WGS Options History — July 2024

In July 2024, WGS traded between $27.61 and $34.34. ATM implied volatility averaged 115.0%, placing in the 18.0% IV rank vs the trailing year. The 30-day expected move averaged 34.4%. IV traded above realized volatility by 35.9% (HV 20d: 79.1%). Max pain ranged from $25.00 to $35.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 1.07.

Notable Days

  • 2024-07-31: Highest Volume — 1,387 contracts
  • 2024-07-31: Largest IV drop — 37.9% change
  • 2024-07-30: Highest IV Rank — 25.1%
  • 2024-07-30: Largest Expected Move — 42.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.67$27.61$34.34$28.83$33.52
Max Pain$27.27$25.00$35.00$25.00$30.00
ATM IV115.0%69.3%148.0%99.5%92.0%
Expected Move34.4%26.4%42.4%28.5%26.4%
HV 20d79.1%66.8%88.4%88.4%85.8%
HV 60d120.6%82.1%131.8%131.8%85.8%
IV Rank18.0%8.1%25.1%14.6%13.0%
IV Percentile31.1%0.8%66.8%10.4%7.2%
Term Structure-6.4%-39.7%22.8%19.6%9.1%
VWIV117.0%87.6%140.1%99.5%98.6%
Skew 25d17.3%-42.5%61.9%12.6%3.5%
Skew 10d16.9%-35.0%101.9%9.5%-20.7%
Call IV 25d98.8%64.1%139.2%89.4%93.9%
Put IV 25d116.1%75.1%132.5%102.0%97.3%
Bid-Ask Spread %70.4346.4196.9884.4685.25
Gamma HHI0.460.210.770.570.24
Net GEX36.7K7.6K136.0K32.5K18.1K
Net DEX-3.6M-7.0M-1.5M-2.4M-2.3M
Net VEX-7.1K-8.3K-6.1K-6.8K-8.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.070.054.000.840.13
Total Volume236.95551,3873691,387
Total OI2,899.8641,8553,9082,5062,568

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$28.83$25.0099.5%28.5%88.4%14.6%99.5%12.6%19.6%32.5K-2.4M-6.8K0.8484.46N/AN/A2011681,4851,021
2024-07-02$27.61$25.0095.9%27.5%88.3%13.8%97.6%0.8%22.8%32.2K-2.1M-7.3K0.1463.03N/AN/A121171,6741,185
2024-07-03$27.94$25.0097.6%28.0%80.0%14.2%98.6%15.6%15.7%34.3K-2.2M-7.6K4.0092.07N/AN/A141,7131,191
2024-07-05$28.79$25.0069.3%34.5%68.1%8.1%119.0%-0.2%-6.6%36.4K-2.4M-7.5K0.0547.72N/AN/A2211,7141,194
2024-07-08$28.09$25.0080.5%34.7%67.8%10.5%123.7%55.6%-3.4%39.8K-2.2M-6.9K0.6051.69N/AN/A20121,7231,195
2024-07-09$29.74$25.00104.5%34.8%66.9%15.7%120.8%56.6%-6.5%44.9K-2.8M-7.2K0.4255.74N/AN/A33141,7411,195
2024-07-10$30.77$25.00122.2%35.0%66.8%19.5%122.3%-0.7%-11.0%49.6K-3.3M-6.8K0.0562.60N/AN/A665361,7511,203
2024-07-11$34.34$25.00121.6%34.9%74.7%19.4%121.6%4.0%-6.7%84.8K-6.2M-7.3K0.7765.14N/AN/A107822,3801,218
2024-07-12$32.42$25.00119.0%34.1%78.7%18.8%112.7%8.5%-5.1%96.5K-5.5M-7.5K2.0465.83N/AN/A25512,4351,243
2024-07-15$34.24$25.00123.4%35.4%79.7%19.8%122.6%4.3%-7.9%84.9K-6.5M-6.7K0.9246.41N/AN/A60552,4451,288
2024-07-16$32.14$30.00123.9%35.5%83.6%19.9%124.6%0.8%-9.8%136.0K-5.9M-6.8K3.1360.64N/AN/A621942,4841,340
2024-07-17$32.84$30.00109.3%31.3%81.6%16.7%111.9%40.6%-2.8%11.4K-6.8M-6.1K0.1372.12N/AN/A157212,4881,340
2024-07-18$32.89$25.00125.4%36.0%81.5%20.2%87.6%41.6%-10.1%12.1K-7.0M-6.3K0.2473.55N/AN/A5491332,5491,359
2024-07-19$31.91$25.00131.1%37.6%81.6%21.4%130.4%61.9%-13.9%12.7K-6.4M-6.4K0.1777.75N/AN/A83142,4991,281
2024-07-22$32.80$25.00134.4%38.5%81.9%22.1%128.7%45.5%-15.1%13.8K-2.2M-6.6K2.9370.63N/AN/A441291,069786
2024-07-23$33.25$25.00128.2%36.7%81.9%20.8%124.1%21.7%-11.4%13.4K-2.3M-7.1K1.1882.52N/AN/A45531,100917
2024-07-24$33.78$30.00130.0%37.3%81.0%21.2%130.5%7.3%-24.8%13.0K-2.2M-7.4K2.4175.00N/AN/A29701,114957
2024-07-25$32.67$30.00127.5%36.6%81.0%20.7%110.1%16.6%-13.2%11.1K-2.0M-7.5K0.5496.98N/AN/A41221,1281,025
2024-07-26$34.13$30.00121.5%34.8%81.8%19.4%122.3%-42.5%-8.9%11.9K-2.3M-7.7K1.7894.98N/AN/A32571,1561,047
2024-07-29$33.87$35.00125.0%35.8%79.9%20.1%127.8%34.1%-11.5%9.9K-2.2M-7.7K0.7269.01N/AN/A36261,1681,104
2024-07-30$30.25$35.00148.0%42.4%80.3%25.1%140.1%-6.7%-39.7%7.6K-1.5M-7.6K0.2756.26N/AN/A263711,1951,129
2024-07-31$33.52$30.0092.0%26.4%85.8%13.0%98.6%3.5%9.1%18.1K-2.3M-8.3K0.1385.25N/AN/A1,2251621,4031,165