WATT Options History — July 2020

In July 2020, WATT traded between $1722.00 and $2388.00. ATM implied volatility averaged 178.0%, placing in the 40.8% IV rank vs the trailing year. The 30-day expected move averaged 52.5%. IV traded above realized volatility by 32.3% (HV 20d: 145.7%). Max pain ranged from $1500.00 to $1500.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.39.

Notable Days

  • 2020-07-08: Highest Volume — 12 contracts
  • 2020-07-20: Largest IV drop — 17.9% change
  • 2020-07-08: Highest IV Rank — 46.7%
  • 2020-07-09: Largest Expected Move — 59.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1941.27$1722.00$2388.00$1794.00$1848.00
Max Pain$1500.00$1500.00$1500.00$1500.00$1500.00
ATM IV178.0%155.4%195.4%181.3%173.9%
Expected Move52.5%44.6%59.7%52.0%49.9%
HV 20d145.7%116.5%219.5%217.1%119.4%
HV 60d201.7%146.5%267.2%262.5%146.5%
IV Rank40.8%33.1%46.7%41.9%39.4%
IV Percentile77.9%63.9%88.5%81.3%71.8%
Term Structure-4.0%-27.7%37.4%21.3%-1.3%
VWIV184.0%165.5%199.6%177.7%174.3%
Skew 25d-5.2%-32.4%23.7%-0.9%-12.2%
Skew 10d-17.2%-48.2%3.7%-38.3%-17.0%
Call IV 25d189.9%170.7%211.9%189.8%195.9%
Put IV 25d184.6%162.4%204.8%188.9%183.8%
Bid-Ask Spread %34.5623.1653.8253.8237.12
Gamma HHI0.200.160.230.220.19
Net GEX33.0K23.6K50.9K29.2K26.5K
Net DEX-3.7M-6.6M-2.2M-3.6M-2.7M
Net VEX-20.9K-25.5K-17.8K-20.4K-19.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.390.041.030.310.07
Total Volume2.40901211
Total OI70.18262796867

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$1794.00$1500.00181.3%52.0%217.1%41.9%177.7%-0.9%21.3%29.2K-3.6M-20.4K0.3153.82N/AN/A105711
2020-07-02$1722.00$1500.00163.3%46.8%218.3%35.8%172.0%-12.2%5.4%29.2K-3.2M-19.1K0.0447.05N/AN/A105712
2020-07-06$1758.00$1500.00170.3%51.6%213.7%38.2%188.5%8.2%37.4%29.9K-3.3M-19.2K0.6553.26N/AN/A115812
2020-07-07$2052.00$1500.00185.8%56.2%219.5%43.5%188.2%2.1%0.5%37.8K-4.8M-22.9K0.1546.57N/AN/A615812
2020-07-08$2388.00$1500.00195.4%59.0%184.2%46.7%194.2%-4.8%-15.2%50.9K-6.6M-25.5K0.1130.94N/AN/A1116012
2020-07-09$2004.00$1500.00176.9%59.7%155.2%40.4%196.7%-20.8%-19.8%43.8K-4.8M-22.8K0.6136.46N/AN/A426212
2020-07-10$2100.00$1500.00194.3%55.4%136.4%46.3%196.2%2.0%21.9%47.0K-5.2M-24.2K0.4840.04N/AN/A116414
2020-07-13$1914.00$1500.00177.4%55.6%142.5%40.6%194.9%-13.9%-18.3%41.8K-4.3M-21.8K0.2128.72N/AN/A206414
2020-07-14$1938.00$1500.00167.4%59.2%142.4%37.2%199.6%1.2%-5.1%26.3K-4.1M-21.0K0.9933.08N/AN/A116415
2020-07-15$1902.00$1500.00191.6%54.9%142.6%45.4%196.8%23.7%9.7%38.7K-4.0M-21.3K0.7634.62N/AN/A116415
2020-07-16$2004.00$1500.00192.8%55.3%123.3%45.8%185.5%-2.7%-12.8%46.1K-4.2M-22.4K0.1424.21N/AN/A106316
2020-07-17$1998.00$1500.00192.5%55.2%121.0%45.8%177.3%-14.0%-22.8%29.0K-3.8M-21.4K0.3225.63N/AN/A106316
2020-07-20$1980.00$1500.00158.1%45.3%117.9%34.0%170.8%2.9%-1.4%29.6K-3.3M-21.3K0.5225.81N/AN/A115111
2020-07-21$2100.00$1500.00165.4%47.4%116.7%36.5%169.9%4.6%-10.1%33.3K-3.6M-22.0K0.4223.16N/AN/A115212
2020-07-22$2040.00$1500.00169.5%48.6%116.8%37.9%185.3%-14.5%3.4%31.9K-3.5M-21.1K0.1833.40N/AN/A305212
2020-07-23$1998.00$1500.00155.4%44.6%116.5%33.1%165.5%-16.5%2.7%30.0K-3.2M-20.8K0.6332.17N/AN/A115113
2020-07-24$1854.00$1500.00181.0%51.9%120.0%41.8%175.8%-15.8%-27.5%26.0K-2.7M-19.7K1.0327.70N/AN/A005213
2020-07-27$1788.00$1500.00195.3%56.0%120.8%46.7%183.5%-15.6%-27.7%24.4K-2.3M-18.2K0.4826.98N/AN/A105213
2020-07-28$1782.00$1500.00182.3%52.3%120.2%42.3%194.0%-32.4%-23.4%23.6K-2.2M-17.8K0.1435.18N/AN/A105214
2020-07-29$1830.00$1500.00171.2%49.1%120.4%38.5%180.9%16.5%-7.7%24.6K-2.4M-18.2K0.1231.18N/AN/A105214
2020-07-30$1914.00$1500.00175.1%50.2%119.7%39.8%180.0%-0.4%3.0%26.9K-2.6M-18.3K0.1433.18N/AN/A105214
2020-07-31$1848.00$1500.00173.9%49.9%119.4%39.4%174.3%-12.2%-1.3%26.5K-2.7M-19.3K0.0737.12N/AN/A105314