WATT Options History — November 2018

In November 2018, WATT traded between $4686.00 and $6018.00. ATM implied volatility averaged 86.4%, placing in the 27.7% IV rank vs the trailing year. The 30-day expected move averaged 24.2%. IV traded below realized volatility by 11.6% (HV 20d: 98.0%). Max pain ranged from $4500.00 to $6000.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.93.

Notable Days

  • 2018-11-06: Highest Volume — 8 contracts
  • 2018-11-02: Largest IV spike — 15.6% change
  • 2018-11-05: Highest IV Rank — 44.2%
  • 2018-11-02: Largest Expected Move — 29.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5158.86$4686.00$6018.00$5514.00$4884.00
Max Pain$5642.86$4500.00$6000.00$6000.00$4500.00
ATM IV86.4%73.4%105.3%89.6%80.6%
Expected Move24.2%22.8%29.7%25.7%23.1%
HV 20d98.0%77.7%104.4%90.4%77.7%
HV 60d72.7%65.3%76.3%66.0%74.6%
IV Rank27.7%16.4%44.2%30.5%22.7%
IV Percentile69.4%39.7%89.3%75.8%59.1%
Term Structure1.7%-4.2%6.1%3.0%0.5%
VWIV85.8%80.4%92.3%91.7%83.5%
Skew 25d2.5%-13.6%14.5%10.4%14.3%
Skew 10d5.9%-31.4%52.4%16.6%52.4%
Call IV 25d87.4%81.8%95.3%94.8%89.9%
Put IV 25d89.9%76.7%105.2%105.2%104.1%
Bid-Ask Spread %28.4211.2774.9411.2774.94
Gamma HHI0.110.100.150.110.11
Net GEX125.5K75.7K239.2K168.3K93.8K
Net DEX-2.3M-6.3M1.1M-3.3M-4.2M
Net VEX-124.3K-151.9K-106.1K-143.8K-128.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.930.511.410.660.84
Total Volume4.7143854
Total OI182.238165198190168

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-11-01$5514.00$6000.0089.6%25.7%90.4%30.5%91.7%10.4%3.0%168.3K-3.3M-143.8K0.6611.27N/AN/A3215337
2018-11-02$5166.00$6000.00103.5%29.7%91.5%42.6%92.3%7.2%0.2%143.8K-2.1M-133.1K0.6420.63N/AN/A3215337
2018-11-05$5052.00$6000.00105.3%25.6%90.9%44.2%92.0%4.6%-0.0%107.8K1.1M-106.8K0.5126.99N/AN/A3215437
2018-11-06$5712.00$6000.0096.1%24.1%101.4%36.2%85.6%4.9%2.2%200.5K-4.4M-142.0K0.5137.34N/AN/A5315537
2018-11-07$6018.00$6000.0093.2%22.9%100.3%33.7%80.4%0.7%5.9%239.2K-6.3M-151.9K0.8245.18N/AN/A3315637
2018-11-08$5694.00$6000.0095.0%23.0%100.3%35.2%81.8%-2.7%1.8%206.0K-4.3M-145.6K1.0130.08N/AN/A2215838
2018-11-09$5562.00$6000.0081.4%22.8%100.7%23.4%84.2%-5.1%3.2%186.6K-3.1M-138.4K0.9226.75N/AN/A3215838
2018-11-12$5232.00$6000.0073.4%24.3%103.0%16.4%91.3%-4.0%1.0%138.0K-1.3M-126.4K0.7924.23N/AN/A2215938
2018-11-13$5208.00$6000.0075.7%23.2%100.5%18.4%82.1%-4.0%3.1%109.0K-595.3K-122.3K0.9126.48N/AN/A2215938
2018-11-14$5136.00$6000.0084.5%24.2%100.5%26.1%84.8%-1.5%2.1%110.0K-736.6K-121.1K0.9424.42N/AN/A2215938
2018-11-15$5310.00$6000.0080.6%23.1%100.4%22.6%81.7%0.0%3.6%123.7K-1.3M-124.6K1.4129.31N/AN/A2315938
2018-11-16$5274.00$6000.0082.7%23.7%100.0%24.5%82.2%-3.9%-1.8%116.7K-850.7K-121.8K1.2318.76N/AN/A3415939
2018-11-19$4830.00$6000.0084.3%24.2%103.4%25.9%83.9%-6.6%-1.3%79.5K-1.2M-108.8K1.0321.20N/AN/A2213629
2018-11-20$4704.00$6000.0084.4%24.2%103.7%26.0%84.9%14.5%6.1%89.0K-2.1M-112.1K1.1619.90N/AN/A2213629
2018-11-21$4848.00$6000.0080.7%23.1%104.4%22.7%83.7%5.9%3.1%80.3K-2.3M-116.4K1.3620.65N/AN/A1213629
2018-11-23$4800.00$6000.0084.7%24.3%103.8%26.2%85.6%11.4%3.3%91.1K-2.3M-116.4K1.1224.55N/AN/A2213629
2018-11-26$4872.00$4500.0081.5%23.4%97.5%23.5%84.0%8.5%-4.2%85.7K-1.3M-108.6K1.2925.51N/AN/A2213629
2018-11-27$4686.00$4500.0081.8%23.5%96.4%23.8%92.3%-13.6%3.6%75.7K-1.2M-106.1K0.7513.43N/AN/A3213729
2018-11-28$4968.00$4500.0089.8%25.7%97.6%30.6%87.4%14.0%-2.7%97.9K-3.7M-124.8K0.9128.73N/AN/A2213829
2018-11-29$4866.00$4500.0085.0%24.4%93.0%26.5%86.2%-3.2%2.3%92.9K-2.4M-111.9K0.6646.50N/AN/A3213829
2018-11-30$4884.00$4500.0080.6%23.1%77.7%22.7%83.5%14.3%0.5%93.8K-4.2M-128.2K0.8474.94N/AN/A2213929