WGS Options History — January 2024

In January 2024, WGS traded between $2.64 and $4.40. ATM implied volatility averaged 156.0%, placing in the 26.8% IV rank vs the trailing year. The 30-day expected move averaged 42.5%. IV traded below realized volatility by 11.7% (HV 20d: 167.7%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.27.

Notable Days

  • 2024-01-08: Highest Volume — 468 contracts
  • 2024-01-12: Largest IV spike — 118.4% change
  • 2024-01-09: Highest IV Rank — 63.3%
  • 2024-01-16: Largest Expected Move — 89.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.44$2.64$4.40$2.64$3.86
Max Pain$4.05$2.50$5.00$2.50$5.00
ATM IV156.0%87.8%325.6%140.2%200.4%
Expected Move42.5%25.2%89.0%40.2%57.5%
HV 20d167.7%133.5%188.7%140.0%187.7%
HV 60d159.1%142.8%170.3%142.8%157.0%
IV Rank26.8%12.1%63.3%23.4%36.4%
IV Percentile29.2%2.8%88.8%22.4%57.2%
Term Structure-24.6%-355.1%75.7%-8.9%-40.7%
VWIV126.2%90.9%146.2%140.0%146.2%
Skew 25d-32.0%-182.2%68.2%-41.3%-108.7%
Skew 10d-7.9%-181.2%96.8%34.3%-50.1%
Call IV 25d183.7%87.1%325.1%186.4%281.5%
Put IV 25d151.7%94.5%198.2%145.0%172.8%
Bid-Ask Spread %104.9655.08153.1295.42128.66
Gamma HHI0.470.330.900.900.35
Net GEX73-20250221131
Net DEX-31.2K-56.5K-14.3K-19.3K-35.3K
Net VEX-134-172-84-105-171
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.270.001.000.000.25
Total Volume38.09504681025
Total OI503279753458330

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$2.64$2.50140.2%40.2%140.0%23.4%140.0%-41.3%-8.9%221-19.3K-1050.0095.42N/AN/A010338120
2024-01-03$2.69$2.50140.0%40.1%140.0%23.4%0.0%26.9%5.8%245-21.9K-990.00109.84N/AN/A00338115
2024-01-04$2.79$2.50127.7%39.5%133.7%20.7%0.0%-3.6%-1.8%250-24.7K-1020.0078.15N/AN/A00338115
2024-01-05$2.77$2.50105.2%40.0%133.5%15.9%0.0%48.9%-2.4%27-32.2K-840.0093.69N/AN/A20338115
2024-01-08$3.85$2.50155.4%39.5%167.4%26.7%120.6%-181.2%50.9%23-56.5K-970.18125.34N/AN/A39771340115
2024-01-09$4.40$2.50325.6%39.3%170.2%63.3%137.8%0.7%0.8%33-53.5K-1550.04104.83N/AN/A1255552172
2024-01-10$4.04$2.50141.9%40.7%176.7%23.8%0.0%-15.6%0.9%65-45.8K-1620.12131.17N/AN/A253554175
2024-01-11$3.79$2.50133.8%38.4%180.8%22.0%145.7%-3.7%3.2%53-42.2K-1620.0069.29N/AN/A180560176
2024-01-12$3.54$5.00292.2%83.8%184.6%56.2%0.0%-22.8%-325.1%31-33.6K-1490.17113.76N/AN/A61558176
2024-01-16$3.31$5.00310.3%89.0%186.7%60.1%0.0%0.4%-355.1%22-29.6K-1150.29108.05N/AN/A72558176
2024-01-17$3.70$5.0090.8%26.0%182.1%12.8%0.0%-3.7%45.6%38-36.7K-1520.67153.12N/AN/A32558176
2024-01-18$3.21$5.00117.9%33.8%173.1%18.6%133.0%-91.1%38.2%-20-27.8K-1080.84150.26N/AN/A1916561176
2024-01-19$3.27$5.00140.3%40.2%170.9%23.4%0.0%-96.2%4.2%7-31.0K-1190.0099.51N/AN/A10573180
2024-01-22$3.34$5.00116.2%33.3%159.1%18.2%0.0%-90.7%75.7%17-14.3K-1170.0085.19N/AN/A20157122
2024-01-23$3.54$5.00156.0%44.7%158.7%26.8%132.4%38.6%-61.4%56-18.6K-1520.00101.22N/AN/A20159122
2024-01-24$3.37$5.0087.8%25.2%158.8%12.1%90.9%22.1%50.5%42-16.7K-1450.0092.33N/AN/A20160122
2024-01-25$2.91$5.00122.6%35.1%167.9%19.6%123.1%-182.2%21.9%13-16.4K-1120.2455.08N/AN/A174162122
2024-01-26$3.40$5.00118.1%33.9%176.5%18.6%106.3%-48.0%-0.2%58-24.2K-1630.0392.35N/AN/A301174126
2024-01-29$4.07$5.00110.9%31.8%185.7%17.1%111.9%68.2%-15.4%100-41.2K-1671.00104.61N/AN/A11198127
2024-01-30$3.76$5.00143.2%41.1%188.7%24.0%146.2%11.2%-4.2%130-33.3K-1721.00112.20N/AN/A11201128
2024-01-31$3.86$5.00200.4%57.5%187.7%36.4%0.0%-108.7%-40.7%131-35.3K-1710.25128.66N/AN/A205201129