WM Options History — October 2024

In October 2024, WM traded between $204.88 and $218.95. ATM implied volatility averaged 27.1%, placing in the 85.1% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 10.9% (HV 20d: 16.2%). Max pain ranged from $210.00 to $210.00. Net GEX was positive for 18 of 23 trading days. Term structure was in contango for 1 of 23 days. Put/call ratio averaged 1.46.

Notable Days

  • 2024-10-28: Highest Volume — 16,202 contracts
  • 2024-10-29: Largest IV drop — 65.9% change
  • 2024-10-02: Highest IV Rank — 100.0%
  • 2024-10-28: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$211.16$204.88$218.95$207.98$215.88
Max Pain$210.00$210.00$210.00$210.00$210.00
ATM IV27.1%19.5%57.1%22.2%21.3%
Expected Move6.8%4.6%9.0%4.9%5.0%
HV 20d16.2%13.8%23.0%14.9%22.9%
HV 60d20.1%15.2%23.6%23.1%16.6%
IV Rank85.1%18.0%100.0%89.6%22.0%
IV Percentile97.1%81.0%100.0%97.6%88.5%
Term Structure-3.4%-7.9%0.0%-0.8%-0.9%
VWIV23.9%17.0%32.9%19.0%18.5%
Skew 25d3.4%1.9%5.1%5.1%2.2%
Skew 10d8.3%3.9%16.9%12.8%3.9%
Call IV 25d23.0%16.1%30.0%21.5%17.8%
Put IV 25d26.3%18.0%33.8%26.5%19.9%
Bid-Ask Spread %71.4061.9379.3874.7679.38
Gamma HHI0.200.130.520.140.26
Net GEX2.6M-16.0M15.0M1.7M5.8M
Net DEX-75.5M-163.5M12.0M-58.0M-100.6M
Net VEX-651.1K-710.1K-602.3K-665.8K-685.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.460.066.421.050.56
Total Volume3,63957916,2025792,343
Total OI33,065.8721,53437,81433,07435,846

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-10-01$207.98$210.0022.2%4.9%14.9%89.6%19.0%5.1%-0.8%1.7M-58.0M-665.8K1.0574.76N/AN/A28329615,00218,072
2024-10-02$206.62$210.0024.6%4.8%15.0%100.0%17.0%3.7%-3.2%85.0K-47.2M-660.5K0.7274.61N/AN/A60143215,09918,151
2024-10-03$208.62$210.0023.3%6.5%15.4%90.7%24.0%3.3%-0.6%2.5M-66.7M-671.6K6.4170.75N/AN/A4793,07215,44518,443
2024-10-04$208.38$210.0023.3%6.4%14.5%90.4%23.2%2.7%-1.1%1.3M-65.1M-666.6K0.8465.76N/AN/A67556815,62618,772
2024-10-07$204.88$210.0025.3%7.2%15.0%100.0%25.0%3.9%-0.5%-3.1M-25.9M-652.0K1.0663.32N/AN/A73978515,16418,155
2024-10-08$208.85$210.0024.5%6.7%16.6%94.0%23.7%3.7%-1.0%2.8M-68.7M-638.9K0.4668.31N/AN/A67431115,49418,628
2024-10-09$212.29$210.0023.9%6.7%17.5%90.3%23.6%3.3%-1.2%6.3M-102.1M-629.8K6.4272.53N/AN/A8915,72215,67518,828
2024-10-10$211.23$210.0023.6%6.8%17.6%87.8%24.2%3.5%-3.8%-972.2K-84.5M-651.0K0.8669.70N/AN/A46039515,76621,009
2024-10-11$211.39$210.0023.3%6.7%17.6%85.5%23.3%3.2%-3.7%5.4M-95.1M-629.4K3.3473.11N/AN/A9783,26815,85521,225
2024-10-14$213.35$210.0023.9%6.9%17.8%90.1%22.2%3.1%-4.3%3.7M-98.1M-610.1K0.4271.18N/AN/A76831915,07120,159
2024-10-15$213.91$210.0024.6%7.0%14.6%94.8%24.0%2.9%-4.5%5.0M-104.7M-602.3K0.0670.39N/AN/A4,39725315,26320,281
2024-10-16$213.62$210.0024.7%7.1%14.3%95.4%24.8%3.7%-4.7%6.9M-103.6M-606.3K0.3073.44N/AN/A1,04231116,96020,346
2024-10-17$212.58$210.0024.6%7.0%14.1%94.7%24.6%3.4%-3.6%4.9M-93.8M-615.9K1.4674.14N/AN/A37655016,86120,449
2024-10-18$213.04$210.0024.6%7.0%14.0%94.5%24.2%3.5%-4.2%4.8M-99.9M-624.0K0.8374.71N/AN/A91576016,91620,898
2024-10-21$211.34$210.0025.3%7.3%14.0%100.0%24.4%3.8%-4.7%2.9M-66.0M-626.9K0.4972.52N/AN/A1,18157612,0649,470
2024-10-22$211.19$210.0027.1%7.8%14.0%100.0%26.9%3.7%-5.5%3.2M-69.3M-628.9K1.2273.54N/AN/A1,3141,60912,8439,927
2024-10-23$211.69$210.0029.3%8.4%14.0%100.0%29.3%3.7%-7.0%-176.3K-68.2M-674.9K2.7769.56N/AN/A1,9215,32913,71111,124
2024-10-24$209.50$210.0041.9%8.6%13.8%100.0%29.2%3.9%-7.3%-16.0M-23.2M-710.1K0.4870.75N/AN/A1,24360115,14514,986
2024-10-25$207.12$210.0045.1%8.5%14.5%100.0%30.4%3.1%-7.1%-1.8M12.0M-695.3K1.1568.60N/AN/A1,7311,99115,86915,179
2024-10-28$208.69$210.0057.1%9.0%14.5%100.0%32.9%3.8%-7.9%1.4M-48.1M-685.9K1.1361.93N/AN/A7,5948,60814,19512,845
2024-10-29$218.95$210.0019.5%5.0%22.3%18.0%17.6%2.2%-1.0%15.0M-163.5M-656.0K0.4376.97N/AN/A10,0724,30718,70818,691
2024-10-30$215.50$210.0020.0%4.6%23.0%19.1%18.5%1.9%0.0%7.5M-96.2M-688.8K1.2072.17N/AN/A1,3421,61517,75718,542
2024-10-31$215.88$210.0021.3%5.0%22.9%22.0%18.5%2.2%-0.9%5.8M-100.6M-685.4K0.5679.38N/AN/A1,50184217,50518,341