WBTN Options History — March 2026

In March 2026, WBTN traded between $8.45 and $11.59. ATM implied volatility averaged 134.4%, placing in the 39.7% IV rank vs the trailing year. The 30-day expected move averaged 28.0%. IV traded above realized volatility by 72.5% (HV 20d: 61.9%). Max pain ranged from $10.00 to $15.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 3.43.

Notable Days

  • 2026-03-03: Highest Volume — 446 contracts
  • 2026-03-31: Largest IV spike — 532.0% change
  • 2026-03-23: Highest IV Rank — 100.0%
  • 2026-03-27: Largest Expected Move — 59.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.39$8.45$11.59$11.21$9.38
Max Pain$10.68$10.00$15.00$15.00$10.00
ATM IV134.4%21.9%284.2%159.6%138.4%
Expected Move28.0%6.3%59.7%45.7%39.7%
HV 20d61.9%53.9%69.0%53.9%61.8%
HV 60d47.6%40.0%50.8%40.0%50.8%
IV Rank39.7%0.0%100.0%50.3%46.6%
IV Percentile63.8%0.0%100.0%92.3%82.9%
Term Structure11.3%-94.9%68.6%-94.9%36.5%
VWIV84.5%58.7%127.1%125.6%75.9%
Skew 25d-0.7%-26.5%86.0%-18.5%-2.0%
Skew 10d43.7%-4.2%137.5%27.3%2.6%
Call IV 25d80.4%64.2%140.1%140.1%72.9%
Put IV 25d79.7%49.3%158.9%121.5%70.9%
Bid-Ask Spread %56.9829.10115.6294.4832.33
Gamma HHI0.200.170.240.190.18
Net GEX7041953.2K2.8K654
Net DEX130.6K34.5K238.0K55.5K40.2K
Net VEX-779-1.4K-557-1.4K-636
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.430.0054.002.000.80
Total Volume51.591244639
Total OI1,723.4095582,5052,149589

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$11.21$15.00159.6%45.7%53.9%50.3%125.6%-18.5%-94.9%2.8K55.5K-1.4K2.0094.48N/AN/A121,198951
2026-03-03$11.59$15.00140.2%40.2%55.2%41.8%119.4%-15.7%-30.6%3.2K34.5K-1.4K1.0284.57N/AN/A2212251,199952
2026-03-04$10.27$15.0078.1%22.4%67.6%14.3%74.1%9.2%11.3%1.1K196.7K-1.1K0.7346.95N/AN/A1941421,3671,138
2026-03-05$10.38$10.0070.8%24.0%66.6%11.1%0.0%3.9%-3.5%643213.2K-1.0K0.37106.92N/AN/A30111,3111,088
2026-03-06$9.80$10.0087.1%22.8%69.0%18.3%0.0%1.5%17.5%615194.5K-98554.00115.62N/AN/A1541,2881,054
2026-03-09$9.64$10.00100.9%23.0%65.7%24.4%80.2%1.4%-3.3%397228.0K-8900.05106.78N/AN/A2111,2871,043
2026-03-10$9.71$10.0090.2%24.0%64.9%19.7%74.6%-4.1%4.3%500212.6K-8472.70104.08N/AN/A10271,2781,034
2026-03-11$9.13$10.0073.0%20.9%65.4%12.1%0.0%-6.0%11.5%337238.0K-7861.00107.66N/AN/A10101,2811,018
2026-03-12$9.00$10.0076.6%32.5%65.2%13.7%0.0%-10.5%23.6%445147.0K-7941.0029.10N/AN/A111,299919
2026-03-13$9.14$10.0073.5%26.6%64.9%12.3%75.3%-9.2%28.8%464127.5K-7370.0030.45N/AN/A201,300887
2026-03-16$8.95$10.0089.7%20.2%62.9%19.4%70.2%8.5%18.8%454169.8K-6350.0031.42N/AN/A061,301887
2026-03-17$9.07$10.0085.0%20.8%59.6%17.4%0.0%-4.0%11.1%346181.7K-6240.0730.32N/AN/A2921,301889
2026-03-18$8.80$10.00102.0%26.3%59.5%24.9%127.1%50.4%-3.1%195186.4K-5940.2045.69N/AN/A511,317889
2026-03-19$8.70$10.00154.6%18.9%59.5%48.1%70.3%-0.6%31.9%479162.2K-6393.6733.96N/AN/A3111,320874
2026-03-20$8.45$10.00230.2%20.6%59.2%81.5%0.0%86.0%68.6%254179.1K-5574.1853.54N/AN/A11461,319878
2026-03-23$8.77$10.00284.2%22.2%61.6%100.0%77.3%-25.3%24.5%26155.6K-5740.0735.00N/AN/A141363195
2026-03-24$8.82$10.00236.3%19.7%60.7%84.2%0.0%-18.7%28.6%35858.1K-5740.0029.71N/AN/A20375196
2026-03-25$8.94$10.00260.6%23.6%60.9%95.0%82.6%-26.5%1.3%37851.3K-5930.1036.60N/AN/A101377196
2026-03-26$8.85$10.00194.6%55.8%58.7%65.8%58.7%-10.9%27.7%52353.0K-5840.0831.67N/AN/A121387196
2026-03-27$9.07$10.00208.2%59.7%59.2%71.8%0.0%-12.5%13.6%55043.4K-6420.0036.03N/AN/A30389197
2026-03-30$8.87$10.0021.9%6.3%59.0%0.0%71.0%-11.1%25.3%57645.9K-6000.0030.64N/AN/A40391197
2026-03-31$9.38$10.00138.4%39.7%61.8%46.6%75.9%-2.0%36.5%65440.2K-6360.8032.33N/AN/A54392197