PWB Options History — August 2024

In August 2024, PWB traded between $86.33 and $95.62. ATM implied volatility averaged 20.6%, placing in the 29.1% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded below realized volatility by 4.7% (HV 20d: 25.4%). Max pain ranged from $91.00 to $95.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.00.

Notable Days

2024-08-20: Highest Volume — 1 contracts
2024-08-05: Largest IV spike — 46.4% change
2024-08-05: Highest IV Rank — 79.7%
2024-08-05: Largest Expected Move — 8.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$92.69	$86.33	$95.62	$90.97	$95.56
Max Pain	$91.36	$91.00	$95.00	$95.00	$91.00
ATM IV	20.6%	14.7%	37.3%	22.5%	14.7%
Expected Move	5.5%	4.2%	8.4%	6.4%	4.2%
HV 20d	25.4%	19.8%	28.5%	20.9%	19.8%
HV 60d	18.1%	14.8%	18.9%	14.8%	18.3%
IV Rank	29.1%	11.2%	79.7%	34.8%	11.2%
IV Percentile	80.2%	48.0%	99.6%	97.2%	48.0%
Term Structure	-1.2%	-5.6%	2.4%	-5.6%	0.6%
VWIV	13.6%	12.5%	14.8%	14.8%	12.5%
Skew 25d	4.5%	-1.7%	13.7%	-1.7%	3.2%
Skew 10d	4.7%	3.5%	7.9%	4.1%	3.8%
Call IV 25d	14.7%	11.6%	22.0%	22.0%	12.6%
Put IV 25d	19.3%	13.6%	32.5%	20.3%	15.8%
Bid-Ask Spread %	115.54	102.71	128.67	128.67	118.86
Gamma HHI	0.73	0.50	1.00	0.53	1.00
Net GEX	2.1K	774	7.1K	2.7K	774
Net DEX	-14.6K	-25.9K	-6.1K	-14.0K	-17.5K
Net VEX	-22	-39	-7	-39	-7
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.091	0	1	0	0
Total OI	3.727	2	5	5	2

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI
2024-08-01	$90.97	$95.00	22.5%	6.4%	20.9%	34.8%	0.0%	-1.7%	-5.6%	2.7K	-14.0K	-39	128.67	N/A	N/A	0	5
2024-08-02	$88.79	$95.00	25.5%	7.3%	21.5%	43.8%	0.0%	7.3%	-1.5%	1.8K	-9.4K	-33	123.51	N/A	N/A	0	5
2024-08-05	$86.33	$91.00	37.3%	8.4%	23.1%	79.7%	0.0%	13.7%	-4.5%	1.0K	-6.1K	-24	109.70	N/A	N/A	0	5
2024-08-06	$88.59	$91.00	29.8%	6.7%	25.6%	56.9%	0.0%	4.9%	-2.5%	1.6K	-8.0K	-28	127.74	N/A	N/A	0	5
2024-08-07	$87.78	$91.00	28.0%	6.9%	25.6%	51.5%	0.0%	7.4%	-2.6%	1.2K	-6.6K	-24	102.71	N/A	N/A	0	5
2024-08-08	$90.06	$91.00	19.7%	6.6%	27.6%	26.4%	0.0%	8.6%	-2.1%	1.4K	-8.8K	-26	118.21	N/A	N/A	0	5
2024-08-09	$90.92	$91.00	22.3%	5.5%	27.8%	34.3%	0.0%	9.0%	1.8%	2.3K	-11.4K	-29	108.18	N/A	N/A	0	5
2024-08-12	$90.72	$91.00	25.5%	5.4%	27.7%	43.8%	0.0%	8.1%	2.4%	2.0K	-10.6K	-26	109.20	N/A	N/A	0	5
2024-08-13	$92.18	$91.00	27.8%	5.6%	28.5%	50.8%	0.0%	6.8%	-0.9%	3.2K	-13.9K	-27	111.33	N/A	N/A	0	5
2024-08-14	$92.69	$91.00	17.6%	5.1%	27.5%	20.0%	0.0%	3.5%	0.6%	3.9K	-16.0K	-26	114.05	N/A	N/A	0	5
2024-08-15	$94.45	$91.00	16.6%	4.7%	28.1%	16.7%	0.0%	6.3%	-2.6%	6.3K	-25.9K	-24	113.45	N/A	N/A	0	5
2024-08-16	$94.32	$91.00	16.1%	4.6%	28.0%	15.3%	0.0%	5.9%	-4.9%	7.1K	-24.3K	-19	115.11	N/A	N/A	0	5
2024-08-19	$94.86	$91.00	15.1%	4.3%	27.6%	12.3%	0.0%	1.9%	0.8%	952	-15.6K	-15	115.89	N/A	N/A	0	2
2024-08-20	$95.25	$91.00	16.5%	4.7%	27.7%	16.5%	14.8%	1.5%	-0.2%	897	-15.1K	-16	113.32	N/A	N/A	1	2
2024-08-21	$95.62	$91.00	16.3%	4.7%	25.2%	16.0%	0.0%	1.8%	-0.4%	1.7K	-19.9K	-25	114.04	N/A	N/A	0	3
2024-08-22	$94.79	$91.00	17.2%	4.9%	25.3%	18.7%	12.5%	1.7%	-0.4%	1.7K	-17.8K	-26	113.53	N/A	N/A	1	3
2024-08-23	$95.11	$91.00	17.7%	5.1%	25.2%	20.2%	0.0%	1.3%	-3.2%	952	-15.2K	-15	118.97	N/A	N/A	0	2
2024-08-26	$94.83	$91.00	17.0%	4.9%	25.3%	18.0%	0.0%	2.4%	0.0%	991	-15.6K	-13	115.79	N/A	N/A	0	2
2024-08-27	$95.41	$91.00	16.9%	4.8%	24.8%	17.8%	0.0%	4.0%	-0.3%	952	-16.2K	-11	116.70	N/A	N/A	0	2
2024-08-28	$94.72	$91.00	17.8%	5.1%	23.5%	20.5%	0.0%	1.1%	-0.9%	1.0K	-15.3K	-12	115.28	N/A	N/A	0	2
2024-08-29	$95.13	$91.00	16.4%	4.7%	22.1%	16.2%	0.0%	1.4%	-0.0%	931	-16.6K	-10	117.71	N/A	N/A	0	2
2024-08-30	$95.56	$91.00	14.7%	4.2%	19.8%	11.2%	0.0%	3.2%	0.6%	774	-17.5K	-7	118.86	N/A	N/A	0	2