WWW Options History — December 2025

In December 2025, WWW traded between $16.52 and $18.83. ATM implied volatility averaged 52.5%, placing in the 13.8% IV rank vs the trailing year. The 30-day expected move averaged 15.0%. IV traded below realized volatility by 7.1% (HV 20d: 59.6%). Max pain ranged from $15.00 to $17.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 0.88.

Notable Days

  • 2025-12-16: Highest Volume — 424 contracts
  • 2025-12-26: Largest IV spike — 14.5% change
  • 2025-12-08: Highest IV Rank — 20.3%
  • 2025-12-03: Largest Expected Move — 16.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.91$16.52$18.83$17.10$18.00
Max Pain$17.05$15.00$17.50$15.00$15.00
ATM IV52.5%44.3%59.8%54.6%52.7%
Expected Move15.0%12.7%16.4%15.7%15.1%
HV 20d59.6%34.4%123.3%120.9%34.4%
HV 60d77.2%75.2%77.9%75.2%77.6%
IV Rank13.8%6.5%20.3%15.7%14.0%
IV Percentile39.5%6.3%64.7%52.0%38.5%
Term Structure6.3%-3.3%16.3%-0.5%8.1%
VWIV54.3%45.4%62.2%54.9%52.8%
Skew 25d4.1%0.3%6.3%2.8%4.1%
Skew 10d9.3%-9.2%28.8%3.9%7.3%
Call IV 25d54.5%49.8%61.3%59.1%54.4%
Put IV 25d58.7%52.6%65.7%61.9%58.5%
Bid-Ask Spread %84.4377.3994.8482.7294.84
Gamma HHI0.290.200.460.300.22
Net GEX54.9K19.1K100.0K61.8K21.9K
Net DEX-1.2M-2.2M-485.1K-979.9K-960.7K
Net VEX-10.4K-11.8K-8.9K-11.1K-9.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.028.180.460.04
Total Volume126.5342473211
Total OI8,346.5914,91510,1749,4955,561

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-12-01$17.10$15.0054.6%15.7%120.9%15.7%54.9%2.8%-0.5%61.8K-979.9K-11.1K0.4682.72N/AN/A50237,9721,523
2025-12-02$16.52$15.0055.5%15.9%121.1%16.5%62.0%1.6%-3.3%50.0K-692.9K-10.6K0.8683.92N/AN/A90777,9821,538
2025-12-03$17.38$15.0057.4%16.4%123.3%18.2%57.6%5.7%-0.7%66.5K-1.1M-11.6K0.1984.34N/AN/A70137,9831,603
2025-12-04$17.21$17.5054.7%15.9%60.8%15.7%60.1%5.7%6.2%62.0K-1.0M-11.3K1.1180.08N/AN/A28317,9811,610
2025-12-05$17.45$17.5054.9%15.5%56.7%16.0%59.1%5.0%6.7%63.7K-1.0M-11.0K0.2779.98N/AN/A210567,9581,630
2025-12-08$17.38$17.5059.8%15.8%56.4%20.3%62.2%3.3%7.7%65.6K-1.1M-11.0K0.0286.45N/AN/A4318,1051,613
2025-12-09$17.56$17.5056.9%15.8%55.5%17.8%56.0%2.9%4.7%68.9K-1.2M-11.1K0.0683.79N/AN/A7048,0921,614
2025-12-10$18.61$17.5056.9%16.3%56.6%17.7%54.4%4.6%3.0%96.8K-1.9M-11.6K0.4681.31N/AN/A82388,0941,622
2025-12-11$18.45$17.5053.9%15.5%56.9%15.1%52.1%4.6%5.4%94.4K-1.8M-11.8K0.1779.98N/AN/A122218,1151,637
2025-12-12$18.24$17.5052.4%15.0%56.1%13.7%50.9%3.4%5.3%82.8K-1.8M-11.3K0.1480.43N/AN/A6698,2011,633
2025-12-15$18.43$17.5053.4%15.3%55.8%14.6%61.7%3.8%3.3%84.7K-1.9M-10.2K8.1881.10N/AN/A11908,2601,626
2025-12-16$18.81$17.5049.9%14.3%50.6%11.5%55.9%5.1%7.4%100.0K-2.2M-10.6K1.1382.81N/AN/A1992258,2551,671
2025-12-17$18.81$17.5050.0%14.3%50.7%11.6%50.4%5.9%7.1%61.1K-1.8M-10.1K0.2382.20N/AN/A3588,2751,860
2025-12-18$18.83$17.5050.3%14.4%50.5%11.8%53.1%5.0%7.9%72.6K-1.8M-10.1K1.6982.36N/AN/A16278,2901,867
2025-12-19$18.18$17.5050.3%14.4%52.8%11.8%51.5%2.8%7.0%25.5K-1.5M-10.1K0.2683.65N/AN/A3498,2831,891
2025-12-22$17.99$17.5044.3%12.7%46.6%6.5%48.2%4.2%16.3%27.8K-797.5K-9.9K2.1277.39N/AN/A731553,8361,079
2025-12-23$17.63$17.5046.6%13.4%44.7%8.5%46.7%0.3%10.6%19.1K-485.1K-8.9K0.9286.11N/AN/A95873,8261,264
2025-12-24$17.73$17.5045.1%12.9%41.3%7.2%45.4%6.3%14.0%19.4K-538.1K-9.2K0.2292.68N/AN/A74163,8941,345
2025-12-26$17.94$17.5051.7%14.8%41.2%13.0%51.8%4.6%7.3%19.7K-612.5K-9.6K0.5092.00N/AN/A213,9521,361
2025-12-29$17.80$17.5053.2%15.3%41.0%14.4%55.2%4.3%5.7%19.7K-585.4K-9.4K0.3891.59N/AN/A107413,9541,361
2025-12-30$18.06$17.5051.3%14.7%37.0%12.7%52.1%4.6%10.0%22.9K-749.3K-9.7K0.0487.68N/AN/A15764,0091,399
2025-12-31$18.00$15.0052.7%15.1%34.4%14.0%52.8%4.1%8.1%21.9K-960.7K-9.6K0.0494.84N/AN/A20294,1571,404