WMT Options History — July 2018

In July 2018, WMT traded between $27.93 and $29.70. ATM implied volatility averaged 19.4%, placing in the 24.6% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 3.7% (HV 20d: 15.7%). Max pain ranged from $28.33 to $29.17. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.67.

Notable Days

2018-07-09: Highest Volume — 180,642 contracts
2018-07-16: Largest IV spike — 13.8% change
2018-07-30: Highest IV Rank — 36.2%
2018-07-31: Largest Expected Move — 7.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$29.02	$27.93	$29.70	$27.93	$29.70
Max Pain	$28.64	$28.33	$29.17	$28.33	$29.17
ATM IV	19.4%	15.8%	22.0%	18.0%	21.9%
Expected Move	6.1%	5.1%	7.4%	5.2%	7.4%
HV 20d	15.7%	11.2%	17.2%	14.8%	11.2%
HV 60d	19.0%	18.0%	19.4%	18.8%	18.0%
IV Rank	24.6%	8.4%	36.2%	18.2%	35.9%
IV Percentile	56.7%	10.7%	79.8%	48.0%	78.6%
Term Structure	0.5%	-1.3%	4.4%	0.6%	-1.1%
VWIV	21.7%	18.0%	26.3%	18.3%	26.3%
Skew 25d	2.4%	1.9%	2.9%	2.4%	2.3%
Skew 10d	4.5%	3.5%	5.1%	4.9%	3.7%
Call IV 25d	18.4%	14.7%	21.0%	17.2%	20.9%
Put IV 25d	20.7%	17.1%	23.2%	19.6%	23.2%
Bid-Ask Spread %	5.16	2.31	13.92	13.92	3.27
Gamma HHI	0.12	0.08	0.17	0.09	0.15
Net GEX	57.7M	28.6M	83.6M	28.6M	56.6M
Net DEX	-453.2M	-774.8M	37.3M	37.3M	-619.6M
Net VEX	-6.7M	-7.0M	-6.5M	-6.8M	-6.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.67	0.30	1.44	0.45	0.70
Total Volume	118,789.571	84,405	180,642	161,565	108,291
Total OI	1,831,919.857	1,653,852	1,947,990	1,799,946	1,801,503

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2018-07-02	$27.93	$28.33	18.0%	5.2%	14.8%	18.2%	18.3%	2.4%	0.6%	28.6M	37.3M	-6.8M	0.45	13.92	111,189	50,376	1,083,564	716,382
2018-07-03	$28.15	$28.33	18.2%	5.1%	14.7%	19.2%	18.0%	2.9%	0.5%	38.7M	-85.5M	-7.0M	0.40	11.06	63,921	25,734	1,102,671	737,445
2018-07-05	$28.12	$28.33	18.0%	6.2%	14.7%	18.1%	22.1%	2.4%	0.8%	37.5M	-58.4M	-6.6M	0.61	4.73	54,363	33,285	1,106,049	739,806
2018-07-06	$28.16	$28.33	17.1%	6.0%	14.5%	14.3%	20.9%	2.2%	0.7%	48.7M	-71.3M	-6.6M	0.59	6.16	64,824	38,385	1,125,300	743,277
2018-07-09	$28.67	$28.33	16.3%	5.9%	15.6%	10.8%	20.7%	2.5%	4.3%	65.4M	-366.8M	-6.8M	0.48	2.31	122,094	58,548	1,107,579	726,777
2018-07-10	$29.07	$28.33	15.8%	5.7%	16.2%	8.4%	20.3%	2.4%	3.9%	71.9M	-591.4M	-6.8M	0.59	5.36	91,785	53,814	1,086,648	738,759
2018-07-11	$28.86	$28.33	17.0%	5.9%	16.4%	13.7%	21.5%	2.5%	3.4%	63.5M	-456.6M	-6.8M	0.98	4.18	49,908	49,050	1,103,883	750,657
2018-07-12	$28.80	$28.33	17.1%	5.8%	16.4%	14.3%	21.1%	2.6%	3.8%	57.8M	-395.5M	-6.7M	0.83	8.53	52,248	43,503	1,112,133	761,484
2018-07-13	$29.25	$28.33	17.6%	5.9%	17.0%	16.6%	20.6%	2.4%	4.4%	79.2M	-724.0M	-6.7M	0.52	4.76	109,323	56,586	1,122,996	769,944
2018-07-16	$29.19	$28.33	20.1%	6.0%	16.9%	27.5%	20.7%	2.7%	-0.8%	69.8M	-612.3M	-6.7M	0.63	3.64	65,523	41,061	1,103,238	758,652
2018-07-17	$29.44	$28.33	20.7%	6.1%	16.8%	30.4%	21.3%	2.7%	-1.2%	83.6M	-774.8M	-6.7M	0.52	8.16	86,457	44,688	1,119,039	767,829
2018-07-18	$29.38	$28.33	21.3%	6.1%	16.9%	32.9%	20.8%	2.1%	-1.1%	80.1M	-725.4M	-6.7M	0.30	2.43	117,336	35,787	1,131,525	778,446
2018-07-19	$29.26	$28.33	20.9%	6.1%	17.1%	31.4%	21.1%	2.3%	-1.3%	69.2M	-645.0M	-6.6M	0.73	4.52	52,764	38,517	1,147,209	781,860
2018-07-20	$29.37	$29.17	20.4%	5.9%	17.1%	28.8%	20.3%	2.4%	-0.8%	68.6M	-714.4M	-6.6M	0.69	3.42	57,804	40,110	1,155,975	792,015
2018-07-23	$29.18	$29.17	20.8%	6.2%	17.2%	30.9%	21.8%	2.2%	-0.5%	43.7M	-378.9M	-6.5M	1.44	2.63	48,963	70,278	961,305	692,547
2018-07-24	$29.30	$29.17	20.6%	6.3%	16.0%	29.8%	22.4%	2.1%	-0.7%	43.1M	-407.9M	-6.7M	0.81	2.77	46,746	37,659	978,168	739,203
2018-07-25	$29.28	$29.17	20.7%	6.4%	15.9%	30.5%	23.6%	2.1%	-0.7%	45.2M	-398.6M	-6.6M	0.48	2.76	70,533	33,561	994,914	751,599
2018-07-26	$29.41	$29.00	21.6%	6.7%	15.5%	34.5%	23.5%	1.9%	-0.9%	54.9M	-512.2M	-6.8M	0.66	4.05	106,536	70,251	1,020,663	756,405
2018-07-27	$29.38	$29.17	21.3%	6.7%	14.7%	33.1%	24.0%	2.3%	-0.9%	55.6M	-453.9M	-6.8M	1.05	6.90	51,255	53,703	1,051,635	776,205
2018-07-30	$29.60	$29.17	22.0%	7.3%	14.8%	36.2%	26.1%	2.3%	-1.1%	50.1M	-562.9M	-6.7M	0.71	2.72	51,387	36,435	1,019,616	755,412
2018-07-31	$29.70	$29.17	21.9%	7.4%	11.2%	35.9%	26.3%	2.3%	-1.1%	56.6M	-619.6M	-6.7M	0.70	3.27	63,759	44,532	1,037,976	763,527