WMT Options History — July 2025

In July 2025, WMT traded between $94.44 and $99.03. ATM implied volatility averaged 23.1%, placing in the 26.9% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 7.2% (HV 20d: 15.9%). Max pain ranged from $92.50 to $95.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.58.

Notable Days

2025-07-10: Highest Volume — 98,977 contracts
2025-07-02: Largest IV drop — 11.6% change
2025-07-30: Highest IV Rank — 37.8%
2025-07-08: Largest Expected Move — 6.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$96.63	$94.44	$99.03	$98.30	$98.21
Max Pain	$92.77	$92.50	$95.00	$95.00	$93.00
ATM IV	23.1%	18.4%	26.9%	20.8%	26.7%
Expected Move	5.9%	5.5%	6.2%	5.8%	6.0%
HV 20d	15.9%	13.7%	17.9%	15.7%	14.3%
HV 60d	18.4%	14.6%	28.8%	28.8%	14.6%
IV Rank	26.9%	14.1%	37.8%	20.9%	37.0%
IV Percentile	50.1%	21.0%	68.3%	39.7%	66.3%
Term Structure	1.0%	-1.4%	6.3%	0.1%	-1.3%
VWIV	20.9%	19.5%	22.2%	20.4%	21.1%
Skew 25d	2.1%	1.3%	2.8%	2.0%	2.8%
Skew 10d	4.6%	-8.3%	14.3%	5.6%	5.7%
Call IV 25d	22.4%	19.4%	25.9%	20.1%	25.8%
Put IV 25d	24.5%	21.5%	28.6%	22.1%	28.6%
Bid-Ask Spread %	10.99	4.66	24.78	6.10	5.63
Gamma HHI	0.10	0.07	0.42	0.10	0.11
Net GEX	29.5M	-157.6M	78.2M	72.2M	78.2M
Net DEX	-1.40B	-1.92B	-865.1M	-1.80B	-1.81B
Net VEX	-12.0M	-12.7M	-11.4M	-12.7M	-11.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.58	0.41	0.85	0.46	0.74
Total Volume	62,443.136	36,266	98,977	67,129	52,496
Total OI	1,034,101.864	976,057	1,088,967	999,988	1,047,063

Daily Data (22 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
2025-07-01	$98.30	$95.00	20.8%	5.8%	15.7%	20.9%	20.4%	2.0%	0.1%	72.2M	-1.80B	-12.7M	0.46	6.10	45,997	21,132	543,564	456,424
2025-07-02	$97.62	$95.00	18.4%	5.7%	15.8%	14.1%	20.3%	1.6%	0.3%	59.4M	-1.64B	-12.4M	0.52	7.63	35,339	18,364	545,552	462,805
2025-07-03	$98.28	$92.50	20.1%	6.0%	16.0%	18.7%	20.8%	2.1%	-0.1%	63.1M	-1.85B	-12.1M	0.57	21.53	27,144	15,488	550,755	464,517
2025-07-07	$99.03	$92.50	21.2%	6.1%	15.1%	21.8%	22.2%	1.8%	-0.1%	72.3M	-1.92B	-12.2M	0.85	12.56	33,016	27,976	532,374	451,303
2025-07-08	$97.21	$92.50	21.4%	6.2%	16.5%	22.3%	21.9%	1.6%	-0.2%	41.2M	-1.48B	-12.3M	0.69	10.46	41,534	28,520	539,276	469,563
2025-07-09	$96.86	$92.50	21.0%	6.1%	16.6%	21.1%	22.0%	1.7%	-0.2%	36.7M	-1.38B	-12.3M	0.49	17.66	40,208	19,683	548,264	478,479
2025-07-10	$94.98	$92.50	20.9%	6.1%	17.9%	20.7%	22.0%	1.5%	0.7%	-8.2M	-913.3M	-12.1M	0.46	24.78	67,941	31,036	555,904	487,548
2025-07-11	$94.44	$92.50	20.7%	6.0%	17.0%	20.1%	21.3%	1.3%	0.4%	-8.6M	-865.1M	-12.0M	0.62	17.64	56,302	34,642	575,499	498,557
2025-07-14	$95.68	$92.50	21.1%	6.1%	17.3%	21.2%	21.5%	2.0%	5.0%	19.8M	-1.22B	-12.0M	0.44	12.86	46,646	20,335	562,775	482,993
2025-07-15	$95.50	$92.50	20.8%	6.0%	17.1%	20.5%	21.0%	2.1%	5.6%	15.1M	-1.15B	-12.1M	0.70	12.14	32,457	22,838	570,058	486,799
2025-07-16	$95.01	$92.50	20.6%	5.9%	17.2%	20.0%	20.8%	2.5%	5.7%	123.2K	-1.01B	-12.2M	0.73	8.84	31,400	22,825	574,163	495,433
2025-07-17	$95.06	$92.50	21.4%	5.8%	17.2%	22.3%	20.3%	2.0%	6.1%	-4.8M	-1.04B	-12.1M	0.50	6.07	27,322	13,738	580,073	503,462
2025-07-18	$95.05	$92.50	22.6%	5.8%	16.8%	25.5%	20.6%	2.1%	6.3%	-157.6M	-1.08B	-12.0M	0.77	5.27	41,386	32,032	584,528	504,439
2025-07-21	$95.63	$92.50	24.8%	5.7%	16.9%	31.8%	20.6%	2.3%	-0.6%	20.0M	-1.18B	-11.9M	0.44	17.94	66,526	29,407	516,579	459,478
2025-07-22	$95.88	$92.50	25.7%	5.8%	15.3%	34.4%	20.2%	2.6%	-0.9%	29.0M	-1.23B	-12.0M	0.62	5.18	22,431	13,835	546,281	470,170
2025-07-23	$95.67	$92.50	26.4%	5.8%	15.0%	36.3%	20.3%	2.4%	-0.8%	27.2M	-1.18B	-12.0M	0.77	5.30	27,236	20,933	550,520	474,145
2025-07-24	$96.84	$92.50	26.5%	5.8%	15.3%	36.7%	20.5%	2.2%	-0.7%	60.2M	-1.50B	-11.9M	0.47	6.91	45,645	21,647	558,281	482,880
2025-07-25	$97.49	$92.50	26.1%	5.5%	14.7%	35.5%	19.5%	2.5%	-1.1%	49.8M	-1.67B	-11.9M	0.50	5.73	49,738	24,952	563,861	487,992
2025-07-28	$97.44	$92.50	26.8%	5.8%	13.7%	37.5%	20.5%	2.5%	-1.0%	53.2M	-1.56B	-11.7M	0.51	4.66	31,684	16,264	549,521	466,648
2025-07-29	$98.34	$92.50	26.5%	5.9%	14.0%	36.6%	20.7%	2.5%	-1.0%	73.2M	-1.82B	-11.4M	0.41	4.79	48,086	19,513	557,275	472,157
2025-07-30	$97.44	$93.00	26.9%	6.1%	14.3%	37.8%	21.4%	2.6%	-1.4%	57.4M	-1.55B	-11.8M	0.47	22.19	32,683	15,372	564,418	477,865
2025-07-31	$98.21	$93.00	26.7%	6.0%	14.3%	37.0%	21.1%	2.8%	-1.3%	78.2M	-1.81B	-11.4M	0.74	5.63	30,230	22,266	568,441	478,622