GWW Options History — August 2011

In August 2011, GWW traded between $126.11 and $154.10. ATM implied volatility averaged 36.2%, placing in the 52.9% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded below realized volatility by 4.2% (HV 20d: 40.4%). Max pain ranged from $135.00 to $155.00. Net GEX was positive for 7 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 1.66.

Notable Days

  • 2011-08-08: Highest Volume — 2,008 contracts
  • 2011-08-08: Largest IV spike — 55.8% change
  • 2011-08-08: Highest IV Rank — 100.0%
  • 2011-08-08: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$138.45$126.11$154.10$147.30$154.10
Max Pain$140.43$135.00$155.00$155.00$140.00
ATM IV36.2%24.8%58.7%24.8%29.0%
Expected Move10.1%7.1%13.9%7.1%8.3%
HV 20d40.4%14.5%54.6%14.5%53.0%
HV 60d29.0%18.9%34.6%18.9%34.6%
IV Rank52.9%32.4%100.0%32.7%32.4%
IV Percentile96.4%90.9%100.0%90.9%90.9%
Term Structure-0.8%-8.0%2.0%-0.7%2.0%
VWIV35.4%24.0%45.3%24.0%31.3%
Skew 25d7.9%1.7%11.7%3.6%6.4%
Skew 10d14.0%1.9%28.1%5.5%14.6%
Call IV 25d31.7%23.3%41.3%23.3%27.8%
Put IV 25d39.6%26.9%48.6%26.9%34.1%
Bid-Ask Spread %46.6326.2564.4464.4462.91
Gamma HHI0.160.110.420.110.11
Net GEX-212.4K-936.0K967.5K-413.9K967.5K
Net DEX9.9M-30.0M33.0M5.2M-30.0M
Net VEX-173.9K-207.7K-145.7K-154.9K-207.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.660.267.770.545.65
Total Volume682.2171122,0082661,576
Total OI10,188.9578,09811,9468,09811,156

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2011-08-01$147.30$155.0024.8%7.1%14.5%32.7%24.0%3.6%-0.7%-413.9K5.2M-154.9K0.5464.44N/AN/A173933,5394,559
2011-08-02$141.43$155.0027.1%7.8%19.5%40.0%26.5%1.7%-1.1%-705.0K14.4M-145.7K2.4559.67N/AN/A1052573,6684,587
2011-08-03$142.78$150.0025.5%7.3%19.5%34.9%26.2%3.7%-0.2%-578.2K12.1M-150.4K0.2753.11N/AN/A223613,7284,530
2011-08-04$136.63$150.0038.2%11.0%23.2%76.0%33.4%4.8%-8.0%-561.5K18.1M-146.2K1.2151.09N/AN/A2322803,8864,538
2011-08-05$138.50$150.0034.4%9.9%24.3%63.8%34.5%6.3%-1.7%-438.4K15.2M-156.6K1.4655.94N/AN/A3535173,9124,557
2011-08-08$129.86$145.0053.7%13.9%31.6%100.0%45.3%4.6%-6.3%-463.9K24.0M-149.1K1.6456.82N/AN/A7601,2484,1304,849
2011-08-09$132.57$145.0040.3%11.0%33.3%65.6%39.2%7.2%-2.2%-824.8K27.5M-157.2K1.0448.23N/AN/A1681754,4385,581
2011-08-10$126.11$140.0058.7%13.2%36.0%100.0%41.0%4.7%-2.2%-775.7K33.0M-146.4K0.3843.63N/AN/A1,1584404,4935,606
2011-08-11$133.22$140.0040.2%11.5%43.0%57.8%40.5%9.8%-1.6%-588.8K22.2M-178.6K0.8041.50N/AN/A4543615,2725,830
2011-08-12$135.84$135.0037.5%10.8%43.8%51.8%34.4%9.3%-1.8%-330.4K15.8M-181.1K0.8348.28N/AN/A3743125,6255,967
2011-08-15$138.57$135.0033.0%9.5%44.9%41.5%36.5%9.4%0.7%18.4K9.3M-180.6K0.2630.93N/AN/A6191625,7055,959
2011-08-16$137.26$135.0035.3%10.1%44.9%46.7%34.3%8.4%0.9%-7.9K11.7M-176.5K7.7728.46N/AN/A574435,7515,990
2011-08-17$137.08$135.0035.0%10.0%44.9%46.1%37.7%9.7%-0.7%2.7K13.9M-173.4K2.0626.25N/AN/A982025,7506,177
2011-08-18$130.95$135.0042.1%12.1%46.8%62.2%37.3%10.6%-1.8%-567.3K25.7M-165.5K1.6060.91N/AN/A43695,7896,157
2011-08-19$130.34$135.0042.3%12.1%46.8%62.7%41.2%11.7%0.4%-936.0K24.9M-164.8K1.3963.87N/AN/A3314605,7916,122
2011-08-22$132.68$135.0040.0%11.5%47.8%57.4%41.3%11.1%-2.3%-291.9K14.5M-173.8K0.6734.10N/AN/A2911944,3744,981
2011-08-23$138.15$135.0033.7%9.7%49.8%43.2%37.0%11.4%1.3%-77.3K6.1M-185.8K1.0950.09N/AN/A3023284,5515,084
2011-08-24$140.98$135.0033.3%9.5%50.5%42.2%34.8%11.2%0.8%77.0K845.9K-196.1K1.8127.56N/AN/A2103804,6415,280
2011-08-25$138.02$135.0035.4%10.2%50.9%47.1%36.0%10.8%0.5%-55.5K5.6M-202.4K0.9835.79N/AN/A2462404,7215,527
2011-08-26$143.05$135.0034.6%9.9%52.8%45.1%35.7%9.6%1.7%238.1K-3.0M-205.9K1.3151.72N/AN/A1481944,7925,537
2011-08-29$148.59$135.0029.1%8.3%54.6%32.6%33.7%7.2%1.6%608.7K-16.5M-200.0K0.5433.05N/AN/A5122774,8985,555
2011-08-30$150.41$140.0029.7%8.5%52.5%34.1%31.2%8.2%1.5%820.0K-22.4M-201.6K2.5144.22N/AN/A1614045,1555,608
2011-08-31$154.10$140.0029.0%8.3%53.0%32.4%31.3%6.4%2.0%967.5K-30.0M-207.7K5.6562.91N/AN/A2371,3395,2535,903