W Options History — October 2019

In October 2019, W traded between $81.35 and $118.52. ATM implied volatility averaged 72.0%, placing in the 62.2% IV rank vs the trailing year. The 30-day expected move averaged 21.1%. IV traded above realized volatility by 25.3% (HV 20d: 46.7%). Max pain ranged from $105.00 to $126.00. Net GEX was positive for 5 of 23 trading days. Term structure was in contango for 1 of 23 days. Put/call ratio averaged 1.33.

Notable Days

  • 2019-10-29: Highest Volume — 57,819 contracts
  • 2019-10-31: Largest IV drop — 37.4% change
  • 2019-10-30: Highest IV Rank — 92.7%
  • 2019-10-30: Largest Expected Move — 31.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$107.07$81.35$118.52$105.61$81.35
Max Pain$115.96$105.00$126.00$126.00$105.00
ATM IV72.0%52.4%85.6%65.7%52.4%
Expected Move21.1%14.5%31.2%14.5%15.2%
HV 20d46.7%33.8%96.2%55.9%96.2%
HV 60d50.9%48.0%71.2%49.7%71.2%
IV Rank62.2%32.1%92.7%50.5%32.1%
IV Percentile87.5%43.3%99.2%74.2%43.3%
Term Structure-3.8%-6.5%2.1%-3.0%2.1%
VWIV72.9%50.0%106.8%50.0%54.5%
Skew 25d8.9%1.9%11.0%8.4%1.9%
Skew 10d17.0%3.3%20.9%15.6%3.3%
Call IV 25d67.4%51.4%81.2%63.4%51.4%
Put IV 25d76.3%53.3%88.4%71.7%53.3%
Bid-Ask Spread %25.9814.3642.6630.6627.60
Gamma HHI0.050.040.080.050.08
Net GEX-1.3M-4.5M1.3M-2.8M-4.5M
Net DEX87.5M-69.7M355.8M165.1M355.8M
Net VEX-1.6M-2.0M-906.8K-1.5M-906.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.330.512.952.950.94
Total Volume13,079.9573,63957,81914,15942,723
Total OI99,951.26186,597150,35887,826150,358

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-10-01$105.61$126.0065.7%14.5%55.9%50.5%50.0%8.4%-3.0%-2.8M165.1M-1.5M2.9530.66N/AN/A3,58210,57738,57349,253
2019-10-02$103.16$125.0069.4%14.9%46.6%57.0%53.0%9.7%-3.1%-3.1M181.5M-1.4M2.0837.28N/AN/A3,8768,05239,82150,785
2019-10-03$105.82$115.0069.3%18.4%47.7%56.7%65.3%10.1%-3.5%-3.1M142.0M-1.5M1.4522.64N/AN/A3,6615,32341,16250,359
2019-10-04$106.31$115.0068.3%18.4%47.6%55.1%63.1%10.5%-3.3%-2.7M134.3M-1.5M1.9224.25N/AN/A2,4244,66342,51951,241
2019-10-07$103.99$115.0070.4%18.8%42.4%58.7%64.6%9.9%-3.9%-2.1M125.5M-1.5M1.5526.40N/AN/A2,1013,26439,24247,355
2019-10-08$104.97$115.0073.3%19.7%42.8%63.8%65.9%11.0%-4.0%-2.1M117.0M-1.5M1.9328.69N/AN/A2,7345,27040,26948,390
2019-10-09$104.53$115.0071.4%19.3%35.3%60.4%67.3%10.3%-3.8%-2.5M118.1M-1.5M1.2426.93N/AN/A1,7472,17141,11049,063
2019-10-10$104.94$115.0069.6%19.1%33.8%57.3%64.6%10.1%-3.5%-2.0M114.3M-1.5M0.7928.79N/AN/A4,3603,46341,79049,162
2019-10-11$107.90$115.0065.9%18.3%36.6%50.8%61.5%9.2%-3.3%113.3K70.1M-1.5M0.8442.66N/AN/A5,0324,23844,28549,583
2019-10-14$106.52$115.0067.5%19.0%36.3%53.7%63.0%8.4%-3.5%-995.2K87.2M-1.5M0.7633.40N/AN/A3,3692,55041,37146,598
2019-10-15$109.52$115.0066.7%18.9%38.6%52.3%66.0%9.0%-3.2%-355.1K53.2M-1.5M1.3032.74N/AN/A3,3424,33342,35946,856
2019-10-16$108.09$115.0067.8%19.4%38.6%54.1%66.8%10.2%-1.9%-809.5K69.6M-1.6M2.7730.44N/AN/A2,5927,17444,04949,607
2019-10-17$114.56$115.0070.6%20.4%45.0%59.1%71.4%9.4%-4.4%-471.3K-5.4M-1.7M0.8929.95N/AN/A6,8866,10944,97554,660
2019-10-18$109.46$115.0074.6%21.8%45.4%66.0%74.2%10.0%-4.0%-2.0M59.7M-1.8M1.7032.18N/AN/A3,6176,15750,15755,758
2019-10-21$112.31$120.0076.1%23.0%45.1%68.8%80.7%9.1%-5.1%-268.1K27.0M-1.9M0.6519.15N/AN/A2,6231,70245,09552,047
2019-10-22$113.25$120.0077.5%23.9%44.9%71.1%84.6%9.5%-5.2%-187.9K15.0M-1.9M0.8417.65N/AN/A3,2732,75145,79453,083
2019-10-23$113.90$120.0075.7%23.6%44.3%68.0%82.2%8.7%-5.6%274.7K6.0M-1.9M0.6818.38N/AN/A2,1601,47948,01354,660
2019-10-24$114.39$120.0076.3%24.2%44.1%69.0%86.1%8.8%-4.8%1.2M-4.9M-1.9M1.3817.36N/AN/A2,6253,63249,35255,506
2019-10-25$118.52$115.0078.4%25.3%44.6%72.8%88.1%7.8%-6.5%1.3M-69.7M-2.0M0.8517.09N/AN/A8,4417,16350,25857,663
2019-10-28$109.85$115.0079.2%26.9%52.3%74.2%94.6%7.3%-3.7%-743.4K53.2M-1.8M1.8818.76N/AN/A4,3328,12950,86254,855
2019-10-29$101.54$115.0085.6%30.5%55.3%85.2%103.2%5.9%-4.4%-1.5M119.3M-1.7M0.5114.36N/AN/A38,32219,49752,94056,325
2019-10-30$102.02$106.0083.7%31.2%54.8%92.7%106.8%8.4%-5.8%437.1K79.1M-1.7M0.5920.26N/AN/A18,49510,82570,07661,640
2019-10-31$81.35$105.0052.4%15.2%96.2%32.1%54.5%1.9%2.1%-4.5M355.8M-906.8K0.9427.60N/AN/A22,06720,65682,20768,151