GWW Options History — April 2022

In April 2022, GWW traded between $487.67 and $526.62. ATM implied volatility averaged 28.8%, placing in the 42.2% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 3.4% (HV 20d: 25.4%). Max pain ranged from $490.00 to $520.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 1.12.

Notable Days

  • 2022-04-05: Highest Volume — 1,848 contracts
  • 2022-04-05: Largest IV spike — 31.6% change
  • 2022-04-27: Highest IV Rank — 73.9%
  • 2022-04-27: Largest Expected Move — 10.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$509.94$487.67$526.62$515.24$503.34
Max Pain$512.00$490.00$520.00$500.00$510.00
ATM IV28.8%18.3%37.1%18.5%30.8%
Expected Move8.9%7.8%10.6%7.9%8.8%
HV 20d25.4%12.5%34.9%21.8%34.9%
HV 60d24.8%22.2%28.4%22.5%28.4%
IV Rank42.2%1.8%73.9%2.6%49.7%
IV Percentile73.5%1.2%96.4%1.6%88.1%
Term Structure-1.9%-4.5%9.2%9.2%-1.8%
VWIV31.8%27.9%40.4%32.4%30.6%
Skew 25d5.6%4.2%7.4%4.2%5.1%
Skew 10d11.6%8.2%16.0%8.2%11.5%
Call IV 25d28.5%17.5%34.9%17.5%28.2%
Put IV 25d34.1%21.7%42.3%21.7%33.3%
Bid-Ask Spread %52.1645.7763.2145.7752.58
Gamma HHI0.060.050.110.060.06
Net GEX569.3K-672.7K2.7M398.5K-91.6K
Net DEX-10.6M-38.3M14.5M-15.7M72.2K
Net VEX-401.1K-430.2K-387.3K-398.5K-413.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.120.492.861.972.00
Total Volume1,363.36331,8481,4691,840
Total OI8,373.47,8039,1687,8039,168

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$515.24$500.0018.5%7.9%21.8%2.6%32.4%4.2%9.2%398.5K-15.7M-398.5K1.9745.77N/AN/A4959742,6145,189
2022-04-04$518.01$500.0018.3%7.8%21.2%1.8%31.9%5.0%-1.2%583.6K-18.8M-387.3K1.4847.52N/AN/A5067482,6205,205
2022-04-05$517.37$490.0024.0%8.7%21.2%24.0%31.0%5.3%-2.5%479.8K-19.1M-394.0K0.5847.19N/AN/A1,1666822,6375,259
2022-04-06$525.39$510.0023.8%8.6%21.6%23.2%31.3%5.5%-1.4%1.5M-28.5M-399.1K1.0347.21N/AN/A7147332,9145,275
2022-04-07$521.49$510.0025.3%9.0%20.8%28.6%30.9%4.2%-2.2%1.2M-23.8M-408.3K0.9046.14N/AN/A8597762,9385,361
2022-04-08$519.68$520.0024.0%8.9%19.0%23.9%31.5%4.8%-2.1%1.6M-26.5M-425.7K1.1347.12N/AN/A5866613,2315,385
2022-04-11$520.09$520.0029.0%9.1%17.9%43.1%32.6%4.7%-2.6%1.7M-27.9M-405.7K1.2049.96N/AN/A5566663,2285,371
2022-04-12$522.01$520.0029.4%9.0%15.4%44.4%32.6%4.6%-2.6%2.0M-30.6M-402.2K1.0050.85N/AN/A6636643,2575,382
2022-04-13$526.62$520.0029.9%8.6%12.5%46.3%30.9%4.8%-1.7%2.7M-38.3M-389.3K0.9753.03N/AN/A7447203,3455,397
2022-04-14$493.70$520.0031.2%9.0%26.3%51.5%29.7%5.9%-2.2%-318.5K7.4M-397.5K0.6450.88N/AN/A9826263,4105,454
2022-04-18$487.67$520.0031.9%9.1%26.5%54.0%31.2%6.4%-2.8%-645.4K14.5M-391.0K0.7153.97N/AN/A6664722,9515,152
2022-04-19$506.67$520.0029.7%8.5%29.9%45.8%30.1%6.1%-2.6%265.3K-5.7M-387.7K0.7055.82N/AN/A6074272,9625,164
2022-04-20$512.23$520.0029.8%8.5%30.1%46.1%27.9%6.3%-2.6%546.9K-11.0M-393.3K0.4958.41N/AN/A8724252,9585,166
2022-04-21$510.50$510.0030.7%8.8%30.2%49.3%29.1%6.2%-2.3%293.3K-7.5M-396.0K0.5856.68N/AN/A8344822,9075,179
2022-04-22$502.54$510.0032.2%9.2%30.6%55.2%31.0%6.5%-2.5%-142.3K1.4M-394.3K0.6955.41N/AN/A7134892,9145,238
2022-04-25$491.09$510.0034.6%9.9%31.6%64.4%33.2%6.8%-3.9%-672.7K14.4M-389.6K0.6455.83N/AN/A7875012,9255,241
2022-04-26$495.14$510.0035.6%10.2%31.2%68.4%35.0%6.9%-4.0%-264.9K7.2M-396.5K1.1054.44N/AN/A6637293,0605,222
2022-04-27$495.24$510.0037.1%10.6%30.7%73.9%40.4%7.4%-4.5%-436.1K10.7M-430.2K2.8651.13N/AN/A1644693,0645,572
2022-04-28$514.85$510.0030.2%8.7%34.0%47.7%32.5%6.2%-1.1%734.8K-15.2M-421.8K1.7963.21N/AN/A5761,0293,1565,997
2022-04-29$503.34$510.0030.8%8.8%34.9%49.7%30.6%5.1%-1.8%-91.6K72.2K-413.8K2.0052.58N/AN/A6131,2273,1795,989