IWC Options History — November 2022

In November 2022, IWC traded between $107.10 and $114.92. ATM implied volatility averaged 30.5%, placing in the 29.3% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 1.5% (HV 20d: 29.0%). Max pain ranged from $108.00 to $110.00. Net GEX was positive for 2 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 2.18.

Notable Days

  • 2022-11-14: Highest Volume — 264 contracts
  • 2022-11-28: Largest IV spike — 14.3% change
  • 2022-11-07: Highest IV Rank — 41.6%
  • 2022-11-02: Largest Expected Move — 9.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$111.63$107.10$114.92$113.37$112.25
Max Pain$109.81$108.00$110.00$108.00$110.00
ATM IV30.5%25.1%36.1%32.6%30.0%
Expected Move8.6%7.2%9.8%9.3%8.6%
HV 20d29.0%23.9%32.7%25.7%30.4%
HV 60d30.0%28.5%31.3%29.6%30.3%
IV Rank29.3%17.5%41.6%33.9%28.3%
IV Percentile41.3%11.9%76.6%54.4%36.1%
Term Structure-1.8%-7.2%4.3%-6.4%-4.3%
VWIV30.5%25.9%35.3%35.3%30.8%
Skew 25d3.3%-6.4%9.5%-5.2%3.2%
Skew 10d8.9%-0.3%22.5%4.2%6.1%
Call IV 25d29.2%21.2%40.3%40.3%28.0%
Put IV 25d32.5%26.1%38.1%35.1%31.1%
Bid-Ask Spread %91.9474.12107.0997.60101.41
Gamma HHI0.250.080.630.080.37
Net GEX-20.5K-36.3K12.6K-4.8K-36.3K
Net DEX223.4K-116.3K519.0K-57.3K455.6K
Net VEX-2.5K-4.5K-466-1.0K-4.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.180.003.801.960.00
Total Volume149.33302641634
Total OI249.429195390195272

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-11-01$113.37$108.0032.6%9.3%25.7%33.9%35.3%-5.2%-6.4%-4.8K-57.3K-1.0K1.9697.60N/AN/A5510857138
2022-11-02$110.79$108.0034.1%9.8%27.2%37.1%33.1%5.1%1.0%-10.8K12.5K-1.1K1.9694.84N/AN/A5510859139
2022-11-03$110.24$110.0035.1%9.4%27.1%39.4%31.2%5.4%-2.5%-33.0K171.2K-1.1K1.9674.12N/AN/A5510859139
2022-11-04$110.02$110.0032.4%9.3%23.9%33.5%31.1%4.1%-4.3%-25.1K163.7K-1.2K1.9676.83N/AN/A5510859139
2022-11-07$111.43$110.0036.1%8.9%24.0%41.6%30.0%2.9%-2.0%-21.1K152.9K-1.1K1.9880.93N/AN/A5510959139
2022-11-08$110.84$110.0034.7%8.7%24.1%38.6%30.7%4.2%-2.3%-20.1K55.1K-8091.9883.22N/AN/A5510959140
2022-11-09$107.10$110.0031.1%8.9%27.6%30.7%30.3%3.0%-2.0%-35.2K122.7K-7521.9881.81N/AN/A5510959140
2022-11-10$112.94$110.0028.2%8.1%32.7%24.2%30.1%-4.2%1.0%-15.3K-39.1K-6331.98101.79N/AN/A5510959140
2022-11-11$114.37$110.0030.7%8.8%31.8%29.8%30.4%4.1%-1.3%12.6K-116.3K-5291.9877.31N/AN/A5510960140
2022-11-14$113.72$110.0028.7%8.2%31.1%25.3%29.4%5.1%-1.5%12.5K-80.3K-4663.8083.56N/AN/A5520960145
2022-11-15$114.92$110.0028.8%8.3%31.1%25.6%33.4%-1.5%0.6%-2.0K88.3K-2.3K2.89104.55N/AN/A5515960245
2022-11-16$112.23$110.0029.3%8.4%31.6%26.6%29.9%5.8%-2.7%-5.9K280.3K-3.1K2.8988.72N/AN/A5515960295
2022-11-17$110.97$110.0029.9%8.6%31.8%28.0%30.1%4.2%0.7%-34.1K405.9K-3.3K2.4684.06N/AN/A7217760295
2022-11-18$111.77$110.0028.2%8.1%30.7%24.2%30.7%-6.4%-0.1%-19.9K385.8K-4.5K2.46101.21N/AN/A7217777313
2022-11-21$110.86$110.0028.8%8.3%30.9%25.6%28.2%7.5%-1.0%-26.9K395.5K-4.3K2.2895.95N/AN/A439845202
2022-11-22$112.02$110.0028.0%8.0%29.5%23.9%27.8%5.3%-0.7%-29.8K432.9K-4.4K2.7296.96N/AN/A4311745212
2022-11-23$112.00$110.0025.1%7.2%29.3%17.5%31.3%9.5%4.3%-31.3K478.9K-4.5K2.72107.09N/AN/A4311745221
2022-11-25$112.52$110.0026.8%7.7%29.3%21.1%25.9%4.9%-2.4%-33.3K397.3K-4.2K0.00105.30N/AN/A0445221
2022-11-28$109.71$110.0030.6%8.8%29.6%29.5%0.0%6.8%-7.2%-34.5K466.2K-4.3K0.0096.64N/AN/A0045223
2022-11-29$110.19$110.0031.6%9.0%29.6%31.7%29.8%5.6%-4.1%-36.1K519.0K-4.4K1.5096.81N/AN/A2345223
2022-11-30$112.25$110.0030.0%8.6%30.4%28.3%30.8%3.2%-4.3%-36.3K455.6K-4.3K0.00101.41N/AN/A4047225