WGS Options History — February 2024

In February 2024, WGS traded between $3.73 and $8.13. ATM implied volatility averaged 184.6%, placing in the 33.0% IV rank vs the trailing year. The 30-day expected move averaged 52.9%. IV traded above realized volatility by 43.6% (HV 20d: 141.0%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.45.

Notable Days

  • 2024-02-20: Highest Volume — 290 contracts
  • 2024-02-09: Largest IV spike — 109.1% change
  • 2024-02-12: Highest IV Rank — 62.8%
  • 2024-02-12: Largest Expected Move — 92.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.44$3.73$8.13$3.88$8.12
Max Pain$3.38$2.50$5.00$2.50$5.00
ATM IV184.6%91.2%323.0%155.5%91.2%
Expected Move52.9%26.1%92.6%44.1%26.1%
HV 20d141.0%118.6%188.2%187.7%118.8%
HV 60d151.6%146.9%157.0%157.0%149.6%
IV Rank33.0%12.8%62.8%26.7%12.8%
IV Percentile45.9%4.0%90.0%38.0%4.0%
Term Structure-63.3%-306.6%107.3%-24.0%107.3%
VWIV173.5%113.8%413.8%174.5%284.1%
Skew 25d13.5%-147.9%87.9%32.1%20.9%
Skew 10d18.0%-332.8%101.9%83.1%56.4%
Call IV 25d158.2%92.4%342.6%135.7%104.0%
Put IV 25d171.7%113.4%247.1%167.8%125.0%
Bid-Ask Spread %105.7472.79131.05103.4595.36
Gamma HHI0.450.320.710.410.32
Net GEX1.4K1144.5K1212.3K
Net DEX-121.3K-363.4K-25.7K-29.6K-210.9K
Net VEX-267-572-142-157-387
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.450.005.005.000.00
Total Volume67.5029068
Total OI511.35305948306729

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$3.88$2.50155.5%44.1%187.7%26.7%174.5%32.1%-24.0%121-29.6K-1575.00103.45N/AN/A15181125
2024-02-02$3.83$2.50155.0%43.9%187.9%26.6%132.0%14.0%-43.4%121-26.4K-1510.33107.26N/AN/A31181124
2024-02-05$3.75$2.50151.8%47.9%188.2%25.9%156.1%23.5%-56.0%122-27.3K-1530.50106.21N/AN/A21183124
2024-02-06$3.79$2.50170.9%45.5%147.2%30.0%0.0%28.4%-25.5%114-27.8K-1500.00106.50N/AN/A00181125
2024-02-07$3.73$2.50138.4%39.7%138.4%23.0%0.0%13.4%20.0%119-25.7K-1480.00109.28N/AN/A00181125
2024-02-08$3.84$2.50154.0%44.2%135.9%26.4%0.0%23.4%-27.7%116-26.2K-1490.00109.64N/AN/A00181125
2024-02-09$3.88$2.50322.0%92.3%134.0%62.6%413.8%-138.4%-303.6%121-28.6K-1510.00117.52N/AN/A20181125
2024-02-12$4.12$2.50323.0%92.6%132.9%62.8%130.6%79.4%-275.2%141-36.5K-1500.00131.05N/AN/A30182125
2024-02-13$3.96$2.50310.4%89.0%131.2%60.1%0.0%-147.9%-306.6%121-31.3K-1510.00122.03N/AN/A00184125
2024-02-14$4.43$2.50197.6%56.6%131.3%35.8%145.0%87.9%-36.2%159-37.6K-1480.14122.95N/AN/A71184125
2024-02-15$4.44$2.50206.0%59.1%118.6%37.6%203.7%27.2%-114.5%183-40.2K-1530.00114.99N/AN/A40187125
2024-02-16$5.04$2.50274.4%78.7%125.0%52.3%142.9%82.0%-186.5%406-59.0K-1420.06127.35N/AN/A1087191125
2024-02-20$5.30$2.50131.7%37.8%125.4%21.6%120.0%8.2%57.1%876-81.8K-2240.2677.04N/AN/A2306036294
2024-02-21$6.89$5.00123.7%35.5%151.2%19.8%126.8%-1.3%-36.1%3.1K-196.1K-3430.4572.79N/AN/A8438664121
2024-02-22$8.00$5.00200.0%57.3%153.3%36.3%208.3%14.0%-7.5%2.6K-363.4K-4600.01119.62N/AN/A2723702145
2024-02-23$7.84$5.00160.4%46.0%138.3%27.7%155.9%54.6%-40.5%3.6K-292.0K-5280.0688.99N/AN/A1267737149
2024-02-26$8.06$5.00130.8%37.5%132.7%21.4%126.1%-14.0%-55.7%4.5K-309.7K-5360.2596.34N/AN/A5514781154
2024-02-27$8.13$5.00185.5%53.2%122.8%33.1%142.8%68.6%70.6%4.2K-310.7K-5720.0792.88N/AN/A302783165
2024-02-28$7.80$5.00109.8%31.5%118.8%16.8%113.8%-5.3%18.7%4.5K-266.1K-4960.0093.58N/AN/A2751780166
2024-02-29$8.12$5.0091.2%26.1%118.8%12.8%284.1%20.9%107.3%2.3K-210.9K-3870.0095.36N/AN/A80563166