PWB Options History — September 2024

In September 2024, PWB traded between $91.53 and $98.84. ATM implied volatility averaged 17.7%, placing in the 20.1% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 1.5% (HV 20d: 16.2%). Max pain ranged from $91.00 to $91.00. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-09-20: Highest Volume — 2 contracts
  • 2024-09-19: Largest IV drop — 25.5% change
  • 2024-09-09: Highest IV Rank — 33.6%
  • 2024-09-18: Largest Expected Move — 5.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$95.92$91.53$98.84$93.13$98.40
Max Pain$91.00$91.00$91.00$91.00$91.00
ATM IV17.7%14.2%22.1%20.2%18.4%
Expected Move5.0%4.1%5.9%5.8%5.3%
HV 20d16.2%15.0%19.3%19.3%15.9%
HV 60d19.5%19.1%19.8%19.1%19.6%
IV Rank20.1%9.5%33.6%27.7%22.3%
IV Percentile71.2%40.5%93.7%91.3%84.5%
Term Structure0.8%-3.1%3.1%-1.3%-2.8%
Skew 25d3.9%-0.0%8.3%1.8%3.1%
Skew 10d4.8%2.3%11.7%3.4%3.3%
Call IV 25d13.5%10.3%19.8%19.8%13.0%
Put IV 25d17.4%13.5%21.8%21.5%16.1%
Bid-Ask Spread %124.45107.15158.14117.54136.46
Gamma HHI1.001.001.001.001.00
Net GEX66001.7K1.4K0
Net DEX-11.2K-19.6K0-13.5K0
Net VEX-5-140-130
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.10200
Total OI1.40220

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$93.13$91.0020.2%5.8%19.3%27.7%0.0%1.8%-1.3%1.4K-13.5K-130.00117.54N/AN/A0020
2024-09-04$93.23$91.0020.1%5.8%17.5%27.4%0.0%6.3%-1.8%1.4K-13.5K-130.00119.47N/AN/A0020
2024-09-05$92.84$0.0019.4%5.5%17.1%25.4%0.0%8.3%-0.3%1.5K-12.9K-130.00110.50N/AN/A0020
2024-09-06$91.53$0.0021.4%5.8%15.9%31.4%0.0%4.7%-0.0%1.7K-10.5K-140.00107.15N/AN/A0020
2024-09-09$92.47$0.0022.1%5.7%15.9%33.6%0.0%7.1%0.6%1.7K-12.5K-110.00111.34N/AN/A0020
2024-09-10$93.14$0.0021.4%5.5%16.0%31.5%0.0%7.8%0.6%1.6K-13.8K-100.00113.00N/AN/A0020
2024-09-11$94.32$0.0018.1%5.2%15.7%21.3%0.0%6.2%1.3%1.2K-16.3K-70.00117.08N/AN/A0020
2024-09-12$95.75$0.0017.0%4.9%16.4%18.0%0.0%8.3%1.0%740-18.4K-20.00118.88N/AN/A0020
2024-09-13$96.06$0.0016.8%4.8%15.1%17.4%0.0%2.5%1.8%372-18.8K-20.00122.00N/AN/A0020
2024-09-16$96.36$0.0017.5%5.0%15.1%19.5%0.0%3.9%1.6%340-18.9K-10.00121.71N/AN/A0020
2024-09-17$96.19$0.0017.8%5.1%15.0%20.6%0.0%2.2%0.9%379-18.8K-10.00121.04N/AN/A0020
2024-09-18$95.84$0.0020.5%5.9%15.0%28.9%0.0%2.9%-3.1%834-17.1K-30.00158.14N/AN/A0020
2024-09-19$97.88$0.0015.3%4.4%16.7%13.0%0.0%3.1%2.3%6-19.6K00.00125.39N/AN/A0020
2024-09-20$98.21$0.0015.0%4.3%16.3%12.1%0.0%4.4%2.6%1-19.6K00.00125.89N/AN/A2020
2024-09-23$98.52$0.0014.3%4.1%16.3%10.0%0.0%-0.0%3.1%0000.00126.66N/AN/A0000
2024-09-24$98.58$0.0014.2%4.1%16.2%9.5%0.0%2.3%2.9%0000.00130.20N/AN/A0000
2024-09-25$98.66$0.0014.3%4.1%16.1%9.9%0.0%1.3%2.4%0000.00130.79N/AN/A0000
2024-09-26$98.84$0.0014.7%4.2%15.8%11.0%0.0%1.0%2.3%0000.00144.62N/AN/A0000
2024-09-27$98.43$0.0014.8%4.2%15.9%11.4%0.0%1.4%2.8%0000.00131.24N/AN/A0000
2024-09-30$98.40$0.0018.4%5.3%15.9%22.3%0.0%3.1%-2.8%0000.00136.46N/AN/A0000