WGS Options History — March 2023

In March 2023, WGS traded between $9.90 and $15.84. ATM implied volatility averaged 228.0%. The 30-day expected move averaged 71.0%. IV traded above realized volatility by 95.3% (HV 20d: 132.6%). Max pain ranged from $82.50 to $82.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 0 of 23 days. Put/call ratio averaged 0.50.

Notable Days

  • 2023-03-21: Highest Volume — 17 contracts
  • 2023-03-30: Largest IV spike — 103.6% change
  • 2023-03-30: Largest Expected Move — 126.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.54$9.90$15.84$15.84$11.88
Max Pain$82.50$82.50$82.50$82.50$82.50
ATM IV228.0%181.5%440.8%181.5%199.6%
Expected Move71.0%53.7%126.4%105.4%126.4%
HV 20d132.6%116.0%155.4%116.9%149.1%
HV 60d128.7%127.3%130.2%130.2%128.9%
Term Structure-58.2%-87.9%-31.3%-61.3%-67.6%
Skew 25d34.3%-51.0%94.8%2.5%-51.0%
Skew 10d48.4%-67.7%96.1%67.0%-67.7%
Call IV 25d142.9%105.7%230.5%186.6%190.4%
Put IV 25d177.2%111.9%214.3%189.1%139.4%
Bid-Ask Spread %71.242.83143.5517.0048.48
Gamma HHI0.130.110.200.110.20
Net GEX671391861861391
Net DEX-126.9K-231.7K-26.2K-231.7K-26.2K
Net VEX-1.2K-1.7K-607-1.7K-607
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.005.200.005.20
Total Volume2.21701722
Total OI442.652396484464403

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$15.84$82.50181.5%0.0%116.9%0.0%0.0%2.5%0.0%861-231.7K-1.7K0.0017.00N/AN/A2044816
2023-03-02$15.51$82.50181.7%0.0%116.9%0.0%0.0%68.5%0.0%838-198.0K-1.6K0.0014.72N/AN/A6044916
2023-03-03$15.84$82.50367.6%105.4%116.0%0.0%0.0%-48.8%0.0%857-217.5K-1.7K0.1857.24N/AN/A0045516
2023-03-06$14.19$82.50204.3%58.6%120.4%0.0%0.0%-23.6%-61.3%803-180.8K-1.5K0.0018.39N/AN/A0045516
2023-03-07$14.85$82.50187.2%53.7%120.7%0.0%0.0%62.4%-31.3%842-192.3K-1.6K0.002.83N/AN/A0045516
2023-03-08$14.85$82.50189.4%54.3%120.4%0.0%0.0%-2.8%-32.7%846-173.3K-1.5K0.0052.12N/AN/A0045516
2023-03-09$12.87$82.50203.6%58.4%126.8%0.0%0.0%56.0%-36.1%689-135.2K-1.3K0.0092.70N/AN/A4045516
2023-03-10$11.22$82.50222.8%63.9%134.6%0.0%0.0%94.8%-77.3%624-131.4K-1.2K3.49110.63N/AN/A3945816
2023-03-13$12.21$82.50220.3%63.2%138.6%0.0%0.0%0.0%-43.7%681-117.8K-1.3K0.00143.55N/AN/A0045925
2023-03-14$11.88$82.50226.7%65.0%138.6%0.0%0.0%66.8%-82.9%644-115.2K-1.1K0.0098.82N/AN/A0045925
2023-03-15$11.22$82.50237.3%68.0%131.6%0.0%0.0%43.8%-87.9%612-108.6K-1.2K0.0087.14N/AN/A1045925
2023-03-16$11.55$82.50236.7%67.9%127.3%0.0%0.0%-28.1%0.0%618-85.9K-1.0K0.0088.49N/AN/A0045925
2023-03-17$11.55$82.50240.1%68.8%124.3%0.0%0.0%73.3%0.0%640-92.3K-1.0K0.0027.00N/AN/A0045925
2023-03-20$12.21$82.50191.8%0.0%126.4%0.0%0.0%36.0%0.0%584-80.1K-9840.00116.64N/AN/A0037125
2023-03-21$14.52$82.50249.0%71.4%139.1%0.0%0.0%62.6%-61.6%844-167.4K-1.5K0.35110.59N/AN/A13437225
2023-03-22$13.20$82.50240.2%68.9%142.2%0.0%0.0%2.6%-67.6%736-143.2K-1.4K0.00132.66N/AN/A2037327
2023-03-23$10.89$82.50194.3%0.0%155.4%0.0%0.0%73.3%0.0%599-118.1K-1.2K0.0066.30N/AN/A1037327
2023-03-24$10.89$82.50196.0%0.0%149.0%0.0%0.0%77.0%0.0%579-90.3K-1.0K0.10128.28N/AN/A1037427
2023-03-27$10.89$82.50201.5%0.0%138.6%0.0%0.0%51.7%0.0%594-100.6K-1.1K0.0056.92N/AN/A0037427
2023-03-28$9.90$82.50214.4%0.0%137.8%0.0%0.0%77.0%0.0%523-81.2K-9230.0059.08N/AN/A2037427
2023-03-29$9.90$82.50216.5%0.0%138.0%0.0%0.0%-3.7%0.0%496-66.3K-8410.8024.05N/AN/A0037527
2023-03-30$10.56$82.50440.8%126.4%141.5%0.0%0.0%64.9%0.0%539-65.2K-8760.4084.98N/AN/A1037527
2023-03-31$11.88$82.50199.6%0.0%149.1%0.0%0.0%-51.0%0.0%391-26.2K-6075.2048.48N/AN/A0237528