PWB Options History — October 2021

In October 2021, PWB traded between $73.25 and $78.97. ATM implied volatility averaged 25.4%, placing in the 6.2% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 7.3% (HV 20d: 18.0%). Max pain ranged from $78.00 to $78.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 4.00.

Notable Days

  • 2021-10-20: Highest Volume — 5 contracts
  • 2021-10-13: Largest IV drop — 50.4% change
  • 2021-10-12: Highest IV Rank — 18.0%
  • 2021-10-01: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$76.21$73.25$78.97$74.69$78.97
Max Pain$78.00$78.00$78.00$78.00$78.00
ATM IV25.4%18.2%43.8%33.3%20.2%
Expected Move6.2%5.2%9.5%9.5%5.8%
HV 20d18.0%14.7%20.6%16.5%14.7%
HV 60d274.4%14.0%404.7%404.5%14.2%
IV Rank6.2%1.6%18.0%11.3%2.8%
IV Percentile14.2%3.6%32.4%23.2%12.4%
Term Structure-0.2%-8.5%2.8%-8.5%-0.1%
Skew 25d3.5%-5.5%19.5%19.5%6.1%
Skew 10d4.5%-3.5%11.0%3.7%4.7%
Call IV 25d19.2%16.2%25.6%20.7%16.2%
Put IV 25d22.7%13.6%40.2%40.2%22.3%
Bid-Ask Spread %135.37116.53154.43154.43136.23
Gamma HHI0.560.250.820.730.31
Net GEX782-5082.5K1.7K-508
Net DEX-3.4K-13.4K5.6K-13.4K4.3K
Net VEX-52-93-15-33-87
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.004.004.004.004.00
Total Volume2.0950505
Total OI4.9053755

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-10-01$74.69$78.0033.3%9.5%16.5%11.3%0.0%19.5%-8.5%1.7K-13.4K-330.00154.43N/AN/A0050
2021-10-04$73.25$0.0040.0%7.5%17.3%15.5%0.0%5.8%-0.7%1.4K-10.1K-270.00141.51N/AN/A0050
2021-10-05$74.19$0.0028.7%5.2%18.3%8.3%0.0%0.8%1.4%1.6K-9.2K-240.00122.58N/AN/A0050
2021-10-06$74.03$0.0029.9%7.2%18.3%9.1%0.0%6.0%-0.2%1.7K-8.8K-240.00126.50N/AN/A0050
2021-10-07$75.14$0.0029.8%6.5%19.3%9.0%0.0%4.2%1.3%2.2K-11.4K-250.00131.57N/AN/A0050
2021-10-08$74.68$0.0030.1%6.5%19.3%9.2%0.0%4.2%0.8%1.9K-11.2K-240.00132.47N/AN/A0050
2021-10-11$74.17$0.0039.1%6.8%19.2%15.0%0.0%4.6%0.4%1.7K-9.5K-190.00131.53N/AN/A0050
2021-10-12$73.68$0.0043.8%6.7%19.3%18.0%0.0%4.1%0.8%1.5K-7.6K-170.00130.04N/AN/A0050
2021-10-13$73.99$0.0021.7%6.2%19.0%3.8%0.0%3.8%0.1%1.7K-8.8K-170.00137.92N/AN/A0250
2021-10-14$75.41$0.0019.4%5.6%20.5%2.3%0.0%-0.7%1.9%2.5K-10.3K-150.00135.76N/AN/A0050
2021-10-15$76.12$0.0018.3%5.3%20.6%1.7%0.0%2.9%1.3%2.5K-8.2K-480.00138.19N/AN/A0052
2021-10-18$76.82$0.0019.0%5.5%19.1%2.1%0.0%-0.2%0.4%-123-679-450.00142.15N/AN/A0012
2021-10-19$77.38$0.0018.9%5.4%19.1%2.0%0.0%1.8%1.1%-124-1.4K-440.00142.14N/AN/A0212
2021-10-20$77.63$0.0019.2%5.5%18.8%2.2%0.0%-1.7%1.0%-4585.6K-934.00135.53N/AN/A1414
2021-10-21$77.77$0.0018.2%5.2%18.3%1.6%0.0%-5.0%0.5%-4365.5K-924.00140.41N/AN/A1414
2021-10-22$77.88$0.0018.8%5.4%18.3%2.0%0.0%-5.5%0.3%-4655.4K-924.00137.21N/AN/A1414
2021-10-25$78.85$0.0018.8%5.4%18.3%2.0%0.0%3.6%0.2%-4594.3K-894.00136.49N/AN/A1414
2021-10-26$78.85$0.0019.5%5.6%14.9%2.4%0.0%3.7%-1.4%-4674.0K-884.00134.49N/AN/A1414
2021-10-27$78.23$0.0026.9%7.7%15.3%7.2%0.0%10.9%-6.5%-3745.5K-904.00116.53N/AN/A1414
2021-10-28$78.65$0.0018.7%5.4%14.7%1.9%0.0%5.5%2.8%-4754.5K-894.00139.03N/AN/A1414
2021-10-29$78.97$0.0020.2%5.8%14.7%2.8%0.0%6.1%-0.1%-5084.3K-874.00136.23N/AN/A1414