W Options History — October 2022

In October 2022, W traded between $28.25 and $37.71. ATM implied volatility averaged 119.6%, placing in the 92.6% IV rank vs the trailing year. The 30-day expected move averaged 34.3%. IV traded above realized volatility by 23.9% (HV 20d: 95.7%). Max pain ranged from $35.00 to $41.00. Net GEX was positive for 3 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 2.35.

Notable Days

2022-10-14: Highest Volume — 54,150 contracts
2022-10-17: Largest IV spike — 4.4% change
2022-10-17: Highest IV Rank — 100.0%
2022-10-31: Largest Expected Move — 37.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$33.22	$28.25	$37.71	$34.35	$37.71
Max Pain	$38.71	$35.00	$41.00	$40.50	$35.50
ATM IV	119.6%	110.9%	127.3%	110.9%	115.3%
Expected Move	34.3%	28.2%	37.5%	29.4%	37.5%
HV 20d	95.7%	80.5%	107.1%	90.5%	96.4%
HV 60d	109.6%	106.8%	112.9%	107.7%	107.6%
IV Rank	92.6%	83.6%	100.0%	83.6%	85.0%
IV Percentile	96.2%	89.3%	100.0%	89.3%	89.3%
Term Structure	-3.8%	-9.0%	0.1%	0.1%	-2.7%
VWIV	121.7%	97.4%	138.0%	101.3%	133.9%
Skew 25d	9.8%	6.6%	12.1%	9.7%	9.7%
Skew 10d	20.5%	14.7%	25.8%	19.7%	24.3%
Call IV 25d	117.1%	110.5%	123.6%	110.5%	110.9%
Put IV 25d	127.0%	120.2%	131.9%	120.2%	120.6%
Bid-Ask Spread %	27.03	16.30	52.51	17.65	16.39
Gamma HHI	0.06	0.04	0.11	0.05	0.06
Net GEX	-281.1K	-969.5K	415.9K	-205.1K	-246.4K
Net DEX	90.0M	58.2M	120.7M	99.6M	58.2M
Net VEX	-696.2K	-769.7K	-579.6K	-718.8K	-769.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.35	0.97	4.36	1.47	4.36
Total Volume	32,237.429	16,835	54,150	25,114	29,311
Total OI	202,715.81	182,350	227,986	182,350	189,355

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-10-03	$34.35	$40.50	110.9%	29.4%	90.5%	83.6%	101.3%	9.7%	0.1%	-205.1K	99.6M	-718.8K	1.47	17.65	N/A	N/A	10,179	14,935	104,107	78,243
2022-10-04	$37.12	$40.50	112.8%	28.2%	96.6%	86.2%	97.4%	11.5%	-2.7%	97.5K	84.0M	-757.5K	1.37	20.24	N/A	N/A	10,322	14,122	106,746	80,220
2022-10-05	$35.97	$41.00	114.8%	28.2%	94.6%	88.8%	99.6%	10.4%	-2.8%	-133.1K	91.4M	-749.0K	2.82	16.81	N/A	N/A	7,417	20,917	107,563	82,348
2022-10-06	$33.83	$40.00	116.5%	31.7%	95.9%	91.0%	116.7%	8.8%	-3.8%	-311.0K	101.1M	-694.2K	1.33	35.35	N/A	N/A	7,220	9,615	109,664	82,280
2022-10-07	$30.63	$40.00	120.8%	33.7%	95.8%	96.6%	118.6%	11.6%	-5.0%	-604.5K	117.6M	-599.6K	1.00	32.13	N/A	N/A	17,601	17,657	111,144	83,332
2022-10-10	$30.35	$40.00	121.3%	33.7%	87.3%	97.4%	118.9%	12.1%	-1.9%	-401.2K	110.6M	-606.3K	1.01	32.68	N/A	N/A	13,500	13,631	112,240	83,596
2022-10-11	$30.60	$40.00	120.7%	34.2%	80.5%	96.6%	118.4%	10.7%	-1.3%	-419.0K	108.3M	-621.9K	0.97	31.40	N/A	N/A	11,124	10,792	113,952	87,177
2022-10-12	$31.76	$40.00	121.9%	34.7%	82.5%	98.1%	120.3%	11.1%	-0.7%	-220.3K	99.7M	-663.0K	1.09	29.21	N/A	N/A	20,801	22,667	116,218	87,949
2022-10-13	$31.01	$40.00	119.6%	34.1%	82.4%	95.1%	117.6%	10.7%	-0.2%	415.9K	102.9M	-647.9K	1.37	28.15	N/A	N/A	16,522	22,668	123,119	92,473
2022-10-14	$28.25	$40.00	121.9%	34.0%	84.2%	98.2%	122.2%	9.4%	-4.4%	-367.5K	120.7M	-579.6K	2.78	19.88	N/A	N/A	14,344	39,806	125,720	94,645
2022-10-17	$32.33	$40.00	127.3%	36.3%	100.4%	100.0%	126.1%	10.8%	-8.7%	-535.7K	88.3M	-701.3K	2.07	28.50	N/A	N/A	11,612	23,988	113,604	93,578
2022-10-18	$34.16	$40.00	123.2%	35.0%	102.3%	94.8%	125.0%	10.9%	-4.8%	-378.9K	77.7M	-749.1K	1.28	37.30	N/A	N/A	18,055	23,201	116,211	98,811
2022-10-19	$31.54	$40.00	124.2%	35.6%	105.1%	96.1%	123.7%	6.9%	-6.7%	-767.4K	97.6M	-695.1K	2.92	32.81	N/A	N/A	9,511	27,801	119,666	101,152
2022-10-20	$32.00	$40.00	124.7%	36.1%	103.6%	96.8%	126.5%	6.6%	-9.0%	-969.5K	94.5M	-710.4K	3.63	52.51	N/A	N/A	6,386	23,191	122,563	103,384
2022-10-21	$33.11	$35.00	119.9%	34.9%	103.7%	90.7%	129.4%	10.6%	-6.4%	-229.2K	90.9M	-721.9K	3.40	42.72	N/A	N/A	6,244	21,226	123,357	104,629
2022-10-24	$32.08	$40.00	124.4%	37.5%	103.1%	96.3%	138.0%	10.5%	-3.0%	-303.6K	83.8M	-683.0K	3.19	16.30	N/A	N/A	6,401	20,430	102,105	88,024
2022-10-25	$34.61	$35.00	120.2%	36.6%	107.1%	91.1%	131.6%	9.4%	-5.1%	-49.2K	67.5M	-724.6K	3.19	18.32	N/A	N/A	6,462	20,600	104,519	90,543
2022-10-26	$35.21	$35.00	118.3%	36.8%	104.4%	88.7%	132.2%	7.8%	-4.1%	50.7K	62.4M	-747.3K	2.87	20.90	N/A	N/A	11,949	34,278	106,124	91,864
2022-10-27	$35.21	$35.00	117.6%	36.8%	98.1%	87.9%	130.8%	8.6%	-3.2%	-36.6K	69.2M	-732.3K	3.40	19.00	N/A	N/A	6,105	20,759	107,405	92,368
2022-10-28	$35.80	$35.50	115.9%	36.2%	96.1%	85.7%	127.5%	8.9%	-4.1%	-288.4K	64.6M	-748.4K	3.88	19.32	N/A	N/A	6,888	26,748	108,592	96,442
2022-10-31	$37.71	$35.50	115.3%	37.5%	96.4%	85.0%	133.9%	9.7%	-2.7%	-246.4K	58.2M	-769.7K	4.36	16.39	N/A	N/A	5,472	23,839	101,374	87,981