WATT Options History — July 2018

In July 2018, WATT traded between $8028.00 and $9486.00. ATM implied volatility averaged 77.9%, placing in the 14.0% IV rank vs the trailing year. The 30-day expected move averaged 23.1%. IV traded above realized volatility by 31.9% (HV 20d: 46.0%). Max pain ranged from $9000.00 to $10500.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.81.

Notable Days

  • 2018-07-23: Highest Volume — 13 contracts
  • 2018-07-11: Largest IV spike — 27.6% change
  • 2018-07-31: Highest IV Rank — 22.2%
  • 2018-07-31: Largest Expected Move — 26.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8799.71$8028.00$9486.00$8658.00$8238.00
Max Pain$10428.57$9000.00$10500.00$10500.00$10500.00
ATM IV77.9%59.5%91.7%69.6%91.7%
Expected Move23.1%19.8%26.3%19.9%26.3%
HV 20d46.0%40.6%51.0%40.6%49.7%
HV 60d43.3%39.4%52.2%52.2%43.1%
IV Rank14.0%3.0%22.2%9.0%22.2%
IV Percentile49.5%4.0%81.0%28.2%81.0%
Term Structure-2.5%-15.4%12.4%12.0%-15.4%
VWIV83.4%69.2%98.3%69.2%98.3%
Skew 25d2.4%-4.0%8.4%-0.6%1.8%
Skew 10d8.7%-6.5%37.2%-6.5%-0.3%
Call IV 25d83.1%68.5%95.7%75.1%95.7%
Put IV 25d85.5%74.5%97.5%74.5%97.5%
Bid-Ask Spread %22.2712.8440.1217.3312.84
Gamma HHI0.120.110.140.130.12
Net GEX341.7K231.8K466.3K318.9K284.6K
Net DEX-14.1M-21.0M-7.8M-12.9M-9.9M
Net VEX-278.2K-302.2K-242.1K-290.1K-253.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.810.402.300.550.69
Total Volume7.1941396
Total OI185.19176190180188

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-07-02$8658.00$10500.0069.6%19.9%40.6%9.0%69.2%-0.6%12.0%318.9K-12.9M-290.1K0.5517.33N/AN/A6313941
2018-07-03$8970.00$9000.0069.1%19.8%43.2%8.7%71.9%6.2%12.4%351.1K-15.9M-298.1K1.0124.26N/AN/A4414042
2018-07-05$8808.00$10500.0071.8%23.4%42.2%10.3%95.0%4.0%-3.4%325.0K-14.4M-294.1K1.0629.10N/AN/A3313943
2018-07-06$8820.00$10500.0059.5%22.1%42.3%3.0%77.2%-1.2%2.6%312.6K-12.9M-285.8K2.3023.68N/AN/A3613944
2018-07-09$8856.00$10500.0064.4%21.9%40.7%5.9%80.1%-1.5%1.2%325.6K-13.7M-286.2K0.6621.98N/AN/A4214045
2018-07-10$9162.00$10500.0060.4%21.6%41.8%3.5%81.6%3.8%2.0%390.3K-16.0M-280.1K0.9014.82N/AN/A3314045
2018-07-11$9024.00$10500.0077.0%22.1%42.0%13.4%79.6%-4.0%-0.5%364.2K-15.2M-284.3K0.6519.89N/AN/A3214045
2018-07-12$9378.00$10500.0077.9%22.3%44.6%14.0%77.5%5.4%5.1%430.5K-19.7M-300.6K0.4434.53N/AN/A6214145
2018-07-13$9486.00$10500.0078.8%22.6%44.9%14.5%80.2%5.1%2.1%466.3K-20.1M-289.8K0.7121.88N/AN/A3214345
2018-07-16$9084.00$10500.0080.5%23.1%46.7%15.5%82.0%1.3%-1.2%405.1K-16.6M-289.9K0.8115.42N/AN/A3214345
2018-07-17$9306.00$10500.0079.4%22.8%46.8%14.9%81.2%-1.0%-1.2%459.0K-19.8M-302.2K0.7929.67N/AN/A3214445
2018-07-18$9276.00$10500.0080.2%23.0%46.4%15.4%83.2%8.4%2.8%414.3K-19.1M-297.9K0.8820.97N/AN/A2214446
2018-07-19$9282.00$10500.0081.6%23.4%46.1%16.2%84.5%6.9%-1.4%415.7K-21.0M-294.0K0.9222.17N/AN/A4314446
2018-07-20$8748.00$10500.0078.5%22.5%47.9%14.4%82.2%-0.8%-0.9%308.7K-10.0M-267.6K0.7924.67N/AN/A4314446
2018-07-23$8370.00$10500.0082.8%23.8%50.0%16.9%84.5%4.7%-9.7%279.1K-10.4M-251.8K0.4918.61N/AN/A9413442
2018-07-24$8136.00$10500.0087.1%25.0%49.2%19.4%88.4%0.6%-14.6%233.4K-8.1M-250.8K0.5121.44N/AN/A7413744
2018-07-25$8532.00$10500.0082.0%23.5%50.5%16.4%87.5%0.8%-8.0%283.0K-10.9M-258.9K0.4019.59N/AN/A8313844
2018-07-26$8520.00$10500.0083.6%24.0%49.0%17.4%85.4%1.9%-12.1%326.3K-12.4M-273.0K0.7518.05N/AN/A4314244
2018-07-27$8112.00$10500.0088.0%25.2%51.0%20.0%87.9%5.4%-11.9%250.8K-8.9M-252.3K0.7440.12N/AN/A4314244
2018-07-30$8028.00$10500.0091.5%26.2%49.5%22.1%94.3%3.0%-12.9%231.8K-7.8M-242.1K1.0016.59N/AN/A3314344
2018-07-31$8238.00$10500.0091.7%26.3%49.7%22.2%98.3%1.8%-15.4%284.6K-9.9M-253.0K0.6912.84N/AN/A4214444