WGS Options History — December 2023

In December 2023, WGS traded between $1.50 and $2.94. ATM implied volatility averaged 159.9%, placing in the 27.6% IV rank vs the trailing year. The 30-day expected move averaged 47.4%. IV traded above realized volatility by 16.0% (HV 20d: 143.9%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 17 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.17.

Notable Days

2023-12-21: Highest Volume — 151 contracts
2023-12-20: Largest IV spike — 237.4% change
2023-12-20: Highest IV Rank — 47.4%
2023-12-08: Largest Expected Move — 80.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$2.14	$1.50	$2.94	$1.73	$2.74
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	159.9%	74.6%	251.6%	198.0%	204.9%
Expected Move	47.4%	21.4%	80.0%	56.8%	58.7%
HV 20d	143.9%	135.0%	160.3%	144.1%	138.4%
HV 60d	131.4%	121.8%	144.0%	122.6%	142.9%
IV Rank	27.6%	9.3%	47.4%	35.9%	37.3%
IV Percentile	32.9%	0.9%	74.3%	50.7%	56.4%
Term Structure	-36.8%	-161.6%	254.2%	-114.0%	-18.3%
VWIV	162.7%	88.0%	248.5%	195.0%	131.8%
Skew 25d	87.4%	-14.6%	354.8%	354.8%	49.4%
Skew 10d	36.1%	-363.9%	354.8%	354.8%	37.6%
Call IV 25d	168.3%	84.5%	414.5%	101.7%	84.5%
Put IV 25d	255.6%	127.6%	493.4%	456.5%	133.8%
Bid-Ask Spread %	108.94	79.34	128.75	79.34	123.24
Gamma HHI	0.65	0.28	1.00	0.47	0.52
Net GEX	157	-4	1.2K	-3	23
Net DEX	-4.4K	-45.0K	20.8K	20.8K	-34.7K
Net VEX	-70	-143	-17	-35	-78
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.17	0.00	0.78	0.25	0.05
Total Volume	17.9	0	151	15	0
Total OI	547.15	444	644	595	458

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
2023-12-01	$1.73	$2.50	198.0%	56.8%	144.1%	35.9%	195.0%	0.0%	-114.0%	-3	20.8K	-35	0.25	79.34	N/A	N/A	12	3	438	157
2023-12-04	$1.75	$2.50	122.8%	53.1%	144.2%	19.6%	0.0%	0.0%	-42.5%	83	3.3K	-89	0.00	116.34	N/A	N/A	1	0	438	155
2023-12-05	$1.60	$2.50	150.8%	46.4%	141.7%	25.7%	0.0%	0.0%	-60.5%	-4	19.5K	-31	0.00	110.69	N/A	N/A	0	0	439	155
2023-12-06	$1.58	$2.50	127.8%	33.2%	141.4%	20.7%	0.0%	0.0%	-92.1%	-2	19.3K	-30	0.00	106.92	N/A	N/A	30	0	439	155
2023-12-07	$1.50	$2.50	218.9%	35.7%	141.0%	40.4%	0.0%	0.0%	-96.6%	4	19.8K	-25	0.00	97.29	N/A	N/A	0	0	468	155
2023-12-08	$1.57	$2.50	146.5%	80.0%	141.3%	24.8%	0.0%	354.8%	-64.4%	10	14.7K	-47	0.00	114.10	N/A	N/A	0	0	468	155
2023-12-11	$1.69	$2.50	170.1%	63.3%	136.5%	29.8%	0.0%	0.0%	-73.8%	92	7.4K	-83	0.00	120.97	N/A	N/A	0	0	468	155
2023-12-12	$1.77	$2.50	178.7%	40.3%	135.0%	31.7%	0.0%	0.0%	-154.7%	6	12.2K	-47	0.00	102.85	N/A	N/A	4	0	468	155
2023-12-13	$1.81	$2.50	196.4%	56.3%	135.0%	35.5%	0.0%	0.0%	-157.6%	21	19.1K	-49	0.00	110.52	N/A	N/A	0	0	468	155
2023-12-14	$1.98	$2.50	101.2%	29.0%	137.3%	15.0%	158.0%	0.0%	0.0%	103	11.9K	-41	0.00	117.05	N/A	N/A	51	0	478	116
2023-12-15	$2.34	$2.50	219.8%	63.0%	145.5%	40.5%	198.7%	33.3%	-161.6%	223	-17.4K	-114	0.20	128.75	N/A	N/A	5	1	528	116
2023-12-18	$1.91	$2.50	150.2%	43.0%	158.5%	25.5%	169.5%	0.0%	-78.5%	184	-303	-66	0.00	101.56	N/A	N/A	22	0	358	100
2023-12-19	$2.11	$2.50	74.6%	21.4%	148.8%	9.3%	88.0%	0.0%	254.2%	132	19.6K	-17	0.00	118.26	N/A	N/A	16	0	375	100
2023-12-20	$2.55	$2.50	251.6%	72.1%	160.1%	47.4%	248.5%	239.7%	188.3%	1.2K	-25.8K	-122	0.77	108.47	N/A	N/A	13	10	395	100
2023-12-21	$2.73	$2.50	134.3%	38.5%	160.3%	22.1%	133.1%	43.9%	-1.2%	436	-35.1K	-143	0.19	95.06	N/A	N/A	127	24	402	105
2023-12-22	$2.92	$2.50	141.4%	40.5%	146.3%	23.7%	141.5%	77.4%	-26.5%	47	-41.7K	-81	0.78	104.52	N/A	N/A	9	7	343	101
2023-12-26	$2.94	$2.50	145.1%	41.6%	143.8%	24.4%	0.0%	-14.6%	-10.4%	62	-45.0K	-77	0.00	98.14	N/A	N/A	1	0	352	99
2023-12-27	$2.87	$2.50	131.1%	37.6%	141.3%	21.4%	131.8%	3.8%	7.2%	278	-30.9K	-118	0.05	115.25	N/A	N/A	20	1	353	117
2023-12-28	$2.77	$2.50	133.4%	38.2%	137.9%	21.9%	0.0%	-1.0%	4.3%	225	-24.5K	-114	0.00	109.43	N/A	N/A	0	1	338	118
2023-12-29	$2.74	$2.50	204.9%	58.7%	138.4%	37.3%	0.0%	49.4%	-18.3%	23	-34.7K	-78	0.00	123.24	N/A	N/A	0	0	338	120