IWC Options History — September 2022

In September 2022, IWC traded between $101.86 and $117.59. ATM implied volatility averaged 32.7%, placing in the 34.3% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 4.7% (HV 20d: 28.0%). Max pain ranged from $115.00 to $124.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 5.30.

Notable Days

  • 2022-09-16: Highest Volume — 256 contracts
  • 2022-09-12: Largest IV spike — 27.2% change
  • 2022-09-27: Highest IV Rank — 51.4%
  • 2022-09-27: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$109.86$101.86$117.59$113.30$103.66
Max Pain$116.29$115.00$124.00$124.00$115.00
ATM IV32.7%27.4%40.5%30.0%35.7%
Expected Move9.0%7.5%11.6%8.6%10.2%
HV 20d28.0%24.9%32.9%28.3%32.8%
HV 60d27.1%25.5%29.2%29.2%28.4%
IV Rank34.3%22.4%51.4%28.2%40.7%
IV Percentile63.1%36.5%93.7%51.2%75.4%
Term Structure-0.8%-3.9%2.7%-0.9%-1.5%
VWIV30.7%25.7%35.1%30.3%34.5%
Skew 25d6.4%2.5%10.4%4.6%6.8%
Skew 10d12.4%7.4%16.4%10.9%12.3%
Call IV 25d28.7%23.2%36.6%29.2%33.0%
Put IV 25d35.1%29.4%43.1%33.8%39.8%
Bid-Ask Spread %68.4153.8580.6077.0278.33
Gamma HHI0.190.090.450.410.14
Net GEX-89.3K-195.1K-23.5K-154.8K-32.3K
Net DEX809.1K334.9K1.6M1.3M618.4K
Net VEX-1.7K-3.1K-1.1K-3.0K-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.300.1028.5028.502.34
Total Volume86.143125659137
Total OI369.238132590522174

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-09-01$113.30$124.0030.0%8.6%28.3%28.2%30.3%4.6%-0.9%-154.8K1.3M-3.0K28.5077.02N/AN/A25752470
2022-09-02$112.58$124.0029.6%8.5%27.9%27.3%27.6%2.5%-0.7%-179.7K1.4M-3.1K1.0080.60N/AN/A6654492
2022-09-06$111.27$115.0033.7%8.4%27.5%36.4%28.6%5.6%-0.2%-195.1K1.6M-2.8K2.5353.85N/AN/A5313460495
2022-09-07$113.75$115.0030.6%7.8%28.3%29.5%28.0%5.3%0.4%-174.1K1.2M-2.5K2.5356.39N/AN/A5313460514
2022-09-08$114.65$115.0029.8%7.8%25.6%27.7%29.4%6.9%1.0%-150.7K1.0M-2.1K0.0054.47N/AN/A0260515
2022-09-09$116.47$115.0027.4%7.5%26.4%22.4%25.7%6.2%-2.1%-97.8K689.0K-1.6K0.1059.00N/AN/A10160516
2022-09-12$117.59$115.0034.8%7.6%24.9%38.8%27.4%5.3%-0.3%-77.9K499.5K-1.4K1.1554.46N/AN/A131564516
2022-09-13$113.81$117.0036.7%8.5%26.7%43.0%30.4%5.1%-0.7%-153.8K1.0M-1.4K2.0766.22N/AN/A6012464516
2022-09-14$111.41$117.0029.2%8.4%27.2%26.4%29.2%10.4%2.7%-137.5K989.2K-1.4K0.0062.54N/AN/A01764522
2022-09-15$113.81$117.0030.7%8.8%28.7%29.8%29.9%6.0%-0.3%-134.3K987.8K-1.2K8.2063.60N/AN/A54164526
2022-09-16$110.86$117.0030.3%8.7%29.0%29.0%30.4%7.2%-0.9%-144.1K1.3M-1.1K2.6169.53N/AN/A7118561511
2022-09-19$111.51$116.0029.9%8.6%28.4%28.1%29.8%5.6%0.8%-27.3K334.9K-1.4K3.0063.63N/AN/A263499
2022-09-20$110.19$115.0030.9%8.9%27.6%30.2%29.0%6.4%-0.7%-25.5K352.2K-1.3K0.0065.41N/AN/A013697
2022-09-21$108.53$115.0032.5%9.3%27.5%33.8%29.9%4.4%-2.6%-24.9K388.7K-1.3K0.3372.79N/AN/A313696
2022-09-22$106.59$115.0031.7%9.1%27.2%32.0%31.0%6.5%-1.9%-25.2K460.8K-1.1K0.0072.12N/AN/A0283995
2022-09-23$103.35$115.0033.1%9.5%27.8%35.1%33.4%8.4%0.5%-26.5K583.1K-1.2K25.0078.71N/AN/A25039106
2022-09-26$101.86$115.0038.1%10.9%26.3%46.0%34.4%7.4%-3.9%-23.5K563.6K-1.1K2.9776.55N/AN/A3911641103
2022-09-27$102.05$115.0040.5%11.6%26.5%51.4%35.1%6.5%-2.5%-28.0K620.5K-1.4K2.8278.15N/AN/A3911041121
2022-09-28$106.55$115.0036.4%10.4%31.4%42.2%34.8%7.6%-2.8%-30.9K508.5K-1.6K2.6873.89N/AN/A4111041128
2022-09-29$103.26$115.0036.2%10.4%32.9%41.9%34.7%9.6%-1.3%-30.7K622.9K-1.5K2.2979.37N/AN/A419444128
2022-09-30$103.66$115.0035.7%10.2%32.8%40.7%34.5%6.8%-1.5%-32.3K618.4K-1.5K2.3478.33N/AN/A419644130