PWB Options History — December 2024

In December 2024, PWB traded between $101.85 and $108.16. ATM implied volatility averaged 14.4%, placing in the 12.2% IV rank vs the trailing year. The 30-day expected move averaged 4.1%. IV traded below realized volatility by 2.4% (HV 20d: 16.7%). Max pain ranged from $100.00 to $100.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-12-24: Highest Volume — 2 contracts
  • 2024-12-18: Largest IV spike — 32.8% change
  • 2024-12-18: Highest IV Rank — 39.1%
  • 2024-12-18: Largest Expected Move — 6.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$105.24$101.85$108.16$105.60$101.85
Max Pain$100.00$100.00$100.00$100.00$100.00
ATM IV14.4%11.6%21.3%14.8%17.9%
Expected Move4.1%3.5%6.1%4.2%5.1%
HV 20d16.7%13.1%20.0%15.9%20.0%
HV 60d14.7%13.1%16.6%13.4%16.6%
IV Rank12.2%2.0%39.1%14.1%24.8%
IV Percentile37.4%1.6%92.5%47.2%81.7%
Term Structure1.0%-2.7%3.2%-1.7%-2.7%
VWIV16.5%16.5%16.5%16.5%16.5%
Skew 25d2.6%-0.2%6.6%-0.2%0.2%
Skew 10d2.9%-1.5%8.1%1.2%-1.5%
Call IV 25d11.5%9.3%16.3%12.9%13.6%
Put IV 25d14.2%10.9%22.1%12.7%13.8%
Bid-Ask Spread %128.89120.22136.65124.44135.24
Gamma HHI0.580.391.001.000.39
Net GEX-310-1.9K00-1.7K
Net DEX1.8K011.5K010.1K
Net VEX-10-7000-70
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.190200
Total OI0.6190404

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-12-02$105.60$0.0014.8%4.2%15.9%14.1%0.0%-0.2%-1.7%0000.00124.44N/AN/A0000
2024-12-03$105.92$0.0012.1%3.5%15.7%3.9%0.0%1.5%0.7%0000.00125.19N/AN/A0000
2024-12-04$107.36$0.0012.2%3.5%15.9%4.5%0.0%0.9%1.1%0000.00122.83N/AN/A0000
2024-12-05$107.34$0.0011.6%3.6%13.3%2.0%0.0%1.6%2.2%0000.00125.16N/AN/A0000
2024-12-06$108.16$0.0011.6%3.5%13.1%2.1%0.0%1.8%2.6%0000.00125.79N/AN/A0000
2024-12-09$106.06$0.0013.4%3.7%14.9%9.0%0.0%0.8%2.1%0000.00127.11N/AN/A0000
2024-12-10$105.73$0.0013.6%3.8%14.8%9.8%0.0%2.1%2.6%0000.00128.24N/AN/A0000
2024-12-11$107.29$0.0012.4%3.6%15.7%5.3%0.0%3.5%2.5%0000.00129.15N/AN/A0000
2024-12-12$106.50$0.0013.1%3.8%15.9%7.9%0.0%1.4%2.6%0000.00132.01N/AN/A0000
2024-12-13$106.10$0.0012.6%3.6%15.3%5.7%0.0%1.8%3.2%0000.00131.62N/AN/A0000
2024-12-16$106.86$0.0013.3%3.8%13.2%8.7%0.0%2.2%2.6%0000.00130.74N/AN/A0000
2024-12-17$106.06$0.0016.1%4.6%13.6%19.1%0.0%2.0%-1.5%0000.00130.36N/AN/A0000
2024-12-18$102.27$0.0021.3%6.1%19.1%39.1%0.0%5.8%-1.0%0000.00120.22N/AN/A0000
2024-12-19$102.72$0.0017.7%5.1%19.2%24.8%0.0%4.7%0.1%0000.00122.32N/AN/A0000
2024-12-20$103.82$0.0016.2%4.7%19.1%18.9%0.0%6.6%0.6%0000.00124.53N/AN/A0000
2024-12-23$103.96$0.0014.9%4.3%19.1%13.2%0.0%6.4%1.2%0000.00129.48N/AN/A0000
2024-12-24$105.00$0.0013.0%3.7%19.4%5.5%0.0%4.3%1.9%0000.00136.42N/AN/A0200
2024-12-26$105.30$0.0013.3%3.8%19.0%6.7%16.5%2.1%1.3%-1.2K7.7K-350.00136.65N/AN/A0102
2024-12-27$103.30$100.0015.2%4.3%19.9%14.0%0.0%1.8%1.0%-1.9K11.5K-420.00133.02N/AN/A1003
2024-12-30$102.88$100.0015.8%4.5%19.8%16.5%0.0%3.7%-0.1%-1.7K7.5K-700.00136.15N/AN/A0013
2024-12-31$101.85$100.0017.9%5.1%20.0%24.8%0.0%0.2%-2.7%-1.7K10.1K-700.00135.24N/AN/A0013