WWW Options History — July 2021

In July 2021, WWW traded between $30.41 and $34.48. ATM implied volatility averaged 42.7%, placing in the 17.4% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded above realized volatility by 9.2% (HV 20d: 33.4%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 2.84.

Notable Days

  • 2021-07-29: Highest Volume — 4,191 contracts
  • 2021-07-07: Largest IV spike — 106.4% change
  • 2021-07-07: Highest IV Rank — 46.1%
  • 2021-07-28: Largest Expected Move — 13.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.77$30.41$34.48$33.99$33.45
Max Pain$30.48$30.00$35.00$35.00$30.00
ATM IV42.7%30.6%73.9%33.5%38.8%
Expected Move11.5%8.8%13.3%9.6%11.1%
HV 20d33.4%27.6%37.5%33.4%37.5%
HV 60d44.0%43.1%45.0%43.2%44.4%
IV Rank17.4%3.5%46.1%6.3%14.1%
IV Percentile33.5%1.6%96.8%4.4%21.8%
Term Structure-2.8%-10.2%3.7%3.7%-7.3%
VWIV44.1%32.5%98.4%35.3%39.2%
Skew 25d5.7%-2.5%22.4%3.4%-2.1%
Skew 10d10.3%-57.5%34.9%0.5%4.5%
Call IV 25d39.4%29.2%43.0%38.1%40.8%
Put IV 25d45.1%37.3%51.7%41.5%38.7%
Bid-Ask Spread %79.5964.84112.2899.0072.19
Gamma HHI0.280.220.360.360.24
Net GEX8.5K-77217.9K12.6K13.6K
Net DEX-95.2K-562.3K349.6K-189.9K-423.2K
Net VEX-3.7K-4.2K-3.1K-4.1K-3.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.840.0029.000.150.24
Total Volume232.04844,1918621
Total OI1,140.4769031,3261,1371,083

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$33.99$35.0033.5%9.6%33.4%6.3%35.3%3.4%3.7%12.6K-189.9K-4.1K0.1599.00N/AN/A7511743394
2021-07-02$33.54$35.0030.6%8.8%33.7%3.5%32.5%-2.5%-0.1%13.3K-126.7K-4.2K1.43112.28N/AN/A710806394
2021-07-06$32.93$30.0035.8%10.7%34.1%8.6%56.5%3.9%-1.0%10.7K51.8K-3.9K5.5070.40N/AN/A633806394
2021-07-07$32.28$30.0073.9%12.3%31.3%46.1%42.2%4.6%-1.9%7.8K73.7K-3.9K4.2067.42N/AN/A521807426
2021-07-08$31.85$30.0038.9%11.3%31.4%11.7%35.3%0.5%-5.2%5.1K252.7K-3.7K5.7174.82N/AN/A21120806443
2021-07-09$33.11$30.0044.0%10.9%35.0%16.6%43.0%4.3%-1.4%10.3K1.6K-4.0K0.2575.74N/AN/A41822489
2021-07-12$33.01$30.0039.3%10.7%33.0%12.0%37.8%4.8%-1.3%7.0K190.5K-3.6K0.0674.18N/AN/A171820489
2021-07-13$32.58$30.0053.3%11.2%32.1%25.9%98.4%2.1%-1.6%6.6K206.4K-3.8K5.0073.07N/AN/A210825489
2021-07-14$32.25$30.0042.6%12.2%32.2%18.7%39.9%3.4%-0.3%4.5K263.0K-3.4K0.0064.84N/AN/A40827499
2021-07-15$31.72$30.0041.8%12.0%32.3%17.8%47.8%5.3%0.7%780349.6K-3.2K29.0080.28N/AN/A129831492
2021-07-16$31.05$30.0042.5%12.2%29.5%18.6%39.4%8.4%-2.4%1.6K115.1K-3.7K0.2978.58N/AN/A72832450
2021-07-19$30.41$30.0043.5%12.5%27.6%19.8%43.0%9.4%-6.1%-77227.0K-3.1K0.0072.25N/AN/A70530373
2021-07-20$32.22$30.0046.0%13.2%33.7%22.8%45.1%5.7%-5.1%4.0K-267.8K-4.0K0.1165.41N/AN/A627537373
2021-07-21$32.35$30.0046.1%13.2%33.8%22.9%41.8%6.2%-4.4%4.4K-198.5K-3.4K0.0084.33N/AN/A430588377
2021-07-22$32.13$30.0044.9%12.9%33.5%21.5%41.2%6.8%-2.9%8.2K-199.1K-3.3K5.5077.15N/AN/A1055617377
2021-07-23$33.17$30.0039.6%11.3%35.2%15.1%41.3%10.5%-4.2%10.8K-305.5K-3.6K0.1691.72N/AN/A254617414
2021-07-26$33.99$30.0039.1%11.2%35.1%14.5%39.1%7.8%-2.7%14.0K-434.8K-3.7K1.1182.54N/AN/A910617414
2021-07-27$33.52$30.0041.0%11.7%35.4%16.7%55.7%6.7%-3.2%11.6K-339.9K-3.4K0.0078.67N/AN/A100623418
2021-07-28$34.14$30.0046.6%13.3%36.0%23.5%37.5%7.9%-10.2%14.8K-482.6K-3.7K0.0067.07N/AN/A320627422
2021-07-29$34.48$30.0034.3%9.8%35.9%8.7%34.4%22.4%-1.5%17.9K-562.3K-3.5K0.96109.40N/AN/A2,1332,058637422
2021-07-30$33.45$30.0038.8%11.1%37.5%14.1%39.2%-2.1%-7.3%13.6K-423.2K-3.4K0.2472.19N/AN/A174658425