WWW Options History — December 2024

In December 2024, WWW traded between $21.80 and $24.27. ATM implied volatility averaged 44.2%, placing in the 12.7% IV rank vs the trailing year. The 30-day expected move averaged 12.8%. IV traded below realized volatility by 11.7% (HV 20d: 55.9%). Max pain ranged from $15.00 to $22.50. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.95.

Notable Days

  • 2024-12-03: Highest Volume — 4,689 contracts
  • 2024-12-18: Largest IV spike — 29.9% change
  • 2024-12-18: Highest IV Rank — 30.3%
  • 2024-12-18: Largest Expected Move — 16.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.02$21.80$24.27$23.48$22.20
Max Pain$21.43$15.00$22.50$15.00$22.50
ATM IV44.2%38.0%58.8%42.4%42.6%
Expected Move12.8%10.9%16.9%12.1%12.2%
HV 20d55.9%37.6%111.9%108.2%44.5%
HV 60d72.9%71.8%74.1%72.9%71.8%
IV Rank12.7%5.1%30.3%10.4%10.8%
IV Percentile12.4%2.4%56.3%7.9%9.5%
Term Structure5.4%-0.1%16.3%-0.1%9.2%
VWIV46.8%39.6%66.7%65.3%43.7%
Skew 25d-0.7%-12.2%6.3%-1.5%-11.6%
Skew 10d-2.9%-22.5%11.1%-22.5%-9.9%
Call IV 25d44.7%38.5%62.8%40.6%46.4%
Put IV 25d44.1%30.4%58.9%39.1%34.8%
Bid-Ask Spread %68.8943.1891.9277.3984.68
Gamma HHI0.360.260.520.270.33
Net GEX121.8K-47.3K257.3K200.4K21.5K
Net DEX-29.7M-40.3M-14.1M-36.0M-14.1M
Net VEX-26.7K-34.8K-19.9K-21.1K-20.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.950.024.361.020.19
Total Volume518.762134,6892,16763
Total OI21,493.85712,33826,26620,00612,516

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-12-02$23.48$15.0042.4%12.1%108.2%10.4%65.3%-1.5%-0.1%200.4K-36.0M-21.1K1.0277.39N/AN/A1,0751,09217,2872,719
2024-12-03$23.56$15.0038.0%10.9%108.3%5.1%44.8%3.9%16.3%175.8K-36.5M-19.9K0.9582.41N/AN/A2,4002,28917,2973,543
2024-12-04$24.10$15.0039.1%11.2%108.1%6.5%39.6%-3.7%1.9%221.3K-38.4M-33.6K0.2281.85N/AN/A36819,5725,646
2024-12-05$22.70$22.5039.8%12.3%111.9%7.4%41.6%-9.2%4.8%150.8K-33.4M-29.6K0.0276.02N/AN/A244619,5735,646
2024-12-06$23.05$22.5040.8%13.1%38.3%8.6%45.7%6.3%5.8%208.9K-35.3M-34.8K0.5472.50N/AN/A874720,0215,476
2024-12-09$22.66$22.5044.3%13.3%38.5%12.8%46.9%1.9%3.4%171.9K-34.1M-30.0K4.3661.54N/AN/A5524020,0785,475
2024-12-10$22.83$22.5045.4%13.2%37.6%14.1%46.1%2.7%3.9%174.4K-34.5M-31.5K0.5066.30N/AN/A241220,0835,638
2024-12-11$24.27$22.5044.5%12.8%42.1%13.0%45.1%3.0%4.7%257.3K-40.3M-30.4K1.3450.44N/AN/A36548820,1015,643
2024-12-12$23.84$22.5045.1%12.9%41.7%13.8%46.1%2.3%4.7%196.3K-38.4M-30.1K0.0659.20N/AN/A69420,0816,059
2024-12-13$23.53$22.5045.3%13.0%41.7%13.9%46.6%-1.2%4.9%153.5K-37.2M-29.2K0.2543.48N/AN/A521320,0626,059
2024-12-16$23.26$22.5046.4%13.3%41.8%15.3%46.9%5.8%4.6%104.6K-35.9M-28.0K0.5743.18N/AN/A492820,0456,066
2024-12-17$23.15$22.5045.3%13.0%41.8%14.0%45.4%1.3%4.5%44.0K-35.5M-27.5K0.1555.23N/AN/A4326520,0686,063
2024-12-18$21.80$22.5058.8%16.9%47.1%30.3%66.7%-3.9%1.8%188.1K-29.9M-29.0K0.0591.92N/AN/A2831319,9726,100
2024-12-19$22.48$22.5047.6%13.7%48.4%16.8%47.7%5.2%3.5%-47.3K-32.8M-26.6K1.7962.53N/AN/A529320,1066,107
2024-12-20$23.05$22.5045.0%12.9%47.4%13.6%45.2%0.5%5.4%70.7K-36.0M-26.0K0.9670.45N/AN/A31130020,1156,151
2024-12-23$22.81$22.5044.2%12.7%47.1%12.7%44.0%3.6%6.7%66.2K-15.6M-23.4K0.9662.52N/AN/A16916210,0322,393
2024-12-24$22.84$22.5042.6%12.2%46.3%10.8%42.7%1.3%8.3%61.5K-15.6M-23.2K3.3376.93N/AN/A3109,9542,384
2024-12-26$23.03$22.5041.6%11.9%44.1%9.6%41.9%3.0%7.3%62.3K-16.0M-21.7K0.5470.99N/AN/A67369,9582,391
2024-12-27$22.49$22.5044.2%12.7%44.7%12.7%44.4%-11.7%6.3%41.0K-14.8M-21.9K1.7782.83N/AN/A30539,9862,421
2024-12-30$22.27$22.5045.2%13.0%44.8%13.9%46.5%-12.2%5.8%35.0K-14.2M-22.1K0.4474.28N/AN/A482110,0172,467
2024-12-31$22.20$22.5042.6%12.2%44.5%10.8%43.7%-11.6%9.2%21.5K-14.1M-20.8K0.1984.68N/AN/A531010,0302,486