W Options History — October 2024

In October 2024, W traded between $42.65 and $56.47. ATM implied volatility averaged 79.2%, placing in the 55.3% IV rank vs the trailing year. The 30-day expected move averaged 23.8%. IV traded above realized volatility by 28.7% (HV 20d: 50.5%). Max pain ranged from $50.00 to $52.50. Net GEX was positive for 7 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 1.08.

Notable Days

  • 2024-10-31: Highest Volume — 55,235 contracts
  • 2024-10-31: Largest IV spike — 17.3% change
  • 2024-10-25: Highest IV Rank — 69.2%
  • 2024-10-31: Largest Expected Move — 31.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.52$42.65$56.47$53.52$42.88
Max Pain$50.78$50.00$52.50$50.00$50.00
ATM IV79.2%70.0%86.4%70.0%85.8%
Expected Move23.8%17.1%31.9%17.1%31.9%
HV 20d50.5%46.2%55.2%48.2%47.7%
HV 60d64.5%57.4%68.4%68.1%57.4%
IV Rank55.3%37.6%69.2%37.6%68.1%
IV Percentile73.8%59.5%89.7%59.5%89.7%
Term Structure-1.5%-6.0%11.6%6.4%-4.5%
VWIV83.5%59.3%109.8%59.3%109.8%
Skew 25d2.5%-3.0%9.8%3.9%1.8%
Skew 10d8.1%-28.0%47.9%8.2%10.3%
Call IV 25d78.8%70.4%85.2%70.4%85.2%
Put IV 25d81.3%74.3%87.1%74.3%87.1%
Bid-Ask Spread %28.3818.9337.1228.7732.78
Gamma HHI0.060.050.100.060.05
Net GEX-658.9K-2.9M1.4M-268.5K-801.0K
Net DEX-42.6M-157.3M94.2M-93.5M79.0M
Net VEX-1.9M-2.0M-1.7M-2.0M-1.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.080.411.940.640.49
Total Volume15,141.5223,99955,23511,16255,235
Total OI279,506.304260,570315,850262,738315,850

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-10-01$53.52$50.0070.0%17.1%48.2%37.6%59.3%3.9%6.4%-268.5K-93.5M-2.0M0.6428.77N/AN/A6,7944,368106,726156,012
2024-10-02$53.02$50.0076.0%17.3%48.3%49.2%59.3%2.0%0.4%-484.5K-83.4M-2.0M1.0518.93N/AN/A1,9542,045108,388157,018
2024-10-03$52.45$50.0077.6%21.6%48.9%52.2%76.6%4.1%0.5%-906.4K-71.8M-2.0M1.7936.69N/AN/A1,9183,438109,072157,661
2024-10-04$55.42$50.0074.3%21.1%51.3%45.9%74.2%1.1%6.5%991.6K-147.3M-2.0M0.7037.12N/AN/A9,0406,335109,884159,614
2024-10-07$56.28$50.0079.9%22.1%51.1%56.7%78.0%2.6%-2.8%1.4M-153.3M-2.0M1.0125.19N/AN/A5,2175,291106,305154,265
2024-10-08$56.47$50.0079.8%22.0%51.3%56.6%77.0%2.1%-1.4%947.1K-157.3M-2.0M1.0829.91N/AN/A4,4044,753108,199157,974
2024-10-09$54.26$50.0079.3%21.8%54.1%55.4%75.5%1.4%-2.8%-671.6K-98.3M-1.9M0.4127.37N/AN/A8,5973,548109,833160,742
2024-10-10$53.69$50.0077.7%21.7%54.6%52.5%79.2%2.3%-2.0%-1.1M-98.1M-1.9M1.2733.65N/AN/A7,5639,624115,690162,238
2024-10-11$53.80$50.0078.1%22.0%51.8%53.2%76.5%2.9%-1.9%-1.0M-103.5M-1.9M1.4831.63N/AN/A8,19612,164119,078167,602
2024-10-14$54.86$50.0078.3%22.2%51.9%53.7%78.2%3.5%-3.8%749.3K-148.6M-1.9M1.6327.42N/AN/A3,0364,944114,172158,255
2024-10-15$53.27$52.5080.1%22.9%50.1%57.1%79.0%3.6%-5.3%227.8K-106.6M-1.9M0.4429.42N/AN/A5,6252,479115,896161,234
2024-10-16$54.45$52.5078.7%22.6%50.6%54.4%78.9%2.8%-4.4%566.2K-137.8M-1.9M0.9421.14N/AN/A4,2363,966116,913162,487
2024-10-17$52.56$52.5077.8%22.5%46.5%52.6%81.1%3.1%-3.7%71.6K-85.4M-1.9M1.9431.40N/AN/A4,2768,289118,989163,104
2024-10-18$52.16$52.5078.6%22.9%46.2%54.2%79.6%3.4%3.2%-587.2K-67.9M-1.9M1.0234.22N/AN/A8,0008,144120,484165,337
2024-10-21$47.87$52.5079.5%24.4%55.0%55.9%84.2%-3.0%-3.1%-1.2M15.8M-1.8M1.1524.74N/AN/A10,94712,608106,602154,762
2024-10-22$48.20$52.5077.1%25.4%54.9%51.2%88.6%1.4%-4.7%-1.4M9.5M-1.8M1.3823.08N/AN/A8,38611,564112,967161,164
2024-10-23$46.28$51.0083.4%26.1%55.2%63.5%91.8%3.3%-6.0%-2.0M57.3M-1.8M1.3922.43N/AN/A6,0428,381117,637168,328
2024-10-24$45.35$51.0082.8%26.4%52.3%62.2%92.1%2.0%-5.6%-2.6M76.5M-1.8M1.8426.01N/AN/A4,5398,364120,826169,365
2024-10-25$44.78$51.0086.4%26.4%48.2%69.2%93.3%2.1%-0.2%-2.9M86.4M-1.8M1.3325.85N/AN/A7,0159,344123,315169,916
2024-10-28$44.63$50.0082.0%27.5%48.2%60.7%96.3%2.1%-4.9%-1.3M64.9M-1.8M0.8326.00N/AN/A5,8474,864118,858166,361
2024-10-29$43.00$50.0085.0%29.6%47.3%66.6%103.6%9.8%-4.8%-1.6M94.2M-1.7M0.5931.17N/AN/A13,3367,884123,066169,340
2024-10-30$42.65$50.0073.2%30.8%47.3%43.7%107.6%-0.7%11.6%-1.1M88.9M-1.8M0.4727.81N/AN/A10,6564,999133,874173,242
2024-10-31$42.88$50.0085.8%31.9%47.7%68.1%109.8%1.8%-4.5%-801.0K79.0M-1.8M0.4932.78N/AN/A36,94918,286140,049175,801