GWW Options History — September 2022

In September 2022, GWW traded between $486.98 and $574.52. ATM implied volatility averaged 29.3%, placing in the 43.5% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 6.6% (HV 20d: 22.7%). Max pain ranged from $530.00 to $550.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 3.98.

Notable Days

  • 2022-09-16: Highest Volume — 2,294 contracts
  • 2022-09-12: Largest IV spike — 28.8% change
  • 2022-09-29: Highest IV Rank — 55.5%
  • 2022-09-29: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$531.15$486.98$574.52$553.87$490.90
Max Pain$548.10$530.00$550.00$530.00$550.00
ATM IV29.3%23.2%32.4%28.0%30.8%
Expected Move8.4%7.5%9.3%8.0%8.8%
HV 20d22.7%18.7%26.8%20.2%26.8%
HV 60d30.0%28.8%31.0%30.9%29.2%
IV Rank43.5%19.4%55.5%39.2%49.0%
IV Percentile69.6%29.8%89.7%63.9%77.4%
Term Structure2.1%0.6%3.5%0.8%3.4%
VWIV29.9%27.1%34.8%28.2%30.9%
Skew 25d5.2%3.4%7.6%3.8%7.6%
Skew 10d11.6%1.2%18.6%16.0%8.5%
Call IV 25d27.3%24.4%31.3%28.3%29.2%
Put IV 25d32.5%28.9%37.3%32.1%36.8%
Bid-Ask Spread %79.5668.0492.0885.4382.54
Gamma HHI0.120.090.150.110.10
Net GEX-2.1M-4.8M192.1K-202.1K-4.8M
Net DEX16.4M-74.8M107.5M-41.8M102.1M
Net VEX-440.9K-471.6K-414.3K-454.8K-437.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.980.0732.802.412.78
Total Volume1,007.286592,2942251,855
Total OI9,430.6198,22710,0209,05410,020

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-09-01$553.87$530.0028.0%8.0%20.2%39.2%28.2%3.8%0.8%-202.1K-41.8M-454.8K2.4185.43N/AN/A661593,0835,971
2022-09-02$553.11$530.0026.3%7.5%18.7%32.6%28.7%5.5%2.0%-511.2K-36.8M-471.6K32.8092.08N/AN/A51643,0976,100
2022-09-06$560.36$550.0028.0%8.2%18.7%39.1%29.1%5.3%1.6%-170.8K-51.3M-431.7K1.3973.02N/AN/A7069783,1006,132
2022-09-07$574.52$550.0027.6%7.9%20.4%36.7%28.9%4.7%1.4%-89.7K-73.9M-432.6K1.5968.04N/AN/A6259923,1066,200
2022-09-08$569.21$550.0025.7%7.7%20.1%29.1%27.6%5.1%2.1%-241.2K-64.7M-444.9K0.6179.92N/AN/A75463,1376,274
2022-09-09$573.34$550.0023.2%7.5%20.2%19.4%28.7%4.5%2.3%-77.9K-74.8M-420.5K0.9780.39N/AN/A30293,1786,284
2022-09-12$566.77$550.0029.8%7.6%19.0%45.3%27.1%5.4%2.1%-302.4K-63.4M-414.3K1.6781.81N/AN/A611023,1866,306
2022-09-13$555.32$550.0031.7%8.0%19.9%52.6%29.8%5.6%1.9%-538.5K-40.1M-441.3K1.5274.05N/AN/A6741,0273,1886,361
2022-09-14$548.52$550.0028.3%8.1%20.1%39.4%28.9%5.3%0.8%-794.3K-22.8M-438.0K0.4581.34N/AN/A53243,1956,377
2022-09-15$531.68$550.0028.4%8.1%22.3%39.9%29.1%3.4%2.4%192.1K12.7M-426.2K1.4483.85N/AN/A1922773,2246,376
2022-09-16$523.69$550.0032.2%9.2%22.5%54.5%34.8%6.4%0.6%-2.7M49.4M-445.6K2.2970.26N/AN/A6971,5973,3176,390
2022-09-19$534.95$550.0029.5%8.5%24.4%44.3%28.3%4.5%1.8%-2.7M21.0M-424.3K0.3077.33N/AN/A151462,3295,898
2022-09-20$534.25$550.0030.7%8.8%23.9%48.7%31.0%4.6%1.9%-2.4M19.4M-420.6K1.4681.20N/AN/A2754012,4215,918
2022-09-21$519.74$550.0029.3%8.4%24.9%43.4%30.0%5.0%2.4%-2.8M42.6M-453.0K0.0784.69N/AN/A438312,6846,125
2022-09-22$508.43$550.0029.1%8.3%25.4%42.6%28.9%4.7%2.7%-3.0M60.9M-442.6K21.1681.11N/AN/A861,8203,0056,122
2022-09-23$493.29$550.0030.9%8.9%26.2%49.5%29.2%5.5%2.8%-4.6M97.2M-460.5K1.2081.15N/AN/A1171403,0666,861
2022-09-26$491.58$550.0032.0%9.2%25.2%53.7%32.0%4.7%2.8%-4.7M100.2M-459.3K2.2677.94N/AN/A5551,2553,1106,868
2022-09-27$487.94$550.0031.9%9.2%25.1%53.5%31.1%5.8%2.5%-4.7M107.5M-445.4K2.4678.70N/AN/A5451,3423,1416,879
2022-09-28$495.63$550.0030.0%8.6%26.0%46.0%30.6%5.0%3.5%-4.8M93.5M-443.0K2.3678.01N/AN/A5291,2483,1456,855
2022-09-29$486.98$550.0032.4%9.3%26.3%55.5%34.5%5.9%2.7%-4.8M106.8M-450.4K2.3977.81N/AN/A5131,2273,1686,846
2022-09-30$490.90$550.0030.8%8.8%26.8%49.0%30.9%7.6%3.4%-4.8M102.1M-437.6K2.7882.54N/AN/A4911,3643,1736,847