WGS Options History — November 2024

In November 2024, WGS traded between $68.26 and $80.25. ATM implied volatility averaged 82.2%, placing in the 6.3% IV rank vs the trailing year. The 30-day expected move averaged 23.7%. IV traded below realized volatility by 59.8% (HV 20d: 142.1%). Max pain ranged from $40.00 to $57.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 0.37.

Notable Days

  • 2024-11-01: Highest Volume — 1,661 contracts
  • 2024-11-11: Largest IV spike — 28.9% change
  • 2024-11-18: Highest IV Rank — 8.2%
  • 2024-11-04: Largest Expected Move — 27.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$75.45$68.26$80.25$77.50$78.48
Max Pain$49.00$40.00$57.50$57.50$57.50
ATM IV82.2%68.2%91.2%87.6%80.4%
Expected Move23.7%22.3%27.2%25.1%23.1%
HV 20d142.1%66.6%156.6%154.4%66.6%
HV 60d104.3%102.6%106.7%102.6%103.7%
IV Rank6.3%1.3%8.2%5.7%6.6%
IV Percentile17.2%0.8%23.0%20.6%15.5%
Term Structure5.9%-1.3%13.4%4.2%1.9%
VWIV81.7%72.8%93.4%87.2%81.6%
Skew 25d9.0%-14.9%41.1%4.0%14.6%
Skew 10d10.7%-25.8%45.8%-2.4%26.0%
Call IV 25d75.8%44.2%90.0%86.2%70.4%
Put IV 25d84.7%72.4%97.1%90.2%85.1%
Bid-Ask Spread %76.9864.5287.7574.2984.07
Gamma HHI0.230.110.460.110.22
Net GEX321.8K116.4K769.6K154.6K242.6K
Net DEX-19.5M-28.5M-11.3M-22.3M-17.4M
Net VEX-42.9K-47.3K-34.5K-43.5K-44.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.060.880.170.59
Total Volume405.351011,6611,661180
Total OI8,999.45,54311,6979,7986,747

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$77.50$57.5087.6%25.1%154.4%5.7%87.2%4.0%4.2%154.6K-22.3M-43.5K0.1774.29N/AN/A1,4242374,7675,031
2024-11-04$74.83$40.0091.2%27.2%155.4%7.1%93.4%7.1%2.1%242.0K-21.2M-47.1K0.2564.52N/AN/A373925,5325,095
2024-11-05$75.44$40.0086.3%24.6%155.4%5.8%82.7%10.4%11.2%339.3K-23.0M-47.3K0.2372.80N/AN/A4391035,9245,115
2024-11-06$75.88$40.0081.9%23.5%155.4%4.7%76.4%4.0%11.0%445.9K-25.0M-46.7K0.3173.58N/AN/A3231006,2965,159
2024-11-07$75.09$40.0077.0%23.5%155.6%3.5%79.6%5.3%12.1%487.6K-23.2M-45.3K0.2577.61N/AN/A211536,2895,128
2024-11-08$77.92$40.0068.2%22.3%153.6%1.3%72.8%5.4%13.4%581.0K-27.3M-46.2K0.4577.23N/AN/A209946,3535,137
2024-11-11$73.46$40.0087.9%23.8%155.7%6.2%82.5%5.3%10.9%464.9K-21.1M-40.4K0.3975.08N/AN/A2661046,3445,144
2024-11-12$77.24$45.0086.1%23.7%156.3%5.8%81.0%6.7%10.9%624.2K-25.8M-41.7K0.4375.55N/AN/A2421056,3785,174
2024-11-13$79.09$47.5078.3%22.5%156.3%5.8%78.2%3.5%13.1%769.6K-28.5M-43.1K0.3871.63N/AN/A191736,4555,242
2024-11-14$72.84$50.0079.9%22.9%155.5%6.4%81.1%5.2%1.2%361.9K-18.4M-37.9K0.4376.08N/AN/A196846,3475,249
2024-11-15$68.26$50.0080.8%23.2%155.8%6.8%80.9%4.5%2.2%116.4K-14.8M-34.5K0.3874.74N/AN/A3081186,4165,154
2024-11-18$70.91$47.5084.6%24.3%155.3%8.2%83.2%10.6%0.4%144.5K-11.5M-36.8K0.1975.07N/AN/A5631093,7171,826
2024-11-19$70.89$50.0081.7%23.4%155.4%7.1%81.9%16.6%3.9%162.0K-12.9M-41.7K0.3173.40N/AN/A175544,0131,928
2024-11-20$69.70$55.0082.2%23.6%154.7%7.3%82.9%3.3%3.1%147.1K-11.3M-38.5K0.4979.25N/AN/A68334,0431,979
2024-11-21$72.87$55.0083.3%23.9%154.5%7.7%82.0%22.5%3.3%177.4K-13.3M-41.4K0.0681.54N/AN/A354214,1012,007
2024-11-22$79.25$55.0082.1%23.5%156.6%7.3%83.4%41.1%4.1%239.8K-18.3M-46.3K0.3679.47N/AN/A223814,3072,027
2024-11-25$79.43$55.0081.8%23.5%154.5%7.2%81.2%-14.9%4.3%238.3K-17.9M-44.6K0.8887.75N/AN/A1731534,2662,083
2024-11-26$80.25$57.5082.6%23.7%67.1%7.5%83.1%2.0%-1.3%254.3K-18.6M-45.6K0.5082.37N/AN/A2601294,3862,195
2024-11-27$79.70$57.5081.2%23.3%67.1%6.9%79.8%21.9%5.8%242.0K-17.9M-45.4K0.4083.50N/AN/A133534,3662,268
2024-11-29$78.48$57.5080.4%23.1%66.6%6.6%81.6%14.6%1.9%242.6K-17.4M-44.8K0.5984.07N/AN/A113674,4442,303