WATT Options History — February 2021

In February 2021, WATT traded between $2040.00 and $4308.00. ATM implied volatility averaged 190.1%, placing in the 35.3% IV rank vs the trailing year. The 30-day expected move averaged 54.0%. IV traded above realized volatility by 24.2% (HV 20d: 165.8%). Max pain ranged from $1500.00 to $3000.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.31.

Notable Days

  • 2021-02-19: Highest Volume — 142 contracts
  • 2021-02-19: Largest IV spike — 93.4% change
  • 2021-02-19: Highest IV Rank — 89.2%
  • 2021-02-19: Largest Expected Move — 93.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2633.05$2040.00$4308.00$2112.00$2580.00
Max Pain$2131.58$1500.00$3000.00$1500.00$3000.00
ATM IV190.1%154.1%325.9%198.5%154.1%
Expected Move54.0%44.2%93.4%56.9%44.2%
HV 20d165.8%97.8%277.7%140.9%277.7%
HV 60d151.9%131.4%196.9%134.3%196.9%
IV Rank35.3%17.4%89.2%42.5%17.4%
IV Percentile71.7%34.9%99.6%86.1%34.9%
Term Structure-5.4%-49.5%8.1%-1.9%-0.1%
VWIV195.7%168.4%306.9%202.5%173.9%
Skew 25d-44.5%-83.9%8.3%-70.2%-48.3%
Skew 10d-69.8%-178.2%-26.2%-124.1%-73.7%
Call IV 25d220.6%192.8%293.1%242.9%192.8%
Put IV 25d176.2%144.6%301.4%172.7%144.6%
Bid-Ask Spread %23.2112.3638.8417.3016.39
Gamma HHI0.200.150.310.150.22
Net GEX79.5K33.8K122.4K64.8K71.1K
Net DEX-13.7M-32.9M-9.1M-9.6M-9.9M
Net VEX-33.0K-49.3K-25.2K-26.1K-46.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.310.090.800.120.30
Total Volume20.1053142715
Total OI111.89598128101128

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-02-01$2112.00$1500.00198.5%56.9%140.9%42.5%202.5%-70.2%-1.9%64.8K-9.6M-26.1K0.1217.30N/AN/A617724
2021-02-02$2040.00$1500.00185.8%53.3%142.9%37.7%213.7%-83.9%7.8%62.7K-9.1M-26.8K0.0921.97N/AN/A717924
2021-02-03$2100.00$1500.00198.3%56.8%142.0%42.4%202.8%-83.3%-8.9%69.2K-9.8M-27.1K0.2529.13N/AN/A218124
2021-02-04$2250.00$1800.00172.9%50.5%141.6%32.9%184.0%-37.5%7.3%76.6K-11.1M-28.1K0.8027.93N/AN/A228125
2021-02-05$2292.00$1800.00196.0%51.5%120.6%41.5%188.3%-29.0%8.1%78.7K-11.5M-28.1K0.1033.51N/AN/A308126
2021-02-08$2586.00$1800.00199.6%52.5%122.3%42.9%191.5%-33.7%-2.1%92.5K-14.7M-27.8K0.2329.75N/AN/A2258226
2021-02-09$2706.00$1800.00185.5%52.1%99.0%37.6%183.2%-28.4%-5.2%99.6K-16.1M-29.1K0.3816.06N/AN/A628525
2021-02-10$2556.00$2100.00184.2%52.8%102.3%37.1%185.1%-36.9%-2.5%104.1K-14.3M-28.9K0.3232.06N/AN/A828526
2021-02-11$2526.00$2100.00176.7%50.7%102.7%26.8%186.1%-37.6%-5.2%98.7K-14.1M-29.2K0.2034.34N/AN/A418728
2021-02-12$2604.00$2100.00168.8%48.4%100.8%23.5%168.4%-30.1%6.9%106.5K-15.1M-28.2K0.6726.55N/AN/A428728
2021-02-16$2604.00$2100.00186.8%53.6%97.8%31.1%186.5%-29.3%-17.4%122.4K-14.7M-27.1K0.1638.84N/AN/A918728
2021-02-17$2424.00$2100.00184.4%52.9%103.1%30.0%185.4%-35.5%-8.8%119.3K-13.0M-26.9K0.2817.08N/AN/A729028
2021-02-18$2250.00$2100.00168.5%48.3%107.0%23.4%179.6%-38.9%-9.8%34.4K-10.7M-25.2K0.5319.87N/AN/A429029
2021-02-19$4308.00$2100.00325.9%93.4%251.1%89.2%306.9%8.3%-49.5%33.8K-32.9M-31.2K0.2017.43N/AN/A118248930
2021-02-22$3264.00$2700.00185.9%53.3%275.1%30.7%200.7%-72.4%1.3%65.9K-14.9M-43.6K0.4116.49N/AN/A35147127
2021-02-23$2886.00$2700.00178.1%51.1%275.2%27.4%185.6%-57.0%-6.9%65.6K-12.1M-47.6K0.4512.36N/AN/A1468231
2021-02-24$2994.00$3000.00163.9%47.0%274.8%21.5%175.0%-45.2%1.9%72.6K-13.1M-49.3K0.2813.94N/AN/A938432
2021-02-25$2946.00$2700.00197.7%56.7%273.9%35.6%219.0%-56.2%-18.4%71.1K-13.5M-49.0K0.1420.00N/AN/A3358732
2021-02-26$2580.00$3000.00154.1%44.2%277.7%17.4%173.9%-48.3%-0.1%71.1K-9.9M-46.8K0.3016.39N/AN/A1239632