WWW Options History — April 2021

In April 2021, WWW traded between $37.78 and $42.41. ATM implied volatility averaged 41.1%, placing in the 13.8% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 5.5% (HV 20d: 35.6%). Max pain ranged from $30.00 to $40.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.33.

Notable Days

  • 2021-04-13: Highest Volume — 248 contracts
  • 2021-04-12: Largest IV spike — 56.8% change
  • 2021-04-06: Highest IV Rank — 23.2%
  • 2021-04-30: Largest Expected Move — 13.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.63$37.78$42.41$37.78$41.47
Max Pain$35.71$30.00$40.00$40.00$40.00
ATM IV41.1%28.7%50.6%39.0%45.5%
Expected Move11.8%10.6%13.0%11.2%13.0%
HV 20d35.6%26.8%43.0%42.9%26.8%
HV 60d41.9%40.4%45.0%45.0%40.8%
IV Rank13.8%1.6%23.2%11.7%18.1%
IV Percentile15.5%0.8%42.1%5.6%29.0%
Term Structure-2.5%-8.6%11.1%1.8%-7.5%
VWIV42.4%39.8%50.9%40.1%43.9%
Skew 25d3.1%-13.8%18.3%-0.0%2.5%
Skew 10d9.3%-11.8%25.6%-11.8%4.9%
Call IV 25d43.0%28.6%61.4%39.9%46.0%
Put IV 25d46.1%39.9%55.3%39.9%48.6%
Bid-Ask Spread %92.5680.27101.7287.8784.50
Gamma HHI0.470.300.790.500.41
Net GEX10.1K-38534.2K10.7K11.2K
Net DEX-362.8K-794.1K-42.3K-145.0K-610.8K
Net VEX-3.4K-4.1K-2.8K-3.6K-3.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.330.005.861.004.12
Total Volume47.667024820
Total OI1,283.2867271,7431,635913

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$37.78$40.0039.0%11.2%42.9%11.7%40.1%-0.0%1.8%10.7K-145.0K-3.6K1.0087.87N/AN/A111,129506
2021-04-05$38.39$30.0033.3%12.3%43.0%6.1%0.0%2.7%-5.6%13.5K-223.0K-3.5K0.0080.27N/AN/A001,130505
2021-04-06$38.78$30.0050.6%11.8%41.3%23.2%0.0%-13.8%-0.8%34.2K-488.3K-3.8K0.0098.81N/AN/A201,133505
2021-04-07$38.05$30.0049.6%11.6%41.9%22.2%41.9%-9.4%-2.6%16.1K-266.6K-3.3K4.00101.72N/AN/A5201,135505
2021-04-08$38.06$35.0028.8%10.9%39.9%1.7%0.0%3.9%-1.2%10.2K-182.1K-3.3K1.0096.61N/AN/A111,136525
2021-04-09$38.39$35.0028.7%10.6%38.4%1.6%50.9%6.8%0.7%7.6K-143.9K-2.9K0.2597.10N/AN/A411,137524
2021-04-12$38.69$35.0045.0%11.5%37.8%17.7%40.3%6.6%-2.0%9.9K-160.7K-2.9K0.00100.19N/AN/A501,137524
2021-04-13$38.28$35.0045.5%11.9%36.7%18.1%47.1%-1.2%-2.4%5.8K-119.5K-2.8K3.20100.28N/AN/A591891,139524
2021-04-14$38.91$35.0038.0%10.9%37.2%10.8%0.0%6.1%-1.1%10.2K-133.7K-3.1K0.0099.47N/AN/A101,139558
2021-04-15$38.70$35.0040.2%11.5%36.9%12.9%39.9%11.8%-1.5%8.1K-144.8K-2.9K5.8699.56N/AN/A7411,138558
2021-04-16$39.62$35.0038.0%10.9%37.5%10.8%42.1%2.7%11.1%1.5K-42.3K-3.3K0.0498.16N/AN/A5521,144599
2021-04-19$39.37$35.0039.1%11.2%37.6%11.8%39.8%18.3%-2.4%1.9K-331.4K-3.2K1.0793.78N/AN/A2830364363
2021-04-20$38.68$35.0041.1%11.8%37.9%13.8%41.9%4.9%-2.8%-385-290.6K-3.3K1.0689.34N/AN/A3133391395
2021-04-21$39.83$35.0041.3%11.8%33.8%13.9%41.5%4.2%-2.8%2.0K-393.9K-3.3K0.0086.75N/AN/A180388428
2021-04-22$40.86$35.0040.8%11.7%32.7%13.5%40.2%-11.2%-3.5%8.6K-597.3K-3.4K1.9197.51N/AN/A2344407428
2021-04-23$41.70$35.0042.0%12.0%31.5%14.6%42.1%4.7%-8.6%12.8K-695.1K-3.5K0.4384.76N/AN/A12152413454
2021-04-26$40.72$40.0042.7%12.2%30.9%15.4%42.4%6.1%-4.3%6.6K-524.3K-4.1K1.3884.39N/AN/A811423485
2021-04-27$41.64$40.0043.6%12.5%28.1%16.3%43.0%6.0%-5.3%12.8K-649.0K-3.9K0.0087.05N/AN/A290426496
2021-04-28$41.84$40.0044.3%12.7%27.2%17.0%42.3%8.9%-4.5%13.5K-683.4K-3.9K0.0094.30N/AN/A40429494
2021-04-29$42.41$40.0045.4%13.0%27.2%18.0%43.9%4.0%-8.3%15.9K-794.1K-3.6K4.1281.28N/AN/A34140428494
2021-04-30$41.47$40.0045.5%13.0%26.8%18.1%0.0%2.5%-7.5%11.2K-610.8K-3.8K0.0084.50N/AN/A00424489