WWW Options History — November 2021

In November 2021, WWW traded between $31.16 and $37.73. ATM implied volatility averaged 41.5%, placing in the 23.4% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded below realized volatility by 3.7% (HV 20d: 45.2%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.81.

Notable Days

  • 2021-11-09: Highest Volume — 270 contracts
  • 2021-11-29: Largest IV spike — 28.8% change
  • 2021-11-29: Highest IV Rank — 54.0%
  • 2021-11-29: Largest Expected Move — 17.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.35$31.16$37.73$34.13$31.39
Max Pain$34.29$30.00$35.00$30.00$35.00
ATM IV41.5%34.6%59.5%42.4%46.0%
Expected Move11.5%9.9%17.1%12.2%13.2%
HV 20d45.2%27.6%55.8%29.0%54.6%
HV 60d39.4%33.4%42.5%33.4%42.5%
IV Rank23.4%11.6%54.0%24.9%31.1%
IV Percentile48.6%12.3%98.0%53.6%77.4%
Term Structure-0.3%-8.9%15.4%-5.7%-5.4%
VWIV44.5%35.7%64.5%38.7%59.5%
Skew 25d6.1%-24.0%18.9%15.7%5.4%
Skew 10d13.1%-46.0%58.7%25.5%-3.7%
Call IV 25d42.0%28.1%75.4%35.6%48.6%
Put IV 25d48.1%37.3%70.1%51.4%53.9%
Bid-Ask Spread %88.8867.12109.61100.55101.93
Gamma HHI0.370.290.480.440.41
Net GEX12.8K3.7K29.1K16.7K4.7K
Net DEX-275.7K-877.0K103.0K-363.2K103.0K
Net VEX-2.2K-2.7K-1.5K-2.5K-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.810.471.391.320.51
Total Volume188.0959327093240
Total OI893.7147721,027784884

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$34.13$30.0042.4%12.2%29.0%24.9%38.7%15.7%-5.7%16.7K-363.2K-2.5K1.32100.55N/AN/A4053541243
2021-11-02$34.56$30.0042.4%12.2%29.1%25.0%43.6%10.6%-5.9%17.7K-406.6K-2.5K0.51103.22N/AN/A9850540243
2021-11-03$36.47$30.0048.3%13.8%30.7%34.9%52.6%-24.0%-8.9%24.7K-706.8K-2.6K0.62107.37N/AN/A8955550243
2021-11-04$36.76$35.0048.3%11.0%30.6%35.0%38.6%4.3%0.1%25.2K-748.0K-2.6K0.7182.38N/AN/A9567550246
2021-11-05$37.71$35.0046.3%10.8%27.6%31.6%42.9%4.1%-3.3%21.4K-757.0K-2.5K0.5073.97N/AN/A10352566258
2021-11-08$37.73$35.0048.4%10.7%27.8%35.1%42.3%6.7%-0.4%21.9K-811.1K-2.5K0.5474.42N/AN/A9652597261
2021-11-09$37.49$35.0043.8%12.2%28.5%27.3%43.2%2.5%1.1%29.1K-877.0K-2.7K0.8470.54N/AN/A147123616262
2021-11-10$33.36$35.0036.7%10.5%53.4%15.2%41.5%2.2%-8.6%5.0K-26.2K-2.1K1.0190.06N/AN/A117118706321
2021-11-11$33.78$35.0037.3%10.7%53.0%16.3%36.8%1.4%-0.7%7.1K-122.7K-2.3K1.3777.36N/AN/A6285665325
2021-11-12$34.06$35.0035.1%10.1%52.8%12.5%35.7%4.0%0.6%6.9K-166.3K-2.3K1.3981.95N/AN/A5475658337
2021-11-15$33.85$35.0035.8%10.3%52.9%13.8%39.7%3.3%1.5%7.6K-120.8K-2.1K1.1282.37N/AN/A6775663334
2021-11-16$34.58$35.0034.6%9.9%53.2%11.7%42.0%5.0%2.6%9.5K-218.8K-2.0K1.2285.91N/AN/A7693647334
2021-11-17$34.13$35.0034.6%9.9%53.5%11.6%39.6%12.3%2.5%8.3K-91.1K-2.0K1.1381.16N/AN/A7787636337
2021-11-18$33.48$35.0034.9%10.0%52.1%12.2%40.4%4.9%-0.4%6.0K-20.2K-1.9K1.0786.93N/AN/A8187636333
2021-11-19$33.29$35.0036.3%10.4%52.1%14.5%37.5%9.0%-0.4%3.7K87.8K-1.8K0.6689.02N/AN/A12985627333
2021-11-22$34.10$35.0037.8%10.8%52.3%17.1%41.5%18.9%13.2%9.2K-213.2K-1.9K0.4889.46N/AN/A16379520252
2021-11-23$34.06$35.0038.7%11.1%52.3%18.6%40.9%4.7%15.4%15.5K-233.3K-2.0K0.4967.12N/AN/A16481616253
2021-11-24$33.48$35.0038.3%11.0%52.3%18.0%57.8%7.8%2.0%13.2K-150.3K-1.9K0.47102.64N/AN/A17481616255
2021-11-26$31.76$35.0046.2%13.2%55.8%31.4%64.5%11.9%1.4%8.9K-41.5K-2.1K0.51108.48N/AN/A15981626255
2021-11-29$31.16$35.0059.5%17.1%55.6%54.0%55.7%17.9%-7.1%5.6K92.9K-1.7K0.51109.61N/AN/A15981627256
2021-11-30$31.39$35.0046.0%13.2%54.6%31.1%59.5%5.4%-5.4%4.7K103.0K-1.5K0.51101.93N/AN/A15981627257