WATT Options History — March 2019

In March 2019, WATT traded between $3516.00 and $3912.00. ATM implied volatility averaged 101.6%, placing in the 45.4% IV rank vs the trailing year. The 30-day expected move averaged 30.4%. IV traded below realized volatility by 38.2% (HV 20d: 139.7%). 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 15 of 21 days. Put/call ratio averaged 0.45.

Notable Days

  • 2019-03-08: Highest Volume — 10 contracts
  • 2019-03-05: Largest IV drop — 29.7% change
  • 2019-03-04: Highest IV Rank — 87.6%
  • 2019-03-04: Largest Expected Move — 41.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3650.29$3516.00$3912.00$3912.00$3828.00
Max Pain$4571.43$4500.00$6000.00$6000.00$4500.00
ATM IV101.6%85.0%145.2%117.7%89.7%
Expected Move30.4%26.7%41.6%33.7%29.9%
HV 20d139.7%44.7%160.4%159.6%44.7%
HV 60d146.7%103.4%156.4%156.4%103.4%
IV Rank45.4%29.4%87.6%61.0%33.9%
IV Percentile74.6%61.5%99.2%89.7%63.1%
Term Structure3.2%-40.6%34.0%-13.2%1.5%
VWIV112.8%102.1%145.6%118.2%106.4%
Skew 25d-5.4%-24.6%7.8%-1.8%7.6%
Skew 10d-10.1%-32.5%36.6%-19.3%36.6%
Call IV 25d109.9%96.6%124.0%108.4%96.6%
Put IV 25d104.5%91.3%115.3%106.6%104.2%
Bid-Ask Spread %34.3911.3859.7517.6543.04
Gamma HHI0.130.120.150.150.13
Net GEX52.3K36.5K79.7K54.1K79.7K
Net DEX420.9K-3.5M2.5M-559.7K-3.5M
Net VEX-75.8K-94.0K-68.1K-85.6K-94.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.450.031.750.150.03
Total Volume3.42911094
Total OI144.571127163141137

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$3912.00$6000.00117.7%33.7%159.6%61.0%118.2%-1.8%-13.2%54.1K-559.7K-85.6K0.1517.65N/AN/A8110932
2019-03-04$3852.00$4500.00145.2%41.6%159.3%87.6%145.6%-5.5%-1.8%48.3K1.7M-71.2K0.1411.38N/AN/A4111434
2019-03-05$3672.00$4500.00102.2%29.3%159.7%46.0%125.6%-4.1%-8.1%51.8K993.9K-74.2K0.1318.75N/AN/A5111434
2019-03-06$3534.00$4500.00110.6%31.7%159.3%54.1%0.0%-8.6%-40.6%40.4K2.1M-68.1K0.4915.04N/AN/A2111634
2019-03-07$3564.00$4500.0095.5%27.4%159.3%39.5%127.1%-12.8%-9.7%48.3K567.3K-82.4K0.1527.39N/AN/A2011835
2019-03-08$3528.00$4500.0093.1%26.7%159.2%37.2%121.3%-2.6%3.5%36.5K1.3M-69.9K0.7027.39N/AN/A6411835
2019-03-11$3678.00$4500.0093.7%30.5%160.4%37.8%109.0%2.0%7.7%55.5K1.7M-83.6K1.7524.66N/AN/A1112239
2019-03-12$3714.00$4500.00102.3%29.8%160.0%46.1%105.9%-11.4%-6.0%43.8K2.4M-73.7K0.9640.74N/AN/A1112339
2019-03-13$3720.00$4500.00101.9%30.3%159.9%45.7%113.1%-8.8%4.8%47.4K2.3M-74.6K1.6636.81N/AN/A1212339
2019-03-14$3660.00$4500.00108.5%29.6%157.5%52.1%102.1%-9.1%3.6%50.8K2.2M-75.7K0.7832.07N/AN/A1112339
2019-03-15$3564.00$4500.0099.7%30.5%155.0%43.6%107.2%-7.2%7.8%47.2K2.5M-73.4K0.5932.41N/AN/A2112439
2019-03-18$3564.00$4500.00101.8%28.9%154.9%45.7%104.9%-4.8%1.2%46.0K-180.1K-72.0K0.0828.41N/AN/A409928
2019-03-19$3564.00$4500.0092.9%29.2%148.3%37.0%106.8%-8.9%8.5%52.4K-412.3K-75.7K0.1536.95N/AN/A1010228
2019-03-20$3516.00$4500.0096.6%29.1%142.2%40.6%109.2%-24.6%8.5%47.9K359.5K-69.4K0.0529.80N/AN/A2010328
2019-03-21$3732.00$4500.0085.0%29.0%145.7%29.4%109.0%6.1%34.0%58.3K-950.4K-75.7K0.1530.85N/AN/A5110428
2019-03-22$3630.00$4500.0089.2%30.0%144.6%33.4%105.6%-1.0%26.2%65.3K-1.2M-80.5K0.1139.93N/AN/A3010728
2019-03-25$3564.00$4500.00101.3%29.3%143.6%45.1%108.0%-1.5%1.7%52.7K-355.3K-71.9K0.3956.78N/AN/A1010728
2019-03-26$3612.00$4500.00105.9%30.4%135.8%49.6%111.9%-17.4%3.7%49.1K-428.3K-69.5K0.3554.63N/AN/A1010728
2019-03-27$3552.00$4500.0093.9%30.3%63.7%38.0%107.4%-5.9%23.0%55.9K-646.6K-73.2K0.4757.77N/AN/A1010728
2019-03-28$3696.00$4500.00106.3%31.5%61.6%50.0%110.7%7.8%10.7%67.5K-1.0M-76.4K0.1059.75N/AN/A2010729
2019-03-29$3828.00$4500.0089.7%29.9%44.7%33.9%106.4%7.6%1.5%79.7K-3.5M-94.0K0.0343.04N/AN/A4010829