GWW Options History — December 2022

In December 2022, GWW traded between $554.62 and $603.25. ATM implied volatility averaged 26.4%, placing in the 31.6% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 6.4% (HV 20d: 19.9%). Max pain ranged from $500.00 to $570.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 2.46.

Notable Days

  • 2022-12-01: Highest Volume — 411 contracts
  • 2022-12-14: Largest IV drop — 25.6% change
  • 2022-12-12: Highest IV Rank — 71.3%
  • 2022-12-07: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$574.08$554.62$603.25$603.25$554.62
Max Pain$533.81$500.00$570.00$570.00$540.00
ATM IV26.4%21.9%36.5%26.2%24.6%
Expected Move7.1%6.3%7.7%7.5%7.1%
HV 20d19.9%16.9%24.0%22.7%18.7%
HV 60d29.1%27.2%30.8%30.4%27.3%
IV Rank31.6%14.1%71.3%31.1%24.8%
IV Percentile34.3%9.5%90.5%32.5%20.6%
Term Structure4.2%-1.6%7.0%-1.6%6.0%
VWIV25.3%20.9%29.4%29.4%23.4%
Skew 25d3.7%2.4%4.9%3.7%3.0%
Skew 10d7.3%2.7%12.8%11.6%12.8%
Call IV 25d23.2%20.9%24.6%24.2%22.9%
Put IV 25d26.9%23.3%29.3%27.9%25.9%
Bid-Ask Spread %81.6074.8791.1688.6987.19
Gamma HHI0.100.080.130.080.11
Net GEX-1.1M-2.2M-42.9K-42.9K-1.5M
Net DEX-13.6M-38.8M10.0M-38.8M2.7M
Net VEX-287.4K-319.0K-271.5K-319.0K-278.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.460.0811.001.020.35
Total Volume121.191841141142
Total OI6,082.5715,0706,8286,6075,486

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-12-01$603.25$570.0026.2%7.5%22.7%31.1%29.4%3.7%-1.6%-42.9K-38.8M-319.0K1.0288.69N/AN/A2032082,0324,575
2022-12-02$600.84$570.0024.5%7.0%21.9%24.5%29.2%4.1%-0.8%-118.2K-37.6M-296.3K2.0091.16N/AN/A24481,9184,513
2022-12-05$585.11$500.0026.7%7.1%23.9%32.7%27.6%4.5%3.4%-480.3K-25.1M-301.5K3.5778.73N/AN/A21751,9274,556
2022-12-06$580.16$510.0028.0%7.2%24.0%38.0%27.6%4.8%4.0%-728.4K-20.6M-303.2K1.5481.53N/AN/A35541,9364,544
2022-12-07$586.09$510.0030.4%7.7%23.7%47.3%27.2%4.7%2.4%-598.4K-25.6M-298.8K2.3774.87N/AN/A27641,9454,581
2022-12-08$590.57$510.0030.1%7.6%22.7%46.4%25.6%4.9%2.6%-506.1K-30.0M-300.9K0.4076.40N/AN/A43171,9604,623
2022-12-09$588.74$510.0029.2%7.4%20.4%42.5%26.7%4.1%3.5%-554.3K-28.7M-296.6K3.4178.04N/AN/A29991,9724,635
2022-12-12$591.80$530.0036.5%7.5%16.9%71.3%26.2%3.5%2.9%-527.5K-31.5M-278.3K0.5075.26N/AN/A52261,9874,693
2022-12-13$583.19$530.0033.6%7.3%17.6%60.0%24.1%3.9%3.4%-859.0K-23.2M-283.7K6.6681.04N/AN/A322131,9874,702
2022-12-14$573.98$530.0025.0%7.2%18.1%26.3%23.9%3.9%3.8%-1.5M-13.9M-275.2K1.1782.34N/AN/A54632,0164,733
2022-12-15$561.66$530.0025.3%7.3%19.0%27.6%25.5%3.5%5.0%-2.2M3.2M-285.5K1.4778.64N/AN/A43632,0494,770
2022-12-16$557.03$530.0024.3%7.0%18.9%23.4%25.9%3.3%6.0%-2.2M10.0M-282.3K0.7377.22N/AN/A93682,0594,769
2022-12-19$560.37$530.0024.2%6.9%18.8%23.2%24.2%4.2%6.0%-1.4M-1.8M-276.8K1.0880.43N/AN/A1421531,3133,757
2022-12-20$565.25$540.0022.9%6.6%18.7%18.2%22.8%3.7%6.5%-1.3M-5.4M-280.3K0.8979.30N/AN/A18161,4043,856
2022-12-21$566.44$540.0021.9%6.3%18.4%14.1%22.3%2.6%6.8%-1.3M-6.2M-284.4K9.0681.03N/AN/A181631,4193,863
2022-12-22$558.59$540.0023.8%6.8%18.8%21.7%24.3%2.5%5.6%-1.4M-1.0M-279.7K3.5782.59N/AN/A21751,4323,938
2022-12-23$564.80$550.0022.2%6.4%19.3%15.3%20.9%2.4%7.0%-1.4M-4.7M-283.9K0.1384.64N/AN/A1621,4503,966
2022-12-27$565.89$550.0024.9%7.1%18.6%26.0%25.9%4.6%4.3%-1.4M-5.1M-283.4K11.0083.99N/AN/A2221,4613,968
2022-12-28$556.00$550.0024.8%7.1%19.3%25.5%24.2%3.7%5.4%-1.5M1.6M-275.6K0.0885.92N/AN/A124101,4623,979
2022-12-29$561.34$540.0024.6%7.0%18.6%24.6%24.5%2.9%5.9%-1.4M-2.5M-271.5K0.6884.68N/AN/A40271,5213,977
2022-12-30$554.62$540.0024.6%7.1%18.7%24.8%23.4%3.0%6.0%-1.5M2.7M-278.8K0.3587.19N/AN/A31111,4923,994