GWW Options History — April 2015

In April 2015, GWW traded between $230.62 and $250.35. ATM implied volatility averaged 20.7%, placing in the 22.2% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 5.0% (HV 20d: 15.7%). Max pain ranged from $230.00 to $250.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.22.

Notable Days

  • 2015-04-16: Highest Volume — 2,914 contracts
  • 2015-04-08: Largest IV drop — 25.7% change
  • 2015-04-07: Highest IV Rank — 50.9%
  • 2015-04-01: Largest Expected Move — 7.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$240.25$230.62$250.35$231.78$248.09
Max Pain$230.95$230.00$250.00$250.00$230.00
ATM IV20.7%16.4%30.3%25.6%16.8%
Expected Move5.7%4.7%7.3%7.3%4.8%
HV 20d15.7%14.2%17.6%16.6%14.2%
HV 60d18.5%16.0%19.9%19.7%16.0%
IV Rank22.2%9.6%50.9%37.0%10.6%
IV Percentile62.7%22.6%98.4%94.8%28.6%
Term Structure-1.3%-3.6%0.5%-3.6%0.1%
VWIV20.1%16.0%25.7%25.2%16.8%
Skew 25d3.7%2.5%4.7%3.2%2.7%
Skew 10d8.0%4.0%11.1%6.0%4.0%
Call IV 25d18.1%13.7%24.0%24.0%16.7%
Put IV 25d21.8%17.6%27.2%27.2%19.4%
Bid-Ask Spread %84.8130.3996.1185.6996.11
Gamma HHI0.460.310.610.310.56
Net GEX177.0K-3.7M3.7M-1.9M3.6M
Net DEX-9.0M-47.7M30.3M22.3M-41.1M
Net VEX-150.0K-173.5K-124.9K-169.7K-144.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.220.362.742.651.42
Total Volume1,279.0481732,9142,083976
Total OI9,525.9525,47213,68410,7506,311

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-04-01$231.78$250.0025.6%7.3%16.6%37.0%25.2%3.2%-3.6%-1.9M22.3M-169.7K2.6585.69N/AN/A5701,5135,4015,349
2015-04-02$230.62$230.0025.7%6.3%16.3%37.2%25.7%4.6%-1.5%-2.6M30.3M-167.0K1.3380.12N/AN/A3915215,5355,636
2015-04-06$235.06$230.0026.6%6.0%17.3%39.8%24.3%4.1%-1.3%-2.0M13.7M-161.4K2.7480.63N/AN/A5521,5145,5345,702
2015-04-07$233.00$230.0030.3%6.5%17.6%50.9%23.2%4.0%-2.1%-3.6M27.0M-170.7K1.9581.92N/AN/A4719185,6086,376
2015-04-08$234.31$230.0022.5%6.5%15.4%27.7%22.5%4.5%-2.1%-3.7M24.9M-173.5K2.2081.30N/AN/A541195,6046,614
2015-04-09$234.99$230.0022.4%6.4%15.1%27.3%22.2%4.4%-2.1%-3.5M21.3M-168.6K2.0683.72N/AN/A3697625,6426,677
2015-04-10$234.74$230.0022.4%6.4%15.1%27.2%19.5%4.3%-2.1%-3.5M20.3M-162.3K1.6484.91N/AN/A3676035,6736,660
2015-04-13$235.21$230.0021.0%6.0%15.0%23.3%23.6%4.3%-1.2%-3.5M18.9M-148.0K0.8286.30N/AN/A5854825,6906,746
2015-04-14$237.97$230.0021.8%6.2%14.8%25.4%22.1%4.1%-2.1%-2.5M4.5M-145.5K0.4486.81N/AN/A1,3295835,7916,748
2015-04-15$241.52$230.0022.5%6.5%15.6%27.6%22.5%4.7%-3.5%-725.7K-13.9M-156.6K1.1086.86N/AN/A1,1761,2956,0936,818
2015-04-16$242.90$230.0018.3%5.2%14.6%15.1%18.1%3.6%0.5%2.2M-31.0M-133.9K0.3784.73N/AN/A2,1217936,5527,132
2015-04-17$239.46$230.0018.3%5.3%15.4%15.2%18.4%3.6%0.3%-286.4K-11.4M-124.9K0.3688.46N/AN/A1,4915315,7057,079
2015-04-20$238.82$230.0017.9%5.1%15.4%14.1%18.1%3.1%-1.1%2.1M-14.2M-129.7K0.7930.39N/AN/A3602863,4572,015
2015-04-21$242.93$230.0017.6%5.1%15.8%13.2%17.1%3.5%-0.8%2.7M-25.6M-134.9K0.4183.50N/AN/A7152933,5522,038
2015-04-22$243.45$230.0017.8%5.1%15.8%13.7%18.7%3.7%-1.1%3.0M-28.0M-140.7K1.1091.50N/AN/A4084473,7782,063
2015-04-23$244.39$230.0018.9%5.4%15.8%16.8%17.8%4.1%-2.2%3.4M-30.8M-143.9K0.9695.15N/AN/A3483353,8262,090
2015-04-24$247.20$230.0017.6%5.0%16.1%13.0%16.0%3.8%-0.5%3.7M-37.7M-141.1K1.0392.36N/AN/A3463583,8612,092
2015-04-27$249.51$230.0016.9%4.8%16.2%10.9%17.2%2.8%-0.4%3.7M-46.7M-140.9K0.7092.48N/AN/A6074223,8902,158
2015-04-28$249.04$230.0016.6%4.8%15.9%10.1%16.9%2.8%-0.1%3.6M-43.3M-146.9K0.6692.60N/AN/A5233473,9662,279
2015-04-29$250.35$230.0016.4%4.7%15.6%9.6%17.3%2.5%-0.0%3.6M-47.7M-144.2K0.9395.46N/AN/A5064733,9802,324
2015-04-30$248.09$230.0016.8%4.8%14.2%10.6%16.8%2.7%0.1%3.6M-41.1M-144.7K1.4296.11N/AN/A4045724,0112,300