PWB Options History — August 2022

In August 2022, PWB traded between $62.39 and $68.49. ATM implied volatility averaged 30.5%, placing in the 26.9% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 7.7% (HV 20d: 22.8%). Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 6 of 23 days.

Notable Days

  • 2022-08-10: Largest IV drop — 35.9% change
  • 2022-08-09: Highest IV Rank — 43.3%
  • 2022-08-31: Largest Expected Move — 10.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$66.01$62.39$68.49$65.48$62.39
ATM IV30.5%24.8%39.5%30.6%35.5%
Expected Move8.3%7.1%10.2%8.8%10.2%
HV 20d22.8%19.8%24.1%23.8%22.6%
HV 60d30.2%28.0%34.8%34.8%28.7%
IV Rank26.9%16.4%43.3%27.1%36.1%
IV Percentile55.5%29.4%91.3%57.9%78.2%
Term Structure-2.2%-6.3%1.7%-5.0%-5.5%
Skew 25d3.1%2.1%4.2%2.2%2.9%
Skew 10d3.5%2.7%5.4%3.6%3.2%
Call IV 25d29.4%24.3%37.8%32.7%37.8%
Put IV 25d32.5%27.5%40.7%34.9%40.7%
Bid-Ask Spread %131.64126.72140.79136.81130.58
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-08-01$65.48$0.0030.6%8.8%23.8%27.1%0.0%2.2%-5.0%0000.00136.81N/AN/A0000
2022-08-02$65.56$0.0033.1%9.5%23.8%31.6%0.0%3.4%-5.7%0000.00136.86N/AN/A0000
2022-08-03$66.56$0.0031.3%9.0%24.0%28.4%0.0%3.9%-5.6%0000.00140.79N/AN/A0000
2022-08-04$66.25$0.0033.6%7.4%23.8%32.6%0.0%3.5%0.9%0000.00130.73N/AN/A0000
2022-08-05$66.17$0.0033.9%7.9%23.9%33.0%0.0%4.0%-1.1%0000.00130.24N/AN/A0000
2022-08-08$66.02$0.0037.2%7.8%22.9%39.1%0.0%4.2%-1.1%0000.00129.57N/AN/A0000
2022-08-09$65.21$0.0039.5%7.7%22.3%43.3%0.0%3.2%0.6%0000.00130.69N/AN/A0000
2022-08-10$66.84$0.0025.3%7.3%23.3%17.4%0.0%3.0%1.6%0000.00131.21N/AN/A0000
2022-08-11$66.44$0.0027.2%7.8%23.7%20.8%0.0%2.1%-0.9%0000.00129.59N/AN/A0000
2022-08-12$67.80$0.0025.3%7.3%23.8%17.5%0.0%2.6%0.8%0000.00130.59N/AN/A0000
2022-08-15$68.49$0.0024.8%7.1%23.3%16.4%0.0%3.1%1.7%0000.00130.78N/AN/A0000
2022-08-16$68.31$0.0026.2%7.5%21.4%19.0%0.0%2.6%-0.4%0000.00131.92N/AN/A0000
2022-08-17$67.81$0.0026.4%7.6%21.5%19.4%0.0%3.4%-0.1%0000.00133.55N/AN/A0000
2022-08-18$68.15$0.0026.5%7.6%21.3%19.5%0.0%2.6%-3.7%0000.00132.55N/AN/A0000
2022-08-19$66.94$0.0025.1%7.2%22.1%17.0%0.0%3.1%0.3%0000.00126.72N/AN/A0000
2022-08-22$65.32$0.0030.1%8.6%24.1%26.2%0.0%2.5%-2.5%0000.00131.88N/AN/A0000
2022-08-23$65.57$0.0029.7%8.5%23.4%25.4%0.0%2.8%-4.2%0000.00130.44N/AN/A0000
2022-08-24$65.87$0.0026.9%7.7%19.9%20.3%0.0%3.0%-0.1%0000.00127.18N/AN/A0000
2022-08-25$66.50$0.0030.4%8.7%19.8%26.7%0.0%2.6%-3.1%0000.00132.31N/AN/A0000
2022-08-26$64.16$0.0032.6%9.3%23.0%30.7%0.0%3.5%-5.9%0000.00130.60N/AN/A0000
2022-08-29$63.65$0.0034.9%10.0%23.1%34.9%0.0%2.5%-6.3%0000.00132.50N/AN/A0000
2022-08-30$62.75$0.0035.5%10.2%23.5%36.1%0.0%3.5%-4.2%0000.00129.72N/AN/A0000
2022-08-31$62.39$0.0035.5%10.2%22.6%36.1%0.0%2.9%-5.5%0000.00130.58N/AN/A0000