WATT Options History — January 2020

In January 2020, WATT traded between $948.00 and $1242.00. ATM implied volatility averaged 133.9%, placing in the 65.1% IV rank vs the trailing year. The 30-day expected move averaged 39.0%. IV traded above realized volatility by 47.9% (HV 20d: 86.0%). Max pain ranged from $1500.00 to $3000.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.62.

Notable Days

  • 2020-01-02: Highest Volume — 6 contracts
  • 2020-01-30: Largest IV drop — 39.1% change
  • 2020-01-02: Highest IV Rank — 100.0%
  • 2020-01-02: Largest Expected Move — 47.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1072.29$948.00$1242.00$1218.00$954.00
Max Pain$1642.86$1500.00$3000.00$3000.00$1500.00
ATM IV133.9%92.3%181.6%164.6%92.3%
Expected Move39.0%26.5%47.2%47.2%26.5%
HV 20d86.0%73.2%97.3%73.2%81.6%
HV 60d72.4%66.7%77.7%67.5%77.5%
IV Rank65.1%27.6%100.0%100.0%27.6%
IV Percentile86.4%27.4%100.0%100.0%27.4%
Term Structure-4.5%-37.4%73.2%-37.4%73.2%
VWIV137.6%116.5%167.8%167.8%116.5%
Skew 25d-14.3%-22.7%-2.4%-13.5%-22.7%
Skew 10d-23.2%-42.7%35.6%-19.8%-42.7%
Call IV 25d137.4%126.3%150.0%137.3%150.0%
Put IV 25d123.1%118.8%132.1%123.8%127.3%
Bid-Ask Spread %15.276.7922.458.2714.31
Gamma HHI0.220.200.300.210.20
Net GEX6.8K4.9K12.2K7.7K6.1K
Net DEX65.2K-777.1K616.9K492.6K-544.1K
Net VEX-10.7K-13.0K-8.8K-11.5K-10.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.002.920.080.75
Total Volume0.9520660
Total OI90.2384312612047

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-01-02$1218.00$3000.00164.6%47.2%73.2%100.0%167.8%-13.5%-37.4%7.7K492.6K-11.5K0.088.27N/AN/A6010614
2020-01-03$1152.00$3000.00129.4%37.1%75.7%66.9%0.0%-13.9%-11.6%7.7K496.2K-10.8K0.0418.97N/AN/A1010814
2020-01-06$1074.00$1500.00114.1%41.0%79.4%52.4%143.3%-12.7%-12.6%5.5K575.3K-9.9K1.7021.82N/AN/A0110914
2020-01-07$1050.00$1500.00122.5%39.2%79.6%60.4%137.2%-15.0%-7.6%5.4K581.8K-9.8K0.2415.57N/AN/A0010915
2020-01-08$1038.00$1500.00118.2%39.7%78.5%56.3%138.5%-16.8%-22.4%5.3K591.3K-9.5K1.0716.30N/AN/A0010915
2020-01-09$990.00$1500.00126.2%42.5%78.9%63.8%0.0%-14.4%-25.2%4.9K616.9K-8.8K0.0016.07N/AN/A1010915
2020-01-10$996.00$1500.00154.9%42.8%79.1%90.8%0.0%-19.1%-23.7%5.4K532.4K-9.5K0.0614.95N/AN/A0011015
2020-01-13$996.00$1500.00147.2%44.5%78.1%83.6%0.0%-15.5%-35.5%5.6K538.2K-9.5K2.9217.74N/AN/A0011015
2020-01-14$1098.00$1500.00181.6%40.4%86.8%100.0%141.0%-3.6%-18.6%6.2K542.2K-10.6K0.0922.45N/AN/A0011115
2020-01-15$1044.00$1500.00146.3%41.9%84.8%71.4%0.0%-10.5%-23.3%6.2K525.7K-10.1K2.3320.76N/AN/A0011115
2020-01-16$1086.00$1500.00140.3%40.2%85.2%66.5%141.4%-14.1%-18.8%6.4K536.4K-10.7K2.8019.82N/AN/A0111115
2020-01-17$1194.00$1500.00135.5%38.8%91.8%62.6%136.0%-3.8%-14.0%9.5K348.6K-12.2K0.2716.51N/AN/A2011114
2020-01-21$1182.00$1500.00131.8%37.8%87.0%59.6%131.8%-4.5%3.7%10.7K-745.9K-12.5K0.2218.12N/AN/A20376
2020-01-22$1242.00$1500.00120.7%34.6%88.4%50.6%122.1%-16.8%14.9%12.2K-777.1K-13.0K0.0021.61N/AN/A10386
2020-01-23$1128.00$1500.00115.1%33.0%95.2%46.0%116.5%-19.1%18.5%7.2K-584.9K-11.9K0.0011.13N/AN/A20396
2020-01-24$1068.00$1500.00131.9%37.8%96.7%59.7%0.0%-21.3%5.5%6.9K-491.8K-11.3K0.049.76N/AN/A10396
2020-01-27$1032.00$1500.00147.6%42.3%97.3%72.5%0.0%-2.4%-6.1%6.5K-541.2K-11.4K0.168.62N/AN/A00396
2020-01-28$1026.00$1500.00130.8%37.5%95.4%58.8%0.0%-21.6%-3.9%6.3K-444.3K-10.7K0.0110.41N/AN/A00396
2020-01-29$1002.00$1500.00162.6%46.6%95.6%84.6%0.0%-19.0%-18.2%6.2K-441.4K-10.3K0.036.79N/AN/A10396
2020-01-30$948.00$1500.0098.9%28.4%97.3%33.0%0.0%-19.9%69.6%5.8K-437.7K-10.2K0.2810.78N/AN/A10406
2020-01-31$954.00$1500.0092.3%26.5%81.6%27.6%0.0%-22.7%73.2%6.1K-544.1K-10.6K0.7514.31N/AN/A00416