WGS Options History — May 2025

In May 2025, WGS traded between $57.10 and $71.13. ATM implied volatility averaged 70.6%, placing in the 8.3% IV rank vs the trailing year. The 30-day expected move averaged 20.2%. IV traded below realized volatility by 133.9% (HV 20d: 204.5%). Max pain ranged from $70.00 to $110.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 1.78.

Notable Days

  • 2025-05-08: Highest Volume — 34,146 contracts
  • 2025-05-20: Largest IV drop — 12.3% change
  • 2025-05-07: Highest IV Rank — 17.7%
  • 2025-05-01: Largest Expected Move — 24.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$65.56$57.10$71.13$64.06$71.13
Max Pain$77.26$70.00$110.00$110.00$70.00
ATM IV70.6%61.5%84.0%84.0%62.4%
Expected Move20.2%17.6%24.8%24.8%18.0%
HV 20d204.5%66.9%225.7%224.0%66.9%
HV 60d149.6%139.9%162.1%162.1%139.9%
IV Rank8.3%0.0%17.7%15.5%0.9%
IV Percentile6.0%0.0%32.9%32.9%0.4%
Term Structure0.2%-1.8%2.1%0.5%-0.1%
VWIV70.6%62.3%85.3%85.3%62.9%
Skew 25d3.7%-4.1%12.8%12.8%-0.5%
Skew 10d7.9%-29.7%34.2%21.1%5.4%
Call IV 25d70.1%62.8%80.1%77.9%63.4%
Put IV 25d73.8%61.8%90.7%90.7%62.9%
Bid-Ask Spread %44.5432.1974.3969.9546.06
Gamma HHI0.120.070.280.180.07
Net GEX-373.0K-2.2M807.1K-1.2M807.1K
Net DEX34.9M-24.2M131.2M131.2M-16.7M
Net VEX-362.3K-544.0K-89.5K-124.0K-525.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.780.165.963.040.89
Total Volume7,983.47679434,14616,273909
Total OI54,006.66737,38667,74353,06459,831

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-05-01$64.06$110.0084.0%24.8%224.0%15.5%85.3%12.8%0.5%-1.2M131.2M-124.0K3.0469.95N/AN/A4,02412,24923,78229,282
2025-05-02$67.71$110.0076.2%21.8%224.7%14.2%72.5%10.3%1.1%-1.9M105.6M-138.6K1.8974.39N/AN/A2,7895,26325,51226,285
2025-05-05$66.61$85.0076.6%21.9%224.6%14.6%71.1%12.8%0.4%-658.1K80.0M-131.0K0.1639.02N/AN/A3,07949617,59519,791
2025-05-06$63.23$85.0079.0%22.9%223.7%17.1%78.8%11.8%1.6%-378.1K85.0M-113.6K0.7039.35N/AN/A2,7021,90117,71820,067
2025-05-07$57.18$85.0079.5%22.2%225.7%17.7%76.2%8.9%1.1%-271.2K87.2M-89.5K2.6938.68N/AN/A3,2028,61818,55219,960
2025-05-08$57.10$85.0078.9%22.7%217.4%17.0%77.9%4.7%0.7%-478.8K84.1M-137.7K5.1539.69N/AN/A5,54928,59720,89922,666
2025-05-09$58.42$75.0077.2%22.0%217.9%15.2%75.8%9.4%2.1%-781.7K81.0M-242.3K2.3036.68N/AN/A3,3587,71424,36830,004
2025-05-12$59.32$75.0072.4%20.4%215.8%10.1%76.2%6.4%-1.8%-1.5M57.9M-283.2K2.3240.48N/AN/A2,3785,50822,90129,255
2025-05-13$61.01$72.5072.8%20.5%215.7%10.5%71.2%6.9%-1.4%-1.6M47.1M-330.6K2.2742.42N/AN/A2,0444,65024,69831,238
2025-05-14$59.61$70.0067.7%19.4%215.6%5.0%67.9%5.2%-0.1%-2.2M60.0M-388.5K3.8847.24N/AN/A2,5659,96226,81535,091
2025-05-15$63.54$70.0070.5%20.3%218.0%8.0%71.3%4.5%0.0%-1.1M34.8M-427.1K5.9650.22N/AN/A3,02017,99327,67336,568
2025-05-16$68.94$70.0067.1%19.3%220.9%4.4%69.1%-3.9%0.3%518.6K2.8M-494.4K0.6443.04N/AN/A4,2222,68330,12337,620
2025-05-19$70.25$70.0071.4%20.3%220.8%9.0%71.2%-4.1%-1.5%516.7K-18.6M-521.4K0.9432.19N/AN/A3,6223,39225,84427,403
2025-05-20$70.99$70.0062.6%17.9%219.1%0.0%64.1%-1.1%1.5%514.6K-21.5M-522.2K0.4141.97N/AN/A3,3111,34226,63828,323
2025-05-21$68.06$70.0063.7%18.3%215.6%1.2%64.7%-0.5%-1.0%336.8K-5.1M-529.3K0.8538.40N/AN/A1,4461,23628,31029,230
2025-05-22$67.53$70.0061.5%17.6%214.7%0.0%62.3%-1.1%1.4%116.5K652.6K-522.5K0.5740.02N/AN/A50528928,22230,219
2025-05-23$71.03$70.0065.1%18.7%215.8%3.8%65.6%-2.4%0.3%212.5K-24.2M-544.0K0.8640.55N/AN/A1,03989228,34230,274
2025-05-27$70.75$70.0065.4%19.1%215.2%4.1%67.2%-2.6%-0.8%396.0K-15.9M-517.4K0.4943.47N/AN/A71635127,36629,264
2025-05-28$70.50$70.0065.3%18.8%214.6%4.0%67.1%-0.1%-0.5%389.0K-13.7M-503.9K0.9644.56N/AN/A1,5981,52827,58529,390
2025-05-29$69.87$70.0063.3%18.0%67.7%1.9%63.5%0.1%-0.2%461.3K-9.4M-520.8K0.4846.92N/AN/A61429728,60130,835
2025-05-30$71.13$70.0062.4%18.0%66.9%0.9%62.9%-0.5%-0.1%807.1K-16.7M-525.6K0.8946.06N/AN/A48242728,88730,944