WM Options History — June 2022

In June 2022, WM traded between $140.29 and $159.71. ATM implied volatility averaged 24.2%, placing in the 53.4% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 2.2% (HV 20d: 22.0%). Max pain ranged from $150.00 to $160.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 1.34.

Notable Days

  • 2022-06-01: Highest Volume — 6,144 contracts
  • 2022-06-22: Largest IV spike — 19.6% change
  • 2022-06-16: Highest IV Rank — 77.2%
  • 2022-06-16: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$150.87$140.29$159.71$159.00$152.87
Max Pain$156.19$150.00$160.00$155.00$150.00
ATM IV24.2%20.2%29.8%22.5%26.8%
Expected Move6.7%5.8%8.4%6.5%6.7%
HV 20d22.0%19.1%24.9%24.1%24.9%
HV 60d25.2%23.6%26.8%25.7%26.8%
IV Rank53.4%35.9%77.2%46.0%64.6%
IV Percentile76.8%54.8%97.2%71.0%89.7%
Term Structure0.5%-2.3%4.0%-0.9%-2.3%
VWIV24.5%20.6%30.7%25.2%26.0%
Skew 25d4.7%0.4%7.5%3.2%6.5%
Skew 10d10.6%3.1%23.2%5.4%23.2%
Call IV 25d22.8%18.4%26.1%21.8%23.5%
Put IV 25d27.5%22.1%32.4%25.0%30.0%
Bid-Ask Spread %67.3155.0476.6163.1764.05
Gamma HHI0.110.060.190.120.09
Net GEX899.6K-3.5M5.0M3.7M2.1M
Net DEX-16.5M-76.5M55.9M-66.0M-35.7M
Net VEX-616.9K-718.0K-519.3K-703.5K-635.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.340.911.991.451.16
Total Volume5,056.8573,5416,1446,1445,337
Total OI31,125.90525,51335,22734,57331,841

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-06-01$159.00$155.0022.5%6.5%24.1%46.0%25.2%3.2%-0.9%3.7M-66.0M-703.5K1.4563.17N/AN/A2,5053,63919,48015,093
2022-06-02$159.32$160.0021.0%6.1%22.9%39.5%22.0%4.3%-0.5%4.3M-65.1M-718.0K1.3968.17N/AN/A2,5573,56219,70715,460
2022-06-03$158.80$160.0020.7%6.2%21.1%38.1%21.3%7.4%-0.1%4.0M-65.7M-693.4K1.3174.69N/AN/A2,6453,47419,81015,417
2022-06-06$158.03$160.0021.0%6.0%19.4%39.4%21.7%4.5%-0.1%3.6M-56.9M-683.0K1.3574.30N/AN/A2,3993,23118,15214,393
2022-06-07$159.71$160.0020.2%5.8%19.1%35.9%20.9%3.7%-0.1%5.0M-76.5M-651.2K1.0774.44N/AN/A2,5682,75118,27114,579
2022-06-08$157.30$160.0021.2%6.3%19.1%40.4%20.6%0.4%2.1%3.1M-50.9M-668.2K1.2275.90N/AN/A2,3252,83018,46014,718
2022-06-09$154.01$160.0021.7%6.2%20.4%42.6%21.6%6.0%-0.7%154.7K-16.5M-626.3K1.1876.61N/AN/A2,3432,76718,51314,755
2022-06-10$151.76$160.0024.2%7.0%20.0%53.1%24.4%4.3%0.9%-1.0M1.8M-622.7K1.3971.64N/AN/A2,2973,18618,55014,689
2022-06-13$147.54$160.0026.6%7.7%20.5%63.4%27.5%5.4%1.1%-2.0M18.2M-601.3K1.6770.49N/AN/A1,4542,43016,73413,731
2022-06-14$145.62$160.0028.4%8.1%20.8%71.2%29.2%5.8%-0.6%-2.7M30.0M-595.6K1.9972.12N/AN/A1,1842,35716,86713,662
2022-06-15$145.82$155.0025.4%7.3%20.9%58.3%27.1%5.1%0.5%-2.9M26.6M-572.6K1.8372.11N/AN/A1,2982,37516,96113,465
2022-06-16$142.07$155.0029.8%8.4%20.9%77.2%30.7%6.3%4.0%-3.5M46.5M-564.1K1.6969.70N/AN/A1,4342,42617,16313,543
2022-06-17$140.29$155.0026.8%7.5%21.0%64.3%27.3%5.5%1.8%-885.1K55.9M-519.3K1.5871.15N/AN/A2,3243,68217,12913,508
2022-06-21$144.04$155.0022.7%6.7%23.3%46.8%24.0%1.1%3.8%-109.9K8.0M-554.3K1.1255.04N/AN/A1,9252,15814,56610,947
2022-06-22$144.87$155.0027.2%6.7%23.3%66.0%24.9%7.5%-0.0%481.2K2.5M-572.5K1.3659.12N/AN/A1,5262,07915,24111,358
2022-06-23$147.25$155.0023.7%6.5%23.4%51.3%23.0%1.8%1.6%1.1M-9.3M-569.4K1.1756.84N/AN/A2,7533,21315,51411,587
2022-06-24$150.23$152.5024.2%6.5%24.7%53.1%24.6%5.2%-0.1%1.6M-33.9M-621.5K0.9158.63N/AN/A2,8402,59117,09212,904
2022-06-27$149.57$152.5024.3%6.3%24.2%53.9%23.9%3.2%-0.9%997.4K-18.7M-585.3K0.9962.40N/AN/A2,3342,31216,74712,599
2022-06-28$148.65$150.0024.9%6.6%23.3%56.1%23.5%3.3%0.2%473.9K-11.5M-597.8K1.1360.16N/AN/A2,4992,81816,89513,024
2022-06-29$151.49$150.0025.7%6.7%24.5%59.5%24.5%7.4%-0.0%1.6M-28.8M-599.5K1.1962.78N/AN/A2,6383,12817,10013,419
2022-06-30$152.87$150.0026.8%6.7%24.9%64.6%26.0%6.5%-2.3%2.1M-35.7M-635.9K1.1664.05N/AN/A2,4752,86217,34914,492