WATT Options History — May 2021

In May 2021, WATT traded between $1356.00 and $1812.00. ATM implied volatility averaged 102.6%, placing in the 4.2% IV rank vs the trailing year. The 30-day expected move averaged 28.3%. IV traded above realized volatility by 25.0% (HV 20d: 77.6%). Max pain ranged from $1200.00 to $1800.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.38.

Notable Days

  • 2021-05-14: Highest Volume — 5 contracts
  • 2021-05-12: Largest IV drop — 17.3% change
  • 2021-05-11: Highest IV Rank — 15.2%
  • 2021-05-03: Largest Expected Move — 33.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1586.10$1356.00$1812.00$1812.00$1644.00
Max Pain$1470.00$1200.00$1800.00$1800.00$1200.00
ATM IV102.6%87.9%130.7%117.4%91.3%
Expected Move28.3%25.2%33.7%33.7%26.2%
HV 20d77.6%62.4%86.7%62.4%86.4%
HV 60d134.5%85.7%176.1%174.9%85.7%
IV Rank4.2%0.0%15.2%9.4%1.4%
IV Percentile5.2%0.0%21.0%11.9%1.6%
Term Structure1.0%-18.9%13.8%-13.9%-2.0%
VWIV102.2%84.1%126.6%122.8%93.5%
Skew 25d-10.0%-33.3%28.7%-13.8%-16.3%
Skew 10d-5.7%-45.7%40.7%-42.4%-6.3%
Call IV 25d103.6%59.6%133.4%123.0%102.4%
Put IV 25d93.6%69.9%128.2%109.2%86.2%
Bid-Ask Spread %23.2310.1553.4010.1515.93
Gamma HHI0.160.130.290.140.14
Net GEX31.5K19.2K42.9K42.5K34.6K
Net DEX-1.7M-3.1M-334.9K-3.1M-2.4M
Net VEX-26.2K-32.8K-21.7K-32.8K-26.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.050.770.220.65
Total Volume2.151511
Total OI104.27611810980

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$1812.00$1800.00117.4%33.7%62.4%9.4%122.8%-13.8%-13.9%42.5K-3.1M-32.8K0.2210.15N/AN/A108227
2021-05-04$1782.00$1800.00116.9%33.5%62.4%9.2%120.7%7.1%-18.9%39.1K-2.8M-31.6K0.5214.85N/AN/A118227
2021-05-05$1650.00$1800.00109.2%31.3%66.0%5.8%126.6%-28.4%-12.0%34.3K-2.4M-30.6K0.2517.02N/AN/A108227
2021-05-06$1536.00$1800.00115.6%28.0%66.8%8.6%108.7%-19.0%10.7%27.4K-1.2M-25.4K0.5423.21N/AN/A118327
2021-05-07$1620.00$1800.00116.4%29.2%72.0%9.0%117.6%2.5%0.6%31.9K-1.8M-28.3K0.2028.95N/AN/A208328
2021-05-10$1512.00$1800.00122.2%28.6%73.3%11.5%96.3%-7.1%2.4%24.1K-1.3M-24.7K0.3324.50N/AN/A108327
2021-05-11$1572.00$1800.00130.7%30.3%75.9%15.2%114.6%-12.4%1.3%28.3K-1.5M-26.7K0.2236.90N/AN/A208327
2021-05-12$1440.00$1500.00108.1%31.0%79.8%5.4%108.6%-18.8%0.2%23.8K-862.2K-23.5K0.7722.65N/AN/A228427
2021-05-13$1356.00$1500.00100.2%28.7%70.8%2.0%97.2%-11.5%4.1%19.2K-334.9K-21.7K0.4053.40N/AN/A218528
2021-05-14$1512.00$1500.0097.0%27.8%82.6%0.6%97.0%-1.3%6.9%26.6K-1.1M-24.7K0.3740.81N/AN/A418628
2021-05-17$1524.00$1200.0092.4%26.5%80.9%0.0%94.0%-33.3%13.1%32.9K-1.2M-24.4K0.3129.16N/AN/A108829
2021-05-18$1614.00$1200.0092.7%26.6%84.1%0.1%101.5%-26.5%3.6%26.8K-1.5M-25.6K0.6118.52N/AN/A118829
2021-05-19$1542.00$1200.0094.5%27.1%82.3%0.9%100.0%-28.2%6.3%42.7K-1.2M-25.2K0.7526.79N/AN/A108829
2021-05-20$1572.00$1200.0089.7%25.7%82.3%0.0%94.5%-26.4%3.8%42.9K-1.4M-24.9K0.4326.49N/AN/A218929
2021-05-21$1620.00$1200.0096.0%27.5%83.1%2.7%99.6%5.5%1.7%28.4K-1.5M-25.5K0.6613.25N/AN/A328929
2021-05-24$1542.00$1500.0093.7%26.9%83.7%1.7%91.1%4.0%-4.8%26.2K-2.0M-24.7K0.1015.40N/AN/A205917
2021-05-25$1560.00$1200.0089.2%25.6%83.5%0.0%89.5%-0.2%2.5%28.6K-2.0M-24.5K0.0513.96N/AN/A206017
2021-05-26$1650.00$1200.0087.9%25.2%86.6%0.0%84.1%-4.4%13.8%34.5K-2.3M-25.8K0.0716.21N/AN/A206117
2021-05-27$1662.00$1200.0091.0%26.1%86.7%1.3%86.3%28.7%1.3%34.5K-2.5M-26.1K0.1416.40N/AN/A106218
2021-05-28$1644.00$1200.0091.3%26.2%86.4%1.4%93.5%-16.3%-2.0%34.6K-2.4M-26.5K0.6515.93N/AN/A106218