WATT Options History — January 2019

In January 2019, WATT traded between $3984.00 and $4908.00. ATM implied volatility averaged 121.6%, placing in the 64.7% IV rank vs the trailing year. The 30-day expected move averaged 33.9%. IV traded below realized volatility by 68.8% (HV 20d: 190.4%). 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 3 of 21 days. Put/call ratio averaged 0.73.

Notable Days

  • 2019-01-02: Highest Volume — 22 contracts
  • 2019-01-04: Largest IV drop — 9.8% change
  • 2019-01-03: Highest IV Rank — 92.6%
  • 2019-01-02: Largest Expected Move — 39.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4377.14$3984.00$4908.00$4098.00$4416.00
Max Pain$4571.43$4500.00$6000.00$6000.00$4500.00
ATM IV121.6%109.1%150.5%137.5%115.2%
Expected Move33.9%31.3%39.4%39.4%32.7%
HV 20d190.4%74.7%215.7%211.2%74.7%
HV 60d137.9%134.3%139.7%137.5%134.3%
IV Rank64.7%52.7%92.6%80.0%58.6%
IV Percentile94.3%90.1%99.6%96.4%91.7%
Term Structure-2.4%-8.1%6.4%-4.0%-2.1%
VWIV120.1%106.9%138.3%138.3%117.4%
Skew 25d8.1%-10.0%22.6%15.6%15.0%
Skew 10d9.6%-22.1%54.1%13.5%19.1%
Call IV 25d123.1%110.3%144.6%144.6%123.9%
Put IV 25d131.3%108.5%160.2%160.2%139.0%
Bid-Ask Spread %36.189.7049.939.7043.10
Gamma HHI0.130.110.160.120.13
Net GEX87.3K52.3K143.1K71.0K95.1K
Net DEX-3.4M-7.8M1.5M-2.7M-4.5M
Net VEX-94.1K-114.6K-85.4K-89.0K-92.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.730.381.430.820.93
Total Volume5.667022222
Total OI177.048116214195130

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$4098.00$6000.00137.5%39.4%211.2%80.0%138.3%15.6%-4.0%71.0K-2.7M-89.0K0.829.70N/AN/A121015837
2019-01-03$3984.00$4500.00150.5%36.3%210.5%92.6%137.8%14.0%-5.6%62.5K-1.6M-91.8K0.3845.57N/AN/A4216142
2019-01-04$4068.00$4500.00135.7%35.1%210.7%78.4%128.1%5.8%-1.0%67.0K-1.9M-90.2K0.7433.32N/AN/A4316243
2019-01-07$4266.00$4500.00137.0%34.6%211.5%79.6%123.6%13.6%-2.2%82.7K-2.9M-93.9K0.5942.26N/AN/A1116443
2019-01-08$4572.00$4500.00129.2%33.5%212.8%72.1%127.7%20.1%6.4%116.9K-4.7M-103.9K0.7146.57N/AN/A4316543
2019-01-09$4908.00$4500.00118.0%33.8%213.5%61.3%123.7%6.5%-2.3%143.1K-6.9M-114.6K0.6439.71N/AN/A7516544
2019-01-10$4872.00$4500.00120.6%34.6%213.4%63.8%122.7%-6.7%-3.3%87.6K-7.8M-103.7K0.7618.28N/AN/A2216645
2019-01-11$4686.00$4500.00111.7%32.0%213.9%55.2%115.2%-10.0%-1.0%136.9K-5.0M-105.3K1.3244.24N/AN/A1216745
2019-01-14$4392.00$4500.00122.6%35.1%214.6%65.7%125.1%2.7%-4.8%105.0K-2.6M-97.8K0.6225.43N/AN/A2116746
2019-01-15$4434.00$4500.00121.4%34.8%214.5%64.5%114.3%8.1%-8.1%108.4K-2.5M-97.1K1.1638.95N/AN/A2216846
2019-01-16$4128.00$4500.00117.2%33.6%215.7%60.5%106.9%6.1%-5.6%52.3K1.5M-85.4K0.5930.36N/AN/A4216846
2019-01-17$4128.00$4500.00114.5%32.8%215.1%57.9%111.4%0.9%-7.1%54.3K1.5M-85.9K0.7336.44N/AN/A2216846
2019-01-18$4338.00$4500.00109.9%31.5%211.4%53.5%117.5%3.1%-0.1%59.8K1.1M-88.8K0.6127.28N/AN/A4316846
2019-01-22$4086.00$4500.00117.6%33.7%212.2%60.9%116.4%2.3%-0.1%58.0K-4.0M-85.7K0.5826.34N/AN/A329026
2019-01-23$4248.00$4500.00115.6%33.1%207.7%59.0%118.0%14.7%2.9%67.9K-4.2M-86.7K0.5741.13N/AN/A649227
2019-01-24$4428.00$4500.00109.1%31.3%207.2%52.7%107.2%22.6%2.5%89.4K-4.8M-91.5K0.4935.22N/AN/A329629
2019-01-25$4536.00$4500.00114.4%32.8%206.1%57.8%115.5%12.8%-3.7%99.2K-5.6M-95.4K0.5339.64N/AN/A219729
2019-01-28$4308.00$4500.00117.3%33.6%126.8%60.6%118.3%6.8%-0.3%80.0K-4.3M-87.6K1.4345.82N/AN/A009729
2019-01-29$4596.00$4500.00118.7%34.0%97.3%61.9%118.6%10.3%-3.0%101.1K-5.8M-97.0K0.7449.93N/AN/A329829
2019-01-30$4428.00$4500.00120.1%34.4%98.4%63.3%118.4%6.3%-7.7%95.6K-4.6M-92.7K0.5040.50N/AN/A119931
2019-01-31$4416.00$4500.00115.2%32.7%74.7%58.6%117.4%15.0%-2.1%95.1K-4.5M-92.8K0.9343.10N/AN/A119931