WMT Options History — March 2015

In March 2015, WMT traded between $26.90 and $27.98. ATM implied volatility averaged 14.6%, placing in the 46.3% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded below realized volatility by 3.4% (HV 20d: 17.9%). Max pain ranged from $27.50 to $28.33. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.72.

Notable Days

  • 2015-03-10: Highest Volume — 212,808 contracts
  • 2015-03-26: Largest IV spike — 11.1% change
  • 2015-03-31: Highest IV Rank — 61.7%
  • 2015-03-31: Largest Expected Move — 5.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.49$26.90$27.98$27.98$27.46
Max Pain$27.99$27.50$28.33$28.33$27.50
ATM IV14.6%13.1%16.3%13.6%16.3%
Expected Move4.2%3.7%5.0%4.0%5.0%
HV 20d17.9%16.7%20.1%20.1%19.0%
HV 60d18.9%18.2%19.7%18.4%19.6%
IV Rank46.3%33.2%61.7%37.7%61.7%
IV Percentile66.5%45.2%85.7%54.0%85.7%
Term Structure0.2%-0.5%1.3%0.1%0.4%
VWIV15.0%13.0%17.9%13.9%17.9%
Skew 25d1.3%0.6%1.8%1.4%1.2%
Skew 10d2.9%1.2%3.8%2.6%2.5%
Call IV 25d14.4%13.0%16.0%13.3%15.9%
Put IV 25d15.7%14.2%17.1%14.7%17.1%
Bid-Ask Spread %9.545.5417.5911.3217.59
Gamma HHI0.250.160.370.230.31
Net GEX12.3M-9.7M42.0M15.5M40.7M
Net DEX-92.7M-327.7M241.7M-214.5M-305.0M
Net VEX-4.7M-5.0M-4.5M-4.5M-5.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.720.101.601.240.44
Total Volume77,532.13627,960212,80870,854139,290
Total OI1,273,147.9091,006,6831,456,0291,286,5411,134,105

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-03-02$27.98$28.3313.6%4.0%20.1%37.7%13.9%1.4%0.1%15.5M-214.5M-4.5M1.2411.3231,67139,183693,669592,872
2015-03-03$27.76$28.3314.2%4.0%17.1%42.9%14.1%1.0%-0.5%6.0M-120.7M-4.5M1.608.4326,83542,999698,418598,482
2015-03-04$27.53$28.3314.3%4.2%16.9%44.0%14.9%0.6%-0.2%-1.3M-16.0M-4.5M0.7214.2267,81548,912702,345606,399
2015-03-05$27.86$28.3314.1%4.1%17.5%42.1%14.3%1.8%-0.3%20.3M-148.8M-4.9M1.419.1728,28739,765731,298617,748
2015-03-06$27.53$28.3314.4%4.1%17.7%44.6%14.9%1.1%0.0%271.4K30.8M-4.7M1.476.5534,77651,285734,241627,306
2015-03-09$27.63$28.3314.2%4.1%17.4%42.9%14.2%0.6%0.4%1.1M-74.0M-4.5M0.107.75122,14811,763718,527617,955
2015-03-10$27.36$28.3314.6%4.2%17.5%46.5%15.3%1.3%0.3%421.2K19.8M-4.6M0.115.54192,05120,757750,975622,134
2015-03-11$26.90$28.3315.3%4.5%17.7%52.6%15.6%1.7%0.5%-9.4M241.7M-4.5M0.687.3129,65220,154733,473630,312
2015-03-12$27.30$28.3314.5%4.2%17.5%45.8%14.9%1.6%0.1%1.6M78.7M-4.7M1.078.4420,30721,726748,587632,061
2015-03-13$27.30$28.3314.5%4.2%17.2%46.2%15.2%1.6%0.2%-3.8M86.7M-4.7M1.186.7512,84615,114748,644643,770
2015-03-16$27.76$28.3314.8%4.3%18.5%48.2%14.9%1.5%-0.1%15.4M-136.7M-4.7M0.266.9847,36112,234731,544634,926
2015-03-17$27.54$28.3315.2%4.3%18.7%51.4%15.2%1.4%-0.0%2.5M-43.6M-4.8M0.326.5626,6918,562759,843637,362
2015-03-18$27.51$28.3314.7%4.2%18.6%47.9%15.3%1.3%0.0%-9.7M-25.8M-4.8M0.3712.1663,64823,784778,002641,838
2015-03-19$27.17$27.5014.1%4.0%18.8%42.6%14.5%1.6%0.6%-5.7M130.9M-4.6M0.748.0822,53316,629793,287651,291
2015-03-20$27.75$27.5013.8%3.9%17.1%39.2%13.6%1.5%0.0%29.4M-224.1M-4.8M0.399.3452,04120,421806,082649,947
2015-03-23$27.77$27.5013.1%3.7%16.8%33.2%13.0%0.8%0.5%37.0M-324.1M-4.7M0.4712.5327,88813,047558,303448,380
2015-03-24$27.68$27.5013.3%3.7%16.7%35.5%13.0%1.3%0.2%31.4M-284.6M-4.7M0.7110.0217,88612,783559,101455,598
2015-03-25$27.11$27.5014.1%4.0%17.8%42.3%14.4%1.4%0.1%12.9M-74.4M-4.6M0.987.0224,24623,673568,794462,186
2015-03-26$27.32$27.5015.7%4.6%18.1%55.8%16.3%1.1%0.2%20.6M-170.3M-4.8M0.3412.14115,11639,651580,158474,129
2015-03-27$27.12$27.5016.1%4.7%18.3%59.5%17.1%1.1%0.0%22.9M-137.2M-5.0M0.569.8931,88117,853635,514484,389
2015-03-30$27.53$27.5015.6%4.6%19.2%55.2%16.9%1.1%1.3%42.0M-327.7M-5.0M0.6912.1141,62528,818640,191475,068
2015-03-31$27.46$27.5016.3%5.0%19.0%61.7%17.9%1.2%0.4%40.7M-305.0M-5.0M0.4417.5996,39942,891648,642485,463