WWW Options History — February 2018

In February 2018, WWW traded between $29.31 and $33.12. ATM implied volatility averaged 37.6%, placing in the 36.0% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded above realized volatility by 9.9% (HV 20d: 27.6%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 16 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 7.66.

Notable Days

  • 2018-02-08: Highest Volume — 2,294 contracts
  • 2018-02-05: Largest IV spike — 81.6% change
  • 2018-02-09: Highest IV Rank — 58.7%
  • 2018-02-09: Largest Expected Move — 14.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.80$29.31$33.12$33.12$29.31
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV37.6%27.0%51.8%28.7%28.9%
Expected Move11.0%8.2%14.8%9.8%8.3%
HV 20d27.6%20.8%33.9%20.8%33.9%
HV 60d26.2%23.4%28.4%26.7%28.2%
IV Rank36.0%19.1%58.7%21.7%22.4%
IV Percentile62.3%9.9%96.4%19.0%22.2%
Term Structure-4.5%-11.9%0.0%-3.0%-0.2%
VWIV38.4%28.4%51.9%39.6%28.9%
Skew 25d6.8%-1.1%14.7%8.1%-0.8%
Skew 10d15.9%-4.0%29.4%20.3%-0.7%
Call IV 25d35.6%22.3%48.2%31.7%28.4%
Put IV 25d42.4%26.8%60.3%39.8%27.6%
Bid-Ask Spread %55.4111.9990.2480.4931.75
Gamma HHI0.430.340.510.500.51
Net GEX38.1K-55.9K105.6K105.6K45.5K
Net DEX-1.1M-2.4M684.1K-2.4M-449.6K
Net VEX-11.8K-17.4K-8.4K-12.1K-8.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.660.8237.235.057.15
Total Volume4222192,294230375
Total OI5,427.3163,7536,4613,7536,461

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-02-01$33.12$30.0028.7%9.8%20.8%21.7%39.6%8.1%-3.0%105.6K-2.4M-12.1K5.0580.49N/AN/A381921,7272,026
2018-02-02$32.68$30.0027.0%10.5%21.4%19.1%39.0%9.3%-4.4%92.5K-2.2M-12.0K5.5874.20N/AN/A382121,7272,057
2018-02-05$32.12$30.0049.1%12.6%22.3%53.5%42.1%7.5%-8.5%75.5K-1.8M-12.6K4.9790.24N/AN/A371841,7252,077
2018-02-06$31.75$30.0040.5%12.6%22.2%40.7%42.5%6.0%-6.6%64.8K-1.5M-12.5K4.9776.72N/AN/A371841,7272,081
2018-02-07$31.87$30.0042.6%12.2%22.0%44.1%41.1%6.0%-6.4%74.4K-1.7M-11.9K5.2679.46N/AN/A351841,7272,081
2018-02-08$30.74$30.0045.8%13.1%25.5%49.2%51.9%3.9%-6.9%38.7K-966.8K-12.1K37.2382.05N/AN/A602,2341,7282,081
2018-02-09$29.80$30.0051.8%14.8%27.5%58.7%51.4%12.1%-11.9%-55.9K684.1K-17.4K3.1368.51N/AN/A611911,7554,017
2018-02-12$29.99$30.0042.0%12.0%26.8%43.2%41.7%10.7%-4.6%-50.6K88.6K-13.9K0.8249.76N/AN/A2131741,7564,032
2018-02-13$29.96$30.0042.3%12.1%26.8%43.7%41.5%10.3%-5.9%-32.0K-237.4K-14.2K3.3853.29N/AN/A581961,9454,038
2018-02-14$30.95$30.0040.0%11.5%29.1%40.1%40.2%7.2%-4.0%33.8K-1.2M-12.9K12.8448.41N/AN/A192441,9874,045
2018-02-15$31.05$30.0041.8%12.0%29.1%42.9%39.6%11.0%-6.0%34.9K-1.3M-12.8K13.0563.23N/AN/A192481,9874,096
2018-02-16$30.83$30.0043.8%12.5%27.9%46.0%41.2%8.2%-7.3%19.9K-1.0M-13.2K13.0545.13N/AN/A192481,9874,086
2018-02-20$30.75$30.0041.5%11.9%27.7%42.4%41.4%8.3%-6.8%24.8K-1.0M-11.2K1.7342.27N/AN/A2063571,9844,056
2018-02-21$29.52$30.0030.9%8.9%30.4%25.6%31.2%-1.1%-0.8%5.1K-529.3K-10.4K1.5939.40N/AN/A2173462,1494,219
2018-02-22$30.62$30.0028.7%8.2%32.2%22.1%28.4%14.7%0.0%70.4K-1.4M-9.1K6.6321.68N/AN/A483182,1604,252
2018-02-23$29.69$30.0029.8%8.6%33.1%23.9%29.9%0.2%-1.3%33.3K-686.9K-9.4K6.7246.73N/AN/A473162,1734,256
2018-02-26$30.37$30.0029.3%8.4%33.2%23.0%29.5%4.4%-0.7%75.3K-1.3M-8.8K6.2211.99N/AN/A462862,1734,281
2018-02-27$30.05$30.0028.9%8.3%33.2%22.4%28.9%2.8%-0.5%68.5K-1.0M-8.4K6.2047.52N/AN/A462852,1724,288
2018-02-28$29.31$30.0028.9%8.3%33.9%22.4%28.9%-0.8%-0.2%45.5K-449.6K-8.4K7.1531.75N/AN/A463292,1724,289