WWW Options History — September 2024

In September 2024, WWW traded between $13.25 and $17.48. ATM implied volatility averaged 51.3%, placing in the 24.2% IV rank vs the trailing year. The 30-day expected move averaged 14.6%. IV traded above realized volatility by 10.7% (HV 20d: 40.6%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 1.26.

Notable Days

  • 2024-09-20: Highest Volume — 10,034 contracts
  • 2024-09-27: Largest IV spike — 44.2% change
  • 2024-09-30: Highest IV Rank — 39.2%
  • 2024-09-30: Largest Expected Move — 18.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.93$13.25$17.48$13.66$17.46
Max Pain$10.50$10.00$12.50$12.50$12.50
ATM IV51.3%33.7%64.0%55.8%64.0%
Expected Move14.6%9.7%18.4%16.0%18.4%
HV 20d40.6%33.0%47.3%47.3%43.0%
HV 60d45.5%44.5%47.3%44.7%47.2%
IV Rank24.2%3.4%39.2%29.6%39.2%
IV Percentile28.9%0.8%63.5%45.6%63.5%
Term Structure4.4%-3.5%11.1%-3.2%-2.8%
VWIV50.0%37.8%58.0%55.4%58.0%
Skew 25d0.9%-14.3%21.2%4.0%-3.0%
Skew 10d7.8%-19.5%40.8%-18.4%-11.7%
Call IV 25d49.1%27.2%61.2%50.8%58.1%
Put IV 25d50.0%36.3%57.0%54.8%55.1%
Bid-Ask Spread %69.0749.9985.1565.3163.37
Gamma HHI0.540.360.880.470.38
Net GEX556.2K333.4K1.5M372.6K677.0K
Net DEX-17.1M-28.4M-9.5M-11.7M-27.7M
Net VEX-39.4K-55.5K-28.7K-36.0K-49.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.260.005.715.714.22
Total Volume1,478.15510,03447658
Total OI23,819.1522,57726,75223,05724,818

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$13.66$12.5055.8%16.0%47.3%29.6%55.4%4.0%-3.2%372.6K-11.7M-36.0K5.7165.31N/AN/A74020,3212,736
2024-09-04$13.75$12.5056.3%16.1%43.9%30.1%56.1%6.7%-3.5%382.0K-12.0M-35.4K1.5084.60N/AN/A2320,3232,741
2024-09-05$13.69$10.0055.7%15.3%34.6%29.4%51.2%4.5%2.4%381.9K-11.8M-35.2K0.0860.62N/AN/A4914120,3212,738
2024-09-06$13.89$10.0052.6%14.3%34.7%25.8%49.6%5.9%5.3%371.8K-12.3M-34.6K0.3466.37N/AN/A592019,9172,759
2024-09-09$14.13$10.0051.1%14.3%33.0%24.0%51.4%6.6%5.6%402.4K-13.2M-33.0K0.6366.68N/AN/A1157319,8882,764
2024-09-10$13.64$10.0054.5%15.7%35.5%28.0%50.2%6.4%2.3%361.9K-11.1M-31.6K2.2458.54N/AN/A4911019,8622,739
2024-09-11$13.25$10.0052.3%15.0%37.3%25.4%51.0%-4.2%4.8%333.4K-9.5M-30.5K4.2571.24N/AN/A83419,8682,709
2024-09-12$13.55$10.0054.2%15.5%37.7%27.6%0.0%5.1%2.5%346.0K-10.7M-30.4K2.3465.05N/AN/A6214519,8612,739
2024-09-13$14.59$10.0049.9%14.3%44.7%22.5%49.9%8.0%4.9%464.7K-15.1M-30.8K0.0867.32N/AN/A84719,8142,864
2024-09-16$15.00$10.0049.6%14.2%45.3%22.2%50.0%2.6%4.8%529.3K-17.1M-29.2K0.8273.42N/AN/A1209819,8252,864
2024-09-17$14.91$10.0050.4%14.4%45.4%23.1%50.2%2.8%6.1%548.9K-16.7M-28.7K0.0067.15N/AN/A7,737419,7502,911
2024-09-18$14.82$10.0049.9%14.3%42.9%22.5%51.1%-14.3%5.6%705.3K-18.6M-40.0K0.9085.15N/AN/A11510323,8412,911
2024-09-19$15.07$10.0047.4%13.6%43.0%19.6%47.4%-9.8%8.2%1.5M-20.4M-39.8K0.0082.42N/AN/A5,4781923,7942,929
2024-09-20$15.07$10.0050.5%14.5%42.9%23.3%47.2%-7.8%7.7%873.6K-19.7M-40.9K0.0182.98N/AN/A9,9716323,1422,943
2024-09-23$15.34$10.0047.6%13.7%36.3%19.9%48.3%-8.6%6.3%470.0K-15.8M-50.3K0.0455.58N/AN/A2,1528621,1871,517
2024-09-24$16.06$10.0051.6%14.8%38.9%24.5%50.5%-1.2%4.6%564.8K-20.9M-55.5K0.0252.99N/AN/A256523,0511,599
2024-09-25$16.02$10.0051.1%14.7%38.9%24.0%47.6%1.7%6.4%602.5K-20.8M-53.8K1.8549.99N/AN/A12823723,0571,604
2024-09-26$17.13$10.0033.7%9.7%43.6%3.4%37.8%21.2%11.1%666.4K-27.8M-50.3K0.1482.95N/AN/A1672323,1251,722
2024-09-27$17.48$12.5048.6%13.9%43.7%21.0%48.0%-8.2%8.3%616.9K-28.4M-51.7K0.0579.71N/AN/A7563723,0951,734
2024-09-30$17.46$12.5064.0%18.4%43.0%39.2%58.0%-3.0%-2.8%677.0K-27.7M-49.9K4.2263.37N/AN/A12653223,0731,745