WGS Options History — January 2025

In January 2025, WGS traded between $68.04 and $96.53. ATM implied volatility averaged 94.3%, placing in the 12.0% IV rank vs the trailing year. The 30-day expected move averaged 26.6%. IV traded above realized volatility by 11.6% (HV 20d: 82.7%). Max pain ranged from $70.00 to $75.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.40.

Notable Days

  • 2025-01-14: Highest Volume — 6,102 contracts
  • 2025-01-10: Largest IV spike — 41.7% change
  • 2025-01-13: Highest IV Rank — 25.9%
  • 2025-01-13: Largest Expected Move — 32.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$79.09$68.04$96.53$78.22$74.98
Max Pain$71.88$70.00$75.00$72.50$72.50
ATM IV94.3%77.5%130.3%78.8%111.9%
Expected Move26.6%22.6%32.2%22.6%32.1%
HV 20d82.7%41.3%100.8%45.1%100.8%
HV 60d99.1%72.7%109.9%99.9%73.0%
IV Rank12.0%5.5%25.9%6.0%18.8%
IV Percentile38.7%9.1%80.2%12.7%62.3%
Term Structure-5.6%-18.8%4.6%4.6%-16.1%
VWIV92.7%77.8%112.8%77.8%112.8%
Skew 25d2.2%-3.7%8.0%5.0%-1.3%
Skew 10d4.8%-21.3%41.0%-2.5%-7.6%
Call IV 25d92.0%73.9%114.0%73.9%114.0%
Put IV 25d94.2%78.9%114.9%78.9%112.7%
Bid-Ask Spread %34.7622.6157.2357.2330.66
Gamma HHI0.270.100.460.150.27
Net GEX357.3K99.0K506.4K222.1K399.4K
Net DEX-17.4M-33.7M-1.5M-10.6M-19.1M
Net VEX-60.4K-78.1K-39.6K-39.6K-74.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.400.050.940.280.61
Total Volume1,356.11726,102503556
Total OI8,274.14,60511,5394,6059,541

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$78.22$72.5078.8%22.6%45.1%6.0%77.8%5.0%4.6%222.1K-10.6M-39.6K0.2857.23N/AN/A3931103,1451,460
2025-01-03$78.70$72.5093.4%26.8%41.3%11.6%89.9%0.4%0.4%212.5K-11.3M-41.8K0.4350.79N/AN/A3581553,2331,505
2025-01-06$87.55$70.0077.5%26.7%56.0%5.5%93.6%4.1%-0.1%313.3K-19.0M-42.1K0.1828.44N/AN/A1,5172793,5021,559
2025-01-07$96.53$70.0087.1%26.1%63.8%9.2%91.7%-0.7%3.6%419.9K-32.9M-48.5K0.3131.53N/AN/A9853034,6151,700
2025-01-08$96.08$75.0083.5%26.1%60.0%7.8%90.0%4.0%0.9%470.3K-33.7M-53.1K0.4627.44N/AN/A9344284,9231,871
2025-01-10$89.89$75.00118.2%27.6%65.8%21.0%95.7%4.1%-1.7%435.1K-26.4M-58.3K0.9427.83N/AN/A7917445,1902,200
2025-01-13$84.42$75.00130.3%32.2%70.7%25.9%112.6%4.0%-9.3%306.6K-16.5M-57.2K0.6822.61N/AN/A1,7791,2095,1352,853
2025-01-14$71.65$75.00124.3%31.0%92.8%23.6%107.3%8.0%-7.4%179.0K-1.5M-46.6K0.3025.02N/AN/A4,6921,4106,5862,922
2025-01-15$73.11$70.0092.4%26.5%91.3%11.3%94.8%4.3%-1.8%148.2K-4.2M-51.8K0.2023.19N/AN/A1,9693987,1123,381
2025-01-16$68.04$70.0088.5%25.4%92.4%9.8%87.7%7.5%-5.9%99.0K-2.6M-54.0K0.4538.59N/AN/A8073668,1393,197
2025-01-17$69.68$70.0086.3%24.8%93.1%9.0%85.8%2.8%-3.0%408.4K-6.1M-58.8K0.7131.34N/AN/A7205118,4943,045
2025-01-21$73.81$70.0083.3%23.9%95.6%7.8%83.3%1.4%-4.6%325.1K-14.4M-62.4K0.1238.17N/AN/A780965,2052,061
2025-01-22$75.91$70.0079.0%22.6%96.0%6.2%79.0%3.2%-1.1%440.5K-19.2M-69.1K0.5838.95N/AN/A7554415,9502,062
2025-01-23$76.97$70.0079.8%22.9%96.1%6.5%79.8%2.1%-3.5%480.7K-21.7M-74.1K0.3836.57N/AN/A4561716,3942,309
2025-01-24$79.23$70.0083.7%24.0%96.6%8.0%84.0%-1.7%-5.3%506.4K-25.8M-78.1K0.1729.63N/AN/A6711126,6812,439
2025-01-27$75.01$72.5093.3%26.7%98.6%11.7%93.5%0.9%-13.0%503.5K-20.8M-76.6K0.2440.01N/AN/A1,0872597,1442,484
2025-01-28$78.22$72.5097.4%27.9%99.1%13.2%98.3%-0.5%-16.9%427.2K-21.7M-74.6K0.1833.18N/AN/A257456,4502,622
2025-01-29$75.70$72.5096.1%27.5%99.1%12.7%96.8%0.5%-12.2%415.6K-18.7M-72.8K0.7446.60N/AN/A99736,4622,676
2025-01-30$78.12$72.50101.8%29.2%99.8%14.9%99.3%-3.7%-18.8%434.2K-22.1M-74.7K0.0537.49N/AN/A388186,5132,722
2025-01-31$74.98$72.50111.9%32.1%100.8%18.8%112.8%-1.3%-16.1%399.4K-19.1M-74.6K0.6130.66N/AN/A3452116,7982,743