WWW Options History — November 2025

In November 2025, WWW traded between $14.63 and $22.23. ATM implied volatility averaged 62.9%, placing in the 23.1% IV rank vs the trailing year. The 30-day expected move averaged 17.7%. IV traded below realized volatility by 44.6% (HV 20d: 107.4%). Max pain ranged from $15.00 to $25.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.55.

Notable Days

2025-11-05: Highest Volume — 2,509 contracts
2025-11-05: Largest IV drop — 24.2% change
2025-11-03: Highest IV Rank — 45.2%
2025-11-03: Largest Expected Move — 25.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$16.35	$14.63	$22.23	$22.23	$16.21
Max Pain	$17.76	$15.00	$25.00	$25.00	$15.00
ATM IV	62.9%	53.6%	87.7%	87.7%	53.6%
Expected Move	17.7%	15.4%	25.1%	25.1%	15.4%
HV 20d	107.4%	48.5%	119.2%	48.5%	118.3%
HV 60d	68.5%	38.0%	74.4%	38.3%	74.0%
IV Rank	23.1%	14.9%	45.2%	45.2%	14.9%
IV Percentile	66.9%	48.4%	86.5%	86.5%	48.4%
Term Structure	0.2%	-21.1%	16.7%	-21.0%	16.7%
VWIV	63.0%	55.5%	98.6%	89.5%	56.6%
Skew 25d	4.4%	-5.2%	8.8%	-1.0%	4.3%
Skew 10d	10.2%	-11.3%	24.9%	-11.3%	15.0%
Call IV 25d	62.5%	53.7%	89.9%	89.9%	56.6%
Put IV 25d	66.9%	56.7%	89.8%	88.9%	60.9%
Bid-Ask Spread %	76.61	38.92	93.19	77.27	93.19
Gamma HHI	0.22	0.18	0.33	0.25	0.27
Net GEX	38.3K	11.2K	115.4K	115.4K	47.9K
Net DEX	151.8K	-3.6M	1.4M	-3.6M	-606.9K
Net VEX	-11.5K	-23.0K	-8.6K	-23.0K	-10.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.55	0.02	1.94	0.50	0.02
Total Volume	279.105	28	2,509	165	28
Total OI	9,582.316	8,544	10,121	8,544	9,467

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-11-03	$22.23	$25.00	87.7%	25.1%	48.5%	45.2%	89.5%	-1.0%	-21.0%	115.4K	-3.6M	-23.0K	0.50	77.27	N/A	N/A	110	55	6,989	1,555
2025-11-04	$22.17	$25.00	85.7%	24.6%	48.5%	43.4%	98.6%	4.1%	-21.1%	109.6K	-3.2M	-21.6K	0.23	64.74	N/A	N/A	53	12	7,038	1,590
2025-11-05	$16.43	$25.00	64.9%	18.6%	113.4%	24.9%	65.2%	5.0%	-3.2%	29.6K	1.4M	-9.1K	0.36	72.22	N/A	N/A	1,848	661	7,029	2,078
2025-11-06	$15.52	$17.50	56.0%	15.7%	113.7%	17.0%	58.6%	5.5%	6.4%	27.0K	1.1M	-10.0K	0.26	81.00	N/A	N/A	389	100	7,486	2,081
2025-11-07	$15.89	$17.50	60.4%	17.0%	114.7%	20.9%	61.9%	3.6%	5.2%	39.2K	632.2K	-11.5K	1.13	79.82	N/A	N/A	70	79	7,687	2,108
2025-11-10	$16.39	$17.50	64.8%	16.7%	114.7%	24.8%	56.5%	4.8%	1.3%	44.2K	357.3K	-12.3K	0.05	77.46	N/A	N/A	216	10	7,724	2,087
2025-11-11	$15.80	$17.50	69.3%	17.1%	114.1%	28.8%	57.8%	7.1%	5.4%	36.6K	603.3K	-11.1K	0.34	82.02	N/A	N/A	185	62	7,704	2,097
2025-11-12	$15.96	$17.50	55.7%	16.0%	113.5%	16.7%	55.5%	3.1%	8.4%	39.1K	491.5K	-11.7K	0.81	82.24	N/A	N/A	36	29	7,840	2,133
2025-11-13	$15.56	$17.50	58.7%	16.8%	113.3%	19.3%	59.1%	0.7%	5.7%	33.8K	675.6K	-11.1K	0.29	85.25	N/A	N/A	34	10	7,833	2,157
2025-11-14	$15.45	$17.50	54.0%	15.5%	113.3%	15.2%	57.5%	7.5%	7.5%	24.7K	965.3K	-10.0K	0.54	75.14	N/A	N/A	102	55	7,834	2,171
2025-11-17	$14.63	$17.50	63.2%	18.1%	112.1%	23.4%	63.2%	8.8%	-4.6%	14.1K	1.2M	-9.2K	1.94	38.92	N/A	N/A	49	95	7,892	2,205
2025-11-18	$14.93	$17.50	60.4%	17.3%	111.5%	20.8%	59.5%	3.9%	3.0%	16.1K	1.1M	-9.3K	1.32	66.11	N/A	N/A	56	74	7,903	2,218
2025-11-19	$14.84	$15.00	63.0%	18.1%	111.8%	23.2%	61.6%	5.1%	-1.9%	14.4K	1.1M	-8.8K	0.30	88.74	N/A	N/A	44	13	7,909	2,190
2025-11-20	$14.75	$15.00	61.2%	17.5%	110.1%	21.6%	61.4%	6.3%	0.5%	11.2K	1.1M	-9.1K	0.81	78.35	N/A	N/A	64	52	7,916	2,179
2025-11-21	$15.96	$15.00	61.9%	17.8%	116.2%	22.2%	57.3%	7.4%	0.5%	31.2K	539.5K	-10.1K	0.29	77.10	N/A	N/A	56	16	7,919	2,084
2025-11-24	$15.35	$15.00	55.7%	16.0%	116.1%	16.7%	56.8%	5.7%	-0.1%	21.4K	-56.3K	-8.6K	0.07	78.90	N/A	N/A	41	3	7,487	1,432
2025-11-25	$16.18	$15.00	61.9%	17.7%	119.2%	22.2%	56.4%	7.0%	-3.7%	32.9K	-334.8K	-9.9K	0.67	76.78	N/A	N/A	84	56	7,531	1,435
2025-11-26	$16.41	$15.00	56.5%	16.2%	118.3%	17.4%	56.6%	-5.2%	-0.9%	38.9K	-566.0K	-11.1K	0.02	80.28	N/A	N/A	445	11	7,592	1,484
2025-11-28	$16.21	$15.00	53.6%	15.4%	118.3%	14.9%	0.0%	4.3%	16.7%	47.9K	-606.9K	-10.3K	0.00	93.19	N/A	N/A	0	28	7,972	1,495