WMT Options History — October 2025

In October 2025, WMT traded between $101.47 and $109.02. ATM implied volatility averaged 25.5%, placing in the 26.6% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 6.3% (HV 20d: 19.1%). Max pain ranged from $100.00 to $103.00. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 0.48.

Notable Days

2025-10-14: Highest Volume — 397,783 contracts
2025-10-16: Largest IV spike — 9.9% change
2025-10-29: Highest IV Rank — 39.8%
2025-10-31: Largest Expected Move — 9.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$104.23	$101.47	$109.02	$101.80	$101.47
Max Pain	$100.74	$100.00	$103.00	$100.00	$103.00
ATM IV	25.5%	21.2%	29.7%	21.2%	29.7%
Expected Move	8.0%	5.9%	9.4%	6.1%	9.4%
HV 20d	19.1%	11.0%	24.7%	15.2%	24.4%
HV 60d	20.8%	18.7%	22.6%	19.4%	20.8%
IV Rank	26.6%	13.1%	39.8%	13.1%	39.8%
IV Percentile	62.5%	38.9%	83.3%	38.9%	82.9%
Term Structure	0.4%	-2.1%	5.9%	0.0%	-1.7%
VWIV	28.0%	20.5%	32.8%	21.3%	32.8%
Skew 25d	2.1%	1.2%	3.0%	1.9%	2.1%
Skew 10d	4.6%	2.1%	10.4%	4.8%	6.0%
Call IV 25d	24.6%	20.4%	29.2%	20.4%	29.2%
Put IV 25d	26.7%	22.4%	31.3%	22.4%	31.3%
Bid-Ask Spread %	17.76	5.38	33.84	13.20	20.81
Gamma HHI	0.10	0.07	0.17	0.08	0.07
Net GEX	69.0M	-7.1M	144.6M	40.6M	-7.1M
Net DEX	-1.97B	-3.21B	-1.10B	-1.59B	-1.10B
Net VEX	-12.1M	-12.9M	-11.3M	-11.3M	-12.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.48	0.23	0.84	0.57	0.60
Total Volume	119,734.304	54,626	397,783	110,028	155,100
Total OI	996,308.174	892,176	1,111,586	892,176	1,078,185

Daily Data (23 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
2025-10-01	$101.80	$100.00	21.2%	6.1%	15.2%	13.1%	21.3%	1.9%	0.0%	40.6M	-1.59B	-11.3M	0.57	13.20	70,177	39,851	498,412	393,764
2025-10-02	$101.69	$100.00	21.4%	6.1%	14.2%	13.9%	21.8%	2.0%	0.1%	50.8M	-1.58B	-11.9M	0.47	15.24	75,278	35,720	518,928	413,012
2025-10-03	$102.30	$100.00	21.4%	5.9%	14.2%	14.0%	20.5%	2.2%	-0.1%	66.4M	-1.77B	-11.9M	0.50	15.23	49,097	24,409	535,706	428,168
2025-10-06	$102.58	$100.00	22.1%	7.5%	12.8%	16.0%	26.0%	1.8%	0.3%	75.4M	-1.83B	-11.6M	0.23	26.82	73,334	16,696	519,802	407,843
2025-10-07	$102.92	$100.00	21.9%	7.5%	12.9%	15.6%	26.0%	1.5%	0.2%	79.4M	-1.89B	-11.5M	0.29	27.89	62,356	17,973	526,791	414,582
2025-10-08	$102.92	$100.00	22.1%	7.5%	11.9%	15.9%	26.5%	1.9%	0.0%	90.4M	-1.87B	-11.8M	0.26	21.11	54,164	14,203	534,645	419,914
2025-10-09	$101.55	$100.00	22.7%	8.0%	11.4%	18.0%	27.9%	1.9%	0.1%	66.7M	-1.54B	-11.9M	0.38	22.26	89,102	33,806	550,200	424,195
2025-10-10	$102.06	$100.00	24.2%	8.4%	11.0%	22.7%	27.6%	2.0%	-1.7%	113.1M	-1.76B	-12.2M	0.36	33.84	136,085	49,500	575,054	430,826
2025-10-13	$102.00	$100.00	23.1%	7.9%	11.0%	19.2%	27.1%	1.2%	5.3%	45.4M	-1.63B	-11.7M	0.46	25.42	46,660	21,688	528,615	427,650
2025-10-14	$106.80	$100.00	23.3%	8.2%	19.9%	19.8%	28.7%	1.6%	5.9%	105.1M	-2.78B	-11.6M	0.35	23.12	293,869	103,914	545,271	433,092
2025-10-15	$109.02	$100.00	24.3%	8.2%	20.8%	22.8%	29.1%	1.9%	4.1%	144.6M	-3.21B	-12.2M	0.48	17.63	170,932	81,240	585,782	467,484
2025-10-16	$105.97	$100.00	26.7%	8.6%	23.0%	30.4%	30.2%	2.3%	4.2%	77.6M	-2.33B	-12.9M	0.61	23.12	98,562	59,915	600,403	499,844
2025-10-17	$107.73	$100.00	25.0%	8.0%	23.1%	25.2%	28.9%	1.4%	4.4%	113.4M	-2.86B	-12.6M	0.84	14.50	50,372	42,452	610,547	501,039
2025-10-20	$106.96	$100.00	27.2%	8.2%	23.3%	32.0%	28.2%	3.0%	-1.7%	73.5M	-2.27B	-12.2M	0.46	10.88	37,294	17,332	510,953	436,310
2025-10-21	$106.66	$100.00	27.3%	8.0%	23.2%	32.4%	27.8%	2.8%	-1.6%	75.4M	-2.30B	-12.1M	0.34	5.38	53,007	18,208	527,100	440,568
2025-10-22	$107.15	$100.00	28.8%	8.3%	23.2%	37.0%	28.7%	2.2%	-1.6%	92.8M	-2.49B	-12.1M	0.29	9.82	75,803	21,995	548,498	448,028
2025-10-23	$106.95	$100.00	28.3%	8.2%	23.3%	35.6%	29.2%	2.5%	-1.5%	84.5M	-2.40B	-12.1M	0.57	10.46	61,740	35,315	550,121	453,381
2025-10-24	$106.22	$102.00	28.3%	8.2%	23.5%	35.4%	29.9%	2.1%	-1.1%	62.1M	-2.21B	-12.1M	0.60	10.79	59,096	35,600	562,427	459,745
2025-10-27	$104.53	$103.00	28.4%	8.6%	24.3%	35.9%	30.9%	2.0%	-2.1%	60.6M	-1.79B	-12.3M	0.69	8.76	65,543	44,896	534,406	449,339
2025-10-28	$103.23	$103.00	29.2%	8.9%	24.7%	38.4%	31.0%	2.5%	-1.2%	39.5M	-1.54B	-12.2M	0.44	8.65	55,058	24,072	552,528	469,000
2025-10-29	$102.53	$103.00	29.7%	9.1%	24.3%	39.8%	32.8%	2.5%	-1.0%	23.9M	-1.35B	-12.4M	0.72	31.12	62,170	44,804	559,580	475,872
2025-10-30	$102.31	$103.00	29.1%	9.0%	24.3%	38.1%	31.5%	2.0%	-0.4%	13.2M	-1.27B	-12.7M	0.52	12.40	49,694	25,807	571,063	496,415
2025-10-31	$101.47	$103.00	29.7%	9.4%	24.4%	39.8%	32.8%	2.1%	-1.7%	-7.1M	-1.10B	-12.6M	0.60	20.81	97,124	57,976	581,416	496,769