WWW Options History — April 2022

In April 2022, WWW traded between $19.87 and $23.15. ATM implied volatility averaged 78.5%, placing in the 28.9% IV rank vs the trailing year. The 30-day expected move averaged 13.9%. IV traded above realized volatility by 38.1% (HV 20d: 40.3%). Max pain ranged from $22.50 to $22.50. Net GEX was positive for 3 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 1.44.

Notable Days

  • 2022-04-29: Highest Volume — 422 contracts
  • 2022-04-08: Largest IV spike — 187.3% change
  • 2022-04-08: Highest IV Rank — 100.0%
  • 2022-04-26: Largest Expected Move — 16.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.78$19.87$23.15$22.10$19.87
Max Pain$22.50$22.50$22.50$22.50$22.50
ATM IV78.5%42.1%299.2%90.1%57.5%
Expected Move13.9%11.0%16.7%12.5%16.5%
HV 20d40.3%37.1%46.5%37.7%46.0%
HV 60d42.9%41.0%45.6%41.0%45.6%
IV Rank28.9%6.3%100.0%76.8%11.0%
IV Percentile80.4%57.1%100.0%98.4%86.5%
Term Structure-7.5%-46.6%6.7%-46.6%-9.5%
VWIV49.3%41.7%57.7%43.3%57.7%
Skew 25d7.2%-40.5%43.2%6.2%43.2%
Skew 10d26.1%-67.7%79.0%21.8%53.6%
Call IV 25d56.7%42.7%91.4%91.4%62.8%
Put IV 25d64.0%48.0%105.9%97.5%105.9%
Bid-Ask Spread %95.6580.46111.9980.46111.63
Gamma HHI0.270.220.330.290.22
Net GEX-1.5K-4.9K1.1K-1.3K-1.3K
Net DEX302.6K145.2K433.4K274.4K433.4K
Net VEX-1.7K-1.9K-1.5K-1.7K-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.440.873.061.543.06
Total Volume2481422300422
Total OI678618744618707

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$22.10$22.5090.1%12.5%37.7%76.8%43.3%6.2%-46.6%-1.3K274.4K-1.7K1.5480.46N/AN/A118182255363
2022-04-04$22.99$22.5042.1%12.6%37.4%17.7%44.3%5.3%-1.5%-2.0K234.9K-1.8K1.5486.72N/AN/A118182255381
2022-04-05$22.27$22.5050.4%15.8%37.9%27.9%47.1%37.8%-25.1%-2.3K301.0K-1.6K1.59108.81N/AN/A118188255381
2022-04-06$21.67$22.5074.1%12.9%39.1%57.1%46.6%-40.5%-1.5%-4.6K405.3K-1.5K1.6597.92N/AN/A118195255391
2022-04-07$21.78$22.5043.3%13.0%39.1%19.2%50.6%-21.8%-2.9%-4.9K402.2K-1.5K0.9294.46N/AN/A121111255401
2022-04-08$21.26$22.50124.4%12.8%39.7%100.0%41.7%15.6%-4.4%-2.8K381.9K-1.5K0.9497.42N/AN/A120113259406
2022-04-11$21.44$22.50299.2%13.2%39.9%100.0%50.3%13.6%-1.8%-3.1K347.9K-1.6K0.8798.10N/AN/A142123272393
2022-04-12$21.30$22.50236.1%11.0%39.9%76.8%51.6%14.4%6.7%-2.4K356.7K-1.6K0.92111.99N/AN/A128118317393
2022-04-13$21.96$22.5045.0%12.9%39.7%6.3%45.8%-0.3%-2.4%-3.5K286.8K-1.6K0.91103.93N/AN/A152139317401
2022-04-14$22.20$22.5046.2%13.2%39.5%6.8%47.6%3.3%-3.8%344283.8K-1.7K1.1893.85N/AN/A125147345399
2022-04-18$22.09$22.5048.6%13.9%37.1%7.7%50.8%5.8%-6.7%-401229.8K-1.7K1.4590.85N/AN/A86125283379
2022-04-19$23.15$22.5048.9%14.0%39.3%7.8%52.7%9.3%-4.7%1.1K145.2K-1.8K1.6085.09N/AN/A78125289380
2022-04-20$22.93$22.5046.8%13.4%39.4%7.0%49.5%1.7%-9.0%733161.1K-1.7K1.85106.78N/AN/A78144290380
2022-04-21$22.76$22.5047.5%13.6%39.1%7.3%48.7%1.0%-3.8%-183187.4K-1.9K1.9286.51N/AN/A75144289401
2022-04-22$21.79$22.5046.3%13.3%41.9%6.8%45.2%2.4%-1.1%-696265.7K-1.8K1.3693.04N/AN/A99135289401
2022-04-25$21.88$22.5051.3%14.7%42.0%8.7%51.3%6.7%-4.2%-288275.0K-1.7K1.3690.30N/AN/A99135289402
2022-04-26$20.62$22.5058.2%16.7%46.5%11.2%55.1%2.6%-9.6%-620363.4K-1.6K1.3580.73N/AN/A99134289403
2022-04-27$20.61$22.5057.4%16.5%43.2%10.9%0.0%35.4%-9.5%-1.1K384.8K-1.6K0.0095.61N/AN/A01289408
2022-04-28$21.00$22.5056.2%16.1%42.6%10.5%57.5%3.0%-8.6%-771330.7K-1.7K1.2598.71N/AN/A99124289409
2022-04-29$19.87$22.5057.5%16.5%46.0%11.0%57.7%43.2%-9.5%-1.3K433.4K-1.5K3.06111.63N/AN/A104318289418