GWW Options History — August 2021

In August 2021, GWW traded between $429.73 and $445.66. ATM implied volatility averaged 21.2%, placing in the 8.7% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 3.0% (HV 20d: 18.2%). Max pain ranged from $430.00 to $450.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 6.81.

Notable Days

  • 2021-08-26: Highest Volume — 468 contracts
  • 2021-08-10: Largest IV spike — 11.5% change
  • 2021-08-02: Highest IV Rank — 15.5%
  • 2021-08-02: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$436.87$429.73$445.66$440.96$433.75
Max Pain$439.09$430.00$450.00$450.00$430.00
ATM IV21.2%18.9%23.0%23.0%19.4%
Expected Move6.1%5.4%6.6%6.6%5.5%
HV 20d18.2%12.3%22.8%22.5%12.3%
HV 60d17.5%16.9%19.6%19.6%17.4%
IV Rank8.7%0.4%15.5%15.5%1.9%
IV Percentile10.6%0.4%21.0%18.7%0.8%
Term Structure1.1%-0.5%2.7%-0.3%0.9%
VWIV21.8%19.1%24.9%21.2%21.1%
Skew 25d2.6%-0.6%4.8%3.2%2.5%
Skew 10d7.0%-0.7%11.2%3.8%4.6%
Call IV 25d21.0%18.0%25.0%21.7%18.3%
Put IV 25d23.6%20.4%25.5%24.9%20.8%
Bid-Ask Spread %87.8878.2997.0591.5497.05
Gamma HHI0.120.090.380.100.09
Net GEX-1.3M-3.3M-750.0K-1.1M-895.9K
Net DEX3.4M-3.6M13.0M524.7K4.2M
Net VEX-190.7K-230.7K-162.2K-177.1K-193.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.810.0758.331.312.86
Total Volume85.86484683027
Total OI5,900.6365,5656,2305,8225,733

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$440.96$450.0023.0%6.6%22.5%15.5%21.2%3.2%-0.3%-1.1M524.7K-177.1K1.3191.54N/AN/A13171,0564,766
2021-08-03$445.66$440.0021.1%6.0%22.8%8.3%22.6%2.6%0.8%-824.2K-3.6M-165.9K0.2391.83N/AN/A2251,0914,786
2021-08-04$441.06$440.0021.6%6.2%21.4%10.3%23.3%3.8%1.1%-1.1M-1.2M-162.2K3.3391.52N/AN/A3101,0974,802
2021-08-05$440.44$450.0022.7%6.4%20.3%14.2%23.0%3.6%0.5%-1.1M-176.5K-167.2K0.1278.29N/AN/A4351,1054,815
2021-08-06$437.43$450.0020.1%6.3%19.3%4.7%24.9%3.8%0.6%-1.2M1.5M-176.0K0.1181.85N/AN/A6571,1024,824
2021-08-09$437.65$450.0020.2%6.0%19.2%4.9%0.0%3.9%0.6%-1.3M3.8M-195.5K0.1181.28N/AN/A1921,1034,825
2021-08-10$442.88$450.0022.5%6.3%19.8%13.5%20.2%4.4%0.1%-974.8K-384.4K-180.7K0.1181.59N/AN/A3641,1544,828
2021-08-11$444.28$450.0022.2%6.4%19.7%12.3%22.4%2.3%-0.1%-966.4K-743.4K-188.2K0.3982.84N/AN/A59231,1624,829
2021-08-12$439.01$450.0022.5%6.4%20.0%13.5%0.0%3.2%0.9%-1.2M2.0M-188.5K0.1483.19N/AN/A2131,1614,829
2021-08-13$439.15$440.0020.5%5.9%19.7%6.0%0.0%4.8%2.7%-1.2M841.5K-177.4K13.0987.39N/AN/A111441,1894,838
2021-08-16$438.98$440.0022.3%6.4%19.3%12.9%22.5%1.8%1.2%-1.4M2.7M-185.6K8.3682.17N/AN/A141171,1744,846
2021-08-17$435.75$440.0022.3%6.4%17.1%12.7%22.6%3.3%0.7%-1.6M5.3M-194.0K0.0785.29N/AN/A5841,1824,911
2021-08-18$431.40$440.0022.6%6.5%17.3%14.0%22.3%2.7%1.0%-2.3M13.0M-230.7K0.5082.88N/AN/A1891,1815,025
2021-08-19$430.40$430.0022.6%6.5%17.2%14.0%19.8%0.1%-0.5%-2.6M11.0M-208.0K11.7185.43N/AN/A7821,1825,026
2021-08-20$431.97$430.0021.9%6.3%16.8%11.4%21.8%3.7%2.5%-3.3M9.1M-208.6K0.1689.59N/AN/A3251,1985,032
2021-08-23$434.32$430.0020.5%5.9%17.0%6.0%21.1%3.3%1.8%-1.1M5.7M-208.2K0.2290.07N/AN/A103238184,747
2021-08-24$431.29$430.0020.5%5.9%17.1%6.1%23.1%-0.6%1.4%-1.1M6.3M-204.4K0.5391.48N/AN/A34188284,746
2021-08-25$436.27$430.0019.4%5.6%17.8%2.0%20.9%2.1%2.5%-769.0K1.6M-186.5K1.6792.05N/AN/A359124,768
2021-08-26$429.73$430.0020.2%5.8%17.5%4.9%21.3%0.2%1.8%-957.1K7.8M-217.9K30.2093.22N/AN/A154539424,773
2021-08-27$433.32$430.0018.9%5.4%13.0%0.4%19.1%2.7%2.1%-790.5K2.6M-179.5K16.2095.75N/AN/A101629424,773
2021-08-30$435.51$430.0019.6%5.6%12.9%2.7%21.4%0.1%1.5%-750.0K3.4M-199.3K58.3397.01N/AN/A31759444,769
2021-08-31$433.75$430.0019.4%5.5%12.3%1.9%21.1%2.5%0.9%-895.9K4.2M-193.1K2.8697.05N/AN/A7209504,783