WBTN Options History — February 2026

In February 2026, WBTN traded between $10.50 and $11.81. ATM implied volatility averaged 105.7%, placing in the 26.5% IV rank vs the trailing year. The 30-day expected move averaged 32.5%. IV traded above realized volatility by 60.3% (HV 20d: 45.4%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 6.12.

Notable Days

  • 2026-02-06: Highest Volume — 121 contracts
  • 2026-02-11: Largest IV spike — 35.0% change
  • 2026-02-13: Highest IV Rank — 40.7%
  • 2026-02-13: Largest Expected Move — 39.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.21$10.50$11.81$11.81$11.14
Max Pain$14.61$12.50$15.00$12.50$15.00
ATM IV105.7%59.6%137.8%83.1%130.4%
Expected Move32.5%22.6%39.5%23.8%37.4%
HV 20d45.4%30.8%56.1%31.8%56.1%
HV 60d52.3%39.2%71.3%69.6%40.1%
IV Rank26.5%6.1%40.7%16.5%37.4%
IV Percentile58.7%6.9%81.4%44.9%79.2%
Term Structure-16.2%-50.4%17.5%2.1%-36.0%
VWIV107.7%69.3%133.8%104.8%132.5%
Skew 25d-1.0%-34.4%36.9%-13.8%9.1%
Skew 10d4.6%-65.6%68.2%0.1%39.9%
Call IV 25d105.1%76.0%124.6%93.8%118.8%
Put IV 25d104.1%67.2%130.3%80.0%127.8%
Bid-Ask Spread %96.7481.74124.23110.1494.75
Gamma HHI0.180.150.220.190.18
Net GEX3.0K2.3K4.3K3.9K2.9K
Net DEX43.7K-46.9K120.9K23.2K24.7K
Net VEX-1.7K-2.1K-1.4K-2.0K-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.120.0050.000.110.00
Total Volume32.6840121100
Total OI2,139.8952,0432,2422,0432,148

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$11.81$12.5083.1%23.8%31.8%16.5%104.8%-13.8%2.1%3.9K23.2K-2.0K0.11110.14N/AN/A911,219824
2026-02-03$11.21$12.5089.7%25.7%30.8%19.4%120.6%-15.0%4.6%3.2K29.3K-2.1K0.08111.85N/AN/A1311,223825
2026-02-04$10.79$12.5078.8%22.6%30.9%14.6%78.1%1.0%17.5%2.6K103.3K-1.8K0.47124.23N/AN/A43201,230826
2026-02-05$10.50$15.0062.3%29.1%31.3%7.3%81.9%-9.5%-9.4%2.3K120.9K-1.6K13.3397.29N/AN/A3401,249808
2026-02-06$11.08$15.0059.6%27.7%39.5%6.1%70.6%8.0%2.9%3.2K81.5K-1.6K0.70100.43N/AN/A71501,252825
2026-02-09$11.35$15.0080.3%32.7%40.7%15.3%115.2%-7.3%-21.7%3.5K22.4K-1.8K3.0089.81N/AN/A10301,208875
2026-02-10$11.76$15.0077.6%32.9%43.7%14.1%0.0%7.0%-25.9%4.3K-46.9K-2.0K5.0091.14N/AN/A4201,205905
2026-02-11$11.77$15.00104.8%30.0%43.6%26.1%69.3%-34.4%-16.8%4.0K16.2K-1.8K0.0096.27N/AN/A9001,208925
2026-02-12$11.26$15.00117.9%33.8%45.5%31.9%133.8%36.9%-33.1%3.4K-23.0K-2.0K3.29105.26N/AN/A7231,247935
2026-02-13$10.66$15.00137.8%39.5%47.9%40.7%0.0%-12.7%-50.4%2.5K28.5K-1.9K0.2098.33N/AN/A511,244958
2026-02-17$11.21$15.00103.1%29.6%52.7%25.4%106.5%-6.1%-15.4%2.9K98.1K-1.5K25.0094.07N/AN/A1251,242959
2026-02-18$11.32$15.00128.8%36.9%52.5%36.7%121.1%-4.4%-0.1%2.9K30.2K-1.7K0.4287.57N/AN/A24101,241974
2026-02-19$11.11$15.00130.0%37.3%52.7%37.2%122.6%5.9%-35.7%2.5K31.2K-1.7K2.5096.25N/AN/A251,261979
2026-02-20$11.21$15.00127.9%36.7%51.0%36.3%0.0%17.0%-14.8%2.8K53.6K-1.6K0.0093.99N/AN/A021,263979
2026-02-23$10.88$15.00128.4%36.8%51.6%36.5%106.1%7.5%-11.6%2.4K70.2K-1.5K50.0096.14N/AN/A1501,206965
2026-02-24$11.12$15.00136.4%39.1%52.7%40.1%126.6%21.6%-32.1%2.8K67.1K-1.4K0.0084.40N/AN/A2201,207951
2026-02-25$11.23$15.00102.5%29.4%52.9%25.1%125.3%-34.1%-6.8%2.6K63.9K-1.4K0.0084.49N/AN/A3401,195951
2026-02-26$11.60$15.00128.9%37.0%54.7%36.8%132.5%3.6%-26.0%3.1K36.5K-1.5K0.0081.74N/AN/A401,195951
2026-02-27$11.14$15.00130.4%37.4%56.1%37.4%0.0%9.1%-36.0%2.9K24.7K-1.5K0.0094.75N/AN/A001,197951