WWW Options History — March 2024

In March 2024, WWW traded between $9.32 and $11.27. ATM implied volatility averaged 57.1%, placing in the 34.1% IV rank vs the trailing year. The 30-day expected move averaged 16.0%. IV traded above realized volatility by 4.0% (HV 20d: 53.0%). 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 17 of 20 days. Put/call ratio averaged 0.55.

Notable Days

  • 2024-03-13: Highest Volume — 4,291 contracts
  • 2024-03-25: Largest IV spike — 56.0% change
  • 2024-03-25: Highest IV Rank — 61.0%
  • 2024-03-25: Largest Expected Move — 22.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.20$9.32$11.27$10.05$11.18
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV57.1%49.9%77.9%54.3%51.8%
Expected Move16.0%14.3%22.3%15.6%14.8%
HV 20d53.0%40.2%68.4%64.5%41.1%
HV 60d62.4%61.1%64.6%63.3%61.1%
IV Rank34.1%24.8%61.0%30.5%27.2%
IV Percentile41.9%16.3%85.3%38.9%21.4%
Term Structure9.5%-32.8%67.0%0.5%16.4%
VWIV57.0%49.5%94.7%67.5%52.4%
Skew 25d12.8%-16.3%84.1%-16.3%3.8%
Skew 10d37.6%-25.2%174.9%-25.2%-5.1%
Call IV 25d52.6%38.0%68.7%68.7%49.1%
Put IV 25d65.4%43.7%135.1%52.4%52.9%
Bid-Ask Spread %81.8268.04102.4882.9689.59
Gamma HHI0.780.530.970.850.53
Net GEX259.9K65.1K908.1K269.2K70.5K
Net DEX-2.9M-6.0M-1.4M-4.1M-3.1M
Net VEX-10.7K-13.4K-9.5K-13.4K-10.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.002.730.810.03
Total Volume335.2544,29147176
Total OI10,803.855,85615,02714,3226,629

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$10.05$10.0054.3%15.6%64.5%30.5%67.5%-16.3%0.5%269.2K-4.1M-13.4K0.8182.96N/AN/A262111,3232,999
2024-03-04$9.61$10.0054.8%19.9%67.2%31.1%49.5%18.3%-8.3%264.3K-2.6M-11.6K0.0586.42N/AN/A60311,3313,020
2024-03-05$9.61$10.0061.7%16.2%67.3%40.1%56.4%3.6%3.5%249.6K-2.6M-11.6K2.1676.55N/AN/A5111011,3452,996
2024-03-06$9.32$10.0070.8%16.6%68.4%51.8%60.0%1.2%3.9%180.9K-1.6M-10.5K0.3377.97N/AN/A3111,3933,020
2024-03-07$9.68$10.0056.4%16.0%62.6%33.2%55.9%-3.0%4.2%302.6K-2.6M-11.2K0.0379.40N/AN/A64211,3933,019
2024-03-08$9.98$10.0063.5%16.0%60.5%42.4%55.9%4.8%3.9%317.7K-3.9M-11.5K0.0079.51N/AN/A12011,4453,021
2024-03-11$9.77$10.0065.9%15.4%61.1%45.5%0.0%3.0%6.5%370.8K-2.7M-10.1K0.5071.93N/AN/A8411,4513,021
2024-03-12$9.86$10.0055.5%15.4%59.5%32.0%0.0%20.4%6.6%512.9K-2.7M-9.7K1.8178.69N/AN/A315611,4563,023
2024-03-13$10.16$10.0053.9%15.4%51.8%29.9%53.9%-10.1%25.9%547.7K-5.2M-9.5K0.0077.37N/AN/A4,286511,4763,040
2024-03-14$9.93$10.0053.1%15.2%51.0%29.0%53.1%-12.7%67.0%623.9K-3.4M-10.8K0.0779.44N/AN/A3882911,9543,045
2024-03-15$10.14$10.0053.4%15.3%49.6%29.4%53.4%-6.7%44.2%908.1K-6.0M-10.4K0.1480.78N/AN/A2323311,9583,069
2024-03-18$9.95$10.0053.1%15.2%50.3%29.0%53.1%2.9%8.8%66.8K-1.4M-10.0K0.5068.04N/AN/A132664,3211,535
2024-03-19$10.07$10.0051.7%14.8%50.0%27.1%51.7%8.1%9.4%69.0K-1.6M-10.4K0.2176.38N/AN/A85184,4521,601
2024-03-20$10.38$10.0051.4%14.8%50.7%26.8%51.3%84.1%-4.4%72.6K-2.0M-10.6K0.6077.62N/AN/A104624,5241,618
2024-03-21$10.75$10.0053.0%15.2%41.3%28.7%52.3%42.5%7.9%80.7K-2.3M-10.6K0.0182.64N/AN/A10714,6181,580
2024-03-22$10.54$10.0049.9%14.3%40.8%24.8%0.0%62.3%11.6%79.4K-2.2M-10.7K0.0086.80N/AN/A0424,6581,580
2024-03-25$10.84$10.0077.9%22.3%40.9%61.0%94.7%13.8%-32.8%65.1K-2.7M-10.3K2.73102.48N/AN/A601644,6581,622
2024-03-26$10.84$10.0058.1%16.7%40.2%35.4%0.0%36.2%8.1%73.8K-2.5M-10.4K0.3792.06N/AN/A35134,6511,785
2024-03-27$11.27$10.0051.3%14.7%41.7%26.6%50.4%-0.4%8.1%73.0K-3.0M-10.0K0.0289.67N/AN/A21054,6521,795
2024-03-28$11.18$10.0051.8%14.8%41.1%27.2%52.4%3.8%16.4%70.5K-3.1M-10.4K0.0389.59N/AN/A17154,8291,800