WATT Options History — January 2022

In January 2022, WATT traded between $606.00 and $804.00. ATM implied volatility averaged 111.8%, placing in the 14.0% IV rank vs the trailing year. The 30-day expected move averaged 33.3%. IV traded above realized volatility by 53.2% (HV 20d: 58.6%). Max pain ranged from $900.00 to $1200.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.57.

Notable Days

  • 2022-01-26: Highest Volume — 7 contracts
  • 2022-01-21: Largest IV spike — 28.4% change
  • 2022-01-31: Highest IV Rank — 26.6%
  • 2022-01-31: Largest Expected Move — 41.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$701.40$606.00$804.00$804.00$702.00
Max Pain$1155.00$900.00$1200.00$1200.00$900.00
ATM IV111.8%82.0%143.1%115.3%143.1%
Expected Move33.3%25.0%41.0%33.0%41.0%
HV 20d58.6%50.2%67.3%65.6%67.3%
HV 60d63.0%57.4%69.3%67.8%62.5%
IV Rank14.0%2.1%26.6%15.4%26.6%
IV Percentile42.3%1.2%85.7%51.2%85.7%
Term Structure7.4%-26.5%85.2%9.8%9.4%
VWIV137.7%97.9%259.7%117.1%259.7%
Skew 25d-1.2%-113.9%74.0%41.2%-4.8%
Skew 10d18.5%-80.7%67.7%67.7%-17.9%
Call IV 25d124.4%72.3%233.9%106.4%233.9%
Put IV 25d123.3%74.6%229.2%147.5%229.2%
Bid-Ask Spread %29.2411.4944.0611.9941.76
Gamma HHI0.220.140.360.290.14
Net GEX5.7K2.3K8.9K8.6K3.8K
Net DEX-10.6K-544.1K266.1K-139.6K-544.1K
Net VEX-8.0K-9.2K-6.8K-9.2K-8.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.570.101.070.900.21
Total Volume2.61722
Total OI83.75451019750

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$804.00$1200.00115.3%33.0%65.6%15.4%117.1%41.2%9.8%8.6K-139.6K-9.2K0.9011.99N/AN/A117522
2022-01-04$804.00$1200.00118.7%34.0%65.6%16.8%119.2%-16.9%-15.7%8.9K14.5K-9.1K0.7111.49N/AN/A217522
2022-01-05$744.00$1200.0093.5%26.8%64.0%6.7%143.9%-97.9%-26.5%8.2K94.2K-8.8K0.7313.00N/AN/A227522
2022-01-06$726.00$1200.0085.7%36.8%62.1%3.5%144.2%-7.8%18.8%7.9K60.0K-8.8K0.9122.36N/AN/A117622
2022-01-07$750.00$1200.0082.0%32.7%61.6%2.1%114.0%10.3%-1.2%8.3K6.1K-9.1K0.7223.37N/AN/A117623
2022-01-10$732.00$1200.0098.0%36.6%59.4%8.5%109.9%29.6%4.6%7.7K136.7K-8.6K0.3433.03N/AN/A217723
2022-01-11$750.00$1200.00119.4%29.2%60.4%17.0%123.4%-55.9%3.8%8.1K266.1K-7.8K0.6025.67N/AN/A217723
2022-01-12$750.00$1200.0093.1%26.7%59.3%6.5%118.3%-9.7%8.6%4.5K133.4K-8.6K0.8930.43N/AN/A117723
2022-01-13$720.00$1200.00100.7%28.9%57.9%9.6%104.0%8.0%39.2%6.8K178.8K-8.2K1.0129.48N/AN/A117723
2022-01-14$708.00$1200.00104.9%30.1%55.8%11.2%127.9%-3.8%-7.4%5.7K224.7K-8.1K0.5923.72N/AN/A117723
2022-01-18$696.00$1200.0087.3%25.0%55.3%4.2%97.9%-22.2%15.2%4.2K252.6K-7.8K0.5029.23N/AN/A117723
2022-01-19$666.00$1200.00110.3%31.6%56.3%13.4%116.0%-37.0%-17.1%3.8K166.1K-7.6K1.0723.87N/AN/A117723
2022-01-20$666.00$1200.0092.4%26.5%56.3%6.2%125.6%41.0%85.2%4.1K182.4K-7.8K0.4231.42N/AN/A217823
2022-01-21$642.00$1200.00118.6%34.0%57.2%16.8%150.2%-18.4%23.1%3.7K161.5K-7.3K0.5834.66N/AN/A117823
2022-01-24$636.00$1200.00141.1%40.4%54.4%25.8%178.8%-113.9%-5.7%2.3K-402.8K-7.0K0.2643.89N/AN/A213312
2022-01-25$636.00$1200.00142.1%40.7%50.2%26.2%149.9%62.5%-8.4%3.6K-376.8K-7.3K0.2737.78N/AN/A203312
2022-01-26$648.00$1200.00138.9%39.8%51.0%24.9%183.5%74.0%-3.0%4.1K-114.9K-6.8K0.1039.32N/AN/A613412
2022-01-27$606.00$900.00114.5%32.8%55.2%15.1%121.9%38.9%18.9%4.0K-257.6K-7.1K0.2944.06N/AN/A213712
2022-01-28$642.00$900.00136.1%39.0%57.6%23.8%147.9%58.6%-3.6%5.0K-253.1K-7.4K0.3434.28N/AN/A103812
2022-01-31$702.00$900.00143.1%41.0%67.3%26.6%259.7%-4.8%9.4%3.8K-544.1K-8.4K0.2141.76N/AN/A203812