WWW Options History — November 2019

In November 2019, WWW traded between $29.90 and $33.62. ATM implied volatility averaged 35.5%, placing in the 35.5% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 8.7% (HV 20d: 26.8%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 3.66.

Notable Days

  • 2019-11-06: Highest Volume — 193 contracts
  • 2019-11-11: Largest IV spike — 49.5% change
  • 2019-11-06: Highest IV Rank — 83.7%
  • 2019-11-01: Largest Expected Move — 15.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.19$29.90$33.62$30.07$32.21
Max Pain$28.25$25.00$30.00$25.00$30.00
ATM IV35.5%18.9%61.4%54.2%27.0%
Expected Move8.4%5.4%15.5%15.5%7.7%
HV 20d26.8%19.4%30.3%21.1%29.4%
HV 60d33.3%29.1%36.7%36.7%29.1%
IV Rank35.5%4.5%83.7%68.8%19.8%
IV Percentile40.8%0.4%98.8%96.0%14.7%
Term Structure1.1%-17.5%7.2%-17.5%7.2%
VWIV30.0%23.2%49.4%49.4%23.2%
Skew 25d6.5%2.8%23.6%23.6%15.4%
Skew 10d6.0%-2.5%37.6%37.6%10.6%
Call IV 25d27.4%14.9%39.5%39.5%14.9%
Put IV 25d33.9%27.6%63.1%63.1%30.3%
Bid-Ask Spread %80.4165.8897.8287.3871.95
Gamma HHI0.470.290.690.470.69
Net GEX1.1K-13.9K6.7K5.9K6.7K
Net DEX-514.5K-966.1K-282.0K-574.1K-296.4K
Net VEX-1.3K-1.7K-720-1.7K-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.660.0019.500.180.00
Total Volume32.350193130
Total OI770.05680912698736

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-11-01$30.07$25.0054.2%15.5%21.1%68.8%49.4%23.6%-17.5%5.9K-574.1K-1.7K0.1887.38N/AN/A112355343
2019-11-04$29.90$25.0058.4%10.8%21.3%76.4%0.0%6.8%-1.9%5.8K-558.4K-1.6K0.0083.95N/AN/A00356344
2019-11-05$30.19$25.0061.4%10.9%20.0%82.0%0.0%6.4%-2.5%6.4K-596.7K-1.5K0.0080.83N/AN/A00356344
2019-11-06$30.32$25.0061.0%10.6%19.4%83.7%36.9%9.9%-1.6%6.6K-628.1K-1.4K11.0685.42N/AN/A16177356344
2019-11-07$31.51$25.0033.6%8.6%21.6%32.2%27.5%4.1%3.8%-13.9K-721.2K-1.3K4.9297.82N/AN/A1259359517
2019-11-08$33.36$25.0035.6%7.3%27.2%36.0%30.1%4.6%6.2%3.6K-966.1K-7200.0082.68N/AN/A630357472
2019-11-11$32.98$25.0053.2%7.7%27.1%69.2%26.6%2.8%3.8%758-804.5K-8873.6788.74N/AN/A1244331472
2019-11-12$32.94$30.0044.8%7.8%27.2%53.3%0.0%3.5%4.7%-2.5K-719.1K-1.1K0.0086.13N/AN/A10341512
2019-11-13$32.62$30.0025.8%7.4%27.8%17.5%25.9%4.0%5.1%-4.1K-645.7K-1.1K2.0089.95N/AN/A3060332512
2019-11-14$33.06$30.0025.9%7.4%27.9%17.7%0.0%4.6%5.3%-4.5K-582.7K-1.2K0.0090.01N/AN/A10340572
2019-11-15$33.06$30.0025.8%7.4%27.7%17.4%0.0%4.3%5.3%-4.1K-589.4K-1.1K0.0088.27N/AN/A10340572
2019-11-18$33.62$30.0026.7%7.7%27.9%19.2%26.7%4.4%-0.3%-6.8K-339.8K-1.1K0.2068.15N/AN/A5110243437
2019-11-19$32.94$30.0026.7%7.6%29.6%19.1%0.0%4.6%0.4%-1.0K-311.7K-1.6K0.0065.88N/AN/A130294447
2019-11-20$32.60$30.0024.1%6.9%30.1%14.3%23.6%5.5%1.5%1.4K-284.0K-1.6K17.0077.50N/AN/A234307447
2019-11-21$32.10$30.0031.7%9.1%30.1%28.5%23.2%3.5%-0.7%6.5K-282.0K-1.6K19.5068.71N/AN/A239307422
2019-11-22$32.50$30.0031.5%9.0%30.2%28.1%0.0%5.3%-1.3%5.1K-328.3K-1.5K0.0069.38N/AN/A20307425
2019-11-25$32.67$30.0024.3%7.0%30.2%14.6%0.0%6.5%1.2%3.4K-352.3K-1.4K0.0071.86N/AN/A10309425
2019-11-26$32.65$30.0020.4%5.8%30.3%7.2%0.0%7.0%2.2%1.2K-376.2K-1.4K0.0079.40N/AN/A00309425
2019-11-27$32.57$30.0018.9%5.4%29.9%4.5%0.0%3.2%1.5%4.7K-333.7K-1.4K0.0074.21N/AN/A40309425
2019-11-29$32.21$30.0027.0%7.7%29.4%19.8%0.0%15.4%7.2%6.7K-296.4K-1.4K0.0071.95N/AN/A00311425