WGS Options History — March 2024

In March 2024, WGS traded between $8.06 and $11.96. ATM implied volatility averaged 131.1%, placing in the 21.4% IV rank vs the trailing year. The 30-day expected move averaged 40.1%. IV traded above realized volatility by 3.1% (HV 20d: 128.0%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 5.92.

Notable Days

  • 2024-03-20: Highest Volume — 299 contracts
  • 2024-03-26: Largest IV spike — 46.4% change
  • 2024-03-01: Highest IV Rank — 37.6%
  • 2024-03-05: Largest Expected Move — 63.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.18$8.06$11.96$8.45$9.20
Max Pain$7.38$5.00$7.50$5.00$7.50
ATM IV131.1%103.0%206.2%206.2%122.0%
Expected Move40.1%29.5%63.0%59.1%35.0%
HV 20d128.0%115.9%160.6%118.2%132.6%
HV 60d147.6%139.3%149.6%149.6%148.2%
IV Rank21.4%15.4%37.6%37.6%19.5%
IV Percentile24.0%8.0%66.4%66.4%16.4%
Term Structure20.2%-104.0%140.8%101.4%-21.8%
VWIV130.4%66.9%247.5%129.9%130.6%
Skew 25d14.8%-85.5%181.9%181.9%-2.7%
Skew 10d26.7%-107.0%235.3%98.0%35.0%
Call IV 25d134.2%83.9%210.2%113.5%124.1%
Put IV 25d149.0%101.4%295.4%295.4%121.4%
Bid-Ask Spread %90.8862.00141.22100.6788.94
Gamma HHI0.330.220.500.260.31
Net GEX1.7K4294.4K2.7K814
Net DEX-211.8K-417.8K-102.4K-234.5K-138.6K
Net VEX-475-740-236-369-693
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.920.0073.750.020.00
Total Volume47.13299506
Total OI753.9384883735883

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$8.45$5.00206.2%59.1%118.2%37.6%129.9%181.9%101.4%2.7K-234.5K-3690.02100.67N/AN/A491569166
2024-03-04$8.86$7.50124.0%41.6%116.6%19.9%94.5%-85.5%30.6%2.9K-237.6K-3850.17137.05N/AN/A61567167
2024-03-05$8.77$7.50130.7%63.0%115.9%21.3%247.5%-78.5%-104.0%2.8K-240.5K-3740.04136.66N/AN/A251564167
2024-03-06$8.06$7.50114.0%37.8%124.0%17.7%0.0%-5.3%32.2%2.2K-210.2K-2360.08141.22N/AN/A121579167
2024-03-07$8.06$7.50118.5%33.2%123.2%18.7%127.8%-6.3%-20.5%2.4K-198.8K-33332.0092.87N/AN/A132585168
2024-03-08$8.36$7.50133.6%32.9%123.1%22.0%0.0%31.6%-28.8%2.3K-209.7K-3760.9172.85N/AN/A1110585200
2024-03-11$9.30$7.50141.2%51.6%124.9%23.6%128.5%-22.2%31.0%3.0K-258.2K-3380.0566.64N/AN/A442575200
2024-03-12$10.07$7.50143.2%50.5%125.4%24.0%66.9%101.0%72.3%3.9K-320.2K-3290.0780.41N/AN/A141589200
2024-03-13$10.75$7.50136.6%39.2%121.5%22.6%113.8%36.8%5.2%4.4K-368.2K-3280.0862.00N/AN/A645586201
2024-03-14$10.76$7.50112.9%32.4%120.4%17.5%87.3%39.8%35.2%972-386.4K-3690.0890.41N/AN/A262611206
2024-03-15$11.96$7.50122.0%35.0%121.2%19.5%132.5%68.1%-5.8%975-417.8K-3880.1178.53N/AN/A8710609206
2024-03-18$9.73$7.50153.8%44.1%147.8%26.3%127.6%-20.7%27.6%1.1K-178.7K-4160.66103.17N/AN/A322128797
2024-03-19$8.41$7.50132.1%37.9%160.6%21.7%121.6%-6.8%17.5%853-114.6K-5212.2688.95N/AN/A3579304167
2024-03-20$8.30$7.50114.2%32.7%133.7%17.8%168.8%-0.6%-0.6%613-102.4K-65373.75102.34N/AN/A4295315244
2024-03-21$9.21$7.50141.4%40.5%128.2%23.6%118.1%-11.5%-4.3%632-133.6K-7032.0068.68N/AN/A510317539
2024-03-22$8.73$7.50114.4%32.8%129.7%17.8%126.8%-12.3%9.8%429-107.9K-7400.2066.11N/AN/A51320543
2024-03-25$8.50$7.50104.5%30.0%129.9%15.7%186.0%17.2%92.8%548-110.0K-6790.0075.21N/AN/A30321543
2024-03-26$8.63$7.50153.0%43.9%130.0%26.2%0.0%67.7%-5.3%784-129.7K-6330.0085.90N/AN/A05320543
2024-03-27$9.46$7.50103.0%29.5%132.5%15.4%107.8%4.6%140.8%753-137.9K-6320.0079.00N/AN/A360320548
2024-03-28$9.20$7.50122.0%35.0%132.6%19.5%130.6%-2.7%-21.8%814-138.6K-6930.0088.94N/AN/A60335548