GWW Options History — August 2022

In August 2022, GWW traded between $542.58 and $586.48. ATM implied volatility averaged 23.7%, placing in the 22.5% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded below realized volatility by 7.8% (HV 20d: 31.5%). Max pain ranged from $470.00 to $530.00. Net GEX was positive for 19 of 23 trading days. Term structure was in contango for 20 of 23 days. Put/call ratio averaged 2.98.

Notable Days

2022-08-05: Highest Volume — 3,020 contracts
2022-08-11: Largest IV spike — 17.6% change
2022-08-31: Highest IV Rank — 34.3%
2022-08-31: Largest Expected Move — 7.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$567.16	$542.58	$586.48	$548.66	$555.66
Max Pain	$505.65	$470.00	$530.00	$470.00	$530.00
ATM IV	23.7%	20.8%	26.7%	23.1%	26.7%
Expected Move	6.8%	5.9%	7.7%	6.6%	7.7%
HV 20d	31.5%	19.4%	38.1%	38.1%	20.2%
HV 60d	31.0%	30.2%	33.2%	33.2%	31.0%
IV Rank	22.5%	11.3%	34.3%	20.2%	34.3%
IV Percentile	36.8%	16.3%	54.4%	36.1%	54.4%
Term Structure	1.1%	-0.5%	2.6%	-0.5%	1.6%
VWIV	25.7%	21.9%	28.6%	25.3%	28.6%
Skew 25d	4.2%	2.4%	7.3%	5.0%	4.9%
Skew 10d	11.5%	3.5%	18.5%	5.5%	7.3%
Call IV 25d	23.5%	20.7%	26.8%	22.3%	26.5%
Put IV 25d	27.7%	23.6%	31.3%	27.3%	31.3%
Bid-Ask Spread %	82.38	71.14	89.75	81.01	81.36
Gamma HHI	0.09	0.06	0.12	0.08	0.11
Net GEX	1.4M	-329.5K	3.2M	3.2M	-190.6K
Net DEX	-92.1M	-125.4M	-41.8M	-104.4M	-44.6M
Net VEX	-391.2K	-464.1K	-308.4K	-362.6K	-463.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.98	0.60	12.13	0.67	1.90
Total Volume	999.87	20	3,020	2,861	1,942
Total OI	8,587.696	7,942	9,694	7,942	9,076

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-08-01	$548.66	$470.00	23.1%	6.6%	38.1%	20.2%	25.3%	5.0%	-0.5%	3.2M	-104.4M	-362.6K	0.67	81.01	N/A	N/A	1,710	1,151	3,458	4,484
2022-08-02	$542.58	$470.00	26.0%	7.5%	37.3%	31.6%	28.5%	2.8%	-0.2%	2.7M	-92.9M	-391.5K	0.69	83.47	N/A	N/A	1,633	1,127	3,496	4,660
2022-08-03	$544.23	$470.00	23.4%	6.7%	35.9%	21.4%	25.6%	3.5%	0.4%	2.6M	-93.5M	-390.6K	0.81	83.58	N/A	N/A	1,349	1,098	3,513	4,739
2022-08-04	$542.73	$490.00	24.1%	6.9%	36.1%	24.2%	26.4%	2.4%	0.9%	2.6M	-92.8M	-403.7K	0.60	71.14	N/A	N/A	1,860	1,113	3,571	4,748
2022-08-05	$554.65	$490.00	21.3%	7.0%	36.4%	13.5%	26.1%	4.9%	0.1%	2.6M	-94.6M	-370.2K	0.66	81.48	N/A	N/A	1,824	1,196	3,224	4,836
2022-08-08	$562.21	$490.00	24.8%	6.9%	36.4%	27.0%	27.1%	3.5%	0.7%	2.6M	-102.3M	-366.9K	0.75	72.12	N/A	N/A	1,558	1,170	3,243	4,831
2022-08-09	$557.45	$490.00	25.1%	7.1%	36.5%	27.8%	26.7%	4.1%	0.4%	2.4M	-97.2M	-363.6K	1.65	77.46	N/A	N/A	248	410	3,235	4,833
2022-08-10	$565.98	$490.00	20.8%	5.9%	32.7%	11.3%	22.7%	2.9%	1.4%	2.5M	-106.3M	-339.6K	1.23	83.00	N/A	N/A	87	107	3,207	5,006
2022-08-11	$566.74	$490.00	24.4%	7.0%	32.5%	25.3%	24.7%	4.5%	-0.3%	2.3M	-106.2M	-341.8K	8.55	79.31	N/A	N/A	11	94	3,198	4,998
2022-08-12	$579.26	$490.00	22.5%	6.4%	32.6%	18.0%	25.0%	7.3%	2.6%	2.1M	-119.0M	-327.6K	2.71	89.75	N/A	N/A	34	92	3,208	5,041
2022-08-15	$583.00	$490.00	23.7%	6.8%	31.8%	22.8%	27.2%	4.5%	0.9%	2.0M	-124.0M	-314.5K	4.79	81.96	N/A	N/A	38	182	3,211	5,089
2022-08-16	$585.53	$500.00	22.3%	6.4%	31.2%	17.2%	24.8%	4.9%	1.4%	2.0M	-125.4M	-308.4K	6.33	82.28	N/A	N/A	24	152	3,210	5,183
2022-08-17	$586.48	$500.00	22.5%	6.5%	31.4%	18.1%	22.6%	3.3%	1.3%	1.8M	-123.7M	-313.5K	11.85	85.78	N/A	N/A	117	1,387	3,218	5,229
2022-08-18	$585.99	$530.00	21.8%	6.3%	31.5%	15.4%	21.9%	4.9%	1.0%	353.1K	-115.0M	-390.6K	1.28	81.35	N/A	N/A	60	77	3,299	6,395
2022-08-19	$581.91	$530.00	23.1%	6.6%	32.1%	20.5%	24.6%	4.0%	2.4%	248.4K	-106.0M	-410.4K	12.13	85.79	N/A	N/A	16	194	3,295	6,383
2022-08-22	$571.92	$530.00	25.0%	7.2%	33.5%	27.7%	25.3%	3.5%	0.5%	64.2K	-68.9M	-435.9K	0.91	82.22	N/A	N/A	140	128	2,906	5,803
2022-08-23	$577.10	$530.00	22.6%	6.5%	33.2%	18.4%	23.9%	6.7%	1.8%	72.3K	-75.8M	-455.1K	2.52	86.84	N/A	N/A	29	73	3,030	5,910
2022-08-24	$578.69	$530.00	22.0%	6.3%	33.1%	16.2%	23.7%	3.1%	2.3%	144.2K	-78.0M	-457.9K	1.47	85.19	N/A	N/A	43	63	3,032	5,903
2022-08-25	$583.18	$530.00	24.5%	7.0%	32.6%	25.6%	28.0%	4.3%	1.7%	155.4K	-84.3M	-429.4K	0.82	81.42	N/A	N/A	11	9	3,008	5,910
2022-08-26	$567.46	$530.00	23.0%	6.6%	19.5%	19.9%	26.0%	3.0%	1.7%	-26.9K	-62.4M	-449.2K	3.55	89.57	N/A	N/A	22	78	3,012	5,913
2022-08-29	$566.95	$530.00	25.4%	7.3%	19.4%	29.2%	27.7%	4.4%	0.8%	-169.4K	-60.2M	-447.0K	1.49	83.48	N/A	N/A	37	55	3,016	5,956
2022-08-30	$556.40	$530.00	26.3%	7.5%	20.2%	32.7%	28.0%	3.3%	1.5%	-329.5K	-41.8M	-464.1K	1.30	85.24	N/A	N/A	108	140	3,020	5,981
2022-08-31	$555.66	$530.00	26.7%	7.7%	20.2%	34.3%	28.6%	4.9%	1.6%	-190.6K	-44.6M	-463.0K	1.90	81.36	N/A	N/A	670	1,272	3,095	5,981