GWW Options History — September 2021

In September 2021, GWW traded between $395.83 and $434.62. ATM implied volatility averaged 21.4%, placing in the 12.5% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 7.9% (HV 20d: 13.4%). Max pain ranged from $420.00 to $440.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 7.98.

Notable Days

  • 2021-09-08: Highest Volume — 509 contracts
  • 2021-09-28: Largest IV spike — 16.8% change
  • 2021-09-20: Highest IV Rank — 26.1%
  • 2021-09-20: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$411.76$395.83$434.62$430.31$395.83
Max Pain$429.05$420.00$440.00$430.00$420.00
ATM IV21.4%17.8%25.1%19.3%23.6%
Expected Move6.2%5.5%7.2%5.5%6.8%
HV 20d13.4%12.1%14.6%12.1%13.4%
HV 60d17.2%16.0%18.0%17.4%16.0%
IV Rank12.5%0.0%26.1%1.7%20.9%
IV Percentile17.8%0.0%40.1%0.8%34.9%
Term Structure4.7%1.1%9.4%1.1%4.9%
VWIV22.0%19.2%26.6%20.0%21.8%
Skew 25d3.3%-1.5%5.1%1.6%4.3%
Skew 10d8.2%3.3%15.0%3.3%10.8%
Call IV 25d21.1%18.6%25.1%18.6%22.2%
Put IV 25d24.3%20.2%27.0%20.2%26.5%
Bid-Ask Spread %90.7083.5596.9596.9595.90
Gamma HHI0.110.090.120.090.11
Net GEX-1.6M-2.1M-851.2K-1.1M-1.8M
Net DEX19.6M2.3M30.4M7.0M30.4M
Net VEX-209.6K-243.8K-177.2K-201.3K-206.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.980.1586.501.1616.67
Total Volume112.818509548
Total OI5,839.1435,6225,9965,7945,917

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-09-01$430.31$430.0019.3%5.5%12.1%1.7%20.0%1.6%1.1%-1.1M7.0M-201.3K1.1696.95N/AN/A25299514,843
2021-09-02$434.62$440.0018.2%5.8%12.7%0.0%19.2%2.0%3.9%-851.2K2.3M-177.2K0.3390.01N/AN/A629554,859
2021-09-03$429.17$440.0017.8%5.7%13.2%0.0%20.2%2.9%4.8%-949.2K6.0M-187.0K0.3289.64N/AN/A69229734,860
2021-09-07$421.93$440.0019.5%6.1%14.4%6.1%21.3%3.4%4.6%-1.3M11.7M-193.8K0.1589.48N/AN/A65109744,855
2021-09-08$417.88$440.0020.8%6.0%13.7%10.9%21.2%3.1%3.4%-1.7M15.1M-196.6K7.9389.80N/AN/A574529844,862
2021-09-09$417.88$440.0020.5%5.9%13.5%9.9%22.5%3.2%5.0%-1.7M15.0M-200.6K0.5589.95N/AN/A55301,0104,866
2021-09-10$415.56$440.0021.2%6.1%13.2%12.2%24.2%3.9%3.5%-1.9M19.1M-220.0K3.4383.55N/AN/A7241,0224,924
2021-09-13$413.46$430.0020.2%5.8%13.1%8.6%22.5%3.6%7.3%-1.9M20.6M-217.9K16.1988.44N/AN/A162591,0374,935
2021-09-14$408.96$430.0021.3%6.1%13.4%12.6%24.3%4.0%4.1%-2.1M25.2M-223.5K86.5088.85N/AN/A21731,0424,954
2021-09-15$413.12$430.0022.1%6.3%14.2%15.3%20.8%4.3%3.5%-2.0M23.1M-235.5K0.9388.10N/AN/A14131,0494,917
2021-09-16$409.72$430.0020.9%6.0%14.0%11.2%21.8%3.0%3.0%-1.8M22.2M-206.5K0.8388.34N/AN/A12101,0474,859
2021-09-17$404.22$430.0022.1%6.3%14.6%15.2%21.3%3.3%3.8%-2.0M29.3M-236.2K2.6190.49N/AN/A701831,0614,862
2021-09-20$403.44$430.0025.1%7.2%14.4%26.1%26.6%3.3%4.4%-1.7M24.5M-213.9K2.2791.33N/AN/A40918544,768
2021-09-21$402.55$420.0023.1%6.6%14.0%19.0%21.7%3.7%5.2%-1.6M25.1M-223.2K1.0589.32N/AN/A19208994,760
2021-09-22$402.74$420.0021.8%6.2%14.0%14.2%22.9%1.8%5.3%-1.6M24.5M-216.0K2.6993.46N/AN/A13359224,819
2021-09-23$403.19$420.0021.7%6.2%13.0%14.0%21.1%-1.5%6.7%-1.8M26.7M-243.8K0.5890.97N/AN/A24149364,830
2021-09-24$406.16$420.0020.0%5.7%12.9%7.9%20.4%5.1%6.9%-1.6M20.7M-201.8K3.2491.90N/AN/A551789344,829
2021-09-27$409.10$420.0021.0%6.0%12.8%11.3%26.6%5.1%9.4%-1.4M18.6M-201.4K6.3892.19N/AN/A8519414,838
2021-09-28$404.62$420.0024.5%7.0%12.7%23.9%20.4%3.4%3.2%-1.5M21.8M-200.5K5.7492.88N/AN/A231329964,839
2021-09-29$402.45$420.0023.7%6.8%12.7%21.1%0.0%5.0%4.2%-1.6M22.9M-197.5K16.6793.16N/AN/A3509984,841
2021-09-30$395.83$420.0023.6%6.8%13.4%20.9%21.8%4.3%4.9%-1.8M30.4M-206.3K0.0095.90N/AN/A081,0064,911