WMT Options History — February 2023

In February 2023, WMT traded between $46.79 and $49.14. ATM implied volatility averaged 23.6%, placing in the 42.7% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 5.5% (HV 20d: 18.1%). Max pain ranged from $47.33 to $48.33. Net GEX was positive for 12 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.79.

Notable Days

  • 2023-02-21: Highest Volume — 660,471 contracts
  • 2023-02-21: Largest IV drop — 27.2% change
  • 2023-02-17: Highest IV Rank — 57.5%
  • 2023-02-17: Largest Expected Move — 7.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$47.78$46.79$49.14$48.40$47.35
Max Pain$48.21$47.33$48.33$48.33$47.67
ATM IV23.6%18.5%26.5%24.1%18.5%
Expected Move6.6%4.9%7.8%4.9%5.4%
HV 20d18.1%15.7%21.0%19.9%18.0%
HV 60d18.9%16.7%21.8%21.5%17.6%
IV Rank42.7%16.1%57.5%44.9%16.1%
IV Percentile51.0%12.3%72.2%54.4%12.7%
Term Structure-0.8%-2.0%0.6%-0.8%0.6%
VWIV23.4%17.9%29.4%17.9%18.7%
Skew 25d4.3%3.4%5.1%4.6%3.7%
Skew 10d8.2%6.9%9.5%8.6%7.2%
Call IV 25d21.7%16.7%24.8%21.9%16.8%
Put IV 25d26.0%20.5%29.5%26.5%20.5%
Bid-Ask Spread %2.311.792.682.461.98
Gamma HHI0.080.070.120.080.08
Net GEX10.9M-53.1M58.9M42.2M16.6M
Net DEX-213.2M-730.0M197.7M-533.7M-48.8M
Net VEX-9.4M-9.8M-8.9M-9.4M-9.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.431.330.910.61
Total Volume204,028.10561,602660,47199,279117,912
Total OI1,722,652.1051,602,3751,862,8921,602,3751,777,071

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-02-01$48.40$48.3324.1%4.9%19.9%44.9%17.9%4.6%-0.8%42.2M-533.7M-9.4M0.912.4651,89447,385767,562834,813
2023-02-02$47.86$48.3324.4%6.4%20.2%47.0%22.5%4.6%-1.2%23.1M-273.5M-9.2M0.712.5667,68947,883777,510842,700
2023-02-03$47.07$48.3325.4%7.0%21.0%51.8%24.0%4.6%-1.5%-20.3M132.1M-9.4M1.012.3876,37477,139801,078860,895
2023-02-06$46.80$48.3326.0%7.1%18.2%55.3%24.7%4.4%-0.9%-14.8M194.0M-9.2M0.682.2366,43845,156783,714838,635
2023-02-07$46.88$48.3325.4%7.1%17.5%51.7%24.1%4.4%-0.5%-12.2M157.7M-9.4M0.482.1896,21046,206811,254858,018
2023-02-08$46.79$48.3326.3%7.3%17.5%56.7%25.4%4.3%-1.0%-13.8M152.1M-9.4M0.662.5337,21824,384822,360868,482
2023-02-09$47.23$48.3326.5%7.5%17.6%57.4%26.4%4.5%-0.3%7.8M-59.3M-9.5M0.552.4653,91929,526828,132876,165
2023-02-10$47.86$48.3326.0%7.2%18.2%54.9%25.4%4.4%-1.4%44.5M-389.1M-9.5M0.622.23112,51269,339832,524885,921
2023-02-13$48.65$48.3326.4%7.5%19.0%57.0%26.4%4.8%-1.6%44.6M-649.1M-9.7M0.822.4092,56575,474803,403871,506
2023-02-14$48.58$48.3325.9%7.4%18.8%54.5%25.2%5.0%-1.6%43.9M-590.2M-9.7M1.292.3384,003108,273817,644898,635
2023-02-15$48.67$48.3326.2%7.5%16.0%56.1%29.4%4.9%-1.7%35.6M-612.3M-9.8M1.072.6846,20649,377830,781930,669
2023-02-16$48.14$48.3326.3%7.6%16.1%56.5%26.7%5.1%-1.2%15.8M-332.7M-9.7M0.572.6691,46752,383839,151932,187
2023-02-17$48.68$48.3326.5%7.8%16.3%57.5%27.7%4.3%-2.0%44.5M-697.9M-9.6M0.762.63196,548149,973872,031953,592
2023-02-21$49.14$48.3319.3%5.7%15.7%20.1%20.4%3.4%-0.3%58.9M-730.0M-9.2M0.642.13403,326257,145801,603898,107
2023-02-22$47.97$48.3319.2%5.6%18.2%19.7%18.9%3.6%-0.3%-21.4M-89.4M-9.1M0.812.05181,413147,027879,141967,236
2023-02-23$47.35$48.3318.5%5.4%18.7%16.1%20.5%3.8%-0.1%-53.1M197.7M-9.1M1.332.10138,561183,768905,442944,043
2023-02-24$47.40$47.3319.1%5.6%18.7%19.3%19.2%3.5%-0.1%-36.0M50.3M-9.2M0.431.79190,32082,728942,477920,415
2023-02-27$47.01$47.6719.1%5.7%18.5%19.4%20.9%3.7%0.1%1.5M70.6M-8.9M1.122.13131,412147,381844,929810,564
2023-02-28$47.35$47.6718.5%5.4%18.0%16.1%18.7%3.7%0.6%16.6M-48.8M-9.5M0.611.9873,23344,679887,142889,929