GWW Options History — April 2025

In April 2025, GWW traded between $911.29 and $1016.98. ATM implied volatility averaged 32.5%, placing in the 57.9% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded below realized volatility by 0.5% (HV 20d: 33.0%). Max pain ranged from $950.00 to $990.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.78.

Notable Days

  • 2025-04-17: Highest Volume — 3,364 contracts
  • 2025-04-09: Largest IV drop — 35.1% change
  • 2025-04-04: Highest IV Rank — 100.0%
  • 2025-04-08: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$984.89$911.29$1016.98$991.84$1016.71
Max Pain$959.05$950.00$990.00$990.00$950.00
ATM IV32.5%23.3%49.2%23.3%32.0%
Expected Move9.0%7.2%11.6%7.6%9.2%
HV 20d33.0%21.7%39.4%21.7%38.3%
HV 60d25.1%20.0%28.4%20.0%26.0%
IV Rank57.9%31.6%100.0%44.1%50.3%
IV Percentile92.6%69.0%100.0%69.0%94.0%
Term Structure-4.5%-8.4%3.2%3.2%-5.7%
VWIV31.5%24.7%37.8%24.7%35.0%
Skew 25d7.1%1.3%10.5%1.3%6.6%
Skew 10d14.4%6.0%21.2%14.3%13.3%
Call IV 25d27.3%22.1%35.5%22.1%29.0%
Put IV 25d34.4%23.4%42.5%23.4%35.5%
Bid-Ask Spread %51.9136.8265.6248.5560.26
Gamma HHI0.110.080.270.110.09
Net GEX41.4M22.8M85.2M56.7M28.2M
Net DEX-490.2M-802.9M-144.6M-577.9M-549.2M
Net VEX-2.8M-3.1M-2.5M-2.9M-2.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.780.023.630.171.88
Total Volume741.952303,36476493
Total OI20,821.23816,42523,85422,40617,365

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$991.84$990.0023.3%7.6%21.7%44.1%24.7%1.3%3.2%56.7M-577.9M-2.9M0.1748.55N/AN/A651117,9654,441
2025-04-02$1003.39$990.0027.0%7.2%22.0%62.8%25.1%4.5%-2.7%51.3M-664.5M-2.9M0.0750.47N/AN/A1,0077117,9744,451
2025-04-03$973.33$990.0029.4%8.0%24.4%75.0%28.5%3.7%-3.8%47.2M-427.0M-2.8M0.0236.82N/AN/A2,3735918,0214,484
2025-04-04$953.43$990.0037.1%9.6%25.0%100.0%32.1%7.7%-6.2%35.0M-299.5M-2.8M0.6540.01N/AN/A16210517,9194,483
2025-04-07$917.26$980.0043.9%10.5%27.2%100.0%34.9%5.7%-6.1%26.0M-160.7M-2.5M0.0845.01N/AN/A1,79215217,9294,546
2025-04-08$911.29$950.0049.2%11.6%25.1%100.0%37.8%7.0%-8.4%23.9M-144.6M-2.5M0.0846.96N/AN/A1,68613918,1374,624
2025-04-09$962.91$950.0032.0%9.2%32.5%50.3%33.1%8.2%-5.0%39.0M-371.8M-2.8M0.3343.50N/AN/A44214718,3154,727
2025-04-10$953.09$950.0034.7%10.0%31.9%58.3%33.3%9.3%-4.9%36.6M-333.2M-2.8M0.6346.97N/AN/A26616718,7564,762
2025-04-11$992.24$950.0031.3%9.0%34.7%48.4%29.6%9.4%-3.5%55.9M-628.4M-3.1M0.2040.92N/AN/A1462918,8824,855
2025-04-14$1004.93$950.0030.7%8.8%34.7%46.8%33.4%10.5%-4.3%59.6M-742.9M-3.0M1.0646.83N/AN/A475018,9504,875
2025-04-15$996.50$950.0029.4%8.4%34.9%43.0%32.4%9.5%-2.7%71.9M-688.9M-2.9M3.6356.21N/AN/A82918,9564,890
2025-04-16$982.17$950.0033.2%9.5%35.2%53.9%32.5%8.8%-5.6%66.9M-520.8M-2.8M2.4953.31N/AN/A26165018,9604,894
2025-04-17$1004.72$950.0025.4%7.3%35.9%31.6%25.3%7.2%-0.8%85.2M-802.9M-2.7M0.0359.16N/AN/A3,25910518,8034,803
2025-04-21$974.61$950.0033.8%9.7%37.6%55.5%32.7%7.1%-4.6%22.8M-340.2M-2.7M0.1053.53N/AN/A1,22212013,1233,302
2025-04-22$998.26$950.0031.9%9.2%38.0%50.3%30.1%8.5%-4.6%26.6M-467.1M-2.9M0.4958.99N/AN/A412013,6023,399
2025-04-23$989.59$950.0033.0%9.5%38.1%53.4%33.9%6.5%-6.5%26.2M-422.7M-2.8M0.9554.81N/AN/A807613,6183,412
2025-04-24$1016.98$950.0029.0%8.3%39.3%41.8%32.1%6.7%-3.3%27.3M-557.8M-2.9M1.5757.86N/AN/A589113,6713,468
2025-04-25$1013.77$950.0030.2%8.7%39.4%45.4%28.7%7.0%-4.8%27.7M-536.6M-2.9M0.6765.62N/AN/A181213,7203,536
2025-04-28$1013.36$950.0032.1%9.2%38.8%50.7%32.6%7.6%-6.5%27.8M-530.8M-2.8M0.7264.01N/AN/A473413,7323,547
2025-04-29$1012.39$950.0033.3%9.5%38.3%54.1%32.8%6.2%-7.6%28.2M-526.0M-2.8M0.6460.38N/AN/A251613,7753,574
2025-04-30$1016.71$950.0032.0%9.2%38.3%50.3%35.0%6.6%-5.7%28.2M-549.2M-2.8M1.8860.26N/AN/A17132213,7763,589