GWW Options History — April 2024

In April 2024, GWW traded between $919.20 and $1015.37. ATM implied volatility averaged 25.2%, placing in the 43.2% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 6.9% (HV 20d: 18.3%). Max pain ranged from $840.00 to $920.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 2.02.

Notable Days

  • 2024-04-17: Highest Volume — 2,977 contracts
  • 2024-04-25: Largest IV drop — 24.8% change
  • 2024-04-15: Highest IV Rank — 62.6%
  • 2024-04-15: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$968.81$919.20$1015.37$1011.09$919.20
Max Pain$877.27$840.00$920.00$840.00$920.00
ATM IV25.2%19.4%29.6%20.7%20.3%
Expected Move7.4%5.6%8.5%5.9%5.8%
HV 20d18.3%15.8%21.0%15.8%19.6%
HV 60d22.3%18.1%23.8%21.5%18.1%
IV Rank43.2%18.2%62.6%23.5%22.3%
IV Percentile71.4%29.8%90.9%47.6%45.2%
Term Structure-2.4%-5.5%4.8%4.8%-0.6%
VWIV26.2%19.7%30.7%20.3%21.1%
Skew 25d1.6%0.9%2.5%1.9%1.2%
Skew 10d3.0%0.9%4.5%3.6%1.7%
Call IV 25d25.4%18.9%28.9%19.7%20.4%
Put IV 25d27.0%20.4%30.8%21.7%21.5%
Bid-Ask Spread %73.0760.9385.4580.6985.45
Gamma HHI0.080.060.120.120.09
Net GEX20.3M14.8M28.6M25.8M16.2M
Net DEX-842.5M-1.17B-515.0M-1.14B-515.0M
Net VEX-2.1M-2.3M-1.8M-1.8M-2.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.020.0615.910.090.19
Total Volume741.3181912,977461546
Total OI23,841.09119,64426,82123,48621,190

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$1011.09$840.0020.7%5.9%15.8%23.5%20.3%1.9%4.8%25.8M-1.14B-1.8M0.0980.69N/AN/A4233815,0158,471
2024-04-02$1001.33$840.0020.8%6.0%16.0%24.3%19.9%2.5%4.8%27.6M-1.08B-1.9M0.1682.70N/AN/A71811515,3258,496
2024-04-03$1008.36$840.0021.2%6.1%16.1%25.8%21.2%1.8%4.8%28.1M-1.13B-1.9M0.1281.27N/AN/A5296315,4258,589
2024-04-04$992.60$840.0022.1%7.6%17.0%29.8%26.8%1.8%-3.0%28.6M-1.05B-2.0M13.1069.67N/AN/A3039315,5758,619
2024-04-05$1013.80$840.0022.1%7.7%18.2%29.9%27.6%1.5%-3.1%26.8M-1.16B-1.9M0.5260.93N/AN/A47524815,5868,965
2024-04-08$1015.37$840.0022.8%7.7%16.7%32.6%28.6%2.3%-3.3%26.0M-1.17B-1.9M0.3165.31N/AN/A2758615,7249,180
2024-04-09$1004.81$840.0024.9%8.0%16.8%42.2%27.9%1.8%-3.6%25.7M-1.10B-2.0M0.1867.76N/AN/A83914915,7869,237
2024-04-10$1002.04$840.0028.2%8.1%16.6%56.3%28.3%1.1%-3.8%26.6M-1.10B-2.0M2.9263.55N/AN/A23869515,9529,292
2024-04-11$967.74$840.0027.8%8.0%21.0%54.7%28.5%1.1%-3.5%20.7M-829.7M-2.3M3.7068.52N/AN/A23988516,0589,839
2024-04-12$964.55$880.0029.4%8.4%19.8%61.6%29.9%2.2%-4.2%18.2M-793.3M-2.3M0.4763.23N/AN/A49123216,17510,441
2024-04-15$954.30$900.0029.6%8.5%20.1%62.6%30.7%1.9%-5.2%16.2M-725.3M-2.3M0.2472.55N/AN/A62115016,30210,509
2024-04-16$958.50$900.0028.9%8.3%19.9%59.6%29.6%1.6%-4.4%16.4M-745.4M-2.3M0.0973.08N/AN/A3223016,33710,484
2024-04-17$950.08$900.0029.2%8.4%19.9%60.8%30.1%1.9%-4.9%16.2M-717.5M-2.3M15.9171.35N/AN/A1762,80116,37410,240
2024-04-18$940.67$900.0028.7%8.2%19.5%58.7%28.3%1.2%-3.9%15.3M-693.3M-2.3M2.8773.46N/AN/A23667716,4189,963
2024-04-19$939.90$900.0029.2%8.4%17.8%60.7%29.1%1.2%-4.4%15.7M-703.2M-2.3M0.2370.59N/AN/A57112916,47010,051
2024-04-22$945.60$900.0029.2%8.4%18.2%60.6%29.4%0.9%-5.4%14.8M-652.3M-2.2M0.8471.98N/AN/A1048712,4407,204
2024-04-23$957.44$900.0029.3%8.4%18.7%60.9%29.9%1.3%-5.4%15.1M-706.9M-2.1M0.7572.74N/AN/A26519812,5127,267
2024-04-24$956.49$900.0028.7%8.2%18.7%58.6%29.0%1.6%-5.5%16.1M-710.7M-2.2M1.0771.78N/AN/A30632812,7607,422
2024-04-25$950.08$900.0021.6%6.2%18.4%27.5%21.6%1.1%-0.7%17.5M-681.9M-2.1M0.2778.36N/AN/A67118112,9847,719
2024-04-26$929.53$920.0019.4%5.6%19.4%18.2%19.7%1.5%-0.8%16.5M-569.6M-2.2M0.3778.96N/AN/A36013313,1117,828
2024-04-29$930.33$920.0019.9%5.7%19.5%20.2%19.7%1.3%-0.8%17.3M-574.6M-2.2M0.0683.57N/AN/A2411513,2597,910
2024-04-30$919.20$920.0020.3%5.8%19.6%22.3%21.1%1.2%-0.6%16.2M-515.0M-2.2M0.1985.45N/AN/A4588813,2687,922