WGS Options History — April 2024

In April 2024, WGS traded between $8.80 and $16.48. ATM implied volatility averaged 141.4%, placing in the 23.7% IV rank vs the trailing year. The 30-day expected move averaged 37.4%. IV traded above realized volatility by 19.9% (HV 20d: 121.5%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 1.28.

Notable Days

  • 2024-04-30: Highest Volume — 2,753 contracts
  • 2024-04-05: Largest IV spike — 48.9% change
  • 2024-04-08: Highest IV Rank — 39.9%
  • 2024-04-29: Largest Expected Move — 56.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.50$8.80$16.48$8.80$16.48
Max Pain$9.32$7.50$10.00$7.50$10.00
ATM IV141.4%110.7%216.8%128.4%134.9%
Expected Move37.4%25.9%56.9%36.8%38.7%
HV 20d121.5%94.5%173.6%133.2%173.6%
HV 60d131.3%119.5%148.8%148.8%143.2%
IV Rank23.7%17.0%39.9%20.9%22.2%
IV Percentile34.1%11.6%75.2%23.2%36.4%
Term Structure-5.6%-111.5%89.8%1.4%-12.8%
VWIV121.4%89.3%140.7%124.8%134.2%
Skew 25d2.9%-42.1%108.4%-8.8%-0.0%
Skew 10d62.5%-39.7%248.8%-39.7%13.0%
Call IV 25d127.3%70.0%148.9%129.5%133.4%
Put IV 25d130.2%97.4%178.4%120.7%133.4%
Bid-Ask Spread %81.6731.78105.3575.5731.78
Gamma HHI0.350.210.570.290.47
Net GEX1.2K-714.6K7674.6K
Net DEX-208.5K-716.8K-108.9K-124.0K-716.8K
Net VEX-706-920-613-667-908
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.280.005.801.000.55
Total Volume163.63612,75342,753
Total OI980.6368461,2088871,208

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$8.80$7.50128.4%36.8%133.2%20.9%124.8%-8.8%1.4%767-124.0K-6671.0075.57N/AN/A22339548
2024-04-02$9.10$7.50125.8%36.1%132.6%20.3%0.0%-8.7%3.7%887-136.4K-6610.0090.96N/AN/A020341549
2024-04-03$9.50$7.50110.7%31.7%133.4%17.0%104.7%-3.7%23.3%955-145.3K-6560.0984.29N/AN/A111341569
2024-04-04$9.04$7.50128.1%37.7%130.8%20.8%0.0%-17.8%-9.9%824-132.3K-6450.0089.25N/AN/A01338570
2024-04-05$9.82$7.50190.7%37.2%133.6%34.3%126.4%1.8%-12.5%893-155.6K-6130.1186.04N/AN/A182338571
2024-04-08$10.47$7.50216.8%38.5%134.7%39.9%140.7%-42.1%-15.1%-71-209.8K-6201.1580.45N/AN/A2630345573
2024-04-09$10.76$10.00192.5%25.9%130.1%34.7%101.5%-28.0%36.1%1.4K-215.2K-6870.00105.35N/AN/A270356583
2024-04-10$11.46$10.00126.6%36.3%129.0%20.5%129.3%-12.1%-8.0%1.9K-270.0K-6622.6970.50N/AN/A1335371583
2024-04-11$11.20$10.00134.9%38.7%127.5%22.2%0.0%27.7%-17.9%1.5K-252.4K-7075.7584.00N/AN/A423374608
2024-04-12$9.49$10.00127.9%36.7%140.7%20.7%127.3%-2.8%-6.6%711-142.6K-6822.0072.71N/AN/A510374629
2024-04-15$9.69$10.00129.7%37.2%134.9%21.1%134.3%-1.2%12.1%767-158.3K-6570.4479.09N/AN/A94379639
2024-04-16$9.56$10.00124.3%35.6%113.4%20.0%0.0%12.8%-8.6%672-143.4K-6371.0079.68N/AN/A55384641
2024-04-17$9.18$10.00125.2%35.9%101.0%20.2%126.3%-9.2%-6.9%712-138.1K-6370.4473.24N/AN/A94389646
2024-04-18$9.48$10.00110.9%31.8%101.3%17.1%113.7%2.5%89.8%246-108.9K-6155.8067.36N/AN/A529384646
2024-04-19$9.54$10.00120.0%34.4%94.5%19.0%121.4%9.9%-7.7%152-112.7K-6201.0075.28N/AN/A1515382673
2024-04-22$10.38$10.00115.1%33.0%96.5%18.0%120.8%19.5%-9.2%339-151.6K-6270.1698.26N/AN/A6410262584
2024-04-23$12.03$10.00131.3%37.6%107.2%21.5%123.8%10.3%4.9%809-236.0K-6770.3389.36N/AN/A16254309593
2024-04-24$11.73$10.00169.7%48.7%108.3%29.8%123.2%-13.5%-1.8%1.6K-271.9K-9201.8088.73N/AN/A59413617
2024-04-25$11.22$10.00132.3%37.9%106.3%21.7%112.7%3.1%-33.2%1.9K-243.2K-8920.73100.86N/AN/A118416622
2024-04-26$11.07$10.00137.2%39.3%105.8%22.8%130.8%15.7%-31.9%2.1K-243.6K-8810.0593.23N/AN/A221425614
2024-04-29$11.02$10.00198.3%56.9%104.0%35.9%89.3%108.4%-111.5%2.3K-279.2K-8640.5580.83N/AN/A11061434614
2024-04-30$16.48$10.00134.9%38.7%173.6%22.2%134.2%-0.0%-12.8%4.6K-716.8K-9080.5531.78N/AN/A1,773980543665