GWW Options History — October 2017

In October 2017, GWW traded between $172.36 and $209.32. ATM implied volatility averaged 40.2%, placing in the 58.5% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 6.5% (HV 20d: 33.7%). Max pain ranged from $180.00 to $195.00. Net GEX was positive for 13 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 1.15.

Notable Days

  • 2017-10-17: Highest Volume — 37,597 contracts
  • 2017-10-11: Largest IV drop — 36.1% change
  • 2017-10-02: Highest IV Rank — 100.0%
  • 2017-10-04: Largest Expected Move — 14.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$190.92$172.36$209.32$182.00$197.72
Max Pain$186.59$180.00$195.00$180.00$195.00
ATM IV40.2%29.1%61.1%47.4%34.5%
Expected Move10.8%8.4%14.3%13.6%11.3%
HV 20d33.7%13.2%53.5%15.6%53.5%
HV 60d29.5%21.5%35.2%26.9%35.1%
IV Rank58.5%27.4%100.0%100.0%39.5%
IV Percentile94.4%85.7%100.0%100.0%91.3%
Term Structure-5.5%-14.2%-1.2%-12.1%-1.3%
VWIV38.5%31.8%49.0%46.2%39.1%
Skew 25d4.8%3.5%6.3%3.5%6.3%
Skew 10d9.9%7.3%13.6%7.8%11.1%
Call IV 25d34.9%28.9%47.5%46.1%32.5%
Put IV 25d39.6%32.9%52.4%49.7%38.8%
Bid-Ask Spread %25.3311.8753.3441.0921.27
Gamma HHI0.130.100.190.120.11
Net GEX800.3K-7.8M12.4M2.2M-7.8M
Net DEX-136.4M-649.0M50.9M-67.7M-90.7K
Net VEX-937.3K-1.2M-730.5K-881.2K-1.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.150.132.790.160.57
Total Volume10,278.6362,44537,59711,8266,128
Total OI58,944.68244,11687,44146,19764,590

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-10-02$182.00$180.0047.4%13.6%15.6%100.0%46.2%3.5%-12.1%2.2M-67.7M-881.2K0.1641.09N/AN/A10,1561,67021,98724,210
2017-10-03$182.21$180.0048.4%13.9%13.7%100.0%48.2%4.5%-12.5%648.0K-51.0M-832.4K1.3245.67N/AN/A1,4071,85219,77924,337
2017-10-04$180.67$180.0050.0%14.3%14.1%100.0%49.0%4.9%-14.2%82.5K-33.4M-831.2K1.4453.34N/AN/A1,0631,52920,03424,869
2017-10-05$182.07$185.0051.4%10.4%13.2%100.0%37.9%4.5%-5.7%359.0K-47.1M-835.0K1.2415.74N/AN/A1,0911,35420,15725,094
2017-10-06$179.76$185.0053.2%10.5%14.2%100.0%37.7%4.7%-5.3%-314.7K-20.7M-825.8K1.0917.37N/AN/A1,2501,36720,13725,212
2017-10-09$177.67$185.0057.5%10.7%15.2%100.0%38.8%4.9%-5.7%-950.2K7.6M-775.9K1.4616.53N/AN/A1,1881,73020,25725,399
2017-10-10$173.68$185.0061.1%11.0%17.7%100.0%36.8%4.7%-6.2%-2.0M50.9M-761.4K0.1316.90N/AN/A14,6311,85320,43225,699
2017-10-11$172.36$185.0039.0%11.2%17.4%49.8%39.5%4.6%-6.7%1.7M40.5M-851.6K0.4011.87N/AN/A6,9562,75629,97526,064
2017-10-12$177.39$185.0038.4%11.0%20.0%48.4%39.7%5.4%-6.5%3.2M-31.2M-866.7K0.8720.84N/AN/A4,9544,31329,78226,713
2017-10-13$180.85$185.0037.5%10.7%20.8%46.3%38.7%5.1%-6.0%4.9M-83.3M-897.7K0.8225.05N/AN/A8,3366,82829,86228,592
2017-10-16$181.89$180.0037.6%10.8%20.6%46.6%38.0%4.8%-5.6%5.9M-113.3M-941.2K1.2738.11N/AN/A13,06316,54733,01733,328
2017-10-17$205.89$180.0029.1%8.4%47.5%27.4%34.5%4.0%-2.1%12.4M-600.3M-730.5K0.7024.96N/AN/A22,12915,46837,18336,730
2017-10-18$208.83$185.0031.0%8.9%47.2%31.6%31.8%4.0%-3.1%9.6M-649.0M-903.8K0.5526.77N/AN/A12,8727,08341,34943,070
2017-10-19$204.30$185.0031.7%9.1%48.4%33.1%32.2%3.9%-3.4%6.2M-500.7M-949.9K1.4720.51N/AN/A2,2743,33638,63646,823
2017-10-20$207.34$185.0030.7%8.8%48.4%31.0%33.8%4.0%-3.7%1.4M-542.3M-941.0K2.5418.07N/AN/A2,0475,19539,29648,145
2017-10-23$209.32$190.0031.2%8.9%48.4%32.0%32.2%4.2%-3.8%755.4K-181.4M-918.0K1.3613.51N/AN/A1,7792,42519,32934,007
2017-10-24$198.64$190.0035.8%10.3%52.9%42.5%37.9%6.3%-5.6%-2.0M-48.8M-1.1M2.7917.08N/AN/A1,6904,71420,01634,777
2017-10-25$197.32$195.0037.7%10.8%53.0%46.8%39.0%6.3%-7.0%-3.3M-14.1M-1.1M0.8743.83N/AN/A4,0383,53220,38636,172
2017-10-26$201.26$195.0032.0%10.4%53.2%33.9%38.0%3.8%-1.2%-1.9M-69.8M-1.1M2.3729.55N/AN/A2,2825,41320,69636,463
2017-10-27$199.60$195.0033.4%10.7%53.3%37.1%39.2%5.3%-1.2%-6.5M-23.0M-1.2M1.5121.34N/AN/A2,4353,67021,83939,985
2017-10-30$199.41$195.0035.1%11.4%53.3%40.9%38.4%5.5%-1.4%-6.8M-22.8M-1.2M0.3317.75N/AN/A8,8332,89322,29740,058
2017-10-31$197.72$195.0034.5%11.3%53.5%39.5%39.1%6.3%-1.3%-7.8M-90.7K-1.2M0.5721.27N/AN/A3,8912,23724,32640,264