WGS Options History — July 2025

In July 2025, WGS traded between $77.47 and $102.50. ATM implied volatility averaged 103.9%, placing in the 46.5% IV rank vs the trailing year. The 30-day expected move averaged 29.7%. IV traded above realized volatility by 19.3% (HV 20d: 84.7%). Max pain ranged from $70.00 to $82.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 1.17.

Notable Days

2025-07-28: Highest Volume — 24,594 contracts
2025-07-29: Largest IV drop — 41.0% change
2025-07-24: Highest IV Rank — 70.7%
2025-07-25: Largest Expected Move — 42.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$85.94	$77.47	$102.50	$91.16	$100.19
Max Pain	$74.34	$70.00	$82.00	$70.00	$82.00
ATM IV	103.9%	61.1%	127.7%	93.0%	61.1%
Expected Move	29.7%	16.2%	42.2%	16.7%	18.0%
HV 20d	84.7%	54.6%	100.6%	90.9%	78.1%
HV 60d	128.6%	73.5%	143.3%	143.0%	77.5%
IV Rank	46.5%	2.9%	70.7%	35.4%	2.9%
IV Percentile	67.4%	2.8%	89.7%	61.1%	2.8%
Term Structure	-6.4%	-14.2%	0.8%	-5.3%	-1.4%
VWIV	104.3%	56.8%	156.6%	58.1%	62.8%
Skew 25d	4.5%	-3.5%	21.0%	-1.1%	0.2%
Skew 10d	9.4%	-4.7%	40.4%	-0.4%	-0.2%
Call IV 25d	101.0%	61.5%	119.4%	97.2%	61.5%
Put IV 25d	105.6%	61.7%	140.4%	96.2%	61.7%
Bid-Ask Spread %	26.10	6.90	68.19	62.31	53.89
Gamma HHI	0.10	0.06	0.17	0.14	0.16
Net GEX	1.2M	40.3K	5.5M	1.3M	4.2M
Net DEX	-68.5M	-177.5M	-14.5M	-101.0M	-146.3M
Net VEX	-520.5K	-571.9K	-477.6K	-518.5K	-477.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.17	0.13	5.60	0.85	0.22
Total Volume	3,422.682	607	24,594	1,091	1,652
Total OI	56,321.273	47,604	70,192	53,221	68,435

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-07-01	$91.16	$70.00	93.0%	16.7%	90.9%	35.4%	58.1%	-1.1%	-5.3%	1.3M	-101.0M	-518.5K	0.85	62.31	N/A	N/A	591	500	25,068	28,153
2025-07-02	$89.88	$70.00	95.9%	16.2%	91.2%	38.3%	56.8%	-0.7%	-5.4%	1.2M	-95.8M	-536.8K	0.88	68.19	N/A	N/A	737	651	25,550	28,564
2025-07-03	$92.05	$72.50	95.9%	24.9%	91.1%	38.3%	85.2%	-2.4%	-5.2%	1.5M	-106.3M	-530.2K	0.78	31.69	N/A	N/A	903	701	25,788	28,920
2025-07-07	$85.62	$72.50	100.7%	26.9%	93.5%	43.2%	92.8%	1.0%	-6.0%	704.3K	-71.3M	-547.8K	0.57	22.11	N/A	N/A	955	548	25,820	29,077
2025-07-08	$85.32	$72.50	101.9%	27.0%	93.2%	44.4%	96.7%	-0.4%	-5.9%	643.4K	-71.0M	-552.1K	0.36	23.46	N/A	N/A	661	237	26,572	29,392
2025-07-09	$92.47	$72.50	106.1%	28.8%	96.6%	48.7%	100.0%	-3.4%	-6.1%	1.3M	-112.1M	-571.9K	0.34	21.21	N/A	N/A	2,742	941	26,843	29,383
2025-07-10	$86.39	$72.50	102.1%	28.0%	99.4%	44.6%	97.5%	-3.5%	-5.5%	934.6K	-83.3M	-544.0K	0.22	23.76	N/A	N/A	686	154	28,092	29,614
2025-07-11	$83.56	$72.50	101.9%	27.9%	100.6%	44.4%	97.6%	-2.8%	-6.2%	754.5K	-64.8M	-538.6K	0.64	23.61	N/A	N/A	684	436	28,199	29,717
2025-07-14	$82.47	$72.50	105.6%	29.6%	97.0%	48.2%	103.2%	0.9%	-5.5%	966.1K	-60.9M	-525.1K	0.71	18.96	N/A	N/A	641	455	26,612	28,813
2025-07-15	$81.31	$72.50	107.4%	30.4%	96.5%	50.0%	106.5%	0.8%	-6.3%	979.2K	-55.6M	-518.7K	0.81	21.23	N/A	N/A	418	340	27,058	29,248
2025-07-16	$81.11	$72.50	112.6%	32.3%	96.3%	55.3%	112.1%	7.5%	-7.3%	925.9K	-52.4M	-519.0K	1.24	15.81	N/A	N/A	965	1,196	27,114	29,492
2025-07-17	$79.61	$72.50	118.9%	34.8%	95.8%	61.8%	117.1%	6.1%	-14.2%	859.2K	-38.3M	-511.7K	0.13	21.76	N/A	N/A	535	72	26,962	30,550
2025-07-18	$77.48	$72.50	118.2%	34.8%	96.7%	61.0%	122.0%	8.8%	-10.3%	443.6K	-25.5M	-502.6K	0.30	15.88	N/A	N/A	2,297	687	27,040	30,157
2025-07-21	$77.47	$75.00	121.1%	37.5%	96.7%	64.0%	127.5%	7.8%	0.8%	173.0K	-17.6M	-493.8K	5.60	9.28	N/A	N/A	343	1,920	20,402	27,202
2025-07-22	$79.81	$75.00	124.5%	38.8%	77.6%	67.4%	136.6%	9.1%	-8.7%	270.9K	-24.4M	-506.5K	4.40	12.80	N/A	N/A	385	1,695	20,638	27,955
2025-07-23	$82.56	$75.00	127.6%	41.2%	54.7%	70.6%	149.3%	17.2%	-9.9%	344.9K	-31.5M	-527.3K	3.62	11.82	N/A	N/A	234	847	20,852	29,540
2025-07-24	$83.68	$75.00	127.7%	41.6%	54.6%	70.7%	156.6%	18.7%	-10.5%	445.6K	-33.1M	-522.9K	1.35	8.62	N/A	N/A	651	882	20,974	30,376
2025-07-25	$79.91	$75.00	127.7%	42.2%	56.6%	70.7%	152.4%	21.0%	-11.0%	183.3K	-14.5M	-520.2K	1.36	6.90	N/A	N/A	1,127	1,538	21,443	31,247
2025-07-28	$84.25	$80.00	109.8%	38.0%	59.7%	52.5%	128.6%	13.9%	-7.5%	40.3K	-27.9M	-503.6K	0.70	13.10	N/A	N/A	14,507	10,087	21,251	32,159
2025-07-29	$91.94	$80.00	64.8%	20.0%	67.7%	6.7%	70.1%	0.3%	-0.5%	3.2M	-96.1M	-494.3K	0.43	34.80	N/A	N/A	4,755	2,049	31,770	36,834
2025-07-30	$102.50	$81.00	62.2%	18.3%	77.8%	4.1%	64.2%	0.5%	-1.8%	5.5M	-177.5M	-488.4K	0.28	53.00	N/A	N/A	10,103	2,791	32,913	37,279
2025-07-31	$100.19	$82.00	61.1%	18.0%	78.1%	2.9%	62.8%	0.2%	-1.4%	4.2M	-146.3M	-477.6K	0.22	53.89	N/A	N/A	1,359	293	31,162	37,273