WWW Options History — April 2025

In April 2025, WWW traded between $9.94 and $14.53. ATM implied volatility averaged 97.9%, placing in the 58.3% IV rank vs the trailing year. The 30-day expected move averaged 27.1%. IV traded below realized volatility by 32.5% (HV 20d: 130.4%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 16 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.47.

Notable Days

  • 2025-04-01: Highest Volume — 6,461 contracts
  • 2025-04-03: Largest IV spike — 74.2% change
  • 2025-04-07: Highest IV Rank — 100.0%
  • 2025-04-08: Largest Expected Move — 32.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.95$9.94$14.53$13.96$13.01
Max Pain$10.60$10.00$12.50$12.50$10.00
ATM IV97.9%55.9%149.2%59.0%104.5%
Expected Move27.1%19.4%32.3%19.4%30.0%
HV 20d130.4%42.5%149.1%42.5%148.4%
HV 60d93.5%60.4%102.5%60.4%101.3%
IV Rank58.3%26.2%100.0%29.9%61.3%
IV Percentile89.9%61.1%100.0%65.5%94.8%
Term Structure-13.4%-26.1%8.9%8.9%-25.4%
VWIV92.1%59.4%112.5%73.9%95.4%
Skew 25d32.3%8.3%62.2%9.6%22.0%
Skew 10d58.8%-1.6%125.9%22.4%70.4%
Call IV 25d71.5%34.3%94.0%63.7%93.3%
Put IV 25d103.9%72.7%127.5%73.3%115.3%
Bid-Ask Spread %72.6660.8591.2360.9262.36
Gamma HHI0.360.300.630.560.34
Net GEX158.5K-88.6K334.9K224.1K293.0K
Net DEX-7.5M-17.3M5.0M-7.6M-17.1M
Net VEX-41.6K-52.0K-34.5K-47.1K-44.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.003.173.170.00
Total Volume1,660.667346,4616,46155
Total OI34,82925,98244,70731,17228,120

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$13.96$12.5059.0%19.4%42.5%29.9%73.9%9.6%8.9%224.1K-7.6M-47.1K3.1760.92N/AN/A1,5494,91218,04213,130
2025-04-02$14.53$12.5055.9%19.6%44.9%26.2%69.6%38.4%-9.0%334.9K-11.8M-47.2K0.1279.11N/AN/A2,34528018,96814,925
2025-04-03$11.16$12.5097.4%24.4%104.2%75.1%84.7%9.4%-12.1%-88.6K5.0M-35.1K0.8062.30N/AN/A1,5041,19720,43615,166
2025-04-04$11.89$12.50101.6%26.1%107.6%80.0%74.5%51.7%-16.7%-39.8K2.2M-41.4K0.0891.23N/AN/A1,98215719,36716,170
2025-04-07$11.17$12.50149.2%30.3%109.3%100.0%104.0%42.1%-16.9%-51.2K4.6M-35.4K0.0071.27N/AN/A5,7282220,80316,204
2025-04-08$9.94$10.00140.2%32.3%115.5%92.2%112.5%37.7%-20.5%-27.0K5.0M-34.5K0.1064.81N/AN/A3,11331925,66616,183
2025-04-09$12.37$10.0099.4%28.5%142.2%56.9%104.7%33.3%-17.4%51.7K-7.3M-52.0K0.0571.12N/AN/A7213328,27916,428
2025-04-10$10.99$10.00112.1%32.1%147.9%67.9%100.2%51.0%-15.0%147.6K-3.5M-36.3K0.5775.52N/AN/A1,50785328,25411,939
2025-04-11$11.13$10.00106.4%30.5%148.1%63.0%108.2%20.8%-13.5%161.3K-4.6M-38.7K0.0260.85N/AN/A1,9633029,18411,967
2025-04-14$11.07$10.00108.2%31.0%147.4%64.6%59.4%44.9%-13.9%42.6K-4.7M-42.3K0.1381.57N/AN/A30431,01911,979
2025-04-15$10.73$10.0096.7%27.7%147.4%54.5%98.3%31.4%-7.0%188.8K-4.1M-38.2K2.0078.04N/AN/A459031,02711,981
2025-04-16$10.55$10.00100.5%28.8%145.3%57.8%100.3%22.1%-13.6%-27.4K-3.1M-36.2K0.1171.47N/AN/A2,16324331,03011,872
2025-04-17$10.80$10.0094.2%27.0%145.9%52.4%94.0%24.2%-6.3%207.5K-5.0M-38.7K1.2679.08N/AN/A24230632,22211,273
2025-04-21$11.59$10.0085.9%24.6%148.8%45.2%90.7%8.3%-13.7%244.8K-11.0M-40.3K0.2478.67N/AN/A48111522,7503,349
2025-04-22$12.26$10.0090.8%26.0%148.6%49.4%94.4%47.4%-15.2%255.2K-13.6M-42.7K0.2875.13N/AN/A50514322,6413,436
2025-04-23$12.34$10.0072.7%20.8%148.5%33.8%83.1%37.5%6.8%262.6K-13.6M-41.3K0.5882.94N/AN/A37121622,3973,585
2025-04-24$12.80$10.0089.5%25.6%149.1%48.3%97.2%11.6%-14.2%274.1K-15.9M-44.7K0.0664.73N/AN/A1,2077823,2863,808
2025-04-25$12.73$10.0091.0%26.1%149.1%49.6%90.9%52.3%-19.1%293.2K-16.2M-46.3K0.1876.95N/AN/A2073824,3113,932
2025-04-28$12.93$10.0097.2%27.9%148.7%55.0%92.8%21.2%-22.3%297.9K-17.1M-44.7K0.0963.28N/AN/A46424,1603,968
2025-04-29$12.97$10.00104.1%29.9%148.4%61.0%104.9%62.2%-26.1%283.4K-17.3M-45.6K0.0174.53N/AN/A69124,1853,967
2025-04-30$13.01$10.00104.5%30.0%148.4%61.3%95.4%22.0%-25.4%293.0K-17.1M-44.0K0.0062.36N/AN/A55024,1533,967