WM Options History — June 2024

In June 2024, WM traded between $200.21 and $213.27. ATM implied volatility averaged 15.1%, placing in the 32.1% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded below realized volatility by 4.1% (HV 20d: 19.2%). Max pain ranged from $200.00 to $200.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 0.71.

Notable Days

  • 2024-06-03: Highest Volume — 7,683 contracts
  • 2024-06-26: Largest IV spike — 16.7% change
  • 2024-06-26: Highest IV Rank — 57.8%
  • 2024-06-03: Largest Expected Move — 5.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$205.97$200.21$213.27$200.84$213.27
Max Pain$200.00$200.00$200.00$200.00$200.00
ATM IV15.1%13.5%18.3%16.8%17.7%
Expected Move4.0%3.6%5.0%5.0%3.7%
HV 20d19.2%18.5%20.3%18.5%19.3%
HV 60d14.0%13.4%14.7%13.4%14.5%
IV Rank32.1%18.8%57.8%45.5%52.8%
IV Percentile52.8%31.0%79.4%68.3%75.0%
Term Structure1.1%-1.2%6.5%-0.1%-0.7%
VWIV14.3%13.0%18.0%18.0%13.0%
Skew 25d1.4%0.0%3.3%0.9%1.9%
Skew 10d3.5%1.2%6.7%5.5%6.7%
Call IV 25d14.9%12.0%17.7%16.2%17.7%
Put IV 25d16.3%13.9%20.8%17.1%19.7%
Bid-Ask Spread %78.0465.3283.9772.8378.47
Gamma HHI0.250.140.530.140.25
Net GEX7.6M-11.6M26.3M3.5M15.4M
Net DEX-86.7M-151.8M-5.4M-53.9M-151.8M
Net VEX-682.8K-781.7K-591.6K-759.0K-656.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.103.170.450.10
Total Volume3,036.6846267,6837,6836,286
Total OI36,490.84222,89143,50138,63026,766

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-06-03$200.84$200.0016.8%5.0%18.5%45.5%18.0%0.9%-0.1%3.5M-53.9M-759.0K0.4572.83N/AN/A5,3052,37824,99713,633
2024-06-04$203.32$200.0014.7%4.8%18.7%28.1%16.5%1.2%0.1%5.7M-85.3M-781.7K0.3878.40N/AN/A2,57897427,10714,912
2024-06-05$203.59$200.0014.3%4.0%18.6%25.6%14.9%1.3%-0.4%5.4M-86.6M-767.7K1.0765.32N/AN/A1,1201,19727,46915,422
2024-06-06$202.07$200.0014.5%4.2%18.7%27.1%14.6%0.4%-1.2%280.5K-57.8M-724.5K0.2483.97N/AN/A2,96571227,60715,894
2024-06-07$200.21$200.0014.5%4.0%18.9%27.0%14.0%0.9%1.7%-11.6M-5.4M-715.3K0.4683.05N/AN/A1,81184026,09015,928
2024-06-10$201.31$200.0014.2%4.1%18.8%24.6%14.3%1.0%-0.0%3.8M-38.6M-689.5K0.7083.64N/AN/A74551925,26214,290
2024-06-11$201.99$200.0014.6%4.1%18.9%27.6%14.2%0.5%-0.3%4.3M-41.8M-704.3K0.3481.47N/AN/A1,03435225,21914,549
2024-06-12$200.72$200.0013.8%4.0%18.9%21.2%13.8%0.0%0.1%993.1K-25.2M-674.7K3.1780.10N/AN/A1,7555,56625,42314,539
2024-06-13$201.00$200.0013.6%3.9%18.9%19.7%14.3%1.9%-0.0%-6.4M-20.9M-693.5K2.2779.93N/AN/A9572,17525,66716,034
2024-06-14$203.99$200.0013.9%4.1%19.1%21.8%14.3%1.1%0.8%8.0M-79.2M-668.6K1.1081.05N/AN/A1,3721,51625,91015,795
2024-06-17$206.05$200.0013.5%3.9%19.4%18.8%14.3%0.9%3.8%14.4M-101.2M-653.3K0.4580.50N/AN/A2,02490124,68614,841
2024-06-18$207.44$200.0013.9%4.0%19.4%21.7%14.2%1.5%6.5%20.2M-123.7M-696.3K0.2083.84N/AN/A1,55930924,83314,922
2024-06-20$208.69$200.0014.6%4.0%19.5%27.9%14.2%1.8%3.5%26.3M-134.7M-660.7K0.1683.05N/AN/A1,13318124,53114,963
2024-06-21$208.90$200.0014.8%3.9%19.3%29.1%13.8%1.8%3.2%17.0M-124.3M-615.5K0.4676.52N/AN/A1,01046224,23415,016
2024-06-24$212.50$200.0016.5%3.8%20.3%43.4%13.3%2.0%0.5%8.5M-127.7M-591.6K0.7670.50N/AN/A1,26395913,4569,435
2024-06-25$212.22$200.0015.7%3.9%20.2%36.4%13.6%1.4%1.8%8.7M-125.4M-637.2K0.4372.13N/AN/A1,17450114,0369,989
2024-06-26$212.38$200.0018.3%3.7%19.8%57.8%13.3%2.7%0.8%9.3M-127.8M-627.4K0.4574.59N/AN/A43319314,60610,178
2024-06-27$212.88$200.0017.7%3.6%19.4%52.9%13.0%3.3%0.1%10.4M-136.1M-655.9K0.2273.46N/AN/A2,80863014,80910,278
2024-06-28$213.27$200.0017.7%3.7%19.3%52.8%13.0%1.9%-0.7%15.4M-151.8M-656.0K0.1078.47N/AN/A5,73854816,33210,434