GWW Options History — June 2019

In June 2019, GWW traded between $262.13 and $279.27. ATM implied volatility averaged 29.1%, placing in the 24.4% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 5.4% (HV 20d: 23.7%). Max pain ranged from $267.50 to $280.00. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 1.26.

Notable Days

  • 2019-06-14: Highest Volume — 3,306 contracts
  • 2019-06-24: Largest IV spike — 22.7% change
  • 2019-06-26: Highest IV Rank — 50.2%
  • 2019-06-03: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$271.27$262.13$279.27$262.13$268.96
Max Pain$278.13$267.50$280.00$267.50$280.00
ATM IV29.1%24.3%37.8%28.0%36.3%
Expected Move7.4%6.8%8.3%8.3%6.8%
HV 20d23.7%18.7%27.6%26.2%19.2%
HV 60d26.9%25.4%28.1%27.0%25.5%
IV Rank24.4%10.2%50.2%21.1%45.9%
IV Percentile51.0%23.0%79.8%50.0%73.0%
Term Structure2.4%-2.8%11.8%0.6%-2.0%
VWIV25.8%20.8%27.9%27.6%20.8%
Skew 25d3.7%2.5%5.3%4.1%5.3%
Skew 10d7.3%1.9%11.2%6.3%11.2%
Call IV 25d27.5%23.8%35.9%26.1%35.1%
Put IV 25d31.2%26.7%40.8%30.2%40.4%
Bid-Ask Spread %16.708.2327.6917.2222.53
Gamma HHI0.120.070.380.130.21
Net GEX331.2K-7.9M3.6M-2.3M3.6M
Net DEX24.2M-11.4M58.7M58.7M36.2M
Net VEX-838.9K-874.1K-793.2K-857.3K-810.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.260.156.236.231.14
Total Volume1,697.84643,3061,9451,262
Total OI21,685.819,71023,31520,02321,366

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-06-03$262.13$267.5028.0%8.3%26.2%21.1%27.6%4.1%0.6%-2.3M58.7M-857.3K6.2317.22N/AN/A2691,6769,03810,985
2019-06-04$268.68$267.5026.7%7.7%27.6%17.2%27.9%3.2%0.7%-898.3K35.4M-872.4K2.4718.03N/AN/A7641,8909,11212,252
2019-06-05$268.69$267.5026.5%7.6%27.2%16.6%27.7%3.1%0.7%-925.2K35.6M-874.1K2.9017.68N/AN/A6631,9219,24512,424
2019-06-06$266.65$280.0026.2%7.6%27.0%15.7%26.1%2.6%0.8%-1.3M43.1M-859.9K1.6216.30N/AN/A6711,0889,36212,452
2019-06-07$270.74$280.0025.9%7.5%27.2%14.9%25.7%3.3%0.4%-707.6K24.0M-866.1K1.5017.98N/AN/A7301,0939,47512,551
2019-06-10$275.27$280.0026.8%7.4%26.8%17.6%25.3%2.5%-1.1%199.3K11.2M-857.7K0.1918.13N/AN/A1,1562169,12712,215
2019-06-11$274.24$280.0026.6%7.7%24.0%16.8%25.6%4.2%0.2%1.7M9.3M-861.1K0.3116.14N/AN/A7472329,64512,339
2019-06-12$274.40$280.0025.8%7.6%24.0%14.5%27.9%3.1%0.5%2.3M7.9M-850.3K0.6113.38N/AN/A9886039,68812,372
2019-06-13$279.27$280.0024.3%7.0%24.6%10.2%23.9%3.2%0.6%2.8M-11.4M-841.8K1.4717.29N/AN/A1,0011,4759,55712,710
2019-06-14$272.48$280.0026.1%7.4%26.5%15.5%26.6%2.8%-0.4%-7.9M28.8M-835.3K1.0319.84N/AN/A1,6291,6779,62813,381
2019-06-17$272.68$280.0026.9%7.7%25.9%17.9%25.5%3.7%10.4%-63.0K20.6M-840.9K1.0118.66N/AN/A2312339,47312,951
2019-06-18$271.58$280.0026.6%7.6%25.8%17.0%26.9%3.6%10.5%-357.0K26.1M-836.8K1.4315.14N/AN/A3384849,55813,063
2019-06-19$274.90$280.0026.3%7.5%25.9%16.1%26.0%3.5%11.2%642.1K12.3M-835.3K0.4012.87N/AN/A1,0304099,46713,148
2019-06-20$276.81$280.0027.0%7.1%18.7%18.2%25.8%3.2%11.8%2.9M-4.1M-832.9K0.8517.08N/AN/A7936779,87413,197
2019-06-21$275.02$280.0028.7%7.0%19.0%23.0%25.1%2.9%11.3%2.6M91.3K-829.8K0.408.23N/AN/A1,69667810,10913,206
2019-06-24$272.01$280.0035.2%7.2%19.2%42.4%25.4%4.9%-2.2%2.2M22.8M-820.4K0.1513.33N/AN/A1,4412159,12510,585
2019-06-25$267.85$280.0037.2%7.5%20.3%48.4%26.2%5.1%-2.8%1.3M37.7M-807.4K0.3911.12N/AN/A7452899,53010,719
2019-06-26$266.40$280.0037.8%7.4%20.2%50.2%25.6%5.0%-2.5%518.2K45.0M-793.2K0.6215.38N/AN/A6744199,45910,809
2019-06-27$266.68$280.0037.2%7.2%19.7%48.4%23.7%4.6%-1.6%411.2K45.1M-794.2K0.4627.69N/AN/A1,2705839,64510,874
2019-06-28$268.96$280.0036.3%6.8%19.2%45.9%20.8%5.3%-2.0%3.6M36.2M-810.4K1.1422.53N/AN/A59167110,39010,976