GWW Options History — January 2021

In January 2021, GWW traded between $364.74 and $401.05. ATM implied volatility averaged 34.8%, placing in the 23.0% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 13.2% (HV 20d: 21.6%). Max pain ranged from $400.00 to $400.00. Net GEX was positive for 5 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 1.84.

Notable Days

  • 2021-01-15: Highest Volume — 296 contracts
  • 2021-01-11: Largest IV spike — 21.5% change
  • 2021-01-27: Highest IV Rank — 40.5%
  • 2021-01-27: Largest Expected Move — 12.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$388.65$364.74$401.05$393.18$364.74
Max Pain$400.00$400.00$400.00$400.00$400.00
ATM IV34.8%26.2%44.0%33.6%43.0%
Expected Move10.4%9.6%12.6%10.2%12.3%
HV 20d21.6%17.5%25.8%18.3%25.8%
HV 60d24.0%23.4%24.8%24.0%24.1%
IV Rank23.0%6.5%40.5%20.7%38.6%
IV Percentile63.9%18.3%86.5%62.7%85.3%
Term Structure-3.9%-6.5%-1.5%-4.6%-5.8%
VWIV37.5%33.8%44.7%36.7%44.0%
Skew 25d4.2%2.2%6.6%6.0%6.6%
Skew 10d9.0%3.4%22.0%11.0%7.9%
Call IV 25d35.2%30.9%48.3%32.8%41.0%
Put IV 25d39.4%36.0%50.5%38.8%47.6%
Bid-Ask Spread %73.2168.4183.4468.4182.65
Gamma HHI0.090.080.110.090.09
Net GEX-376.0K-1.1M188.8K179.9K-886.9K
Net DEX-17.9M-57.0M25.5M-48.6M25.5M
Net VEX-341.4K-364.3K-324.2K-361.7K-343.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.840.3110.802.900.31
Total Volume108.94724296121127
Total OI7,935.8423,89811,36511,1684,368

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-01-04$393.18$400.0033.6%10.2%18.3%20.7%36.7%6.0%-4.6%179.9K-48.6M-361.7K2.9068.41N/AN/A31903,1628,006
2021-01-05$394.96$400.0032.6%10.0%18.4%18.7%38.5%4.7%-3.4%115.9K-49.2M-364.3K1.1768.73N/AN/A1171373,1618,079
2021-01-06$396.29$400.0029.2%9.7%18.4%12.2%37.5%6.2%-3.1%54.3K-51.2M-362.3K0.6773.61N/AN/A43293,2348,117
2021-01-07$399.90$400.0026.2%9.6%18.7%6.5%34.7%4.7%-2.9%36.7K-55.3M-337.3K0.9069.21N/AN/A48433,2308,103
2021-01-08$394.97$400.0026.9%9.9%18.6%7.9%34.7%3.9%-3.1%-71.4K-50.5M-343.3K1.6568.89N/AN/A20333,2188,101
2021-01-11$391.56$400.0032.7%9.9%17.5%19.0%35.1%4.3%-3.6%-189.0K-46.6M-348.6K1.2768.96N/AN/A33423,2278,108
2021-01-12$401.05$400.0030.9%10.0%19.6%15.4%34.1%4.3%-4.2%188.8K-57.0M-331.9K0.3969.14N/AN/A59233,2278,129
2021-01-13$389.10$400.0034.6%9.9%22.3%22.6%36.5%3.5%-4.9%-531.4K-42.8M-340.4K0.8669.33N/AN/A35303,2098,125
2021-01-14$385.20$400.0035.3%10.1%22.1%23.9%35.1%2.2%-2.6%-1.1M-36.9M-345.6K1.9569.98N/AN/A641253,2388,127
2021-01-15$389.57$400.0033.6%9.6%22.5%20.7%33.8%2.7%-1.5%-562.7K-40.3M-333.3K1.6976.57N/AN/A1101863,2138,093
2021-01-19$394.76$400.0036.7%10.5%23.0%26.6%35.9%4.4%-4.8%-454.1K10.2M-324.6K0.7971.09N/AN/A107851,0542,844
2021-01-20$393.88$400.0036.8%10.5%23.0%26.7%37.1%2.8%-3.7%-418.8K9.3M-324.2K2.2074.16N/AN/A15331,1452,913
2021-01-21$392.29$400.0036.4%10.4%22.4%26.0%37.9%4.4%-4.5%-382.4K10.0M-330.0K10.8070.48N/AN/A5541,1602,936
2021-01-22$395.04$400.0034.4%9.8%22.6%22.1%37.5%4.1%-2.1%-417.2K9.4M-329.1K1.9774.44N/AN/A37731,1622,975
2021-01-25$388.38$400.0036.3%10.4%23.1%25.7%36.8%3.7%-2.7%-492.0K12.3M-337.9K2.0074.16N/AN/A8161,1923,023
2021-01-26$378.45$400.0037.0%10.6%24.3%27.1%41.3%2.2%-3.2%-684.8K17.5M-337.4K1.3275.29N/AN/A50661,1963,033
2021-01-27$369.04$400.0044.0%12.6%25.2%40.5%44.7%2.2%-6.1%-802.4K22.5M-345.5K1.3283.44N/AN/A25331,2353,086
2021-01-28$372.02$400.0041.9%12.0%25.2%36.4%41.5%6.6%-6.5%-748.4K21.3M-345.0K0.8182.41N/AN/A21171,2443,108
2021-01-29$364.74$400.0043.0%12.3%25.8%38.6%44.0%6.6%-5.8%-886.9K25.5M-343.5K0.3182.65N/AN/A97301,2493,119