GWW Options History — June 2021

In June 2021, GWW traded between $437.51 and $465.52. ATM implied volatility averaged 21.0%, placing in the 5.0% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 6.2% (HV 20d: 14.8%). Max pain ranged from $440.00 to $450.00. Net GEX was positive for 9 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 1.08.

Notable Days

  • 2021-06-23: Highest Volume — 870 contracts
  • 2021-06-07: Largest IV spike — 13.2% change
  • 2021-06-02: Highest IV Rank — 10.5%
  • 2021-06-02: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$452.07$437.51$465.52$462.92$437.51
Max Pain$440.91$440.00$450.00$450.00$440.00
ATM IV21.0%19.6%23.0%20.3%21.4%
Expected Move6.1%5.6%6.6%5.8%6.2%
HV 20d14.8%10.6%22.5%22.5%15.5%
HV 60d19.2%18.4%20.9%20.8%19.6%
IV Rank5.0%0.0%10.5%0.3%7.0%
IV Percentile3.8%0.0%9.9%0.8%9.9%
Term Structure4.7%-1.5%6.4%1.4%5.8%
VWIV21.0%16.1%26.6%19.8%21.2%
Skew 25d2.7%0.5%5.3%2.4%0.5%
Skew 10d7.3%-1.7%13.4%6.0%1.8%
Call IV 25d20.7%18.7%22.3%20.4%20.8%
Put IV 25d23.4%21.2%25.7%22.8%21.2%
Bid-Ask Spread %92.4687.3496.5989.2496.21
Gamma HHI0.120.100.130.110.13
Net GEX-263.9K-1.0M221.1K61.7K-515.3K
Net DEX-7.8M-17.9M1.5M-14.5M-53.1K
Net VEX-221.3K-248.8K-190.1K-222.7K-223.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.080.003.390.003.39
Total Volume113.955587019145
Total OI5,826.8185,4746,0635,8805,559

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-06-01$462.92$450.0020.3%5.8%22.5%0.3%19.8%2.4%1.4%61.7K-14.5M-222.7K0.0089.24N/AN/A1901,1924,688
2021-06-02$461.24$450.0023.0%6.6%20.2%10.5%16.1%2.1%-1.5%8.5K-12.7M-239.2K0.4990.74N/AN/A68331,1994,690
2021-06-03$463.86$440.0020.9%6.5%20.1%2.6%21.2%5.3%4.1%88.9K-15.5M-209.8K1.5387.74N/AN/A17261,2364,708
2021-06-04$465.52$440.0019.6%5.9%20.1%0.0%21.4%3.0%5.3%221.1K-17.9M-190.1K2.4089.15N/AN/A5121,2484,727
2021-06-07$459.67$440.0022.2%6.4%19.9%9.7%26.6%3.7%4.9%-23.2K-10.4M-248.8K0.9187.34N/AN/A11101,2484,735
2021-06-08$462.58$440.0021.3%6.3%17.6%6.2%0.0%2.9%4.9%94.3K-15.0M-202.0K0.0789.77N/AN/A1411,2494,745
2021-06-09$459.75$440.0022.1%6.3%14.1%9.5%20.4%3.1%4.7%67.6K-11.1M-239.8K0.6089.67N/AN/A1061,2584,746
2021-06-10$459.54$440.0021.1%6.1%13.1%5.9%20.5%4.6%6.0%23.0K-10.9M-238.0K0.4090.42N/AN/A521,2614,750
2021-06-11$458.93$440.0020.8%5.9%10.6%4.3%19.5%2.3%4.8%45.7K-11.3M-223.5K0.7293.06N/AN/A29211,2604,752
2021-06-14$455.21$440.0021.3%6.1%10.9%6.2%21.1%1.3%5.2%-150.5K-9.4M-219.7K0.8091.32N/AN/A15121,2754,753
2021-06-15$458.29$440.0020.8%6.0%11.2%4.6%21.9%2.1%4.9%50.8K-10.4M-229.7K0.1290.49N/AN/A3341,2784,759
2021-06-16$449.70$440.0021.6%6.2%11.0%7.5%21.7%2.2%4.5%-362.0K-6.8M-217.0K2.3393.07N/AN/A371,3034,760
2021-06-17$441.00$440.0021.3%6.1%12.8%6.6%23.8%2.6%3.9%-918.3K-788.1K-220.8K2.6094.52N/AN/A30781,3024,756
2021-06-18$438.90$440.0022.0%6.3%12.7%9.0%23.6%2.4%5.2%-1.0M1.5M-232.6K1.8394.06N/AN/A35641,2924,726
2021-06-21$444.45$440.0021.1%6.0%13.7%5.5%19.3%2.6%4.6%-646.4K-3.3M-227.4K0.1694.70N/AN/A4989984,476
2021-06-22$443.56$440.0020.9%6.0%13.1%5.0%21.2%1.9%5.6%-520.2K-4.0M-210.5K1.4693.01N/AN/A13191,0244,483
2021-06-23$444.90$440.0020.5%5.9%13.2%3.4%22.7%3.8%4.5%-475.1K-3.5M-228.8K1.7795.09N/AN/A3145561,0384,502
2021-06-24$442.07$440.0020.1%5.8%13.2%1.8%19.0%3.8%5.8%-530.3K-3.8M-199.1K0.1396.21N/AN/A811,0404,507
2021-06-25$444.44$440.0019.7%5.6%13.5%0.4%19.4%1.6%5.7%-465.9K-4.7M-201.3K0.2296.35N/AN/A921,0484,508
2021-06-28$444.19$440.0020.3%5.8%13.3%2.6%19.8%1.3%5.8%-463.2K-3.3M-223.6K0.2596.59N/AN/A411,0484,507
2021-06-29$447.41$440.0019.8%5.7%13.7%0.8%21.7%3.6%6.4%-396.1K-4.4M-220.5K1.6895.41N/AN/A3025061,0504,506
2021-06-30$437.51$440.0021.4%6.2%15.5%7.0%21.2%0.5%5.8%-515.3K-53.1K-223.5K3.3996.21N/AN/A331121,0524,507