WWW Options History — July 2018

In July 2018, WWW traded between $33.42 and $36.93. ATM implied volatility averaged 34.8%, placing in the 35.4% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 14.1% (HV 20d: 20.8%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 2.82.

Notable Days

  • 2018-07-02: Highest Volume — 4,026 contracts
  • 2018-07-11: Largest IV spike — 40.2% change
  • 2018-07-31: Highest IV Rank — 50.6%
  • 2018-07-31: Largest Expected Move — 12.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.97$33.42$36.93$34.42$35.44
Max Pain$35.00$35.00$35.00$35.00$35.00
ATM IV34.8%24.6%43.1%28.2%43.1%
Expected Move10.5%8.1%12.4%8.1%12.4%
HV 20d20.8%15.6%29.2%17.7%28.4%
HV 60d24.4%22.9%26.9%24.5%26.5%
IV Rank35.4%17.2%50.6%21.2%50.6%
IV Percentile60.8%2.8%89.3%32.9%89.3%
Term Structure-5.4%-11.2%5.6%5.6%-11.2%
VWIV37.8%27.8%43.3%27.8%43.3%
Skew 25d6.5%-1.8%13.4%-1.8%7.9%
Skew 10d14.5%-1.3%26.9%-1.3%13.8%
Call IV 25d33.9%25.9%40.4%25.9%40.4%
Put IV 25d40.4%24.1%49.7%24.1%48.4%
Bid-Ask Spread %30.3912.8353.3630.1145.23
Gamma HHI0.680.600.790.620.76
Net GEX-294.2K-378.5K-225.9K-261.0K-378.5K
Net DEX3.4M374.6K6.2M4.1M2.8M
Net VEX-27.3K-32.2K-21.7K-32.2K-23.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.820.5421.6221.624.08
Total Volume4761114,0264,026193
Total OI6,289.7146,0476,4886,3056,128

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-07-02$34.42$35.0028.2%8.1%17.7%21.2%27.8%-1.8%5.6%-261.0K4.1M-32.2K21.6230.11N/AN/A1783,8481,6394,666
2018-07-03$34.61$35.0029.5%8.5%16.3%23.3%28.9%-0.7%5.4%-254.4K3.7M-31.4K1.3412.83N/AN/A1782391,6394,665
2018-07-05$34.47$35.0025.7%10.0%16.3%17.2%36.1%7.8%-4.7%-251.1K4.1M-31.0K1.2441.56N/AN/A1782201,6394,665
2018-07-06$34.10$35.0025.5%9.7%16.6%19.1%34.7%2.3%-3.6%-258.4K4.7M-30.1K1.2451.23N/AN/A2032511,6394,665
2018-07-09$33.92$35.0024.6%9.8%16.6%17.4%35.8%5.2%-4.5%-256.3K5.0M-29.1K0.9722.31N/AN/A1991941,6644,644
2018-07-10$33.96$35.0024.9%9.8%16.3%18.1%35.2%6.5%-4.4%-264.4K5.0M-29.2K1.4925.43N/AN/A1992971,6644,696
2018-07-11$33.51$35.0035.0%10.0%16.0%36.0%37.9%5.5%-5.2%-271.8K6.0M-29.8K1.2526.63N/AN/A1992481,6644,811
2018-07-12$33.42$35.0034.7%10.0%15.6%35.6%37.7%11.4%-4.8%-284.8K6.2M-28.6K1.2246.98N/AN/A2012461,6644,814
2018-07-13$33.72$35.0034.6%9.9%16.2%35.4%37.8%5.8%-4.3%-282.9K5.7M-29.3K0.5748.69N/AN/A2011151,6724,816
2018-07-16$33.96$35.0035.2%10.1%16.3%36.4%39.0%13.4%-5.2%-281.7K5.3M-28.3K0.5426.98N/AN/A2121141,6724,806
2018-07-17$35.27$35.0037.1%10.6%21.8%39.9%38.3%7.1%-6.5%-225.9K2.8M-28.8K1.0728.64N/AN/A1872011,6834,805
2018-07-18$35.57$35.0036.6%10.5%22.0%38.9%37.4%7.0%-5.8%-237.6K2.0M-27.5K2.0515.62N/AN/A982011,6974,719
2018-07-19$36.49$35.0038.0%10.9%24.0%41.4%39.0%6.6%-7.3%-273.2K474.0K-25.7K2.4716.22N/AN/A852101,7014,719
2018-07-20$36.24$35.0037.8%10.8%23.9%41.0%39.8%7.2%-6.4%-328.4K794.7K-25.8K2.2516.96N/AN/A44991,6984,723
2018-07-23$35.75$35.0039.0%11.2%23.6%43.2%40.4%5.9%-7.8%-346.8K2.4M-25.2K3.1138.37N/AN/A27841,3734,674
2018-07-24$35.53$35.0040.1%11.5%22.7%45.2%40.5%4.4%-8.2%-347.2K2.9M-25.5K2.8622.75N/AN/A371061,3734,674
2018-07-25$36.62$35.0039.7%11.4%24.0%44.6%40.4%11.2%-7.2%-324.5K863.2K-23.1K2.9529.81N/AN/A371091,3734,681
2018-07-26$36.93$35.0041.0%11.8%23.5%46.9%41.3%6.2%-10.0%-302.2K374.6K-21.7K1.4815.25N/AN/A731081,3734,681
2018-07-27$35.25$35.0039.3%11.3%29.2%43.8%39.7%7.3%-8.4%-367.9K2.8M-24.2K1.4253.36N/AN/A761081,4234,679
2018-07-30$35.25$35.0042.0%12.0%28.8%48.6%42.3%10.3%-9.6%-378.2K3.1M-23.3K4.0823.23N/AN/A381551,4264,677
2018-07-31$35.44$35.0043.1%12.4%28.4%50.6%43.3%7.9%-11.2%-378.5K2.8M-23.1K4.0845.23N/AN/A381551,4244,704