GWW Options History — March 2025

In March 2025, GWW traded between $954.69 and $1019.32. ATM implied volatility averaged 22.9%, placing in the 42.3% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 5.1% (HV 20d: 17.8%). Max pain ranged from $880.00 to $1010.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 1.34.

Notable Days

  • 2025-03-14: Highest Volume — 4,092 contracts
  • 2025-03-10: Largest IV spike — 19.3% change
  • 2025-03-11: Highest IV Rank — 57.6%
  • 2025-03-12: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$984.63$954.69$1019.32$998.68$989.42
Max Pain$987.50$880.00$1010.00$1010.00$990.00
ATM IV22.9%20.2%25.9%23.1%23.9%
Expected Move7.0%6.2%8.2%6.6%7.6%
HV 20d17.8%11.5%21.8%12.7%21.8%
HV 60d19.0%17.6%20.0%17.6%20.0%
IV Rank42.3%28.9%57.6%43.4%47.3%
IV Percentile66.4%46.8%79.8%71.8%71.8%
Term Structure0.8%-2.4%4.2%0.4%2.7%
VWIV22.9%18.6%26.9%22.6%25.3%
Skew 25d2.5%0.4%4.0%0.4%4.0%
Skew 10d4.7%-9.2%12.2%-9.2%9.4%
Call IV 25d21.2%19.4%24.4%22.2%21.2%
Put IV 25d23.8%20.8%26.9%22.6%25.2%
Bid-Ask Spread %67.4836.4088.8983.0342.27
Gamma HHI0.100.080.120.080.11
Net GEX44.2M32.8M55.0M34.9M54.0M
Net DEX-459.4M-635.3M-219.9M-453.1M-565.7M
Net VEX-3.1M-3.3M-2.8M-3.3M-2.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.340.018.030.930.85
Total Volume703.238244,09210685
Total OI21,970.38120,84722,80820,84722,346

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$998.68$1010.0023.1%6.6%12.7%43.4%22.6%0.4%0.4%34.9M-453.1M-3.3M0.9383.03N/AN/A555116,5924,255
2025-03-04$991.80$1010.0022.5%6.5%11.5%40.3%22.1%2.6%-0.8%36.1M-427.4M-3.3M0.0875.79N/AN/A1,33311316,5904,271
2025-03-05$986.46$1010.0022.2%6.4%11.6%38.9%22.6%2.1%0.6%36.6M-388.5M-3.2M0.0677.33N/AN/A6404016,7164,327
2025-03-06$994.01$1010.0023.3%6.7%12.1%44.1%18.6%3.1%0.8%37.4M-436.0M-3.2M0.0182.16N/AN/A1,3821116,7754,323
2025-03-07$1004.50$1010.0021.5%6.2%12.9%35.1%20.9%1.4%0.5%41.8M-542.1M-3.3M0.3385.03N/AN/A18617,1084,327
2025-03-10$1019.32$1010.0025.6%7.3%13.9%55.9%24.9%3.4%-2.1%40.0M-635.3M-3.3M0.0982.10N/AN/A2422117,1174,325
2025-03-11$986.22$1010.0025.9%8.1%17.8%57.6%26.9%2.5%-2.1%38.2M-420.4M-3.1M0.5387.26N/AN/A47925317,1484,339
2025-03-12$974.15$1000.0025.0%8.2%17.9%52.9%25.6%3.0%-0.1%36.8M-333.7M-3.0M0.0888.89N/AN/A3772917,3464,556
2025-03-13$954.69$1000.0025.0%8.2%18.3%52.9%22.5%3.3%0.3%32.8M-219.9M-2.8M0.0584.26N/AN/A2,78313617,3334,542
2025-03-14$966.20$1000.0024.8%6.7%19.0%51.8%23.1%2.8%-1.0%39.6M-311.8M-2.9M0.0286.81N/AN/A4,0227017,5764,467
2025-03-17$978.88$960.0022.1%6.4%19.9%38.4%20.3%3.1%0.7%45.8M-472.4M-3.2M0.9471.82N/AN/A181718,2414,503
2025-03-18$975.40$960.0025.2%6.5%19.8%53.9%21.2%2.7%-2.4%43.3M-454.6M-3.1M0.3871.59N/AN/A682618,2414,506
2025-03-19$983.89$960.0022.2%6.3%20.2%38.8%21.5%3.9%-0.2%47.8M-498.6M-3.1M2.2772.31N/AN/A225018,2614,497
2025-03-20$974.28$0.0022.5%6.9%20.2%40.4%22.7%3.2%0.5%46.6M-424.0M-3.0M5.5045.48N/AN/A12769918,2694,539
2025-03-21$971.64$970.0021.5%7.0%19.7%35.4%22.8%2.7%2.3%48.1M-407.0M-2.9M0.0836.40N/AN/A2011618,2964,479
2025-03-24$989.89$880.0020.2%6.8%20.9%28.9%23.5%1.3%3.3%53.7M-563.6M-3.0M1.1351.87N/AN/A13014717,8074,344
2025-03-25$989.82$980.0020.4%6.7%20.9%29.7%23.2%1.7%3.3%53.7M-558.0M-3.0M1.2552.39N/AN/A243017,8394,370
2025-03-26$988.33$990.0020.3%6.9%20.7%29.4%23.6%1.6%4.2%54.7M-564.0M-3.0M4.7750.48N/AN/A136217,8494,395
2025-03-27$988.29$1000.0021.4%6.9%20.6%34.6%22.7%1.8%2.7%55.0M-548.0M-2.9M8.0352.29N/AN/A10181117,8544,411
2025-03-28$971.42$990.0022.1%7.1%21.3%38.3%23.8%2.4%2.8%52.0M-423.7M-2.8M0.7637.48N/AN/A342617,8974,401
2025-03-31$989.42$990.0023.9%7.6%21.8%47.3%25.3%4.0%2.7%54.0M-565.7M-2.9M0.8542.27N/AN/A463917,9394,407