GWW Options History — April 2014

In April 2014, GWW traded between $246.62 and $258.58. ATM implied volatility averaged 21.6%, placing in the 36.8% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 0.4% (HV 20d: 21.2%). Max pain ranged from $250.00 to $260.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 3.45.

Notable Days

  • 2014-04-15: Highest Volume — 6,116 contracts
  • 2014-04-16: Largest IV drop — 25.1% change
  • 2014-04-08: Highest IV Rank — 73.7%
  • 2014-04-02: Largest Expected Move — 7.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$252.34$246.62$258.58$253.05$254.40
Max Pain$256.19$250.00$260.00$250.00$250.00
ATM IV21.6%16.8%28.6%24.7%17.6%
Expected Move5.8%4.8%7.3%7.1%5.1%
HV 20d21.2%16.1%23.6%16.1%23.6%
HV 60d20.4%17.8%22.1%20.7%18.0%
IV Rank36.8%11.6%73.7%53.2%16.2%
IV Percentile53.3%8.3%96.0%84.9%21.4%
Term Structure-0.7%-4.0%1.8%-3.5%0.0%
VWIV20.4%16.3%25.4%24.3%16.3%
Skew 25d2.7%1.7%4.2%3.3%2.7%
Skew 10d6.3%2.0%12.9%2.0%8.0%
Call IV 25d19.1%15.6%23.2%22.6%16.0%
Put IV 25d21.9%18.4%27.2%25.9%18.7%
Bid-Ask Spread %81.1772.4791.5987.5291.59
Gamma HHI0.250.210.530.230.21
Net GEX-2.0M-5.3M84.8K-1.3M-1.7M
Net DEX10.6M-12.9M25.5M2.5M11.6M
Net VEX-171.5K-187.4K-141.7K-173.6K-184.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.450.1412.102.460.28
Total Volume567.952456,11645484
Total OI8,627.6195,32311,5109,9756,109

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-04-01$253.05$250.0024.7%7.1%16.1%53.2%24.3%3.3%-3.5%-1.3M2.5M-173.6K2.4687.52N/AN/A13324,0045,971
2014-04-02$254.98$250.0025.4%7.3%16.1%56.9%22.8%4.2%-4.0%-879.5K-947.5K-177.1K2.8582.46N/AN/A13374,0155,993
2014-04-03$256.74$250.0024.4%7.0%16.3%51.6%24.6%4.0%-3.6%-530.4K-5.6M-173.6K0.3183.66N/AN/A70224,0206,008
2014-04-04$254.59$260.0027.6%6.4%16.5%68.3%0.0%2.6%-1.9%-731.8K-2.9M-167.8K1.4779.93N/AN/A32474,0546,029
2014-04-07$246.62$260.0028.3%6.2%19.9%71.8%21.8%2.6%-0.4%-3.0M25.5M-157.9K1.1375.12N/AN/A1701924,0416,022
2014-04-08$253.42$260.0028.6%6.2%22.3%73.7%23.5%3.8%-0.5%-1.6M6.4M-162.1K2.3772.47N/AN/A1293064,0396,118
2014-04-09$258.58$260.0026.6%6.0%23.2%62.9%21.4%3.5%-0.2%84.8K-12.9M-157.3K1.7475.72N/AN/A691204,1186,316
2014-04-10$252.23$260.0022.4%6.4%23.3%40.8%23.2%2.1%-0.8%-1.9M10.0M-160.1K7.0076.25N/AN/A433014,1196,331
2014-04-11$250.23$260.0022.8%6.5%23.5%43.0%23.3%2.2%-1.3%-2.7M16.3M-161.1K0.6474.91N/AN/A110704,1436,406
2014-04-14$248.93$260.0022.7%6.5%22.6%42.7%23.9%2.7%-0.9%-3.7M22.5M-141.7K9.3378.96N/AN/A302804,1856,403
2014-04-15$250.77$260.0023.8%6.8%22.6%48.4%25.4%3.8%-2.2%-2.8M17.2M-146.7K12.1076.29N/AN/A4675,6494,1986,513
2014-04-16$250.20$260.0017.8%5.1%22.2%17.2%18.9%1.8%1.8%-5.3M22.6M-181.9K2.0180.31N/AN/A5661,1404,2657,099
2014-04-17$252.15$260.0017.9%5.1%22.3%17.8%17.7%2.1%1.7%-4.7M7.0M-187.4K0.8781.65N/AN/A2362064,4137,097
2014-04-21$252.21$260.0018.1%5.2%22.3%18.5%17.7%2.4%0.4%-1.7M14.1M-179.8K0.8875.41N/AN/A1181041,6733,650
2014-04-22$255.05$260.0016.8%4.8%22.6%11.6%17.5%2.6%0.2%-1.5M10.2M-182.6K0.5084.85N/AN/A70351,7173,717
2014-04-23$254.97$250.0018.0%5.2%22.2%18.2%16.7%2.9%-0.8%-1.4M9.9M-182.3K0.1481.25N/AN/A157221,7773,742
2014-04-24$252.53$250.0017.4%5.0%21.7%15.2%17.6%2.2%0.3%-1.6M12.8M-184.0K9.2585.35N/AN/A8741,9273,743
2014-04-25$249.33$260.0017.3%5.0%22.2%14.4%17.4%1.7%0.2%-1.9M18.3M-181.3K2.1288.94N/AN/A25531,9283,766
2014-04-28$250.03$250.0017.4%5.0%22.2%14.9%17.5%2.9%0.2%-2.0M17.9M-180.3K3.2483.08N/AN/A17551,9223,806
2014-04-29$248.22$250.0017.3%5.0%21.8%14.4%17.5%1.7%0.4%-2.1M19.6M-178.2K11.6888.95N/AN/A283271,9243,859
2014-04-30$254.40$250.0017.6%5.1%23.6%16.2%16.3%2.7%0.0%-1.7M11.6M-184.1K0.2891.59N/AN/A3781061,9494,160