WWW Options History — February 2019

In February 2019, WWW traded between $34.30 and $39.49. ATM implied volatility averaged 33.6%, placing in the 29.9% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded above realized volatility by 3.5% (HV 20d: 30.2%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 2.62.

Notable Days

  • 2019-02-20: Highest Volume — 1,185 contracts
  • 2019-02-06: Largest IV spike — 21.8% change
  • 2019-02-19: Highest IV Rank — 41.2%
  • 2019-02-19: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.33$34.30$39.49$34.30$35.83
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV33.6%27.2%39.7%27.2%29.6%
Expected Move10.0%8.4%11.4%10.6%8.5%
HV 20d30.2%13.4%47.6%18.0%47.5%
HV 60d30.6%25.5%35.7%33.1%34.7%
IV Rank29.9%17.9%41.2%17.9%22.4%
IV Percentile53.8%29.4%79.0%29.4%38.1%
Term Structure-3.1%-6.3%-1.0%-1.9%-1.2%
VWIV33.8%27.1%39.7%37.4%29.9%
Skew 25d4.9%-0.9%9.3%5.8%-0.9%
Skew 10d5.4%-2.9%10.7%7.2%-1.6%
Call IV 25d31.8%19.6%40.7%35.3%30.3%
Put IV 25d36.7%27.9%45.2%41.1%29.4%
Bid-Ask Spread %72.8954.4988.0074.4688.00
Gamma HHI0.580.420.830.520.44
Net GEX-259.4K-460.7K-45.4K-174.7K-185.4K
Net DEX9.5M2.6M12.2M11.5M12.2M
Net VEX-26.3K-38.1K-15.1K-16.4K-24.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.620.0011.0011.000.22
Total Volume213.36801,1852428
Total OI7,171.7895,8028,5325,8038,528

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-02-01$34.30$40.0027.2%10.6%18.0%17.9%37.4%5.8%-1.9%-174.7K11.5M-16.4K11.0074.46N/AN/A2229344,869
2019-02-04$34.85$40.0030.4%10.8%18.4%23.9%0.0%4.9%-2.6%-202.8K11.3M-17.2K0.0073.44N/AN/A009344,868
2019-02-05$35.24$40.0030.3%10.7%18.5%23.7%0.0%4.9%-2.7%-231.9K11.0M-17.9K0.0054.49N/AN/A009344,868
2019-02-06$34.80$40.0036.9%10.6%18.6%36.0%0.0%6.0%-2.4%-193.5K11.5M-16.3K0.0075.69N/AN/A009344,868
2019-02-07$34.88$40.0037.4%10.7%18.6%37.0%0.0%5.3%-3.0%-191.4K11.5M-16.2K0.0078.09N/AN/A009344,868
2019-02-08$34.70$40.0037.9%10.9%13.4%38.0%0.0%4.7%-2.3%-184.5K11.5M-15.1K0.0077.71N/AN/A1,00009344,868
2019-02-11$36.22$40.0037.4%10.7%19.3%37.0%37.3%3.2%-4.4%-246.3K9.1M-29.1K0.0878.67N/AN/A416321,9344,868
2019-02-12$37.78$40.0036.9%10.6%23.2%36.0%37.5%3.0%-4.3%-352.9K5.8M-36.8K5.6872.44N/AN/A341932,3004,900
2019-02-13$38.50$40.0037.2%10.7%23.1%36.6%37.3%4.2%-4.8%-400.1K4.4M-38.1K3.8770.63N/AN/A451742,3264,919
2019-02-14$38.67$40.0037.8%10.8%23.1%37.6%37.9%3.8%-5.7%-403.5K4.3M-37.8K4.2455.74N/AN/A411742,3324,919
2019-02-15$39.39$40.0036.7%10.5%23.2%35.6%38.6%4.4%-5.8%-452.0K3.0M-38.0K0.3765.27N/AN/A35132,3324,919
2019-02-19$39.49$40.0039.7%11.4%23.3%41.2%39.7%4.5%-6.3%-460.7K2.6M-36.6K0.1865.06N/AN/A295542,3384,870
2019-02-20$35.44$40.0033.3%9.6%47.4%29.4%32.8%3.3%-3.5%-45.4K10.7M-23.6K7.4680.20N/AN/A1401,0452,4294,944
2019-02-21$36.11$40.0030.2%8.6%47.6%23.5%29.0%9.1%-1.3%-253.2K11.7M-28.5K3.5170.05N/AN/A391372,4246,066
2019-02-22$35.86$40.0029.3%8.4%47.5%21.9%27.1%6.6%-1.5%-229.4K12.1M-27.7K1.1878.60N/AN/A39462,4216,111
2019-02-25$36.02$40.0031.0%8.9%47.5%25.0%31.0%9.3%-2.1%-251.7K11.8M-27.1K0.1377.61N/AN/A1622,4216,110
2019-02-26$36.02$40.0029.8%8.5%47.3%22.8%28.5%8.3%-1.0%-225.6K12.0M-26.0K0.8678.71N/AN/A762,4136,109
2019-02-27$36.13$40.0030.2%8.7%47.3%23.5%29.0%2.9%-1.4%-242.7K11.8M-25.6K0.4670.04N/AN/A1362,4136,105
2019-02-28$35.83$40.0029.6%8.5%47.5%22.4%29.9%-0.9%-1.2%-185.4K12.2M-24.8K0.2288.00N/AN/A2352,4236,105