WMT Options History — December 2022

In December 2022, WMT traded between $47.09 and $51.11. ATM implied volatility averaged 18.7%, placing in the 16.9% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded below realized volatility by 1.0% (HV 20d: 19.7%). Max pain ranged from $46.67 to $48.33. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 1.23.

Notable Days

2022-12-07: Highest Volume — 332,583 contracts
2022-12-22: Largest IV spike — 12.1% change
2022-12-28: Highest IV Rank — 25.8%
2022-12-28: Largest Expected Move — 5.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$48.71	$47.09	$51.11	$51.11	$47.21
Max Pain	$47.17	$46.67	$48.33	$48.33	$47.00
ATM IV	18.7%	17.1%	20.4%	17.5%	19.7%
Expected Move	5.4%	4.9%	5.8%	5.2%	5.5%
HV 20d	19.7%	13.7%	27.7%	26.7%	14.9%
HV 60d	22.4%	21.5%	23.2%	22.7%	21.6%
IV Rank	16.9%	9.0%	25.8%	10.9%	22.1%
IV Percentile	15.6%	6.0%	26.2%	8.3%	23.0%
Term Structure	0.3%	-0.7%	0.9%	0.2%	0.4%
VWIV	19.5%	17.1%	22.1%	19.2%	20.2%
Skew 25d	3.3%	2.8%	3.8%	3.1%	3.6%
Skew 10d	6.4%	5.4%	7.4%	6.2%	7.1%
Call IV 25d	17.3%	15.8%	18.4%	16.2%	18.1%
Put IV 25d	20.6%	18.9%	22.3%	19.3%	21.7%
Bid-Ask Spread %	1.88	1.52	3.20	2.37	1.95
Gamma HHI	0.11	0.06	0.26	0.26	0.08
Net GEX	-3.0M	-52.3M	89.5M	89.5M	-39.6M
Net DEX	-495.8M	-2.01B	251.7M	-2.01B	202.1M
Net VEX	-10.2M	-10.7M	-9.7M	-9.8M	-9.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.23	0.59	2.12	1.54	1.10
Total Volume	171,188	79,461	332,583	318,144	102,138
Total OI	2,040,076.143	1,802,769	2,187,606	2,044,095	1,960,167

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
2022-12-01	$51.11	$48.33	17.5%	5.2%	26.7%	10.9%	19.2%	3.1%	0.2%	89.5M	-2.01B	-9.8M	1.54	2.37	125,178	192,966	1,032,426	1,011,669
2022-12-02	$51.02	$48.33	17.1%	5.1%	26.7%	9.0%	18.0%	2.8%	0.3%	72.8M	-2.01B	-10.4M	1.11	2.17	80,550	89,094	1,073,997	1,111,527
2022-12-05	$50.39	$46.67	18.8%	5.5%	27.3%	17.6%	20.6%	3.3%	0.5%	42.2M	-1.48B	-10.7M	1.39	1.74	69,663	96,702	1,041,195	1,073,457
2022-12-06	$49.91	$46.67	18.9%	5.6%	27.6%	18.4%	22.1%	3.4%	0.6%	18.4M	-1.19B	-10.6M	1.24	1.80	97,017	120,456	1,058,271	1,100,838
2022-12-07	$49.63	$46.67	19.1%	5.6%	27.7%	19.3%	21.7%	3.1%	0.6%	-24.0M	-963.1M	-10.7M	0.60	1.66	207,984	124,599	1,060,503	1,127,103
2022-12-08	$49.58	$46.67	18.9%	5.4%	26.0%	18.0%	19.5%	3.3%	0.6%	-14.7M	-751.8M	-10.6M	1.08	1.52	65,661	71,226	1,016,805	1,139,136
2022-12-09	$48.56	$46.67	19.1%	5.7%	26.7%	19.3%	20.2%	3.1%	0.7%	-42.7M	17.3M	-10.4M	1.38	1.88	99,135	136,500	1,019,748	1,151,511
2022-12-12	$49.32	$46.67	19.2%	5.3%	27.1%	19.6%	19.5%	3.7%	-0.7%	17.0M	-722.5M	-10.3M	1.07	1.73	57,870	62,019	991,665	1,070,187
2022-12-13	$49.19	$46.67	18.5%	5.1%	25.4%	15.8%	19.4%	3.4%	-0.7%	10.9M	-633.6M	-10.1M	0.95	1.61	85,254	81,042	996,363	1,095,051
2022-12-14	$48.88	$46.67	17.8%	5.3%	13.7%	12.2%	18.2%	3.5%	0.9%	-384.3K	-424.4M	-10.1M	0.62	1.70	76,893	47,841	1,020,396	1,113,393
2022-12-15	$48.34	$46.67	18.7%	5.4%	14.2%	17.0%	19.1%	3.3%	-0.0%	-20.9M	-107.2M	-10.0M	1.46	1.89	71,625	104,700	1,027,425	1,124,472
2022-12-16	$47.80	$46.67	18.4%	5.1%	14.6%	15.4%	19.1%	3.1%	-0.6%	-52.3M	209.0M	-9.9M	2.02	1.60	70,128	141,765	1,035,471	1,128,453
2022-12-19	$47.53	$46.67	18.3%	5.2%	13.7%	15.0%	18.7%	3.3%	0.3%	-27.6M	52.7M	-9.7M	0.94	2.05	74,070	69,954	875,817	926,952
2022-12-20	$48.07	$46.67	18.0%	5.2%	14.1%	13.6%	17.9%	3.5%	0.5%	-8.1M	-228.6M	-10.0M	1.60	1.98	88,809	142,320	901,554	943,581
2022-12-21	$48.32	$48.33	17.2%	4.9%	14.2%	9.1%	17.1%	3.3%	0.4%	10.7M	-378.9M	-10.3M	0.59	1.75	62,640	37,146	926,976	1,013,802
2022-12-22	$47.73	$48.33	19.2%	5.5%	14.3%	19.9%	20.7%	3.4%	0.4%	-17.8M	-48.7M	-10.3M	1.22	3.20	77,067	94,341	937,293	1,020,309
2022-12-23	$47.82	$47.67	18.3%	5.2%	14.4%	14.8%	18.6%	3.3%	0.5%	-12.6M	-69.6M	-10.3M	1.05	1.65	41,481	43,665	944,250	1,031,634
2022-12-27	$47.95	$47.67	19.1%	5.4%	13.9%	18.9%	20.1%	3.4%	0.5%	-9.0M	-200.9M	-9.9M	1.76	1.68	36,249	63,654	896,754	988,479
2022-12-28	$47.09	$47.67	20.4%	5.8%	14.9%	25.8%	19.2%	3.8%	0.2%	-34.2M	251.7M	-9.9M	2.12	1.69	65,973	140,112	906,291	1,004,427
2022-12-29	$47.40	$47.33	19.8%	5.6%	15.3%	22.7%	19.5%	3.7%	0.5%	-21.1M	74.1M	-9.9M	0.97	1.78	40,314	39,147	926,097	1,016,154
2022-12-30	$47.21	$47.00	19.7%	5.5%	14.9%	22.1%	20.2%	3.6%	0.4%	-39.6M	202.1M	-9.8M	1.10	1.95	48,672	53,466	933,327	1,026,840