WWW Options History — April 2018

In April 2018, WWW traded between $28.08 and $31.26. ATM implied volatility averaged 36.0%, placing in the 33.7% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 11.0% (HV 20d: 25.0%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 4.13.

Notable Days

  • 2018-04-10: Highest Volume — 1,312 contracts
  • 2018-04-04: Largest IV spike — 24.3% change
  • 2018-04-30: Highest IV Rank — 47.4%
  • 2018-04-30: Largest Expected Move — 12.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.83$28.08$31.26$28.08$30.05
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV36.0%23.2%44.6%25.5%44.6%
Expected Move10.6%6.6%12.8%7.3%12.8%
HV 20d25.0%21.7%27.5%21.7%23.4%
HV 60d27.4%26.3%28.1%26.3%27.1%
IV Rank33.7%13.3%47.4%17.0%47.4%
IV Percentile65.6%1.6%92.1%4.4%92.1%
Term Structure-3.7%-10.0%7.4%3.6%-10.0%
VWIV37.4%21.3%46.1%28.4%46.1%
Skew 25d4.2%-8.9%16.2%-6.9%7.5%
Skew 10d7.9%-14.1%26.2%-8.9%12.6%
Call IV 25d35.4%26.7%45.2%34.0%45.2%
Put IV 25d39.5%22.9%52.8%27.1%52.8%
Bid-Ask Spread %50.4311.4693.2175.8823.69
Gamma HHI0.520.350.740.470.35
Net GEX50.0K662144.1K14.7K13.4K
Net DEX-907.6K-3.3M673.7K-58.3K-652.7K
Net VEX-9.5K-12.5K-5.4K-5.8K-11.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.130.1427.233.040.14
Total Volume534.9051791,3122061,208
Total OI2,831.811,4833,9901,4833,990

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-04-02$28.08$30.0025.5%7.3%21.7%17.0%28.4%-6.9%3.6%14.7K-58.3K-5.8K3.0475.88N/AN/A51155733750
2018-04-03$28.44$30.0023.2%6.6%22.3%13.3%21.3%-6.0%7.4%22.2K-212.0K-5.7K3.1693.21N/AN/A49155763752
2018-04-04$29.17$30.0028.8%8.2%23.6%22.2%29.6%1.6%7.0%29.6K-413.0K-5.9K6.2062.25N/AN/A25155763752
2018-04-05$29.87$30.0029.8%10.0%25.1%23.9%35.9%6.3%-2.4%37.5K-691.9K-5.7K2.7759.10N/AN/A56155772752
2018-04-06$29.83$30.0030.6%10.3%23.8%25.1%36.0%2.7%-3.1%42.7K-695.8K-5.7K3.6885.99N/AN/A41151794752
2018-04-09$30.20$30.0030.7%10.3%23.8%25.3%36.1%5.4%-2.9%44.5K-810.3K-5.9K2.9881.79N/AN/A54161806750
2018-04-10$30.79$30.0032.2%10.7%24.6%27.6%37.2%6.0%-4.4%48.3K-1.1M-5.4K0.1589.97N/AN/A1,137175804755
2018-04-11$31.16$30.0038.9%11.1%24.8%38.2%41.5%5.2%-4.3%144.1K-3.3M-9.4K5.3940.83N/AN/A281511,862771
2018-04-12$31.26$30.0039.0%11.2%23.9%38.5%39.2%6.7%-4.3%143.8K-3.3M-9.4K6.0520.56N/AN/A1086531,865770
2018-04-13$30.32$30.0036.3%10.4%26.6%34.2%36.4%8.7%-2.6%97.7K-1.9M-11.8K27.2344.96N/AN/A267081,8601,327
2018-04-16$30.28$30.0038.5%11.0%25.6%37.6%38.6%6.3%-4.3%102.0K-1.8M-11.3K7.5624.00N/AN/A272041,8551,327
2018-04-17$30.34$30.0037.8%10.8%25.5%36.5%37.8%7.7%-4.7%116.4K-2.1M-10.6K1.5922.76N/AN/A1402221,8571,327
2018-04-18$30.12$30.0038.8%11.1%25.7%38.0%38.7%6.6%-5.4%115.0K-1.8M-10.9K5.2345.90N/AN/A1538001,8671,342
2018-04-19$29.38$30.0036.4%10.4%27.4%34.3%36.6%5.3%-4.4%35.1K155.2K-12.4K0.3752.02N/AN/A5572061,8622,020
2018-04-20$28.93$30.0039.5%11.3%27.5%39.2%39.8%11.9%-6.6%662673.7K-12.1K0.3311.46N/AN/A5651851,8652,041
2018-04-23$29.40$30.0039.2%11.2%26.5%38.7%39.4%16.2%-6.1%6.0K108.3K-11.7K0.2728.36N/AN/A5851601,7361,980
2018-04-24$29.33$30.0041.3%11.8%26.1%42.0%41.4%12.3%-7.3%9.7K18.6K-11.6K0.2738.25N/AN/A5851561,7761,980
2018-04-25$29.62$30.0039.5%11.3%26.3%39.2%38.7%0.6%-5.6%9.8K-189.6K-11.6K4.5969.43N/AN/A341561,7761,985
2018-04-26$29.76$30.0042.6%12.2%26.0%44.1%42.5%-8.9%-8.1%11.3K-345.0K-11.6K3.0136.80N/AN/A1344041,7801,985
2018-04-27$30.02$30.0043.5%12.5%26.0%45.6%43.5%-8.0%-9.1%6.2K-583.0K-12.5K2.6251.81N/AN/A1544041,8812,083
2018-04-30$30.05$30.0044.6%12.8%23.4%47.4%46.1%7.5%-10.0%13.4K-652.7K-11.7K0.1423.69N/AN/A1,0571511,9072,083