WWW Options History — July 2024

In July 2024, WWW traded between $12.23 and $14.91. ATM implied volatility averaged 68.0%, placing in the 48.7% IV rank vs the trailing year. The 30-day expected move averaged 19.6%. IV traded above realized volatility by 26.4% (HV 20d: 41.6%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.30.

Notable Days

  • 2024-07-05: Highest Volume — 5,743 contracts
  • 2024-07-08: Largest IV spike — 70.5% change
  • 2024-07-29: Highest IV Rank — 68.5%
  • 2024-07-29: Largest Expected Move — 23.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.50$12.23$14.91$13.23$14.91
Max Pain$12.39$10.00$12.50$12.50$12.50
ATM IV68.0%46.8%83.1%52.2%74.0%
Expected Move19.6%13.6%23.8%15.0%21.2%
HV 20d41.6%37.1%47.3%38.5%43.1%
HV 60d46.6%45.4%48.5%46.1%46.4%
IV Rank48.7%20.9%68.5%28.0%56.6%
IV Percentile64.6%9.9%89.3%28.6%79.8%
Term Structure-8.5%-22.1%15.6%5.6%-11.7%
VWIV70.0%45.2%92.8%52.7%82.3%
Skew 25d0.8%-28.8%22.6%22.6%-2.2%
Skew 10d14.4%-25.8%50.9%42.9%24.6%
Call IV 25d69.9%33.7%116.5%35.1%81.2%
Put IV 25d70.7%53.1%87.7%57.7%79.0%
Bid-Ask Spread %75.1464.5898.5798.5775.17
Gamma HHI0.440.350.680.610.40
Net GEX274.4K126.2K341.8K126.2K326.8K
Net DEX-9.1M-15.4M-3.2M-3.2M-15.4M
Net VEX-29.3K-33.2K-20.5K-20.5K-28.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.300.001.960.000.18
Total Volume684275,7432,07473
Total OI18,121.72710,97520,27610,97520,276

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$13.23$12.5052.2%15.0%38.5%28.0%52.7%22.6%5.6%126.2K-3.2M-20.5K0.0098.57N/AN/A2,06869,3471,628
2024-07-02$13.16$12.5047.7%13.7%38.5%22.1%45.2%19.4%13.5%164.8K-4.0M-23.6K0.0086.25N/AN/A296011,1501,604
2024-07-03$13.07$12.5047.5%13.6%37.4%21.9%0.0%19.4%15.6%164.6K-3.9M-23.2K0.1287.14N/AN/A951111,3881,604
2024-07-05$12.88$10.0046.8%17.7%37.4%20.9%62.6%0.2%-7.5%160.5K-4.1M-26.0K0.0166.09N/AN/A5,6756811,9211,614
2024-07-08$12.96$12.5079.7%17.4%37.1%64.1%61.6%-3.2%-3.8%239.4K-6.3M-28.6K1.0566.21N/AN/A444614,8961,681
2024-07-09$12.45$12.5054.5%19.7%39.6%31.0%68.7%-0.8%-11.2%206.8K-5.1M-26.1K0.0275.73N/AN/A1,1082114,9191,746
2024-07-10$12.23$12.5064.5%18.5%39.6%44.1%64.2%-1.0%-6.9%238.9K-5.1M-25.5K0.0275.53N/AN/A1,6352716,9501,765
2024-07-11$12.77$12.5065.2%18.7%42.2%45.0%68.0%-1.5%-6.8%287.1K-7.7M-30.8K0.0477.30N/AN/A26117,5541,744
2024-07-12$12.73$12.5067.0%19.2%41.9%47.4%68.3%-0.2%-17.3%281.2K-7.8M-32.1K0.0068.50N/AN/A611017,5541,744
2024-07-15$12.77$12.5061.9%17.8%39.9%40.7%63.7%-0.8%1.4%308.7K-8.2M-31.8K0.0777.54N/AN/A70518,1501,744
2024-07-16$13.05$12.5064.1%18.4%40.1%43.6%68.1%-4.4%-16.4%326.1K-9.0M-30.9K0.0078.68N/AN/A120018,1281,744
2024-07-17$12.96$12.5070.7%20.3%40.2%52.2%71.8%0.9%-10.8%311.6K-8.7M-31.1K0.0373.42N/AN/A347918,0671,744
2024-07-18$12.75$12.5071.9%20.6%38.6%53.8%72.0%1.4%-11.2%296.7K-7.9M-29.0K1.9675.44N/AN/A5110017,9141,750
2024-07-19$13.88$12.5081.7%23.4%45.4%66.6%72.3%-2.7%-10.9%320.8K-11.6M-33.2K0.1070.05N/AN/A6196417,8981,850
2024-07-22$14.41$12.5077.0%22.1%47.1%60.4%76.4%6.0%-18.7%322.8K-13.2M-32.3K0.4067.03N/AN/A34213717,3601,867
2024-07-23$14.52$12.5070.3%20.2%46.7%51.7%70.3%3.2%-10.8%330.4K-13.4M-31.8K0.5267.39N/AN/A37119417,3791,994
2024-07-24$14.23$12.5081.5%23.4%47.3%66.4%79.5%-17.0%-11.2%303.8K-12.4M-32.6K1.6675.55N/AN/A9415617,5092,182
2024-07-25$14.41$12.5072.3%20.7%44.3%54.3%72.3%1.0%-14.4%328.7K-12.8M-31.4K0.2965.56N/AN/A2086117,5452,349
2024-07-26$14.46$12.5079.5%22.8%43.7%63.7%75.3%4.7%-14.8%324.6K-13.1M-32.2K0.0779.78N/AN/A71517,6952,410
2024-07-29$14.54$12.5083.1%23.8%43.4%68.5%92.8%1.4%-22.1%324.2K-13.4M-31.6K0.0664.58N/AN/A49317,7452,415
2024-07-30$14.54$12.5082.7%23.7%42.7%68.0%82.4%-28.8%-16.1%341.8K-14.3M-31.3K0.0281.62N/AN/A158317,7372,417
2024-07-31$14.91$12.5074.0%21.2%43.1%56.6%82.3%-2.2%-11.7%326.8K-15.4M-28.9K0.1875.17N/AN/A621117,8562,420