WWW Options History — February 2024

In February 2024, WWW traded between $8.09 and $10.14. ATM implied volatility averaged 66.0%, placing in the 45.6% IV rank vs the trailing year. The 30-day expected move averaged 19.3%. IV traded above realized volatility by 9.1% (HV 20d: 56.8%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.79.

Notable Days

  • 2024-02-14: Highest Volume — 4,036 contracts
  • 2024-02-07: Largest IV spike — 34.1% change
  • 2024-02-14: Highest IV Rank — 72.9%
  • 2024-02-14: Largest Expected Move — 24.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.13$8.09$10.14$8.45$10.14
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV66.0%52.0%87.0%63.0%58.0%
Expected Move19.3%15.1%24.9%19.7%16.6%
HV 20d56.8%32.7%67.5%67.5%64.2%
HV 60d63.2%61.6%65.3%62.1%63.7%
IV Rank45.6%27.5%72.9%41.8%35.2%
IV Percentile66.4%24.2%92.9%68.7%50.0%
Term Structure-3.9%-24.3%23.5%-4.0%-1.2%
VWIV65.6%39.0%83.1%64.6%58.0%
Skew 25d5.3%-10.1%17.1%6.1%-10.1%
Skew 10d13.2%-19.3%36.2%23.6%-14.7%
Call IV 25d63.0%44.7%79.5%62.4%68.5%
Put IV 25d68.3%48.2%82.8%68.5%58.3%
Bid-Ask Spread %66.4828.2387.7658.5487.76
Gamma HHI0.650.460.830.510.80
Net GEX126.8K30.4K251.1K54.5K251.1K
Net DEX-2.1M-4.4M-212.7K-723.2K-4.4M
Net VEX-12.2K-14.7K-9.3K-11.2K-13.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.002.170.941.08
Total Volume391.734,03631162
Total OI13,356.512,42314,85612,45914,299

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$8.45$10.0063.0%19.7%67.5%41.8%64.6%6.1%-4.0%54.5K-723.2K-11.2K0.9458.54N/AN/A16159,3443,115
2024-02-02$8.55$10.0072.3%15.1%66.7%53.8%39.0%3.4%23.5%62.4K-832.7K-11.2K0.0070.56N/AN/A309,3513,098
2024-02-05$8.64$10.0053.9%20.6%66.8%29.9%65.0%12.9%-6.2%67.1K-1.1M-11.1K2.1771.13N/AN/A18399,3523,098
2024-02-06$8.73$10.0052.0%21.1%32.7%27.5%71.5%13.0%-6.1%72.7K-1.3M-11.6K0.2428.23N/AN/A225549,3393,084
2024-02-07$8.09$10.0069.7%20.0%41.4%50.4%70.3%-0.8%-4.8%30.4K-212.7K-9.3K1.3630.84N/AN/A66909,4123,138
2024-02-08$8.57$10.0072.2%20.7%46.9%53.7%67.0%10.9%-24.3%65.3K-1.0M-11.0K0.5732.70N/AN/A30179,4503,227
2024-02-09$8.75$10.0074.9%21.5%47.5%57.1%68.8%13.3%-10.0%76.2K-1.2M-11.2K1.1167.01N/AN/A9109,4573,232
2024-02-12$9.14$10.0070.5%20.2%50.0%51.5%72.9%17.1%-6.3%103.0K-1.8M-11.7K0.2867.15N/AN/A114329,4613,240
2024-02-13$8.46$10.0074.4%21.3%55.8%56.5%74.1%1.4%-7.6%55.2K-726.6K-9.8K1.2873.90N/AN/A811049,5663,261
2024-02-14$8.86$10.0087.0%24.9%54.5%72.9%76.3%-2.7%-8.9%73.8K-1.4M-11.1K0.0076.09N/AN/A4,03609,6453,360
2024-02-15$9.23$10.0071.2%20.4%56.0%52.4%73.2%5.2%-5.6%125.5K-2.5M-13.6K0.4867.58N/AN/A813911,4703,354
2024-02-16$9.23$10.0071.4%20.5%56.0%52.6%72.1%2.7%-8.9%126.9K-2.6M-13.7K0.1380.55N/AN/A2012611,4873,369
2024-02-20$9.11$10.0076.7%22.0%55.6%59.5%83.1%3.4%-12.9%122.9K-2.2M-12.5K1.5638.85N/AN/A10115810,6812,383
2024-02-21$9.23$10.0062.6%17.9%55.6%41.2%63.0%10.5%-4.7%148.6K-2.1M-11.8K1.6673.24N/AN/A29649010,7652,494
2024-02-22$10.11$10.0058.1%16.7%62.5%35.4%61.3%-5.5%-0.8%213.3K-4.4M-14.7K0.9281.70N/AN/A32930310,9662,839
2024-02-23$9.86$10.0059.1%16.9%63.6%36.7%58.6%3.5%4.3%205.4K-3.6M-14.6K0.6276.89N/AN/A19812211,1722,877
2024-02-26$9.68$10.0057.3%16.4%64.1%34.4%57.3%7.8%10.5%215.3K-3.0M-13.6K0.2883.72N/AN/A2146011,2512,949
2024-02-27$9.93$10.0058.3%16.7%64.4%35.6%57.6%6.1%-3.0%230.6K-3.8M-14.0K1.0376.43N/AN/A343511,2922,964
2024-02-28$9.84$10.0057.0%16.3%64.6%33.9%57.2%8.1%-1.0%236.2K-3.4M-13.6K0.1886.64N/AN/A22411,3042,984
2024-02-29$10.14$10.0058.0%16.6%64.2%35.2%58.0%-10.1%-1.2%251.1K-4.4M-13.8K1.0887.76N/AN/A788411,3112,988