WWW Options History — February 2025

In February 2025, WWW traded between $14.67 and $22.28. ATM implied volatility averaged 71.2%, placing in the 44.7% IV rank vs the trailing year. The 30-day expected move averaged 18.1%. IV traded above realized volatility by 7.9% (HV 20d: 63.3%). Max pain ranged from $12.50 to $22.50. Net GEX was positive for 13 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 5.10.

Notable Days

  • 2025-02-20: Highest Volume — 7,974 contracts
  • 2025-02-12: Largest IV drop — 40.4% change
  • 2025-02-11: Highest IV Rank — 100.0%
  • 2025-02-05: Largest Expected Move — 25.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.15$14.67$22.28$21.83$14.67
Max Pain$15.92$12.50$22.50$22.50$17.50
ATM IV71.2%49.1%118.5%77.8%52.2%
Expected Move18.1%14.1%25.1%22.3%15.0%
HV 20d63.3%37.4%90.5%37.5%87.5%
HV 60d54.2%38.0%71.9%71.9%60.8%
IV Rank44.7%18.2%100.0%53.2%21.8%
IV Percentile70.4%34.1%100.0%88.1%50.4%
Term Structure-10.9%-30.6%3.2%-30.6%-0.5%
VWIV63.9%48.1%87.8%78.1%62.1%
Skew 25d6.5%-1.5%20.2%17.8%7.4%
Skew 10d9.2%-7.0%32.0%31.9%10.9%
Call IV 25d60.7%46.7%83.0%71.1%54.0%
Put IV 25d67.2%51.6%89.3%88.9%61.4%
Bid-Ask Spread %66.2150.0776.1176.0267.52
Gamma HHI0.310.200.620.200.45
Net GEX19.2K-156.9K102.1K90.6K-156.9K
Net DEX-7.4M-16.4M2.1M-15.4M2.1M
Net VEX-14.4K-16.8K-7.1K-15.8K-14.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.100.0530.030.056.19
Total Volume936.632157,974567813
Total OI11,592.0537,11314,79510,24313,619

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$21.83$22.5077.8%22.3%37.5%53.2%78.1%17.8%-30.6%90.6K-15.4M-15.8K0.0576.02N/AN/A542259,0921,151
2025-02-04$21.80$22.5078.8%22.6%37.4%54.4%79.1%-1.5%-16.2%100.7K-15.7M-16.4K0.0963.06N/AN/A2229,4291,151
2025-02-05$22.28$22.5087.5%25.1%38.2%64.8%87.8%6.3%-23.7%101.1K-16.4M-16.0K23.5352.72N/AN/A174009,4281,152
2025-02-06$21.51$12.5090.5%18.2%39.7%68.4%60.2%20.2%-9.2%86.7K-14.8M-16.6K0.3675.19N/AN/A1149,4321,513
2025-02-07$21.01$12.50100.2%19.9%40.3%80.2%67.2%5.5%-11.3%86.3K-14.0M-16.8K1.2966.41N/AN/A62809,4261,517
2025-02-10$20.72$12.50108.6%19.1%39.6%90.3%69.2%5.6%-11.0%85.2K-13.7M-15.8K0.5562.84N/AN/A174969,4391,552
2025-02-11$20.55$12.50118.5%19.2%39.1%100.0%65.0%5.7%-10.6%84.0K-13.4M-15.6K0.0767.51N/AN/A9069,5151,620
2025-02-12$18.44$12.5070.7%20.3%53.1%43.6%66.7%6.0%-14.6%92.4K-10.3M-15.3K6.3750.07N/AN/A462939,5241,620
2025-02-13$18.77$12.5067.6%19.4%53.6%40.0%68.0%6.8%-11.1%86.6K-10.6M-15.9K0.1868.48N/AN/A56109,5371,846
2025-02-14$18.37$12.5070.3%20.2%53.7%43.2%66.9%5.5%-13.7%85.2K-10.1M-15.0K1.6055.39N/AN/A62999,5391,850
2025-02-18$18.79$12.5070.1%20.1%54.7%42.9%70.8%7.6%-14.4%89.4K-10.5M-15.1K0.8856.60N/AN/A5224589,5681,912
2025-02-19$15.23$12.5049.5%14.2%89.6%18.6%48.1%1.1%3.2%102.1K-5.5M-10.5K0.7757.92N/AN/A1,1809149,6792,288
2025-02-20$14.93$17.5049.1%14.1%89.5%18.2%57.1%6.9%-13.2%32.1K1.1M-7.1K30.0373.03N/AN/A2577,7174,9202,193
2025-02-21$15.21$17.5051.3%14.7%90.5%20.7%51.3%3.0%-0.7%-122.6K2.1M-13.7K3.2166.83N/AN/A2367574,9769,819
2025-02-24$15.32$17.5051.2%14.7%89.4%20.6%55.0%8.1%-1.7%-117.8K1.3M-13.7K8.2376.11N/AN/A302474,1358,832
2025-02-25$14.95$17.5053.1%15.2%88.6%22.9%54.0%3.5%-3.1%-141.7K1.7M-14.1K4.1172.98N/AN/A441814,1618,998
2025-02-26$15.50$17.5051.0%14.6%90.3%20.5%52.3%2.4%-0.5%-101.1K851.6K-12.6K1.9073.55N/AN/A3256164,1888,865
2025-02-27$14.92$17.5055.4%15.9%90.5%25.6%55.5%6.5%-24.5%-118.4K1.2M-12.8K7.5575.84N/AN/A1641,2384,3118,452
2025-02-28$14.67$17.5052.2%15.0%87.5%21.8%62.1%7.4%-0.5%-156.9K2.1M-14.1K6.1967.52N/AN/A1137004,3529,267