WGS Options History — October 2023

In October 2023, WGS traded between $1.85 and $3.76. ATM implied volatility averaged 192.0%, placing in the 30.7% IV rank vs the trailing year. The 30-day expected move averaged 50.4%. IV traded above realized volatility by 125.5% (HV 20d: 66.5%). Max pain ranged from $5.00 to $10.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.07.

Notable Days

  • 2023-10-31: Highest Volume — 16 contracts
  • 2023-10-25: Largest IV spike — 766.5% change
  • 2023-10-06: Highest IV Rank — 98.7%
  • 2023-10-06: Largest Expected Move — 139.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.16$1.85$3.76$3.76$1.85
Max Pain$6.25$5.00$10.00$5.00$5.00
ATM IV192.0%31.6%485.0%79.9%139.0%
Expected Move50.4%9.1%139.0%22.9%39.8%
HV 20d66.5%49.4%138.3%71.6%138.3%
HV 60d68.9%63.5%98.2%77.7%98.2%
IV Rank30.7%0.0%98.7%0.0%23.4%
IV Percentile37.0%0.0%99.4%0.0%18.5%
Term Structure-12.6%-340.8%77.9%29.4%27.5%
VWIV170.7%65.7%274.3%65.7%172.1%
Skew 25d18.7%18.7%18.7%18.7%18.7%
Skew 10d27.3%27.3%27.3%27.3%27.3%
Call IV 25d71.0%71.0%71.0%71.0%71.0%
Put IV 25d89.7%89.7%89.7%89.7%89.7%
Bid-Ask Spread %146.18114.71171.15127.72114.71
Gamma HHI0.310.200.710.220.71
Net GEX-156-264-16-170-55
Net DEX25.4K-5.3K46.2K13.8K34.2K
Net VEX-181-269-22-238-22
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.070.000.600.000.60
Total Volume1.545016116
Total OI515.545432538533432

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$3.76$5.0079.9%22.9%71.6%0.0%0.0%18.7%29.4%-17013.8K-2380.00127.72N/AN/A01264269
2023-10-03$3.59$5.000.0%0.0%72.8%0.0%0.0%0.0%43.5%-9121.9K-2690.00170.87N/AN/A10264268
2023-10-04$3.50$5.000.0%0.0%73.0%0.0%0.0%0.0%-28.4%-15425.4K-2450.00171.15N/AN/A00265268
2023-10-05$3.33$10.00435.3%48.9%74.1%86.6%0.0%0.0%0.0%-20430.4K-2210.00150.74N/AN/A10265268
2023-10-06$3.33$10.00485.0%139.0%69.4%98.7%0.0%0.0%-0.5%-24640.1K-1780.00162.13N/AN/A10264268
2023-10-09$3.22$7.50109.4%21.1%68.5%7.2%0.0%0.0%-5.3%-23238.1K-1860.00142.21N/AN/A10265268
2023-10-10$3.26$7.5095.6%21.7%65.2%3.8%0.0%0.0%-6.1%-18519.4K-2150.00160.92N/AN/A10266268
2023-10-11$3.33$7.5079.2%22.7%66.5%0.0%0.0%0.0%-7.2%-17213.2K-2150.00164.97N/AN/A10267268
2023-10-12$3.19$7.50204.8%58.7%66.4%30.5%0.0%0.0%26.7%-16517.5K-2080.00128.14N/AN/A00268268
2023-10-13$3.20$7.50126.4%36.2%66.4%11.5%0.0%0.0%26.1%-1547.4K-1970.00130.31N/AN/A00268268
2023-10-16$3.23$7.50303.3%87.0%50.3%54.5%0.0%0.0%39.5%-26246.2K-1430.00160.03N/AN/A00268268
2023-10-17$3.34$7.50199.5%57.2%52.7%29.3%65.7%0.0%-109.4%-16011.0K-2050.00125.96N/AN/A02268268
2023-10-18$3.38$5.00395.4%113.4%50.6%76.9%0.0%0.0%-12.0%-26444.9K-1500.00161.81N/AN/A00268268
2023-10-19$3.36$5.00147.0%42.1%49.4%16.5%0.0%0.0%-17.8%-16-5.3K-2610.00139.07N/AN/A00270268
2023-10-20$3.23$5.0043.9%12.6%50.3%0.0%0.0%0.0%77.9%-926.0K-1690.00158.44N/AN/A00270268
2023-10-23$2.92$5.00303.8%87.1%60.1%58.2%0.0%0.0%23.0%-15224.9K-1780.00140.77N/AN/A00213266
2023-10-24$3.09$5.0031.6%9.1%64.6%0.0%0.0%0.0%74.9%-18634.8K-1370.00139.88N/AN/A80213266
2023-10-25$2.96$5.00274.3%78.6%65.3%52.9%274.3%0.0%0.0%-21630.9K-1480.00155.73N/AN/A01216266
2023-10-26$2.93$5.00132.0%37.8%65.1%21.9%0.0%0.0%-37.8%-8426.2K-1940.00123.54N/AN/A00216267
2023-10-27$2.93$5.00144.7%41.5%58.3%24.6%0.0%0.0%-340.8%-13634.4K-1630.00147.08N/AN/A00216267
2023-10-30$2.66$5.00109.0%31.3%63.6%16.9%0.0%0.0%-56.1%-4643.0K-430.00139.83N/AN/A00216267
2023-10-31$1.85$5.00139.0%39.8%138.3%23.4%172.1%0.0%27.5%-5534.2K-220.60114.71N/AN/A106216216