WMT Options History — April 2023

In April 2023, WMT traded between $49.02 and $50.88. ATM implied volatility averaged 18.7%, placing in the 11.6% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 6.4% (HV 20d: 12.3%). Max pain ranged from $46.67 to $48.33. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 1.11.

Notable Days

  • 2023-04-05: Highest Volume — 248,604 contracts
  • 2023-04-05: Largest IV drop — 12.2% change
  • 2023-04-26: Highest IV Rank — 27.8%
  • 2023-04-26: Largest Expected Move — 6.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.02$49.02$50.88$49.56$50.17
Max Pain$47.63$46.67$48.33$46.67$48.33
ATM IV18.7%16.5%21.6%17.4%20.4%
Expected Move5.8%4.3%6.5%5.0%6.4%
HV 20d12.3%11.3%13.4%12.8%11.3%
HV 60d15.2%13.9%16.9%16.9%13.9%
IV Rank11.6%0.0%27.8%4.0%21.4%
IV Percentile17.8%0.0%40.5%2.8%34.9%
Term Structure0.6%-1.8%4.8%-0.2%-1.1%
VWIV21.3%16.1%24.3%18.3%21.8%
Skew 25d4.2%3.5%4.7%4.0%4.0%
Skew 10d8.3%6.9%9.9%7.8%8.5%
Call IV 25d17.1%13.7%19.3%16.2%19.1%
Put IV 25d21.2%17.6%24.0%20.1%23.1%
Bid-Ask Spread %2.071.632.872.112.06
Gamma HHI0.120.080.160.090.10
Net GEX63.9M10.8M141.6M117.0M23.9M
Net DEX-1.34B-2.15B-864.3M-1.68B-897.0M
Net VEX-9.9M-10.4M-9.4M-10.3M-9.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.110.701.750.970.86
Total Volume132,554.68475,402248,604176,199134,751
Total OI1,713,728.5261,442,2501,975,2691,773,4021,566,075

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-04-03$49.56$46.6717.4%5.0%12.8%4.0%18.3%4.0%-0.2%117.0M-1.68B-10.3M0.972.1189,38586,814918,690854,712
2023-04-04$49.02$46.6718.9%5.5%12.9%12.4%19.0%4.3%-0.4%100.6M-1.33B-10.4M0.932.37126,522117,135944,343882,774
2023-04-05$49.90$46.6716.6%4.3%13.4%0.0%16.1%3.7%-0.3%141.6M-1.93B-10.3M0.742.64142,770105,834972,525949,023
2023-04-06$50.15$46.6716.7%5.9%12.8%0.4%21.6%3.5%-0.1%89.7M-2.15B-10.4M0.702.87137,38596,102995,574979,695
2023-04-10$50.14$46.6717.1%6.1%12.5%2.8%23.4%4.0%4.2%85.3M-1.47B-10.2M1.221.7451,47462,934841,917872,064
2023-04-11$50.02$46.6716.5%6.0%12.6%0.0%24.3%3.7%4.4%85.3M-1.46B-10.0M1.181.6639,57646,845859,506891,696
2023-04-12$49.83$46.6716.7%6.0%12.9%1.1%21.9%3.8%4.2%64.0M-1.30B-9.9M0.952.1343,65641,676861,003901,716
2023-04-13$49.83$46.6717.3%5.9%12.8%4.5%22.0%3.6%4.1%58.1M-1.27B-9.9M1.231.8154,69967,206870,885911,643
2023-04-14$49.55$48.3317.0%5.7%12.9%2.4%20.8%3.9%4.8%52.6M-1.12B-9.8M1.142.8046,00852,584883,554917,745
2023-04-17$49.70$48.3318.8%5.7%12.9%12.5%21.5%4.7%-0.2%59.5M-1.20B-9.4M1.751.9243,56676,179814,335859,716
2023-04-18$49.91$48.3319.5%5.8%12.2%16.5%21.2%4.5%-0.7%62.0M-1.28B-9.9M0.941.6338,94336,459834,195893,682
2023-04-19$49.96$48.3319.9%5.7%11.9%18.8%20.9%4.5%-0.7%61.3M-1.32B-9.6M0.971.8946,01144,826842,691902,298
2023-04-20$50.23$48.3320.7%6.0%11.8%22.8%22.5%4.6%-1.0%70.3M-1.47B-9.7M1.691.8541,23269,831851,571913,314
2023-04-21$50.46$48.3319.7%5.8%11.8%17.3%20.2%4.2%-1.8%28.6M-1.58B-9.8M1.211.7471,47586,628859,173934,611
2023-04-24$50.88$48.3319.5%5.8%11.8%16.2%20.9%4.3%-0.8%43.8M-1.17B-9.6M1.421.8140,93858,059691,266750,984
2023-04-25$50.47$48.3320.6%6.2%11.5%22.7%22.8%4.6%-0.9%22.8M-967.2M-9.8M1.121.9864,33271,811703,419772,809
2023-04-26$50.25$48.3321.6%6.5%11.3%27.8%23.4%4.7%-1.0%10.8M-864.3M-10.0M1.362.1944,34960,507731,667782,928
2023-04-27$50.42$48.3319.7%6.0%11.3%17.6%22.5%4.4%-0.9%37.6M-979.8M-10.0M0.712.0346,80633,231763,986783,057
2023-04-28$50.17$48.3320.4%6.4%11.3%21.4%21.8%4.0%-1.1%23.9M-897.0M-9.9M0.862.0672,26162,490772,311793,764