W Options History — June 2024

In June 2024, W traded between $49.84 and $59.80. ATM implied volatility averaged 54.4%, placing in the 5.2% IV rank vs the trailing year. The 30-day expected move averaged 15.6%. IV traded above realized volatility by 5.6% (HV 20d: 48.8%). Max pain ranged from $50.00 to $65.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 16 of 19 days. Put/call ratio averaged 0.81.

Notable Days

  • 2024-06-20: Highest Volume — 49,978 contracts
  • 2024-06-27: Largest IV spike — 12.6% change
  • 2024-06-28: Highest IV Rank — 21.1%
  • 2024-06-03: Largest Expected Move — 16.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.53$49.84$59.80$57.56$52.62
Max Pain$52.37$50.00$65.00$65.00$50.00
ATM IV54.4%50.5%61.5%55.5%61.5%
Expected Move15.6%14.7%16.4%16.4%15.4%
HV 20d48.8%38.5%54.5%52.8%53.5%
HV 60d63.3%61.8%65.2%62.5%63.7%
IV Rank5.2%0.0%21.1%6.9%21.1%
IV Percentile5.2%0.0%23.0%5.6%23.0%
Term Structure5.0%-2.7%20.7%0.8%14.6%
VWIV54.8%51.6%57.8%57.8%53.8%
Skew 25d0.7%-1.1%3.7%0.8%2.6%
Skew 10d0.3%-6.1%4.4%2.8%1.4%
Call IV 25d54.3%45.4%57.0%55.4%55.3%
Put IV 25d55.0%49.1%59.9%56.2%57.9%
Bid-Ask Spread %26.039.9140.7323.9122.44
Gamma HHI0.070.050.120.090.12
Net GEX2.6M-564.7K8.3M3.1M4.1M
Net DEX-38.1M-189.2M77.9M-59.7M-73.8M
Net VEX-2.5M-2.7M-2.2M-2.6M-2.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.810.122.780.921.39
Total Volume17,655.8957,25749,97810,64721,637
Total OI342,204.684286,483372,803335,272306,212

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-06-03$57.56$65.0055.5%16.4%52.8%6.9%57.8%0.8%0.8%3.1M-59.7M-2.6M0.9223.91N/AN/A5,5415,106169,438165,834
2024-06-04$56.74$65.0055.0%15.5%42.6%6.1%55.4%-0.3%-2.7%2.4M-29.9M-2.6M0.8321.54N/AN/A5,8544,838171,750168,358
2024-06-05$58.55$65.0054.4%16.2%44.5%4.8%57.1%3.7%1.4%4.0M-100.4M-2.7M0.1224.95N/AN/A22,6762,755175,785170,815
2024-06-06$59.70$50.0054.8%15.9%45.4%5.5%55.8%-0.0%-0.1%6.4M-165.1M-2.7M0.5024.34N/AN/A5,4132,697182,674171,725
2024-06-07$56.30$50.0053.0%15.6%38.5%1.9%54.1%-0.1%8.4%2.4M-32.7M-2.6M1.0026.73N/AN/A9,9399,928184,524172,951
2024-06-10$57.23$50.0052.9%15.3%39.2%1.8%55.1%-0.8%0.2%4.3M-83.3M-2.6M0.7525.10N/AN/A6,2384,680184,189171,488
2024-06-11$57.98$50.0055.1%16.0%39.2%6.2%56.2%-0.2%0.6%5.3M-120.1M-2.6M0.4029.96N/AN/A11,2244,498187,091172,160
2024-06-12$59.80$50.0052.9%15.4%41.8%1.7%55.0%-0.3%0.9%8.3M-189.2M-2.7M0.3637.23N/AN/A16,1395,733191,650173,882
2024-06-13$54.34$50.0053.8%15.7%51.7%3.5%55.1%-1.1%0.9%1.6M17.6M-2.4M0.7727.15N/AN/A11,7009,016190,611174,081
2024-06-14$51.88$50.0053.9%15.6%52.0%3.8%55.9%0.7%0.5%-564.7K77.9M-2.3M0.7239.21N/AN/A15,33711,033195,859173,737
2024-06-17$53.50$50.0055.5%15.9%54.4%6.8%56.5%-0.5%-0.1%2.0M-3.4M-2.4M0.2031.56N/AN/A18,3283,671190,228171,965
2024-06-18$52.39$50.0055.0%15.8%54.5%6.1%55.4%0.1%4.9%1.1M30.7M-2.3M0.5632.35N/AN/A6,1253,429195,825173,383
2024-06-20$52.36$50.0054.5%15.6%53.7%4.9%54.4%0.9%0.9%731.9K33.8M-2.3M2.7840.73N/AN/A13,22136,757196,786174,851
2024-06-21$51.83$50.0052.9%14.9%53.1%1.7%52.6%0.3%1.6%1.3M16.6M-2.3M1.4833.24N/AN/A2,9324,325197,977174,826
2024-06-24$51.55$50.0053.8%14.9%52.7%3.5%52.6%2.9%8.1%688.8K-17.5M-2.3M0.3016.86N/AN/A11,9763,648130,555155,928
2024-06-25$49.84$50.0052.4%14.7%52.6%0.9%51.6%-0.5%13.8%208.6K16.0M-2.2M0.6212.62N/AN/A4,8512,997133,631156,630
2024-06-26$50.22$50.0050.5%15.1%52.0%0.0%51.6%2.7%18.6%540.9K6.6M-2.3M1.029.91N/AN/A8,4438,579135,808157,699
2024-06-27$51.77$50.0056.9%15.5%53.4%12.3%54.7%3.2%20.7%1.9M-47.6M-2.3M0.7014.81N/AN/A8,3385,860139,211161,772
2024-06-28$52.62$50.0061.5%15.4%53.5%21.1%53.8%2.6%14.6%4.1M-73.8M-2.4M1.3922.44N/AN/A9,07112,566142,376163,836