WMT Options History — May 2024

In May 2024, WMT traded between $58.98 and $65.31. ATM implied volatility averaged 17.7%, placing in the 51.0% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded below realized volatility by 4.2% (HV 20d: 21.9%). Max pain ranged from $55.00 to $59.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.83.

Notable Days

  • 2024-05-16: Highest Volume — 466,337 contracts
  • 2024-05-16: Largest IV drop — 38.3% change
  • 2024-05-06: Highest IV Rank — 93.3%
  • 2024-05-03: Largest Expected Move — 8.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$62.41$58.98$65.31$58.98$65.22
Max Pain$56.30$55.00$59.00$59.00$56.67
ATM IV17.7%12.4%23.2%22.7%12.9%
Expected Move5.1%3.5%8.1%7.9%3.7%
HV 20d21.9%13.4%30.7%13.4%29.1%
HV 60d16.8%12.7%19.9%13.7%19.6%
IV Rank51.0%9.7%93.3%89.7%13.8%
IV Percentile53.1%6.7%97.6%94.0%15.1%
Term Structure-0.7%-2.0%0.3%-0.7%-0.1%
VWIV17.9%12.4%27.9%27.4%13.4%
Skew 25d1.2%0.3%2.1%2.1%1.7%
Skew 10d3.3%0.7%9.0%4.5%3.9%
Call IV 25d17.3%11.8%22.7%21.7%12.3%
Put IV 25d18.5%13.0%23.9%23.9%14.0%
Bid-Ask Spread %12.052.0233.9133.9126.97
Gamma HHI0.140.080.270.100.16
Net GEX66.8M32.4M121.9M43.2M78.7M
Net DEX-1.83B-3.12B-926.4M-926.4M-2.37B
Net VEX-8.5M-9.2M-7.4M-8.8M-8.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.830.321.360.570.85
Total Volume111,553.95538,993466,33738,99389,079
Total OI1,202,994.6361,110,9291,421,3521,110,9291,244,541

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$58.98$59.0022.7%7.9%13.4%89.7%27.4%2.1%-0.7%43.2M-926.4M-8.8M0.5733.9124,79814,195615,523495,406
2024-05-02$59.73$59.0022.6%7.9%14.2%88.7%27.8%1.5%-0.9%62.4M-1.20B-8.8M0.607.2844,20926,531622,817498,935
2024-05-03$59.88$59.0022.3%8.1%14.1%86.4%27.9%1.9%-1.0%78.5M-1.24B-8.7M0.9318.1241,49838,395626,252506,702
2024-05-06$59.66$55.0023.2%6.0%14.1%93.3%21.8%2.1%-0.9%54.7M-1.13B-8.8M0.823.9136,34329,915611,676505,838
2024-05-07$60.50$55.0022.6%5.9%15.0%89.0%20.7%1.6%-1.0%73.0M-1.37B-8.8M0.473.1644,26720,758617,578517,816
2024-05-08$60.34$55.0022.8%6.0%13.9%90.2%21.3%1.2%-1.2%64.3M-1.34B-8.7M0.972.6747,02645,527620,026524,132
2024-05-09$60.39$55.0023.0%6.0%13.6%92.3%20.8%0.9%-1.7%53.8M-1.30B-9.2M0.534.1833,34417,636614,914547,688
2024-05-10$60.47$55.0022.5%5.8%13.6%87.9%20.4%0.8%-1.4%54.6M-1.39B-8.7M0.812.0236,51829,544621,818551,305
2024-05-13$60.45$55.0021.6%6.0%13.5%81.5%21.0%0.9%-1.4%57.9M-1.41B-8.5M0.325.45108,54835,264622,087547,431
2024-05-14$59.84$55.0021.9%5.8%14.0%83.9%20.6%0.6%-1.5%56.1M-1.21B-8.8M0.696.7456,17038,535660,069559,662
2024-05-15$59.55$55.0022.2%5.8%14.0%85.8%20.6%0.4%-2.0%52.5M-1.11B-8.9M0.9325.73104,88297,638680,802573,706
2024-05-16$64.27$55.0013.7%3.8%30.4%19.9%13.5%0.3%-0.8%121.9M-3.07B-7.6M0.6419.14285,018181,319726,509625,267
2024-05-17$64.70$56.6712.6%3.6%30.4%11.8%12.9%0.7%-0.3%91.8M-3.12B-7.4M0.8813.99127,541111,847741,876679,476
2024-05-20$64.03$56.6712.5%3.6%30.7%11.0%12.6%0.8%0.2%45.0M-1.97B-8.4M1.054.5356,37759,045605,407578,641
2024-05-21$64.95$56.6712.5%3.6%29.8%10.8%12.6%0.8%0.2%87.7M-2.39B-8.0M0.776.0053,04640,787632,321573,328
2024-05-22$65.19$56.6712.8%3.7%29.5%13.3%12.7%0.7%-0.2%82.3M-2.39B-8.6M1.3615.4447,18064,135634,436590,189
2024-05-23$64.69$56.6712.7%3.6%29.8%12.1%13.0%1.2%0.2%32.4M-2.16B-8.6M0.8919.2654,42048,209638,295610,420
2024-05-24$65.31$56.6712.4%3.5%29.8%9.7%12.4%1.2%0.3%74.9M-2.48B-8.0M0.9510.0640,70338,730646,181612,428
2024-05-28$64.95$56.6713.1%3.7%29.9%15.6%12.9%1.5%-0.3%76.2M-2.22B-8.2M1.069.2436,37538,381613,710557,767
2024-05-29$65.03$56.6713.3%3.8%29.4%16.5%13.7%1.8%-0.3%69.1M-2.24B-8.1M1.0115.8227,46727,853625,828573,566
2024-05-30$64.84$56.6713.7%3.9%29.2%19.8%14.3%1.6%-0.2%59.2M-2.14B-8.5M1.1611.3925,52029,614632,485581,028
2024-05-31$65.22$56.6712.9%3.7%29.1%13.8%13.4%1.7%-0.1%78.7M-2.37B-8.4M0.8526.9748,07441,005647,266597,275