GWW Options History — May 2017

In May 2017, GWW traded between $172.02 and $191.74. ATM implied volatility averaged 20.0%, placing in the 20.1% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded below realized volatility by 10.6% (HV 20d: 30.5%). Max pain ranged from $180.00 to $230.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 1.24.

Notable Days

  • 2017-05-18: Highest Volume — 6,261 contracts
  • 2017-05-30: Largest IV spike — 12.8% change
  • 2017-05-30: Highest IV Rank — 34.6%
  • 2017-05-30: Largest Expected Move — 6.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$181.58$172.02$191.74$189.34$172.02
Max Pain$190.91$180.00$230.00$230.00$180.00
ATM IV20.0%18.2%22.4%20.0%21.9%
Expected Move5.7%5.2%6.4%5.7%6.3%
HV 20d30.5%15.0%43.9%42.8%17.7%
HV 60d28.6%28.1%28.9%28.4%28.1%
IV Rank20.1%9.4%34.6%20.6%31.7%
IV Percentile36.5%10.3%67.1%35.3%62.3%
Term Structure2.2%-1.0%3.3%-0.6%3.1%
VWIV20.3%18.1%23.6%20.4%23.6%
Skew 25d2.5%1.5%3.5%2.4%2.3%
Skew 10d5.3%2.3%7.0%2.3%5.0%
Call IV 25d19.0%17.4%21.2%19.9%21.2%
Put IV 25d21.6%19.9%23.6%22.3%23.5%
Bid-Ask Spread %32.7515.7882.1876.0717.21
Gamma HHI0.200.140.290.260.14
Net GEX-5.3M-7.9M-2.4M-7.5M-3.4M
Net DEX162.4M120.2M191.0M191.0M131.3M
Net VEX-432.2K-491.5K-344.8K-461.3K-394.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.240.243.031.132.28
Total Volume3,808.8641,5956,2614,4721,972
Total OI23,693.68217,41227,22925,00520,112

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-05-01$189.34$230.0020.0%5.7%42.8%20.6%20.4%2.4%-0.6%-7.5M191.0M-461.3K1.1376.07N/AN/A2,1032,3699,55815,447
2017-05-02$190.76$230.0019.7%5.6%43.2%18.3%20.1%3.5%-1.0%-7.7M187.9M-476.5K1.2382.18N/AN/A1,9952,4599,67715,608
2017-05-03$191.74$230.0019.7%5.6%43.5%18.4%20.0%3.0%-0.6%-7.9M184.3M-491.5K1.5627.02N/AN/A2,1783,3959,76015,825
2017-05-04$187.42$190.0020.5%5.7%43.4%23.2%20.4%3.0%1.9%-6.9M180.4M-439.0K1.2341.75N/AN/A1,9962,4619,92814,944
2017-05-05$188.89$190.0018.5%5.4%43.9%11.3%19.5%2.6%2.0%-7.4M169.5M-463.4K0.3329.82N/AN/A1,9676519,97914,872
2017-05-08$188.62$190.0019.4%5.4%43.9%16.8%19.8%2.4%2.4%-7.5M169.8M-457.4K0.3118.51N/AN/A1,97760510,05814,877
2017-05-09$187.18$190.0019.1%5.4%43.7%15.2%18.7%1.8%2.8%-7.3M175.1M-445.6K1.7423.93N/AN/A2,0383,54410,14414,972
2017-05-10$187.67$190.0018.2%5.2%43.8%9.4%18.3%2.3%2.9%-6.9M171.4M-455.3K1.1619.06N/AN/A2,0042,32210,26015,402
2017-05-11$187.43$190.0019.0%5.5%43.6%14.5%18.1%2.4%2.7%-7.0M174.1M-453.0K0.6217.84N/AN/A2,0391,25610,29915,484
2017-05-12$184.66$190.0018.5%5.3%43.6%11.1%18.6%2.7%2.8%-5.8M179.4M-433.9K0.4615.78N/AN/A2,14999210,45315,366
2017-05-15$181.31$185.0019.1%5.5%43.5%15.2%18.8%2.9%3.0%-5.1M189.4M-397.8K0.2421.55N/AN/A3,47583310,61815,324
2017-05-16$179.33$185.0019.3%5.5%15.0%16.3%19.3%3.0%2.9%-4.1M187.0M-386.9K0.6516.52N/AN/A2,7481,77811,05015,334
2017-05-17$175.01$185.0020.8%6.0%16.5%25.4%21.6%3.4%2.3%-4.2M167.8M-344.8K0.7342.05N/AN/A2,7512,01911,05113,659
2017-05-18$173.74$185.0021.0%6.0%16.3%26.4%22.4%2.9%2.2%-4.5M173.4M-358.8K1.4838.36N/AN/A2,5263,73511,33314,177
2017-05-19$174.57$180.0020.3%5.8%16.7%22.0%20.3%2.3%2.8%-4.8M172.6M-411.5K0.9154.75N/AN/A2,4002,18311,59215,637
2017-05-22$178.27$180.0019.5%5.6%18.5%17.6%20.1%1.5%2.8%-4.6M129.3M-431.9K0.7729.28N/AN/A2,9512,2843,77713,635
2017-05-23$176.57$180.0021.1%6.1%18.4%27.1%21.1%2.2%2.5%-2.5M126.8M-463.6K2.7823.81N/AN/A7212,0046,21313,915
2017-05-24$177.18$180.0020.6%5.9%18.3%24.0%20.5%2.3%2.7%-2.4M120.2M-461.7K3.0335.96N/AN/A6381,9356,24313,658
2017-05-25$176.67$180.0020.4%5.9%18.3%23.0%20.2%2.2%2.9%-2.6M122.3M-456.1K2.0743.70N/AN/A9902,0456,28113,761
2017-05-26$173.87$180.0019.8%5.7%18.8%19.2%21.7%2.2%3.3%-3.0M132.8M-421.2K1.3826.18N/AN/A7199936,67413,789
2017-05-30$172.45$180.0022.4%6.4%18.3%34.6%23.0%2.7%2.0%-3.3M137.3M-403.2K1.0919.20N/AN/A7628336,75613,759
2017-05-31$172.02$180.0021.9%6.3%17.7%31.7%23.6%2.3%3.1%-3.4M131.3M-394.1K2.2817.21N/AN/A6011,3716,75513,357