GWW Options History — July 2022

In July 2022, GWW traded between $453.33 and $543.64. ATM implied volatility averaged 30.0%, placing in the 47.0% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded below realized volatility by 1.2% (HV 20d: 31.3%). Max pain ranged from $450.00 to $480.00. Net GEX was positive for 4 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.70.

Notable Days

  • 2022-07-29: Highest Volume — 3,105 contracts
  • 2022-07-29: Largest IV drop — 35.7% change
  • 2022-07-13: Highest IV Rank — 68.6%
  • 2022-07-13: Largest Expected Move — 10.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$474.34$453.33$543.64$463.64$543.64
Max Pain$452.00$450.00$480.00$480.00$460.00
ATM IV30.0%20.3%35.7%25.3%20.3%
Expected Move9.1%5.8%10.2%7.2%5.8%
HV 20d31.3%25.6%38.4%30.2%38.4%
HV 60d32.4%30.1%34.4%33.3%34.4%
IV Rank47.0%9.5%68.6%28.6%9.5%
IV Percentile73.8%13.1%95.2%47.6%13.1%
Term Structure-3.2%-5.3%7.4%7.4%2.5%
VWIV33.6%24.0%37.6%24.7%24.0%
Skew 25d6.5%3.7%7.8%5.8%4.2%
Skew 10d15.5%8.9%18.4%13.5%10.2%
Call IV 25d29.5%19.3%33.3%22.7%19.3%
Put IV 25d36.0%23.5%40.7%28.5%23.5%
Bid-Ask Spread %55.9140.0481.2679.1247.67
Gamma HHI0.060.050.110.060.06
Net GEX-723.7K-2.2M2.5M-1.7M2.5M
Net DEX6.5M-96.4M39.7M27.7M-96.4M
Net VEX-413.3K-441.7K-373.0K-441.7K-373.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.510.950.550.58
Total Volume1,946.91,6333,1051,8283,105
Total OI7,459.656,1198,6418,0187,668

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-07-01$463.64$480.0025.3%7.2%30.2%28.6%24.7%5.8%7.4%-1.7M27.7M-441.7K0.5579.12N/AN/A1,1766523,5844,434
2022-07-05$454.13$450.0029.3%9.8%30.8%44.0%34.1%6.6%-4.5%-2.1M39.7M-430.1K0.5542.46N/AN/A1,1856543,6214,461
2022-07-06$470.69$450.0026.5%9.5%33.9%33.2%37.6%7.6%-4.2%-1.2M16.6M-428.6K0.5742.87N/AN/A1,1796713,6534,457
2022-07-07$472.31$450.0026.0%9.3%33.3%31.6%35.6%7.1%-3.7%-1.1M15.2M-428.5K0.5643.42N/AN/A1,1756633,6904,526
2022-07-08$475.71$450.0022.4%9.1%33.2%17.9%34.7%7.1%-3.9%-906.6K9.9M-422.3K0.5644.89N/AN/A1,1766553,7014,539
2022-07-11$476.90$450.0028.7%9.5%33.3%41.9%36.1%7.5%-4.7%-676.9K7.2M-412.9K0.5244.08N/AN/A1,2016303,7354,537
2022-07-12$473.56$450.0033.8%9.9%33.1%61.5%36.4%7.8%-5.3%-931.1K11.2M-416.8K0.5144.38N/AN/A1,2976633,7434,545
2022-07-13$456.90$450.0035.7%10.2%34.3%68.6%36.7%7.4%-5.3%-2.2M35.9M-413.5K0.5240.04N/AN/A1,4417513,8234,580
2022-07-14$455.81$450.0034.4%9.9%33.8%63.8%36.6%6.8%-3.7%-2.2M35.9M-422.8K0.7045.67N/AN/A1,1337933,9614,675
2022-07-15$457.12$450.0031.7%9.1%33.7%53.5%33.4%7.2%-3.3%-2.2M32.0M-409.0K0.7051.79N/AN/A1,1277944,0064,635
2022-07-18$453.33$450.0033.2%9.5%30.8%59.1%33.0%7.3%-3.2%-1.1M27.2M-405.9K0.9350.78N/AN/A8868222,4253,694
2022-07-19$467.00$450.0031.0%8.9%30.3%50.5%31.9%7.1%-3.3%-718.1K12.2M-403.6K0.8857.46N/AN/A8957852,4603,710
2022-07-20$471.40$450.0031.5%9.0%29.8%52.6%33.1%6.5%-2.8%-552.7K6.7M-399.6K0.8669.76N/AN/A8957742,5363,690
2022-07-21$471.85$450.0031.2%8.9%29.8%51.5%32.7%6.8%-3.8%-444.6K4.9M-403.1K0.9057.83N/AN/A8707792,5703,709
2022-07-22$474.09$450.0031.0%8.9%29.5%50.6%32.7%6.5%-4.0%-344.5K2.4M-400.7K0.8960.87N/AN/A8657682,6623,733
2022-07-25$480.53$450.0031.3%9.0%27.8%51.8%33.7%6.8%-4.9%-105.8K-5.5M-392.6K0.7761.17N/AN/A1,0207872,6843,748
2022-07-26$479.33$450.0033.8%9.7%27.7%61.5%35.2%5.0%-4.7%14.3K-5.6M-405.4K0.9574.17N/AN/A9238802,8843,789
2022-07-27$488.87$450.0032.1%9.2%25.6%55.0%35.7%5.3%-4.4%413.5K-16.5M-422.6K0.7078.44N/AN/A1,3559452,9764,102
2022-07-28$500.04$450.0031.6%9.0%26.4%52.8%34.6%3.7%-3.8%1.0M-30.1M-432.8K0.7381.26N/AN/A1,4851,0833,0304,217
2022-07-29$543.64$460.0020.3%5.8%38.4%9.5%24.0%4.2%2.5%2.5M-96.4M-373.0K0.5847.67N/AN/A1,9681,1373,3204,348