WWW Options History — January 2021

In January 2021, WWW traded between $28.57 and $33.91. ATM implied volatility averaged 48.1%, placing in the 15.8% IV rank vs the trailing year. The 30-day expected move averaged 14.0%. IV traded above realized volatility by 8.4% (HV 20d: 39.7%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 16 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 1.47.

Notable Days

  • 2021-01-25: Highest Volume — 144 contracts
  • 2021-01-13: Largest IV spike — 72.1% change
  • 2021-01-27: Highest IV Rank — 32.9%
  • 2021-01-27: Largest Expected Move — 22.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.27$28.57$33.91$30.28$28.57
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV48.1%28.6%77.3%48.2%54.7%
Expected Move14.0%11.1%22.2%13.2%15.7%
HV 20d39.7%30.7%44.0%31.2%44.0%
HV 60d46.4%44.6%47.8%44.6%45.1%
IV Rank15.8%5.3%32.9%18.6%18.1%
IV Percentile29.2%1.2%84.1%30.2%45.2%
Term Structure1.8%-2.6%5.3%1.6%1.0%
VWIV51.0%41.2%97.5%45.9%54.8%
Skew 25d11.3%2.1%32.2%10.9%2.1%
Skew 10d17.8%-10.6%44.4%26.8%12.0%
Call IV 25d44.4%32.9%65.0%42.0%60.7%
Put IV 25d55.7%44.6%97.1%52.9%62.7%
Bid-Ask Spread %91.2369.61107.8772.32104.72
Gamma HHI0.390.330.640.330.42
Net GEX11.9K-6.1K42.1K11.4K-6.1K
Net DEX-390.2K-767.9K-15.5K-261.5K-15.5K
Net VEX-3.3K-3.7K-3.0K-3.7K-3.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.470.007.500.080.00
Total Volume27.7890144134
Total OI1,003.9478061,1541,096988

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-01-04$30.28$30.0048.2%13.2%31.2%18.6%45.9%10.9%1.6%11.4K-261.5K-3.7K0.0872.32N/AN/A121513583
2021-01-05$31.14$30.0048.7%12.9%30.7%18.9%41.2%9.4%3.2%15.4K-388.8K-3.7K0.3369.61N/AN/A155516583
2021-01-06$32.77$30.0040.1%11.1%35.5%13.6%0.0%14.3%5.3%26.0K-613.1K-3.7K0.1381.86N/AN/A162516580
2021-01-07$32.56$30.0044.0%11.9%35.3%16.0%42.1%7.6%3.2%27.6K-650.4K-3.5K0.0092.57N/AN/A40514580
2021-01-08$32.04$30.0042.4%13.4%35.4%15.0%0.0%7.8%2.6%18.0K-533.2K-3.3K7.5080.35N/AN/A430518580
2021-01-11$33.17$30.0034.5%12.0%35.8%10.1%42.7%5.5%3.4%25.2K-622.5K-3.6K0.1782.95N/AN/A61518609
2021-01-12$33.91$30.0028.6%11.7%36.0%5.3%0.0%10.4%3.4%42.1K-767.9K-3.3K0.0085.63N/AN/A420522610
2021-01-13$31.86$30.0049.2%14.1%43.2%18.2%43.3%10.3%-0.2%9.9K-499.6K-3.3K0.0086.69N/AN/A30543610
2021-01-14$32.15$30.0048.7%14.0%42.3%14.2%0.0%10.8%2.8%9.1K-541.5K-3.3K0.0090.11N/AN/A00544610
2021-01-15$31.79$30.0048.3%13.9%42.4%13.9%43.9%11.0%3.5%7.3K-518.9K-3.2K0.0092.25N/AN/A380544610
2021-01-19$31.12$30.0048.7%14.0%42.7%14.2%48.6%6.1%-0.1%7.9K-313.5K-3.1K3.0098.48N/AN/A13409397
2021-01-20$30.97$30.0051.9%14.9%42.5%16.3%51.2%9.0%-0.9%7.4K-300.4K-3.2K0.00101.31N/AN/A10411398
2021-01-21$31.00$30.0048.3%13.8%42.2%13.9%0.0%7.8%0.7%7.8K-316.1K-3.1K0.0096.51N/AN/A00412398
2021-01-22$30.52$30.0047.3%13.6%42.6%13.3%53.3%9.8%1.7%5.8K-251.3K-3.0K2.8096.34N/AN/A514412398
2021-01-25$31.10$30.0050.9%14.6%42.7%15.6%41.5%13.0%3.3%7.8K-319.0K-3.1K0.0095.31N/AN/A1440416412
2021-01-26$30.23$30.0047.7%13.7%43.3%13.5%60.1%6.7%3.8%6.9K-243.2K-3.0K5.9296.46N/AN/A1377465412
2021-01-27$29.57$30.0077.3%22.2%43.9%32.9%97.5%32.2%-2.6%-1.1K-124.8K-3.4K5.00107.87N/AN/A1260468490
2021-01-28$29.47$30.0055.0%15.8%42.8%18.3%48.1%30.2%-1.9%-1.9K-133.1K-3.2K0.00102.06N/AN/A150466520
2021-01-29$28.57$30.0054.7%15.7%44.0%18.1%54.8%2.1%1.0%-6.1K-15.5K-3.2K0.00104.72N/AN/A40468520