GWW Options History — October 2020

In October 2020, GWW traded between $349.11 and $389.18. ATM implied volatility averaged 30.8%, placing in the 18.8% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded above realized volatility by 7.2% (HV 20d: 23.7%). Max pain ranged from $310.00 to $370.00. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 4.21.

Notable Days

  • 2020-10-08: Highest Volume — 763 contracts
  • 2020-10-12: Largest IV spike — 22.1% change
  • 2020-10-19: Highest IV Rank — 32.4%
  • 2020-10-19: Largest Expected Move — 11.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$371.15$349.11$389.18$356.91$349.11
Max Pain$360.00$310.00$370.00$310.00$360.00
ATM IV30.8%24.6%38.3%25.2%34.7%
Expected Move9.6%7.1%11.0%7.2%9.9%
HV 20d23.7%20.5%26.6%26.4%24.3%
HV 60d21.4%20.8%22.1%20.8%22.0%
IV Rank18.8%7.4%32.4%8.5%25.9%
IV Percentile51.5%25.0%83.3%27.0%69.8%
Term Structure-1.5%-6.6%12.0%10.5%-1.1%
VWIV34.0%22.6%39.9%29.9%34.7%
Skew 25d5.3%2.0%7.9%6.3%2.0%
Skew 10d11.4%4.4%22.3%15.6%5.8%
Call IV 25d31.0%22.4%37.0%23.4%32.3%
Put IV 25d36.4%27.8%41.7%29.7%34.3%
Bid-Ask Spread %76.9667.8891.3591.3579.91
Gamma HHI0.090.070.130.090.09
Net GEX444.2K-622.3K1.8M155.1K-622.3K
Net DEX-44.4M-79.5M-4.4M-36.4M-4.4M
Net VEX-421.6K-517.3K-333.6K-364.4K-515.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.210.1527.006.822.42
Total Volume202.2732076317241
Total OI10,456.0459,42311,2309,42310,698

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$356.91$310.0025.2%7.2%26.4%8.5%29.9%6.3%10.5%155.1K-36.4M-364.4K6.8291.35N/AN/A221502,9246,499
2020-10-02$360.29$330.0024.7%7.1%24.1%7.6%22.6%5.4%12.0%174.3K-40.1M-365.4K27.0087.07N/AN/A41082,9356,649
2020-10-05$371.95$360.0025.6%10.3%26.6%9.2%36.3%6.3%-2.6%534.0K-52.4M-343.8K6.9473.32N/AN/A312152,9376,755
2020-10-06$369.11$360.0026.3%10.6%25.2%10.6%34.8%6.2%-4.1%504.7K-49.4M-361.5K1.4367.88N/AN/A831192,9526,961
2020-10-07$376.08$360.0024.6%10.2%23.9%7.4%34.6%5.8%-4.0%771.4K-56.7M-358.8K0.8970.29N/AN/A106943,0027,071
2020-10-08$386.17$360.0028.6%10.6%22.7%14.7%36.6%3.8%-3.9%1.0M-71.2M-333.6K0.1568.64N/AN/A664993,1127,086
2020-10-09$385.44$360.0026.7%10.1%22.7%11.3%34.3%4.1%-3.4%1.5M-75.1M-390.3K1.3972.89N/AN/A851183,6497,159
2020-10-12$389.18$360.0032.6%10.1%22.8%22.1%39.9%5.7%-5.0%1.5M-79.5M-376.8K0.6974.04N/AN/A1721193,7017,257
2020-10-13$384.83$370.0030.0%10.6%23.4%17.3%35.6%5.7%-4.3%1.6M-72.7M-388.7K4.2174.10N/AN/A381603,7947,298
2020-10-14$387.16$370.0036.1%10.4%23.4%28.5%37.3%6.4%-6.0%1.8M-75.1M-386.0K3.2475.45N/AN/A17553,7927,324
2020-10-15$386.10$370.0035.4%10.1%23.1%27.2%33.7%6.0%-4.1%1.6M-75.0M-380.2K1.2773.99N/AN/A33423,7917,358
2020-10-16$384.16$370.0035.5%10.2%23.0%27.4%39.0%5.2%-3.3%650.5K-72.0M-393.9K6.2276.29N/AN/A181123,8137,417
2020-10-19$375.56$370.0038.3%11.0%21.6%32.4%35.9%7.9%-6.6%229.8K-40.7M-406.5K3.3978.06N/AN/A662242,9896,751
2020-10-20$376.78$370.0038.1%10.9%21.5%32.1%38.5%4.8%-4.5%209.0K-40.8M-433.3K5.3570.34N/AN/A522783,0507,011
2020-10-21$375.51$370.0036.1%10.4%20.5%28.5%37.8%5.1%-2.8%130.9K-36.3M-478.6K7.8173.64N/AN/A735703,0827,283
2020-10-22$362.65$370.0028.2%8.1%24.9%14.0%26.3%4.0%1.0%-222.0K-22.7M-478.7K0.7986.53N/AN/A1821433,1167,536
2020-10-23$361.02$360.0027.4%7.9%24.5%12.6%29.3%5.4%1.3%-229.3K-20.6M-495.2K5.5080.85N/AN/A8443,0567,569
2020-10-26$360.42$360.0029.0%8.3%23.9%15.6%31.9%4.9%0.5%-308.4K-18.6M-498.1K2.5779.21N/AN/A7183,0587,589
2020-10-27$359.68$360.0029.1%8.3%23.9%15.7%29.9%4.7%0.9%-292.2K-18.2M-498.5K0.2578.30N/AN/A1643,0607,593
2020-10-28$355.61$360.0033.4%9.6%24.2%23.4%35.3%5.8%-1.4%-432.8K-12.3M-511.1K2.1082.06N/AN/A10213,0617,612
2020-10-29$351.63$360.0033.1%9.5%24.5%22.9%34.7%6.3%-1.8%-573.8K-7.1M-517.3K2.2279.00N/AN/A9203,0647,619
2020-10-30$349.11$360.0034.7%9.9%24.3%25.9%34.7%2.0%-1.1%-622.3K-4.4M-515.2K2.4279.91N/AN/A12293,0687,630