WGS Options History — February 2023

In February 2023, WGS traded between $12.87 and $17.16. ATM implied volatility averaged 280.5%. The 30-day expected move averaged 70.4%. IV traded above realized volatility by 168.9% (HV 20d: 111.6%). Max pain ranged from $82.50 to $82.50. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.23.

Notable Days

  • 2023-02-08: Highest Volume — 49 contracts
  • 2023-02-21: Largest IV spike — 57.7% change
  • 2023-02-21: Largest Expected Move — 102.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.88$12.87$17.16$13.86$16.50
Max Pain$82.50$82.50$82.50$82.50$82.50
ATM IV280.5%210.9%407.5%274.1%279.2%
Expected Move70.4%56.6%102.1%60.9%80.0%
HV 20d111.6%103.0%124.2%109.4%116.5%
Term Structure-41.9%-163.0%54.1%-56.4%-81.6%
VWIV356.0%356.0%356.0%356.0%356.0%
Skew 25d-14.3%-127.4%108.6%29.2%-19.8%
Skew 10d13.6%-94.5%103.4%49.3%66.5%
Call IV 25d201.5%87.8%261.8%140.0%208.0%
Put IV 25d187.2%126.6%215.7%169.2%188.2%
Bid-Ask Spread %42.122.83139.2362.8341.04
Gamma HHI0.100.090.130.090.11
Net GEX6090873540873
Net DEX-151.2K-232.5K7.7K-113.7K-219.1K
Net VEX-1.2K-1.7K-11-989-1.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.230.003.000.010.00
Total Volume11.57914967
Total OI402.211338462338462

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$13.86$0.00274.1%0.0%0.0%0.0%0.0%29.2%0.0%540-113.7K-9890.0162.83N/AN/A603335
2023-02-02$14.52$82.50308.6%60.9%0.0%0.0%0.0%-10.3%-56.4%07.7K-110.434.08N/AN/A523365
2023-02-03$15.51$82.50357.2%56.6%0.0%0.0%0.0%-127.4%54.1%452-50.6K-6430.012.83N/AN/A1603388
2023-02-06$14.85$82.50374.8%57.5%0.0%0.0%0.0%108.6%44.0%513-101.8K-8440.0010.40N/AN/A2803468
2023-02-07$15.18$82.50407.5%58.9%0.0%0.0%0.0%-43.2%42.7%595-163.5K-1.2K0.048.91N/AN/A1313638
2023-02-08$13.86$82.50225.1%64.5%0.0%0.0%0.0%-14.7%50.9%541-154.3K-1.2K0.083.98N/AN/A4543659
2023-02-09$13.20$82.50223.6%64.1%109.4%0.0%0.0%-4.8%-73.9%604-163.0K-1.3K0.043.98N/AN/A3040012
2023-02-10$13.20$82.50222.5%63.8%105.7%0.0%0.0%-10.2%-76.5%579-150.7K-1.2K0.027.63N/AN/A11040212
2023-02-13$12.87$82.50233.6%67.0%103.0%0.0%0.0%60.6%-86.0%572-170.2K-1.3K3.003.98N/AN/A0140112
2023-02-14$14.52$82.50249.2%71.4%109.2%0.0%0.0%-8.4%-83.7%611-152.7K-1.2K0.0054.23N/AN/A1040112
2023-02-15$15.84$82.50234.8%67.3%109.8%0.0%0.0%-53.3%22.2%608-187.6K-1.3K0.6840.91N/AN/A5340112
2023-02-16$16.83$82.50210.9%60.5%108.1%0.0%0.0%17.5%-35.2%835-209.2K-1.6K0.00139.23N/AN/A3040316
2023-02-17$17.16$82.50225.8%64.7%107.3%0.0%0.0%-23.7%-37.1%751-204.6K-1.6K0.004.10N/AN/A3040316
2023-02-21$15.51$82.50356.0%102.1%114.7%0.0%356.0%-4.9%-163.0%678-232.5K-1.6K0.0080.14N/AN/A1040316
2023-02-22$14.85$82.50256.1%73.4%111.9%0.0%0.0%-5.3%-55.8%730-150.0K-1.4K0.00117.42N/AN/A11040416
2023-02-23$15.51$82.50255.0%73.1%112.4%0.0%0.0%-48.8%-58.5%587-115.1K-1.1K0.0099.59N/AN/A31040716
2023-02-24$13.53$82.50304.9%87.4%124.2%0.0%0.0%-67.3%0.0%707-152.8K-1.3K0.0362.29N/AN/A4042916
2023-02-27$15.51$82.50331.0%94.9%118.2%0.0%0.0%-45.8%-118.0%803-190.0K-1.5K0.0052.71N/AN/A16043016
2023-02-28$16.50$82.50279.2%80.0%116.5%0.0%0.0%-19.8%-81.6%873-219.1K-1.7K0.0041.04N/AN/A7044616