WATT Options History — December 2018

In December 2018, WATT traded between $2730.00 and $4980.00. ATM implied volatility averaged 99.4%, placing in the 39.0% IV rank vs the trailing year. The 30-day expected move averaged 28.4%. IV traded above realized volatility by 20.0% (HV 20d: 79.3%). Max pain ranged from $4500.00 to $7500.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.69.

Notable Days

  • 2018-12-27: Highest Volume — 52 contracts
  • 2018-12-27: Largest IV spike — 45.1% change
  • 2018-12-27: Highest IV Rank — 90.2%
  • 2018-12-27: Largest Expected Move — 45.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3902.70$2730.00$4980.00$4980.00$3408.00
Max Pain$6900.00$4500.00$7500.00$4500.00$6000.00
ATM IV99.4%76.7%158.1%82.8%137.8%
Expected Move28.4%22.0%45.3%23.7%39.5%
HV 20d79.3%48.1%199.0%75.0%198.8%
HV 60d82.7%71.9%132.0%74.6%132.0%
IV Rank39.0%19.3%90.2%24.6%72.4%
IV Percentile79.0%47.6%99.6%67.1%96.4%
Term Structure4.2%-19.5%40.7%-1.3%-7.6%
VWIV104.5%81.2%156.5%87.6%142.7%
Skew 25d-3.4%-20.2%16.5%-9.0%-11.2%
Skew 10d-9.0%-44.7%24.5%-25.5%-36.6%
Call IV 25d108.7%89.5%162.5%89.5%146.6%
Put IV 25d105.3%80.5%167.9%80.5%135.4%
Bid-Ask Spread %41.996.6175.3349.436.61
Gamma HHI0.110.110.130.120.12
Net GEX48.3K20.3K100.2K100.2K40.4K
Net DEX-244.4K-4.4M1.8M-2.3M383.0K
Net VEX-83.7K-111.5K-55.6K-111.5K-72.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.092.250.090.52
Total Volume6.405229
Total OI172.6168193168193

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-12-03$4980.00$4500.0082.8%23.7%75.0%24.6%87.6%-9.0%-1.3%100.2K-2.3M-111.5K0.0949.43N/AN/A2013929
2018-12-04$4692.00$4500.0076.7%22.0%77.4%19.3%84.3%-18.7%10.4%83.4K-1.4M-103.7K0.1375.33N/AN/A2014029
2018-12-05$4680.00$4500.0086.3%24.7%61.4%27.6%90.2%-20.2%0.5%83.8K-1.3M-102.7K0.1373.89N/AN/A2014029
2018-12-06$4566.00$7500.0081.8%24.7%57.0%23.7%89.7%-4.7%9.5%68.1K-782.5K-98.7K0.5148.70N/AN/A0014029
2018-12-07$4440.00$7500.0082.9%23.8%55.1%24.7%102.6%-8.0%14.5%61.8K-1.0M-101.5K0.1747.59N/AN/A2014129
2018-12-10$4254.00$7500.0094.2%25.1%56.1%34.5%101.0%-1.2%5.4%50.2K-565.3K-93.3K0.4651.13N/AN/A0014130
2018-12-11$4176.00$7500.0095.3%26.1%53.2%35.5%93.2%0.9%4.4%43.1K409.1K-86.3K0.5037.61N/AN/A2114129
2018-12-12$4290.00$7500.0084.4%24.2%54.9%26.0%88.5%0.5%7.5%46.6K-139.2K-89.2K0.4839.87N/AN/A2114230
2018-12-13$4110.00$7500.0083.8%24.0%56.2%25.5%90.0%0.4%6.7%36.4K291.5K-81.8K0.5632.20N/AN/A1114229
2018-12-14$4032.00$7500.0084.9%24.3%53.7%26.4%81.2%0.1%8.6%40.2K-395.9K-89.5K0.5342.90N/AN/A1114229
2018-12-17$3876.00$7500.0095.1%27.3%54.4%35.3%101.0%-12.4%3.1%40.4K43.0K-81.7K1.3448.79N/AN/A1114329
2018-12-18$3726.00$7500.0080.6%23.1%48.1%22.7%97.4%1.9%40.7%37.6K-50.0K-81.3K1.2147.89N/AN/A1114329
2018-12-19$3348.00$7500.00101.1%29.0%58.5%40.5%110.4%3.1%-10.9%27.5K956.8K-69.8K0.6453.92N/AN/A1114329
2018-12-20$3216.00$7500.0098.7%28.3%56.3%38.4%106.0%-14.3%6.6%22.6K1.6M-60.1K0.6937.49N/AN/A4314428
2018-12-21$2892.00$7500.00100.8%28.9%63.7%40.3%102.2%1.2%10.9%20.3K1.8M-55.6K1.2944.95N/AN/A3414528
2018-12-24$2832.00$7500.00108.8%31.2%62.0%47.2%110.2%16.5%3.2%22.9K631.7K-59.0K2.2542.41N/AN/A2514127
2018-12-26$2730.00$7500.00109.0%31.2%61.9%47.4%108.3%10.5%4.6%20.9K1.0M-56.0K0.8738.05N/AN/A2214227
2018-12-27$4338.00$7500.00158.1%45.3%183.4%90.2%156.5%5.4%-19.5%82.8K-4.4M-102.8K0.5912.66N/AN/A331914328
2018-12-28$3468.00$6000.00144.2%41.3%199.0%78.0%146.2%-8.3%-12.9%37.2K280.9K-76.9K0.768.38N/AN/A10815337
2018-12-31$3408.00$6000.00137.8%39.5%198.8%72.4%142.7%-11.2%-7.6%40.4K383.0K-72.2K0.526.61N/AN/A6315637