GWW Options History — October 2023

In October 2023, GWW traded between $675.04 and $737.13. ATM implied volatility averaged 26.2%, placing in the 39.7% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 5.2% (HV 20d: 21.0%). Max pain ranged from $690.00 to $710.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.43.

Notable Days

  • 2023-10-06: Highest Volume — 1,084 contracts
  • 2023-10-11: Largest IV spike — 39.3% change
  • 2023-10-25: Highest IV Rank — 68.6%
  • 2023-10-25: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$709.82$675.04$737.13$695.26$729.51
Max Pain$702.27$690.00$710.00$690.00$700.00
ATM IV26.2%20.4%32.8%21.9%21.1%
Expected Move7.9%6.1%9.4%6.3%6.1%
HV 20d21.0%12.5%29.9%14.5%29.5%
HV 60d19.2%17.9%21.1%18.7%20.3%
IV Rank39.7%14.2%68.6%20.7%17.4%
IV Percentile54.9%14.3%91.3%25.4%19.8%
Term Structure-1.3%-4.6%6.0%5.8%0.3%
VWIV27.3%21.5%32.8%21.8%22.6%
Skew 25d4.0%3.1%5.1%3.6%3.6%
Skew 10d8.2%5.6%10.7%6.9%6.6%
Call IV 25d26.0%19.9%32.0%21.0%19.9%
Put IV 25d30.1%23.5%35.5%24.6%23.5%
Bid-Ask Spread %71.7763.4586.6982.6181.95
Gamma HHI0.100.070.160.080.11
Net GEX8.7M3.5M16.0M4.1M16.0M
Net DEX-80.1M-176.7M-8.8M-31.6M-156.3M
Net VEX-487.0K-656.3K-363.4K-368.3K-656.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.430.081.770.270.23
Total Volume553.545361,084109799
Total OI8,292.2276,57610,2306,5769,729

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$695.26$690.0021.9%6.3%14.5%20.7%21.8%3.6%5.8%4.1M-31.6M-368.3K0.2782.61N/AN/A86233,5513,025
2023-10-03$687.44$690.0024.1%6.9%12.5%30.3%23.8%4.2%5.2%3.5M-19.8M-363.4K0.2886.69N/AN/A115323,5933,044
2023-10-04$698.82$690.0022.4%6.4%13.8%22.8%22.5%3.1%6.0%4.9M-41.2M-381.9K0.1884.75N/AN/A95173,6703,059
2023-10-05$703.19$700.0022.6%8.3%14.0%23.8%29.1%4.7%-2.1%5.4M-49.2M-387.6K1.7764.65N/AN/A13233,7353,068
2023-10-06$719.44$700.0020.6%8.0%16.0%15.0%27.5%4.5%-2.1%6.7M-80.7M-389.9K0.0963.89N/AN/A996883,7893,065
2023-10-09$725.38$700.0021.2%8.0%16.1%17.9%27.8%4.5%-2.3%8.2M-104.1M-445.5K0.1263.45N/AN/A339394,2403,089
2023-10-10$712.78$700.0020.4%8.0%17.4%14.2%27.4%4.5%-2.6%8.8M-80.5M-434.0K0.6465.99N/AN/A1961254,4233,101
2023-10-11$713.21$700.0028.4%8.1%17.4%49.3%29.8%4.1%-1.5%8.8M-82.1M-441.1K1.5069.40N/AN/A3375044,5203,126
2023-10-12$735.28$700.0027.0%7.7%19.8%43.1%27.2%4.4%-2.0%11.3M-146.2M-460.7K0.2565.73N/AN/A7951974,8173,482
2023-10-13$730.39$700.0029.4%8.4%20.0%53.7%29.3%3.8%-3.0%13.2M-142.8M-520.8K0.2766.00N/AN/A4341165,2243,559
2023-10-16$731.44$710.0028.7%8.2%20.0%50.5%27.7%3.8%-3.2%14.7M-152.9M-502.4K0.2366.51N/AN/A354825,4033,695
2023-10-17$737.13$710.0028.5%8.2%20.0%49.8%28.6%3.4%-3.3%15.1M-176.7M-515.5K0.0872.19N/AN/A566465,6143,730
2023-10-18$713.27$710.0030.9%8.9%23.3%60.2%30.4%3.8%-3.6%10.9M-93.0M-511.4K0.3768.49N/AN/A6272305,7153,753
2023-10-19$701.65$710.0031.5%9.0%24.2%62.8%30.8%4.4%-3.5%6.7M-50.1M-513.9K0.8667.01N/AN/A5654875,9583,861
2023-10-20$693.06$710.0032.2%9.2%24.5%66.0%31.8%4.9%-3.5%6.0M-15.3M-513.9K0.2667.73N/AN/A6341626,1994,031
2023-10-23$688.17$710.0032.4%9.3%24.2%66.7%31.9%5.1%-3.9%4.4M-24.8M-500.9K0.6469.61N/AN/A126814,9922,780
2023-10-24$688.46$710.0031.7%9.1%24.0%63.5%30.4%3.6%-4.3%4.7M-27.8M-507.2K0.0970.24N/AN/A367325,0922,841
2023-10-25$675.04$710.0032.8%9.4%24.1%68.6%32.8%3.5%-4.6%3.9M-8.8M-485.9K0.5672.25N/AN/A4612595,4382,850
2023-10-26$702.43$700.0024.7%7.1%28.2%33.0%24.1%3.5%-0.8%8.3M-56.7M-565.3K0.3178.46N/AN/A6782105,7762,989
2023-10-27$706.35$700.0022.8%6.5%28.0%24.8%22.4%3.9%0.0%10.3M-75.3M-609.7K0.3274.37N/AN/A261846,1873,132
2023-10-30$728.26$700.0021.5%6.2%29.9%19.0%21.5%3.6%0.1%14.9M-146.5M-639.4K0.2576.96N/AN/A399986,3163,168
2023-10-31$729.51$700.0021.1%6.1%29.5%17.4%22.6%3.6%0.3%16.0M-156.3M-656.3K0.2381.95N/AN/A6491506,5343,195