WMT Options History — March 2022

In March 2022, WMT traded between $45.25 and $49.81. ATM implied volatility averaged 20.2%, placing in the 46.1% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 0.7% (HV 20d: 19.5%). Max pain ranged from $45.00 to $47.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 0.56.

Notable Days

2022-03-16: Highest Volume — 367,242 contracts
2022-03-09: Largest IV drop — 11.8% change
2022-03-07: Highest IV Rank — 82.0%
2022-03-07: Largest Expected Move — 8.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$47.72	$45.25	$49.81	$45.25	$49.81
Max Pain	$46.32	$45.00	$47.00	$46.67	$46.67
ATM IV	20.2%	15.4%	25.6%	24.5%	16.8%
Expected Move	6.5%	5.5%	8.3%	7.7%	5.7%
HV 20d	19.5%	16.5%	21.9%	16.9%	18.0%
HV 60d	17.9%	17.3%	18.6%	17.4%	18.0%
IV Rank	46.1%	14.7%	82.0%	74.7%	23.6%
IV Percentile	58.5%	15.9%	95.2%	92.1%	31.3%
Term Structure	0.1%	-0.8%	1.4%	-0.8%	0.3%
VWIV	23.0%	19.6%	28.6%	26.9%	21.0%
Skew 25d	3.2%	1.7%	5.8%	4.6%	1.7%
Skew 10d	6.5%	4.4%	9.5%	6.4%	4.4%
Call IV 25d	19.1%	15.0%	24.8%	22.4%	16.1%
Put IV 25d	22.3%	16.8%	30.6%	27.0%	17.8%
Bid-Ask Spread %	11.13	3.68	26.77	6.52	3.68
Gamma HHI	0.12	0.08	0.19	0.08	0.15
Net GEX	76.4M	7.2M	128.2M	7.2M	104.6M
Net DEX	-604.8M	-1.51B	249.0M	249.0M	-1.49B
Net VEX	-9.0M	-9.4M	-8.4M	-8.6M	-9.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.56	0.21	0.80	0.40	0.67
Total Volume	215,797.565	100,869	367,242	170,757	251,292
Total OI	1,591,667.87	1,278,024	1,720,461	1,576,458	1,590,996

Daily Data (23 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
2022-03-01	$45.25	$46.67	24.5%	7.7%	16.9%	74.7%	26.9%	4.6%	-0.8%	7.2M	249.0M	-8.6M	0.40	6.52	121,962	48,795	932,445	644,013
2022-03-02	$45.44	$46.67	22.1%	7.0%	16.5%	58.5%	23.9%	4.0%	-0.1%	14.3M	201.5M	-8.4M	0.64	4.91	61,599	39,270	950,727	656,751
2022-03-03	$46.39	$46.67	22.3%	6.8%	18.3%	59.8%	23.9%	4.1%	1.4%	51.8M	-216.5M	-8.7M	0.41	6.58	213,831	86,619	955,863	664,395
2022-03-04	$47.43	$46.67	23.2%	7.1%	20.0%	66.0%	25.0%	4.1%	-0.2%	75.5M	-746.4M	-9.3M	0.36	4.03	256,953	92,979	1,002,975	690,351
2022-03-07	$47.30	$46.67	25.6%	8.3%	19.7%	82.0%	28.6%	5.8%	0.5%	60.5M	-544.0M	-9.4M	0.42	5.66	207,429	86,145	965,394	649,485
2022-03-08	$46.31	$46.67	25.5%	8.2%	20.8%	81.3%	28.3%	3.7%	-0.1%	35.0M	-113.3M	-9.1M	0.76	5.28	80,379	61,002	1,000,608	662,586
2022-03-09	$46.72	$46.67	22.5%	7.0%	21.0%	61.5%	24.6%	3.8%	0.4%	46.9M	-228.9M	-8.9M	0.73	3.87	59,625	43,755	1,009,794	676,329
2022-03-10	$47.60	$47.00	22.3%	6.9%	21.9%	60.0%	24.8%	2.9%	-0.6%	93.2M	-656.5M	-9.0M	0.49	4.12	212,664	105,018	1,010,574	680,496
2022-03-11	$47.40	$46.67	22.6%	6.9%	21.3%	62.0%	23.7%	2.9%	0.6%	79.8M	-610.1M	-9.1M	0.39	4.19	184,941	71,442	1,025,379	693,840
2022-03-14	$48.01	$45.00	23.1%	7.2%	21.5%	64.9%	25.5%	3.3%	0.3%	91.4M	-817.2M	-9.1M	0.56	26.77	152,208	85,293	980,028	644,178
2022-03-15	$48.59	$45.00	21.8%	6.9%	21.0%	56.5%	24.2%	3.1%	-0.6%	123.9M	-1.13B	-9.2M	0.52	15.32	123,828	64,875	1,026,348	672,600
2022-03-16	$48.29	$45.00	20.5%	6.5%	21.3%	48.2%	23.3%	3.1%	-0.4%	114.6M	-935.4M	-8.9M	0.21	25.46	303,408	63,834	1,038,777	681,684
2022-03-17	$48.30	$45.00	19.3%	6.3%	21.4%	40.1%	23.5%	2.9%	0.2%	128.2M	-671.1M	-8.8M	0.50	20.13	139,545	69,816	1,000,347	691,929
2022-03-18	$48.47	$45.00	17.9%	6.0%	18.8%	31.2%	20.6%	2.8%	-0.2%	73.4M	-808.9M	-8.7M	0.47	13.24	107,490	50,301	1,004,871	708,459
2022-03-21	$48.01	$46.67	17.9%	5.8%	19.3%	31.4%	19.6%	2.8%	0.1%	66.7M	-528.8M	-8.6M	0.80	16.29	138,741	111,522	748,479	529,545
2022-03-22	$47.98	$46.67	17.1%	5.7%	18.4%	25.8%	20.6%	2.6%	-0.3%	62.5M	-481.8M	-8.8M	0.66	14.68	108,483	71,664	810,927	590,133
2022-03-23	$47.36	$46.67	17.5%	6.1%	18.7%	28.3%	21.1%	3.0%	0.4%	43.3M	-188.0M	-8.9M	0.70	13.89	105,783	74,418	839,163	611,850
2022-03-24	$47.64	$46.67	17.0%	5.7%	18.5%	25.5%	20.1%	2.5%	0.1%	63.6M	-349.8M	-8.9M	0.62	14.15	96,174	59,175	863,817	635,484
2022-03-25	$47.70	$46.67	17.0%	5.7%	18.2%	25.4%	20.2%	2.8%	-0.0%	98.4M	-374.9M	-9.1M	0.49	14.10	141,411	69,705	875,244	645,090
2022-03-28	$48.63	$46.67	16.4%	5.8%	18.6%	20.9%	20.9%	2.5%	0.2%	92.0M	-825.6M	-9.2M	0.80	11.69	96,990	77,892	845,853	631,293
2022-03-29	$49.11	$46.67	15.4%	5.6%	18.7%	14.7%	19.7%	1.8%	0.4%	111.7M	-1.14B	-9.2M	0.75	13.42	86,169	64,656	870,354	656,472
2022-03-30	$49.78	$46.67	16.0%	5.5%	19.0%	18.3%	19.9%	2.4%	0.4%	119.4M	-1.51B	-9.3M	0.57	8.10	136,878	77,385	881,367	661,068
2022-03-31	$49.81	$46.67	16.8%	5.7%	18.0%	23.6%	21.0%	1.7%	0.3%	104.6M	-1.49B	-9.4M	0.67	3.68	150,414	100,878	897,876	693,120