PWB Options History — January 2024

In January 2024, PWB traded between $75.91 and $83.37. ATM implied volatility averaged 13.7%, placing in the 7.9% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded above realized volatility by 1.0% (HV 20d: 12.7%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-01-30: Highest Volume — 1 contracts
  • 2024-01-08: Largest IV spike — 26.1% change
  • 2024-01-08: Highest IV Rank — 17.9%
  • 2024-01-29: Largest Expected Move — 4.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$79.59$75.91$83.37$76.22$81.86
ATM IV13.7%11.8%16.9%12.9%13.7%
Expected Move3.9%3.4%4.3%3.7%3.9%
HV 20d12.7%11.7%13.4%12.3%12.6%
HV 60d13.6%11.9%14.7%14.6%12.3%
IV Rank7.9%2.3%17.9%5.5%8.0%
IV Percentile13.2%2.4%47.6%5.2%14.3%
Term Structure0.6%-1.2%1.6%1.2%0.1%
Skew 25d1.0%-0.3%2.3%-0.3%0.3%
Skew 10d1.4%0.4%2.1%0.4%0.5%
Call IV 25d12.7%11.1%15.0%15.0%14.4%
Put IV 25d13.7%12.4%15.7%14.6%14.7%
Bid-Ask Spread %125.85122.56132.73130.38126.86
Gamma HHI0.540.360.560.560.36
Net GEX9338231.2K8741.2K
Net DEX-13.4K-18.9K-8.3K-8.9K-18.9K
Net VEX-60-73-52-60-73
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0480100
Total OI3.0483434

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$76.22$0.0012.9%3.7%12.3%5.5%0.0%-0.3%1.2%874-8.9K-600.00130.38N/AN/A0030
2024-01-03$75.94$0.0013.7%3.9%11.8%8.2%0.0%1.0%0.5%888-8.6K-590.00132.73N/AN/A0030
2024-01-04$76.08$0.0013.6%4.2%11.8%7.6%0.0%1.5%0.6%903-8.9K-590.00125.72N/AN/A0030
2024-01-05$75.91$0.0013.4%4.1%11.7%7.2%0.0%1.8%0.7%915-8.3K-580.00122.70N/AN/A0030
2024-01-08$77.34$0.0016.9%4.1%13.1%17.9%0.0%2.3%0.4%936-10.4K-620.00122.56N/AN/A0030
2024-01-09$77.53$0.0014.2%3.5%13.0%9.7%0.0%1.5%0.9%958-10.7K-620.00126.79N/AN/A0030
2024-01-10$78.39$0.0013.1%3.8%13.3%6.2%0.0%0.9%0.4%983-11.9K-620.00125.93N/AN/A0030
2024-01-11$78.89$0.0013.0%3.7%13.4%6.0%0.0%0.9%0.7%957-12.5K-630.00126.72N/AN/A0030
2024-01-12$79.22$0.0013.3%3.8%13.1%6.7%0.0%1.1%0.9%950-12.8K-620.00124.48N/AN/A0030
2024-01-16$79.05$0.0013.8%4.0%12.3%8.5%0.0%1.2%0.6%963-12.5K-610.00125.94N/AN/A0030
2024-01-17$78.75$0.0014.9%4.3%12.4%11.8%0.0%1.3%-0.4%918-12.1K-620.00122.79N/AN/A0030
2024-01-18$79.75$0.0014.0%4.0%12.7%9.0%0.0%1.2%1.0%930-13.4K-610.00124.67N/AN/A0030
2024-01-19$80.82$0.0012.7%3.6%13.3%4.9%0.0%1.6%0.9%955-14.9K-600.00125.66N/AN/A0030
2024-01-22$81.28$0.0013.5%3.9%12.7%7.6%0.0%0.7%1.0%910-15.5K-590.00126.19N/AN/A0030
2024-01-23$81.31$0.0013.3%3.8%12.7%6.9%0.0%0.7%0.3%967-15.6K-580.00126.73N/AN/A0030
2024-01-24$81.95$0.0011.8%3.4%12.8%2.3%0.0%0.5%1.6%920-16.4K-570.00124.48N/AN/A0030
2024-01-25$82.13$0.0014.1%4.0%12.8%9.1%0.0%0.6%-0.1%881-16.6K-560.00124.50N/AN/A0030
2024-01-26$82.37$0.0012.6%3.6%12.7%4.6%0.0%0.5%1.0%877-17.0K-560.00125.71N/AN/A0030
2024-01-29$83.16$0.0015.1%4.3%13.0%12.2%0.0%0.7%-1.2%852-18.0K-530.00125.42N/AN/A0030
2024-01-30$83.37$0.0013.3%3.8%12.7%6.8%0.0%0.9%1.4%823-18.1K-520.00125.97N/AN/A1030
2024-01-31$81.86$0.0013.7%3.9%12.6%8.0%0.0%0.3%0.1%1.2K-18.9K-730.00126.86N/AN/A0040