WMT Options History — July 2023

In July 2023, WMT traded between $51.27 and $53.26. ATM implied volatility averaged 16.4%, placing in the 24.3% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 2.2% (HV 20d: 14.2%). Max pain ranged from $50.83 to $51.67. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.49.

Notable Days

2023-07-20: Highest Volume — 282,174 contracts
2023-07-17: Largest IV spike — 18.1% change
2023-07-20: Highest IV Rank — 40.3%
2023-07-31: Largest Expected Move — 6.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$52.28	$51.27	$53.26	$52.73	$53.13
Max Pain	$51.58	$50.83	$51.67	$50.83	$51.67
ATM IV	16.4%	12.2%	19.5%	12.2%	18.5%
Expected Move	5.3%	3.4%	6.1%	3.4%	6.1%
HV 20d	14.2%	12.0%	15.7%	13.0%	12.0%
HV 60d	11.9%	10.9%	12.3%	10.9%	12.1%
IV Rank	24.3%	3.5%	40.3%	3.5%	35.2%
IV Percentile	20.6%	2.0%	44.4%	2.0%	29.4%
Term Structure	0.7%	-1.0%	4.7%	0.4%	-0.7%
VWIV	18.6%	11.8%	22.2%	11.8%	22.2%
Skew 25d	3.0%	2.2%	3.8%	2.3%	3.0%
Skew 10d	6.0%	5.1%	7.3%	5.1%	5.7%
Call IV 25d	15.3%	11.0%	18.3%	11.0%	17.3%
Put IV 25d	18.3%	13.3%	21.9%	13.3%	20.2%
Bid-Ask Spread %	1.94	1.62	2.75	1.75	2.04
Gamma HHI	0.20	0.11	0.53	0.20	0.14
Net GEX	83.7M	21.9M	244.0M	84.5M	76.7M
Net DEX	-1.04B	-1.63B	-518.2M	-1.33B	-1.11B
Net VEX	-9.2M	-9.6M	-8.8M	-9.3M	-9.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.49	0.13	0.84	0.18	0.84
Total Volume	145,587.3	58,983	282,174	180,171	131,166
Total OI	1,396,775.55	1,254,309	1,503,768	1,352,283	1,308,636

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
2023-07-03	$52.73	$50.83	12.2%	3.4%	13.0%	3.5%	11.8%	2.3%	0.4%	84.5M	-1.33B	-9.3M	0.18	1.75	153,186	26,985	689,703	662,580
2023-07-05	$52.79	$50.83	12.5%	3.5%	12.9%	4.6%	12.1%	2.2%	0.5%	137.4M	-1.41B	-9.3M	0.66	1.75	68,274	45,066	739,566	670,734
2023-07-06	$52.35	$51.67	13.0%	5.2%	13.4%	7.0%	18.1%	2.8%	0.5%	73.3M	-1.14B	-9.5M	0.71	2.17	52,521	37,473	745,437	679,653
2023-07-07	$51.27	$51.67	13.8%	5.2%	15.7%	11.3%	18.2%	2.7%	0.4%	21.9M	-518.2M	-9.6M	0.67	1.95	73,215	49,032	749,757	687,453
2023-07-10	$51.65	$51.67	14.2%	5.3%	15.2%	13.5%	18.6%	3.0%	4.0%	42.5M	-765.8M	-9.4M	0.81	1.79	41,871	34,032	717,921	672,456
2023-07-11	$51.45	$51.67	14.3%	5.3%	15.1%	14.0%	18.1%	3.1%	4.2%	32.5M	-667.5M	-9.4M	0.57	1.72	37,572	21,411	722,991	682,875
2023-07-12	$51.70	$51.67	13.6%	5.2%	15.1%	10.4%	17.9%	2.8%	4.4%	41.0M	-813.7M	-9.0M	0.66	1.74	38,319	25,131	734,178	689,373
2023-07-13	$51.49	$51.67	14.4%	5.2%	15.1%	14.5%	18.7%	2.9%	4.5%	30.7M	-708.2M	-9.0M	0.27	2.13	121,500	32,577	750,051	691,146
2023-07-14	$51.49	$51.67	15.0%	5.1%	14.2%	17.3%	18.9%	2.9%	4.7%	37.8M	-724.2M	-9.1M	0.47	1.86	49,887	23,484	762,501	693,555
2023-07-17	$51.61	$51.67	17.7%	5.4%	14.1%	31.0%	18.3%	3.8%	-0.7%	49.6M	-793.8M	-9.0M	0.42	1.67	47,577	19,950	724,875	646,617
2023-07-18	$51.48	$51.67	18.8%	5.5%	13.6%	36.7%	18.8%	3.5%	-0.9%	46.4M	-786.2M	-8.9M	0.13	1.64	217,209	29,076	740,907	656,040
2023-07-19	$51.51	$51.67	19.1%	5.5%	13.1%	38.0%	19.1%	3.4%	-0.7%	77.2M	-828.8M	-8.9M	0.30	1.62	84,663	24,993	819,930	663,942
2023-07-20	$52.43	$51.67	19.5%	5.6%	14.5%	40.3%	19.3%	3.3%	-0.9%	170.3M	-1.43B	-8.8M	0.37	1.93	206,196	75,978	823,797	672,600
2023-07-21	$52.89	$51.67	18.0%	5.2%	14.4%	32.4%	19.8%	3.3%	-0.9%	95.2M	-1.63B	-8.8M	0.81	2.75	116,769	94,644	799,164	704,604
2023-07-24	$53.10	$51.67	18.7%	5.6%	14.5%	36.0%	20.5%	3.4%	-0.8%	83.1M	-1.18B	-9.2M	0.30	1.90	188,721	57,216	647,835	606,474
2023-07-25	$53.07	$51.67	18.7%	5.7%	14.4%	36.3%	20.2%	3.3%	-0.8%	100.2M	-1.20B	-9.2M	0.29	1.98	180,345	51,789	694,521	619,611
2023-07-26	$53.15	$51.67	18.5%	5.7%	14.4%	35.3%	20.3%	3.2%	-0.7%	122.8M	-1.24B	-9.3M	0.29	2.19	129,024	37,791	727,839	621,225
2023-07-27	$53.05	$51.67	18.6%	5.7%	14.4%	35.5%	20.7%	3.0%	-1.0%	107.2M	-1.21B	-8.9M	0.56	2.24	76,764	43,128	720,123	631,563
2023-07-28	$53.26	$51.67	18.3%	5.7%	13.9%	34.1%	20.7%	2.9%	-1.0%	244.0M	-1.27B	-9.3M	0.41	1.90	118,341	48,870	729,417	633,861
2023-07-31	$53.13	$51.67	18.5%	6.1%	12.0%	35.2%	22.2%	3.0%	-0.7%	76.7M	-1.11B	-9.2M	0.84	2.04	71,457	59,709	693,543	615,093