WWW Options History — May 2024

In May 2024, WWW traded between $10.48 and $14.13. ATM implied volatility averaged 58.3%, placing in the 35.8% IV rank vs the trailing year. The 30-day expected move averaged 15.8%. IV traded above realized volatility by 5.8% (HV 20d: 52.6%). 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 15 of 22 days. Put/call ratio averaged 0.83.

Notable Days

  • 2024-05-13: Highest Volume — 6,546 contracts
  • 2024-05-08: Largest IV drop — 52.6% change
  • 2024-05-07: Highest IV Rank — 99.1%
  • 2024-05-03: Largest Expected Move — 28.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.91$10.48$14.13$10.48$13.61
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV58.3%35.7%107.2%79.3%51.2%
Expected Move15.8%13.2%28.2%22.7%14.7%
HV 20d52.6%40.6%59.3%40.6%56.6%
HV 60d48.9%46.4%52.5%51.1%47.0%
IV Rank35.8%6.4%99.1%62.9%26.7%
IV Percentile29.3%1.6%99.6%85.7%19.8%
Term Structure-1.3%-32.8%21.9%-21.6%-2.3%
VWIV52.1%42.1%88.8%88.8%51.3%
Skew 25d5.1%-9.4%36.2%36.2%10.4%
Skew 10d12.1%-17.1%82.0%82.0%-8.5%
Call IV 25d51.3%40.4%89.2%79.0%40.4%
Put IV 25d56.4%42.1%115.2%115.2%50.9%
Bid-Ask Spread %68.5743.3881.7276.1381.51
Gamma HHI0.460.350.900.530.36
Net GEX133.9K61.3K229.0K82.2K147.5K
Net DEX-6.1M-10.6M-2.4M-2.4M-5.5M
Net VEX-20.0K-28.6K-10.8K-10.8K-24.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.830.005.000.201.90
Total Volume858.909426,5467958
Total OI11,705.1367,71815,3597,71812,307

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$10.48$10.0079.3%22.7%40.6%62.9%0.0%36.2%-21.6%82.2K-2.4M-10.8K0.2076.13N/AN/A66135,6242,094
2024-05-02$10.89$10.0084.7%24.3%41.2%69.9%0.0%-9.4%-31.1%81.2K-3.0M-10.9K0.0043.38N/AN/A4505,6672,107
2024-05-03$10.66$10.0098.3%28.2%41.4%87.6%88.8%19.9%-32.8%77.1K-2.6M-10.9K0.0164.10N/AN/A3,424175,6972,107
2024-05-06$11.39$10.00105.8%21.2%46.8%97.2%67.5%1.4%-0.8%209.9K-6.0M-15.6K0.2473.49N/AN/A1523711,7812,120
2024-05-07$11.50$10.00107.2%18.1%46.8%99.1%67.4%2.4%-5.0%151.1K-5.0M-12.9K0.1364.81N/AN/A1,1271438,8942,146
2024-05-08$12.70$10.0050.9%14.3%54.4%26.0%53.2%6.0%3.3%229.0K-7.3M-11.4K0.0458.37N/AN/A3,6231528,4972,183
2024-05-09$13.34$10.0049.6%14.0%55.5%24.4%45.9%6.6%4.2%81.2K-6.6M-11.4K0.2265.13N/AN/A347776,6492,239
2024-05-10$13.43$10.0047.5%13.5%51.4%21.9%47.0%5.9%5.6%84.2K-6.8M-11.5K0.2964.30N/AN/A5671636,8732,261
2024-05-13$13.93$10.0035.7%13.9%51.7%6.4%51.6%1.0%4.9%61.3K-7.4M-11.6K0.0175.34N/AN/A6,512346,8772,330
2024-05-14$14.13$10.0051.1%13.9%51.6%26.6%50.0%3.4%3.8%153.7K-10.6M-28.6K0.2664.53N/AN/A1714512,9492,332
2024-05-15$13.77$10.0046.6%13.4%52.7%20.7%47.9%0.6%4.8%162.8K-9.8M-27.5K3.1364.99N/AN/A319712,9392,356
2024-05-16$13.48$10.0046.9%13.4%54.6%21.0%49.6%0.5%10.5%136.6K-9.6M-27.8K5.0081.72N/AN/A73512,9442,406
2024-05-17$13.48$10.0047.3%13.6%54.9%21.6%47.3%4.9%0.5%136.0K-9.1M-25.3K0.1476.45N/AN/A1181712,9422,417
2024-05-20$13.45$10.0046.4%13.3%54.7%20.4%45.5%0.9%2.0%143.4K-5.1M-24.9K0.2663.90N/AN/A43119,9202,042
2024-05-21$13.36$10.0047.1%13.5%54.7%21.3%47.0%0.1%1.5%139.1K-5.0M-24.8K3.8872.91N/AN/A261019,9302,080
2024-05-22$13.11$10.0046.9%13.4%55.6%21.0%46.2%-0.3%0.4%139.5K-4.5M-23.9K0.3167.33N/AN/A35119,9442,072
2024-05-23$12.61$10.0047.6%13.7%57.4%22.0%47.9%7.6%0.7%128.1K-3.3M-18.4K0.0474.77N/AN/A525199,9732,073
2024-05-24$13.43$10.0046.0%13.2%59.3%19.9%42.1%6.4%5.2%149.7K-5.6M-26.6K0.1668.25N/AN/A1472410,4802,080
2024-05-28$13.75$10.0050.1%14.4%58.7%25.2%47.5%4.3%-7.0%153.7K-6.3M-27.5K0.0858.92N/AN/A6345310,5382,088
2024-05-29$13.86$10.0047.4%13.6%58.7%21.7%49.9%0.9%21.9%146.3K-6.4M-26.2K1.8670.16N/AN/A448210,1082,128
2024-05-30$13.68$10.0049.4%14.2%57.0%24.4%48.5%2.2%1.6%151.5K-5.8M-25.8K0.0577.93N/AN/A60310,1122,207
2024-05-31$13.61$10.0051.2%14.7%56.6%26.7%51.3%10.4%-2.3%147.5K-5.5M-24.8K1.9081.51N/AN/A203810,0982,209