GWW Options History — January 2025

In January 2025, GWW traded between $1043.37 and $1133.07. ATM implied volatility averaged 24.9%, placing in the 44.1% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 9.0% (HV 20d: 15.9%). Max pain ranged from $980.00 to $1080.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.91.

Notable Days

  • 2025-01-15: Highest Volume — 4,166 contracts
  • 2025-01-31: Largest IV drop — 25.5% change
  • 2025-01-13: Highest IV Rank — 77.4%
  • 2025-01-28: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1093.32$1043.37$1133.07$1043.37$1063.87
Max Pain$1035.00$980.00$1080.00$1010.00$1080.00
ATM IV24.9%19.8%32.7%19.9%20.1%
Expected Move6.9%5.7%8.4%5.7%5.7%
HV 20d15.9%12.2%24.3%12.2%24.3%
HV 60d21.5%20.5%23.8%23.7%23.3%
IV Rank44.1%22.8%77.4%23.2%23.8%
IV Percentile72.9%40.9%97.6%44.8%46.8%
Term Structure-2.3%-6.9%2.0%1.9%-0.2%
VWIV23.4%15.9%28.2%19.8%21.2%
Skew 25d1.9%0.2%3.5%1.7%1.8%
Skew 10d4.0%-1.2%14.5%2.6%2.7%
Call IV 25d22.7%18.7%26.5%19.2%19.7%
Put IV 25d24.6%19.8%28.6%20.9%21.4%
Bid-Ask Spread %60.0046.9888.2587.6569.61
Gamma HHI0.060.060.070.070.06
Net GEX24.7M15.9M33.1M18.4M33.1M
Net DEX-992.7M-1.25B-732.0M-732.0M-732.8M
Net VEX-3.2M-3.9M-2.6M-2.6M-3.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.910.054.734.732.06
Total Volume1,152.1844,1661,4101,045
Total OI21,041.1519,26625,09320,46120,575

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$1043.37$1010.0019.9%5.7%12.2%23.2%19.8%1.7%1.9%18.4M-732.0M-2.6M4.7387.65N/AN/A2461,16414,3956,066
2025-01-03$1052.83$1010.0019.8%5.7%13.2%22.8%15.9%1.1%2.0%18.1M-801.3M-2.6M0.0988.25N/AN/A1,13810514,5436,164
2025-01-06$1051.55$980.0021.6%6.5%13.3%30.1%22.5%2.5%-1.9%17.9M-784.1M-2.6M0.3160.18N/AN/A1805614,7476,218
2025-01-07$1058.94$980.0023.4%6.8%14.1%38.2%20.8%1.0%-2.1%18.7M-844.7M-2.7M0.2053.80N/AN/A1,05621614,9346,260
2025-01-08$1066.92$980.0022.7%6.4%13.9%34.9%23.1%2.0%-1.9%17.6M-907.5M-2.7M0.2348.26N/AN/A1,41233115,1796,389
2025-01-10$1052.53$1000.0026.8%6.9%14.3%52.5%23.0%0.2%-2.0%17.7M-795.9M-2.9M3.3146.98N/AN/A9631815,2096,437
2025-01-13$1075.82$1000.0032.7%6.8%17.1%77.4%23.0%2.3%-1.7%20.3M-949.3M-2.7M0.1454.60N/AN/A6789315,2766,380
2025-01-14$1089.76$1000.0031.3%6.9%17.9%71.5%24.2%3.5%-1.7%20.4M-1.04B-2.7M0.1858.50N/AN/A84415315,4856,458
2025-01-15$1100.62$1010.0023.3%6.7%18.4%37.7%23.9%3.3%-1.9%19.9M-1.12B-2.7M0.4154.05N/AN/A2,9471,21915,7676,596
2025-01-16$1112.99$1030.0023.4%6.7%19.0%37.8%22.8%2.1%-1.8%15.9M-1.22B-3.0M0.1255.04N/AN/A2,90435116,6677,622
2025-01-17$1113.74$1040.0021.6%6.2%17.9%30.5%21.7%0.8%-1.9%32.2M-1.25B-3.3M0.5860.77N/AN/A1,30275217,4367,657
2025-01-21$1118.06$1050.0023.3%6.7%15.5%37.7%23.4%1.8%-2.2%31.0M-1.07B-3.6M1.8162.75N/AN/A14927015,6783,588
2025-01-22$1123.76$1060.0024.9%7.1%15.4%44.3%24.6%1.8%-3.4%29.8M-1.09B-3.7M0.6455.18N/AN/A17711315,7253,747
2025-01-23$1121.16$1070.0025.1%7.2%15.4%45.4%25.1%1.5%-3.7%29.9M-1.08B-3.7M1.0260.94N/AN/A14314615,7943,837
2025-01-24$1120.47$1080.0024.5%7.0%15.0%42.7%23.1%2.6%-1.8%29.9M-1.06B-3.8M0.1754.52N/AN/A721215,8283,945
2025-01-27$1132.25$1080.0028.0%8.0%15.3%57.4%27.7%2.4%-5.3%29.4M-1.12B-3.7M0.3852.87N/AN/A813115,8833,946
2025-01-28$1133.07$1080.0029.4%8.4%15.2%63.7%27.7%2.4%-6.9%29.8M-1.13B-3.6M0.0553.28N/AN/A1,7689215,9223,958
2025-01-29$1114.44$1080.0028.2%8.1%15.2%58.5%28.2%2.0%-4.9%32.2M-1.04B-3.9M0.4973.17N/AN/A1748616,2733,956
2025-01-30$1120.30$1080.0026.9%7.7%14.9%52.9%26.9%1.1%-4.5%32.1M-1.08B-3.8M1.2449.52N/AN/A50062216,2714,012
2025-01-31$1063.87$1080.0020.1%5.7%24.3%23.8%21.2%1.8%-0.2%33.1M-732.8M-3.9M2.0669.61N/AN/A34270316,2584,317