WGS Options History — September 2023

In September 2023, WGS traded between $3.40 and $4.94. ATM implied volatility averaged 216.4%, placing in the 32.5% IV rank vs the trailing year. The 30-day expected move averaged 49.1%. IV traded above realized volatility by 153.5% (HV 20d: 62.9%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 3 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.09.

Notable Days

2023-09-13: Highest Volume — 19 contracts
2023-09-21: Largest IV spike — 169.5% change
2023-09-07: Highest IV Rank — 96.4%
2023-09-01: Largest Expected Move — 111.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$4.13	$3.40	$4.94	$4.46	$3.65
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	216.4%	81.7%	476.0%	389.0%	224.3%
Expected Move	49.1%	23.4%	111.5%	111.5%	64.3%
HV 20d	62.9%	50.5%	72.0%	72.0%	70.6%
HV 60d	80.7%	75.9%	85.2%	85.2%	77.4%
IV Rank	32.5%	0.0%	96.4%	74.9%	34.9%
IV Percentile	46.1%	0.0%	99.4%	96.8%	60.0%
Term Structure	63.3%	-69.2%	277.2%	14.0%	0.9%
VWIV	123.9%	70.3%	251.5%	112.9%	251.5%
Skew 25d	48.0%	-153.9%	208.1%	204.3%	24.0%
Skew 10d	97.1%	-103.8%	336.9%	336.9%	61.0%
Call IV 25d	178.1%	64.7%	340.7%	88.4%	100.9%
Put IV 25d	226.1%	57.3%	366.1%	292.7%	124.8%
Bid-Ask Spread %	146.79	119.21	174.64	127.88	124.50
Gamma HHI	0.26	0.21	0.42	0.29	0.26
Net GEX	-329	-907	50	-590	-208
Net DEX	36.1K	628	83.4K	54.2K	25.2K
Net VEX	-368	-566	-244	-566	-244
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.09	0.00	0.67	0.00	0.00
Total Volume	3.9	0	19	0	1
Total OI	836.9	533	1,157	1,127	533

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
2023-09-01	$4.46	$5.00	389.0%	111.5%	72.0%	74.9%	0.0%	204.3%	14.0%	-590	54.2K	-566	0.00	127.88	N/A	N/A	0	0	331	796
2023-09-05	$4.41	$5.00	322.3%	37.3%	69.5%	58.3%	0.0%	-114.4%	-3.1%	-79	80.1K	-373	0.00	142.18	N/A	N/A	0	0	331	796
2023-09-06	$4.38	$5.00	296.2%	35.1%	69.1%	51.8%	112.9%	3.0%	-16.8%	-907	69.8K	-434	0.00	139.07	N/A	N/A	2	0	331	796
2023-09-07	$4.38	$5.00	476.0%	57.6%	51.0%	96.4%	150.5%	68.9%	46.7%	-151	83.4K	-356	0.00	152.54	N/A	N/A	2	0	333	796
2023-09-08	$4.64	$5.00	208.5%	35.0%	50.5%	30.1%	100.4%	93.8%	63.4%	-773	50.7K	-458	0.00	142.24	N/A	N/A	4	0	335	796
2023-09-11	$4.72	$5.00	316.4%	55.3%	50.7%	56.8%	118.3%	208.1%	87.2%	-771	58.2K	-423	0.00	153.02	N/A	N/A	5	0	339	796
2023-09-12	$4.94	$5.00	248.0%	56.5%	53.5%	39.9%	94.4%	94.0%	12.0%	-792	21.1K	-507	0.20	143.08	N/A	N/A	5	1	342	796
2023-09-13	$4.75	$5.00	131.6%	37.7%	53.6%	11.0%	117.1%	125.2%	47.8%	-739	44.2K	-445	0.12	119.21	N/A	N/A	17	2	347	796
2023-09-14	$4.78	$5.00	112.4%	32.2%	53.3%	6.3%	70.3%	13.3%	33.0%	-865	40.9K	-418	0.00	119.29	N/A	N/A	13	0	363	794
2023-09-15	$4.58	$5.00	127.8%	36.6%	54.8%	10.1%	111.1%	171.5%	124.3%	50	44.1K	-411	0.67	145.60	N/A	N/A	3	2	356	794
2023-09-18	$4.00	$5.00	113.1%	32.4%	71.3%	6.5%	112.6%	62.1%	206.3%	7	628	-378	0.00	144.17	N/A	N/A	4	0	257	287
2023-09-19	$3.97	$5.00	213.6%	61.2%	69.6%	31.4%	251.5%	-10.3%	172.1%	-151	31.4K	-326	0.00	161.71	N/A	N/A	3	0	261	287
2023-09-20	$3.77	$5.00	81.7%	23.4%	67.2%	0.0%	0.0%	-153.9%	1.0%	15	678	-345	0.00	156.14	N/A	N/A	0	0	264	287
2023-09-21	$3.64	$5.00	220.2%	0.0%	67.9%	33.9%	0.0%	13.8%	-69.2%	-145	20.0K	-283	0.00	163.27	N/A	N/A	14	0	264	269
2023-09-22	$3.54	$5.00	172.3%	49.4%	68.1%	22.2%	0.0%	17.4%	0.9%	-91	13.3K	-283	0.00	152.63	N/A	N/A	0	0	264	269
2023-09-25	$3.60	$5.00	254.2%	72.9%	68.6%	42.2%	0.0%	74.6%	-0.9%	-140	31.0K	-261	0.00	146.62	N/A	N/A	0	0	264	269
2023-09-26	$3.59	$5.00	128.8%	36.9%	68.5%	11.5%	0.0%	-19.8%	-5.2%	-124	27.0K	-275	0.00	156.49	N/A	N/A	0	0	264	269
2023-09-27	$3.48	$5.00	99.9%	0.0%	64.6%	4.4%	0.0%	202.7%	277.2%	-36	7.5K	-303	0.00	174.64	N/A	N/A	0	0	264	269
2023-09-28	$3.40	$5.00	191.8%	0.0%	64.4%	26.9%	0.0%	-118.9%	275.1%	-82	19.1K	-262	0.00	171.45	N/A	N/A	0	0	264	269
2023-09-29	$3.65	$5.00	224.3%	64.3%	70.6%	34.9%	0.0%	24.0%	0.9%	-208	25.2K	-244	0.00	124.50	N/A	N/A	0	1	264	269