IWC Options History — August 2022

In August 2022, IWC traded between $114.64 and $127.01. ATM implied volatility averaged 25.7%, placing in the 18.9% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 1.4% (HV 20d: 24.3%). Max pain ranged from $107.00 to $124.00. Net GEX was positive for 2 of 23 trading days. Term structure was in contango for 17 of 23 days. Put/call ratio averaged 4.98.

Notable Days

  • 2022-08-08: Highest Volume — 443 contracts
  • 2022-08-08: Largest IV spike — 47.5% change
  • 2022-08-08: Highest IV Rank — 41.4%
  • 2022-08-29: Largest Expected Move — 8.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$120.36$114.64$127.01$114.64$115.11
Max Pain$121.78$107.00$124.00$107.00$124.00
ATM IV25.7%20.9%36.0%26.0%29.0%
Expected Move7.3%6.0%8.7%7.5%8.3%
HV 20d24.3%20.8%29.1%23.1%28.0%
HV 60d29.2%28.0%32.0%32.0%29.4%
IV Rank18.9%8.3%41.4%19.5%26.0%
IV Percentile28.3%2.8%79.0%31.0%48.0%
Term Structure0.9%-2.9%5.4%-2.2%-0.9%
VWIV28.9%22.3%54.2%26.3%28.2%
Skew 25d5.1%-3.3%13.0%13.0%6.3%
Skew 10d8.9%-1.7%15.3%10.8%7.5%
Call IV 25d23.1%15.4%33.6%21.9%27.6%
Put IV 25d28.2%18.2%34.9%34.9%33.9%
Bid-Ask Spread %91.9975.51109.0495.8788.18
Gamma HHI0.300.110.500.490.34
Net GEX-55.2K-136.7K10.7K-91.0K-136.7K
Net DEX251.1K-374.7K1.1M829.7K1.1M
Net VEX-2.5K-4.9K-957-4.9K-3.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.980.008.047.822.45
Total Volume128.2170443441162
Total OI479.522463519480519

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-08-01$114.64$107.0026.0%7.5%23.1%19.5%26.3%13.0%-2.2%-91.0K829.7K-4.9K7.8295.87N/AN/A5039162418
2022-08-02$115.23$107.0029.2%8.4%23.1%26.5%26.7%3.9%1.7%-87.1K778.9K-4.5K7.8295.34N/AN/A5039162418
2022-08-03$117.61$107.0022.1%6.3%23.8%10.7%23.6%3.4%-0.1%-93.7K418.5K-3.3K7.67101.00N/AN/A5139162418
2022-08-04$118.41$124.0025.2%7.5%22.7%17.6%30.8%8.5%0.4%-59.7K461.9K-4.0K7.9881.41N/AN/A4939163418
2022-08-05$119.87$124.0024.4%7.6%22.9%15.9%29.2%6.8%0.1%-92.7K84.5K-2.1K7.9890.83N/AN/A4939163418
2022-08-08$121.21$124.0036.0%7.6%20.8%41.4%30.4%8.7%0.6%-41.9K169.4K-3.1K8.0479.43N/AN/A4939463418
2022-08-09$118.74$124.0025.7%7.1%22.5%18.8%22.3%0.9%1.7%-49.0K272.9K-3.3K0.0099.21N/AN/A0363402
2022-08-10$122.60$124.0021.6%6.2%24.4%9.8%0.0%8.3%2.5%-13.3K-156.8K-1.2K0.00109.04N/AN/A0063405
2022-08-11$122.71$124.0023.7%6.8%23.7%14.3%54.2%-0.7%-1.6%-24.4K-82.1K-2.2K0.00106.52N/AN/A01363405
2022-08-12$125.78$124.0020.9%6.0%24.2%8.3%0.0%-0.9%4.2%-1.4K-257.0K-1.4K0.00102.75N/AN/A4063411
2022-08-15$126.56$124.0023.8%6.8%23.9%14.7%30.6%6.9%0.2%10.7K-374.7K-1.1K0.0095.89N/AN/A2067411
2022-08-16$126.44$124.0024.0%6.9%21.9%15.0%24.1%3.1%-0.6%-9.5K-322.2K-1.6K0.0094.78N/AN/A0767411
2022-08-17$127.01$124.0021.1%6.0%21.4%8.6%22.5%2.2%2.6%2.5K-350.1K-9576.0078.89N/AN/A21267418
2022-08-18$124.22$124.0023.5%6.7%23.4%13.9%0.0%5.3%1.2%-31.4K-156.3K-1.9K0.0076.63N/AN/A0068422
2022-08-19$121.17$124.0024.4%7.0%23.4%15.9%25.0%4.5%1.8%-44.4K66.4K-2.4K0.0075.51N/AN/A0668422
2022-08-22$118.38$124.0028.1%8.0%25.4%23.9%27.1%3.7%0.6%-75.3K518.0K-2.7K0.0078.74N/AN/A02248415
2022-08-23$119.49$124.0027.9%8.0%25.5%23.7%29.3%6.5%1.1%-67.3K412.6K-2.4K4.0082.78N/AN/A2848421
2022-08-24$120.79$124.0024.4%7.0%24.7%15.9%27.9%10.8%1.9%-76.9K447.8K-2.5K0.0086.06N/AN/A6049426
2022-08-25$122.05$124.0027.4%7.9%24.8%22.5%0.0%9.3%0.2%-24.6K141.3K-1.3K0.00103.83N/AN/A0051426
2022-08-26$117.99$124.0025.5%7.3%28.1%18.3%0.0%7.0%5.4%-60.7K343.3K-2.3K0.00101.61N/AN/A0051426
2022-08-29$117.27$124.0030.3%8.7%28.2%28.9%29.9%3.7%-2.9%-90.4K657.9K-2.6K0.0092.15N/AN/A02651427
2022-08-30$115.05$124.0027.8%8.0%29.1%23.4%31.6%-3.3%1.9%-110.6K790.4K-2.5K0.0099.26N/AN/A02751441
2022-08-31$115.11$124.0029.0%8.3%28.0%26.0%28.2%6.3%-0.9%-136.7K1.1M-3.1K2.4588.18N/AN/A4711551468