WATT Options History — April 2020

In April 2020, WATT traded between $372.00 and $1734.00. ATM implied volatility averaged 181.5%, placing in the 42.0% IV rank vs the trailing year. The 30-day expected move averaged 52.2%. IV traded below realized volatility by 45.7% (HV 20d: 227.2%). Max pain ranged from $1500.00 to $1500.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.18.

Notable Days

  • 2020-04-21: Highest Volume — 48 contracts
  • 2020-04-21: Largest IV spike — 117.5% change
  • 2020-04-21: Highest IV Rank — 78.9%
  • 2020-04-21: Largest Expected Move — 83.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$849.71$372.00$1734.00$420.00$1338.00
Max Pain$1500.00$1500.00$1500.00$1500.00$1500.00
ATM IV181.5%120.0%289.8%170.1%223.4%
Expected Move52.2%34.4%83.1%50.4%64.1%
HV 20d227.2%110.9%404.6%111.0%398.8%
HV 60d156.9%93.3%247.7%93.3%247.4%
IV Rank42.0%21.0%78.9%38.1%56.3%
IV Percentile88.0%69.0%99.6%93.7%96.8%
Term Structure-0.4%-57.5%52.8%39.0%-28.9%
VWIV246.0%224.0%299.5%299.5%228.0%
Skew 25d-36.3%-303.1%47.1%-303.1%15.0%
Skew 10d-15.3%-303.1%102.0%-303.1%5.6%
Call IV 25d188.9%149.6%306.3%306.3%149.6%
Put IV 25d152.6%3.2%207.1%3.2%164.6%
Bid-Ask Spread %34.018.7880.2240.3918.01
Gamma HHI0.350.191.000.210.28
Net GEX7.7K019.8K018.6K
Net DEX-804.0K-2.5M301.2K220.6K-1.7M
Net VEX-8.6K-18.2K00-16.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.180.001.540.160.06
Total Volume404801
Total OI50.28642674367

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-04-01$420.00$1500.00170.1%0.0%111.0%38.1%0.0%-303.1%0.0%0220.6K00.1640.39N/AN/A00385
2020-04-02$408.00$1500.00175.8%50.4%110.9%40.1%0.0%0.0%39.0%1.0K-38.1K-2.2K0.0080.22N/AN/A00385
2020-04-03$372.00$1500.00190.2%54.5%112.9%45.0%0.0%-86.2%20.2%0196.1K00.0066.40N/AN/A10385
2020-04-06$432.00$1500.00143.4%41.1%123.9%29.0%0.0%-81.6%40.1%0227.6K01.5437.38N/AN/A00385
2020-04-07$474.00$1500.00135.2%38.8%128.3%26.2%0.0%-81.6%22.3%2.0K-328.9K-4.5K0.0017.43N/AN/A00385
2020-04-08$480.00$1500.00135.7%38.9%128.6%26.4%0.0%-52.0%14.4%2.4K-194.3K-4.3K0.0026.49N/AN/A00385
2020-04-09$564.00$1500.00120.0%34.4%131.9%21.0%0.0%-76.8%52.8%0301.2K00.0449.60N/AN/A00385
2020-04-13$540.00$1500.00147.7%42.3%128.1%30.5%0.0%-62.7%20.9%2.0K-71.9K-3.5K0.0723.02N/AN/A00385
2020-04-14$576.00$1500.00130.1%37.3%125.3%24.5%0.0%-14.2%34.8%3.0K-232.8K-5.2K0.0131.18N/AN/A00385
2020-04-15$564.00$1500.00131.4%37.7%125.5%24.9%0.0%-28.0%33.8%3.1K-360.7K-5.7K0.0338.19N/AN/A00385
2020-04-16$564.00$1500.00133.6%38.3%116.6%25.7%0.0%47.1%-30.4%3.1K-399.4K-5.9K0.0078.07N/AN/A00385
2020-04-17$594.00$1500.00129.6%37.2%116.8%24.3%0.0%-5.5%-30.7%3.2K-303.5K-5.6K0.0026.77N/AN/A00385
2020-04-20$612.00$1500.00133.3%38.2%115.3%25.5%0.0%-84.9%-27.0%3.2K-221.6K-5.3K0.0463.93N/AN/A00375
2020-04-21$1734.00$1500.00289.8%83.1%383.6%78.9%299.5%28.3%-57.5%13.8K-2.5M-18.2K0.3212.13N/AN/A3612385
2020-04-22$1290.00$1500.00242.9%69.6%404.1%62.9%250.0%11.1%-18.2%13.9K-1.6M-16.5K0.4713.97N/AN/A1055111
2020-04-23$1428.00$1500.00266.5%76.4%404.6%71.0%265.2%3.6%-23.4%17.9K-2.1M-18.2K0.2313.96N/AN/A725310
2020-04-24$1356.00$1500.00229.2%65.7%404.4%58.2%232.1%7.2%-5.2%18.6K-1.9M-16.9K0.1129.61N/AN/A405610
2020-04-27$1374.00$1500.00234.8%67.3%401.8%60.2%236.9%8.7%-24.8%19.1K-2.0M-17.5K0.1312.03N/AN/A305510
2020-04-28$1404.00$1500.00228.1%65.4%399.1%57.9%232.4%13.7%-24.9%19.8K-2.1M-17.8K0.1726.63N/AN/A205611
2020-04-29$1320.00$1500.00221.6%63.5%400.6%55.7%224.0%15.5%-16.0%18.1K-1.7M-16.1K0.378.78N/AN/A105510
2020-04-30$1338.00$1500.00223.4%64.1%398.8%56.3%228.0%15.0%-28.9%18.6K-1.7M-16.4K0.0618.01N/AN/A105611