GWW Options History — July 2024

In July 2024, GWW traded between $899.19 and $984.28. ATM implied volatility averaged 26.0%, placing in the 49.1% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded above realized volatility by 6.5% (HV 20d: 19.5%). Max pain ranged from $840.00 to $890.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.69.

Notable Days

  • 2024-07-12: Highest Volume — 2,326 contracts
  • 2024-07-10: Largest IV spike — 15.9% change
  • 2024-07-30: Highest IV Rank — 75.8%
  • 2024-07-30: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$941.29$899.19$984.28$899.19$983.35
Max Pain$864.09$840.00$890.00$880.00$880.00
ATM IV26.0%20.3%32.3%20.5%32.0%
Expected Move7.6%5.8%9.3%5.9%9.2%
HV 20d19.5%14.1%24.4%17.1%24.3%
HV 60d18.5%16.2%20.0%17.7%20.0%
IV Rank49.1%24.7%75.8%25.8%74.4%
IV Percentile81.4%56.3%98.0%58.3%97.2%
Term Structure-3.1%-7.0%4.7%4.7%-6.4%
VWIV26.3%19.7%31.9%20.3%31.6%
Skew 25d1.7%0.2%3.6%1.1%3.6%
Skew 10d3.2%0.8%5.5%1.4%3.3%
Call IV 25d25.5%19.5%30.3%19.6%29.9%
Put IV 25d27.3%20.6%33.9%20.7%33.5%
Bid-Ask Spread %81.3373.8589.7287.4384.42
Gamma HHI0.100.080.140.090.10
Net GEX24.0M19.9M34.2M21.9M21.0M
Net DEX-726.9M-1.09B-471.4M-471.4M-899.8M
Net VEX-1.9M-2.1M-1.5M-2.1M-1.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.044.574.570.31
Total Volume814.136212,3261171,574
Total OI20,008.27318,30424,06219,14519,010

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$899.19$880.0020.5%5.9%17.1%25.8%20.3%1.1%4.7%21.9M-471.4M-2.1M4.5787.43N/AN/A219612,7866,359
2024-07-02$914.76$880.0020.8%6.0%15.2%27.0%21.8%2.5%4.4%24.3M-563.9M-2.0M3.4588.33N/AN/A27093212,8046,419
2024-07-03$917.46$890.0020.3%5.8%15.1%24.7%19.7%1.1%4.4%23.3M-579.8M-2.0M0.2389.72N/AN/A1724012,7956,703
2024-07-05$913.50$840.0020.5%7.2%15.3%25.8%24.8%2.0%-2.9%23.2M-556.0M-2.0M0.2574.44N/AN/A1383512,8476,705
2024-07-08$919.84$840.0021.4%7.4%14.5%29.6%25.4%2.5%-3.1%25.1M-593.4M-1.9M0.4080.54N/AN/A26410512,8416,719
2024-07-09$910.13$840.0022.9%7.3%14.1%36.0%25.7%1.1%-3.3%21.8M-532.9M-1.9M0.0474.33N/AN/A5592412,6576,781
2024-07-10$902.75$840.0026.6%7.6%14.4%51.5%26.5%2.6%-4.4%19.9M-471.6M-1.9M0.0973.85N/AN/A7937412,6946,793
2024-07-11$904.10$840.0026.4%7.6%14.4%50.6%26.1%1.7%-4.4%21.7M-499.6M-1.9M0.4874.93N/AN/A53325712,9396,829
2024-07-12$924.08$840.0023.8%6.8%15.6%39.8%23.7%1.3%-3.5%30.6M-673.7M-1.7M0.1178.48N/AN/A2,10322313,3457,025
2024-07-15$946.73$840.0024.9%7.1%17.6%44.2%25.3%1.0%-3.7%34.2M-857.2M-1.6M0.4578.32N/AN/A1,50968613,9837,098
2024-07-16$984.28$840.0025.9%7.4%21.0%48.5%26.7%0.2%-3.0%25.3M-1.09B-1.5M0.4576.12N/AN/A1,47365614,4497,933
2024-07-17$976.86$860.0025.9%7.4%20.6%48.5%25.6%0.6%-3.3%29.1M-1.05B-1.6M0.1977.43N/AN/A1,17322214,7108,487
2024-07-18$957.39$860.0027.3%7.8%22.2%54.4%24.6%2.3%-4.7%29.4M-922.7M-1.9M0.1080.91N/AN/A1,62416514,7678,654
2024-07-19$943.62$880.0027.0%7.7%22.5%53.1%26.9%0.7%-2.7%26.1M-861.0M-2.1M0.5081.62N/AN/A1135715,3228,740
2024-07-22$950.88$880.0027.0%7.8%22.6%53.4%24.4%1.9%-4.6%21.7M-725.7M-1.9M0.1482.49N/AN/A5097012,3375,967
2024-07-23$951.56$880.0027.1%7.8%22.6%53.7%27.3%1.5%-4.0%22.5M-736.9M-2.0M0.7086.52N/AN/A1429912,5256,013
2024-07-24$938.08$880.0028.4%8.1%23.2%59.3%28.8%2.3%-4.0%21.6M-654.2M-2.1M1.6383.42N/AN/A81312,5706,098
2024-07-25$958.37$880.0030.3%8.7%24.1%67.5%29.6%1.9%-5.4%21.4M-765.5M-2.0M0.4584.60N/AN/A29613412,5726,097
2024-07-26$972.11$880.0029.9%8.6%24.4%65.8%29.7%0.8%-4.6%20.9M-829.6M-1.9M0.1985.61N/AN/A2675112,6386,198
2024-07-29$971.63$880.0031.3%9.0%24.2%71.4%31.4%1.9%-6.6%21.2M-837.8M-1.8M0.3683.88N/AN/A1776312,7256,244
2024-07-30$967.78$880.0032.3%9.3%24.3%75.8%31.9%3.5%-7.0%21.5M-821.0M-1.8M0.0781.90N/AN/A1791212,7506,254
2024-07-31$983.35$880.0032.0%9.2%24.3%74.4%31.6%3.6%-6.4%21.0M-899.8M-1.7M0.3184.42N/AN/A1,20237212,7646,246