WATT Options History — May 2020

In May 2020, WATT traded between $1098.00 and $1458.00. ATM implied volatility averaged 193.4%, placing in the 46.1% IV rank vs the trailing year. The 30-day expected move averaged 52.0%. IV traded below realized volatility by 81.0% (HV 20d: 274.4%). Max pain ranged from $1500.00 to $1500.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.52.

Notable Days

  • 2020-05-04: Highest Volume — 3 contracts
  • 2020-05-12: Largest IV drop — 28.4% change
  • 2020-05-05: Highest IV Rank — 64.4%
  • 2020-05-01: Largest Expected Move — 68.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1199.40$1098.00$1458.00$1302.00$1152.00
Max Pain$1500.00$1500.00$1500.00$1500.00$1500.00
ATM IV193.4%156.0%247.4%237.3%180.1%
Expected Move52.0%44.7%68.0%68.0%51.6%
HV 20d274.4%77.5%400.8%398.8%77.5%
HV 60d248.4%246.7%250.0%247.5%246.7%
IV Rank46.1%33.3%64.4%61.0%41.5%
IV Percentile90.7%80.6%98.4%98.0%88.1%
Term Structure-3.7%-35.9%15.1%-35.9%-8.1%
VWIV185.2%162.4%233.1%233.1%190.3%
Skew 25d10.0%0.1%22.1%4.9%1.1%
Skew 10d14.2%-24.1%88.2%0.1%24.7%
Call IV 25d154.8%147.7%164.1%158.7%162.0%
Put IV 25d164.8%148.6%177.7%163.6%163.1%
Bid-Ask Spread %16.038.7526.638.7524.17
Gamma HHI0.240.210.300.290.22
Net GEX12.1K8.4K23.6K18.3K9.7K
Net DEX-913.6K-2.2M-226.2K-1.6M-807.7K
Net VEX-12.8K-17.8K-10.8K-15.8K-11.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.520.003.240.180.04
Total Volume1.20301
Total OI6352726757

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-05-01$1302.00$1500.00237.3%68.0%398.8%61.0%233.1%4.9%-35.9%18.3K-1.6M-15.8K0.188.75N/AN/A005611
2020-05-04$1374.00$1500.00243.4%57.0%394.8%63.1%213.5%14.3%-5.7%19.9K-1.8M-16.2K0.1126.20N/AN/A305611
2020-05-05$1458.00$1500.00247.4%54.1%393.6%64.4%189.7%10.5%0.3%23.6K-2.2M-17.8K0.1823.61N/AN/A205811
2020-05-06$1314.00$1500.00227.2%51.5%397.6%57.6%193.3%5.1%-1.6%14.1K-911.8K-14.8K0.0919.31N/AN/A305911
2020-05-07$1206.00$1500.00178.2%49.1%400.4%40.9%171.6%3.2%8.7%12.5K-744.2K-13.5K0.4219.08N/AN/A215911
2020-05-08$1296.00$1500.00212.6%50.4%398.2%52.6%175.1%17.0%6.1%13.7K-861.4K-14.3K0.279.69N/AN/A106011
2020-05-11$1236.00$1500.00225.9%49.1%398.3%57.1%175.5%3.4%6.2%13.0K-884.1K-14.2K0.1811.04N/AN/A106011
2020-05-12$1164.00$1500.00161.8%48.8%399.8%35.3%172.8%2.9%9.4%11.9K-599.7K-12.5K0.0911.39N/AN/A106011
2020-05-13$1098.00$1500.00182.5%52.3%400.8%42.4%183.1%12.2%-2.2%8.4K-380.5K-11.0K3.2420.58N/AN/A126011
2020-05-14$1122.00$1500.00184.3%52.8%400.6%42.9%184.4%2.4%-8.9%8.7K-226.2K-11.2K2.4611.22N/AN/A016012
2020-05-15$1110.00$1500.00187.1%53.6%400.8%43.9%187.1%18.4%-7.1%8.7K-406.0K-11.1K1.5111.97N/AN/A006010
2020-05-18$1146.00$1500.00162.5%46.6%400.8%35.5%162.4%0.1%9.7%11.2K-950.1K-11.9K0.0313.16N/AN/A20457
2020-05-19$1182.00$1500.00179.4%51.4%136.3%41.3%179.8%12.3%-13.1%12.3K-1.2M-12.4K0.2011.19N/AN/A20467
2020-05-20$1122.00$1500.00172.5%49.5%90.5%38.9%172.5%22.1%-3.1%8.9K-785.9K-11.1K0.0311.10N/AN/A00477
2020-05-21$1116.00$1500.00156.0%44.7%80.9%33.3%0.0%3.0%15.1%9.3K-752.6K-11.2K1.0517.44N/AN/A00487
2020-05-22$1134.00$1500.00177.6%50.9%80.1%40.7%178.3%20.9%-0.8%9.1K-738.5K-10.8K0.0414.58N/AN/A10487
2020-05-26$1128.00$1500.00176.0%50.5%79.7%40.1%0.0%17.5%0.4%9.4K-807.3K-11.3K0.0226.63N/AN/A00487
2020-05-27$1164.00$1500.00186.0%53.3%80.3%43.5%186.5%19.3%-22.0%9.4K-851.0K-11.3K0.0014.49N/AN/A00487
2020-05-28$1164.00$1500.00190.3%54.6%77.9%45.0%190.3%9.9%-20.8%9.8K-799.8K-11.4K0.3214.95N/AN/A00487
2020-05-29$1152.00$1500.00180.1%51.6%77.5%41.5%0.0%1.1%-8.1%9.7K-807.7K-11.4K0.0424.17N/AN/A10498