WWW Options History — March 2025

In March 2025, WWW traded between $13.30 and $14.66. ATM implied volatility averaged 56.1%, placing in the 26.4% IV rank vs the trailing year. The 30-day expected move averaged 17.1%. IV traded below realized volatility by 9.1% (HV 20d: 65.1%). Max pain ranged from $12.50 to $17.50. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 4.49.

Notable Days

  • 2025-03-31: Highest Volume — 9,567 contracts
  • 2025-03-28: Largest IV spike — 25.8% change
  • 2025-03-31: Highest IV Rank — 43.8%
  • 2025-03-10: Largest Expected Move — 19.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.94$13.30$14.66$14.29$13.94
Max Pain$15.13$12.50$17.50$17.50$12.50
ATM IV56.1%46.2%70.9%56.5%70.9%
Expected Move17.1%12.8%19.3%16.2%19.2%
HV 20d65.1%37.7%86.0%85.7%42.5%
HV 60d59.2%57.6%60.8%60.8%60.5%
IV Rank26.4%14.7%43.8%26.9%43.8%
IV Percentile56.5%20.2%81.3%63.1%81.3%
Term Structure2.6%-27.9%15.1%-27.9%8.4%
VWIV59.0%31.9%71.8%56.4%71.8%
Skew 25d4.5%-19.4%24.3%16.6%5.7%
Skew 10d22.6%-16.5%160.9%29.0%-7.4%
Call IV 25d47.8%29.9%63.1%48.0%63.1%
Put IV 25d52.3%33.6%68.8%64.6%68.8%
Bid-Ask Spread %77.4256.85100.4486.5165.14
Gamma HHI0.670.530.890.550.89
Net GEX24.5K-230.8K338.0K-204.9K318.8K
Net DEX-1.5M-7.9M2.9M2.9M-7.9M
Net VEX-21.0K-38.9K-13.9K-15.1K-38.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.490.0234.503.038.46
Total Volume1,801.857469,5671499,567
Total OI16,188.7629,37120,32514,29720,325

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$14.29$17.5056.5%16.2%85.7%26.9%56.4%16.6%-27.9%-204.9K2.9M-15.1K3.0386.51N/AN/A371124,4329,865
2025-03-04$14.28$17.5054.7%15.7%86.0%24.8%57.4%14.4%-0.2%-191.8K2.6M-14.3K7.4379.49N/AN/A1971,4634,4149,772
2025-03-05$14.25$17.5059.0%16.9%86.0%29.8%59.7%-5.1%1.1%-170.6K2.2M-13.9K0.1282.30N/AN/A2,3902844,5209,038
2025-03-06$14.27$17.5060.9%17.5%84.9%32.1%62.3%-19.4%2.5%-107.8K809.5K-18.3K34.5082.56N/AN/A2696,6579,024
2025-03-07$14.11$17.5054.2%15.5%84.9%24.2%56.3%7.8%2.6%-123.2K941.4K-17.0K0.0378.69N/AN/A512166,6578,964
2025-03-10$13.99$17.5067.4%19.3%85.0%39.7%67.4%3.3%-0.9%-115.7K971.6K-17.8K4.4275.31N/AN/A12537,1608,958
2025-03-11$13.79$17.5055.2%16.7%85.0%25.3%60.2%-18.7%3.1%-144.3K1.3M-16.4K0.0583.59N/AN/A756357,1628,931
2025-03-12$13.37$17.5058.3%18.8%84.9%29.0%46.2%2.0%2.7%-193.2K1.6M-18.4K0.4077.77N/AN/A117477,8988,891
2025-03-13$13.30$17.5059.8%19.1%78.6%30.8%62.5%24.3%0.7%-209.1K1.6M-18.3K4.4184.57N/AN/A22978,0148,879
2025-03-14$13.34$17.5057.0%12.8%77.9%27.5%31.9%-1.1%1.7%-230.8K1.2M-17.4K0.3786.29N/AN/A1,0083758,0158,877
2025-03-17$13.73$12.5056.7%16.8%79.6%27.1%54.6%22.4%3.1%60.2K-1.0M-15.8K0.6565.09N/AN/A55369,0178,593
2025-03-18$13.31$12.5059.1%17.2%78.5%30.0%0.0%2.2%0.3%-76.6K-355.6K-15.4K0.0468.12N/AN/A1,249519,0668,565
2025-03-19$14.08$12.5050.9%15.8%38.5%20.3%54.8%14.8%4.0%150.9K-2.3M-18.0K0.7756.85N/AN/A262010,2768,495
2025-03-20$13.80$0.0053.1%12.9%38.5%22.9%0.0%10.0%-21.9%152.7K-1.9M-17.2K28.77100.44N/AN/A351,00710,2738,498
2025-03-21$13.63$0.0054.9%18.5%37.7%24.9%64.5%6.1%10.6%158.9K-1.8M-16.2K0.3187.76N/AN/A35911110,2888,182
2025-03-24$14.46$12.5049.0%17.8%44.0%18.0%63.1%0.7%13.1%207.1K-3.8M-17.8K0.0272.94N/AN/A4,5461117,8151,556
2025-03-25$14.66$12.5047.3%17.7%43.6%16.0%61.7%16.7%14.5%304.8K-7.2M-29.5K0.0378.74N/AN/A5,03416011,9041,656
2025-03-26$14.19$12.5048.7%17.5%42.6%17.7%61.7%-15.8%12.4%285.0K-6.9M-32.9K0.0770.86N/AN/A1,74212313,1781,816
2025-03-27$14.21$12.5046.2%17.5%40.8%14.7%64.3%0.4%15.1%338.0K-7.6M-36.3K0.1471.23N/AN/A1,33818114,6741,877
2025-03-28$13.66$12.5058.1%19.3%42.6%28.7%64.8%7.2%9.1%306.4K-7.0M-35.9K0.3671.53N/AN/A3,2881,19615,7272,055
2025-03-31$13.94$12.5070.9%19.2%42.5%43.8%71.8%5.7%8.4%318.8K-7.9M-38.9K8.4665.14N/AN/A1,0118,55617,0743,251