WBTN Options History — November 2025

In November 2025, WBTN traded between $12.47 and $17.65. ATM implied volatility averaged 96.2%, placing in the 22.3% IV rank vs the trailing year. The 30-day expected move averaged 25.2%. IV traded above realized volatility by 13.2% (HV 20d: 83.0%). Max pain ranged from $15.00 to $20.00. Net GEX was positive for 8 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 6.54.

Notable Days

  • 2025-11-18: Highest Volume — 1,649 contracts
  • 2025-11-12: Largest IV drop — 31.7% change
  • 2025-11-07: Highest IV Rank — 44.1%
  • 2025-11-04: Largest Expected Move — 39.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.79$12.47$17.65$17.46$13.81
Max Pain$17.50$15.00$20.00$20.00$15.00
ATM IV96.2%55.7%145.5%125.5%64.6%
Expected Move25.2%16.0%39.7%36.0%18.5%
HV 20d83.0%41.8%113.0%47.2%113.0%
HV 60d106.9%85.5%154.4%154.3%103.7%
IV Rank22.3%4.4%44.1%35.3%8.3%
IV Percentile39.9%2.8%81.8%69.9%6.0%
Term Structure-4.1%-45.7%18.0%-25.4%-4.2%
VWIV85.7%54.4%129.8%129.8%65.1%
Skew 25d-3.6%-36.1%23.0%-36.1%5.4%
Skew 10d13.4%-54.7%196.9%-20.9%196.9%
Call IV 25d84.8%55.8%146.0%146.0%60.6%
Put IV 25d81.2%55.9%130.4%109.9%66.1%
Bid-Ask Spread %89.8266.92102.3788.0699.14
Gamma HHI0.420.210.900.250.62
Net GEX-9.7K-49.3K14.6K14.6K-34.4K
Net DEX468.3K-935.3K2.3M-871.1K643.0K
Net VEX-7.3K-10.7K-3.8K-10.7K-6.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.540.0362.420.492.07
Total Volume223.263181,64912246
Total OI5,429.2114,9586,9184,9585,369

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$17.46$20.00125.5%36.0%47.2%35.3%129.8%-36.1%-25.4%14.6K-871.1K-10.7K0.4988.06N/AN/A82402,9811,977
2025-11-04$17.20$20.00138.4%39.7%47.0%41.0%117.2%-25.3%-28.1%12.2K-655.1K-10.2K0.2482.20N/AN/A2152,9602,017
2025-11-05$17.65$20.00128.2%36.8%46.9%36.5%128.4%8.0%-25.6%14.4K-820.3K-10.3K3.7577.70N/AN/A12452,9722,017
2025-11-06$17.02$17.50138.3%29.3%46.9%40.9%123.2%1.7%-6.9%14.4K-935.3K-10.0K5.0092.72N/AN/A3152,9741,998
2025-11-07$16.37$17.50145.5%26.7%48.3%44.1%85.4%-3.4%-2.3%11.3K-289.6K-9.3K0.4482.29N/AN/A1672,9772,002
2025-11-10$16.78$17.50124.6%29.5%45.8%34.9%94.7%2.6%-14.1%10.7K-404.4K-9.3K2.0977.29N/AN/A46962,9742,009
2025-11-11$16.52$17.50137.8%26.1%46.0%40.7%0.0%-17.5%-7.0%10.9K-281.0K-9.1K0.2285.76N/AN/A60133,0122,010
2025-11-12$16.62$17.5094.1%27.0%41.8%21.4%93.3%-5.6%-6.3%10.0K-204.2K-8.7K0.9985.42N/AN/A4204163,0032,021
2025-11-13$12.49$17.5098.5%28.2%108.1%23.3%83.5%-8.4%-45.7%-7.7K1.4M-5.3K2.7966.92N/AN/A1444023,2592,426
2025-11-14$12.77$17.5074.7%21.4%109.0%12.8%66.3%-1.5%17.3%-7.8K1.5M-4.2K3.3088.20N/AN/A10333,2462,260
2025-11-17$12.61$17.5077.5%22.2%108.4%14.1%81.2%3.3%9.9%-7.5K1.4M-4.3K3.40102.37N/AN/A10343,2462,220
2025-11-18$12.52$17.5071.4%20.5%108.3%11.4%76.9%-12.8%17.2%-4.4K1.4M-3.8K62.4293.57N/AN/A261,6233,2472,062
2025-11-19$12.47$17.5071.9%20.6%107.7%11.6%71.9%0.1%8.8%-42.3K2.3M-5.9K35.0097.88N/AN/A1353,2683,650
2025-11-20$12.74$17.5074.0%21.2%107.1%12.5%73.9%-9.5%18.0%-42.6K2.1M-6.3K0.6299.53N/AN/A52323,2703,622
2025-11-21$13.63$17.5068.0%19.5%110.3%9.8%61.5%6.4%-12.6%-36.8K1.3M-6.1K1.4098.66N/AN/A30423,3223,206
2025-11-24$14.27$17.5055.7%16.0%112.2%4.4%54.4%-4.4%15.7%-49.3K548.7K-5.5K0.0397.13N/AN/A21662,3202,766
2025-11-25$14.48$15.0064.1%18.4%111.4%8.1%66.0%5.5%10.2%-22.4K293.6K-6.5K0.0395.52N/AN/A7622,4662,768
2025-11-26$13.54$15.0075.5%21.6%112.4%13.2%70.1%23.0%2.6%-26.7K590.8K-6.3K0.0696.13N/AN/A11872,4892,769
2025-11-28$13.81$15.0064.6%18.5%113.0%8.3%65.1%5.4%-4.2%-34.4K643.0K-6.2K2.0799.14N/AN/A15312,6002,769