WWW Options History — July 2020

In July 2020, WWW traded between $20.88 and $24.88. ATM implied volatility averaged 68.7%, placing in the 31.6% IV rank vs the trailing year. The 30-day expected move averaged 18.1%. IV traded above realized volatility by 11.3% (HV 20d: 57.3%). Max pain ranged from $22.50 to $22.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 3.52.

Notable Days

  • 2020-07-06: Highest Volume — 519 contracts
  • 2020-07-13: Largest IV spike — 54.1% change
  • 2020-07-13: Highest IV Rank — 68.6%
  • 2020-07-09: Largest Expected Move — 20.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.85$20.88$24.88$23.46$23.81
Max Pain$22.50$22.50$22.50$22.50$22.50
ATM IV68.7%56.3%128.6%69.5%66.2%
Expected Move18.1%16.1%20.3%19.9%19.0%
HV 20d57.3%48.3%70.7%70.7%51.9%
HV 60d73.7%66.7%86.0%86.0%67.0%
IV Rank31.6%24.0%68.6%32.2%30.1%
IV Percentile75.5%57.9%98.8%82.1%75.8%
Term Structure-3.5%-9.4%9.5%-7.7%-5.4%
VWIV63.0%52.6%81.0%81.0%66.6%
Skew 25d14.9%-40.3%57.6%57.6%15.0%
Skew 10d43.1%-65.2%127.4%74.7%33.6%
Call IV 25d62.5%41.0%120.3%69.3%57.3%
Put IV 25d77.4%58.5%126.8%126.8%72.3%
Bid-Ask Spread %88.2570.25104.3989.6486.25
Gamma HHI0.280.210.400.350.25
Net GEX11.3K4.8K19.4K17.8K11.8K
Net DEX-484.8K-773.1K-201.5K-773.1K-555.7K
Net VEX-3.9K-4.5K-3.6K-4.5K-3.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.520.0025.000.000.33
Total Volume64.091051908
Total OI1,222.9099551,4901,2931,142

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$23.46$22.5069.5%19.9%70.7%32.2%0.0%57.6%-7.7%17.8K-773.1K-4.5K0.0089.64N/AN/A00867426
2020-07-02$23.02$22.5064.9%18.6%67.8%29.3%81.0%-40.3%2.2%18.1K-716.8K-4.3K0.00104.39N/AN/A20867426
2020-07-06$23.13$22.5072.1%17.7%60.9%33.8%76.1%-14.3%-1.7%19.4K-715.3K-4.2K0.8476.99N/AN/A282237868426
2020-07-07$21.90$22.5072.7%17.2%62.7%34.1%57.5%3.5%-5.5%14.9K-466.0K-4.1K5.2581.88N/AN/A421863426
2020-07-08$21.82$22.5068.5%18.4%62.1%31.5%0.0%42.7%-7.8%14.3K-424.1K-4.0K15.5085.49N/AN/A462866446
2020-07-09$20.88$22.5078.2%20.3%61.7%37.5%60.6%7.5%-4.8%7.6K-201.5K-3.9K4.9277.47N/AN/A1259866507
2020-07-10$21.51$22.5083.4%19.1%53.4%40.7%60.7%53.6%-9.4%10.7K-300.3K-4.0K25.0088.14N/AN/A250868558
2020-07-13$21.55$22.50128.6%18.7%53.2%68.6%0.0%22.1%-8.6%5.1K-213.3K-3.6K0.0085.05N/AN/A50868607
2020-07-14$21.45$22.5069.5%18.4%53.2%32.1%0.0%15.0%-2.6%7.0K-223.6K-3.6K0.0070.25N/AN/A02865607
2020-07-15$23.28$22.5063.7%18.3%57.6%28.6%75.9%-1.9%-2.7%15.8K-643.7K-4.0K1.9684.00N/AN/A137268865607
2020-07-16$23.12$22.5062.9%18.0%56.2%28.1%52.6%13.4%-2.5%10.3K-615.9K-4.0K0.0091.39N/AN/A200866607
2020-07-17$22.35$22.5066.3%19.0%57.3%30.2%0.0%18.7%0.3%18.5K-322.7K-4.0K7.00100.88N/AN/A17883607
2020-07-20$22.06$22.5064.8%18.6%57.4%29.2%66.3%14.9%-7.7%4.8K-342.5K-3.7K0.0092.48N/AN/A60616339
2020-07-21$22.81$22.5056.3%16.1%58.7%24.0%54.1%18.4%9.5%6.2K-388.5K-3.8K0.17103.49N/AN/A539622339
2020-07-22$23.38$22.5062.1%17.8%58.1%27.6%0.0%14.4%-4.8%8.4K-481.3K-3.8K0.0085.18N/AN/A00670342
2020-07-23$23.40$22.5058.3%16.7%57.6%25.3%57.8%10.7%-1.5%8.9K-492.5K-3.9K0.0094.56N/AN/A70670342
2020-07-24$22.96$22.5058.9%16.9%56.3%25.6%0.0%12.3%-3.6%8.4K-451.7K-3.7K0.0095.03N/AN/A02676342
2020-07-27$23.44$22.5062.6%18.0%54.8%27.9%57.7%19.6%-4.7%9.1K-480.5K-3.9K0.5784.23N/AN/A74675342
2020-07-28$23.69$22.5067.2%19.3%48.3%30.7%67.5%15.1%-2.7%9.5K-547.3K-3.9K0.0879.60N/AN/A131682345
2020-07-29$24.88$22.5057.0%16.3%50.7%24.4%53.4%17.5%-3.5%11.1K-672.4K-3.8K0.06102.52N/AN/A322693346
2020-07-30$24.70$22.5056.8%16.3%50.5%24.3%57.4%11.5%-2.8%11.3K-637.4K-3.9K1.6082.71N/AN/A3556711348
2020-07-31$23.81$22.5066.2%19.0%51.9%30.1%66.6%15.0%-5.4%11.8K-555.7K-3.9K0.3386.25N/AN/A62743399