GWW Options History — July 2025

In July 2025, GWW traded between $1024.18 and $1059.28. ATM implied volatility averaged 24.8%, placing in the 28.4% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 8.7% (HV 20d: 16.1%). Max pain ranged from $1000.00 to $1040.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.71.

Notable Days

2025-07-17: Highest Volume — 2,135 contracts
2025-07-07: Largest IV spike — 15.2% change
2025-07-31: Highest IV Rank — 43.9%
2025-07-31: Largest Expected Move — 8.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$1043.45	$1024.18	$1059.28	$1052.20	$1042.33
Max Pain	$1018.64	$1000.00	$1040.00	$1000.00	$1020.00
ATM IV	24.8%	19.5%	30.1%	21.6%	30.1%
Expected Move	7.3%	5.8%	8.6%	6.2%	8.6%
HV 20d	16.1%	12.3%	18.2%	17.7%	12.3%
HV 60d	20.5%	16.3%	26.7%	26.7%	16.4%
IV Rank	28.4%	12.8%	43.9%	18.9%	43.9%
IV Percentile	68.8%	23.8%	89.7%	52.4%	89.7%
Term Structure	-3.2%	-8.3%	2.9%	2.5%	-8.3%
VWIV	25.6%	20.7%	30.6%	20.9%	30.6%
Skew 25d	3.4%	1.5%	6.1%	3.0%	2.9%
Skew 10d	6.9%	1.4%	14.0%	7.3%	3.6%
Call IV 25d	24.0%	20.1%	29.6%	20.1%	29.6%
Put IV 25d	27.4%	23.0%	32.5%	23.0%	32.5%
Bid-Ask Spread %	63.47	53.23	93.00	86.82	54.31
Gamma HHI	0.12	0.09	0.16	0.09	0.14
Net GEX	33.4M	28.3M	44.1M	34.5M	32.9M
Net DEX	-483.4M	-634.9M	-345.7M	-587.9M	-441.6M
Net VEX	-1.9M	-2.2M	-1.8M	-2.2M	-1.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.71	0.02	2.84	0.60	0.41
Total Volume	436.409	32	2,135	32	406
Total OI	16,411.091	12,637	19,799	18,123	13,198

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-07-01	$1052.20	$1000.00	21.6%	6.2%	17.7%	18.9%	20.9%	3.0%	2.5%	34.5M	-587.9M	-2.2M	0.60	86.82	N/A	N/A	20	12	14,022	4,101
2025-07-02	$1041.89	$1000.00	20.1%	5.8%	17.3%	14.8%	20.7%	2.9%	2.9%	33.5M	-507.2M	-2.1M	2.84	93.00	N/A	N/A	19	54	14,021	4,098
2025-07-03	$1050.46	$1030.00	19.5%	6.9%	17.7%	12.8%	24.0%	4.0%	-3.0%	34.2M	-547.7M	-2.1M	0.79	53.96	N/A	N/A	29	23	13,895	4,140
2025-07-07	$1034.87	$1040.00	22.4%	7.3%	18.2%	21.5%	25.1%	4.1%	-2.0%	31.1M	-453.6M	-1.9M	0.16	53.23	N/A	N/A	51	8	13,878	4,156
2025-07-08	$1039.76	$1040.00	21.6%	7.1%	17.9%	19.0%	26.2%	3.8%	-2.8%	32.5M	-481.3M	-1.9M	0.02	55.07	N/A	N/A	566	10	13,888	4,161
2025-07-09	$1043.43	$1000.00	24.8%	7.1%	17.4%	28.3%	26.0%	4.7%	-2.6%	32.1M	-498.2M	-1.9M	0.21	58.77	N/A	N/A	1,441	302	13,901	4,162
2025-07-10	$1054.66	$1000.00	24.5%	7.0%	17.9%	27.6%	24.4%	3.3%	-2.6%	36.2M	-589.0M	-2.1M	0.14	57.87	N/A	N/A	1,859	267	14,246	4,327
2025-07-11	$1059.28	$1000.00	24.1%	6.9%	18.0%	26.3%	23.9%	6.1%	-2.8%	41.4M	-634.9M	-2.1M	0.10	58.97	N/A	N/A	495	50	14,801	4,268
2025-07-14	$1055.09	$1000.00	23.9%	6.8%	18.0%	25.7%	22.3%	5.9%	-3.1%	44.1M	-617.4M	-2.0M	0.19	61.69	N/A	N/A	351	68	15,166	4,317
2025-07-15	$1043.16	$1010.00	25.1%	7.2%	17.6%	29.3%	24.8%	3.2%	-3.0%	35.5M	-504.2M	-2.0M	2.70	54.96	N/A	N/A	30	81	15,403	4,341
2025-07-16	$1037.10	$1040.00	24.9%	7.2%	17.5%	28.8%	24.9%	4.0%	-2.7%	33.2M	-448.3M	-1.9M	0.39	57.91	N/A	N/A	69	27	15,403	4,368
2025-07-17	$1026.64	$1040.00	27.2%	7.8%	15.9%	35.5%	27.2%	2.5%	-3.6%	30.6M	-345.7M	-1.9M	1.21	59.91	N/A	N/A	968	1,167	15,425	4,374
2025-07-18	$1025.49	$1030.00	23.3%	6.7%	15.9%	24.0%	23.6%	3.4%	-1.2%	30.8M	-367.2M	-1.9M	1.15	67.04	N/A	N/A	170	196	15,401	4,157
2025-07-21	$1024.18	$1020.00	25.8%	7.4%	15.4%	31.4%	25.1%	2.1%	-3.3%	28.3M	-363.0M	-1.8M	0.12	63.20	N/A	N/A	34	4	10,210	2,427
2025-07-22	$1032.53	$1020.00	26.3%	7.5%	15.7%	32.9%	26.7%	2.5%	-5.2%	30.0M	-403.4M	-1.9M	0.11	62.09	N/A	N/A	125	14	10,232	2,430
2025-07-23	$1044.85	$1020.00	27.7%	7.9%	16.0%	36.8%	27.2%	2.7%	-5.7%	31.3M	-461.7M	-1.9M	0.19	63.11	N/A	N/A	84	16	10,338	2,442
2025-07-24	$1051.28	$1020.00	26.8%	7.7%	14.7%	34.3%	28.2%	4.1%	-4.3%	31.7M	-491.2M	-1.9M	0.06	65.50	N/A	N/A	271	16	10,398	2,455
2025-07-25	$1055.11	$1020.00	27.9%	8.0%	14.1%	37.4%	27.0%	2.3%	-6.0%	32.4M	-502.1M	-1.9M	1.94	57.18	N/A	N/A	16	31	10,625	2,466
2025-07-28	$1049.53	$1020.00	24.4%	7.0%	14.2%	27.3%	27.4%	3.3%	-3.5%	33.5M	-475.7M	-1.8M	1.24	69.72	N/A	N/A	17	21	10,633	2,486
2025-07-29	$1051.38	$1020.00	25.3%	7.3%	13.2%	29.9%	27.3%	1.6%	-3.9%	33.4M	-484.9M	-1.8M	0.96	69.64	N/A	N/A	24	23	10,640	2,496
2025-07-30	$1040.73	$1020.00	28.5%	8.2%	12.8%	39.2%	29.3%	1.5%	-7.3%	32.1M	-429.5M	-1.8M	0.08	72.28	N/A	N/A	154	12	10,646	2,502
2025-07-31	$1042.33	$1020.00	30.1%	8.6%	12.3%	43.9%	30.6%	2.9%	-8.3%	32.9M	-441.6M	-1.8M	0.41	54.31	N/A	N/A	288	118	10,695	2,503