WATT Options History — March 2020

In March 2020, WATT traded between $444.00 and $852.00. ATM implied volatility averaged 178.5%, placing in the 59.5% IV rank vs the trailing year. The 30-day expected move averaged 51.9%. IV traded above realized volatility by 77.8% (HV 20d: 100.6%). Max pain ranged from $1500.00 to $1500.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.26.

Notable Days

  • 2020-03-03: Highest Volume — 1 contracts
  • 2020-03-03: Largest IV spike — 88.0% change
  • 2020-03-03: Highest IV Rank — 100.0%
  • 2020-03-18: Largest Expected Move — 100.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$604.91$444.00$852.00$816.00$444.00
Max Pain$1500.00$1500.00$1500.00$1500.00$1500.00
ATM IV178.5%113.5%351.7%113.5%161.3%
Expected Move51.9%32.5%100.8%32.5%51.1%
HV 20d100.6%79.7%113.9%84.1%110.8%
HV 60d89.9%79.1%98.3%79.1%93.6%
IV Rank59.5%23.8%100.0%39.9%35.1%
IV Percentile93.9%72.6%100.0%72.6%92.5%
Term Structure3.7%-144.0%102.7%-9.7%71.6%
Skew 25d-12.5%-102.9%45.8%-15.0%-102.9%
Skew 10d-18.0%-99.4%36.5%-20.3%-91.2%
Call IV 25d176.0%106.1%232.9%172.5%232.9%
Put IV 25d163.4%120.0%199.2%157.5%130.0%
Bid-Ask Spread %73.3934.81103.8363.7753.63
Gamma HHI0.400.191.000.190.32
Net GEX2.6K05.3K4.9K3.8K
Net DEX-125.8K-542.1K302.8K-535.4K-193.6K
Net VEX-4.3K-9.1K0-8.9K-2.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.260.003.060.020.00
Total Volume0.1820100
Total OI44.22743454443

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-03-02$816.00$1500.00113.5%32.5%84.1%39.9%0.0%-15.0%-9.7%4.9K-535.4K-8.9K0.0263.77N/AN/A00395
2020-03-03$852.00$1500.00213.3%61.1%83.6%100.0%0.0%-16.7%-144.0%5.3K-542.1K-9.1K0.0062.94N/AN/A10395
2020-03-04$810.00$1500.00172.6%49.5%81.1%73.7%0.0%45.8%-44.8%5.2K-463.4K-8.6K0.0658.52N/AN/A00395
2020-03-05$774.00$1500.00133.1%33.2%81.7%48.2%0.0%26.3%-51.0%4.6K-385.9K-7.7K0.0262.06N/AN/A10405
2020-03-06$750.00$1500.00143.1%62.0%79.7%54.7%0.0%36.8%-31.1%4.8K-510.3K-8.3K0.2686.03N/AN/A00405
2020-03-09$654.00$1500.00187.8%46.5%89.9%83.6%0.0%-32.4%20.7%2.8K-3.9K-4.4K0.04102.35N/AN/A10405
2020-03-10$684.00$1500.00187.8%39.9%92.1%83.6%0.0%28.1%72.1%3.8K-201.2K-6.3K0.4073.86N/AN/A00405
2020-03-11$660.00$1500.00174.3%50.0%88.2%74.9%0.0%0.3%31.9%3.3K-355.6K-6.5K0.1493.39N/AN/A00405
2020-03-12$564.00$1500.00193.9%55.6%99.5%87.5%0.0%-16.2%-48.5%2.9K-146.4K-4.9K0.0097.50N/AN/A10405
2020-03-13$618.00$1500.00180.8%51.8%108.3%79.0%0.0%0.0%12.6%2.5K-146.4K-4.5K1.1596.99N/AN/A00405
2020-03-16$558.00$1500.00158.3%45.4%110.2%64.6%0.0%-39.7%-24.1%0302.8K00.3080.86N/AN/A00405
2020-03-17$564.00$1500.00254.7%73.0%110.9%100.0%0.0%-66.1%-48.2%2.0K-7.4K-3.4K0.0080.15N/AN/A00405
2020-03-18$498.00$1500.00351.7%100.8%106.3%100.0%0.0%0.5%-101.5%0264.0K00.27100.85N/AN/A00405
2020-03-19$522.00$1500.00176.3%50.5%110.5%40.2%0.0%0.4%-11.5%0278.6K00.06103.83N/AN/A00405
2020-03-20$498.00$1500.00186.6%53.5%109.6%43.7%0.0%-11.9%50.8%2.3K-69.2K-3.8K3.0643.70N/AN/A00405
2020-03-23$498.00$1500.00160.2%45.9%105.9%34.7%0.0%0.1%80.8%0261.6K00.0070.90N/AN/A00385
2020-03-24$522.00$1500.00157.2%45.1%109.7%33.7%0.0%-35.4%102.7%2.6K-306.3K-5.3K0.0070.10N/AN/A00385
2020-03-25$558.00$1500.00151.5%43.4%113.8%31.8%0.0%22.2%82.0%2.6K-32.7K-3.6K0.0037.41N/AN/A00385
2020-03-26$528.00$1500.00162.5%46.6%111.9%35.5%0.0%-3.0%64.2%0277.4K00.0080.99N/AN/A00385
2020-03-27$486.00$1500.00178.3%51.1%112.6%40.9%0.0%-71.9%71.6%2.2K-110.2K-3.8K0.0059.97N/AN/A00385
2020-03-30$450.00$1500.00128.0%0.0%113.9%23.8%0.0%-102.9%0.0%2.1K-142.7K-3.8K0.0234.81N/AN/A00385
2020-03-31$444.00$1500.00161.3%0.0%110.8%35.1%0.0%0.0%0.0%3.8K-193.6K-2.7K0.0053.63N/AN/A00385