GWW Options History — June 2017

In June 2017, GWW traded between $169.44 and $181.28. ATM implied volatility averaged 25.6%, placing in the 54.0% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 4.9% (HV 20d: 20.6%). Max pain ranged from $180.00 to $200.00. Net GEX was positive for 5 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 1.07.

Notable Days

  • 2017-06-12: Highest Volume — 11,367 contracts
  • 2017-06-12: Largest IV spike — 29.7% change
  • 2017-06-12: Highest IV Rank — 79.8%
  • 2017-06-29: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$175.68$169.44$181.28$173.01$181.28
Max Pain$186.14$180.00$200.00$180.00$180.00
ATM IV25.6%20.7%29.8%21.2%28.1%
Expected Move7.3%5.9%8.5%6.1%8.0%
HV 20d20.6%16.4%23.4%17.8%23.4%
HV 60d29.3%27.9%30.7%28.2%30.7%
IV Rank54.0%24.5%79.8%27.6%69.1%
IV Percentile84.2%43.7%98.8%52.0%96.0%
Term Structure-1.6%-4.4%3.0%2.6%-1.2%
VWIV25.8%21.3%29.8%22.9%28.4%
Skew 25d3.0%2.1%4.8%2.4%4.8%
Skew 10d6.2%4.0%9.0%4.3%9.0%
Call IV 25d24.4%20.9%27.8%20.9%27.5%
Put IV 25d27.4%22.9%32.3%23.4%32.3%
Bid-Ask Spread %23.7611.7246.9315.0546.93
Gamma HHI0.170.140.330.140.16
Net GEX-932.5K-3.3M6.1M-3.2M-628.6K
Net DEX100.0M54.3M138.2M127.0M69.0M
Net VEX-453.5K-504.2K-353.2K-395.7K-504.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.070.162.232.041.01
Total Volume2,555.3641,04511,3671,8201,160
Total OI22,266.54520,20824,66020,20822,816

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-06-01$173.01$180.0021.2%6.1%17.8%27.6%22.9%2.4%2.6%-3.2M127.0M-395.7K2.0415.05N/AN/A5991,2216,90813,300
2017-06-02$172.95$180.0020.7%5.9%16.6%24.5%21.3%2.1%3.0%-3.3M125.2M-394.0K0.2814.55N/AN/A4,6321,2846,95013,309
2017-06-05$174.06$200.0022.1%6.9%16.4%33.1%24.1%3.0%-1.7%-1.3M123.8M-400.3K1.0316.12N/AN/A1,3891,4267,66513,658
2017-06-06$170.06$200.0022.6%7.0%17.7%35.9%24.3%2.8%-1.8%-2.7M138.2M-368.7K1.2435.90N/AN/A1,0271,2738,30613,631
2017-06-07$169.44$200.0022.6%7.0%17.7%36.0%25.0%2.8%-1.6%-3.1M134.1M-353.2K1.4421.04N/AN/A8321,1998,62813,250
2017-06-08$170.94$200.0022.3%6.9%18.2%34.2%25.1%2.5%-1.7%-2.3M125.7M-374.7K1.1522.63N/AN/A6527478,71813,230
2017-06-09$176.38$200.0023.0%6.8%22.2%38.5%23.4%3.1%-1.3%2.2M98.8M-420.4K0.3221.26N/AN/A3,3471,0738,79113,252
2017-06-12$178.99$185.0029.8%7.2%22.6%79.8%24.8%2.4%-1.4%6.1M54.3M-504.2K0.1639.55N/AN/A9,8191,54811,20013,460
2017-06-13$177.73$185.0028.4%7.2%21.9%71.3%25.0%2.3%-1.8%209.9K87.9M-502.0K0.4925.51N/AN/A2,8511,4019,96814,116
2017-06-14$176.83$185.0024.7%7.1%21.6%48.6%24.8%3.1%-0.6%303.9K98.9M-479.2K1.6834.45N/AN/A8101,36110,00313,999
2017-06-15$177.03$185.0025.8%7.4%19.7%55.6%26.3%3.0%-2.3%-639.7K97.5M-487.3K2.2331.12N/AN/A6871,53210,04714,207
2017-06-16$179.50$185.0025.1%7.2%20.0%51.0%26.3%3.5%-2.5%13.8K82.0M-494.2K1.2624.84N/AN/A70488710,10314,288
2017-06-19$179.98$185.0025.3%7.2%20.0%52.2%25.6%2.5%-1.2%-1.3M77.7M-501.0K1.1414.07N/AN/A6307217,70312,865
2017-06-20$174.74$185.0025.8%7.4%21.5%55.3%25.5%2.4%-1.7%-1.7M101.2M-455.3K0.9814.17N/AN/A8127937,83312,922
2017-06-21$173.54$180.0026.6%7.6%21.3%60.1%27.1%2.8%-2.0%-1.7M105.7M-454.4K1.2114.56N/AN/A6337658,14213,120
2017-06-22$172.71$180.0026.9%7.7%21.3%61.9%25.6%3.4%-2.7%-1.9M110.9M-453.3K0.4530.31N/AN/A1,6047218,28813,313
2017-06-23$176.27$180.0026.9%7.7%22.6%62.2%27.4%3.6%-2.3%-1.2M94.1M-484.8K1.3213.19N/AN/A5146788,65913,429
2017-06-26$178.01$180.0026.6%7.6%22.1%60.0%27.5%3.3%-2.6%-934.4K84.4M-491.5K1.0311.72N/AN/A6226408,68913,451
2017-06-27$175.24$180.0029.0%8.3%22.7%74.7%29.0%3.4%-3.1%-1.3M98.2M-471.5K1.2016.25N/AN/A6037248,82513,484
2017-06-28$177.04$180.0029.3%8.4%22.9%76.5%29.2%2.7%-3.7%-1.2M88.9M-490.2K0.9516.55N/AN/A5355108,87513,742
2017-06-29$179.31$180.0029.8%8.5%23.2%79.4%29.8%4.2%-4.4%-864.6K76.3M-496.9K1.0343.02N/AN/A6166368,92413,797
2017-06-30$181.28$180.0028.1%8.0%23.4%69.1%28.4%4.8%-1.2%-628.6K69.0M-504.1K1.0146.93N/AN/A5765848,96613,850