WWW Options History — October 2018

In October 2018, WWW traded between $33.10 and $38.18. ATM implied volatility averaged 41.0%, placing in the 46.8% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 10.4% (HV 20d: 30.6%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 8.05.

Notable Days

  • 2018-10-22: Highest Volume — 4,837 contracts
  • 2018-10-29: Largest IV spike — 17.8% change
  • 2018-10-31: Highest IV Rank — 77.6%
  • 2018-10-31: Largest Expected Move — 16.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.25$33.10$38.18$38.18$35.35
Max Pain$39.57$35.00$40.00$35.00$40.00
ATM IV41.0%26.6%58.3%26.6%58.3%
Expected Move12.0%7.6%16.7%7.6%16.7%
HV 20d30.6%16.2%40.7%16.2%40.6%
HV 60d25.6%22.2%28.8%22.2%28.8%
IV Rank46.8%21.1%77.6%21.1%77.6%
IV Percentile79.5%28.2%97.6%28.2%97.6%
Term Structure-6.1%-18.3%6.0%5.5%-15.1%
VWIV40.9%21.9%59.5%21.9%59.5%
Skew 25d5.9%-6.4%16.5%-6.4%4.0%
Skew 10d15.5%-6.3%34.3%-6.3%34.3%
Call IV 25d41.7%26.5%72.6%26.5%72.6%
Put IV 25d47.6%20.1%76.6%20.1%76.6%
Bid-Ask Spread %61.9728.9184.0342.3384.03
Gamma HHI0.590.500.780.780.53
Net GEX-364.2K-690.7K-147.9K-298.8K-578.6K
Net DEX10.5M6.0M17.6M6.0M13.9M
Net VEX-15.9K-25.5K-8.8K-19.2K-23.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio8.051.2678.302.7319.92
Total Volume682.9571234,8371232,970
Total OI5,200.6963,7378,3813,7428,381

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-10-01$38.18$35.0026.6%7.6%16.2%21.1%21.9%-6.4%5.5%-298.8K6.0M-19.2K2.7342.33N/AN/A33904683,274
2018-10-02$36.51$35.0030.4%8.7%22.3%27.8%29.9%0.5%6.0%-261.2K7.3M-16.2K9.1147.12N/AN/A454104703,284
2018-10-03$36.79$40.0032.2%9.2%22.7%31.1%32.0%3.1%5.4%-278.0K7.2M-16.1K7.2028.91N/AN/A453244713,327
2018-10-04$35.89$40.0030.1%10.4%23.9%27.4%34.9%5.7%-3.4%-271.6K8.6M-12.8K3.9944.41N/AN/A813234713,429
2018-10-05$35.91$40.0030.6%10.7%23.9%28.2%36.3%6.9%-5.7%-268.9K8.5M-12.7K4.4945.76N/AN/A723234873,424
2018-10-08$36.45$40.0034.4%11.3%23.4%35.1%36.6%7.4%-6.4%-285.9K7.5M-15.6K5.1345.68N/AN/A633235083,424
2018-10-09$36.36$40.0035.7%11.1%23.4%37.4%37.8%6.0%-3.6%-273.7K8.9M-10.7K5.0553.11N/AN/A643235083,424
2018-10-10$34.43$40.0038.8%11.1%29.4%42.9%35.7%6.3%-4.7%-222.7K8.6M-11.7K2.4070.69N/AN/A531275093,424
2018-10-11$34.51$40.0039.7%11.4%29.5%44.5%37.5%5.5%-6.4%-220.7K8.6M-11.3K1.8177.65N/AN/A671215193,420
2018-10-12$34.80$40.0039.7%11.4%29.9%44.5%38.5%6.2%-5.7%-239.1K8.6M-11.6K1.2973.67N/AN/A941215363,410
2018-10-15$35.09$40.0040.2%11.5%30.3%45.4%37.6%7.9%-5.7%-237.5K8.5M-11.3K1.2665.91N/AN/A941185593,405
2018-10-16$35.98$40.0041.0%11.8%32.1%46.8%35.9%5.0%-6.7%-281.9K8.0M-12.1K1.3650.59N/AN/A871185593,405
2018-10-17$35.90$40.0040.0%11.5%31.9%45.0%39.1%6.0%-5.9%-296.4K8.0M-11.5K1.3161.60N/AN/A971275693,405
2018-10-18$35.41$40.0047.1%13.5%31.5%57.7%46.0%16.5%-14.0%-321.5K7.6M-13.1K1.8359.61N/AN/A1061945803,477
2018-10-19$33.77$40.0040.2%11.5%34.8%45.5%40.1%4.1%-5.7%-147.9K9.3M-8.9K1.8462.66N/AN/A1061955803,477
2018-10-22$34.46$40.0043.4%12.4%36.2%51.1%43.4%4.9%-7.3%-178.7K8.7M-8.8K78.3062.38N/AN/A614,7764523,285
2018-10-23$34.77$40.0043.7%12.5%36.2%51.6%47.2%8.0%-7.7%-690.7K15.7M-25.5K8.4671.62N/AN/A615164537,597
2018-10-24$34.63$40.0045.4%13.0%35.2%54.6%44.9%4.4%-9.1%-666.8K15.7M-25.1K5.3379.23N/AN/A894744537,644
2018-10-25$33.59$40.0048.5%13.9%36.2%60.1%47.9%9.2%-9.6%-563.8K17.2M-23.0K5.4472.09N/AN/A894844957,646
2018-10-26$33.10$40.0047.7%13.7%36.2%58.7%49.4%7.6%-2.9%-537.6K17.6M-21.4K8.1481.55N/AN/A564564957,642
2018-10-29$33.44$40.0056.1%16.1%36.4%73.9%56.0%8.9%-18.3%-573.7K16.4M-22.0K7.6369.48N/AN/A604584957,636
2018-10-30$35.53$40.0052.5%15.1%40.7%67.3%52.7%8.4%-13.3%-681.5K15.1M-21.7K1.2975.21N/AN/A3564585017,638
2018-10-31$35.35$40.0058.3%16.7%40.6%77.6%59.5%4.0%-15.1%-578.6K13.9M-23.9K19.9284.03N/AN/A1422,8287437,638