WMT Options History — November 2014

In November 2014, WMT traded between $25.42 and $29.18. ATM implied volatility averaged 14.2%, placing in the 43.4% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded below realized volatility by 3.4% (HV 20d: 17.6%). Max pain ranged from $25.00 to $28.33. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.62.

Notable Days

  • 2014-11-13: Highest Volume — 470,970 contracts
  • 2014-11-28: Largest IV spike — 10.5% change
  • 2014-11-10: Highest IV Rank — 66.7%
  • 2014-11-10: Largest Expected Move — 4.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.29$25.42$29.18$25.42$29.18
Max Pain$25.56$25.00$28.33$25.00$28.33
ATM IV14.2%12.2%16.9%15.5%13.4%
Expected Move4.0%3.9%4.2%4.1%4.1%
HV 20d17.6%11.9%19.3%18.6%19.3%
HV 60d15.7%13.8%17.9%13.8%17.9%
IV Rank43.4%25.5%66.7%54.2%36.5%
IV Percentile75.6%44.0%95.6%90.1%68.3%
Term Structure-0.4%-1.1%0.6%-0.9%-0.3%
VWIV14.4%13.1%15.6%13.7%14.3%
Skew 25d1.7%0.4%3.3%3.3%1.2%
Skew 10d3.5%1.1%5.9%5.6%2.4%
Call IV 25d13.6%11.6%16.0%13.9%13.4%
Put IV 25d15.3%13.2%17.2%17.2%14.6%
Bid-Ask Spread %12.804.5238.8713.935.91
Gamma HHI0.260.190.330.280.30
Net GEX83.5M46.0M120.6M46.0M69.9M
Net DEX-1.36B-2.21B-317.1M-317.1M-1.93B
Net VEX-4.4M-4.9M-4.1M-4.1M-4.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.151.440.550.44
Total Volume173,169.63263,009470,97094,305240,024
Total OI1,597,734.7891,361,7841,858,6381,361,7841,632,489

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-11-03$25.42$25.0015.5%4.1%18.6%54.2%13.7%3.3%-0.9%46.0M-317.1M-4.1M0.5513.9361,03233,273776,367585,417
2014-11-04$25.75$25.0015.5%3.9%19.2%54.5%14.6%2.4%-0.8%66.2M-521.6M-4.1M1.1614.9629,97934,869798,441589,446
2014-11-05$25.89$25.0015.0%4.0%18.8%50.3%14.1%2.1%-0.7%74.2M-611.2M-4.1M1.0512.8530,70832,301806,664587,826
2014-11-06$25.94$25.0014.8%4.0%18.7%48.5%15.0%2.5%-0.4%78.7M-647.5M-4.1M1.448.6827,56739,654806,487590,655
2014-11-07$26.25$25.0015.4%4.1%19.1%53.2%14.2%1.7%-0.4%77.5M-790.3M-4.3M0.3238.87165,61553,019809,427598,185
2014-11-10$26.47$25.0016.9%4.2%19.0%66.7%14.4%0.4%-1.1%81.9M-966.5M-4.1M0.2721.04239,83265,889829,221589,005
2014-11-11$26.34$25.0016.0%4.1%18.9%58.7%15.5%1.1%-0.9%86.6M-911.0M-4.1M0.8116.5358,96247,520826,878580,986
2014-11-12$26.42$25.0015.5%4.0%11.9%54.7%15.6%1.1%-0.6%104.7M-950.5M-4.8M0.3815.65180,56769,408968,034615,747
2014-11-13$27.63$25.0014.7%4.1%17.1%47.5%14.3%1.7%-0.3%94.7M-1.83B-4.3M0.5812.11298,578172,3921,023,066642,315
2014-11-14$27.65$25.0014.0%4.1%17.2%41.4%14.1%1.8%-0.5%120.6M-1.86B-4.9M0.5412.75130,19770,2091,118,865705,579
2014-11-17$27.84$25.0013.6%4.1%17.0%38.1%14.4%1.4%-0.5%95.1M-1.88B-4.9M0.7210.2566,11447,3041,103,403697,008
2014-11-18$27.94$25.0012.7%3.9%16.7%30.5%15.5%1.8%0.2%92.5M-1.94B-4.6M0.3810.88117,77444,8951,108,053702,708
2014-11-19$28.33$25.0013.9%4.1%16.8%40.4%14.9%1.4%-0.3%87.7M-2.21B-4.7M0.3710.96195,93673,3651,146,984711,654
2014-11-20$28.16$25.0013.4%4.1%17.2%36.2%14.9%1.7%0.0%77.9M-1.97B-4.5M0.4211.2183,65835,2081,106,589726,510
2014-11-21$28.21$25.0012.6%4.0%17.3%29.5%14.3%1.5%0.6%84.5M-1.97B-4.6M0.5910.9857,69334,2961,110,954734,508
2014-11-24$28.47$0.0012.6%4.0%17.3%29.6%13.6%1.6%-0.1%83.2M-1.59B-4.3M1.275.6659,64375,591909,981591,201
2014-11-25$28.36$28.3312.5%4.0%17.3%28.7%13.5%1.3%-0.2%75.7M-1.49B-4.6M0.284.52167,36746,527929,652642,375
2014-11-26$28.33$28.3312.2%3.9%17.4%25.5%13.1%1.6%0.3%88.1M-1.53B-4.9M0.155.4790,12913,128994,341659,940
2014-11-28$29.18$28.3313.4%4.1%19.3%36.5%14.3%1.2%-0.3%69.9M-1.93B-4.4M0.445.91166,97773,047970,119662,370