GWW Options History — November 2021

In November 2021, GWW traded between $467.21 and $499.51. ATM implied volatility averaged 20.9%, placing in the 11.2% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded below realized volatility by 8.7% (HV 20d: 29.6%). Max pain ranged from $410.00 to $430.00. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.98.

Notable Days

  • 2021-11-09: Highest Volume — 1,628 contracts
  • 2021-11-26: Largest IV spike — 31.3% change
  • 2021-11-26: Highest IV Rank — 33.8%
  • 2021-11-26: Largest Expected Move — 7.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$484.20$467.21$499.51$467.21$482.54
Max Pain$422.38$410.00$430.00$420.00$430.00
ATM IV20.9%18.2%27.3%18.2%26.7%
Expected Move6.0%5.2%7.8%5.2%7.7%
HV 20d29.6%15.2%32.3%30.5%19.0%
HV 60d21.9%21.7%22.9%21.7%22.9%
IV Rank11.2%1.4%33.8%1.4%31.8%
IV Percentile18.1%0.4%68.7%0.4%61.9%
Term Structure0.7%-1.3%2.6%1.5%-1.1%
VWIV22.0%18.1%28.6%18.1%27.5%
Skew 25d3.3%0.2%6.6%2.6%3.6%
Skew 10d6.5%1.7%11.6%1.7%7.2%
Call IV 25d19.5%16.9%25.9%16.9%25.9%
Put IV 25d22.9%19.4%29.6%19.4%29.5%
Bid-Ask Spread %88.3382.2892.7591.6492.75
Gamma HHI0.100.090.130.120.09
Net GEX-91.4K-453.7K131.7K56.2K-415.4K
Net DEX-12.1M-25.5M-2.1M-21.1M-2.1M
Net VEX-157.1K-189.4K-133.5K-133.5K-189.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.980.562.131.801.06
Total Volume1,332.3819451,6289451,321
Total OI6,304.6676,0586,4616,2056,442

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$467.21$420.0018.2%5.2%30.5%1.4%18.1%2.6%1.5%56.2K-21.1M-133.5K1.8091.64N/AN/A3376081,0425,163
2021-11-02$472.23$430.0018.4%5.3%30.5%2.0%18.7%4.1%2.6%118.6K-22.7M-146.6K1.9487.89N/AN/A3296381,1035,199
2021-11-03$474.81$430.0020.0%5.7%30.4%7.9%18.6%2.9%0.9%100.6K-25.2M-135.6K2.1390.41N/AN/A3096591,0885,242
2021-11-04$477.88$410.0019.1%5.6%30.2%4.5%22.0%2.5%0.3%131.7K-25.5M-147.3K1.3784.70N/AN/A4656361,1005,298
2021-11-05$473.18$420.0021.0%6.1%30.7%11.4%22.1%0.2%0.5%-169.3K-4.4M-158.2K0.5682.28N/AN/A1,0105657135,345
2021-11-08$473.91$420.0021.9%6.2%30.3%14.7%23.6%2.6%-0.9%-311.9K-4.1M-158.5K0.5882.45N/AN/A1,0315967275,349
2021-11-09$481.66$420.0021.1%6.0%30.4%12.0%20.9%3.1%-0.2%-64.6K-8.1M-147.1K0.5885.52N/AN/A1,0335957745,387
2021-11-10$479.66$420.0020.9%6.0%30.6%11.1%22.6%4.3%0.8%-54.7K-7.3M-157.2K0.6686.07N/AN/A8555677825,389
2021-11-11$484.46$420.0020.8%6.0%30.5%10.8%21.2%2.2%0.5%-5.3K-11.4M-152.2K0.6684.64N/AN/A8825828355,429
2021-11-12$489.97$420.0020.3%5.8%30.6%9.1%22.2%2.8%0.6%6.7K-13.9M-154.2K0.6786.21N/AN/A8605768375,470
2021-11-15$485.33$420.0019.9%5.7%31.1%7.6%22.2%1.5%1.0%2.8K-11.7M-153.2K0.6787.32N/AN/A8495698485,500
2021-11-16$490.62$420.0019.8%5.7%31.1%7.3%20.6%3.0%0.8%46.4K-14.2M-150.3K0.6888.44N/AN/A8575858515,495
2021-11-17$487.30$420.0019.4%5.6%31.4%5.6%20.4%2.1%2.0%-24.7K-12.0M-157.4K0.7088.19N/AN/A8215748715,556
2021-11-18$482.46$420.0021.0%6.0%31.9%11.4%20.9%1.7%1.1%-152.2K-9.9M-163.5K0.6888.69N/AN/A8305668825,566
2021-11-19$483.18$420.0019.7%5.6%31.8%6.8%19.8%3.4%2.6%-453.7K-9.9M-159.7K0.6789.88N/AN/A8665798965,565
2021-11-22$494.25$420.0020.2%5.8%32.3%8.8%21.5%4.1%1.1%-97.4K-11.3M-151.6K1.0691.43N/AN/A5736098015,377
2021-11-23$498.23$420.0020.7%5.9%31.6%10.5%22.4%6.6%0.6%-127.6K-11.4M-156.9K1.1092.03N/AN/A5686258195,452
2021-11-24$499.51$430.0020.8%6.0%30.2%10.6%22.8%5.3%2.0%-129.8K-11.4M-159.0K1.0292.51N/AN/A6686808225,472
2021-11-26$493.23$430.0027.3%7.8%31.1%33.8%28.6%5.7%-1.3%-220.0K-7.6M-189.4K1.0190.18N/AN/A6666749055,549
2021-11-29$496.62$430.0022.3%6.4%15.2%16.0%25.7%5.7%0.1%-155.2K-10.0M-178.9K1.0491.64N/AN/A6706979025,555
2021-11-30$482.54$430.0026.7%7.7%19.0%31.8%27.5%3.6%-1.1%-415.4K-2.1M-189.4K1.0692.75N/AN/A6406818895,553