IWC Options History — June 2014

In June 2014, IWC traded between $71.32 and $76.12. ATM implied volatility averaged 16.7%, placing in the 44.6% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 0.0% (HV 20d: 16.6%). Max pain ranged from $71.00 to $75.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 47.04.

Notable Days

  • 2014-06-20: Highest Volume — 2,644 contracts
  • 2014-06-06: Largest IV drop — 8.4% change
  • 2014-06-03: Highest IV Rank — 59.9%
  • 2014-06-03: Largest Expected Move — 5.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$74.34$71.32$76.12$71.64$76.12
Max Pain$73.14$71.00$75.00$74.00$75.00
ATM IV16.7%14.9%18.9%18.0%15.1%
Expected Move4.8%4.3%5.4%5.2%4.3%
HV 20d16.6%12.2%21.6%21.1%12.2%
HV 60d20.0%19.0%20.6%19.8%19.0%
IV Rank44.6%32.2%59.9%53.8%34.1%
IV Percentile53.0%25.8%85.7%73.8%31.3%
Term Structure1.1%-0.5%2.6%0.3%0.8%
VWIV18.3%15.9%21.9%18.3%16.1%
Skew 25d4.5%3.5%5.5%4.2%3.9%
Skew 10d9.1%6.1%12.5%7.0%6.8%
Call IV 25d15.0%13.5%17.1%16.4%13.5%
Put IV 25d19.5%17.5%21.2%20.6%17.5%
Bid-Ask Spread %67.3754.8790.5471.0978.08
Gamma HHI0.560.230.910.560.90
Net GEX-1.4M-2.4M-300.8K-1.7M-1.9M
Net DEX3.8M-1.9M10.4M6.5M5.0M
Net VEX-31.1K-41.0K-21.2K-36.7K-37.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio47.040.04452.00106.000.25
Total Volume278.85702,6447494
Total OI6,349.5713,9868,0666,0494,077

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-06-02$71.64$74.0018.0%5.2%21.1%53.8%18.3%4.2%0.3%-1.7M6.5M-36.7K106.0071.09N/AN/A77421,1054,944
2014-06-03$71.32$74.0018.9%5.4%21.2%59.9%19.8%4.5%-0.1%-2.4M10.4M-40.6K0.0070.77N/AN/A03061,1045,657
2014-06-04$71.54$74.0018.5%5.3%20.1%57.3%0.0%4.1%-0.5%-2.3M9.5M-39.6K0.0070.59N/AN/A0111,1045,648
2014-06-05$73.23$74.0017.3%5.0%21.6%48.9%16.2%3.5%-0.2%-1.6M4.4M-32.5K0.3676.56N/AN/A1451,1045,658
2014-06-06$74.04$71.0015.8%4.8%20.6%39.0%21.5%4.6%1.4%-1.0M888.0K-24.5K0.3655.66N/AN/A2591,1135,656
2014-06-09$74.83$71.0016.4%4.9%20.5%43.1%17.0%4.5%1.1%-598.7K-490.6K-22.0K2.2756.35N/AN/A1733931,1245,651
2014-06-10$74.86$72.0016.0%4.8%18.4%40.1%0.0%4.2%1.5%-300.8K-1.5M-23.8K15.2454.87N/AN/A335031,2875,770
2014-06-11$74.41$72.0017.0%5.1%18.0%47.1%18.8%4.8%1.3%-1.2M1.5M-27.2K0.8755.11N/AN/A15131,3126,271
2014-06-12$73.91$72.0017.9%5.1%16.6%52.7%0.0%4.9%1.1%-1.4M3.0M-28.4K2.0057.33N/AN/A121,3186,281
2014-06-13$73.86$72.0017.3%5.0%16.2%48.8%19.4%5.1%1.6%-1.4M3.1M-27.4K83.0056.82N/AN/A1831,3176,281
2014-06-16$74.31$72.0017.7%5.1%16.2%51.3%0.0%5.0%1.4%-1.1M1.4M-23.8K6.0061.40N/AN/A2121,3176,321
2014-06-17$74.88$72.0016.9%4.8%15.9%46.0%0.0%4.7%1.7%-962.6K-90.5K-23.4K452.0059.90N/AN/A14521,3186,321
2014-06-18$75.38$72.0016.7%4.8%14.5%44.6%16.4%4.2%2.0%-1.0M-1.3M-22.3K7.4669.61N/AN/A13971,3196,672
2014-06-19$75.31$72.0016.3%4.7%14.6%41.7%15.9%4.2%2.1%-1.4M-1.6M-21.6K5.0067.46N/AN/A4201,3166,750
2014-06-20$75.69$72.0015.0%4.3%14.2%33.0%16.1%4.2%2.6%-938.0K-1.9M-21.2K109.1771.38N/AN/A242,6201,2786,761
2014-06-23$75.25$75.0015.9%4.6%14.2%39.3%21.5%4.5%1.2%-1.8M7.7M-41.0K0.0471.46N/AN/A2318673,119
2014-06-24$74.63$75.0016.2%4.7%13.3%41.6%21.9%4.8%0.9%-1.8M9.5M-40.3K1.8968.64N/AN/A18348883,120
2014-06-25$75.20$75.0016.8%4.8%13.4%45.1%16.7%5.5%0.6%-1.7M8.0M-40.2K7.8171.86N/AN/A211649033,147
2014-06-26$75.12$75.0015.7%4.5%13.4%37.8%0.0%4.6%1.5%-1.9M8.5M-39.5K0.0090.54N/AN/A009243,147
2014-06-27$75.58$75.0014.9%4.3%13.3%32.2%16.1%4.2%1.4%-1.9M6.5M-39.4K0.2579.36N/AN/A829243,147
2014-06-30$76.12$75.0015.1%4.3%12.2%34.1%0.0%3.9%0.8%-1.9M5.0M-37.1K0.0078.08N/AN/A049283,149