GWW Options History — October 2019

In October 2019, GWW traded between $282.69 and $318.64. ATM implied volatility averaged 34.0%, placing in the 40.6% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded above realized volatility by 6.6% (HV 20d: 27.3%). Max pain ranged from $270.00 to $300.00. Net GEX was positive for 8 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 1.30.

Notable Days

  • 2019-10-22: Highest Volume — 4,046 contracts
  • 2019-10-23: Largest IV drop — 32.9% change
  • 2019-10-09: Highest IV Rank — 63.3%
  • 2019-10-08: Largest Expected Move — 11.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$303.29$282.69$318.64$285.68$308.51
Max Pain$287.39$270.00$300.00$280.00$300.00
ATM IV34.0%22.2%42.2%39.6%22.8%
Expected Move9.4%6.5%11.5%8.5%6.6%
HV 20d27.3%20.3%31.1%24.6%27.9%
HV 60d30.4%25.6%34.6%33.0%25.6%
IV Rank40.6%4.1%63.3%55.6%6.1%
IV Percentile60.9%4.4%89.7%87.7%7.5%
Term Structure-1.3%-4.1%0.5%0.0%0.0%
VWIV33.2%22.7%43.1%29.2%22.7%
Skew 25d4.8%2.5%8.5%8.5%3.1%
Skew 10d9.1%5.3%19.3%14.8%6.5%
Call IV 25d31.9%21.1%41.4%35.5%21.3%
Put IV 25d36.7%23.7%47.0%44.1%24.4%
Bid-Ask Spread %41.7526.8358.8427.8635.04
Gamma HHI0.100.050.610.070.07
Net GEX104.9K-2.5M12.7M-1.3M-2.4M
Net DEX-1.3M-49.3M49.6M41.9M17.7M
Net VEX-840.5K-868.2K-806.7K-839.0K-822.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.300.273.330.621.34
Total Volume858.6521454,046993511
Total OI18,594.21715,81221,43617,79517,979

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-10-01$285.68$280.0039.6%8.5%24.6%55.6%29.2%8.5%0.0%-1.3M41.9M-839.0K0.6227.86N/AN/A6123816,95110,844
2019-10-02$287.91$280.0040.2%8.7%24.5%57.5%30.2%6.2%-0.8%-1.1M37.0M-861.4K1.9326.83N/AN/A2504837,15211,029
2019-10-03$287.84$270.0040.1%10.5%21.9%57.0%36.5%7.5%-1.0%-751.0K38.2M-863.7K0.8644.68N/AN/A78677,33111,197
2019-10-04$291.25$270.0038.6%10.3%22.2%52.6%37.2%5.4%-1.3%-166.4K21.8M-857.5K1.3041.75N/AN/A3394417,33411,068
2019-10-07$289.50$270.0039.5%10.5%20.3%55.3%36.9%6.4%-2.4%-1.2M30.9M-868.2K0.2742.38N/AN/A191517,14011,022
2019-10-08$282.69$270.0042.2%11.5%21.3%63.3%39.3%7.2%-1.5%-1.4M49.6M-862.1K1.6443.63N/AN/A1101807,31511,060
2019-10-09$284.51$280.0042.2%11.4%20.8%63.3%36.6%6.1%-2.5%-1.0M44.6M-854.8K1.9849.84N/AN/A1563097,36911,036
2019-10-10$288.08$280.0041.6%11.1%21.4%61.7%41.5%6.1%-4.1%-758.4K30.4M-864.6K2.4146.04N/AN/A2475957,47611,099
2019-10-11$306.47$280.0042.0%11.4%30.9%62.9%43.1%5.6%-4.1%-125.4K-37.7M-849.1K1.2958.84N/AN/A6808757,62411,470
2019-10-14$305.97$290.0037.9%10.6%30.9%56.1%38.8%4.6%-1.0%263.5K-26.7M-844.4K1.1853.46N/AN/A2212617,52510,967
2019-10-15$308.00$290.0036.3%10.2%30.5%50.6%37.1%4.5%-1.2%792.0K-36.3M-838.1K0.6954.97N/AN/A4613177,63911,084
2019-10-16$308.16$290.0036.3%10.4%30.5%50.9%38.3%4.4%-1.8%1.4M-39.5M-840.5K3.3356.09N/AN/A832767,98211,271
2019-10-17$311.06$290.0035.8%10.4%30.6%49.0%36.7%4.5%-2.1%2.5M-49.3M-835.8K1.1953.54N/AN/A981178,01811,187
2019-10-18$309.93$290.0035.6%10.4%30.5%48.6%36.0%4.5%-2.1%12.7M-46.3M-826.6K1.6248.23N/AN/A2874648,03911,252
2019-10-21$316.19$290.0036.1%11.0%31.1%50.1%37.0%5.2%-1.5%-237.9K-22.9M-806.7K0.4328.22N/AN/A1,1815056,1619,651
2019-10-22$318.64$290.0036.6%11.3%30.0%51.8%39.1%4.0%-1.6%688.4K-32.9M-838.1K1.1133.65N/AN/A1,9172,1297,32110,050
2019-10-23$312.85$300.0024.6%7.1%30.8%12.0%26.5%3.2%-0.7%430.5K-13.5M-837.9K1.3935.89N/AN/A1,1611,6158,57911,742
2019-10-24$315.64$300.0023.8%6.8%30.8%9.5%25.2%2.5%-0.8%1.3M-19.4M-824.0K1.5136.34N/AN/A2623958,85012,477
2019-10-25$317.67$300.0022.7%6.5%30.9%5.8%23.8%2.8%-0.9%-78.0K-29.5M-828.9K0.6533.93N/AN/A3722418,92012,516
2019-10-28$316.62$300.0022.2%6.7%30.9%4.2%24.2%2.7%0.3%-2.2M-6.3M-824.0K1.3634.87N/AN/A1341826,73010,717
2019-10-29$312.94$300.0022.2%6.9%27.3%4.1%24.9%2.9%0.5%-2.5M4.5M-822.4K1.0336.65N/AN/A1021056,80310,894
2019-10-30$309.65$300.0022.4%6.7%27.8%5.0%23.7%2.9%-0.1%-2.4M13.6M-822.0K0.7437.58N/AN/A1761316,84610,950
2019-10-31$308.51$300.0022.8%6.6%27.9%6.1%22.7%3.1%0.0%-2.4M17.7M-822.3K1.3435.04N/AN/A2182936,96911,010