GWW Options History — February 2022

In February 2022, GWW traded between $463.56 and $506.77. ATM implied volatility averaged 29.7%, placing in the 45.8% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 6.1% (HV 20d: 23.6%). Max pain ranged from $460.00 to $490.00. Net GEX was positive for 3 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 1.28.

Notable Days

  • 2022-02-04: Highest Volume — 2,228 contracts
  • 2022-02-03: Largest IV drop — 40.1% change
  • 2022-02-02: Highest IV Rank — 95.9%
  • 2022-02-02: Largest Expected Move — 12.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$478.02$463.56$506.77$495.06$472.41
Max Pain$481.58$460.00$490.00$490.00$480.00
ATM IV29.7%24.3%42.8%41.4%31.1%
Expected Move8.4%7.0%12.3%11.9%8.9%
HV 20d23.6%17.6%26.3%20.0%25.5%
HV 60d22.5%20.5%23.5%20.5%22.8%
IV Rank45.8%25.1%95.9%90.7%51.1%
IV Percentile80.3%54.4%99.6%99.2%89.7%
Term Structure-1.4%-10.5%0.6%-7.4%-2.4%
VWIV29.5%24.0%42.0%40.5%31.3%
Skew 25d4.9%3.2%6.5%6.5%5.5%
Skew 10d9.7%5.3%13.2%13.1%11.0%
Call IV 25d27.4%22.7%41.8%39.0%28.4%
Put IV 25d32.2%26.9%45.4%45.4%33.8%
Bid-Ask Spread %60.9945.1680.3477.4662.83
Gamma HHI0.140.060.380.240.07
Net GEX-1.1M-2.8M2.0M368.9K-674.4K
Net DEX12.9M-9.3M27.4M-769.0K11.5M
Net VEX-228.8K-290.4K-168.1K-201.2K-290.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.280.425.900.420.93
Total Volume1,331.2118732,2281,2141,528
Total OI5,695.6323,8656,7413,9205,978

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-02-01$495.06$490.0041.4%11.9%20.0%90.7%40.5%6.5%-7.4%368.9K-769.0K-201.2K0.4277.46N/AN/A8563581,7572,163
2022-02-02$501.79$490.0042.8%12.3%18.6%95.9%42.0%3.2%-10.5%584.3K-4.8M-200.7K1.2680.34N/AN/A3864871,7472,163
2022-02-03$506.77$490.0025.7%7.2%17.6%30.1%26.0%4.3%0.5%2.0M-9.3M-188.4K0.4279.08N/AN/A9964151,8602,300
2022-02-04$488.48$490.0029.7%8.1%21.8%45.5%28.9%4.0%-0.5%-644.9K8.4M-180.7K5.9045.48N/AN/A3231,9051,5692,296
2022-02-07$478.29$490.0030.8%8.2%22.7%49.9%28.7%4.7%-0.6%-1.5M15.9M-169.2K1.3145.16N/AN/A4505901,6423,834
2022-02-08$481.80$490.0027.8%7.7%22.4%38.5%27.0%4.4%-0.4%-1.5M12.5M-168.1K0.8654.07N/AN/A8737521,6923,904
2022-02-09$488.24$490.0024.3%7.0%22.3%25.1%24.0%4.2%0.2%-617.8K6.5M-241.9K0.7957.79N/AN/A7576002,1644,389
2022-02-10$470.20$490.0027.6%7.9%25.3%37.6%27.5%4.6%0.6%-2.4M22.6M-253.8K0.9354.09N/AN/A6095662,2104,390
2022-02-11$466.51$480.0028.5%8.2%25.3%41.0%29.2%4.8%-1.1%-2.7M27.4M-268.8K1.2853.69N/AN/A6027712,2274,434
2022-02-14$465.04$470.0029.6%8.5%25.3%45.4%30.4%6.5%-1.6%-2.8M26.5M-256.7K1.0955.12N/AN/A6457002,2844,378
2022-02-15$467.74$460.0027.4%7.8%25.1%36.7%27.7%4.8%-0.7%-2.7M21.8M-245.2K1.1155.04N/AN/A6146822,3334,335
2022-02-16$474.87$470.0026.6%7.6%24.9%33.9%26.0%3.4%-0.5%-1.9M14.8M-239.8K0.9859.41N/AN/A5685592,3444,353
2022-02-17$473.73$470.0027.8%8.0%24.8%38.3%27.3%4.9%-0.1%-1.4M15.0M-240.4K1.0656.33N/AN/A6146482,3454,356
2022-02-18$473.94$480.0026.9%7.7%24.8%35.1%26.7%4.8%0.2%-1.2M15.8M-245.9K0.9558.60N/AN/A6456102,3424,399
2022-02-22$473.22$480.0028.2%8.1%24.7%39.8%28.5%4.9%-0.4%-814.4K13.1M-245.9K0.9860.13N/AN/A5155061,7473,751
2022-02-23$463.56$480.0030.6%8.8%25.6%49.0%30.1%5.6%-1.3%-975.9K18.9M-247.7K1.2158.38N/AN/A5026081,7583,756
2022-02-24$465.54$480.0030.5%8.7%25.2%48.8%30.4%5.1%-1.9%-967.4K17.4M-232.6K1.6068.73N/AN/A5007991,7733,806
2022-02-25$475.16$480.0027.6%7.9%26.3%37.6%28.4%6.3%0.6%-738.4K11.8M-229.6K1.1977.02N/AN/A8019531,7713,667
2022-02-28$472.41$480.0031.1%8.9%25.5%51.1%31.3%5.5%-2.4%-674.4K11.5M-290.4K0.9362.83N/AN/A7917372,1093,869