WWW Options History — August 2018

In August 2018, WWW traded between $35.69 and $39.19. ATM implied volatility averaged 29.5%, placing in the 26.3% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 3.3% (HV 20d: 26.2%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 16 of 23 trading days. Term structure was in contango for 18 of 23 days. Put/call ratio averaged 5.91.

Notable Days

  • 2018-08-07: Highest Volume — 1,332 contracts
  • 2018-08-10: Largest IV spike — 113.3% change
  • 2018-08-07: Highest IV Rank — 71.0%
  • 2018-08-02: Largest Expected Move — 13.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.69$35.69$39.19$35.69$39.19
Max Pain$35.00$35.00$35.00$35.00$35.00
ATM IV29.5%17.5%54.5%41.0%21.4%
Expected Move7.9%6.1%13.3%11.8%6.1%
HV 20d26.2%18.4%30.7%28.4%18.7%
HV 60d22.7%21.8%26.2%26.1%22.3%
IV Rank26.3%4.9%71.0%46.8%11.8%
IV Percentile27.6%0.4%97.6%84.1%1.2%
Term Structure0.2%-12.5%3.6%-8.3%3.6%
VWIV29.9%22.0%45.0%40.2%22.0%
Skew 25d5.7%3.6%10.3%4.7%10.1%
Skew 10d12.5%6.6%22.2%9.4%15.6%
Call IV 25d25.6%19.9%41.0%41.0%19.9%
Put IV 25d31.3%27.2%49.6%45.7%30.0%
Bid-Ask Spread %27.7612.8271.2531.5915.66
Gamma HHI0.690.350.850.790.63
Net GEX-68.9K-464.6K103.2K-412.3K14.5K
Net DEX-2.8M-4.7M2.4M2.4M-4.6M
Net VEX-11.9K-22.1K-6.1K-22.1K-6.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.911.1023.045.085.55
Total Volume431.5651391,332231190
Total OI5,486.0873,4637,5836,1283,535

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-08-01$35.69$35.0041.0%11.8%28.4%46.8%40.2%4.7%-8.3%-412.3K2.4M-22.1K5.0831.59N/AN/A381931,4244,704
2018-08-02$36.45$35.0046.5%13.3%29.1%56.6%45.0%10.3%-12.5%-350.7K1.1M-20.8K4.6428.67N/AN/A331531,4244,751
2018-08-03$35.89$35.0045.6%13.1%29.5%55.1%40.7%6.3%-11.9%-387.2K2.1M-21.2K4.8026.86N/AN/A351681,4244,757
2018-08-06$36.25$35.0050.0%9.8%29.4%62.8%36.9%5.2%-3.1%-382.3K1.4M-20.3K2.7815.23N/AN/A451251,4294,777
2018-08-07$35.98$35.0054.5%9.8%29.7%71.0%34.7%5.1%-2.1%-373.9K1.8M-19.3K2.6715.18N/AN/A3639691,4424,787
2018-08-08$36.84$35.0028.5%8.2%29.9%24.6%29.0%6.4%2.7%-464.6K-1.4M-16.8K1.6457.14N/AN/A3515741,8705,524
2018-08-09$37.70$35.0017.5%6.8%30.5%4.9%27.6%4.1%3.0%29.6K-4.3M-10.9K2.1321.62N/AN/A3086561,9395,510
2018-08-10$37.49$35.0037.4%7.9%30.7%40.4%28.1%3.6%3.1%-258.5K-2.6M-15.4K2.0735.94N/AN/A3096391,9435,612
2018-08-13$37.54$35.0025.1%7.1%30.7%18.4%29.4%5.0%2.9%24.0K-4.1M-11.2K15.0016.04N/AN/A436451,9435,612
2018-08-14$38.41$35.0025.8%6.8%29.0%19.7%28.0%7.3%3.3%103.2K-4.7M-9.5K15.2512.82N/AN/A365491,9415,620
2018-08-15$37.94$35.0024.3%7.0%29.6%16.9%26.3%5.7%3.6%69.8K-4.4M-10.3K19.8913.45N/AN/A275371,9545,620
2018-08-16$37.82$35.0024.5%7.0%28.4%17.4%26.7%4.3%2.7%67.6K-4.4M-9.9K23.0429.56N/AN/A245531,9545,620
2018-08-17$38.19$35.0023.9%6.9%28.4%16.4%25.4%4.4%2.8%82.5K-4.7M-9.2K4.2016.99N/AN/A1325551,9545,629
2018-08-20$38.22$35.0023.8%6.8%27.7%16.0%26.5%5.7%2.0%78.4K-3.9M-8.8K3.9632.29N/AN/A281111,4452,020
2018-08-21$38.41$35.0023.8%6.8%27.5%16.0%24.5%5.6%2.1%75.2K-4.0M-8.6K3.9617.18N/AN/A281111,4452,018
2018-08-22$38.53$35.0024.1%6.9%25.7%16.6%29.4%5.7%1.6%75.7K-4.1M-8.0K1.1058.65N/AN/A1011111,4452,018
2018-08-23$38.67$35.0022.6%6.5%25.6%14.0%35.4%5.4%2.3%69.2K-4.5M-7.3K1.2071.25N/AN/A1011211,4952,018
2018-08-24$38.40$35.0023.3%6.7%18.4%15.2%28.0%6.2%1.7%76.8K-4.2M-8.3K2.0515.81N/AN/A591211,4952,033
2018-08-27$38.01$35.0023.7%6.8%19.1%16.0%30.8%4.3%1.5%86.6K-4.1M-7.9K2.3815.08N/AN/A561331,4802,033
2018-08-28$38.34$35.0023.6%6.8%19.1%15.7%25.7%4.7%1.1%73.3K-4.1M-7.8K2.7219.42N/AN/A571551,4502,046
2018-08-29$38.58$35.0023.0%6.6%19.1%14.6%23.1%6.5%1.3%54.4K-4.3M-6.9K4.2233.45N/AN/A371561,4512,062
2018-08-30$38.26$35.0024.7%7.1%18.5%17.8%25.6%5.5%1.1%63.9K-4.0M-7.6K5.5538.66N/AN/A291611,4412,086
2018-08-31$39.19$35.0021.4%6.1%18.7%11.8%22.0%10.1%3.6%14.5K-4.6M-6.1K5.5515.66N/AN/A291611,4412,094