WATT Options History — January 2021

In January 2021, WATT traded between $1146.00 and $2496.00. ATM implied volatility averaged 170.8%, placing in the 32.1% IV rank vs the trailing year. The 30-day expected move averaged 47.2%. IV traded below realized volatility by 0.5% (HV 20d: 171.3%). Max pain ranged from $1200.00 to $1500.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 16 of 19 days. Put/call ratio averaged 0.14.

Notable Days

  • 2021-01-11: Highest Volume — 42 contracts
  • 2021-01-27: Largest IV spike — 61.6% change
  • 2021-01-27: Highest IV Rank — 59.6%
  • 2021-01-27: Largest Expected Move — 70.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1821.79$1146.00$2496.00$1146.00$2028.00
Max Pain$1278.95$1200.00$1500.00$1200.00$1500.00
ATM IV170.8%127.6%244.1%173.7%210.6%
Expected Move47.2%36.6%70.0%49.9%60.4%
HV 20d171.3%136.3%192.0%152.2%146.8%
HV 60d126.0%108.5%134.1%108.5%134.1%
IV Rank32.1%15.9%59.6%33.2%47.0%
IV Percentile54.9%8.7%97.6%67.5%88.9%
Term Structure12.6%-20.3%27.1%-0.2%2.5%
VWIV169.8%132.4%250.6%177.8%224.3%
Skew 25d-40.0%-91.5%-8.3%-22.6%-87.3%
Skew 10d-48.3%-132.9%36.4%-47.1%-105.9%
Call IV 25d196.5%144.5%302.5%188.3%266.2%
Put IV 25d156.5%132.3%211.0%165.7%178.9%
Bid-Ask Spread %23.5714.1242.8633.9924.27
Gamma HHI0.230.150.510.220.15
Net GEX60.6K32.5K111.7K32.5K56.9K
Net DEX-7.9M-12.5M-2.1M-2.1M-8.9M
Net VEX-21.4K-27.6K-14.7K-14.9K-26.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.140.050.260.080.17
Total Volume14.73754255
Total OI1217915514099

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-01-04$1146.00$1200.00173.7%49.9%152.2%33.2%177.8%-22.6%-0.2%32.5K-2.1M-14.9K0.0833.99N/AN/A5010931
2021-01-05$1230.00$1200.00186.9%48.6%154.1%38.1%175.5%-36.6%14.7%37.3K-2.9M-15.9K0.1926.38N/AN/A10210831
2021-01-06$1206.00$1200.00139.5%44.4%154.1%20.3%165.6%-51.7%27.0%36.6K-2.2M-14.7K0.2323.74N/AN/A9211132
2021-01-07$1518.00$1200.00202.2%47.6%173.4%43.9%167.5%-16.2%21.1%61.6K-6.0M-19.0K0.1028.54N/AN/A31311333
2021-01-08$1440.00$1200.00163.6%45.9%174.8%29.4%166.0%-20.9%-5.1%68.8K-5.0M-18.9K0.1423.68N/AN/A9111633
2021-01-11$1800.00$1200.00229.9%49.4%189.3%54.3%168.9%-45.8%7.8%84.7K-9.6M-19.8K0.1117.62N/AN/A38411734
2021-01-12$1878.00$1200.00186.5%47.7%189.1%38.0%166.0%-39.3%5.6%37.5K-11.0M-19.9K0.1219.69N/AN/A18211935
2021-01-13$1890.00$1200.00158.1%45.3%189.1%27.3%163.7%-40.7%20.7%97.8K-10.5M-22.0K0.2018.94N/AN/A10212035
2021-01-14$1818.00$1200.00153.8%44.1%190.5%25.7%167.3%-41.9%26.4%111.7K-9.6M-21.1K0.1114.12N/AN/A8111936
2021-01-15$1728.00$1200.00145.2%41.6%191.9%22.5%143.4%-36.7%23.4%39.3K-7.7M-21.0K0.1524.68N/AN/A10211836
2021-01-19$1746.00$1200.00127.6%36.6%191.9%15.9%132.4%-21.4%26.2%46.9K-5.8M-20.2K0.1219.05N/AN/A816019
2021-01-20$1842.00$1200.00137.4%39.4%192.0%19.5%145.1%-11.7%15.3%52.9K-6.9M-22.3K0.0520.99N/AN/A1116419
2021-01-21$1890.00$1200.00137.1%39.3%191.3%19.4%132.4%-8.3%27.1%63.6K-7.4M-22.9K0.2621.01N/AN/A416819
2021-01-22$2016.00$1200.00138.6%39.7%191.3%20.0%139.8%-23.1%16.0%65.0K-8.7M-24.6K0.1823.20N/AN/A716920
2021-01-25$2358.00$1500.00170.5%48.9%166.8%32.0%170.6%-48.8%1.9%66.9K-11.7M-24.8K0.0919.64N/AN/A2936921
2021-01-26$2496.00$1500.00151.0%43.3%136.3%24.7%156.2%-35.7%20.1%74.2K-12.5M-26.1K0.1918.88N/AN/A817122
2021-01-27$2358.00$1500.00244.1%70.0%139.7%59.6%250.6%-91.5%-20.3%53.8K-11.4M-23.4K0.0842.86N/AN/A2527122
2021-01-28$2226.00$1500.00188.8%54.1%139.9%38.8%212.8%-79.4%9.2%63.4K-10.8M-27.6K0.1226.61N/AN/A517723
2021-01-29$2028.00$1500.00210.6%60.4%146.8%47.0%224.3%-87.3%2.5%56.9K-8.9M-26.7K0.1724.27N/AN/A417623