IWC Options History — April 2025

In April 2025, IWC traded between $96.45 and $112.19. ATM implied volatility averaged 34.5%, placing in the 43.8% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded below realized volatility by 13.2% (HV 20d: 47.7%). Max pain ranged from $100.00 to $119.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.14.

Notable Days

  • 2025-04-02: Highest Volume — 112 contracts
  • 2025-04-04: Largest IV spike — 81.9% change
  • 2025-04-04: Highest IV Rank — 100.0%
  • 2025-04-08: Largest Expected Move — 14.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$105.50$96.45$112.19$110.75$110.45
Max Pain$102.52$100.00$119.00$119.00$100.00
ATM IV34.5%21.4%72.0%22.1%23.5%
Expected Move9.3%6.7%14.3%7.2%6.7%
HV 20d47.7%27.0%55.1%27.0%54.3%
HV 60d32.8%23.3%36.6%23.7%36.5%
IV Rank43.8%21.1%100.0%35.1%21.1%
IV Percentile87.0%50.8%100.0%57.1%63.5%
Term Structure-0.7%-5.3%10.5%-2.1%0.9%
VWIV31.4%15.8%47.7%22.9%15.8%
Skew 25d8.0%2.1%18.9%3.9%3.3%
Skew 10d11.2%-1.0%34.1%4.3%6.7%
Call IV 25d23.3%11.8%46.2%13.8%18.6%
Put IV 25d31.4%15.2%55.3%17.8%21.9%
Bid-Ask Spread %98.3777.25110.4080.11109.99
Gamma HHI0.090.070.110.080.09
Net GEX11.5K3.0K24.2K6.8K23.6K
Net DEX71.5K-101.8K213.3K71.2K-84.6K
Net VEX-1.5K-2.2K-1.0K-1.9K-2.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.140.000.500.000.00
Total Volume16.7140112325
Total OI351.333277409277320

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$110.75$119.0022.1%7.2%27.0%35.1%22.9%3.9%-2.1%6.8K71.2K-1.9K0.0080.11N/AN/A03223344
2025-04-02$112.19$119.0021.4%8.0%27.5%33.1%22.8%3.4%-5.3%17.6K-26.4K-2.2K0.0087.20N/AN/A112023344
2025-04-03$105.55$115.0029.1%9.0%34.1%56.7%20.0%2.8%-1.5%15.6K101.1K-1.5K0.5092.54N/AN/A2134443
2025-04-04$101.25$100.0053.0%11.4%36.2%100.0%0.0%15.2%-3.7%11.1K122.5K-1.6K0.00103.55N/AN/A12034242
2025-04-07$100.04$100.0063.7%12.3%35.0%100.0%0.0%17.0%-4.0%8.7K160.1K-1.3K0.00101.64N/AN/A0135342
2025-04-08$96.45$100.0072.0%14.3%36.3%100.0%0.0%13.3%-1.2%3.0K213.3K-1.0K0.0094.96N/AN/A0135342
2025-04-09$105.50$100.0034.8%10.0%50.0%39.5%0.0%17.7%-3.6%9.8K129.0K-1.4K0.20110.40N/AN/A10235343
2025-04-10$99.50$100.0044.0%12.6%53.3%54.4%47.7%18.9%-3.3%4.7K174.1K-1.2K0.0092.53N/AN/A01836342
2025-04-11$101.97$100.0040.1%11.5%53.3%48.1%46.3%3.0%-0.9%7.4K120.9K-1.6K0.5077.25N/AN/A2136343
2025-04-14$103.85$100.0028.8%8.3%53.6%29.6%27.3%6.3%0.6%6.0K130.3K-1.4K0.5096.34N/AN/A2136544
2025-04-15$103.81$100.0031.2%8.9%53.5%33.6%0.0%14.5%0.8%4.9K153.8K-1.1K0.0096.92N/AN/A0036543
2025-04-16$102.63$100.0033.3%9.6%52.7%37.1%0.0%2.4%2.0%5.1K139.6K-1.3K0.00104.29N/AN/A0036543
2025-04-17$104.55$100.0029.8%8.6%53.5%31.3%0.0%13.3%-0.1%8.8K119.9K-1.3K0.00100.22N/AN/A1036543
2025-04-21$102.65$100.0027.7%7.9%53.7%27.9%45.3%11.0%10.5%4.7K112.7K-1.3K0.13102.86N/AN/A8125338
2025-04-22$106.13$100.0028.1%8.0%54.4%28.5%31.4%5.0%1.6%9.7K54.1K-1.4K0.0798.08N/AN/A14125539
2025-04-23$107.74$100.0032.1%9.2%54.9%35.0%31.1%2.2%-2.2%13.8K5.8K-1.6K0.00100.40N/AN/A3025540
2025-04-24$109.78$100.0029.7%8.5%55.1%31.1%35.2%2.1%-2.4%15.5K-8.2K-1.5K0.18104.20N/AN/A11225840
2025-04-25$109.56$100.0026.7%7.7%55.0%26.3%0.0%3.0%0.3%20.5K-50.2K-1.8K0.00101.20N/AN/A1026142
2025-04-28$110.03$100.0025.4%7.3%54.1%24.1%0.0%5.3%0.3%19.0K-36.5K-1.6K0.01102.92N/AN/A104126242
2025-04-29$111.21$100.0027.7%7.9%54.2%27.8%0.0%4.8%-1.5%24.2K-101.8K-2.0K0.00108.07N/AN/A2027543
2025-04-30$110.45$100.0023.5%6.7%54.3%21.1%15.8%3.3%0.9%23.6K-84.6K-2.0K0.00109.99N/AN/A5027743