WWW Options History — April 2019

In April 2019, WWW traded between $35.48 and $37.12. ATM implied volatility averaged 34.1%, placing in the 30.8% IV rank vs the trailing year. The 30-day expected move averaged 10.3%. IV traded above realized volatility by 15.5% (HV 20d: 18.7%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 7.78.

Notable Days

  • 2019-04-10: Highest Volume — 78 contracts
  • 2019-04-10: Largest IV spike — 17.4% change
  • 2019-04-30: Highest IV Rank — 48.9%
  • 2019-04-30: Largest Expected Move — 12.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.18$35.48$37.12$35.80$36.70
Max Pain$35.00$35.00$35.00$35.00$35.00
ATM IV34.1%26.9%43.8%26.9%43.8%
Expected Move10.3%9.5%12.6%9.6%12.6%
HV 20d18.7%15.2%21.1%19.1%21.1%
HV 60d31.0%30.3%31.8%31.2%31.8%
IV Rank30.8%17.5%48.9%17.5%48.9%
IV Percentile57.3%29.0%88.1%29.0%88.1%
Term Structure-3.9%-10.3%6.6%6.6%-10.3%
VWIV35.7%30.6%43.9%30.6%43.9%
Skew 25d4.0%-8.1%7.2%1.7%4.1%
Skew 10d7.3%-12.8%18.1%0.9%4.3%
Call IV 25d33.3%23.6%39.6%24.3%39.6%
Put IV 25d37.3%25.6%43.8%26.0%43.8%
Bid-Ask Spread %77.0364.4290.9364.4285.71
Gamma HHI0.560.460.750.460.69
Net GEX27.4K-66.8K113.4K-17.4K105.4K
Net DEX-1.4M-2.0M-781.7K-1.0M-1.8M
Net VEX-14.1K-16.0K-12.3K-16.0K-13.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.780.0050.000.004.00
Total Volume21.143078210
Total OI2,551.5242,1332,7602,7282,198

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$35.80$35.0026.9%9.6%19.1%17.5%30.6%1.7%6.6%-17.4K-1.0M-16.0K0.0064.42N/AN/A201,7211,007
2019-04-02$35.48$35.0026.9%9.5%18.8%17.5%30.9%1.9%6.2%-30.2K-781.7K-15.2K0.0065.89N/AN/A501,7191,007
2019-04-03$35.94$35.0027.3%9.6%19.0%18.1%31.5%4.4%-3.3%-18.5K-1.1M-15.6K0.1775.19N/AN/A611,7191,007
2019-04-04$36.38$35.0030.1%9.6%19.5%23.3%34.0%3.7%-2.8%3.8K-1.4M-15.4K0.1465.34N/AN/A711,7191,007
2019-04-05$36.48$35.0027.8%9.8%17.9%19.0%31.0%7.2%-3.1%5.0K-1.5M-16.0K0.2081.02N/AN/A511,7181,007
2019-04-08$36.14$35.0028.4%9.9%18.2%20.1%0.0%5.9%-3.7%-18.8K-1.3M-14.9K0.0068.35N/AN/A101,7181,006
2019-04-09$35.60$35.0028.8%9.8%19.1%20.9%0.0%5.0%-3.6%-53.9K-872.4K-14.3K31.0074.91N/AN/A1311,7181,006
2019-04-10$35.81$35.0033.8%9.7%18.3%30.3%34.0%-8.1%-3.3%-49.0K-1.1M-14.2K3.8890.93N/AN/A16621,7181,019
2019-04-11$35.70$35.0034.4%9.8%18.3%31.3%34.3%6.5%-3.5%-66.8K-918.9K-14.2K3.8875.26N/AN/A16621,7171,040
2019-04-12$36.00$35.0033.7%9.7%18.5%30.1%34.1%5.5%-3.0%-44.0K-1.3M-14.5K3.8875.58N/AN/A16621,7171,040
2019-04-15$36.23$35.0035.5%10.2%17.8%33.4%35.4%4.9%-4.8%-22.9K-1.5M-14.0K0.0075.52N/AN/A301,7171,040
2019-04-16$36.28$35.0034.3%9.8%17.8%31.2%34.3%4.1%-3.0%28.0K-1.7M-13.6K0.0082.24N/AN/A301,7201,040
2019-04-17$36.53$35.0035.8%10.3%17.9%34.0%35.9%5.4%-4.5%34.6K-1.8M-13.9K0.0081.25N/AN/A301,7201,040
2019-04-18$36.49$35.0035.7%10.2%17.9%33.7%35.7%4.6%-4.7%108.3K-1.9M-13.4K0.0075.19N/AN/A301,7201,040
2019-04-22$35.62$35.0036.9%10.6%15.2%36.0%0.0%4.9%-5.5%91.7K-1.4M-12.4K0.0076.38N/AN/A001,649484
2019-04-23$35.85$35.0036.6%10.5%15.3%35.4%36.6%5.6%-5.5%97.2K-1.4M-12.3K50.0075.40N/AN/A1501,649484
2019-04-24$37.12$35.0039.5%11.3%19.3%40.9%39.6%4.8%-7.2%113.4K-2.0M-13.7K50.0080.91N/AN/A1501,650534
2019-04-25$36.34$35.0039.2%11.2%21.0%40.3%39.2%4.2%-7.3%99.6K-1.6M-12.9K0.5084.98N/AN/A211,650534
2019-04-26$36.35$35.0039.5%11.3%20.6%40.9%39.5%3.4%-6.6%100.2K-1.6M-12.9K8.0084.77N/AN/A2161,650534
2019-04-29$36.84$35.0041.7%12.0%21.1%45.0%41.6%4.3%-9.0%108.9K-1.8M-13.3K0.0078.34N/AN/A401,650549
2019-04-30$36.70$35.0043.8%12.6%21.1%48.9%43.9%4.1%-10.3%105.4K-1.8M-13.3K4.0085.71N/AN/A281,649549