IWC Options History — August 2025

In August 2025, IWC traded between $127.89 and $143.41. ATM implied volatility averaged 21.4%, placing in the 16.9% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded below realized volatility by 1.1% (HV 20d: 22.5%). Max pain ranged from $128.00 to $132.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 1.68.

Notable Days

  • 2025-08-12: Highest Volume — 25 contracts
  • 2025-08-11: Largest IV spike — 59.8% change
  • 2025-08-11: Highest IV Rank — 29.2%
  • 2025-08-01: Largest Expected Move — 7.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$136.72$127.89$143.41$127.89$142.37
Max Pain$129.24$128.00$132.00$132.00$130.00
ATM IV21.4%15.1%28.9%25.7%22.8%
Expected Move6.5%5.9%7.4%7.4%6.5%
HV 20d22.5%19.1%26.4%19.1%23.1%
HV 60d19.9%18.8%20.8%20.1%20.5%
IV Rank16.9%6.5%29.2%23.9%19.1%
IV Percentile47.2%4.4%90.1%77.0%63.5%
Term Structure-0.9%-4.5%1.8%-1.0%-1.7%
VWIV20.5%15.4%24.5%20.8%22.5%
Skew 25d3.8%-3.1%12.5%5.6%7.5%
Skew 10d3.6%0.7%12.5%6.9%2.0%
Call IV 25d15.9%12.4%21.7%18.6%16.1%
Put IV 25d19.7%14.4%26.4%24.2%23.7%
Bid-Ask Spread %99.4690.03121.66121.66102.32
Gamma HHI0.220.190.260.260.20
Net GEX107.2K76.0K133.6K76.0K117.0K
Net DEX-2.2M-3.0M-1.3M-1.3M-2.8M
Net VEX-7.6K-8.1K-6.9K-6.9K-7.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.680.0011.000.142.50
Total Volume6.762025814
Total OI386.381363403363393

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$127.89$132.0025.7%7.4%19.1%23.9%20.8%5.6%-1.0%76.0K-1.3M-6.9K0.14121.66N/AN/A7133627
2025-08-04$131.56$128.0019.2%7.0%21.3%13.3%0.0%12.5%-3.5%86.2K-1.6M-7.3K0.0090.25N/AN/A10034026
2025-08-05$132.50$128.0018.2%7.3%21.0%11.6%0.0%3.9%-2.7%91.9K-1.7M-7.8K6.0093.72N/AN/A1635026
2025-08-06$131.61$128.0015.1%6.4%20.9%6.5%24.5%8.0%-0.3%85.3K-1.7M-7.6K0.0093.82N/AN/A0535130
2025-08-07$130.83$128.0019.4%7.3%20.9%13.5%22.2%1.1%-4.5%84.3K-1.6M-7.4K0.0093.56N/AN/A11035129
2025-08-08$132.15$128.0018.1%6.5%20.4%11.4%0.0%4.4%0.2%90.0K-1.7M-7.5K0.0093.91N/AN/A0035729
2025-08-11$132.17$128.0028.9%6.6%20.1%29.2%0.0%3.5%-0.1%94.0K-1.7M-7.5K0.0092.28N/AN/A0135729
2025-08-12$136.31$128.0020.9%6.3%22.1%16.1%18.1%8.3%-1.9%115.5K-2.2M-7.6K0.6798.92N/AN/A151035828
2025-08-13$139.01$129.0021.4%6.1%22.9%16.8%21.3%-3.1%0.1%133.6K-2.6M-7.8K0.0097.91N/AN/A7037029
2025-08-14$137.81$129.0020.8%6.0%22.8%16.0%18.8%2.1%0.5%128.3K-2.5M-8.1K0.50103.41N/AN/A2137429
2025-08-15$137.26$129.0022.1%6.4%22.8%18.1%18.3%0.1%-0.5%108.9K-2.4M-7.9K0.00102.95N/AN/A2037030
2025-08-18$137.97$129.0020.7%5.9%22.8%15.7%23.8%4.4%0.6%113.1K-2.3M-7.8K4.0090.03N/AN/A1435424
2025-08-19$136.06$130.0021.9%6.3%23.1%17.6%22.1%-0.1%0.1%108.9K-2.1M-7.7K11.0099.43N/AN/A11135428
2025-08-20$135.88$130.0023.4%6.7%22.2%20.2%19.6%4.7%-1.7%105.9K-2.1M-7.7K1.00101.11N/AN/A3335430
2025-08-21$136.82$130.0024.7%7.1%21.9%22.2%20.1%-0.7%-2.9%108.9K-2.2M-7.7K0.50101.23N/AN/A2135730
2025-08-22$142.52$130.0020.7%5.9%26.2%15.6%18.6%2.7%1.8%121.5K-2.8M-7.7K1.00100.76N/AN/A5535730
2025-08-25$141.44$130.0022.0%6.3%26.4%17.9%19.0%3.8%-0.8%120.0K-2.7M-7.6K0.00104.03N/AN/A2035935
2025-08-26$142.42$130.0022.1%6.3%25.3%18.1%21.3%2.4%-0.4%119.3K-2.8M-7.6K0.00102.99N/AN/A1035935
2025-08-27$143.14$130.0021.6%6.2%24.3%17.2%22.9%3.6%-0.6%120.4K-2.9M-7.5K0.00102.56N/AN/A0135935
2025-08-28$143.41$130.0020.7%5.9%24.1%15.7%15.4%5.3%-0.6%123.1K-3.0M-7.4K1.25101.75N/AN/A4535936
2025-08-29$142.37$130.0022.8%6.5%23.1%19.1%22.5%7.5%-1.7%117.0K-2.8M-7.3K2.50102.32N/AN/A41035736