W Options History — June 2022

In June 2022, W traded between $43.78 and $63.62. ATM implied volatility averaged 94.7%, placing in the 69.8% IV rank vs the trailing year. The 30-day expected move averaged 26.9%. IV traded below realized volatility by 19.4% (HV 20d: 114.0%). Max pain ranged from $52.00 to $80.00. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.88.

Notable Days

  • 2022-06-02: Highest Volume — 27,403 contracts
  • 2022-06-13: Largest IV spike — 13.6% change
  • 2022-06-14: Highest IV Rank — 84.4%
  • 2022-06-14: Largest Expected Move — 30.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.89$43.78$63.62$57.53$43.78
Max Pain$59.62$52.00$80.00$80.00$52.00
ATM IV94.7%86.0%105.5%92.1%102.7%
Expected Move26.9%25.0%30.3%27.0%27.5%
HV 20d114.0%99.8%155.1%149.7%111.1%
HV 60d116.2%114.3%119.2%114.3%119.2%
IV Rank69.8%58.2%84.4%66.4%80.6%
IV Percentile82.4%72.6%94.4%81.0%90.9%
Term Structure1.8%-5.9%13.3%-3.1%13.3%
VWIV95.8%85.5%114.0%95.4%98.9%
Skew 25d12.4%8.8%15.9%12.4%10.1%
Skew 10d26.3%21.7%32.4%27.6%21.7%
Call IV 25d89.2%80.8%99.3%85.8%96.6%
Put IV 25d101.6%92.1%115.2%98.2%106.7%
Bid-Ask Spread %20.1410.1257.2657.2610.12
Gamma HHI0.090.060.210.140.07
Net GEX-147.5K-1.6M3.2M1.3M-1.5M
Net DEX191.2M86.9M252.6M188.8M195.1M
Net VEX-1.4M-1.8M-1.1M-1.6M-1.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.301.880.871.15
Total Volume17,291.61910,32227,40313,14224,804
Total OI243,401214,618264,666250,377231,211

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-06-01$57.53$80.0092.1%27.0%149.7%66.4%95.4%12.4%-3.1%1.3M188.8M-1.6M0.8757.26N/AN/A7,0216,121149,765100,612
2022-06-02$63.62$60.0093.5%25.3%155.1%68.2%89.4%10.4%-5.9%3.2M118.4M-1.8M1.1718.67N/AN/A12,64514,758150,559101,677
2022-06-03$58.24$65.0091.9%25.6%122.4%66.1%91.6%10.6%0.3%135.0K195.0M-1.7M0.5112.93N/AN/A16,2808,302154,571105,323
2022-06-06$57.08$65.0090.2%25.4%122.1%63.9%86.3%12.0%-3.1%809.4K196.5M-1.6M0.3018.17N/AN/A14,2534,309147,959101,390
2022-06-07$54.94$65.0088.3%25.0%121.1%61.3%87.2%8.8%-2.2%579.9K216.7M-1.4M0.6816.24N/AN/A6,5034,436150,939102,635
2022-06-08$56.48$65.0086.0%25.3%119.4%58.2%85.5%11.3%2.5%1.5M193.6M-1.5M0.7715.16N/AN/A9,0586,973152,333103,219
2022-06-09$53.35$60.0089.1%25.4%115.8%62.4%89.7%11.4%-1.7%-201.0K221.4M-1.4M0.3520.68N/AN/A19,2806,684153,658106,398
2022-06-10$51.41$60.0092.4%26.7%115.9%66.9%94.5%13.5%1.0%-703.9K235.3M-1.4M0.8217.93N/AN/A9,1337,451156,800107,866
2022-06-13$47.98$60.00105.0%30.0%116.4%83.8%114.0%15.9%-3.6%-753.9K230.4M-1.2M1.8817.98N/AN/A7,29113,717150,964100,891
2022-06-14$47.09$60.00105.5%30.3%108.6%84.4%101.8%14.5%-4.9%-1.2M236.6M-1.3M0.6321.06N/AN/A6,3243,998151,763105,946
2022-06-15$49.04$60.0095.8%27.5%106.0%71.4%101.4%14.5%4.0%-1.3M227.6M-1.3M0.7029.14N/AN/A7,4115,182152,959106,005
2022-06-16$43.99$60.00103.0%29.5%101.3%81.1%102.3%15.2%0.5%-1.6M252.6M-1.1M0.8733.98N/AN/A7,3436,365154,653106,542
2022-06-17$45.53$55.0098.8%28.3%100.6%75.5%104.1%13.8%1.2%-954.1K243.9M-1.1M0.9729.91N/AN/A7,0346,810156,051107,635
2022-06-21$45.14$55.0095.1%26.8%99.8%70.4%94.7%13.2%2.4%-560.3K186.3M-1.1M0.8120.25N/AN/A5,9934,843126,92787,691
2022-06-22$47.44$55.0092.7%26.2%101.5%67.2%91.3%12.9%3.0%-593.6K174.7M-1.1M0.8518.87N/AN/A6,5405,532128,00088,439
2022-06-23$53.70$55.0092.7%26.8%106.0%67.2%95.5%11.5%-0.3%-33.7K133.5M-1.3M0.8817.07N/AN/A13,37511,729129,70688,911
2022-06-24$59.05$55.0089.2%25.3%107.1%62.6%97.9%10.6%1.6%588.7K86.9M-1.6M0.9511.75N/AN/A9,4298,973132,25791,974
2022-06-27$55.94$55.0092.2%26.6%101.5%66.6%98.5%11.7%13.3%-81.0K135.2M-1.5M1.0013.47N/AN/A6,2076,205128,02590,697
2022-06-28$50.35$55.0095.2%27.5%106.3%70.5%97.2%13.3%11.0%-642.7K167.4M-1.3M1.1711.74N/AN/A7,0988,271129,17592,794
2022-06-29$48.07$55.0096.4%27.5%107.1%72.1%95.5%12.4%9.5%-1.1M180.3M-1.3M1.0810.46N/AN/A9,33810,105130,68095,821
2022-06-30$43.78$52.00102.7%27.5%111.1%80.6%98.9%10.1%13.3%-1.5M195.1M-1.2M1.1510.12N/AN/A11,55113,253133,72897,483