WM Options History — October 2022

In October 2022, WM traded between $154.66 and $167.74. ATM implied volatility averaged 27.1%, placing in the 59.3% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 0.4% (HV 20d: 26.8%). Max pain ranged from $160.00 to $170.00. Net GEX was positive for 4 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 1.18.

Notable Days

  • 2022-10-31: Highest Volume — 11,971 contracts
  • 2022-10-26: Largest IV drop — 8.8% change
  • 2022-10-12: Highest IV Rank — 78.1%
  • 2022-10-12: Largest Expected Move — 8.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$159.81$154.66$167.74$164.82$158.62
Max Pain$163.57$160.00$170.00$170.00$160.00
ATM IV27.1%23.5%30.8%25.2%23.9%
Expected Move7.7%6.6%8.6%6.7%7.6%
HV 20d26.8%18.0%31.1%20.3%29.2%
HV 60d20.6%17.7%21.8%17.7%21.2%
IV Rank59.3%40.4%78.1%49.4%42.7%
IV Percentile83.7%56.0%98.4%76.6%59.5%
Term Structure-0.2%-1.1%1.2%0.2%-1.1%
VWIV27.6%22.5%32.4%25.1%26.4%
Skew 25d5.5%3.0%6.5%3.8%6.4%
Skew 10d11.0%4.7%15.3%8.4%11.1%
Call IV 25d25.4%21.4%29.9%24.2%21.4%
Put IV 25d30.8%26.4%35.4%28.0%27.8%
Bid-Ask Spread %62.7457.7871.0769.5868.67
Gamma HHI0.110.070.290.120.08
Net GEX-1.7M-11.0M3.4M-1.7M-151.3K
Net DEX10.4M-92.0M117.5M-11.9M-27.2M
Net VEX-1.0M-1.1M-939.1K-1.1M-997.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.180.232.921.090.23
Total Volume6,448.3814,60811,9716,58111,971
Total OI47,458.1937,02452,70046,76042,814

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-10-03$164.82$170.0025.2%6.7%20.3%49.4%25.1%3.8%0.2%-1.7M-11.9M-1.1M1.0969.58N/AN/A3,1543,42722,32824,432
2022-10-04$167.74$170.0024.2%6.6%21.3%44.0%22.5%4.5%0.6%-828.3K-51.6M-1.1M1.0961.39N/AN/A3,4583,76322,62925,355
2022-10-05$167.20$170.0026.1%6.6%18.0%54.1%24.9%5.9%-0.3%-1.2M-44.3M-1.1M1.0669.42N/AN/A3,0213,20223,31226,234
2022-10-06$159.72$165.0027.8%7.7%23.8%62.6%28.9%6.0%-0.6%-4.7M63.5M-1.0M1.1460.11N/AN/A4,1524,72023,46126,447
2022-10-07$155.12$165.0028.6%8.1%25.2%66.7%32.3%5.4%-0.8%-11.0M117.5M-982.2K1.6258.52N/AN/A2,8594,64024,55428,146
2022-10-10$155.84$165.0029.4%8.3%25.4%70.9%31.2%6.0%-0.1%-3.6M95.8M-978.5K1.1460.59N/AN/A2,6042,97923,34726,835
2022-10-11$156.14$165.0030.0%8.5%25.3%74.2%30.5%5.3%-0.2%-3.4M55.3M-1.0M1.2359.95N/AN/A2,4162,97323,60425,894
2022-10-12$155.06$165.0030.8%8.6%25.3%78.1%32.4%5.5%-0.9%-3.5M82.7M-970.5K1.1561.34N/AN/A2,3572,71923,91226,113
2022-10-13$157.35$165.0029.3%8.3%26.2%70.4%28.1%6.0%-0.6%-3.3M57.3M-983.0K0.9757.78N/AN/A2,5212,43524,05026,161
2022-10-14$154.66$165.0029.0%8.2%26.6%69.0%29.7%5.3%-0.7%-2.8M81.7M-939.1K1.2459.60N/AN/A2,4203,01124,29926,164
2022-10-17$158.04$165.0027.9%7.9%27.7%63.1%27.5%6.4%-0.1%-2.6M50.6M-954.9K0.7263.29N/AN/A2,8912,09623,49925,180
2022-10-18$161.09$165.0027.9%7.9%28.9%62.9%27.7%6.5%0.2%-2.0M7.8M-1.0M0.9762.87N/AN/A3,9353,81924,70025,445
2022-10-19$161.37$160.0028.2%8.1%28.9%64.6%26.7%5.9%-0.2%-1.7M-12.2M-1.1M1.9060.58N/AN/A2,8545,41425,08625,853
2022-10-20$158.99$160.0028.0%8.0%29.2%63.5%26.2%5.9%-0.3%-763.4K21.1M-1.0M2.0364.28N/AN/A1,8743,80025,28525,847
2022-10-21$160.29$160.0027.1%7.8%29.1%59.2%26.0%5.9%0.2%-332.6K1.9M-1.0M0.9465.39N/AN/A2,3962,25925,33426,251
2022-10-24$163.02$160.0027.3%8.1%29.8%59.8%26.9%5.6%-0.5%2.2M-70.7M-1.0M0.6057.82N/AN/A2,8801,72819,32617,698
2022-10-25$164.97$160.0027.1%7.9%29.7%58.9%26.0%6.4%-0.7%3.4M-92.0M-1.0M0.4663.13N/AN/A4,4572,06720,42717,957
2022-10-26$160.27$160.0024.7%7.2%31.1%46.6%26.6%3.0%0.3%2.7M-49.8M-1.0M1.1560.85N/AN/A3,0243,47923,11718,818
2022-10-27$158.39$160.0023.5%7.4%30.5%40.4%26.2%4.3%1.2%1.7M-36.5M-976.7K1.1461.32N/AN/A2,3182,64723,74419,259
2022-10-28$157.25$160.0024.1%7.0%30.5%43.3%27.7%4.9%0.2%-2.7M-20.9M-980.7K2.9271.07N/AN/A1,7024,97423,92319,782
2022-10-31$158.62$160.0023.9%7.6%29.2%42.7%26.4%6.4%-1.1%-151.3K-27.2M-997.6K0.2368.67N/AN/A9,7452,22621,63021,184