GWW Options History — August 2019

In August 2019, GWW traded between $263.38 and $277.77. ATM implied volatility averaged 28.1%, placing in the 21.5% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded below realized volatility by 11.6% (HV 20d: 39.8%). Max pain ranged from $270.00 to $290.00. Net GEX was positive for 3 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.97.

Notable Days

  • 2019-08-12: Highest Volume — 1,236 contracts
  • 2019-08-05: Largest IV spike — 17.3% change
  • 2019-08-05: Highest IV Rank — 33.1%
  • 2019-08-14: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$270.73$263.38$277.77$277.77$273.51
Max Pain$274.55$270.00$290.00$280.00$270.00
ATM IV28.1%25.1%32.0%26.6%25.2%
Expected Move8.0%7.2%9.0%8.1%7.2%
HV 20d39.8%26.0%46.9%44.6%26.0%
HV 60d31.4%30.8%32.1%31.5%31.1%
IV Rank21.5%12.3%33.1%17.0%12.7%
IV Percentile46.4%27.4%63.1%42.5%27.4%
Term Structure-0.2%-2.3%0.6%-0.3%-0.1%
VWIV27.9%24.2%32.3%29.4%24.2%
Skew 25d4.4%3.3%6.3%3.5%4.0%
Skew 10d9.1%7.5%11.5%9.0%8.8%
Call IV 25d26.2%23.3%29.1%25.6%23.3%
Put IV 25d30.6%27.3%34.6%29.1%27.3%
Bid-Ask Spread %43.8127.2959.4538.0533.36
Gamma HHI0.110.080.270.080.09
Net GEX-1.2M-3.1M1.6M-1.7M702.2K
Net DEX44.6M23.4M67.7M45.4M23.4M
Net VEX-835.9K-874.8K-803.6K-867.9K-809.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.970.164.911.470.60
Total Volume513.6821291,2361,102314
Total OI17,557.54515,98320,14119,90016,699

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$277.77$280.0026.6%8.1%44.6%17.0%29.4%3.5%-0.3%-1.7M45.4M-867.9K1.4738.05N/AN/A4466567,88912,011
2019-08-02$276.86$280.0027.3%8.1%44.6%19.0%29.9%3.8%-2.3%-2.2M47.6M-874.8K1.6638.75N/AN/A2654417,96912,172
2019-08-05$269.81$290.0032.0%8.7%45.5%33.1%32.3%5.6%-0.6%-2.3M62.8M-864.5K1.5259.45N/AN/A2423677,41710,713
2019-08-06$268.40$290.0029.9%8.3%45.5%26.7%29.7%4.4%-0.0%-2.4M64.0M-843.1K0.8754.79N/AN/A4003497,47010,729
2019-08-07$275.01$280.0030.2%8.2%44.6%27.6%29.7%3.9%-0.8%-747.5K45.4M-861.2K0.6056.70N/AN/A3091847,76810,677
2019-08-08$276.36$280.0027.4%7.8%44.4%19.4%28.1%3.3%-0.1%-192.7K42.0M-851.4K0.3957.98N/AN/A5682217,73710,673
2019-08-09$270.07$280.0028.1%8.1%44.6%21.3%27.4%3.7%0.5%-3.1M57.1M-837.4K0.3956.59N/AN/A3791487,85410,769
2019-08-12$263.38$280.0031.6%8.8%45.3%31.9%29.0%6.0%-0.4%-2.6M67.7M-822.4K0.7654.58N/AN/A7035336,98410,397
2019-08-13$268.26$270.0028.6%8.0%45.8%22.7%27.7%4.1%-0.7%-1.5M49.8M-847.9K1.5556.10N/AN/A1842857,51710,537
2019-08-14$264.41$270.0031.1%9.0%45.7%30.2%29.0%6.3%0.2%-2.1M59.1M-837.8K0.6558.17N/AN/A2211447,55010,515
2019-08-15$264.79$270.0030.8%8.8%45.7%29.5%29.1%5.4%0.1%-2.3M57.8M-836.6K0.9255.15N/AN/A2212037,57510,489
2019-08-16$270.33$270.0027.3%7.7%46.3%18.9%29.1%5.1%-0.4%1.6M40.5M-843.7K0.5150.81N/AN/A122627,75510,382
2019-08-19$275.90$270.0025.5%7.3%46.9%13.7%25.4%4.4%-0.0%-807.5K28.1M-827.3K0.6131.56N/AN/A1801106,5999,384
2019-08-20$272.91$270.0025.9%7.4%45.7%14.8%25.8%4.2%0.2%-1.1M35.2M-826.2K0.1631.17N/AN/A517836,6709,464
2019-08-21$275.18$270.0025.1%7.2%32.0%12.3%24.9%4.2%0.4%-407.1K24.5M-838.3K0.4727.29N/AN/A143677,0719,510
2019-08-22$273.21$270.0026.6%7.7%31.8%17.0%26.8%4.6%-0.5%-633.1K29.8M-846.2K0.5231.93N/AN/A2931517,1059,546
2019-08-23$266.67$270.0028.8%8.3%32.4%23.5%29.3%4.7%-0.2%-1.3M46.0M-823.2K4.9135.87N/AN/A1416937,3309,577
2019-08-26$266.65$270.0028.9%8.3%31.2%23.8%27.9%4.2%-0.2%-1.1M42.7M-813.4K0.6536.08N/AN/A78517,1569,202
2019-08-27$265.60$270.0028.9%8.3%30.2%23.7%27.4%4.1%0.2%-1.1M45.9M-803.6K1.5832.95N/AN/A1131787,2309,240
2019-08-28$268.07$270.0028.0%8.0%30.5%21.1%26.6%4.3%0.6%-823.4K39.3M-803.9K0.2731.72N/AN/A134367,2709,164
2019-08-29$272.94$270.0025.4%7.2%26.0%13.3%25.1%3.5%0.4%290.7K26.2M-810.6K0.3034.75N/AN/A281857,3169,184
2019-08-30$273.51$270.0025.2%7.2%26.0%12.7%24.2%4.0%-0.1%702.2K23.4M-809.1K0.6033.36N/AN/A1961187,4689,231