WATT Options History — August 2018

In August 2018, WATT traded between $7446.00 and $8610.00. ATM implied volatility averaged 64.3%, placing in the 5.8% IV rank vs the trailing year. The 30-day expected move averaged 17.9%. IV traded below realized volatility by 5.4% (HV 20d: 69.7%). Max pain ranged from $7500.00 to $10500.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 18 of 23 days. Put/call ratio averaged 0.90.

Notable Days

  • 2018-08-13: Highest Volume — 19 contracts
  • 2018-08-13: Largest IV spike — 37.5% change
  • 2018-08-01: Highest IV Rank — 18.0%
  • 2018-08-01: Largest Expected Move — 24.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7832.35$7446.00$8610.00$8142.00$7632.00
Max Pain$8347.83$7500.00$10500.00$10500.00$7500.00
ATM IV64.3%56.4%84.5%84.5%58.8%
Expected Move17.9%16.2%24.2%24.2%16.9%
HV 20d69.7%47.8%78.3%47.8%50.8%
HV 60d52.8%42.4%55.5%42.4%54.0%
IV Rank5.8%1.1%18.0%18.0%2.5%
IV Percentile15.9%2.0%67.5%67.5%4.8%
Term Structure2.1%-10.4%11.8%-10.4%-1.1%
VWIV65.1%56.4%91.0%91.0%61.1%
Skew 25d1.4%-14.7%43.0%-2.3%-14.7%
Skew 10d0.2%-17.6%73.0%2.7%-17.6%
Call IV 25d66.7%59.3%95.5%95.5%63.9%
Put IV 25d68.1%49.3%106.8%93.3%49.3%
Bid-Ask Spread %22.1310.3238.1622.7315.12
Gamma HHI0.150.110.200.110.15
Net GEX264.0K53.7K367.3K261.0K314.2K
Net DEX-7.8M-13.1M-1.6M-8.7M-9.3M
Net VEX-222.8K-252.5K-208.9K-245.6K-211.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.900.271.740.630.99
Total Volume9.1351986
Total OI185.348159207190169

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-08-01$8142.00$10500.0084.5%24.2%47.8%18.0%91.0%-2.3%-10.4%261.0K-8.7M-245.6K0.6322.73N/AN/A5314545
2018-08-02$7458.00$9000.0067.8%19.4%56.0%7.9%70.6%5.3%-3.7%121.3K-1.8M-215.5K0.6114.14N/AN/A11714647
2018-08-03$8262.00$9000.0062.0%17.8%68.4%4.5%66.6%-2.5%-6.2%293.2K-6.9M-220.3K0.6510.75N/AN/A8514949
2018-08-06$8610.00$7500.0066.3%18.6%70.2%7.0%65.0%0.7%2.1%367.3K-13.1M-252.5K0.8625.26N/AN/A6515049
2018-08-07$8430.00$9000.0065.8%18.2%69.2%6.7%64.3%-1.3%4.6%351.4K-11.3M-251.7K0.7323.69N/AN/A6414950
2018-08-08$7722.00$9000.0073.3%18.1%75.3%11.2%66.9%-2.0%0.8%193.3K-5.5M-234.1K1.0330.24N/AN/A5515150
2018-08-09$8262.00$9000.0061.6%18.4%78.3%4.2%62.6%-0.9%3.3%322.1K-9.6M-243.0K1.7427.14N/AN/A3515350
2018-08-10$8184.00$9000.0059.0%17.4%78.0%2.7%63.5%-0.5%6.2%308.1K-8.4M-240.9K0.8428.60N/AN/A6515351
2018-08-13$7956.00$9000.0081.2%18.4%77.3%15.9%67.9%-3.3%3.8%243.4K-4.8M-213.7K0.2733.87N/AN/A15415152
2018-08-14$7776.00$9000.0078.8%17.8%76.6%14.5%65.4%6.6%11.8%171.8K-4.0M-217.8K1.4029.82N/AN/A4515352
2018-08-15$7614.00$9000.0065.5%18.8%76.7%6.6%70.1%-1.0%5.2%53.7K-1.6M-212.0K0.7926.33N/AN/A5415353
2018-08-16$7662.00$9000.0063.1%18.1%76.8%5.1%69.5%-1.4%8.5%247.2K-4.2M-216.8K0.6623.90N/AN/A5315352
2018-08-17$7632.00$9000.0061.0%17.5%74.6%3.9%64.7%-1.1%6.1%245.8K-4.7M-214.7K0.6024.01N/AN/A6415552
2018-08-20$7614.00$7500.0057.0%16.3%73.2%1.5%59.2%2.1%4.4%249.3K-8.9M-213.5K0.9315.44N/AN/A3312435
2018-08-21$7536.00$7500.0061.9%17.7%72.7%4.4%62.0%3.4%-4.3%261.9K-8.5M-212.4K0.7021.48N/AN/A4312635
2018-08-22$7542.00$7500.0056.4%16.2%70.2%1.1%56.9%-1.4%3.7%260.5K-8.1M-208.9K1.0719.40N/AN/A3312735
2018-08-23$7746.00$7500.0059.8%17.1%71.2%3.2%63.6%-1.3%2.5%284.0K-9.7M-214.2K0.9523.31N/AN/A4412735
2018-08-24$7812.00$7500.0057.8%16.6%69.3%1.9%56.4%7.4%1.4%305.1K-10.2M-218.9K1.0118.48N/AN/A3412936
2018-08-27$7812.00$7500.0059.6%17.1%69.3%3.0%60.8%0.5%3.6%325.6K-11.4M-223.7K0.7212.36N/AN/A5313036
2018-08-28$7602.00$7500.0059.2%17.0%69.1%2.8%61.0%1.0%0.5%299.7K-9.7M-217.1K1.3538.16N/AN/A3413137
2018-08-29$7692.00$7500.0059.6%17.1%69.2%3.0%62.4%43.0%3.5%312.5K-9.4M-213.4K1.3710.32N/AN/A2313237
2018-08-30$7446.00$7500.0059.0%16.9%62.7%2.7%65.0%-4.9%2.5%278.4K-9.0M-211.9K0.9014.54N/AN/A3313237
2018-08-31$7632.00$7500.0058.8%16.9%50.8%2.5%61.1%-14.7%-1.1%314.2K-9.3M-211.9K0.9915.12N/AN/A3313237