WMT Options History — January 2022

In January 2022, WMT traded between $45.19 and $48.48. ATM implied volatility averaged 21.7%, placing in the 41.6% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 5.6% (HV 20d: 16.2%). Max pain ranged from $46.67 to $46.67. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.57.

Notable Days

2022-01-05: Highest Volume — 328,764 contracts
2022-01-18: Largest IV spike — 24.3% change
2022-01-24: Highest IV Rank — 69.4%
2022-01-27: Largest Expected Move — 8.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$47.27	$45.19	$48.48	$48.14	$46.53
Max Pain	$46.67	$46.67	$46.67	$46.67	$46.67
ATM IV	21.7%	16.0%	27.5%	16.0%	24.4%
Expected Move	6.8%	4.6%	8.5%	4.6%	7.9%
HV 20d	16.2%	13.6%	18.0%	17.0%	18.0%
HV 60d	16.7%	16.1%	17.7%	16.2%	17.7%
IV Rank	41.6%	13.5%	69.4%	13.5%	56.6%
IV Percentile	63.5%	22.6%	94.0%	22.6%	89.7%
Term Structure	0.4%	-1.4%	4.2%	0.2%	-0.9%
VWIV	23.9%	16.5%	30.9%	16.5%	28.3%
Skew 25d	2.9%	1.3%	6.2%	1.4%	4.2%
Skew 10d	6.4%	2.8%	12.4%	2.8%	8.0%
Call IV 25d	20.8%	15.6%	26.1%	15.6%	22.6%
Put IV 25d	23.7%	17.0%	31.4%	17.0%	26.8%
Bid-Ask Spread %	7.83	2.31	18.76	5.63	5.34
Gamma HHI	0.12	0.08	0.29	0.14	0.10
Net GEX	61.5M	-16.5M	191.3M	102.6M	14.5M
Net DEX	-448.1M	-1.23B	567.5M	-970.7M	-75.4M
Net VEX	-9.7M	-10.3M	-9.0M	-9.9M	-9.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.57	0.24	0.95	0.44	0.61
Total Volume	189,787.05	131,922	328,764	192,033	131,922
Total OI	1,950,875.4	1,368,210	2,214,801	2,045,358	1,573,410

Daily Data (20 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
2022-01-03	$48.14	$46.67	16.0%	4.6%	17.0%	13.5%	16.5%	1.4%	0.2%	102.6M	-970.7M	-9.9M	0.44	5.63	133,107	58,926	1,252,245	793,113
2022-01-04	$47.49	$46.67	16.8%	4.8%	17.6%	17.7%	16.9%	2.1%	-0.1%	75.0M	-622.0M	-10.0M	0.38	10.93	157,836	59,235	1,294,251	801,300
2022-01-05	$48.01	$46.67	18.0%	5.1%	17.9%	23.3%	18.0%	2.1%	-0.3%	112.4M	-981.3M	-10.3M	0.33	6.54	247,464	81,300	1,318,326	814,563
2022-01-06	$47.90	$46.67	17.9%	6.0%	17.3%	22.7%	21.8%	1.9%	-0.1%	93.1M	-862.1M	-10.1M	0.54	18.76	121,650	65,616	1,314,804	826,431
2022-01-07	$48.34	$46.67	17.5%	6.0%	17.4%	21.1%	21.3%	1.6%	-0.2%	191.3M	-1.18B	-10.0M	0.36	6.50	138,276	50,235	1,324,791	834,486
2022-01-10	$48.14	$46.67	18.1%	6.2%	16.3%	24.0%	21.8%	1.4%	3.5%	90.1M	-944.5M	-9.5M	0.39	10.72	130,329	50,562	1,268,556	805,254
2022-01-11	$48.00	$46.67	17.4%	6.0%	15.0%	20.7%	21.7%	2.1%	3.7%	90.9M	-881.9M	-9.8M	0.57	12.84	102,315	58,626	1,298,844	818,772
2022-01-12	$47.80	$46.67	17.3%	6.0%	14.7%	19.9%	22.5%	1.6%	3.7%	82.3M	-734.6M	-9.8M	0.76	2.48	103,020	78,072	1,336,962	842,892
2022-01-13	$48.48	$46.67	18.5%	6.2%	15.5%	25.9%	21.9%	1.3%	3.8%	142.4M	-1.23B	-10.0M	0.36	7.78	143,238	51,603	1,356,186	853,308
2022-01-14	$48.34	$46.67	19.4%	6.3%	14.7%	30.3%	22.1%	1.6%	4.2%	128.5M	-1.10B	-9.9M	0.24	11.63	260,772	62,430	1,353,321	861,480
2022-01-18	$47.47	$46.67	24.1%	7.1%	13.6%	53.2%	24.2%	2.7%	-1.3%	54.2M	-405.1M	-9.4M	0.63	5.80	105,768	66,723	1,281,960	814,320
2022-01-19	$48.11	$46.67	23.1%	6.6%	14.1%	48.2%	23.6%	2.4%	-0.9%	90.5M	-805.7M	-9.5M	0.67	2.31	109,095	73,293	1,294,566	836,859
2022-01-20	$47.27	$46.67	24.4%	7.1%	15.6%	54.5%	24.3%	2.5%	-1.4%	15.3M	-161.0M	-9.4M	0.74	10.48	93,237	68,541	1,295,628	872,280
2022-01-21	$46.79	$46.67	26.0%	7.6%	16.1%	62.2%	26.9%	3.4%	-1.2%	-946.0K	134.1M	-9.4M	0.95	9.44	94,860	90,369	1,305,387	893,100
2022-01-24	$46.56	$46.67	27.5%	8.3%	16.2%	69.4%	28.9%	6.2%	-0.3%	-2.4M	125.8M	-9.3M	0.74	9.10	95,634	70,539	770,214	597,996
2022-01-25	$45.92	$46.67	27.4%	8.4%	16.8%	68.9%	30.9%	5.3%	-0.8%	-6.1M	318.8M	-9.3M	0.60	5.85	93,885	56,376	817,185	617,046
2022-01-26	$45.19	$46.67	27.2%	8.3%	16.4%	67.8%	29.3%	5.3%	-0.8%	-16.5M	567.5M	-9.0M	0.63	6.88	85,059	53,193	861,612	645,000
2022-01-27	$45.37	$46.67	27.4%	8.5%	16.6%	69.2%	28.9%	5.3%	-1.4%	-10.4M	470.8M	-9.4M	0.56	4.23	132,624	73,722	893,586	663,603
2022-01-28	$45.59	$46.67	26.1%	8.1%	16.6%	62.5%	29.0%	4.2%	-0.7%	-16.0M	374.1M	-9.6M	0.88	3.42	77,616	68,673	935,730	678,141
2022-01-31	$46.53	$46.67	24.4%	7.9%	18.0%	56.6%	28.3%	4.2%	-0.9%	14.5M	-75.4M	-9.6M	0.61	5.34	81,762	50,160	909,213	664,197