WWW Options History — April 2024

In April 2024, WWW traded between $9.14 and $10.89. ATM implied volatility averaged 66.6%, placing in the 46.4% IV rank vs the trailing year. The 30-day expected move averaged 20.0%. IV traded above realized volatility by 25.1% (HV 20d: 41.5%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.97.

Notable Days

  • 2024-04-25: Highest Volume — 1,436 contracts
  • 2024-04-10: Largest IV spike — 33.8% change
  • 2024-04-30: Highest IV Rank — 93.1%
  • 2024-04-30: Largest Expected Move — 29.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.01$9.14$10.89$10.82$10.84
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV66.6%48.6%102.5%62.1%102.5%
Expected Move20.0%14.9%29.4%17.8%29.4%
HV 20d41.5%38.7%43.7%43.0%39.0%
HV 60d50.8%48.8%59.2%58.5%50.5%
IV Rank46.4%23.1%93.1%40.6%93.1%
IV Percentile62.1%10.3%98.8%63.9%98.8%
Term Structure-9.9%-56.0%13.4%1.0%-56.0%
VWIV70.2%54.5%95.3%66.5%95.3%
Skew 25d9.0%-5.1%35.2%26.6%14.6%
Skew 10d14.9%-27.7%64.9%22.4%59.4%
Call IV 25d64.1%34.7%77.9%34.7%77.9%
Put IV 25d73.2%61.3%92.6%61.3%92.6%
Bid-Ask Spread %69.6359.41100.23100.2371.67
Gamma HHI0.590.450.770.520.49
Net GEX83.5K41.2K152.2K69.8K75.0K
Net DEX-1.5M-2.9M-240.5K-2.9M-2.9M
Net VEX-9.6K-11.7K-7.8K-10.4K-11.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.970.009.599.590.15
Total Volume193.864131,43623382
Total OI7,171.4096,0898,4656,8027,748

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$10.82$10.0062.1%17.8%43.0%40.6%0.0%26.6%1.0%69.8K-2.9M-10.4K9.59100.23N/AN/A222114,9971,805
2024-04-02$10.34$10.0051.8%14.9%43.0%27.2%0.0%26.3%13.4%93.8K-2.2M-10.6K0.0087.60N/AN/A11304,9971,911
2024-04-03$10.18$10.0052.5%15.0%43.6%28.1%0.0%35.2%12.2%96.3K-1.9M-10.4K5.2588.99N/AN/A4214,9931,911
2024-04-04$9.91$10.0051.1%22.4%43.2%26.3%66.5%10.0%-22.5%98.2K-1.6M-10.2K0.7475.10N/AN/A39294,9951,922
2024-04-05$9.73$10.0050.1%19.3%41.8%25.0%68.5%6.1%0.3%98.2K-1.3M-9.7K0.1166.66N/AN/A102115,0121,944
2024-04-08$9.73$10.0052.7%18.6%40.2%28.4%64.8%5.9%-6.2%105.0K-1.3M-9.4K0.0071.47N/AN/A1305,0351,953
2024-04-09$9.82$10.0048.6%18.3%39.7%23.1%0.0%8.2%-6.2%120.9K-1.4M-9.4K0.0073.63N/AN/A1305,0431,953
2024-04-10$9.50$10.0065.0%18.6%41.2%44.4%65.1%2.9%-5.5%98.6K-831.4K-8.7K0.3759.41N/AN/A54205,0451,953
2024-04-11$9.52$10.0066.0%18.9%39.5%45.7%66.0%6.0%-8.4%106.3K-774.1K-8.5K0.0565.42N/AN/A188105,0921,954
2024-04-12$9.14$10.0068.4%19.6%41.2%48.8%68.3%2.1%-9.1%48.3K-240.5K-7.8K0.1562.72N/AN/A95145,2651,964
2024-04-15$9.29$10.0068.7%19.7%40.8%49.1%68.7%17.5%-9.5%67.8K-382.2K-7.9K1.1761.58N/AN/A675,3531,961
2024-04-16$9.59$10.0071.5%20.5%42.4%52.8%71.5%9.0%-11.7%130.8K-941.8K-8.6K0.0065.85N/AN/A1,25825,3831,968
2024-04-17$9.45$10.0069.7%20.0%42.3%50.4%70.1%5.5%-8.0%82.5K-842.3K-9.1K0.1064.16N/AN/A6876,4531,970
2024-04-18$9.59$10.0069.2%19.9%41.0%49.9%54.5%2.5%-8.4%152.2K-1.1M-9.2K1.7466.17N/AN/A35616,4451,954
2024-04-19$9.68$10.0069.6%19.9%38.7%50.3%69.6%5.6%-8.4%41.2K-966.0K-9.2K0.1466.80N/AN/A5986,4502,015
2024-04-22$10.04$10.0071.6%20.5%41.0%52.9%72.8%7.0%-12.0%45.9K-1.3M-9.3K0.5267.74N/AN/A61324,1331,956
2024-04-23$10.39$10.0071.8%20.6%41.6%53.2%69.8%-5.1%-11.8%48.5K-1.5M-10.0K0.0965.88N/AN/A5454,1732,074
2024-04-24$10.64$10.0071.6%20.5%42.6%52.9%69.5%-2.4%-12.2%51.3K-1.8M-9.9K0.0763.01N/AN/A5844,1982,079
2024-04-25$10.43$10.0075.5%21.6%40.4%58.0%75.5%-3.4%-16.1%50.5K-1.6M-9.9K0.0064.81N/AN/A1,43604,2352,081
2024-04-26$10.89$10.0075.2%21.6%43.7%57.6%69.7%10.1%-14.0%77.7K-2.9M-11.7K0.0860.53N/AN/A1215,6092,081
2024-04-29$10.73$10.0080.0%22.9%42.4%63.8%76.5%8.6%-18.0%79.1K-2.8M-11.1K1.0862.33N/AN/A24265,6272,081
2024-04-30$10.84$10.00102.5%29.4%39.0%93.1%95.3%14.6%-56.0%75.0K-2.9M-11.0K0.1571.67N/AN/A71115,6432,105