WGS Options History — July 2023

In July 2023, WGS traded between $5.50 and $7.94. ATM implied volatility averaged 162.7%, placing in the 12.1% IV rank vs the trailing year. The 30-day expected move averaged 47.5%. IV traded above realized volatility by 64.5% (HV 20d: 98.2%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.85.

Notable Days

2023-07-13: Highest Volume — 104 contracts
2023-07-17: Largest IV spike — 55.7% change
2023-07-26: Highest IV Rank — 18.6%
2023-07-06: Largest Expected Move — 70.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.91	$5.50	$7.94	$5.88	$7.34
Max Pain	$7.25	$5.00	$7.50	$5.00	$7.50
ATM IV	162.7%	123.8%	233.3%	192.3%	127.8%
Expected Move	47.5%	36.7%	70.7%	55.1%	36.7%
HV 20d	98.2%	82.2%	106.1%	98.1%	82.2%
HV 60d	96.5%	92.4%	99.2%	93.6%	97.9%
IV Rank	12.1%	8.0%	18.6%	11.7%	8.0%
IV Percentile	10.9%	3.0%	24.0%	7.9%	3.0%
Term Structure	-30.4%	-140.7%	47.4%	-1.1%	-14.2%
VWIV	149.4%	84.1%	217.5%	186.6%	151.7%
Skew 25d	21.8%	-66.1%	200.5%	200.5%	-52.6%
Skew 10d	13.2%	-94.1%	160.7%	-13.1%	4.2%
Call IV 25d	160.2%	83.8%	252.8%	150.1%	199.0%
Put IV 25d	182.0%	138.2%	350.7%	350.7%	146.4%
Bid-Ask Spread %	117.72	85.55	136.56	127.71	131.33
Gamma HHI	0.28	0.18	0.86	0.24	0.20
Net GEX	1.2K	-612	17.9K	-573	264
Net DEX	-52.1K	-154.6K	24.3K	4.7K	-29.5K
Net VEX	-851	-980	-772	-817	-794
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.85	0.00	5.00	0.05	0.08
Total Volume	16.7	0	104	39	13
Total OI	1,172.45	1,038	1,262	1,166	1,072

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2023-07-03	$5.88	$5.00	192.3%	55.1%	98.1%	0.0%	186.6%	200.5%	-1.1%	-573	4.7K	-817	0.05	127.71	N/A	N/A	37	2	388	778
2023-07-05	$5.75	$5.00	182.0%	52.2%	97.1%	0.0%	0.0%	176.8%	31.8%	-373	-9.8K	-788	0.00	123.30	N/A	N/A	0	0	425	780
2023-07-06	$5.50	$7.50	199.5%	70.7%	93.8%	0.0%	217.5%	51.8%	-74.9%	-393	24.3K	-790	0.00	117.93	N/A	N/A	14	0	425	780
2023-07-07	$5.51	$7.50	132.4%	37.1%	93.9%	0.0%	0.0%	30.3%	-12.5%	145	1.4K	-772	2.00	98.05	N/A	N/A	1	2	434	780
2023-07-10	$6.13	$7.50	182.7%	54.5%	101.3%	0.0%	84.1%	-7.4%	-46.3%	-612	-13.5K	-802	1.00	108.49	N/A	N/A	2	2	435	782
2023-07-11	$6.32	$7.50	123.8%	37.2%	98.7%	0.0%	134.0%	13.3%	22.6%	-302	-21.4K	-787	5.00	91.15	N/A	N/A	1	5	437	784
2023-07-12	$7.14	$7.50	167.4%	48.0%	104.4%	0.0%	0.0%	-35.5%	47.4%	1.1K	-77.0K	-841	0.00	130.64	N/A	N/A	6	0	438	785
2023-07-13	$6.96	$7.50	165.4%	47.4%	104.9%	0.0%	0.0%	-30.4%	-58.4%	649	-77.3K	-929	0.00	102.14	N/A	N/A	0	104	444	785
2023-07-14	$6.79	$7.50	131.7%	37.8%	105.2%	0.0%	0.0%	6.7%	-7.6%	442	-73.9K	-884	0.00	129.36	N/A	N/A	0	0	444	779
2023-07-17	$7.47	$7.50	205.1%	58.8%	106.1%	0.0%	0.0%	104.5%	-69.8%	2.1K	-91.7K	-899	0.00	124.90	N/A	N/A	11	0	444	779
2023-07-18	$7.48	$7.50	176.5%	50.6%	102.0%	0.0%	122.3%	-31.8%	-34.3%	2.5K	-96.5K	-924	0.00	131.18	N/A	N/A	32	0	453	779
2023-07-19	$7.94	$7.50	154.4%	44.3%	100.4%	0.0%	132.3%	41.5%	-65.1%	260	-154.6K	-895	3.33	107.41	N/A	N/A	6	20	453	779
2023-07-20	$7.51	$7.50	233.3%	66.9%	102.7%	0.0%	139.2%	33.6%	-140.7%	17.9K	-101.9K	-980	0.00	136.05	N/A	N/A	3	0	460	799
2023-07-21	$7.78	$7.50	142.1%	40.7%	102.1%	11.7%	159.2%	-4.9%	-15.3%	28	-145.4K	-893	0.67	85.55	N/A	N/A	3	2	463	799
2023-07-24	$7.79	$7.50	136.2%	39.0%	102.0%	10.2%	167.4%	17.7%	-16.5%	68	-41.4K	-908	1.50	101.01	N/A	N/A	4	6	271	769
2023-07-25	$7.46	$7.50	157.1%	45.1%	101.4%	15.5%	151.7%	-8.1%	-32.5%	-224	-26.8K	-907	0.29	115.91	N/A	N/A	17	5	269	769
2023-07-26	$7.33	$7.50	169.3%	48.5%	96.7%	18.6%	0.0%	37.5%	-87.4%	127	-48.5K	-817	0.50	122.14	N/A	N/A	2	1	286	774
2023-07-27	$7.13	$7.50	142.6%	40.9%	85.6%	11.8%	0.0%	-66.1%	-19.3%	-31	-31.7K	-820	0.00	133.58	N/A	N/A	30	0	284	773
2023-07-28	$7.02	$7.50	131.8%	37.8%	85.9%	9.0%	0.0%	-41.8%	-13.4%	6	-31.3K	-778	0.00	136.56	N/A	N/A	3	0	298	773
2023-07-31	$7.34	$7.50	127.8%	36.7%	82.2%	8.0%	0.0%	-52.6%	-14.2%	264	-29.5K	-794	0.08	131.33	N/A	N/A	12	1	299	773