PWB Options History — September 2022

In September 2022, PWB traded between $57.25 and $64.51. ATM implied volatility averaged 38.1%, placing in the 39.9% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 13.0% (HV 20d: 25.2%). Max pain ranged from $70.00 to $70.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2022-09-12: Highest Volume — 1 contracts
  • 2022-09-14: Largest IV drop — 56.6% change
  • 2022-09-13: Highest IV Rank — 91.0%
  • 2022-09-30: Largest Expected Move — 10.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$60.55$57.25$64.51$61.62$57.25
Max Pain$70.00$70.00$70.00$70.00$70.00
ATM IV38.1%28.5%65.7%37.5%38.0%
Expected Move9.2%7.0%10.9%10.7%10.9%
HV 20d25.2%22.1%27.5%22.8%26.5%
HV 60d25.4%24.0%28.7%28.7%24.7%
IV Rank39.9%23.3%91.0%39.6%38.9%
IV Percentile74.6%42.1%99.2%86.5%84.9%
Term Structure-1.9%-11.3%2.6%-7.7%-4.1%
VWIV44.2%24.2%56.0%24.2%56.0%
Skew 25d4.2%-0.5%11.1%3.4%4.5%
Skew 10d6.0%2.7%10.6%4.0%5.7%
Call IV 25d31.8%19.6%41.1%39.8%38.8%
Put IV 25d35.9%30.3%44.3%43.3%43.3%
Bid-Ask Spread %131.57125.77137.92130.64132.38
Gamma HHI1.001.001.001.001.00
Net GEX460130026
Net DEX-221-73100-95
Net VEX-1-400-1
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.3810101
Total OI0.6670101

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-09-01$61.62$0.0037.5%10.7%22.8%39.6%0.0%3.4%-7.7%0000.00130.64N/AN/A0000
2022-09-02$61.18$0.0036.0%10.3%22.8%36.9%0.0%-0.5%-11.3%0000.00125.94N/AN/A0000
2022-09-06$61.36$0.0043.2%9.0%23.0%50.1%0.0%3.9%-0.9%0000.00131.13N/AN/A0000
2022-09-07$62.55$0.0042.7%7.0%24.1%49.2%0.0%11.1%2.6%0000.00135.52N/AN/A0000
2022-09-08$62.79$0.0042.0%8.4%22.1%47.8%0.0%3.9%-0.3%0000.00130.68N/AN/A0000
2022-09-09$64.08$0.0044.5%7.6%23.5%52.4%0.0%3.8%0.5%0000.00137.92N/AN/A0000
2022-09-12$64.51$0.0056.6%7.5%22.3%74.5%24.2%4.4%0.7%0000.00135.30N/AN/A1000
2022-09-13$61.84$70.0065.7%8.5%25.8%91.0%32.2%4.2%-0.3%130-731-40.00132.52N/AN/A1010
2022-09-14$62.66$70.0028.5%8.2%26.6%23.3%0.0%2.7%0.6%124-629-30.00134.18N/AN/A0010
2022-09-15$61.17$70.0031.4%9.0%27.5%27.8%0.0%3.7%-2.2%108-609-30.00132.36N/AN/A0010
2022-09-16$60.64$70.0030.6%8.8%27.3%26.4%36.2%4.4%0.4%91-462-30.00135.13N/AN/A1010
2022-09-19$61.00$70.0030.9%8.9%27.2%26.2%0.0%3.5%-1.1%97-481-30.00136.49N/AN/A0010
2022-09-20$60.75$70.0031.2%9.0%26.2%26.8%0.0%5.0%0.7%91-449-20.00132.87N/AN/A0010
2022-09-21$59.62$70.0032.5%9.3%26.6%28.8%0.0%2.0%-6.3%63-278-20.00127.54N/AN/A0010
2022-09-22$59.26$70.0031.0%8.9%26.3%25.8%0.0%2.8%0.1%38-134-10.00125.77N/AN/A0010
2022-09-23$57.84$70.0034.4%9.9%26.5%32.3%0.0%5.1%-1.7%38-162-10.00133.29N/AN/A0010
2022-09-26$57.47$70.0034.7%9.9%24.3%32.8%51.2%3.1%-4.0%31-123-10.00128.76N/AN/A1010
2022-09-27$57.47$70.0036.6%10.5%24.3%36.3%51.7%4.1%-4.9%33-132-10.00126.78N/AN/A1010
2022-09-28$58.83$70.0035.4%10.2%26.0%34.2%49.0%5.9%1.6%54-241-10.00126.87N/AN/A1010
2022-09-29$57.69$70.0037.1%10.6%26.7%37.3%53.4%6.9%-3.1%32-123-10.00130.81N/AN/A1010
2022-09-30$57.25$70.0038.0%10.9%26.5%38.9%56.0%4.5%-4.1%26-95-10.00132.38N/AN/A1010