WGS Options History — March 2025

In March 2025, WGS traded between $87.75 and $105.29. ATM implied volatility averaged 97.2%, placing in the 22.2% IV rank vs the trailing year. The 30-day expected move averaged 31.0%. IV traded below realized volatility by 22.7% (HV 20d: 119.9%). Max pain ranged from $77.50 to $110.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 1.11.

Notable Days

  • 2025-03-17: Highest Volume — 3,439 contracts
  • 2025-03-31: Largest IV spike — 19.7% change
  • 2025-03-31: Highest IV Rank — 37.9%
  • 2025-03-10: Largest Expected Move — 37.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$95.64$87.75$105.29$94.76$89.28
Max Pain$86.25$77.50$110.00$77.50$100.00
ATM IV97.2%83.8%121.2%95.9%121.2%
Expected Move31.0%26.3%37.0%29.1%34.5%
HV 20d119.9%79.6%158.3%155.7%79.9%
HV 60d112.6%108.9%115.1%109.0%115.1%
IV Rank22.2%13.5%37.9%21.4%37.9%
IV Percentile49.8%32.5%79.4%46.8%79.4%
Term Structure5.0%-6.5%31.3%-1.6%-6.5%
VWIV108.9%92.4%128.8%104.5%121.7%
Skew 25d10.8%5.2%19.3%5.4%19.3%
Skew 10d17.8%9.2%29.9%9.7%29.9%
Call IV 25d92.3%77.6%120.4%94.6%120.4%
Put IV 25d103.1%90.6%139.6%99.9%139.6%
Bid-Ask Spread %22.196.4748.5031.607.08
Gamma HHI0.110.060.190.110.09
Net GEX982.2K205.8K2.0M906.1K288.0K
Net DEX-40.4M-68.6M-18.4M-46.0M-18.4M
Net VEX-158.2K-192.3K-128.8K-181.3K-128.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.110.204.060.893.36
Total Volume1,068.1433943,4391,0761,174
Total OI17,886.09510,78123,04017,18610,781

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$94.76$77.5095.9%29.1%155.7%21.4%104.5%5.4%-1.6%906.1K-46.0M-181.3K0.8931.60N/AN/A56950712,6644,522
2025-03-04$99.30$77.5097.3%29.7%154.5%22.3%101.9%6.1%-2.5%997.0K-53.9M-186.0K0.2534.63N/AN/A69117512,6834,612
2025-03-05$105.29$77.5094.5%28.3%155.0%20.5%97.5%5.2%-1.7%1.2M-67.2M-192.3K0.2436.60N/AN/A54212812,8884,687
2025-03-06$95.63$77.50100.3%30.7%158.3%24.3%103.8%5.4%-1.9%986.2K-47.4M-177.5K0.2135.59N/AN/A54311513,1764,789
2025-03-07$96.77$77.5096.7%29.2%155.0%21.9%98.6%5.6%-1.4%1.0M-48.6M-174.3K0.8938.83N/AN/A1,5221,36213,1274,821
2025-03-10$91.23$77.50112.5%37.0%155.6%32.2%128.8%8.1%-3.8%653.6K-36.4M-166.2K0.7734.04N/AN/A26920713,3135,902
2025-03-11$87.75$77.50109.4%35.7%152.9%30.2%122.3%9.0%-4.5%473.1K-27.2M-151.4K0.4334.35N/AN/A28312113,2875,929
2025-03-12$92.15$77.5099.8%31.4%153.5%23.9%109.9%9.7%-5.0%633.8K-35.1M-153.9K0.3735.75N/AN/A48117913,3245,977
2025-03-13$88.20$77.5095.4%29.6%154.6%21.1%98.5%6.6%-0.9%469.9K-27.8M-144.9K0.2942.81N/AN/A40911814,5876,095
2025-03-14$97.31$77.5089.7%26.3%153.9%17.4%92.4%9.0%-2.5%1.7M-54.0M-162.6K1.5048.50N/AN/A47370914,9605,799
2025-03-17$94.38$80.0093.3%28.4%154.3%19.7%102.0%10.7%-2.3%1.3M-43.4M-151.5K1.1211.08N/AN/A1,6201,81914,1605,074
2025-03-18$91.74$80.00100.2%29.0%82.1%24.2%105.3%14.9%-2.7%873.1K-30.3M-156.3K1.078.17N/AN/A21723315,2636,761
2025-03-19$97.20$80.0095.0%28.5%85.5%20.8%98.6%13.7%-3.9%1.3M-45.7M-161.6K2.9611.13N/AN/A28283615,3006,869
2025-03-20$96.91$0.0093.4%31.2%80.6%19.7%109.9%15.7%-2.6%1.1M-43.0M-157.0K0.206.47N/AN/A65513315,4497,591
2025-03-21$102.29$95.0092.2%31.1%79.7%19.0%106.9%14.6%-4.9%2.0M-68.6M-158.3K0.478.92N/AN/A1,45468115,2757,623
2025-03-24$103.44$110.0087.2%31.1%79.6%15.7%111.7%11.8%29.5%1.6M-47.5M-154.9K0.668.19N/AN/A9226099,8562,990
2025-03-25$101.79$100.0083.8%31.3%79.9%13.5%118.5%12.9%30.6%1.7M-41.1M-152.4K4.069.83N/AN/A1144639,9083,439
2025-03-26$95.53$100.0087.1%32.5%82.2%15.7%121.3%14.1%30.7%700.1K-25.1M-141.2K1.137.99N/AN/A2973359,9403,847
2025-03-27$94.79$105.0094.9%32.7%82.1%20.7%116.7%13.0%31.3%434.7K-22.9M-138.5K1.616.62N/AN/A1512439,9874,068
2025-03-28$92.66$100.00101.3%33.5%82.0%24.9%116.9%16.0%30.8%205.8K-18.9M-132.1K0.887.77N/AN/A42136910,0784,207
2025-03-31$89.28$100.00121.2%34.5%79.9%37.9%121.7%19.3%-6.5%288.0K-18.4M-128.8K3.367.08N/AN/A2699057,6193,162