WATT Options History — March 2022

In March 2022, WATT traded between $600.00 and $756.00. ATM implied volatility averaged 106.0%, placing in the 25.4% IV rank vs the trailing year. The 30-day expected move averaged 34.9%. IV traded above realized volatility by 39.6% (HV 20d: 66.5%). Max pain ranged from $600.00 to $900.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 16 of 23 days. Put/call ratio averaged 0.62.

Notable Days

  • 2022-03-21: Highest Volume — 4 contracts
  • 2022-03-02: Largest IV spike — 43.3% change
  • 2022-03-17: Highest IV Rank — 58.4%
  • 2022-03-09: Largest Expected Move — 40.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$692.09$600.00$756.00$672.00$726.00
Max Pain$782.61$600.00$900.00$600.00$900.00
ATM IV106.0%74.2%145.8%93.1%104.9%
Expected Move34.9%26.7%40.2%26.7%34.8%
HV 20d66.5%61.5%72.9%70.5%61.6%
HV 60d65.1%62.7%67.7%66.1%64.9%
IV Rank25.4%0.0%58.4%13.7%25.5%
IV Percentile40.8%0.0%94.4%9.1%39.3%
Term Structure9.0%-14.9%48.4%2.2%-3.7%
VWIV120.5%88.7%228.1%88.7%104.7%
Skew 25d2.8%-55.5%73.0%-0.1%-1.3%
Skew 10d38.5%-3.1%86.7%67.0%28.2%
Call IV 25d104.1%62.7%198.0%86.3%81.2%
Put IV 25d106.9%66.4%169.5%86.2%80.0%
Bid-Ask Spread %40.8714.1164.9840.4550.38
Gamma HHI0.230.170.310.230.23
Net GEX9.0K4.3K11.9K10.4K8.7K
Net DEX-608.2K-872.4K-342.2K-646.6K-593.8K
Net VEX-7.8K-8.6K-6.2K-8.2K-7.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.331.100.560.55
Total Volume1.6521421
Total OI51.73947555249

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-03-01$672.00$600.0093.1%26.7%70.5%13.7%88.7%-0.1%2.2%10.4K-646.6K-8.2K0.5640.45N/AN/A114210
2022-03-02$672.00$600.00133.5%38.3%69.3%48.0%139.5%8.8%-5.9%5.6K-806.5K-8.1K0.8823.67N/AN/A114310
2022-03-03$648.00$600.00102.6%29.4%68.9%21.8%92.1%38.5%6.9%10.2K-542.1K-7.6K1.1064.98N/AN/A114310
2022-03-04$630.00$600.00119.4%34.2%67.0%36.0%134.7%73.0%11.3%9.4K-531.9K-7.3K1.0163.29N/AN/A114310
2022-03-07$648.00$600.00119.8%34.4%65.8%36.4%112.1%11.6%5.2%10.1K-511.0K-7.2K0.6552.57N/AN/A114310
2022-03-08$678.00$600.00113.8%35.5%67.3%31.2%123.7%-6.4%0.1%11.6K-608.4K-7.6K0.8728.76N/AN/A114410
2022-03-09$690.00$600.0090.0%40.2%66.9%11.1%131.2%-33.9%18.9%11.9K-657.1K-7.9K0.5056.73N/AN/A114410
2022-03-10$684.00$600.00114.0%31.7%64.2%31.5%127.4%21.9%16.0%11.4K-579.5K-7.5K0.5547.46N/AN/A114410
2022-03-11$654.00$600.00115.4%35.5%65.8%32.6%228.1%-6.3%-1.5%10.9K-564.5K-7.4K0.4555.57N/AN/A104410
2022-03-14$600.00$900.00130.1%36.2%71.8%45.1%121.6%46.4%0.8%9.2K-342.2K-6.2K0.4514.11N/AN/A114410
2022-03-15$618.00$900.00106.7%35.6%72.9%25.2%116.7%14.2%13.6%10.1K-401.3K-6.5K0.4830.27N/AN/A114410
2022-03-16$660.00$900.00109.8%34.0%67.3%27.9%108.3%25.8%-3.9%4.3K-642.4K-7.1K0.6764.46N/AN/A104510
2022-03-17$678.00$900.00145.8%36.5%68.4%58.4%112.3%-52.3%-14.9%5.6K-666.0K-7.3K0.3539.10N/AN/A104410
2022-03-18$726.00$900.00143.9%39.3%68.1%56.8%130.9%35.1%-3.7%7.4K-872.4K-8.6K0.4445.86N/AN/A104410
2022-03-21$756.00$900.00114.5%35.2%68.6%31.9%121.2%6.5%10.7%8.1K-616.2K-8.4K0.3325.03N/AN/A313710
2022-03-22$750.00$900.0074.4%36.9%68.6%0.0%106.4%-32.4%48.4%8.9K-648.6K-8.4K0.3735.20N/AN/A103910
2022-03-23$744.00$900.0097.5%35.3%63.8%19.2%124.1%-50.8%-12.7%8.9K-642.2K-8.6K0.6836.03N/AN/A113910
2022-03-24$750.00$900.0080.3%35.9%62.9%4.9%104.8%-55.5%29.5%9.1K-588.3K-8.2K0.8951.01N/AN/A113910
2022-03-25$726.00$900.0074.2%35.2%61.8%0.0%118.0%0.5%35.2%8.9K-636.0K-8.1K0.5622.86N/AN/A103910
2022-03-28$720.00$900.0082.0%33.7%61.5%6.5%115.4%-3.9%8.3%8.4K-571.0K-8.1K0.6534.02N/AN/A103910
2022-03-29$750.00$900.0074.6%34.0%62.4%0.3%105.3%16.8%45.8%9.2K-605.9K-8.1K0.7122.42N/AN/A103910
2022-03-30$738.00$900.0098.5%33.8%62.9%20.2%104.9%7.7%0.3%8.7K-714.7K-8.4K0.5435.75N/AN/A103910
2022-03-31$726.00$900.00104.9%34.8%61.6%25.5%104.7%-1.3%-3.7%8.7K-593.8K-7.9K0.5550.38N/AN/A103910