WWW Options History — July 2019

In July 2019, WWW traded between $26.68 and $27.80. ATM implied volatility averaged 37.4%, placing in the 38.1% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 17.4% (HV 20d: 20.0%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 2.05.

Notable Days

  • 2019-07-26: Highest Volume — 155 contracts
  • 2019-07-10: Largest IV spike — 57.6% change
  • 2019-07-31: Highest IV Rank — 65.0%
  • 2019-07-31: Largest Expected Move — 14.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.36$26.68$27.80$27.54$27.41
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV37.4%16.5%52.1%16.5%52.1%
Expected Move11.3%4.7%14.9%4.7%14.9%
HV 20d20.0%18.3%21.5%18.3%19.3%
HV 60d32.3%31.6%33.1%32.1%31.6%
IV Rank38.1%0.0%65.0%0.0%65.0%
IV Percentile64.8%0.0%95.6%0.0%95.6%
Term Structure-4.2%-13.5%19.3%19.3%-13.5%
VWIV43.4%37.4%49.3%42.6%49.3%
Skew 25d4.3%-1.7%8.2%2.1%2.4%
Skew 10d10.3%-5.0%17.7%3.5%-5.0%
Call IV 25d36.6%17.1%49.2%17.1%49.2%
Put IV 25d40.8%19.2%51.6%19.2%51.6%
Bid-Ask Spread %75.3949.0189.5049.7582.22
Gamma HHI0.380.270.540.300.41
Net GEX5.6K-1.2K10.2K9.3K135
Net DEX-192.1K-229.1K-115.7K-181.4K-186.4K
Net VEX-1.7K-2.2K-1.2K-1.4K-2.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.050.0021.805.000.43
Total Volume53.90931551010
Total OI1,558.4551,4061,8281,4071,828

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-07-01$27.54$25.0016.5%4.7%18.3%0.0%0.0%2.1%19.3%9.3K-181.4K-1.4K0.0049.75N/AN/A0101,288119
2019-07-02$27.16$25.0025.5%7.3%18.4%16.3%0.0%-1.7%5.2%8.5K-152.5K-1.5K5.0049.01N/AN/A2101,288118
2019-07-03$27.77$25.0020.7%5.9%20.2%7.6%0.0%0.1%17.8%10.2K-195.0K-1.4K0.5953.98N/AN/A17101,290118
2019-07-05$27.80$25.0019.3%10.1%20.2%5.1%42.6%7.9%-3.3%10.0K-204.4K-1.4K0.6580.38N/AN/A17111,296118
2019-07-08$27.51$25.0026.9%10.4%20.2%18.8%39.8%4.0%-3.4%10.2K-198.8K-1.4K2.0075.40N/AN/A121,296117
2019-07-09$27.14$25.0025.4%11.7%20.6%16.2%37.4%4.6%-6.0%7.1K-163.6K-1.2K0.0774.43N/AN/A4631,297117
2019-07-10$27.04$25.0040.1%11.5%20.6%43.0%39.1%3.5%-5.6%8.7K-183.8K-1.5K1.1179.45N/AN/A47521,343118
2019-07-11$26.68$25.0040.2%11.5%19.2%43.3%39.9%4.2%-5.5%4.9K-140.3K-1.6K1.0677.76N/AN/A52551,344169
2019-07-12$27.37$25.0038.6%11.1%21.4%40.4%39.2%1.8%-0.7%7.8K-213.2K-1.8K1.4976.84N/AN/A37551,351170
2019-07-15$27.14$25.0042.1%12.1%21.5%46.7%0.0%4.1%-5.8%6.8K-205.5K-1.7K0.0077.47N/AN/A701,360167
2019-07-16$27.49$25.0042.8%12.3%20.6%47.9%42.6%4.4%-5.8%7.6K-229.1K-1.7K0.0376.73N/AN/A3111,362167
2019-07-17$27.35$25.0041.2%11.8%20.0%45.1%41.3%3.6%-5.0%6.4K-221.2K-1.6K0.0679.42N/AN/A1611,386168
2019-07-18$27.05$25.0042.3%12.1%18.9%47.1%41.8%3.5%-6.0%5.9K-202.8K-1.6K1.3177.69N/AN/A16211,390167
2019-07-19$27.26$25.0046.1%13.2%18.9%54.0%45.7%6.1%-8.9%7.2K-222.3K-1.8K1.5068.72N/AN/A14211,390187
2019-07-22$26.85$25.0045.9%13.2%19.7%53.6%45.4%4.0%-10.0%5.2K-131.8K-1.6K21.8079.40N/AN/A51091,350161
2019-07-23$27.38$25.0045.5%13.0%20.9%52.8%44.2%4.2%-9.3%-271-115.7K-1.9K2.4280.52N/AN/A451091,350270
2019-07-24$27.57$25.0041.6%11.9%21.0%45.8%46.5%5.7%-8.2%2.4K-213.8K-2.0K0.4079.32N/AN/A50201,390270
2019-07-25$27.53$25.0041.4%11.9%19.9%45.4%45.7%8.1%-6.4%3.1K-223.5K-2.1K0.2686.71N/AN/A50131,400280
2019-07-26$27.60$25.0040.9%11.7%19.9%44.6%49.0%8.2%-8.1%2.0K-215.7K-2.0K1.8789.50N/AN/A541011,400283
2019-07-29$27.66$25.0043.9%12.6%19.7%50.0%44.7%6.3%-11.2%-1.2K-205.0K-2.2K0.0080.34N/AN/A5101,406369
2019-07-30$27.63$25.0043.5%12.5%19.8%49.4%47.5%6.9%-11.9%1.6K-220.1K-2.2K1.0083.60N/AN/A771,457371
2019-07-31$27.41$25.0052.1%14.9%19.3%65.0%49.3%2.4%-13.5%135-186.4K-2.2K0.4382.22N/AN/A731,457371