PWB Options History — June 2024

In June 2024, PWB traded between $88.56 and $94.79. ATM implied volatility averaged 13.2%, placing in the 6.7% IV rank vs the trailing year. The 30-day expected move averaged 3.7%. IV traded above realized volatility by 1.5% (HV 20d: 11.7%). Max pain ranged from $80.00 to $80.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 15 of 19 days.

Notable Days

  • 2024-06-12: Largest IV drop — 29.8% change
  • 2024-06-11: Highest IV Rank — 18.7%
  • 2024-06-04: Largest Expected Move — 4.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$92.68$88.56$94.79$88.56$94.63
Max Pain$80.00$80.00$80.00$80.00$80.00
ATM IV13.2%11.7%17.2%13.6%12.0%
Expected Move3.7%3.4%4.8%3.9%3.5%
HV 20d11.7%9.4%12.6%11.1%9.4%
HV 60d14.2%13.9%14.7%14.5%14.1%
IV Rank6.7%2.0%18.7%7.8%3.0%
IV Percentile21.6%2.0%80.6%25.0%6.3%
Term Structure0.7%-4.1%2.1%-0.7%1.6%
Skew 25d1.2%-0.4%2.6%1.3%1.5%
Skew 10d2.3%1.1%5.7%1.8%1.2%
Call IV 25d11.4%10.2%13.4%13.4%11.5%
Put IV 25d12.7%11.1%15.5%14.7%13.0%
Bid-Ask Spread %131.61120.96137.90121.34137.90
Gamma HHI0.720.331.000.331.00
Net GEX1.3K7752.9K2.9K795
Net DEX-38.5K-52.2K-13.5K-37.0K-14.3K
Net VEX-36-52-28-52-28
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI4.9472662

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-06-03$88.56$80.0013.6%3.9%11.1%7.8%0.0%1.3%-0.7%2.9K-37.0K-520.00121.34N/AN/A0060
2024-06-04$89.18$80.0016.7%4.8%10.4%17.1%0.0%2.4%-4.1%2.6K-39.7K-510.00120.96N/AN/A0060
2024-06-05$90.65$80.0012.6%3.6%11.7%4.8%0.0%1.5%0.2%2.1K-44.4K-460.00121.41N/AN/A0060
2024-06-06$90.63$0.0013.5%3.7%11.8%7.4%0.0%1.4%-0.4%1.9K-44.9K-440.00131.60N/AN/A0060
2024-06-07$90.73$0.0013.0%3.8%11.8%5.8%0.0%1.4%1.4%2.0K-44.9K-450.00131.28N/AN/A0060
2024-06-10$91.22$0.0015.0%3.6%11.8%12.0%0.0%1.9%0.2%1.7K-46.3K-410.00133.23N/AN/A0060
2024-06-11$91.44$0.0017.2%3.7%11.7%18.7%0.0%2.0%-0.4%1.7K-46.5K-400.00133.78N/AN/A0060
2024-06-12$92.76$0.0012.1%3.5%12.6%3.1%0.0%0.9%1.8%1.2K-49.5K-360.00134.97N/AN/A0060
2024-06-13$92.88$0.0012.0%3.4%11.6%2.8%0.0%0.6%2.0%1.2K-49.8K-340.00135.98N/AN/A0060
2024-06-14$93.15$0.0012.3%3.5%11.5%3.7%0.0%1.2%2.1%984-49.9K-340.00133.10N/AN/A0060
2024-06-17$94.45$0.0012.6%3.6%12.2%4.7%0.0%2.6%1.2%792-52.1K-310.00129.55N/AN/A0060
2024-06-18$94.76$0.0012.5%3.6%12.1%4.4%0.0%-0.4%1.9%775-52.2K-300.00130.74N/AN/A0060
2024-06-20$94.47$0.0013.2%3.8%12.3%6.4%0.0%1.2%1.2%807-51.8K-310.00131.32N/AN/A0060
2024-06-21$94.21$0.0013.2%3.8%12.2%6.6%0.0%1.1%0.7%820-51.6K-310.00133.32N/AN/A0060
2024-06-24$93.81$0.0013.1%3.7%12.3%6.1%0.0%0.8%0.8%832-13.5K-300.00134.44N/AN/A0020
2024-06-25$94.35$0.0013.0%3.7%12.2%5.8%0.0%1.0%1.0%806-14.1K-300.00133.97N/AN/A0020
2024-06-26$94.19$0.0012.5%3.6%12.1%4.4%0.0%0.5%2.0%826-13.9K-300.00135.04N/AN/A0020
2024-06-27$94.79$0.0011.7%3.4%12.1%2.0%0.0%0.9%1.5%785-14.5K-280.00136.58N/AN/A0020
2024-06-28$94.63$0.0012.0%3.5%9.4%3.0%0.0%1.5%1.6%795-14.3K-280.00137.90N/AN/A0020