IWC Options History — October 2025

In October 2025, IWC traded between $149.78 and $159.82. ATM implied volatility averaged 23.7%, placing in the 20.6% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 1.9% (HV 20d: 21.8%). Max pain ranged from $145.00 to $155.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 15 of 23 days. Put/call ratio averaged 0.73.

Notable Days

  • 2025-10-06: Highest Volume — 132 contracts
  • 2025-10-10: Largest IV spike — 90.9% change
  • 2025-10-14: Highest IV Rank — 52.2%
  • 2025-10-17: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$154.78$149.78$159.82$149.78$156.38
Max Pain$151.30$145.00$155.00$145.00$155.00
ATM IV23.7%13.2%42.9%16.2%23.0%
Expected Move6.5%4.6%7.9%4.6%6.6%
HV 20d21.8%15.3%27.1%16.1%26.9%
HV 60d20.8%19.0%22.4%19.6%21.6%
IV Rank20.6%3.4%52.2%8.3%19.5%
IV Percentile57.1%1.6%98.4%7.9%67.1%
Term Structure0.3%-6.5%4.0%2.4%0.9%
VWIV20.5%13.6%25.3%23.0%18.2%
Skew 25d3.4%-5.2%12.6%6.7%0.1%
Skew 10d3.1%-2.0%7.7%1.3%-0.6%
Call IV 25d18.5%11.4%26.0%11.4%18.9%
Put IV 25d21.8%12.2%31.5%18.1%19.0%
Bid-Ask Spread %100.2572.84113.75108.04113.75
Gamma HHI0.250.190.360.350.25
Net GEX153.3K117.1K195.0K156.9K170.3K
Net DEX-4.4M-4.7M-3.8M-3.9M-4.7M
Net VEX-9.1K-10.2K-7.4K-9.8K-8.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.730.004.000.000.00
Total Volume26.348113211
Total OI540.217492588492578

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-10-01$149.78$145.0016.2%4.6%16.1%8.3%0.0%6.7%2.4%156.9K-3.9M-9.8K0.00108.04N/AN/A0142468
2025-10-02$150.53$145.0019.4%5.6%16.0%13.5%0.0%2.2%2.1%155.1K-4.1M-9.8K0.00107.25N/AN/A5042469
2025-10-03$152.09$145.0020.2%5.8%16.0%14.9%23.0%0.4%-6.5%157.7K-4.3M-9.8K1.38110.12N/AN/A81142969
2025-10-06$153.88$150.0020.6%6.1%16.3%15.6%19.2%9.4%2.8%158.2K-4.5M-9.7K0.0372.84N/AN/A128443269
2025-10-07$152.59$150.0013.2%6.2%16.8%3.4%0.0%-2.6%0.5%185.6K-4.3M-10.2K1.0074.53N/AN/A1146473
2025-10-08$153.75$150.0015.7%6.0%16.8%7.5%13.6%4.0%0.8%195.0K-4.5M-10.0K0.0085.97N/AN/A0146474
2025-10-09$154.41$150.0017.2%6.6%15.3%10.0%0.0%-2.3%-0.6%187.0K-4.7M-9.7K0.0093.45N/AN/A0746475
2025-10-10$150.28$150.0032.9%7.1%18.3%35.7%20.7%-5.2%0.3%156.9K-4.0M-10.1K0.0793.41N/AN/A40346483
2025-10-13$153.58$150.0038.0%7.0%19.7%44.2%16.5%5.1%-0.9%165.2K-4.1M-9.5K0.10104.95N/AN/A10143481
2025-10-14$157.05$150.0042.9%6.5%20.8%52.2%22.4%12.6%0.5%164.6K-4.6M-9.2K2.6796.10N/AN/A277243482
2025-10-15$159.82$150.0024.1%6.9%21.4%21.2%24.4%9.4%-0.6%128.9K-4.7M-8.6K0.0895.58N/AN/A786415150
2025-10-16$154.97$150.0024.8%7.1%23.2%22.4%25.3%12.4%2.4%120.3K-4.4M-9.3K0.2093.86N/AN/A153433155
2025-10-17$153.20$150.0027.6%7.9%23.4%27.1%0.0%9.8%-1.7%117.1K-3.8M-9.6K2.5095.15N/AN/A410421157
2025-10-20$157.47$150.0024.2%6.9%24.9%21.4%20.6%2.2%0.9%141.1K-4.4M-8.4K4.0097.21N/AN/A312412114
2025-10-21$156.30$155.0023.4%6.7%25.1%20.2%18.4%4.2%1.2%136.8K-4.3M-8.6K1.00103.32N/AN/A33415125
2025-10-22$153.31$155.0024.0%6.9%26.0%21.1%19.6%2.4%0.3%132.6K-3.8M-8.8K0.00102.64N/AN/A230416126
2025-10-23$155.56$155.0023.9%6.8%25.6%20.9%21.1%5.4%-0.9%141.1K-4.0M-8.9K0.14103.42N/AN/A71418127
2025-10-24$158.69$155.0022.6%6.5%26.2%18.8%23.0%0.9%-2.0%143.2K-4.6M-8.1K0.00108.43N/AN/A530422128
2025-10-27$158.07$155.0021.3%6.1%26.3%16.8%21.1%2.5%2.2%139.9K-4.7M-7.4K0.06109.82N/AN/A161412128
2025-10-28$157.68$155.0024.8%7.1%26.3%22.4%0.0%0.3%-2.1%141.9K-4.6M-7.9K0.05111.09N/AN/A211417128
2025-10-29$155.14$155.0021.2%6.1%27.1%16.6%18.2%-3.0%4.0%162.9K-4.5M-8.9K0.55112.16N/AN/A116442129
2025-10-30$155.38$155.0023.6%6.8%27.0%20.5%0.0%0.6%1.6%166.5K-4.6M-9.0K0.00112.63N/AN/A80453128
2025-10-31$156.38$155.0023.0%6.6%26.9%19.5%0.0%0.1%0.9%170.3K-4.7M-8.7K0.00113.75N/AN/A01451127