GWW Options History — December 2021

In December 2021, GWW traded between $481.96 and $526.20. ATM implied volatility averaged 23.8%, placing in the 21.4% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 2.7% (HV 20d: 21.1%). Max pain ranged from $430.00 to $500.00. Net GEX was positive for 7 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 0.74.

Notable Days

  • 2021-12-14: Highest Volume — 1,833 contracts
  • 2021-12-03: Largest IV spike — 21.4% change
  • 2021-12-03: Highest IV Rank — 53.4%
  • 2021-12-03: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$505.06$481.96$526.20$481.96$520.43
Max Pain$484.55$430.00$500.00$430.00$500.00
ATM IV23.8%19.6%32.8%27.6%19.6%
Expected Move6.7%5.6%9.4%7.9%5.6%
HV 20d21.1%18.7%23.3%18.7%20.9%
HV 60d23.3%22.6%24.0%22.6%24.0%
IV Rank21.4%6.3%53.4%35.1%6.3%
IV Percentile42.9%4.8%92.9%72.2%4.8%
Term Structure4.5%-5.9%8.3%-0.9%7.0%
VWIV24.7%21.0%32.2%30.3%21.5%
Skew 25d4.1%1.9%10.6%7.3%2.2%
Skew 10d9.0%1.7%23.0%12.9%9.7%
Call IV 25d21.8%18.7%25.6%23.3%19.2%
Put IV 25d25.9%21.4%36.2%30.6%21.4%
Bid-Ask Spread %85.2277.8796.6692.8392.07
Gamma HHI0.090.070.130.090.08
Net GEX-100.2K-518.0K302.8K-518.0K212.9K
Net DEX-9.0M-22.7M6.4M40.4K-9.3M
Net VEX-176.6K-195.2K-150.8K-195.2K-166.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.451.181.150.45
Total Volume1,324.9551,0931,8331,2821,135
Total OI5,1852,9237,2446,4653,094

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$481.96$430.0027.6%7.9%18.7%35.1%30.3%7.3%-0.9%-518.0K40.4K-195.2K1.1592.83N/AN/A5976858955,570
2021-12-02$489.01$440.0027.0%7.7%19.2%32.8%27.6%5.5%-2.1%-369.8K-4.9M-183.7K1.1394.63N/AN/A5986748895,576
2021-12-03$487.99$440.0032.8%9.4%19.2%53.4%32.2%10.6%-5.9%-435.6K-3.0M-189.6K1.0796.66N/AN/A6096518825,577
2021-12-06$499.81$490.0027.3%7.4%20.4%33.9%26.7%5.1%3.2%-292.4K-10.3M-169.7K1.0681.30N/AN/A6146518905,575
2021-12-07$507.16$490.0024.6%6.9%20.8%24.4%25.8%4.2%4.9%-190.8K-14.6M-160.6K1.0880.31N/AN/A6046518865,576
2021-12-08$505.71$490.0023.9%6.9%20.3%21.9%26.2%3.5%4.2%-205.2K-13.6M-158.8K1.1681.04N/AN/A6016998955,576
2021-12-09$503.70$490.0025.5%6.8%20.3%27.4%24.7%3.2%4.5%-295.7K-12.7M-164.6K1.1884.24N/AN/A5997049145,632
2021-12-10$512.38$490.0023.3%6.7%20.8%19.6%24.4%4.8%4.4%-151.9K-17.5M-150.8K0.8984.18N/AN/A6866089145,637
2021-12-13$508.79$490.0024.8%6.6%20.8%25.1%24.2%2.9%4.3%-25.4K-17.0M-152.1K0.9777.87N/AN/A6676459665,642
2021-12-14$506.92$490.0025.9%6.5%20.5%28.9%25.8%4.8%5.5%-48.7K-15.9M-164.3K0.5382.91N/AN/A1,1976369775,661
2021-12-15$514.36$490.0023.4%6.7%20.8%19.9%23.9%2.1%3.9%302.8K-22.7M-184.3K0.5481.62N/AN/A1,1826341,5415,663
2021-12-16$507.41$490.0022.2%6.4%21.3%15.6%23.3%3.4%6.5%248.1K-19.3M-188.6K0.5578.87N/AN/A1,1676441,5505,675
2021-12-17$496.68$490.0024.2%6.9%22.5%23.0%25.0%4.4%6.7%190.0K-12.5M-191.5K0.5079.59N/AN/A1,1785871,5555,689
2021-12-20$489.00$490.0024.9%7.1%23.3%25.4%25.1%3.8%5.5%-461.1K6.4M-191.6K0.5178.42N/AN/A7243691,0441,879
2021-12-21$495.36$490.0022.3%6.4%22.3%16.1%24.2%4.1%5.7%-356.4K3.5M-190.0K0.5282.15N/AN/A7583921,0531,884
2021-12-22$499.74$490.0021.8%6.2%22.3%14.2%22.7%2.7%7.2%-281.4K918.9K-190.0K0.5084.30N/AN/A7543751,0951,913
2021-12-23$505.37$490.0020.3%5.8%22.7%9.1%22.7%3.7%5.6%-178.0K-783.2K-186.5K0.4985.58N/AN/A7513711,0801,913
2021-12-27$514.92$490.0022.2%6.4%23.0%15.7%22.2%3.7%6.9%-5.3K-6.0M-179.9K0.4885.93N/AN/A8093871,0981,916
2021-12-28$520.47$500.0020.5%5.9%23.1%9.8%21.0%2.7%8.3%189.3K-9.3M-176.3K0.4890.44N/AN/A8083871,1591,948
2021-12-29$526.20$500.0019.6%5.6%20.1%6.6%21.8%3.4%7.7%252.3K-11.6M-178.3K0.5289.77N/AN/A8084181,1621,952
2021-12-30$517.90$500.0019.7%5.6%21.3%6.8%21.1%1.9%6.0%215.7K-8.0M-173.1K0.4590.13N/AN/A7823531,1531,924
2021-12-31$520.43$500.0019.6%5.6%20.9%6.3%21.5%2.2%7.0%212.9K-9.3M-166.0K0.4592.07N/AN/A7813541,1551,939