WATT Options History — August 2021

In August 2021, WATT traded between $1314.00 and $1626.00. ATM implied volatility averaged 101.4%, placing in the 9.8% IV rank vs the trailing year. The 30-day expected move averaged 29.5%. IV traded above realized volatility by 38.3% (HV 20d: 63.1%). Max pain ranged from $1500.00 to $1500.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.35.

Notable Days

  • 2021-08-23: Highest Volume — 5 contracts
  • 2021-08-11: Largest IV spike — 28.5% change
  • 2021-08-04: Highest IV Rank — 16.4%
  • 2021-08-04: Largest Expected Move — 33.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1463.73$1314.00$1626.00$1536.00$1470.00
Max Pain$1500.00$1500.00$1500.00$1500.00$1500.00
ATM IV101.4%80.5%117.9%111.5%93.5%
Expected Move29.5%26.7%33.8%32.0%26.8%
HV 20d63.1%60.1%67.0%65.9%60.1%
HV 60d67.2%64.8%72.2%72.2%64.8%
IV Rank9.8%1.4%16.4%13.9%6.6%
IV Percentile13.5%0.4%29.4%22.6%6.0%
Term Structure3.2%-5.0%11.1%-4.8%8.2%
VWIV105.3%92.2%122.3%111.0%92.2%
Skew 25d-5.0%-21.5%43.4%32.3%43.4%
Skew 10d5.3%-54.9%57.0%57.0%49.1%
Call IV 25d107.8%69.5%122.0%90.2%69.5%
Put IV 25d102.8%84.8%122.5%122.5%113.0%
Bid-Ask Spread %20.5011.1654.3914.2311.35
Gamma HHI0.200.120.300.200.18
Net GEX30.0K11.9K53.0K38.6K22.8K
Net DEX-1.5M-3.1M-737-2.2M-1.4M
Net VEX-22.7K-28.0K-18.4K-25.4K-21.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.350.020.850.130.02
Total Volume1.8180523
Total OI101.5916811611278

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$1536.00$1500.00111.5%32.0%65.9%13.9%111.0%32.3%-4.8%38.6K-2.2M-25.4K0.1314.23N/AN/A208527
2021-08-03$1500.00$1500.00104.7%30.0%66.2%11.2%118.2%-1.3%10.4%43.3K-2.1M-25.5K0.0511.16N/AN/A208728
2021-08-04$1542.00$1500.00117.9%33.8%63.1%16.4%122.3%-18.5%-0.6%42.2K-2.3M-26.0K0.3016.36N/AN/A108628
2021-08-05$1626.00$1500.00111.8%31.8%64.2%14.0%109.0%0.8%-2.4%47.2K-3.1M-28.0K0.4021.38N/AN/A218628
2021-08-06$1506.00$1500.00101.6%31.9%67.0%9.9%112.3%-21.5%0.1%42.1K-2.3M-25.8K0.2424.09N/AN/A108627
2021-08-09$1590.00$1500.00100.7%30.6%66.8%9.5%113.5%7.4%-5.0%49.1K-2.6M-26.4K0.5214.99N/AN/A118728
2021-08-10$1596.00$1500.0080.5%28.9%62.8%1.4%100.8%-10.0%3.7%53.0K-2.7M-26.3K0.3344.65N/AN/A108728
2021-08-11$1566.00$1500.00103.4%29.7%61.9%10.6%105.9%-6.3%6.2%49.4K-2.4M-25.2K0.5620.49N/AN/A008728
2021-08-12$1560.00$1500.0097.6%28.0%61.0%8.3%104.6%-0.7%8.1%48.6K-2.2M-24.7K0.0427.73N/AN/A108728
2021-08-13$1464.00$1500.00102.7%29.4%62.3%10.4%98.5%-7.6%4.4%40.3K-1.6M-23.2K0.4754.39N/AN/A108728
2021-08-16$1386.00$1500.00102.4%29.3%64.8%10.2%102.9%-14.5%11.1%31.9K-1.1M-22.0K0.4220.66N/AN/A108828
2021-08-17$1362.00$1500.00106.7%30.6%63.1%12.0%106.9%-16.2%4.9%13.7K-150.2K-19.8K0.8515.15N/AN/A118728
2021-08-18$1356.00$1500.00105.3%30.2%62.2%11.4%106.3%0.0%-0.8%14.1K-217.6K-20.1K0.3518.37N/AN/A108728
2021-08-19$1314.00$1500.00100.8%28.9%62.4%9.6%104.2%-17.1%4.4%12.5K-737-18.9K0.6320.89N/AN/A118728
2021-08-20$1326.00$1500.00106.5%30.5%61.9%11.9%112.0%-12.3%-0.8%11.9K-324.3K-18.4K0.5017.20N/AN/A118828
2021-08-23$1368.00$1500.0093.3%26.7%62.1%6.6%94.3%-17.7%5.9%12.9K-751.1K-18.5K0.3219.36N/AN/A414820
2021-08-24$1434.00$1500.0093.0%26.7%64.3%6.5%94.0%-8.1%4.8%14.7K-944.1K-19.9K0.2213.19N/AN/A414820
2021-08-25$1404.00$1500.0098.8%28.3%64.9%8.8%102.7%-18.9%4.9%16.5K-1.0M-20.3K0.8119.03N/AN/A115121
2021-08-26$1386.00$1500.00101.9%29.2%60.7%10.0%104.6%-18.1%5.3%17.6K-1.0M-20.5K0.1119.23N/AN/A105422
2021-08-27$1452.00$1500.0094.3%27.0%60.5%7.0%95.6%-3.0%4.1%18.6K-1.1M-20.9K0.1112.70N/AN/A105422
2021-08-30$1458.00$1500.00101.7%29.2%60.5%10.0%104.0%-2.6%-1.8%20.2K-1.2M-21.0K0.4214.41N/AN/A105522
2021-08-31$1470.00$1500.0093.5%26.8%60.1%6.6%92.2%43.4%8.2%22.8K-1.4M-21.5K0.0211.35N/AN/A305622