WWW Options History — June 2018

In June 2018, WWW traded between $34.17 and $36.77. ATM implied volatility averaged 26.7%, placing in the 18.9% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 8.0% (HV 20d: 18.7%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 7.36.

Notable Days

  • 2018-06-28: Highest Volume — 4,026 contracts
  • 2018-06-11: Largest IV spike — 21.0% change
  • 2018-06-12: Highest IV Rank — 28.0%
  • 2018-06-25: Largest Expected Move — 7.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.69$34.17$36.77$34.17$34.86
Max Pain$33.57$30.00$35.00$30.00$35.00
ATM IV26.7%24.7%32.4%25.9%26.1%
Expected Move7.5%7.2%7.8%7.4%7.5%
HV 20d18.7%12.4%31.1%31.1%17.8%
HV 60d25.3%24.3%26.3%26.3%24.3%
IV Rank18.9%15.8%28.0%17.7%17.9%
IV Percentile15.7%3.6%59.9%7.5%11.1%
Term Structure4.7%0.7%8.4%0.7%8.4%
VWIV25.0%16.1%29.9%25.9%26.1%
Skew 25d8.2%-3.7%13.2%-3.7%2.7%
Skew 10d13.0%-5.1%21.8%-5.1%4.3%
Call IV 25d19.1%14.5%30.4%25.9%21.0%
Put IV 25d27.3%22.2%32.9%22.2%23.7%
Bid-Ask Spread %26.987.7898.1929.4044.72
Gamma HHI0.680.620.760.680.62
Net GEX40.3K-268.7K128.5K93.5K-241.0K
Net DEX-2.6M-5.2M3.4M-3.6M3.4M
Net VEX-18.0K-33.4K-13.8K-13.8K-33.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.360.5629.345.2621.62
Total Volume1,088.4291714,0262944,026
Total OI4,760.5242,4476,3205,0366,320

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-06-01$34.17$30.0025.9%7.4%31.1%17.7%25.9%-3.7%0.7%93.5K-3.6M-13.8K5.2629.40N/AN/A472471,9793,057
2018-06-04$34.67$30.0026.4%7.4%31.1%18.4%29.8%11.2%2.9%113.2K-3.9M-13.9K10.6916.08N/AN/A515451,9803,173
2018-06-05$35.35$30.0026.6%7.5%29.7%18.8%29.9%12.9%3.0%99.9K-4.1M-15.7K2.6613.56N/AN/A681811,9983,557
2018-06-06$35.33$30.0027.1%7.6%29.7%19.6%28.1%12.2%2.5%93.2K-4.1M-15.8K2.9131.88N/AN/A581691,9853,551
2018-06-07$35.32$30.0026.3%7.4%19.3%18.3%27.6%13.0%3.9%104.3K-4.1M-15.3K2.1529.75N/AN/A661421,9953,543
2018-06-08$35.39$30.0024.7%7.3%19.1%15.8%25.6%13.1%4.0%107.1K-4.2M-15.3K0.6713.37N/AN/A2151431,9973,541
2018-06-11$35.63$35.0029.9%7.3%16.7%24.0%26.8%11.6%4.6%128.5K-4.6M-15.7K2.1128.61N/AN/A571202,1363,542
2018-06-12$36.03$35.0032.4%7.3%16.7%28.0%26.3%3.6%3.6%123.7K-4.9M-15.3K1.9227.71N/AN/A631212,1353,548
2018-06-13$36.23$35.0026.2%7.5%16.1%18.2%26.2%13.2%3.1%117.1K-5.1M-15.0K1.3236.44N/AN/A931232,1353,546
2018-06-14$36.25$35.0025.6%7.3%14.3%17.1%25.5%12.6%3.8%99.3K-5.1M-14.8K1.4518.76N/AN/A851232,1233,546
2018-06-15$36.48$35.0025.9%7.4%13.2%17.7%24.9%12.6%3.4%94.3K-5.2M-14.4K1.9510.39N/AN/A581132,1243,546
2018-06-18$36.70$35.0026.2%7.5%12.9%18.1%24.8%2.4%6.0%95.7K-3.0M-14.3K0.6235.07N/AN/A127791,469978
2018-06-19$36.77$35.0025.9%7.4%12.4%17.6%16.7%11.1%5.8%100.0K-3.1M-14.5K0.709.37N/AN/A128891,5561,020
2018-06-20$36.69$35.0026.2%7.5%12.7%18.0%16.1%11.5%5.9%100.0K-3.0M-14.5K0.569.37N/AN/A132741,5601,020
2018-06-21$36.32$35.0025.4%7.3%13.5%16.9%17.4%9.0%5.1%103.3K-2.9M-14.3K0.5760.55N/AN/A132751,5601,026
2018-06-22$35.71$35.0025.2%7.2%15.3%16.5%25.0%6.8%6.1%107.3K-2.5M-14.6K1.329.18N/AN/A1291701,5601,027
2018-06-25$35.05$35.0027.4%7.8%17.2%19.9%20.4%1.7%5.8%101.9K-2.0M-14.5K20.8527.97N/AN/A1573,2731,5601,014
2018-06-26$35.79$35.0027.1%7.8%17.6%19.4%26.3%7.6%7.0%-216.6K1.9M-30.3K24.207.78N/AN/A1343,2431,5924,053
2018-06-27$35.33$35.0027.2%7.8%18.0%19.6%26.9%4.7%7.6%-210.2K2.6M-30.3K29.348.44N/AN/A1313,8441,5944,051
2018-06-28$35.35$35.0027.1%7.8%17.9%19.4%28.1%2.5%5.5%-268.7K2.9M-32.4K21.6298.19N/AN/A1783,8481,5994,675
2018-06-29$34.86$35.0026.1%7.5%17.8%17.9%26.1%2.7%8.4%-241.0K3.4M-33.4K21.6244.72N/AN/A1783,8481,6394,681