WWW Options History — June 2023

In June 2023, WWW traded between $13.13 and $15.71. ATM implied volatility averaged 51.9%, placing in the 25.3% IV rank vs the trailing year. The 30-day expected move averaged 14.3%. IV traded below realized volatility by 13.4% (HV 20d: 65.2%). Max pain ranged from $15.00 to $15.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.45.

Notable Days

  • 2023-06-02: Highest Volume — 1,758 contracts
  • 2023-06-05: Largest IV spike — 25.4% change
  • 2023-06-12: Highest IV Rank — 39.1%
  • 2023-06-05: Largest Expected Move — 15.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.26$13.13$15.71$13.13$14.71
Max Pain$15.00$15.00$15.00$15.00$15.00
ATM IV51.9%41.4%62.2%53.2%41.4%
Expected Move14.3%11.9%15.8%15.2%11.9%
HV 20d65.2%61.4%74.2%68.5%61.4%
HV 60d56.5%50.4%58.1%50.4%57.5%
IV Rank25.3%11.3%39.1%27.0%11.3%
IV Percentile30.0%2.0%71.0%33.3%2.0%
Term Structure7.6%-0.4%16.4%-0.4%15.8%
VWIV53.5%41.0%95.2%53.1%44.5%
Skew 25d5.1%-4.9%17.2%-4.9%17.2%
Skew 10d18.6%-15.1%123.2%-3.8%26.1%
Call IV 25d48.7%39.5%59.0%59.0%39.5%
Put IV 25d53.9%50.7%60.5%54.1%56.7%
Bid-Ask Spread %41.5719.0171.4419.0148.92
Gamma HHI0.740.510.890.760.74
Net GEX231.7K98.3K476.5K98.3K224.5K
Net DEX-5.0M-8.7M-678.2K-678.2K-7.2M
Net VEX-23.6K-28.9K-11.4K-11.4K-28.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.450.002.000.562.00
Total Volume381.90591,758679
Total OI13,348.3819,69118,01912,22811,480

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$13.13$15.0053.2%15.2%68.5%27.0%53.1%-4.9%-0.4%98.3K-678.2K-11.4K0.5619.01N/AN/A432410,0662,162
2023-06-02$14.21$15.0049.1%14.1%69.6%21.5%68.8%10.1%2.4%178.0K-2.5M-14.6K0.0058.48N/AN/A1,756210,0362,184
2023-06-05$13.75$15.0061.6%15.8%67.0%38.2%49.2%1.2%2.1%179.7K-2.8M-20.1K0.0542.52N/AN/A42212,3352,183
2023-06-06$14.48$15.0052.3%14.4%68.3%25.8%49.5%2.8%8.1%240.0K-4.5M-22.3K0.0128.88N/AN/A236212,3472,194
2023-06-07$15.71$15.0057.7%14.3%74.2%33.0%49.9%10.9%6.7%322.6K-8.7M-24.6K0.0029.81N/AN/A454212,5312,190
2023-06-08$14.80$15.0053.3%14.3%66.1%27.2%53.2%1.4%6.2%284.7K-5.9M-23.1K2.0031.30N/AN/A81613,0962,187
2023-06-09$14.36$15.0052.7%14.7%64.7%26.4%0.0%1.0%4.9%249.6K-4.3M-21.8K0.0333.19N/AN/A4491513,1072,213
2023-06-12$14.39$15.0062.2%14.9%64.5%39.1%51.0%-2.8%6.1%270.5K-4.7M-22.0K1.5371.44N/AN/A172613,5422,210
2023-06-13$14.50$15.0059.9%14.6%64.5%36.0%50.3%14.2%7.5%293.4K-4.6M-21.6K0.0025.50N/AN/A1,403413,5492,232
2023-06-14$14.80$15.0051.1%14.6%64.7%24.2%95.2%5.5%4.3%403.9K-6.8M-25.6K0.4266.36N/AN/A311314,8972,235
2023-06-15$14.75$15.0051.5%14.8%64.0%24.8%51.9%3.9%6.2%476.5K-6.1M-25.0K0.0440.07N/AN/A1,0034414,8882,240
2023-06-16$14.18$15.0051.0%14.6%65.2%24.2%52.2%-0.9%5.9%155.1K-4.0M-24.3K0.0333.76N/AN/A5261415,7362,283
2023-06-20$13.71$15.0053.8%15.4%61.7%27.9%51.5%3.2%5.2%156.5K-4.6M-23.6K0.0954.73N/AN/A473438,992699
2023-06-21$14.16$15.0047.4%13.6%62.9%19.3%47.2%12.8%11.1%189.4K-6.0M-27.2K0.3223.27N/AN/A133429,921752
2023-06-22$13.84$15.0051.1%14.6%63.3%24.2%50.3%7.3%7.3%184.8K-5.3M-26.1K0.0140.44N/AN/A382410,001791
2023-06-23$13.45$15.0053.8%15.4%63.5%27.9%0.0%0.8%5.6%164.0K-4.6M-25.3K0.6337.47N/AN/A935910,008795
2023-06-26$13.77$15.0048.5%13.9%64.1%20.8%49.2%3.2%11.8%183.6K-5.1M-25.9K0.1047.15N/AN/A84810,087851
2023-06-27$14.14$15.0048.5%13.9%64.9%20.8%55.0%6.7%12.5%196.8K-5.8M-26.8K0.2851.94N/AN/A1042910,170850
2023-06-28$14.07$15.0046.5%13.3%64.8%18.1%0.0%7.0%12.9%201.8K-5.6M-26.6K0.5541.20N/AN/A804410,200879
2023-06-29$14.50$15.0042.9%12.3%61.9%13.3%41.0%6.8%16.4%211.8K-6.5M-27.8K0.8247.47N/AN/A16513610,275922
2023-06-30$14.71$15.0041.4%11.9%61.4%11.3%44.5%17.2%15.8%224.5K-7.2M-28.9K2.0048.92N/AN/A3610,4191,061