W Options History — April 2026

In April 2026, W traded between $72.78 and $74.66. ATM implied volatility averaged 85.7%, placing in the 41.6% IV rank vs the trailing year. The 30-day expected move averaged 24.6%. IV traded above realized volatility by 26.0% (HV 20d: 59.7%). Max pain ranged from $75.00 to $80.00. Net GEX was positive for 1 of 2 trading days. Term structure was in contango for 1 of 2 days. Put/call ratio averaged 3.37.

Notable Days

  • 2026-04-01: Highest Volume — 14,075 contracts
  • 2026-04-02: Largest IV spike — 10.2% change
  • 2026-04-02: Highest IV Rank — 46.4%
  • 2026-04-02: Largest Expected Move — 25.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$73.72$72.78$74.66$74.66$72.78
Max Pain$77.50$75.00$80.00$75.00$80.00
ATM IV85.7%81.5%89.8%81.5%89.8%
Expected Move24.6%23.4%25.8%23.4%25.8%
HV 20d59.7%59.6%59.7%59.6%59.7%
HV 60d68.0%67.9%68.1%68.1%67.9%
IV Rank41.6%36.8%46.4%36.8%46.4%
IV Percentile88.3%84.1%92.5%84.1%92.5%
Term Structure1.8%-1.5%5.0%5.0%-1.5%
VWIV79.6%74.1%85.1%74.1%85.1%
Skew 25d11.5%11.2%11.8%11.2%11.8%
Skew 10d18.5%15.1%21.8%21.8%15.1%
Call IV 25d79.7%75.0%84.3%75.0%84.3%
Put IV 25d91.2%86.2%96.1%86.2%96.1%
Bid-Ask Spread %28.3227.2429.4027.2429.40
Gamma HHI0.090.080.110.080.11
Net GEX-494.1K-2.8M1.8M1.8M-2.8M
Net DEX-21.5M-62.2M19.2M-62.2M19.2M
Net VEX-1.6M-1.7M-1.6M-1.7M-1.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.373.123.633.123.63
Total Volume13,650.513,22614,07514,07513,226
Total OI162,670.5156,659168,682168,682156,659

Daily Data (2 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-04-01$74.66$75.0081.5%23.4%59.6%36.8%74.1%11.2%5.0%1.8M-62.2M-1.7M3.1227.24N/AN/A3,41610,65996,87671,806
2026-04-02$72.78$80.0089.8%25.8%59.7%46.4%85.1%11.8%-1.5%-2.8M19.2M-1.6M3.6329.40N/AN/A2,85810,36879,02077,639