GWW Options History — April 2021

In April 2021, GWW traded between $397.18 and $433.05. ATM implied volatility averaged 27.7%, placing in the 23.7% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 9.0% (HV 20d: 18.7%). Max pain ranged from $380.00 to $400.00. Net GEX was positive for 4 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.60.

Notable Days

  • 2021-04-13: Highest Volume — 831 contracts
  • 2021-04-30: Largest IV drop — 24.7% change
  • 2021-04-22: Highest IV Rank — 46.7%
  • 2021-04-22: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$412.19$397.18$433.05$405.30$433.05
Max Pain$390.48$380.00$400.00$390.00$400.00
ATM IV27.7%21.0%32.7%21.0%22.5%
Expected Move8.5%6.0%9.4%6.0%6.4%
HV 20d18.7%16.0%26.9%26.9%18.2%
HV 60d24.8%23.1%26.0%25.7%23.1%
IV Rank23.7%0.0%46.7%0.0%5.9%
IV Percentile37.4%0.0%69.8%0.0%1.6%
Term Structure-2.1%-6.1%7.9%7.9%-0.2%
VWIV29.2%21.3%32.2%22.0%21.3%
Skew 25d3.7%0.4%7.2%3.4%3.0%
Skew 10d6.0%-0.2%14.4%1.7%-0.2%
Call IV 25d27.5%19.9%31.9%20.7%19.9%
Put IV 25d31.3%22.9%34.2%24.1%22.9%
Bid-Ask Spread %80.4171.1694.1194.1192.60
Gamma HHI0.110.100.270.100.10
Net GEX-281.7K-781.0K1.3M-376.1K-44.1K
Net DEX2.3M-10.3M13.4M8.2M-10.3M
Net VEX-365.0K-406.8K-293.9K-404.6K-303.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.600.128.750.560.47
Total Volume165.04820831194317
Total OI6,092.815,3497,1596,1685,787

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$405.30$390.0021.0%6.0%26.9%0.0%22.0%3.4%7.9%-376.1K8.2M-404.6K0.5694.11N/AN/A124701,5344,634
2021-04-05$407.26$380.0022.0%8.3%21.2%2.3%28.3%3.8%-0.6%-259.4K5.1M-383.5K0.1271.16N/AN/A91111,5954,636
2021-04-06$408.86$380.0025.7%8.5%21.3%12.0%30.0%0.6%-2.2%97.4K2.9M-394.0K1.1771.46N/AN/A18211,6984,651
2021-04-07$399.10$380.0022.3%8.7%21.7%4.0%30.4%7.2%-1.4%-642.1K11.0M-405.3K1.4376.13N/AN/A30431,7034,669
2021-04-08$397.18$390.0022.5%8.4%21.0%4.6%26.8%3.8%2.4%-781.0K13.4M-406.8K0.2473.85N/AN/A365861,6974,706
2021-04-09$399.62$390.0022.6%8.1%18.9%5.1%28.9%3.6%-0.7%-754.6K9.7M-395.4K0.1675.95N/AN/A178291,8244,738
2021-04-12$406.39$390.0028.0%9.2%18.8%22.1%30.5%4.0%-5.6%285.6K1.4M-389.9K1.5176.89N/AN/A1502261,9444,760
2021-04-13$400.69$390.0025.8%8.6%19.4%15.0%30.7%3.0%-1.5%-775.3K8.4M-399.7K1.1476.76N/AN/A3894422,0104,959
2021-04-14$401.46$390.0030.3%8.7%18.4%30.0%30.2%3.4%-2.3%-421.9K7.1M-400.0K1.0078.48N/AN/A20202,0174,972
2021-04-15$403.74$390.0029.1%8.3%16.9%26.3%29.5%3.6%-2.2%210.4K4.1M-383.8K0.5779.39N/AN/A42242,0234,995
2021-04-16$407.00$390.0026.0%7.5%16.1%16.2%28.7%2.0%2.0%1.3M786.4K-383.2K1.0081.32N/AN/A67672,0285,131
2021-04-19$408.56$390.0032.4%9.3%16.1%36.8%29.8%5.6%-3.9%-665.1K8.1M-375.1K0.5381.48N/AN/A40211,0534,296
2021-04-20$413.38$390.0032.5%9.3%16.0%37.3%30.9%3.4%-4.0%-558.3K3.1M-349.8K1.2980.07N/AN/A24311,0954,311
2021-04-21$423.99$390.0031.1%8.9%16.6%32.8%30.0%4.6%-4.7%-340.2K-3.3M-336.8K1.0581.21N/AN/A39411,1054,306
2021-04-22$420.43$390.0032.7%9.4%17.1%46.7%29.8%4.8%-4.2%-471.9K-998.8K-337.5K1.0080.95N/AN/A29291,1214,340
2021-04-23$424.35$390.0031.9%9.1%17.2%43.3%31.3%3.8%-5.0%-391.8K-3.1M-336.6K0.9080.52N/AN/A20181,1284,364
2021-04-26$419.95$390.0029.9%8.6%17.8%35.4%30.7%0.4%-2.7%-383.0K-607.4K-344.9K4.7584.91N/AN/A4191,1424,371
2021-04-27$423.36$400.0031.8%9.1%17.8%42.9%32.2%3.8%-6.1%-361.3K-3.9M-324.0K8.7581.03N/AN/A4351,1474,378
2021-04-28$422.72$400.0032.0%9.2%17.6%43.9%32.0%6.7%-5.9%-360.7K-3.9M-316.1K0.8284.54N/AN/A1191,1514,384
2021-04-29$429.70$400.0029.9%8.6%18.3%35.3%29.5%3.6%-4.1%-238.7K-8.9M-293.9K5.0985.71N/AN/A432191,1544,392
2021-04-30$433.05$400.0022.5%6.4%18.2%5.9%21.3%3.0%-0.2%-44.1K-10.3M-303.6K0.4792.60N/AN/A2151021,1944,593