WATT Options History — May 2019

In May 2019, WATT traded between $2454.00 and $3150.00. ATM implied volatility averaged 94.8%, placing in the 38.6% IV rank vs the trailing year. The 30-day expected move averaged 26.5%. IV traded above realized volatility by 45.4% (HV 20d: 49.4%). Max pain ranged from $3000.00 to $4500.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.65.

Notable Days

  • 2019-05-01: Highest Volume — 6 contracts
  • 2019-05-06: Largest IV spike — 17.4% change
  • 2019-05-06: Highest IV Rank — 52.8%
  • 2019-05-28: Largest Expected Move — 29.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2890.09$2454.00$3150.00$2946.00$2454.00
Max Pain$3204.55$3000.00$4500.00$4500.00$3000.00
ATM IV94.8%85.5%109.2%92.1%102.3%
Expected Move26.5%24.5%29.8%26.4%29.3%
HV 20d49.4%42.2%66.8%44.4%66.8%
HV 60d83.2%47.8%98.4%97.9%52.9%
IV Rank38.6%28.8%52.8%36.2%45.2%
IV Percentile59.8%46.8%78.6%58.3%69.8%
Term Structure-1.8%-16.0%8.7%0.5%-6.7%
VWIV92.2%79.1%104.0%92.1%101.9%
Skew 25d-7.8%-30.8%36.6%18.8%-30.1%
Skew 10d-7.7%-51.1%52.4%30.8%-50.9%
Call IV 25d93.3%76.6%104.3%81.6%101.9%
Put IV 25d85.4%69.5%124.1%100.4%71.8%
Bid-Ask Spread %32.649.1668.969.1636.26
Gamma HHI0.160.130.180.130.18
Net GEX39.3K21.7K54.0K40.6K21.7K
Net DEX-1.0M-2.2M122.3K-958.3K122.3K
Net VEX-53.9K-61.7K-39.8K-59.2K-39.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.111.770.201.77
Total Volume2.0910662
Total OI130.227116141134120

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$2946.00$4500.0092.1%26.4%44.4%36.2%92.1%18.8%0.5%40.6K-958.3K-59.2K0.209.16N/AN/A5111123
2019-05-02$3018.00$4500.0092.2%26.4%46.2%36.3%92.2%23.6%0.9%40.6K-1.2M-60.1K0.2829.52N/AN/A3111323
2019-05-03$3114.00$4500.0093.0%26.7%48.5%37.1%93.2%27.3%-2.2%42.2K-1.3M-59.7K0.2610.73N/AN/A3111323
2019-05-06$3096.00$3000.00109.2%26.1%48.4%52.8%94.1%32.5%-3.2%44.2K-1.4M-59.3K1.2044.96N/AN/A0011523
2019-05-07$3024.00$3000.00101.8%27.2%47.5%45.6%79.1%36.6%1.4%42.6K-922.0K-56.4K0.2968.96N/AN/A1011523
2019-05-08$3150.00$3000.0089.5%26.4%50.2%33.7%92.2%-6.3%-8.7%54.0K-2.2M-61.7K0.1158.89N/AN/A1011523
2019-05-09$3054.00$3000.0099.9%27.2%50.9%43.8%94.8%-13.7%-16.0%45.6K-1.1M-56.8K0.3729.16N/AN/A1011623
2019-05-10$3096.00$3000.0094.4%25.7%51.4%38.5%90.4%-17.9%-5.1%42.9K-1.4M-58.1K1.1055.12N/AN/A0011623
2019-05-13$3024.00$3000.00101.0%26.5%51.0%44.8%92.3%-11.6%-2.0%41.1K-1.3M-57.3K0.9950.73N/AN/A1111623
2019-05-14$3120.00$3000.0095.9%25.2%42.9%39.9%90.2%-18.4%5.3%43.7K-1.0M-55.6K0.4746.40N/AN/A3211524
2019-05-15$3102.00$3000.0087.4%25.1%42.2%31.7%87.6%5.3%-2.7%43.3K-1.5M-59.5K0.2566.51N/AN/A1011724
2019-05-16$2982.00$3000.0088.1%25.3%43.3%32.4%86.7%-10.7%0.5%37.0K-1.1M-57.8K0.3968.69N/AN/A1011724
2019-05-17$2784.00$3000.0093.4%26.8%49.2%37.5%95.2%-16.4%0.5%40.5K73.2K-52.8K1.4912.12N/AN/A1211724
2019-05-20$2766.00$3000.0090.8%26.0%47.4%35.0%90.4%-19.7%4.1%37.6K-1.2M-51.2K0.2014.34N/AN/A209818
2019-05-21$2844.00$3000.0089.9%25.8%48.5%34.1%89.1%-22.1%1.9%41.2K-1.3M-52.6K0.6214.81N/AN/A119919
2019-05-22$2838.00$3000.0085.5%24.5%47.7%28.8%85.4%-23.8%8.7%40.5K-1.2M-51.8K0.8315.77N/AN/A119919
2019-05-23$2748.00$3000.0090.7%26.0%48.4%33.9%90.2%-24.0%2.4%37.8K-1.1M-50.9K0.5415.26N/AN/A119919
2019-05-24$2742.00$3000.0092.3%26.5%45.3%35.4%92.6%-20.1%-2.0%38.8K-1.1M-51.1K1.0214.47N/AN/A119919
2019-05-28$2526.00$3000.00103.8%29.8%52.8%46.7%104.0%-30.8%-7.4%28.9K-515.6K-45.0K0.4815.88N/AN/A109920
2019-05-29$2472.00$3000.0099.0%28.4%52.8%42.0%100.6%-26.9%-8.8%24.8K-68.2K-41.4K0.5618.10N/AN/A119920
2019-05-30$2682.00$3000.0094.0%26.9%61.0%37.0%94.2%-24.0%-0.1%33.9K-685.8K-47.2K0.8922.21N/AN/A1110020
2019-05-31$2454.00$3000.00102.3%29.3%66.8%45.2%101.9%-30.1%-6.7%21.7K122.3K-39.8K1.7736.26N/AN/A1110020