GWW Options History — June 2020

In June 2020, GWW traded between $293.34 and $328.15. ATM implied volatility averaged 34.5%, placing in the 25.6% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 1.3% (HV 20d: 33.3%). Max pain ranged from $280.00 to $310.00. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 1.49.

Notable Days

  • 2020-06-23: Highest Volume — 1,602 contracts
  • 2020-06-08: Largest IV spike — 38.8% change
  • 2020-06-12: Highest IV Rank — 35.3%
  • 2020-06-12: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$309.08$293.34$328.15$305.47$312.57
Max Pain$304.09$280.00$310.00$280.00$310.00
ATM IV34.5%27.0%39.8%33.1%32.5%
Expected Move9.7%7.7%11.4%8.8%9.3%
HV 20d33.3%28.7%37.4%33.9%30.9%
HV 60d49.1%38.4%63.5%63.4%39.2%
IV Rank25.6%11.9%35.3%23.1%21.8%
IV Percentile63.8%38.1%83.3%57.1%47.6%
Term Structure1.8%-2.1%5.3%-0.8%5.2%
VWIV33.4%26.7%39.5%33.4%29.5%
Skew 25d7.4%5.6%10.9%7.0%7.3%
Skew 10d13.1%10.0%17.7%12.0%14.7%
Call IV 25d30.1%23.8%35.4%28.3%28.1%
Put IV 25d37.5%29.8%46.3%35.3%35.4%
Bid-Ask Spread %83.6752.0589.8883.9889.88
Gamma HHI0.110.080.160.090.13
Net GEX-77.5K-1.4M1.9M242.8K-935.4K
Net DEX-2.1M-35.5M30.1M-5.2M5.0M
Net VEX-496.7K-538.4K-459.1K-482.2K-513.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.490.0810.370.430.08
Total Volume352.409381,602191157
Total OI9,476.0458,6069,8398,6069,695

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-06-01$305.47$280.0033.1%8.8%33.9%23.1%33.4%7.0%-0.8%242.8K-5.2M-482.2K0.4383.98N/AN/A134573,4545,152
2020-06-02$314.48$280.0033.0%9.1%34.8%22.7%29.3%7.1%-1.3%451.4K-17.6M-474.2K0.1082.28N/AN/A884843,5315,182
2020-06-03$317.65$280.0029.5%8.9%33.6%16.5%29.7%6.3%0.9%1.4M-25.1M-478.1K0.5482.77N/AN/A2351274,2965,250
2020-06-04$315.12$300.0030.6%8.6%34.0%18.4%29.2%6.3%-0.3%970.3K-19.9M-478.7K0.9682.81N/AN/A7387094,2755,319
2020-06-05$321.70$300.0027.0%7.7%34.3%11.9%26.7%6.1%0.1%1.9M-30.8M-469.0K0.4552.05N/AN/A2371064,2985,328
2020-06-08$327.94$300.0037.5%8.7%34.6%31.1%30.8%6.9%1.2%1.6M-35.5M-461.8K0.4385.53N/AN/A219954,0015,193
2020-06-09$328.15$300.0032.5%8.8%34.6%21.9%32.0%6.8%1.7%1.3M-34.1M-459.1K4.4382.31N/AN/A1366023,9415,249
2020-06-10$321.96$310.0031.3%9.0%33.5%19.7%30.7%6.8%2.0%801.8K-22.0M-490.8K0.3885.27N/AN/A79304,0025,837
2020-06-11$307.71$310.0036.4%10.4%36.6%29.0%35.3%9.8%-1.3%-231.3K756.1K-503.3K0.6681.67N/AN/A89593,9545,851
2020-06-12$302.44$310.0039.8%11.4%37.2%35.3%39.5%10.9%-2.1%-497.4K7.7M-508.3K0.9784.79N/AN/A60583,9435,857
2020-06-15$301.29$310.0038.1%10.9%37.4%32.2%37.9%9.3%0.0%-376.9K6.5M-500.1K1.8283.24N/AN/A33603,7375,767
2020-06-16$309.34$310.0036.6%10.5%34.3%29.5%39.4%8.3%0.0%-221.9K-4.1M-492.9K1.2985.90N/AN/A38493,7445,779
2020-06-17$310.75$310.0036.9%10.6%33.9%29.9%39.0%8.3%0.4%-228.8K-5.0M-494.6K0.7183.52N/AN/A131933,7415,797
2020-06-18$304.93$310.0036.9%10.6%33.5%29.9%31.4%7.1%2.0%-268.5K1.5M-492.0K0.2385.05N/AN/A3173,7855,809
2020-06-19$303.75$310.0035.0%10.0%33.5%26.5%35.3%7.7%4.7%-365.1K2.7M-490.6K1.5985.19N/AN/A34543,8105,808
2020-06-22$303.43$310.0034.9%10.0%33.4%26.3%39.1%7.2%4.5%-720.1K9.7M-480.4K10.3786.53N/AN/A303113,1945,506
2020-06-23$302.30$310.0033.7%9.7%30.5%24.1%28.6%6.5%5.3%-1.2M18.7M-538.4K1.7287.55N/AN/A5881,0143,2126,423
2020-06-24$296.77$310.0035.0%10.0%28.9%26.4%34.9%6.6%4.4%-1.3M26.3M-535.1K0.4487.94N/AN/A71313,2396,428
2020-06-25$295.66$310.0036.8%9.8%28.7%29.8%36.9%7.3%4.8%-1.3M26.9M-533.7K2.6088.12N/AN/A15393,2806,443
2020-06-26$293.34$310.0037.5%10.8%28.7%31.1%33.9%5.6%3.0%-1.4M30.1M-529.0K2.3187.97N/AN/A26603,2836,452
2020-06-29$302.97$310.0035.0%10.0%30.7%26.4%32.3%6.7%5.3%-1.2M17.2M-522.1K0.4086.50N/AN/A102413,2096,419
2020-06-30$312.57$310.0032.5%9.3%30.9%21.8%29.5%7.3%5.2%-935.4K5.0M-513.6K0.0889.88N/AN/A146113,2726,423