GWW Options History — July 2023

In July 2023, GWW traded between $723.94 and $795.07. ATM implied volatility averaged 25.7%, placing in the 32.9% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 4.4% (HV 20d: 21.3%). Max pain ranged from $710.00 to $750.00. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 1.28.

Notable Days

  • 2023-07-13: Highest Volume — 881 contracts
  • 2023-07-27: Largest IV drop — 29.0% change
  • 2023-07-26: Highest IV Rank — 59.2%
  • 2023-07-26: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$766.62$723.94$795.07$784.33$738.34
Max Pain$737.50$710.00$750.00$710.00$740.00
ATM IV25.7%19.9%31.3%19.9%20.8%
Expected Move7.7%5.7%9.0%5.7%6.0%
HV 20d21.3%16.6%25.2%20.8%24.7%
HV 60d22.2%20.2%23.2%21.9%23.2%
IV Rank32.9%5.9%59.2%5.9%10.2%
IV Percentile42.2%3.2%80.2%3.2%9.5%
Term Structure-2.5%-5.4%7.3%7.3%0.2%
VWIV27.1%20.1%31.4%21.9%21.5%
Skew 25d3.5%2.2%5.1%2.9%2.2%
Skew 10d6.8%3.5%9.3%4.8%5.1%
Call IV 25d25.5%18.1%29.4%18.1%20.2%
Put IV 25d29.0%21.0%33.3%21.0%22.4%
Bid-Ask Spread %74.1467.4987.7484.9085.83
Gamma HHI0.160.060.440.060.08
Net GEX-916.2K-9.6M2.5M2.3M859.5K
Net DEX-56.9M-97.7M-8.6M-86.3M-27.5M
Net VEX-369.8K-410.7K-316.0K-350.0K-344.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.280.335.030.910.54
Total Volume270.85668819083
Total OI7,627.056,5088,8007,0247,158

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$784.33$710.0019.9%5.7%20.8%5.9%21.9%2.9%7.3%2.3M-86.3M-350.0K0.9184.90N/AN/A47432,2984,726
2023-07-05$782.41$710.0020.6%5.9%20.8%9.3%20.9%2.8%6.3%2.3M-84.8M-345.8K1.7487.74N/AN/A1121952,3194,750
2023-07-06$779.26$740.0021.6%7.9%21.2%13.8%26.5%4.0%-3.3%1.8M-78.1M-365.7K0.5570.16N/AN/A1941072,3594,887
2023-07-07$776.82$740.0020.2%7.8%20.9%7.5%27.1%5.1%-3.2%1.8M-77.5M-375.6K1.0969.69N/AN/A77842,4954,922
2023-07-10$795.07$740.0021.0%7.9%21.8%11.1%27.7%4.4%-3.6%2.5M-97.7M-374.3K1.1968.71N/AN/A901072,5484,971
2023-07-11$793.67$740.0022.9%8.1%21.9%19.8%28.5%3.5%-4.0%2.3M-96.0M-369.1K0.7267.49N/AN/A2441752,5545,008
2023-07-12$777.46$740.0028.2%8.1%22.9%44.7%28.2%4.0%-4.2%862.1K-74.7M-392.9K0.8069.77N/AN/A2852272,6155,139
2023-07-13$765.13$740.0028.6%8.2%23.1%46.9%28.5%4.4%-4.4%517.3K-59.7M-393.9K5.0368.79N/AN/A1467352,7765,239
2023-07-14$762.42$740.0028.5%8.2%22.2%46.4%28.4%3.2%-4.2%-4.8M-38.0M-410.7K1.4168.13N/AN/A1401972,8355,785
2023-07-17$764.07$740.0029.5%8.5%20.5%50.9%29.9%3.7%-4.8%-5.1M-41.7M-395.6K1.2567.64N/AN/A69862,8575,782
2023-07-18$759.25$740.0029.3%8.4%19.9%50.0%29.2%3.4%-4.8%-6.7M-30.8M-387.9K0.3369.22N/AN/A141462,8585,827
2023-07-19$766.00$740.0029.3%8.4%20.1%49.8%29.9%3.3%-5.0%-6.6M-49.7M-388.7K0.7469.28N/AN/A58432,9265,831
2023-07-20$764.59$740.0029.6%8.5%19.7%51.5%28.8%3.3%-3.2%-9.6M-44.7M-377.9K1.2370.94N/AN/A47582,9275,850
2023-07-21$769.06$740.0029.1%8.3%19.4%49.1%29.5%3.5%-3.7%-5.4M-62.6M-368.9K0.6371.70N/AN/A112712,9425,858
2023-07-24$773.40$740.0030.1%8.6%19.5%53.8%30.4%4.2%-4.6%1.6M-60.9M-362.6K1.5775.46N/AN/A44692,2654,243
2023-07-25$766.56$740.0030.5%8.7%19.4%55.5%31.3%3.3%-4.8%1.4M-54.2M-366.4K2.0072.91N/AN/A22442,2804,302
2023-07-26$763.96$740.0031.3%9.0%16.6%59.2%31.4%3.9%-5.4%1.3M-51.8M-366.8K2.1176.44N/AN/A641352,2834,333
2023-07-27$723.94$750.0022.2%6.4%25.2%16.8%22.1%2.4%-0.5%273.4K-8.6M-316.0K1.3682.01N/AN/A3534792,2814,462
2023-07-28$726.63$740.0020.0%5.7%24.6%6.6%20.1%2.2%0.6%80.9K-12.2M-343.1K0.4285.95N/AN/A132562,4054,645
2023-07-31$738.34$740.0020.8%6.0%24.7%10.2%21.5%2.2%0.2%859.5K-27.5M-344.7K0.5485.83N/AN/A54292,5064,652