WGS Options History — August 2024

In August 2024, WGS traded between $28.19 and $35.67. ATM implied volatility averaged 81.5%, placing in the 10.7% IV rank vs the trailing year. The 30-day expected move averaged 24.1%. IV traded below realized volatility by 2.3% (HV 20d: 83.7%). Max pain ranged from $12.50 to $30.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 1.68.

Notable Days

  • 2024-08-30: Highest Volume — 433 contracts
  • 2024-08-02: Largest IV spike — 33.7% change
  • 2024-08-12: Highest IV Rank — 15.1%
  • 2024-08-02: Largest Expected Move — 28.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.86$28.19$35.67$32.27$31.81
Max Pain$23.86$12.50$30.00$30.00$30.00
ATM IV81.5%70.8%101.9%73.6%73.8%
Expected Move24.1%20.3%28.2%21.1%21.1%
HV 20d83.7%69.9%93.8%87.4%69.9%
HV 60d83.1%75.7%88.8%86.2%75.7%
IV Rank10.7%8.4%15.1%9.0%9.1%
IV Percentile5.4%1.2%17.6%1.2%2.0%
Term Structure5.8%-1.3%22.9%-1.3%9.8%
VWIV82.4%68.8%100.1%96.7%77.4%
Skew 25d11.1%-26.7%43.4%-26.7%-14.3%
Skew 10d21.8%-35.0%127.5%3.9%-25.6%
Call IV 25d73.5%48.8%95.9%95.9%84.8%
Put IV 25d84.6%53.1%101.1%69.2%70.4%
Bid-Ask Spread %79.5555.8795.7677.8095.76
Gamma HHI0.320.150.570.500.16
Net GEX48.3K10.1K97.1K69.2K11.2K
Net DEX-3.2M-6.0M-1.1M-3.9M-1.1M
Net VEX-10.4K-11.0K-9.8K-10.4K-10.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.680.0713.000.240.37
Total Volume183.0915543387433
Total OI3,697.1822,8634,7823,6073,419

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$32.27$30.0073.6%21.1%87.4%9.0%96.7%-26.7%-1.3%69.2K-3.9M-10.4K0.2477.80N/AN/A70172,3481,259
2024-08-02$30.14$30.0098.4%28.2%90.9%14.4%100.1%9.3%-1.1%67.9K-3.0M-10.0K0.2979.82N/AN/A265762,3421,276
2024-08-05$28.19$12.5099.3%28.2%93.8%14.6%73.2%33.2%7.8%68.7K-2.1M-9.8K0.2371.37N/AN/A255592,5111,344
2024-08-06$28.68$15.0077.0%27.7%91.6%9.8%70.0%20.9%6.2%74.2K-2.3M-10.0K0.1180.70N/AN/A162182,5981,397
2024-08-07$29.19$15.0076.7%27.2%91.0%9.7%97.1%35.9%9.4%81.6K-2.5M-10.2K1.7272.86N/AN/A47812,6321,415
2024-08-08$32.38$20.0074.3%25.0%90.0%9.2%92.3%31.8%6.5%90.4K-4.4M-10.9K0.1484.20N/AN/A5782,6491,491
2024-08-09$32.72$20.0086.5%27.2%87.7%11.8%68.8%2.6%3.8%97.1K-4.5M-10.8K0.0773.16N/AN/A166112,6591,548
2024-08-12$33.30$20.00101.9%25.7%85.6%15.1%89.7%43.4%7.3%95.3K-5.0M-10.3K0.3266.41N/AN/A306992,7621,540
2024-08-13$34.21$22.5080.3%25.5%82.9%10.5%87.4%2.5%6.6%95.5K-6.0M-10.6K1.8063.48N/AN/A841512,9781,558
2024-08-14$33.91$25.0086.1%24.7%82.7%11.7%85.7%22.3%8.0%87.0K-5.6M-11.0K0.8377.06N/AN/A30252,9981,674
2024-08-15$32.79$25.0070.8%20.3%83.7%8.4%77.5%9.2%22.9%18.6K-4.8M-10.1K0.2890.14N/AN/A239683,0001,680
2024-08-16$34.42$25.0081.7%23.4%84.6%10.8%82.4%14.9%3.4%19.3K-5.4M-10.1K0.9181.86N/AN/A58533,0371,745
2024-08-19$34.81$25.0081.6%23.4%84.2%10.8%81.5%19.0%3.8%18.8K-2.3M-10.4K0.9876.85N/AN/A94921,4691,415
2024-08-20$34.63$22.5080.7%23.1%84.1%10.6%81.3%2.2%6.9%24.7K-2.5M-9.9K3.2055.87N/AN/A15481,5181,345
2024-08-21$34.50$22.5080.3%23.0%84.0%10.5%80.0%1.2%1.1%24.7K-2.5M-10.2K13.0080.49N/AN/A6781,5371,391
2024-08-22$34.07$25.0078.9%22.6%83.2%10.2%80.3%23.1%1.9%22.0K-2.2M-10.3K4.5383.46N/AN/A321451,5391,441
2024-08-23$35.67$25.0078.3%22.5%83.3%10.1%78.4%13.2%6.7%26.1K-2.4M-10.7K2.3786.34N/AN/A27641,5411,468
2024-08-26$35.63$25.0080.3%23.0%83.3%10.5%80.2%-9.7%4.5%25.3K-2.5M-10.7K1.3288.90N/AN/A31411,5561,532
2024-08-27$35.13$30.0078.8%22.6%71.6%10.2%80.9%6.1%5.9%22.4K-2.3M-10.7K2.3387.04N/AN/A431001,5651,567
2024-08-28$31.62$30.0078.4%22.5%73.0%10.1%77.8%4.7%4.7%10.1K-1.3M-9.9K1.7286.89N/AN/A861481,6011,607
2024-08-29$32.90$30.0074.4%21.3%73.3%9.2%74.4%0.5%4.0%13.3K-1.6M-10.8K0.1489.62N/AN/A123171,6711,715
2024-08-30$31.81$30.0073.8%21.1%69.9%9.1%77.4%-14.3%9.8%11.2K-1.1M-10.9K0.3795.76N/AN/A3161171,6901,729