GWW Options History — May 2021

In May 2021, GWW traded between $442.60 and $477.26. ATM implied volatility averaged 22.7%, placing in the 8.4% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 0.2% (HV 20d: 22.5%). Max pain ranged from $400.00 to $450.00. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 1.45.

Notable Days

  • 2021-05-06: Highest Volume — 894 contracts
  • 2021-05-10: Largest IV spike — 12.5% change
  • 2021-05-12: Highest IV Rank — 23.7%
  • 2021-05-12: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$460.31$442.60$477.26$442.60$462.39
Max Pain$434.50$400.00$450.00$400.00$450.00
ATM IV22.7%20.2%26.6%21.9%20.2%
Expected Move6.5%5.8%7.6%6.3%5.8%
HV 20d22.5%18.0%25.8%19.4%23.5%
HV 60d24.2%22.8%25.4%23.3%22.8%
IV Rank8.4%0.0%23.7%3.7%0.0%
IV Percentile6.1%0.0%28.6%0.4%0.0%
Term Structure0.9%-0.7%2.2%0.1%0.6%
VWIV23.3%20.4%26.9%20.5%20.4%
Skew 25d2.5%1.0%4.3%1.6%2.7%
Skew 10d5.0%1.3%11.9%4.5%6.5%
Call IV 25d22.2%19.3%25.2%20.1%19.3%
Put IV 25d24.6%21.7%28.5%21.7%22.0%
Bid-Ask Spread %78.8868.1390.0690.0687.00
Gamma HHI0.100.090.120.110.10
Net GEX118.6K-140.3K561.8K34.0K33.9K
Net DEX-21.1M-34.0M-11.8M-16.6M-15.2M
Net VEX-257.0K-297.6K-220.0K-284.0K-220.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.450.197.600.527.60
Total Volume171.92589413743
Total OI6,180.455,7646,5065,8545,843

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$442.60$400.0021.9%6.3%19.4%3.7%20.5%1.6%0.1%34.0K-16.6M-284.0K0.5290.06N/AN/A90471,2494,605
2021-05-04$455.63$400.0021.4%6.1%21.3%1.6%21.7%2.3%1.5%21.2K-26.1M-254.1K0.4389.98N/AN/A2961261,2764,679
2021-05-05$459.42$400.0021.8%6.3%18.2%3.3%22.6%2.1%1.4%223.9K-29.9M-254.7K0.6889.43N/AN/A2041391,4304,731
2021-05-06$458.28$420.0020.8%6.5%18.0%0.0%22.5%1.0%2.0%-140.3K-26.7M-256.1K0.1972.90N/AN/A7541401,4104,849
2021-05-07$465.18$420.0020.5%6.5%18.2%0.0%23.3%2.2%0.7%280.2K-29.8M-258.8K0.8676.38N/AN/A1631411,3854,758
2021-05-10$477.26$430.0023.1%6.7%19.1%10.0%23.5%1.4%0.5%561.8K-34.0M-233.9K1.1370.89N/AN/A1551751,3804,809
2021-05-11$463.14$440.0025.9%6.9%22.1%21.1%23.6%1.3%0.9%-34.2K-22.8M-261.3K2.4871.00N/AN/A962381,4264,950
2021-05-12$456.46$440.0026.6%7.6%23.4%23.7%26.9%3.5%-0.7%-48.4K-16.6M-297.6K3.2268.13N/AN/A18581,4824,916
2021-05-13$466.18$440.0024.9%7.1%23.9%17.0%25.3%4.3%0.3%300.1K-24.6M-276.7K0.5072.99N/AN/A38191,4864,911
2021-05-14$465.93$440.0023.5%6.7%24.1%11.5%23.1%3.3%1.0%464.4K-26.5M-257.3K1.1073.41N/AN/A20221,5074,912
2021-05-17$466.80$440.0024.5%7.0%24.1%15.6%25.0%2.7%0.7%540.3K-27.8M-246.3K0.4775.77N/AN/A57271,5214,924
2021-05-18$457.64$440.0024.2%7.0%25.8%14.6%25.0%2.8%0.5%178.8K-19.4M-274.0K1.0072.45N/AN/A27271,5324,941
2021-05-19$454.93$440.0025.6%7.3%24.9%19.8%26.4%2.3%0.5%53.1K-17.2M-270.9K0.6174.25N/AN/A38231,5404,950
2021-05-20$456.12$440.0023.0%6.6%24.5%9.6%23.5%2.0%2.2%129.5K-18.7M-263.9K1.7179.08N/AN/A17291,5414,951
2021-05-21$456.24$450.0022.8%6.5%24.5%8.8%23.0%3.6%0.5%-38.0K-18.3M-271.0K0.7177.74N/AN/A41291,5524,954
2021-05-24$460.77$450.0021.1%6.1%24.0%2.4%22.5%2.8%1.4%-39.8K-12.9M-246.0K0.8784.01N/AN/A31271,1574,607
2021-05-25$460.11$450.0021.4%6.1%24.0%3.4%24.1%3.2%1.1%-59.1K-11.8M-250.9K3.1782.44N/AN/A6191,1704,629
2021-05-26$460.74$450.0020.8%6.0%24.0%1.3%21.9%3.0%1.6%-77.2K-13.6M-230.8K1.3683.69N/AN/A14191,1734,647
2021-05-27$460.43$450.0020.3%5.8%23.6%0.0%20.9%1.4%1.6%-12.5K-13.0M-232.8K0.4786.05N/AN/A1781,1734,653
2021-05-28$462.39$450.0020.2%5.8%23.5%0.0%20.4%2.7%0.6%33.9K-15.2M-220.0K7.6087.00N/AN/A5381,1884,655