IWC Options History — October 2024

In October 2024, IWC traded between $120.25 and $128.57. ATM implied volatility averaged 24.3%, placing in the 41.9% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded above realized volatility by 5.7% (HV 20d: 18.6%). Max pain ranged from $115.00 to $125.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 1.03.

Notable Days

  • 2024-10-15: Highest Volume — 64 contracts
  • 2024-10-09: Largest IV spike — 57.4% change
  • 2024-10-31: Highest IV Rank — 70.1%
  • 2024-10-31: Largest Expected Move — 9.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$124.43$120.25$128.57$121.14$124.66
Max Pain$120.61$115.00$125.00$115.00$120.00
ATM IV24.3%15.8%33.5%20.7%33.5%
Expected Move7.2%5.5%9.6%5.9%9.6%
HV 20d18.6%17.4%20.3%17.4%20.2%
HV 60d25.5%20.5%29.3%29.2%20.5%
IV Rank41.9%16.0%70.1%31.1%70.1%
IV Percentile72.6%10.7%98.4%39.3%98.4%
Term Structure-0.9%-11.6%6.1%6.1%-11.6%
VWIV21.8%15.3%29.5%27.7%21.3%
Skew 25d3.5%-7.0%14.1%2.0%13.5%
Skew 10d6.0%-2.6%15.6%6.5%1.9%
Call IV 25d17.1%12.6%27.1%13.9%21.0%
Put IV 25d20.6%14.6%34.5%15.8%34.5%
Bid-Ask Spread %93.2477.61119.45107.6891.83
Gamma HHI0.150.100.350.130.10
Net GEX227.3K157.8K316.8K228.3K170.0K
Net DEX-2.7M-4.1M-2.1M-2.4M-2.3M
Net VEX-9.3K-10.3K-8.7K-10.2K-8.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.0021.000.000.00
Total Volume17.261264414
Total OI562465635581512

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-10-01$121.14$115.0020.7%5.9%17.4%31.1%27.7%2.0%6.1%228.3K-2.4M-10.2K0.00107.68N/AN/A4055031
2024-10-02$121.41$115.0019.1%5.5%17.4%26.1%0.0%-0.9%-0.9%232.4K-2.4M-10.1K0.33119.45N/AN/A3155131
2024-10-03$120.25$121.0024.1%7.2%17.6%41.3%0.0%2.7%-2.2%214.7K-2.2M-9.7K0.0093.04N/AN/A6055032
2024-10-04$122.38$121.0017.1%6.8%17.5%19.8%0.0%6.1%4.0%255.8K-2.7M-10.3K0.0085.42N/AN/A2055633
2024-10-07$121.30$121.0020.5%7.0%17.8%30.2%0.0%1.2%2.0%239.2K-2.4M-9.6K21.0090.94N/AN/A12155533
2024-10-08$121.53$121.0015.8%6.7%17.8%16.0%0.0%2.2%1.8%261.8K-2.4M-9.4K0.0091.51N/AN/A30055554
2024-10-09$121.31$121.0024.9%7.1%17.8%43.7%0.0%1.5%-0.8%238.3K-2.2M-9.2K0.0092.19N/AN/A24054554
2024-10-10$120.46$121.0025.2%7.2%17.8%44.7%15.3%2.6%0.7%238.6K-2.1M-9.2K0.1594.72N/AN/A13256354
2024-10-11$123.83$121.0023.1%6.6%18.6%38.1%23.6%11.8%-1.1%315.4K-2.9M-9.7K0.0093.62N/AN/A3057454
2024-10-14$124.97$121.0025.9%7.4%18.9%46.7%22.0%8.6%-1.2%290.4K-3.3M-9.7K0.0284.74N/AN/A56157354
2024-10-15$125.75$121.0022.4%6.4%18.9%36.2%19.0%14.1%1.4%279.6K-3.4M-9.3K0.6484.48N/AN/A392555254
2024-10-16$128.57$121.0024.2%6.9%20.3%41.5%24.4%-1.7%0.6%303.3K-4.1M-9.4K0.0077.61N/AN/A29055679
2024-10-17$128.10$121.0023.4%6.7%19.5%39.0%24.2%1.9%-2.4%280.7K-3.9M-9.3K0.0089.97N/AN/A11054779
2024-10-18$128.54$121.0025.7%7.4%19.2%46.2%29.5%6.2%-3.2%316.8K-3.9M-9.2K0.0689.49N/AN/A17154279
2024-10-21$126.44$121.0024.9%7.2%19.0%43.9%19.1%1.8%3.6%162.9K-2.6M-8.8K0.3392.71N/AN/A6241946
2024-10-22$126.31$125.0025.5%7.3%19.0%45.6%18.8%1.9%-3.0%164.3K-2.4M-8.7K0.0092.14N/AN/A0242148
2024-10-23$124.91$125.0027.6%7.9%18.5%51.8%18.3%-3.4%-5.4%157.8K-2.2M-8.8K0.1596.74N/AN/A26442150
2024-10-24$124.81$125.0026.0%7.5%18.4%47.2%24.1%8.6%-2.6%162.4K-2.2M-9.0K0.0091.46N/AN/A5044353
2024-10-25$124.38$120.0027.4%7.9%18.4%51.5%17.1%0.7%-0.7%158.9K-2.2M-8.9K0.0090.29N/AN/A5044753
2024-10-28$127.22$116.0024.1%6.9%20.0%41.3%19.9%5.4%0.1%184.2K-2.7M-8.9K0.00102.84N/AN/A35045253
2024-10-29$126.57$120.0027.2%7.8%19.2%50.7%20.3%-7.0%0.3%185.2K-2.5M-8.8K0.0094.10N/AN/A6045453
2024-10-30$126.94$120.0030.4%8.7%19.2%60.6%26.4%0.7%-6.0%187.6K-2.6M-8.9K0.0097.60N/AN/A3045853
2024-10-31$124.66$120.0033.5%9.6%20.2%70.1%21.3%13.5%-11.6%170.0K-2.3M-8.7K0.0091.83N/AN/A14045953