WMT Options History — November 2023

In November 2023, WMT traded between $51.57 and $56.44. ATM implied volatility averaged 17.1%, placing in the 31.9% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded below realized volatility by 4.6% (HV 20d: 21.7%). Max pain ranged from $52.50 to $53.33. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.66.

Notable Days

  • 2023-11-16: Highest Volume — 1,004,913 contracts
  • 2023-11-16: Largest IV drop — 17.1% change
  • 2023-11-07: Highest IV Rank — 49.7%
  • 2023-11-01: Largest Expected Move — 7.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.78$51.57$56.44$55.04$51.85
Max Pain$53.29$52.50$53.33$53.33$53.33
ATM IV17.1%12.2%20.9%20.7%13.3%
Expected Move4.9%3.7%7.1%7.1%3.9%
HV 20d21.7%12.1%31.6%15.1%30.7%
HV 60d16.5%12.5%20.6%13.2%20.6%
IV Rank31.9%6.8%49.7%48.5%13.9%
IV Percentile43.6%2.8%77.4%75.4%15.5%
Term Structure-0.5%-1.2%0.3%-0.7%0.2%
VWIV17.4%13.0%24.9%24.9%14.2%
Skew 25d2.6%1.3%3.9%3.9%1.6%
Skew 10d5.4%2.5%8.4%8.2%2.8%
Call IV 25d16.2%12.1%19.7%18.7%13.0%
Put IV 25d18.8%13.5%23.5%22.6%14.6%
Bid-Ask Spread %2.441.864.252.452.93
Gamma HHI0.200.140.320.210.16
Net GEX77.8M-77.8M201.4M104.0M49.6M
Net DEX-886.3M-1.99B421.5M-1.49B-232.5M
Net VEX-9.0M-9.4M-8.0M-9.2M-9.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.181.411.230.26
Total Volume263,577.85786,0521,004,913129,396278,478
Total OI1,702,882.7141,492,2602,059,4161,492,2601,959,285

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-11-01$55.04$53.3320.7%7.1%15.1%48.5%24.9%3.9%-0.7%104.0M-1.49B-9.2M1.232.4558,07171,325776,667715,593
2023-11-02$55.25$53.3320.3%5.5%14.7%46.6%19.9%3.6%-0.6%112.5M-1.55B-9.4M0.471.98112,30852,671787,041734,109
2023-11-03$54.93$53.3319.7%5.3%12.5%43.5%19.0%3.5%-0.7%144.9M-1.41B-9.0M0.832.0466,26755,278817,569746,310
2023-11-06$54.89$53.3320.2%5.5%12.3%46.0%19.5%3.9%-1.0%94.8M-1.35B-9.1M1.411.9336,41451,456806,865716,460
2023-11-07$55.41$53.3320.9%5.6%12.1%49.7%20.2%3.7%-1.2%115.4M-1.58B-9.0M1.182.6464,97476,443810,828726,198
2023-11-08$54.85$53.3320.8%5.7%12.8%49.0%20.1%3.8%-0.9%70.9M-1.19B-9.2M1.322.1547,83863,150818,946770,154
2023-11-09$54.69$53.3320.8%5.7%12.9%48.8%20.5%3.8%-1.2%58.2M-1.12B-9.1M1.212.3038,91947,133822,978780,540
2023-11-10$55.46$53.3320.2%5.6%13.6%46.0%19.4%3.4%-1.2%88.6M-1.57B-8.9M0.772.3063,63649,284830,763789,498
2023-11-13$55.95$53.3318.8%5.3%13.4%38.9%19.3%3.4%-0.8%105.4M-1.70B-8.7M0.701.9966,70247,013787,332764,538
2023-11-14$55.94$53.3318.7%5.3%13.4%38.5%19.6%3.1%-0.8%106.3M-1.69B-8.7M0.712.2582,98959,058809,682782,388
2023-11-15$56.44$53.3319.8%5.7%13.6%44.0%20.5%2.4%-1.1%117.3M-1.99B-8.7M0.492.40261,135127,977835,683804,096
2023-11-16$52.20$53.3316.4%4.7%31.6%34.6%16.8%2.1%-0.4%-77.8M421.5M-8.0M0.722.13583,419421,494953,589852,180
2023-11-17$51.89$53.3315.0%4.3%31.5%25.4%15.9%1.6%-0.3%4.3M326.0M-8.6M0.474.25354,333166,9261,154,013905,403
2023-11-20$51.85$53.3313.6%3.9%30.9%15.8%14.3%1.9%-0.2%23.7M-2.5M-8.6M0.382.40247,55194,044933,609749,439
2023-11-21$52.04$53.3313.5%3.9%30.5%15.3%13.5%1.8%-0.3%54.6M-187.8M-8.8M0.293.95273,33678,705997,551766,887
2023-11-22$51.57$53.3313.3%3.8%30.6%14.0%13.9%1.3%-0.2%17.8M-16.1M-8.8M0.252.59221,27755,2871,063,251768,879
2023-11-24$51.91$53.3312.8%3.7%30.7%10.9%13.3%1.6%-0.2%71.3M-348.9M-9.1M0.282.37117,29432,4241,144,770776,124
2023-11-27$52.32$53.3313.5%3.9%30.9%15.7%13.8%1.3%0.0%109.7M-606.4M-9.2M0.181.86313,84856,1001,027,773743,238
2023-11-28$52.84$52.5012.2%3.8%30.7%6.8%13.0%1.4%0.3%201.4M-1.03B-9.4M0.312.01216,75966,7891,100,472768,246
2023-11-29$51.97$53.3313.9%4.2%31.2%17.8%14.8%1.9%-0.2%60.7M-278.9M-9.3M0.362.21261,73595,2951,076,862784,728
2023-11-30$51.85$53.3313.3%3.9%30.7%13.9%14.2%1.6%0.2%49.6M-232.5M-9.3M0.262.93221,84156,6371,150,062809,223