GWW Options History — June 2018

In June 2018, GWW traded between $305.92 and $319.08. ATM implied volatility averaged 30.8%, placing in the 24.2% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 10.1% (HV 20d: 20.6%). Max pain ranged from $280.00 to $300.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.71.

Notable Days

  • 2018-06-22: Highest Volume — 7,141 contracts
  • 2018-06-18: Largest IV spike — 25.2% change
  • 2018-06-25: Highest IV Rank — 50.8%
  • 2018-06-29: Largest Expected Move — 12.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$312.76$305.92$319.08$310.41$309.18
Max Pain$283.57$280.00$300.00$300.00$290.00
ATM IV30.8%21.9%41.4%23.0%40.4%
Expected Move10.6%6.8%12.9%6.8%12.9%
HV 20d20.6%16.2%24.3%24.3%16.2%
HV 60d28.0%26.2%29.2%29.2%26.2%
IV Rank24.2%2.0%50.8%5.7%48.3%
IV Percentile47.2%2.4%91.3%10.7%88.1%
Term Structure1.9%-2.7%12.6%-0.7%-2.7%
VWIV37.3%24.3%46.5%24.3%46.5%
Skew 25d4.4%2.8%6.3%3.2%5.7%
Skew 10d8.9%6.3%12.2%6.5%11.4%
Call IV 25d28.9%20.6%38.6%22.2%38.2%
Put IV 25d33.3%23.6%44.2%25.4%43.8%
Bid-Ask Spread %15.699.0228.2818.8725.27
Gamma HHI0.080.050.290.080.08
Net GEX2.2M-677.2K10.3M-677.2K2.6M
Net DEX-102.0M-140.4M-69.2M-96.5M-89.3M
Net VEX-1.0M-1.2M-863.1K-882.1K-1.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.361.441.440.70
Total Volume5,755.9524,5037,1415,3406,196
Total OI28,523.1924,46133,03625,13933,036

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-06-01$310.41$300.0023.0%6.8%24.3%5.7%24.3%3.2%-0.7%-677.2K-96.5M-882.1K1.4418.87N/AN/A2,1903,1509,63815,501
2018-06-04$312.09$280.0023.0%9.7%22.7%5.7%34.8%3.6%0.5%583.2K-90.3M-881.7K1.3918.50N/AN/A1,8902,6209,24915,212
2018-06-05$314.95$280.0022.5%9.7%22.7%3.3%35.3%3.4%0.6%1.2M-105.4M-863.1K1.3014.91N/AN/A2,0962,7209,32015,520
2018-06-06$309.82$280.0022.8%9.7%23.9%4.1%34.1%3.1%0.8%-55.1K-80.1M-878.8K1.3215.46N/AN/A2,1202,7949,66015,731
2018-06-07$312.41$280.0022.6%9.7%23.6%3.6%33.6%3.2%0.9%235.4K-91.6M-884.3K1.3213.35N/AN/A1,9402,5639,81715,879
2018-06-08$313.83$280.0021.9%9.7%22.8%2.0%33.8%3.0%1.2%802.5K-103.0M-867.7K0.7317.61N/AN/A3,6862,6889,85815,931
2018-06-11$316.41$280.0022.2%9.6%22.1%2.7%34.7%3.1%11.0%2.7M-121.0M-995.4K0.4917.46N/AN/A3,4831,71211,33515,118
2018-06-12$318.58$280.0022.3%9.8%22.0%2.8%33.4%3.0%11.9%3.3M-131.7M-985.7K0.4513.88N/AN/A4,0271,82111,40115,270
2018-06-13$315.32$280.0022.6%10.0%22.3%3.6%32.9%2.8%12.3%2.4M-118.4M-1.0M0.3612.09N/AN/A4,8451,76211,81015,370
2018-06-14$317.39$280.0024.4%9.8%21.4%8.1%36.2%3.6%12.6%4.3M-132.2M-1.0M0.5312.76N/AN/A3,5091,86214,00515,445
2018-06-15$319.08$280.0027.2%10.0%21.4%15.1%33.7%3.6%12.6%10.3M-140.4M-1.0M0.4818.58N/AN/A4,5882,18613,15115,577
2018-06-18$315.33$280.0034.1%10.6%22.0%32.3%37.8%5.1%-2.1%2.7M-117.2M-1.1M0.4112.46N/AN/A4,0151,65214,69714,532
2018-06-19$312.15$280.0037.6%11.1%20.9%41.1%40.0%5.6%-2.3%1.7M-101.1M-1.1M0.4011.81N/AN/A3,9521,59614,80214,873
2018-06-20$316.58$280.0038.4%11.0%19.1%43.3%38.2%6.2%-2.4%2.0M-120.2M-1.2M0.3911.37N/AN/A4,1971,64814,91515,057
2018-06-21$312.60$280.0039.4%11.4%19.4%45.7%39.0%5.7%-2.6%1.7M-101.0M-1.1M0.3817.98N/AN/A4,5801,74115,14915,200
2018-06-22$313.28$285.0039.4%11.5%17.4%45.7%40.1%5.9%-2.6%3.2M-103.5M-1.1M0.6228.28N/AN/A4,4012,74015,55015,313
2018-06-25$305.92$290.0041.4%12.4%19.4%50.8%42.5%6.3%-1.9%1.3M-69.2M-1.1M0.4613.37N/AN/A4,1781,92915,45715,015
2018-06-26$307.17$290.0039.8%12.1%17.5%46.8%43.2%5.1%-1.9%1.7M-76.7M-1.1M0.559.02N/AN/A3,9132,13316,00015,118
2018-06-27$307.23$290.0040.6%12.6%16.2%48.6%43.0%6.0%-2.2%1.9M-75.4M-1.1M0.5312.17N/AN/A3,9582,09216,34815,469
2018-06-28$308.30$290.0040.5%12.7%16.2%48.5%46.0%5.3%-2.4%2.2M-78.4M-1.2M0.5814.28N/AN/A3,6182,08416,71615,942
2018-06-29$309.18$290.0040.4%12.9%16.2%48.3%46.5%5.7%-2.7%2.6M-89.3M-1.2M0.7025.27N/AN/A3,6372,55916,99916,037