WMT Options History — March 2025

In March 2025, WMT traded between $84.20 and $97.05. ATM implied volatility averaged 25.6%, placing in the 65.5% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded below realized volatility by 7.8% (HV 20d: 33.4%). Max pain ranged from $85.00 to $92.50. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.82.

Notable Days

  • 2025-03-20: Highest Volume — 259,524 contracts
  • 2025-03-10: Largest IV spike — 25.4% change
  • 2025-03-10: Highest IV Rank — 97.1%
  • 2025-03-10: Largest Expected Move — 10.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$88.20$84.20$97.05$97.05$87.94
Max Pain$89.62$85.00$92.50$85.00$87.50
ATM IV25.6%18.9%32.0%24.1%24.8%
Expected Move8.2%7.0%10.5%7.2%8.4%
HV 20d33.4%30.5%38.3%31.4%33.5%
HV 60d25.7%22.5%27.9%22.5%27.9%
IV Rank65.5%32.5%97.1%58.0%61.4%
IV Percentile78.2%46.0%99.2%78.2%75.4%
Term Structure-0.2%-2.1%1.2%0.1%0.0%
VWIV28.8%24.5%37.5%25.7%29.4%
Skew 25d3.3%2.3%5.5%2.4%3.0%
Skew 10d6.8%-8.9%16.3%-8.9%16.3%
Call IV 25d24.3%20.7%29.2%23.1%23.3%
Put IV 25d27.6%23.1%34.4%25.5%26.4%
Bid-Ask Spread %18.753.6532.6819.2518.99
Gamma HHI0.100.060.160.070.09
Net GEX-53.3M-102.0M29.2M29.2M-17.0M
Net DEX57.5M-2.05B1.29B-2.05B-587.4M
Net VEX-16.7M-17.8M-15.3M-15.3M-16.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.820.121.611.070.38
Total Volume125,286.28660,637259,524129,076128,550
Total OI1,672,196.191,530,9971,780,5211,601,8471,608,442

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-03-03$97.05$85.0024.1%7.2%31.4%58.0%25.7%2.4%0.1%29.2M-2.05B-15.3M1.0719.2562,41866,658708,382893,465
2025-03-04$95.34$90.0023.9%7.3%31.4%57.2%25.9%3.3%1.0%-16.5M-1.46B-15.6M1.1821.4148,96057,921715,371916,525
2025-03-05$96.16$90.0023.3%7.0%31.2%54.0%24.5%2.8%1.2%-7.0M-1.59B-16.3M0.6422.3843,06927,727720,777925,934
2025-03-06$94.60$90.0024.7%7.4%30.8%61.2%25.8%2.8%0.3%-41.3M-1.21B-15.7M0.9015.4050,05445,128724,548934,640
2025-03-07$91.81$90.0025.5%7.6%32.0%65.0%26.8%2.7%0.2%-78.8M-332.5M-16.3M1.0119.0999,859100,813734,986943,091
2025-03-10$87.51$87.5032.0%10.5%35.4%97.1%37.5%5.5%-2.1%-65.6M542.6M-17.2M1.097.2196,118104,852716,255921,864
2025-03-11$87.48$87.5030.5%9.6%35.0%89.6%33.6%3.7%-0.5%-69.4M553.5M-17.8M0.9212.7964,96859,446741,703941,259
2025-03-12$85.06$87.5029.8%9.2%35.6%86.3%32.5%4.6%-0.6%-82.6M1.09B-17.5M1.174.2271,34083,372760,109949,707
2025-03-13$84.20$87.5031.0%9.3%34.8%92.1%33.7%5.2%-0.8%-85.2M1.29B-17.6M1.613.6556,93091,423779,891956,805
2025-03-14$84.98$87.0027.5%7.8%34.2%75.1%28.9%3.8%-0.3%-102.0M989.4M-17.2M0.6614.1979,18052,052789,188965,920
2025-03-17$87.84$92.5026.1%8.1%37.6%67.8%28.1%3.3%-1.3%-53.7M191.0M-17.2M0.5920.2970,48141,278765,707962,007
2025-03-18$85.78$92.5027.8%8.6%37.9%76.6%29.6%3.7%-1.3%-74.2M689.7M-17.2M1.2930.4341,29653,136774,997965,344
2025-03-19$86.53$92.5024.5%7.9%38.3%59.9%27.5%3.1%-0.5%-58.0M467.8M-16.5M0.5632.6838,77221,865789,075980,138
2025-03-20$86.04$92.5025.3%8.0%33.2%63.8%27.8%3.3%-0.3%-70.4M632.6M-16.8M0.1226.85231,04628,478796,174984,347
2025-03-21$86.02$92.5024.5%7.9%32.3%60.1%27.4%3.2%-0.8%-53.3M786.5M-16.2M0.6825.6358,75939,803779,657990,267
2025-03-24$87.28$92.5018.9%7.5%32.9%32.5%26.3%2.3%-0.1%-38.4M-104.2M-15.8M0.6926.9552,85236,227670,206860,791
2025-03-25$84.84$92.5022.5%7.8%30.7%50.0%27.7%2.7%1.2%-66.5M498.2M-16.3M0.5612.87110,48862,176685,614862,439
2025-03-26$84.78$90.0023.0%7.9%30.8%52.5%27.6%2.9%-0.3%-58.0M455.1M-17.0M0.4915.0564,27631,286732,532885,561
2025-03-27$85.94$87.5023.0%8.0%31.3%52.6%28.3%2.5%0.5%-38.3M105.1M-17.5M0.6919.4947,01032,424742,441894,407
2025-03-28$85.12$87.5024.9%8.4%30.5%61.8%30.0%2.9%0.4%-71.7M267.5M-17.4M0.8924.9541,44537,076749,735895,819
2025-03-31$87.94$87.5024.8%8.4%33.5%61.4%29.4%3.0%0.0%-17.0M-587.4M-16.8M0.3818.9992,97035,580719,043889,399