WATT Options History — April 2021

In April 2021, WATT traded between $1818.00 and $2472.00. ATM implied volatility averaged 109.0%, placing in the 5.8% IV rank vs the trailing year. The 30-day expected move averaged 31.4%. IV traded above realized volatility by 23.5% (HV 20d: 85.6%). Max pain ranged from $1500.00 to $2400.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.36.

Notable Days

  • 2021-04-21: Highest Volume — 7 contracts
  • 2021-04-14: Largest IV drop — 12.5% change
  • 2021-04-13: Highest IV Rank — 12.8%
  • 2021-04-05: Largest Expected Move — 33.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2113.71$1818.00$2472.00$2472.00$1866.00
Max Pain$1814.29$1500.00$2400.00$2400.00$1800.00
ATM IV109.0%100.2%125.1%101.9%105.9%
Expected Move31.4%28.7%33.8%29.2%30.4%
HV 20d85.6%62.4%104.6%104.6%62.4%
HV 60d179.8%175.4%190.1%190.1%175.4%
IV Rank5.8%1.9%12.8%2.7%4.4%
IV Percentile3.9%0.4%10.3%0.4%3.6%
Term Structure-2.2%-13.1%7.5%6.9%-1.6%
VWIV114.8%102.8%131.0%105.1%127.2%
Skew 25d-12.1%-31.7%9.0%-21.6%-21.7%
Skew 10d-16.7%-47.9%17.9%-40.8%-47.9%
Call IV 25d121.6%100.5%139.4%116.0%126.6%
Put IV 25d109.4%94.4%119.2%94.4%104.9%
Bid-Ask Spread %15.149.7221.6713.4813.58
Gamma HHI0.160.110.240.230.14
Net GEX54.9K24.9K100.6K96.7K46.1K
Net DEX-5.0M-8.6M-2.8M-8.4M-3.6M
Net VEX-38.3K-46.5K-30.9K-46.5K-34.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.041.440.130.08
Total Volume3.4761731
Total OI116.71491135128108

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$2472.00$2400.00101.9%29.2%104.6%2.7%105.1%-21.6%6.9%96.7K-8.4M-46.5K0.1313.48N/AN/A3010028
2021-04-05$2472.00$1500.00109.1%33.8%104.6%5.8%121.7%-23.3%-4.2%100.6K-8.6M-46.5K0.1115.40N/AN/A4010128
2021-04-06$2442.00$1800.00111.8%31.9%104.6%7.0%131.0%-17.2%7.5%99.8K-8.0M-45.0K0.1417.70N/AN/A1010128
2021-04-07$2376.00$1800.00110.0%33.4%97.3%6.2%120.8%-11.8%-5.6%89.1K-7.1M-43.2K0.8113.23N/AN/A3210228
2021-04-08$2430.00$1800.00104.8%32.7%97.7%3.9%122.0%-19.4%1.8%87.2K-7.5M-44.5K0.2317.60N/AN/A2010229
2021-04-09$2370.00$1800.00107.9%32.8%94.5%5.3%117.2%-10.7%-6.8%86.6K-7.1M-43.8K0.3921.67N/AN/A2110230
2021-04-12$2250.00$1800.00121.1%32.2%95.7%11.0%111.3%-31.7%-5.8%59.9K-5.5M-39.9K1.3616.47N/AN/A1110230
2021-04-13$2256.00$1800.00125.1%32.6%95.4%12.8%112.3%-18.9%-2.8%44.5K-5.1M-38.5K1.4416.42N/AN/A2310231
2021-04-14$2196.00$1800.00109.5%31.4%89.7%6.0%121.3%-22.5%1.2%32.4K-4.4M-38.4K0.2217.40N/AN/A3110232
2021-04-15$1932.00$1800.00103.8%29.7%96.5%3.5%122.4%-24.8%6.3%31.5K-2.8M-34.7K0.4614.76N/AN/A4210232
2021-04-16$1986.00$1800.00109.0%31.3%95.6%5.8%111.7%-12.0%-3.8%31.3K-2.9M-34.7K0.8116.40N/AN/A3210233
2021-04-19$1866.00$1800.00110.5%31.7%96.9%6.4%113.3%-5.1%-1.5%25.8K-3.1M-32.0K0.1411.90N/AN/A306526
2021-04-20$1818.00$1800.00110.9%31.8%84.1%6.6%112.6%-1.1%-5.6%24.9K-2.8M-30.9K0.1416.56N/AN/A516626
2021-04-21$1914.00$1800.00104.8%30.0%73.2%3.9%104.6%7.4%0.6%31.8K-3.4M-33.1K0.0414.07N/AN/A706926
2021-04-22$1950.00$1800.00100.2%28.7%71.5%1.9%102.8%-1.9%-6.0%37.1K-3.7M-35.0K0.1913.49N/AN/A207226
2021-04-23$1980.00$1800.00101.0%29.0%67.7%2.3%103.3%-4.5%5.4%40.6K-3.9M-35.4K0.0911.15N/AN/A307326
2021-04-26$2010.00$1800.00107.5%30.8%68.1%5.1%109.0%8.2%-7.9%45.0K-4.5M-37.5K0.369.72N/AN/A217526
2021-04-27$1932.00$1800.00111.2%31.9%68.1%6.7%111.3%-26.4%-0.6%44.4K-4.0M-36.2K0.1413.23N/AN/A517727
2021-04-28$1950.00$1800.00115.7%33.2%66.2%8.7%116.4%9.0%-10.5%48.6K-4.1M-36.3K0.1217.13N/AN/A108127
2021-04-29$1920.00$1800.00108.2%31.0%62.7%5.4%114.0%-4.3%-13.1%48.8K-4.0M-36.5K0.2116.63N/AN/A108127
2021-04-30$1866.00$1800.00105.9%30.4%62.4%4.4%127.2%-21.7%-1.6%46.1K-3.6M-34.8K0.0813.58N/AN/A108127