WWW Options History — August 2025

In August 2025, WWW traded between $21.95 and $32.21. ATM implied volatility averaged 56.2%, placing in the 19.5% IV rank vs the trailing year. The 30-day expected move averaged 14.7%. IV traded below realized volatility by 4.2% (HV 20d: 60.3%). Max pain ranged from $15.00 to $20.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.55.

Notable Days

  • 2025-08-05: Highest Volume — 27,919 contracts
  • 2025-08-11: Largest IV spike — 49.8% change
  • 2025-08-05: Highest IV Rank — 70.5%
  • 2025-08-01: Largest Expected Move — 24.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.24$21.95$32.21$21.95$31.91
Max Pain$19.52$15.00$20.00$20.00$20.00
ATM IV56.2%43.4%115.0%84.1%46.9%
Expected Move14.7%12.8%24.1%24.1%13.4%
HV 20d60.3%42.7%65.8%42.7%58.9%
HV 60d51.8%47.7%54.0%51.5%50.9%
IV Rank19.5%8.4%70.5%43.7%11.4%
IV Percentile37.7%12.3%98.0%84.1%23.8%
Term Structure-2.4%-25.2%4.5%-25.2%-0.1%
VWIV53.0%31.0%86.1%86.1%46.9%
Skew 25d2.2%-1.1%7.9%7.9%-0.1%
Skew 10d6.8%0.4%14.1%6.3%6.3%
Call IV 25d52.4%45.6%87.3%87.3%47.1%
Put IV 25d54.7%45.1%95.2%95.2%47.0%
Bid-Ask Spread %63.1839.7480.4865.1878.65
Gamma HHI0.340.280.600.310.41
Net GEX498.8K241.4K878.1K668.7K258.0K
Net DEX-57.8M-90.0M-25.4M-25.4M-52.2M
Net VEX-48.0K-74.2K-27.9K-63.4K-29.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.008.750.070.05
Total Volume3,215.5718227,919603164
Total OI30,928.23822,70247,92425,83022,702

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$21.95$20.0084.1%24.1%42.7%43.7%86.1%7.9%-25.2%668.7K-25.4M-63.4K0.0765.18N/AN/A5653822,5423,288
2025-08-04$22.93$15.00101.0%19.0%43.5%58.3%67.3%-0.0%-9.4%653.6K-31.0M-63.1K0.0742.40N/AN/A7,01249122,8713,279
2025-08-05$23.34$15.00115.0%20.4%42.7%70.5%75.0%1.4%-10.6%828.3K-39.0M-74.2K0.3239.74N/AN/A21,0876,83227,9103,685
2025-08-06$27.02$20.0059.8%15.2%64.7%22.6%64.2%1.7%0.8%878.1K-90.0M-70.6K0.0253.52N/AN/A6,07312439,0538,871
2025-08-07$27.52$20.0052.9%14.7%64.5%16.7%57.7%1.6%0.8%687.6K-80.8M-65.9K0.0451.90N/AN/A4,75919934,4938,905
2025-08-08$27.46$20.0043.4%14.4%62.6%8.4%48.0%2.6%4.5%684.3K-74.8M-59.8K0.1062.43N/AN/A4,39544432,1959,001
2025-08-11$26.78$20.0065.0%14.5%63.9%27.1%51.9%0.8%4.2%646.6K-68.8M-58.6K0.2563.23N/AN/A70617531,2379,253
2025-08-12$27.56$20.0054.0%13.9%63.3%17.6%31.0%0.5%2.4%428.9K-72.0M-47.5K0.0068.13N/AN/A700229,6529,315
2025-08-13$28.74$20.0047.3%13.6%63.8%11.8%54.4%2.7%4.2%400.5K-76.1M-43.0K0.0363.92N/AN/A1,5924929,3169,317
2025-08-14$28.30$20.0046.1%13.2%64.4%10.8%47.8%0.8%-21.2%369.8K-72.6M-41.9K0.1757.29N/AN/A701228,7329,362
2025-08-15$28.89$20.0044.6%12.8%64.3%9.5%51.1%4.3%3.1%357.5K-74.8M-41.3K0.0655.00N/AN/A1,1777028,7709,372
2025-08-18$28.25$20.0047.0%13.5%65.8%11.5%48.4%1.6%-0.7%395.4K-43.9M-43.4K0.1758.32N/AN/A1262118,6294,496
2025-08-19$28.13$20.0046.8%13.4%64.6%11.3%54.7%1.1%-1.2%402.1K-43.6M-43.5K1.0352.79N/AN/A727418,7164,507
2025-08-20$28.53$20.0046.4%13.3%62.2%11.0%51.5%2.9%-0.8%386.7K-44.9M-40.9K8.7562.08N/AN/A1210518,6694,530
2025-08-21$28.84$20.0045.5%13.0%61.9%10.2%53.9%5.1%-0.4%378.6K-45.6M-41.6K0.1868.69N/AN/A1993518,6774,602
2025-08-22$30.65$20.0045.9%13.2%64.3%10.6%46.6%3.9%-0.8%289.9K-51.6M-34.1K0.0273.95N/AN/A3,9879818,7564,627
2025-08-25$30.86$20.0046.5%13.3%64.2%11.1%51.0%4.5%-0.1%520.3K-56.3M-41.0K0.0777.31N/AN/A5343721,1264,707
2025-08-26$31.31$20.0047.0%13.5%62.6%11.5%37.2%3.1%-0.4%513.4K-57.3M-39.3K0.0380.48N/AN/A1,0293420,9854,740
2025-08-27$31.81$20.0047.2%13.5%61.4%11.7%46.8%-1.1%0.5%485.4K-58.8M-37.2K0.0073.45N/AN/A3,3031120,8534,735
2025-08-28$32.21$20.0046.8%13.4%60.7%11.4%41.2%1.3%-0.1%241.4K-54.2M-27.9K0.0178.20N/AN/A1,1001418,2734,744
2025-08-29$31.91$20.0046.9%13.4%58.9%11.4%46.9%-0.1%-0.1%258.0K-52.2M-29.1K0.0578.65N/AN/A156817,9524,750