WGS Options History — May 2023

In May 2023, WGS traded between $6.08 and $8.93. ATM implied volatility averaged 199.1%. The 30-day expected move averaged 52.4%. IV traded above realized volatility by 108.2% (HV 20d: 90.8%). Max pain ranged from $2.50 to $82.50. Net GEX was positive for 7 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 1.41.

Notable Days

  • 2023-05-09: Highest Volume — 773 contracts
  • 2023-05-30: Largest IV spike — 144.1% change
  • 2023-05-04: Largest Expected Move — 102.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.50$6.08$8.93$8.25$7.50
Max Pain$16.50$2.50$82.50$82.50$5.00
ATM IV199.1%96.1%358.3%145.3%128.5%
Expected Move52.4%27.6%102.7%102.7%36.8%
HV 20d90.8%71.7%109.6%73.0%106.5%
HV 60d114.7%110.5%117.1%116.0%110.5%
Term Structure-7.6%-229.6%127.9%1.2%-54.5%
VWIV158.3%98.8%193.1%192.9%166.9%
Skew 25d51.2%-35.8%209.6%63.9%28.9%
Skew 10d69.0%-63.2%215.6%71.9%150.7%
Call IV 25d154.0%85.8%241.8%135.1%159.8%
Put IV 25d205.2%122.4%309.7%199.1%188.8%
Bid-Ask Spread %115.4575.21156.4493.10154.89
Gamma HHI0.320.130.640.130.28
Net GEX511-1.9K14.5K394-1.0K
Net DEX-469.9K-6.0M32.7K-57.6K-5.5K
Net VEX-1.4K-8.2K0-720-813
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.410.009.590.000.00
Total Volume73.909077339
Total OI1,546.045010,6894061,089

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$8.25$82.50145.3%0.0%73.0%0.0%0.0%63.9%0.0%394-57.6K-7200.0093.10N/AN/A3037630
2023-05-02$8.25$82.50254.2%0.0%73.2%0.0%0.0%60.3%0.0%408-53.9K-6780.00118.80N/AN/A6037930
2023-05-03$8.25$82.50300.4%0.0%71.7%0.0%0.0%89.7%0.0%406-61.2K-7270.00105.22N/AN/A0038430
2023-05-04$7.72$0.00358.3%102.7%72.0%0.0%0.0%0.0%0.0%0000.0092.39N/AN/A29000
2023-05-05$8.50$2.50256.9%49.7%77.6%0.0%0.0%-10.6%1.2%11.1K-4.3M-7.5K3.00153.16N/AN/A10306,3392
2023-05-08$8.93$0.00234.8%51.4%80.2%0.0%192.9%-21.9%-26.9%18-6.0K-301.19101.85N/AN/A861021030
2023-05-09$8.29$5.00257.6%54.1%83.2%0.0%181.1%-12.6%12.8%51-27.6K-3339.59105.99N/AN/A7370093101
2023-05-10$8.25$5.00127.7%36.6%80.6%0.0%101.9%31.2%127.9%-74917.0K-7800.5475.21N/AN/A6837203818
2023-05-11$7.38$5.0096.1%27.6%86.9%0.0%193.1%-35.8%44.2%-1.2K22.6K-9120.0090.67N/AN/A90262855
2023-05-12$6.93$5.00158.9%45.6%88.4%0.0%0.0%29.5%10.0%-1.5K18.6K-9010.00156.44N/AN/A90268855
2023-05-15$7.30$5.00185.5%53.2%81.7%0.0%162.5%84.3%-59.0%-57719.3K-9446.80100.52N/AN/A50340276855
2023-05-16$6.33$5.00177.1%50.8%92.8%0.0%162.9%-25.1%17.0%-94723.4K-8881.0099.30N/AN/A11326825
2023-05-17$6.19$5.00162.2%46.5%92.7%0.0%168.6%21.3%-11.6%-1.3K24.9K-8060.3398.02N/AN/A155326831
2023-05-18$6.08$5.00157.9%45.3%92.4%0.0%137.4%-8.8%28.8%-1.3K32.7K-8240.00108.21N/AN/A90334833
2023-05-19$6.54$5.00159.0%45.6%98.5%0.0%153.3%141.7%-15.9%-1.1K32.6K-8930.00109.44N/AN/A10342833
2023-05-22$7.35$5.00188.2%53.9%109.6%0.0%179.5%38.2%-74.0%-1.5K1.0K-7780.00105.98N/AN/A50226828
2023-05-23$7.55$5.00158.0%45.3%109.2%0.0%0.0%-29.0%-33.0%-954-9.8K-8890.00105.72N/AN/A00240828
2023-05-24$7.37$5.00236.2%67.7%107.3%0.0%98.8%171.7%94.5%14.5K-6.0M-8.2K2.86126.56N/AN/A7209,2761,413
2023-05-25$7.16$5.00180.8%51.8%107.1%0.0%166.9%139.1%-7.0%-1.9K5.3K-8880.00152.72N/AN/A10241848
2023-05-26$7.19$5.00132.4%38.0%107.2%0.0%0.0%109.3%37.8%-1.1K669-8270.00138.38N/AN/A00241848
2023-05-30$7.58$5.00323.2%92.6%106.4%0.0%0.0%209.6%-229.6%-457-16.4K-8230.00147.33N/AN/A00241848
2023-05-31$7.50$5.00128.5%36.8%106.5%0.0%0.0%28.9%-54.5%-1.0K-5.5K-8130.00154.89N/AN/A09241848