WATT Options History — May 2023

In May 2023, WATT traded between $180.00 and $228.00. ATM implied volatility averaged 324.5%, placing in the 64.4% IV rank vs the trailing year. The 30-day expected move averaged 96.1%. IV traded above realized volatility by 263.3% (HV 20d: 61.2%). Max pain ranged from $1500.00 to $4500.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.09.

Notable Days

2023-05-30: Largest IV spike — 138.9% change
2023-05-04: Highest IV Rank — 100.0%
2023-05-31: Largest Expected Move — 142.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$203.73	$180.00	$228.00	$228.00	$180.00
Max Pain	$3500.00	$1500.00	$4500.00	$1500.00	$4500.00
ATM IV	324.5%	199.7%	498.1%	199.7%	498.1%
Expected Move	96.1%	67.9%	142.8%	79.2%	142.8%
HV 20d	61.2%	56.1%	66.5%	57.7%	61.4%
HV 60d	58.3%	54.9%	62.2%	55.0%	61.4%
IV Rank	64.4%	35.8%	100.0%	37.3%	100.0%
IV Percentile	85.7%	52.4%	100.0%	55.2%	100.0%
Term Structure	-77.0%	-120.2%	129.7%	-77.7%	-92.7%
Skew 25d	16.7%	-12.7%	58.6%	12.7%	27.5%
Skew 10d	0.2%	-21.6%	46.8%	-13.7%	-4.6%
Call IV 25d	90.9%	67.4%	107.3%	100.7%	86.0%
Put IV 25d	107.7%	80.3%	151.5%	113.4%	113.4%
Bid-Ask Spread %	14.49	3.48	56.69	7.63	5.37
Gamma HHI	0.28	0.15	0.46	0.15	0.19
Net GEX	346	268	455	396	379
Net DEX	-9.7K	-45.6K	29.3K	-34.6K	-31.9K
Net VEX	-624	-921	-470	-921	-611
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.09	0.00	1.69	0.00	1.69
Total Volume	0	0	0	0	0
Total OI	16.455	16	17	17	16

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call OI	Put OI
2023-05-01	$228.00	$1500.00	199.7%	0.0%	57.7%	37.3%	0.0%	12.7%	0.0%	396	-34.6K	-921	0.00	7.63	N/A	N/A	13	4
2023-05-02	$222.00	$1500.00	205.1%	0.0%	57.8%	38.6%	0.0%	21.8%	0.0%	268	25.7K	-563	0.00	35.81	N/A	N/A	13	4
2023-05-03	$222.00	$1500.00	273.5%	0.0%	57.8%	55.7%	0.0%	15.5%	0.0%	324	4.1K	-709	0.00	19.97	N/A	N/A	13	4
2023-05-04	$216.00	$0.00	476.4%	79.2%	57.4%	100.0%	0.0%	15.5%	-77.7%	347	-17.3K	-798	0.00	10.27	N/A	N/A	13	4
2023-05-05	$216.00	$0.00	401.3%	80.1%	56.1%	82.4%	0.0%	-11.1%	-79.5%	284	23.2K	-556	0.00	10.27	N/A	N/A	13	4
2023-05-08	$228.00	$0.00	290.3%	83.2%	61.6%	56.3%	0.0%	-10.9%	-83.1%	279	29.3K	-545	0.00	18.13	N/A	N/A	13	4
2023-05-09	$228.00	$0.00	267.4%	76.7%	61.7%	50.9%	0.0%	-12.7%	-85.3%	320	8.4K	-695	0.00	9.67	N/A	N/A	13	4
2023-05-10	$216.00	$0.00	297.1%	85.2%	62.6%	57.9%	0.0%	4.6%	-90.3%	371	-23.8K	-829	0.00	8.20	N/A	N/A	13	4
2023-05-11	$210.00	$0.00	236.7%	67.9%	62.8%	43.7%	0.0%	18.0%	-94.3%	360	-25.8K	-828	0.00	56.69	N/A	N/A	13	4
2023-05-12	$198.00	$0.00	303.8%	87.1%	63.9%	59.5%	0.0%	53.6%	-100.2%	300	-9.2K	-720	0.00	10.95	N/A	N/A	13	4
2023-05-15	$186.00	$0.00	268.6%	77.0%	66.1%	51.2%	0.0%	0.0%	-113.1%	308	-5.8K	-516	0.00	28.67	N/A	N/A	13	3
2023-05-16	$186.00	$0.00	357.4%	102.5%	66.3%	72.1%	0.0%	32.7%	-116.6%	322	-5.6K	-499	0.00	18.35	N/A	N/A	13	3
2023-05-17	$186.00	$0.00	363.2%	104.1%	58.8%	73.4%	0.0%	19.5%	-120.2%	334	-4.9K	-470	0.00	15.02	N/A	N/A	13	3
2023-05-18	$192.00	$0.00	332.2%	95.2%	61.4%	66.1%	0.0%	-0.2%	129.7%	335	-3.6K	-496	0.00	7.38	N/A	N/A	13	3
2023-05-19	$198.00	$0.00	339.0%	97.2%	60.0%	67.7%	0.0%	21.2%	-92.7%	336	-2.5K	-491	0.00	7.38	N/A	N/A	13	3
2023-05-22	$210.00	$0.00	365.5%	104.8%	64.6%	74.0%	0.0%	35.9%	0.0%	445	-31.3K	-660	0.00	3.48	N/A	N/A	13	3
2023-05-23	$204.00	$4500.00	365.0%	104.6%	59.5%	73.9%	0.0%	-3.3%	0.0%	341	-855	-480	0.00	6.18	N/A	N/A	13	3
2023-05-24	$204.00	$4500.00	372.5%	106.8%	58.9%	75.6%	0.0%	13.1%	0.0%	455	-45.6K	-726	0.00	6.65	N/A	N/A	13	3
2023-05-25	$186.00	$4500.00	239.2%	0.0%	66.5%	44.3%	0.0%	18.6%	0.0%	375	-25.3K	-578	0.00	16.88	N/A	N/A	13	3
2023-05-26	$186.00	$4500.00	202.9%	0.0%	62.5%	35.8%	0.0%	20.4%	0.0%	349	-6.7K	-476	0.00	6.01	N/A	N/A	13	3
2023-05-30	$180.00	$4500.00	484.6%	138.9%	61.5%	100.0%	0.0%	58.6%	0.0%	389	-28.5K	-567	0.00	9.86	N/A	N/A	13	3
2023-05-31	$180.00	$4500.00	498.1%	142.8%	61.4%	100.0%	0.0%	27.5%	0.0%	379	-31.9K	-611	1.69	5.37	N/A	N/A	13	3