WBTN Options History — January 2026

In January 2026, WBTN traded between $12.00 and $13.96. ATM implied volatility averaged 75.8%, placing in the 13.3% IV rank vs the trailing year. The 30-day expected move averaged 20.7%. IV traded above realized volatility by 47.2% (HV 20d: 28.6%). Max pain ranged from $10.00 to $15.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.55.

Notable Days

  • 2026-01-06: Highest Volume — 98 contracts
  • 2026-01-08: Largest IV drop — 57.2% change
  • 2026-01-07: Highest IV Rank — 28.8%
  • 2026-01-14: Largest Expected Move — 30.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.25$12.00$13.96$13.21$12.00
Max Pain$12.50$10.00$15.00$10.00$12.50
ATM IV75.8%47.5%110.9%69.5%68.1%
Expected Move20.7%14.9%30.7%19.9%19.5%
HV 20d28.6%24.8%34.2%31.0%32.3%
HV 60d70.8%69.1%72.9%72.4%69.6%
IV Rank13.3%0.8%28.8%10.5%9.9%
IV Percentile29.3%0.5%65.2%20.3%19.0%
Term Structure18.2%-38.5%49.5%-9.0%44.4%
VWIV68.9%56.2%85.7%77.6%85.7%
Skew 25d9.5%-17.1%50.7%36.9%-4.6%
Skew 10d7.6%-24.3%72.8%23.0%-7.4%
Call IV 25d66.3%37.9%90.4%37.9%79.8%
Put IV 25d75.9%52.6%115.8%74.8%75.2%
Bid-Ask Spread %103.4594.30115.1898.36105.30
Gamma HHI0.210.180.260.220.18
Net GEX7.0K4.3K10.5K8.1K4.3K
Net DEX-238.5K-384.9K-88.8K-261.6K-88.8K
Net VEX-2.9K-3.4K-2.4K-2.9K-2.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.002.550.220.00
Total Volume23.2198563
Total OI1,871.351,6952,0431,7182,043

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$13.21$10.0069.5%19.9%31.0%10.5%77.6%36.9%-9.0%8.1K-261.6K-2.9K0.2298.36N/AN/A46101,259459
2026-01-05$13.77$15.0067.9%16.5%34.2%9.8%57.3%-1.7%24.7%9.8K-328.2K-3.1K0.1296.99N/AN/A5971,295469
2026-01-06$13.96$12.5077.7%16.6%33.9%14.1%62.3%15.2%29.0%9.6K-376.5K-3.3K2.5097.76N/AN/A28701,336471
2026-01-07$13.79$12.50110.9%22.9%32.2%28.8%0.0%47.4%5.1%9.1K-384.9K-3.4K0.00107.56N/AN/A501,342526
2026-01-08$13.65$12.5047.5%17.4%32.1%0.8%0.0%9.1%46.1%9.7K-357.0K-3.2K0.00100.85N/AN/A201,340526
2026-01-09$13.80$12.5070.8%19.9%31.3%11.1%0.0%14.8%22.9%10.5K-352.8K-3.3K0.00102.71N/AN/A1401,341526
2026-01-12$13.77$12.5072.9%16.8%26.3%12.0%0.0%14.5%28.1%10.4K-330.8K-3.1K0.00103.72N/AN/A1001,347526
2026-01-13$13.53$12.5085.8%22.1%25.2%17.7%59.5%2.1%-38.5%9.5K-344.9K-3.2K2.0094.30N/AN/A121,342526
2026-01-14$13.32$12.50107.2%30.7%26.1%27.2%70.0%50.7%-5.3%9.1K-251.8K-3.0K0.05108.01N/AN/A2211,343527
2026-01-15$13.42$12.5067.0%19.2%26.2%9.4%74.1%-7.6%27.9%5.2K-274.2K-2.9K0.0096.37N/AN/A3101,364528
2026-01-16$13.32$12.5074.0%21.2%24.8%12.5%82.3%-7.3%-3.9%4.8K-207.7K-2.6K0.52103.18N/AN/A21111,364527
2026-01-20$12.93$12.5092.5%26.5%26.4%20.7%74.1%5.2%-5.0%4.8K-171.5K-2.8K2.55105.76N/AN/A11281,193502
2026-01-21$12.83$12.5061.2%17.5%26.5%6.8%74.7%-17.1%7.4%4.9K-135.1K-2.6K0.71111.40N/AN/A14101,203532
2026-01-22$13.25$12.5052.1%14.9%26.7%2.8%59.8%-11.2%42.0%5.3K-143.8K-2.6K1.3299.54N/AN/A19251,203542
2026-01-23$13.11$12.5067.4%19.3%26.9%9.6%57.1%12.7%21.3%5.5K-184.3K-2.8K0.00102.31N/AN/A101,216548
2026-01-26$13.08$12.5061.5%17.6%26.9%7.0%56.2%-13.0%49.5%5.4K-154.2K-2.7K0.00102.54N/AN/A601,216823
2026-01-27$12.85$12.5082.2%23.6%27.4%16.1%73.9%6.8%15.1%5.1K-155.8K-2.7K0.00104.54N/AN/A401,217823
2026-01-28$12.75$12.5082.1%23.5%27.5%16.1%0.0%33.6%27.2%4.9K-127.3K-2.6K1.00115.18N/AN/A111,217823
2026-01-29$12.61$12.5097.6%28.0%27.5%22.9%0.0%4.6%34.8%4.7K-139.4K-2.6K0.00112.59N/AN/A101,218824
2026-01-30$12.00$12.5068.1%19.5%32.3%9.9%85.7%-4.6%44.4%4.3K-88.8K-2.4K0.00105.30N/AN/A301,219824