A0011
2021-08-12$76.92$0.0018.7%5.4%700.2%0.0%0.0%4.1%4.0%0-3.2K-80.00156.26N/AN/A1011
2021-08-13$76.90$0.0018.4%5.3%700.4%0.0%0.0%3.7%3.6%0-3.2K-70.00159.70N/AN/A0011
2021-08-16$76.93$0.0019.0%5.5%699.9%0.4%0.0%3.7%4.5%0-3.4K-50.00151.27N/AN/A0011
2021-08-17$75.91$0.0019.6%5.6%700.2%0.8%0.0%3.1%2.8%0-1.8K-50.00149.32N/AN/A0011
2021-08-18$75.79$0.0020.5%5.9%700.1%1.3%0.0%2.5%1.9%0-1.6K-40.00154.21N/AN/A0011
2021-08-19$75.67$0.0020.8%6.0%700.7%1.6%0.0%4.3%1.3%0-1.4K-30.00150.33N/AN/A0011
2021-08-20$76.25$0.0019.9%5.7%700.4%1.0%0.0%4.8%1.0%0-7.6K00.00157.26N/AN/A1011
2021-08-23$77.30$0.0018.0%5.2%699.9%0.0%0.0%3.0%-0.4%0000.00141.90N/AN/A0000
2021-08-24$77.60$0.0030.1%8.6%699.7%7.9%0.0%5.1%-8.0%246-5.9K-130.00177.73N/AN/A0010
2021-08-25$77.97$0.0019.9%5.7%9.1%1.2%0.0%4.2%-1.0%182-5.7K-140.00164.07N/AN/A0010
2021-08-26$77.42$0.0017.1%4.9%9.4%0.0%0.0%0.9%3.2%185-5.6K-140.00143.21N/AN/A0010
2021-08-27$78.33$0.0019.2%5.5%9.7%1.3%0.0%0.7%-2.1%194-6.1K-130.00163.05N/AN/A0010
2021-08-30$78.88$0.0018.7%5.4%9.8%1.0%0.0%2.3%0.0%179-6.2K-120.00156.65N/AN/A0010
2021-08-31$78.56$0.0020.2%5.8%9.9%2.0%0.0%3.8%-3.5%191-6.2K-120.00156.23N/AN/A0010