WATT Options History — August 2020

In August 2020, WATT traded between $1914.00 and $2442.00. ATM implied volatility averaged 160.0%, placing in the 34.7% IV rank vs the trailing year. The 30-day expected move averaged 45.4%. IV traded above realized volatility by 80.6% (HV 20d: 79.4%). Max pain ranged from $1500.00 to $2100.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.41.

Notable Days

  • 2020-08-19: Highest Volume — 10 contracts
  • 2020-08-26: Largest IV spike — 34.0% change
  • 2020-08-03: Highest IV Rank — 52.2%
  • 2020-08-03: Largest Expected Move — 60.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2101.43$1914.00$2442.00$1992.00$2202.00
Max Pain$1885.71$1500.00$2100.00$1500.00$2100.00
ATM IV160.0%136.2%211.6%211.6%152.7%
Expected Move45.4%39.0%60.7%60.7%43.8%
HV 20d79.4%58.6%122.0%122.0%92.4%
HV 60d146.4%143.6%151.7%145.9%149.3%
IV Rank34.7%26.6%52.2%52.2%32.2%
IV Percentile62.2%47.6%90.9%90.9%56.0%
Term Structure-5.1%-119.5%33.7%-37.1%33.7%
VWIV158.5%137.7%213.9%213.9%152.2%
Skew 25d-8.5%-47.5%12.7%-10.2%12.1%
Skew 10d0.4%-76.5%63.9%29.6%54.3%
Call IV 25d166.9%134.0%215.4%215.4%154.6%
Put IV 25d158.3%136.9%205.2%205.2%166.7%
Bid-Ask Spread %42.7222.1974.5522.9139.42
Gamma HHI0.170.130.260.200.14
Net GEX32.5K22.2K71.5K29.3K29.1K
Net DEX-3.5M-5.1M-2.8M-3.3M-3.6M
Net VEX-20.2K-22.7K-17.4K-20.1K-22.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.051.480.050.67
Total Volume2.8111021
Total OI70.33360806767

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-08-03$1992.00$1500.00211.6%60.7%122.0%52.2%213.9%-10.2%-37.1%29.3K-3.3M-20.1K0.0522.91N/AN/A205314
2020-08-04$1932.00$1500.00177.0%50.8%109.2%40.5%187.7%5.0%-13.2%30.3K-3.0M-18.9K0.1623.96N/AN/A105414
2020-08-05$1950.00$1500.00186.5%53.5%92.9%43.7%191.0%-5.6%-32.1%31.1K-3.3M-19.9K0.5330.26N/AN/A115414
2020-08-06$1938.00$1800.00161.5%41.9%69.4%35.2%155.6%0.9%16.6%31.9K-3.0M-18.8K0.2263.20N/AN/A315515
2020-08-07$1968.00$1800.00157.8%43.9%67.4%33.9%151.1%-2.7%11.1%32.7K-3.0M-18.5K1.4858.66N/AN/A115515
2020-08-10$1986.00$1800.00175.8%46.3%58.6%40.0%165.8%-22.7%9.7%34.3K-3.2M-18.7K0.9043.90N/AN/A115515
2020-08-11$1926.00$1800.00161.7%46.3%59.5%35.2%152.5%10.0%7.4%31.1K-2.9M-18.4K0.1653.33N/AN/A315516
2020-08-12$1914.00$1800.00141.9%40.7%59.2%28.5%149.7%-9.0%18.6%32.0K-3.0M-18.9K0.3451.47N/AN/A105816
2020-08-13$2028.00$1800.00148.8%42.7%59.9%30.8%158.1%-25.1%1.1%36.9K-3.5M-19.5K0.3634.04N/AN/A215817
2020-08-14$2004.00$1800.00157.7%45.2%60.0%33.9%146.9%-1.7%-2.7%34.9K-3.3M-19.2K0.1945.81N/AN/A105817
2020-08-17$2010.00$1800.00138.6%39.7%59.9%27.4%145.2%-10.1%13.4%28.6K-3.0M-17.4K0.4056.12N/AN/A105817
2020-08-18$2370.00$1800.00158.7%45.5%81.5%34.2%153.3%-8.7%6.6%53.6K-5.1M-21.4K0.1837.60N/AN/A815817
2020-08-19$2334.00$2100.00136.2%39.0%80.8%26.6%146.8%-20.1%11.3%71.5K-4.5M-21.5K0.2044.56N/AN/A825818
2020-08-20$2256.00$2100.00150.6%43.2%81.6%31.4%137.7%-4.3%0.9%25.3K-4.0M-21.6K0.5243.44N/AN/A216019
2020-08-21$2220.00$2100.00145.6%41.7%76.3%29.8%143.5%-7.2%-2.5%24.5K-4.0M-21.0K0.4341.34N/AN/A216119
2020-08-24$2100.00$2100.00145.0%41.6%78.1%29.5%139.4%12.7%-15.9%22.2K-2.8M-20.1K0.7233.80N/AN/A114614
2020-08-25$2160.00$2100.00145.9%41.8%78.3%29.9%146.5%-4.0%10.1%23.3K-3.2M-21.7K0.3133.95N/AN/A104715
2020-08-26$2442.00$2100.00195.5%56.0%87.9%46.8%172.6%-47.5%-119.5%26.6K-4.2M-22.6K0.1174.55N/AN/A404815
2020-08-27$2196.00$2100.00165.2%47.3%96.9%36.4%171.8%-32.6%-13.8%25.9K-3.5M-21.6K0.5422.19N/AN/A115015
2020-08-28$2202.00$2100.00146.0%41.9%95.6%29.9%147.5%-8.4%-11.3%27.9K-3.6M-22.7K0.2442.65N/AN/A105116
2020-08-31$2202.00$2100.00152.7%43.8%92.4%32.2%152.2%12.1%33.7%29.1K-3.6M-22.0K0.6739.42N/AN/A105116