GWW Options History — August 2024

In August 2024, GWW traded between $936.42 and $980.10. ATM implied volatility averaged 20.4%, placing in the 25.2% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded below realized volatility by 5.9% (HV 20d: 26.3%). Max pain ranged from $880.00 to $930.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.83.

Notable Days

  • 2024-08-09: Highest Volume — 2,765 contracts
  • 2024-08-05: Largest IV spike — 25.0% change
  • 2024-08-05: Highest IV Rank — 69.0%
  • 2024-08-05: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$963.26$936.42$980.10$936.42$978.17
Max Pain$915.00$880.00$930.00$880.00$930.00
ATM IV20.4%15.4%30.7%22.0%16.3%
Expected Move5.6%4.4%7.7%6.3%4.7%
HV 20d26.3%15.5%31.0%30.6%15.5%
HV 60d22.6%21.3%23.6%22.4%21.4%
IV Rank25.2%4.0%69.0%32.1%7.8%
IV Percentile42.4%2.4%95.2%70.2%6.3%
Term Structure0.4%-2.3%2.7%-1.4%1.3%
VWIV19.9%15.7%26.8%22.1%18.0%
Skew 25d1.3%-1.0%3.3%2.0%1.8%
Skew 10d3.1%-0.3%6.2%3.2%4.1%
Call IV 25d19.0%15.7%25.6%21.0%16.1%
Put IV 25d20.3%16.9%27.7%23.0%18.0%
Bid-Ask Spread %70.6360.5489.8189.7868.78
Gamma HHI0.110.080.140.140.10
Net GEX28.0M22.2M39.8M28.4M26.3M
Net DEX-788.8M-920.4M-659.2M-659.2M-843.8M
Net VEX-1.9M-2.0M-1.7M-1.9M-1.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.830.043.731.110.14
Total Volume714.045812,765997557
Total OI19,805.77317,11222,43619,54918,992

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$936.42$880.0022.0%6.3%30.6%32.1%22.1%2.0%-1.4%28.4M-659.2M-1.9M1.1189.78N/AN/A47252513,0056,544
2024-08-02$946.64$880.0024.6%7.0%30.7%42.9%24.1%3.3%-2.3%26.2M-705.3M-2.0M0.9089.81N/AN/A34130813,1286,834
2024-08-05$945.22$900.0030.7%7.7%30.7%69.0%26.8%1.1%-1.8%24.1M-696.6M-2.0M1.7060.54N/AN/A305113,2156,935
2024-08-06$959.93$900.0024.1%6.1%30.7%41.1%21.8%-0.6%0.2%28.5M-815.3M-1.8M0.2365.38N/AN/A72716513,2326,973
2024-08-07$954.62$900.0026.1%6.7%30.6%49.5%23.4%-1.0%-0.1%28.2M-772.9M-1.9M0.1366.84N/AN/A80310513,3577,121
2024-08-08$969.87$900.0024.2%6.5%31.0%41.2%22.4%0.4%0.4%28.0M-874.6M-1.8M0.5070.28N/AN/A1,34867813,6217,123
2024-08-09$976.04$900.0022.0%5.9%30.2%32.1%20.3%1.2%0.7%27.4M-920.4M-1.8M0.1768.05N/AN/A2,35541013,7957,765
2024-08-12$959.91$920.0024.7%5.8%29.9%43.6%21.3%0.8%0.6%30.5M-777.8M-2.0M2.8664.06N/AN/A10730613,5328,107
2024-08-13$956.15$920.0022.1%5.6%26.2%32.4%19.2%1.4%1.2%33.2M-764.0M-2.0M1.1164.41N/AN/A616813,6258,359
2024-08-14$951.41$920.0018.3%5.3%26.2%16.3%18.3%0.7%1.1%38.1M-731.4M-1.9M0.2575.28N/AN/A3057713,6708,388
2024-08-15$958.18$920.0015.4%4.4%25.3%4.0%15.7%1.4%2.7%39.8M-818.3M-1.8M0.9774.54N/AN/A36135013,8068,508
2024-08-16$967.42$920.0017.1%4.9%25.0%11.2%17.4%0.6%1.2%35.6M-882.7M-1.8M1.6774.17N/AN/A24240313,8838,553
2024-08-19$951.71$920.0016.2%4.6%25.6%7.2%16.0%1.3%1.2%28.1M-698.9M-1.8M3.7380.94N/AN/A9334711,9165,196
2024-08-20$963.36$920.0017.9%5.1%25.9%14.5%17.2%1.1%0.5%24.9M-757.3M-1.8M1.3169.03N/AN/A28036711,9545,514
2024-08-21$979.44$920.0016.7%4.8%25.9%9.3%17.3%1.6%1.1%22.7M-835.4M-1.7M0.3573.59N/AN/A67323711,9425,795
2024-08-22$980.10$930.0018.6%5.3%24.9%17.7%20.2%1.7%0.6%22.2M-834.8M-1.8M0.1865.68N/AN/A68512612,2516,071
2024-08-23$979.05$930.0017.6%5.0%24.4%13.3%18.7%1.8%0.7%22.9M-826.7M-1.9M0.4068.37N/AN/A1365412,3106,137
2024-08-26$971.22$930.0018.1%5.2%24.6%15.6%19.2%1.5%0.5%24.7M-793.5M-1.9M0.0767.45N/AN/A2591912,3646,203
2024-08-27$968.48$930.0018.3%5.2%24.6%16.1%21.1%1.7%0.2%25.3M-787.7M-1.9M0.0466.86N/AN/A4141812,3876,213
2024-08-28$967.55$930.0019.3%5.5%23.8%20.6%18.7%2.4%-0.0%25.1M-760.7M-2.0M0.1261.98N/AN/A3023512,4176,221
2024-08-29$970.82$930.0018.2%5.2%15.7%15.7%18.7%2.2%0.4%26.1M-795.5M-1.9M0.2868.07N/AN/A39911012,5166,249
2024-08-30$978.17$930.0016.3%4.7%15.5%7.8%18.0%1.8%1.3%26.3M-843.8M-1.8M0.1468.78N/AN/A4906712,6386,354