WWW Options History — January 2022

In January 2022, WWW traded between $25.40 and $29.28. ATM implied volatility averaged 51.8%, placing in the 32.4% IV rank vs the trailing year. The 30-day expected move averaged 13.9%. IV traded above realized volatility by 22.1% (HV 20d: 29.7%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 1.80.

Notable Days

  • 2022-01-20: Highest Volume — 212 contracts
  • 2022-01-07: Largest IV spike — 93.7% change
  • 2022-01-11: Highest IV Rank — 70.4%
  • 2022-01-26: Largest Expected Move — 22.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.69$25.40$29.28$29.28$26.26
Max Pain$27.00$25.00$30.00$30.00$25.00
ATM IV51.8%34.2%80.0%43.7%67.3%
Expected Move13.9%9.8%22.5%12.5%19.3%
HV 20d29.7%24.5%33.4%33.4%30.1%
HV 60d40.6%38.9%41.1%40.6%38.9%
IV Rank32.4%8.7%70.4%21.5%53.2%
IV Percentile73.0%10.7%98.8%67.5%96.8%
Term Structure-2.1%-19.9%8.8%-10.5%-19.9%
VWIV48.6%28.2%95.7%40.6%65.7%
Skew 25d15.9%-9.8%119.8%119.8%2.0%
Skew 10d16.8%-50.8%172.4%172.4%-34.7%
Call IV 25d50.5%31.6%136.0%43.8%60.8%
Put IV 25d66.4%36.3%163.7%163.7%62.8%
Bid-Ask Spread %101.6882.08123.34112.76112.44
Gamma HHI0.330.230.620.620.24
Net GEX-6.8K-8.9K-5.8K-6.1K-7.1K
Net DEX329.7K174.1K416.1K174.1K349.7K
Net VEX-1.0K-1.4K-791-1.0K-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.801.303.152.561.58
Total Volume138.897212139155
Total OI395.35310479310425

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$29.28$30.0043.7%12.5%33.4%21.5%40.6%119.8%-10.5%-6.1K174.1K-1.0K2.56112.76N/AN/A39100115195
2022-01-04$28.55$30.0037.8%10.8%32.8%13.5%37.5%28.0%4.1%-7.1K221.1K-7912.24114.01N/AN/A45101119195
2022-01-05$27.86$30.0034.2%9.8%31.3%8.7%28.2%77.2%1.3%-5.8K222.3K-9823.15117.90N/AN/A39123127202
2022-01-06$28.08$30.0039.8%11.0%31.6%16.2%39.0%2.6%3.0%-6.9K231.4K-1.1K1.4986.70N/AN/A3958135229
2022-01-07$27.32$30.0077.0%16.9%32.2%66.3%45.6%34.5%2.2%-6.1K306.2K-1.1K1.65105.38N/AN/A4066135237
2022-01-10$26.59$30.0054.3%13.9%32.9%35.7%40.2%5.2%-3.8%-6.5K355.3K-9451.6589.45N/AN/A4066138247
2022-01-11$26.66$30.0080.0%11.4%32.8%70.4%47.4%-6.1%8.8%-6.5K320.8K-1.1K1.4482.08N/AN/A4159138250
2022-01-12$26.38$30.0039.5%11.3%31.8%15.9%43.0%-9.8%2.0%-7.2K376.1K-8501.3893.55N/AN/A4562142251
2022-01-13$26.11$25.0039.7%11.4%31.8%16.0%38.6%-2.7%3.0%-6.5K356.7K-9291.44103.61N/AN/A4565149255
2022-01-14$26.35$25.0051.3%14.7%27.0%31.8%45.0%15.1%-12.9%-6.5K362.1K-8721.96103.78N/AN/A4588151258
2022-01-18$26.01$25.0045.7%13.1%27.2%24.2%46.2%6.6%-2.3%-7.9K393.4K-9661.3097.42N/AN/A6483152288
2022-01-19$26.19$25.0040.2%11.5%25.9%16.8%42.4%6.7%4.2%-7.7K413.5K-8201.3392.08N/AN/A6181147281
2022-01-20$25.40$25.0040.4%11.6%24.5%17.0%43.8%-1.3%5.4%-8.9K416.1K-9192.4289.20N/AN/A62150145284
2022-01-21$25.58$25.0043.8%12.6%24.5%21.6%56.1%18.9%1.6%-5.9K369.5K-1.4K2.15102.48N/AN/A59127150329
2022-01-24$26.55$25.0052.0%14.9%28.2%32.7%53.6%4.9%-2.2%-6.4K324.8K-1.4K2.1483.19N/AN/A50107110284
2022-01-25$26.77$25.0051.3%14.7%28.5%31.7%49.7%-6.0%2.3%-6.7K329.3K-1.2K1.51102.67N/AN/A5380112288
2022-01-26$25.98$25.0078.6%22.5%29.9%68.4%95.7%3.4%-8.5%-6.6K347.2K-1.1K1.60123.34N/AN/A5791112290
2022-01-27$26.12$25.0057.4%16.5%29.3%39.9%53.2%6.9%-2.4%-6.6K352.5K-1.2K1.48110.75N/AN/A5886118301
2022-01-28$25.77$25.0062.9%18.0%29.0%47.3%61.1%12.0%-17.6%-6.8K371.9K-1.1K1.43110.74N/AN/A6086118305
2022-01-31$26.26$25.0067.3%19.3%30.1%53.2%65.7%2.0%-19.9%-7.1K349.7K-1.2K1.58112.44N/AN/A6095120305