WWW Options History — October 2023

In October 2023, WWW traded between $7.24 and $8.57. ATM implied volatility averaged 76.2%, placing in the 57.8% IV rank vs the trailing year. The 30-day expected move averaged 22.8%. IV traded above realized volatility by 27.3% (HV 20d: 49.0%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 2.65.

Notable Days

  • 2023-10-18: Highest Volume — 2,754 contracts
  • 2023-10-11: Largest IV spike — 42.4% change
  • 2023-10-30: Highest IV Rank — 77.8%
  • 2023-10-30: Largest Expected Move — 26.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.05$7.24$8.57$7.94$8.05
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV76.2%55.6%91.2%56.1%90.1%
Expected Move22.8%16.1%26.2%16.1%25.8%
HV 20d49.0%39.9%57.1%45.0%50.9%
HV 60d73.4%71.3%75.4%71.7%75.0%
IV Rank57.8%30.2%77.8%30.9%76.3%
IV Percentile84.0%42.5%97.2%45.2%96.8%
Term Structure-8.4%-19.7%21.0%20.5%-18.1%
VWIV82.1%76.4%91.1%91.1%90.0%
Skew 25d-0.7%-19.0%16.1%-16.9%0.8%
Skew 10d7.5%-25.2%68.4%-3.5%0.1%
Call IV 25d79.5%70.7%88.3%79.9%88.3%
Put IV 25d78.8%60.3%97.6%62.9%89.1%
Bid-Ask Spread %40.6311.3983.2783.2742.40
Gamma HHI0.600.520.640.610.64
Net GEX74.6K39.1K116.2K88.4K64.3K
Net DEX-1.4M-2.1M-423.1K-1.5M-897.1K
Net VEX-16.1K-19.8K-12.4K-18.2K-13.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.650.0016.552.210.50
Total Volume287.18202,75410624
Total OI22,747.68218,43125,01624,47319,191

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$7.94$7.5056.1%16.1%45.0%30.9%91.1%-16.9%20.5%88.4K-1.5M-18.2K2.2183.27N/AN/A337321,8032,670
2023-10-03$8.11$7.5064.8%18.6%45.0%42.5%0.0%-4.2%13.2%111.6K-2.0M-19.4K0.8818.84N/AN/A8721,8102,696
2023-10-04$8.14$7.5058.4%16.7%45.1%34.0%0.0%-19.0%21.0%108.1K-1.9M-19.6K0.0021.77N/AN/A0021,8132,689
2023-10-05$8.16$7.5064.1%22.5%42.5%41.5%78.4%0.3%-8.5%116.2K-2.1M-19.8K0.0935.80N/AN/A1621421,8142,683
2023-10-06$7.88$7.5060.7%22.6%42.2%37.1%78.0%0.9%-12.2%82.4K-1.5M-17.7K3.0039.82N/AN/A1321,8192,678
2023-10-09$7.91$7.5064.6%23.5%41.7%42.3%78.9%-3.5%-11.0%78.3K-1.4M-17.0K0.0011.39N/AN/A290021,8202,681
2023-10-10$7.80$7.5055.6%22.6%40.0%30.2%77.7%-6.3%-11.0%61.9K-1.2M-15.7K0.1513.22N/AN/A731121,9922,661
2023-10-11$7.76$7.5079.2%22.7%39.9%61.7%79.2%-4.5%-10.8%59.0K-1.1M-14.9K0.2239.50N/AN/A27622,0582,665
2023-10-12$7.63$7.5079.1%22.7%40.1%61.6%79.3%-7.0%-8.7%50.8K-883.6K-14.3K1.2253.32N/AN/A14417522,0702,666
2023-10-13$7.24$7.5079.3%22.7%43.3%61.8%0.0%16.1%-8.6%39.1K-423.1K-12.4K0.0071.43N/AN/A022822,0732,680
2023-10-16$7.88$7.5082.0%23.5%54.1%65.5%0.0%-5.7%-11.6%57.5K-1.2M-15.6K0.1236.80N/AN/A1782222,0732,889
2023-10-17$8.21$7.5082.0%23.5%55.4%65.5%82.8%-0.4%-11.3%75.8K-1.7M-16.7K0.4853.31N/AN/A633022,0682,879
2023-10-18$8.00$7.5077.1%22.1%55.3%59.0%76.4%0.1%-10.3%64.2K-1.2M-15.2K0.0217.08N/AN/A2,7064822,1352,881
2023-10-19$8.27$7.5079.9%22.9%56.7%62.7%0.0%4.8%-11.9%70.0K-1.5M-15.4K15.1277.45N/AN/A2639321,3322,901
2023-10-20$8.43$7.5082.7%23.7%57.1%66.4%77.8%8.4%-12.9%75.6K-1.7M-16.4K16.5550.65N/AN/A1118221,3302,981
2023-10-23$8.23$7.5081.7%23.4%56.8%65.0%81.9%-2.5%-12.6%67.9K-1.2M-15.3K1.1014.27N/AN/A12613815,8292,602
2023-10-24$8.57$7.5086.3%24.7%55.5%71.2%85.6%9.4%-14.6%82.6K-1.7M-16.5K0.3513.72N/AN/A712515,9312,601
2023-10-25$8.48$7.5084.2%24.1%53.9%68.3%0.0%5.4%-9.5%79.8K-1.6M-16.3K0.0053.95N/AN/A11015,9832,598
2023-10-26$8.32$7.5089.7%25.7%53.6%75.7%86.4%4.3%-18.8%74.2K-1.5M-15.5K0.2134.18N/AN/A1222615,9942,598
2023-10-27$8.05$7.5088.4%25.3%51.5%74.0%88.1%-0.3%-17.0%64.6K-1.0M-14.2K0.0552.63N/AN/A7073616,0952,580
2023-10-30$8.14$7.5091.2%26.2%51.3%77.8%0.0%5.0%-19.7%69.3K-1.1M-14.1K10.8058.98N/AN/A1010816,5312,606
2023-10-31$8.05$7.5090.1%25.8%50.9%76.3%90.0%0.8%-18.1%64.3K-897.1K-13.4K0.5042.40N/AN/A16816,5312,660