WATT Options History — May 2018

In May 2018, WATT traded between $10554.00 and $11364.00. ATM implied volatility averaged 63.1%, placing in the 5.6% IV rank vs the trailing year. The 30-day expected move averaged 18.1%. IV traded above realized volatility by 12.6% (HV 20d: 50.5%). Max pain ranged from $10500.00 to $12000.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.56.

Notable Days

  • 2018-05-02: Highest Volume — 27 contracts
  • 2018-05-02: Largest IV drop — 24.8% change
  • 2018-05-01: Highest IV Rank — 25.1%
  • 2018-05-01: Largest Expected Move — 27.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10923.55$10554.00$11364.00$10554.00$11118.00
Max Pain$11931.82$10500.00$12000.00$10500.00$12000.00
ATM IV63.1%54.5%95.8%95.8%61.5%
Expected Move18.1%15.6%27.5%27.5%17.6%
HV 20d50.5%39.6%71.1%71.1%39.7%
HV 60d73.2%69.5%75.4%75.2%69.6%
IV Rank5.6%0.6%25.1%25.1%4.7%
IV Percentile13.1%0.4%85.3%85.3%8.7%
Term Structure3.7%-10.3%12.0%-10.3%-6.3%
VWIV64.0%57.1%94.7%94.7%63.2%
Skew 25d5.4%-3.6%17.2%11.2%1.6%
Skew 10d-0.1%-6.8%4.7%2.9%3.4%
Call IV 25d62.1%52.2%89.9%89.9%63.3%
Put IV 25d67.5%56.6%101.0%101.0%64.9%
Bid-Ask Spread %25.2910.4246.0916.4025.91
Gamma HHI0.240.170.330.170.32
Net GEX675.4K498.6K901.3K521.6K785.0K
Net DEX-19.4M-30.5M-11.5M-17.1M-28.0M
Net VEX-277.2K-317.3K-251.6K-260.9K-316.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.160.850.760.60
Total Volume10.77372788
Total OI180.455140208179163

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-05-01$10554.00$10500.0095.8%27.5%71.1%25.1%94.7%11.2%-10.3%521.6K-17.1M-260.9K0.7616.40N/AN/A5313148
2018-05-02$10836.00$12000.0072.0%20.7%70.7%11.0%70.6%9.0%9.9%591.4K-16.7M-260.2K0.2817.31N/AN/A21613349
2018-05-03$10740.00$12000.0064.8%19.4%68.6%6.7%68.1%17.2%11.7%632.3K-13.7M-255.8K0.4646.09N/AN/A16813253
2018-05-04$11142.00$12000.0066.6%19.4%69.4%7.7%64.8%9.2%3.5%702.4K-19.8M-269.3K0.8526.63N/AN/A5513455
2018-05-07$10680.00$12000.0068.6%19.5%68.8%8.9%68.9%6.9%4.7%607.9K-12.1M-259.6K0.6232.37N/AN/A7513555
2018-05-08$10806.00$12000.0068.5%19.0%61.0%8.9%69.0%16.8%10.9%650.1K-14.0M-267.3K0.5527.04N/AN/A5313855
2018-05-09$11094.00$12000.0065.3%18.7%57.9%7.0%61.6%14.8%12.0%796.3K-18.8M-279.4K0.5228.33N/AN/A8413956
2018-05-10$10806.00$12000.0060.0%17.2%56.1%3.8%62.4%3.0%5.2%666.9K-11.5M-260.6K0.5036.16N/AN/A7414156
2018-05-11$10980.00$12000.0060.1%17.2%56.3%3.9%60.6%-1.1%2.2%779.7K-17.1M-257.8K0.5724.15N/AN/A5314457
2018-05-14$10686.00$12000.0060.8%17.4%40.2%4.3%63.2%5.3%6.7%636.6K-12.2M-258.2K0.7424.29N/AN/A5414557
2018-05-15$10770.00$12000.0061.7%17.7%40.5%4.8%61.5%0.6%3.2%655.0K-12.5M-251.6K0.5925.42N/AN/A5314758
2018-05-16$11130.00$12000.0055.5%15.9%42.6%1.1%59.7%-3.6%8.2%901.3K-19.7M-272.1K0.4327.72N/AN/A6214858
2018-05-17$10794.00$12000.0056.3%16.1%40.8%1.6%57.7%6.0%10.2%513.0K-14.0M-276.1K0.7123.84N/AN/A4314858
2018-05-18$10680.00$12000.0055.5%15.9%39.7%1.1%60.3%11.0%11.8%498.6K-14.2M-253.5K0.7422.06N/AN/A5315058
2018-05-21$10782.00$12000.0054.5%15.6%39.6%0.6%57.1%5.2%1.9%535.4K-21.2M-271.8K0.4025.35N/AN/A6210931
2018-05-22$11316.00$12000.0063.6%18.2%43.2%6.0%63.6%-1.8%-3.8%638.1K-27.3M-287.4K0.1625.20N/AN/A17311132
2018-05-23$11364.00$12000.0061.1%17.5%40.5%4.4%60.0%-1.2%-0.4%801.3K-30.5M-312.3K0.3524.76N/AN/A6212132
2018-05-24$11052.00$12000.0059.4%17.0%41.7%3.4%61.7%-2.3%-1.4%737.2K-29.0M-317.3K0.3819.48N/AN/A6212233
2018-05-25$11142.00$12000.0057.9%16.6%41.3%2.6%59.5%-0.5%-3.1%769.2K-27.6M-304.7K0.4820.00N/AN/A7312433
2018-05-29$10944.00$12000.0059.6%17.1%40.9%3.6%63.4%-2.4%-2.6%713.5K-26.0M-306.9K0.8227.50N/AN/A4412634
2018-05-30$10902.00$12000.0058.4%16.7%40.2%2.8%57.1%14.4%6.5%725.7K-24.8M-297.9K0.7610.42N/AN/A4312635
2018-05-31$11118.00$12000.0061.5%17.6%39.7%4.7%63.2%1.6%-6.3%785.0K-28.0M-316.9K0.6025.91N/AN/A5312736