WIW Western Asset Inflation-Linked Opportunities & Income Fund

XNYS
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Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

WIW — —
Key stats
About
Exchange
XNYS
Market Cap
$0.5B
List Date
2004-02-25
CIK
0001267902
Homepage
https://www.franklintempleton.com

Western Asset Inflation-Linked Opportunities and Income Fund is a diversified, closed-end management investment company. The fund's primary investment objective is to provide current income. Capital appreciation, when consistent with current income, is a secondary investment objective. The fund operates as a single operating segment, which is an investment portfolio.

Fund profile
Taxable Bond TIPS Franklin Templeton
Expense ratio
—
Assets
$486M
shares × price, Oct 21, 2026
Trailing yield
—
Average daily volume
$3.1M
30 sessions
Holdings
—
Listed
Feb 25, 2004
NYSE
FrenzyCap ETF score
55
how it is built
Costn/a
Liquidity50
Scale62
Diversificationn/a

Moves with. US large-cap stocks (13% of its variance, beta 0.19); Long Treasuries (6% of its variance, beta 0.10); Small caps over large (3% of its variance, beta 0.08). These factors explain 27% of its daily moves over the last year, so most of what drives this fund is something else.

Overlap toolAll TIPS ETFs

Similar funds
FundOverlapFeeAssets1Y
VTIPVanguard Short-Term Inflation-Protected Securities Index Fund—0.03%$20.6B−3.0%compare
STIPiShares 0-5 Year TIPS Bond ETF—0.03%$16.7B−2.8%compare
SCHPSchwab U.S. TIPS ETF—0.03%$16.3B−5.9%compare
TIPiShares TIPS Bond ETF—0.18%$14.5B−5.6%compare
TDTTNorthern Trust iBoxx 3-Year Target Duration TIPS ETF—0.18%$2.6B−3.8%compare

The largest other funds in the TIPS category.

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan0.65%-8.44%5.59%0.35%3.62%0.35%0.35%
Feb-1.37%-0.64%-5.01%-3.03%1.39%1.28%-1.23%
Mar-1.14%-2.12%0.55%1.29%0.80%-2.76%-0.56%
Apr2.29%-7.31%-0.43%-1.64%-1.59%0.71%-1.33%
May3.92%3.60%-2.29%2.02%-0.58%-0.58%1.01%
Jun0.46%-5.48%-1.56%-1.62%2.70%-1.64%-1.19%
Jul2.76%3.14%0.22%0.71%-0.11%-1.31%0.90%
Aug-0.60%-5.61%-2.02%0.58%2.29%0.12%-0.87%
Sep-0.15%-11.17%-5.29%2.67%-0.22%-5.07%-3.21%
Oct2.48%0.33%-0.12%-1.02%-1.12%0.13%*0.11%
Nov-0.88%2.69%2.28%-0.69%0.11%--0.70%
Dec1.80%-6.07%0.93%-4.83%-1.72%---1.98%
Total10.53%-32.36%-7.38%-5.33%5.54%-8.59%-6.26%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $7.92
SMA 50: $8.12
SMA 200: $8.41
Current: $7.97
EMA 12: $7.93
EMA 26: $7.98
MACD: -0.0470 | Signal: 0.0195
BEARISH
ADX (14): 40.82
STRONG TREND
+DI: 12.70
−DI: 16.90

Momentum Oscillators

RSI (14): 48.17
NEUTRAL
Stoch %K: 74.35
Stoch %D: 62.27
Williams %R: -3.45

Volume & Volatility

BB Upper: $7.99
BB Lower: $7.85
NEUTRAL
OBV: -3,422,783
Vol SMA 20: 330,344
Vol ROC: -95.19%
ATR: $0.07
True Range: $0.03
HV 20: 9.1%
HV 30: 9.8%
HV 60: 7.5%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

LLM Stock Analysis Report: WIW

Executive Summary

BULLISH/BEARISH/NEUTRAL: NEUTRAL (Confidence Level: 6)

Key Drivers and Primary Risks:

  • Trend direction: Range-bound with potential for short-term upside
  • Technical support levels: SMA 20, EMA 12
  • Risk factors: Low volatility, but may be a sign of underlying strength

Investment Thesis: WIW appears to be in a holding pattern, but its low volatility and positive sentiment from recent news headlines suggest that it could break out to the upside. However, without any significant catalysts or market-moving events, the stock's potential is limited.

Recent News Sentiment Impact: The recent news headlines are neutral, indicating no clear bullish or bearish bias. This lack of directional sentiment allows WIW's price action to dictate the narrative.

Technical Analysis

Trend Direction:

  • Short-term (1-4 weeks): Range-bound with potential for short-term upside
  • Medium-term (1-3 months): Consolidation within a trading range
  • Long-term (3-12 months): Uptrend from SMA 200 and EMA 26

Support/Resistance Levels:

  • Lower Bollinger Band: $8.32 (support)
  • Middle Bollinger Band: $8.38 (resistance)
  • Upper Bollinger Band: $8.43 (resistance)

Momentum Signals:

  • RSI: Neutral (48.52), not oversold or overbought
  • MACD: Bearish (Histogram: -0.02), but trending upward
  • Bollinger Bands: Squeeze, indicating potential for breakout

Volume Analysis:

  • Volume SMA 20: Declining (-1.63%), suggesting institutional selling
  • On-Balance Volume (OBV): Positive (3145490.36), indicating buying pressure

News & Sentiment Analysis

Recent Headlines Summary: Neutral news headlines suggest no clear bias.

Sentiment Assessment: Neutral, with no dominant sentiment trend.

Catalyst Identification: No immediate catalysts or market-moving events.

Market Narrative: The lack of directional sentiment from recent news headlines allows WIW's price action to dictate the narrative.

Risk & Volatility Assessment

Beta Interpretation: Low volatility - stock moves less than market (beta: 0.20).

Volatility Regime: Consolidation within a trading range, indicating low volatility.

Options Market Signals: No options data available.

Downside Protection: Support levels: SMA 20, EMA 12

Market Context & Positioning

Sector Performance: WIW's performance is in line with the broader market (no clear sector leadership).

Institutional Activity: Institutional selling, as indicated by declining volume and OBV.

Correlation Analysis: WIW moves less than the market (beta: 0.20), indicating low correlation.

Relative Valuation: Position within a trading range, suggesting no clear value or growth narrative.

Key Levels & Action Items

Critical Price Levels:

  • Lower Bollinger Band: $8.32 (support)
  • Middle Bollinger Band: $8.38 (resistance)
  • Upper Bollinger Band: $8.43 (resistance)

Breakout/Breakdown Levels: No clear levels for a breakout or breakdown.

Time-Sensitive Catalysts: No immediate catalysts or market-moving events.

Risk Management: Monitor SMA 20 and EMA 12 as support levels, and consider stop-loss levels at the Lower Bollinger Band.

Generated
News
All WIW news →

WIW Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 0.1992
Alpha: -14.21%
Correlation: 0.3641
R-Squared: 13.3%
Stock Volatility: 7.0%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own WIW
2 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Citadel Hedge fund
Ken Griffin
$234K
0.00%
#5331 of 6285+170.1%13F
Rockefeller Capital Management Family office
Rockefeller family
$5K
0.00%
#4222 of 47290.0%13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

WIW Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

100 filers23,104,661 shares$194.03M value
# Filer Shares Value % of Total % of Float Period
1 Morgan Stanley Custodian 7,634,301 $64.13M 33.05% — 2026-06-30
2 Allspring Global Investments Holdings, LLC 1,075,268 $9.03M 4.66% — 2026-06-30
3 PenderFund Capital Management Ltd. 998,747 $8.39M 4.32% — 2026-06-30
4 Invesco Ltd. Custodian 903,565 $7.59M 3.91% — 2026-06-30
5 RIVERNORTH CAPITAL MANAGEMENT, LLC 875,999 $7.36M 3.79% — 2026-06-30
6 Bank of America Corp Custodian 793,312 $6.66M 3.43% — 2026-06-30
7 GUGGENHEIM CAPITAL LLC 775,910 $6.52M 3.36% — 2026-06-30
8 Saba Capital Management, L.P. 753,909 $6.33M 3.26% — 2026-06-30
9 1607 Capital Partners, LLC 708,052 $5.95M 3.07% — 2026-06-30
10 Baird Financial Group, Inc. 576,774 $4.84M 2.50% — 2026-06-30
11 LPL Financial LLC Custodian 566,854 $4.76M 2.45% — 2026-06-30
12 HighTower Advisors, LLC 491,394 $4.13M 2.13% — 2026-06-30
13 CAPSTONE INVESTMENT ADVISORS, LLC 462,748 $3.89M 2.00% — 2026-06-30
14 Atlas Wealth LLC 415,617 $3.49M 1.80% — 2026-06-30
15 GatePass Capital, LLC 381,650 $3.21M 1.65% — 2026-06-30
16 First Trust Advisors LP 375,031 $3.15M 1.62% — 2026-06-30
17 Waterloo Capital, L.P. 361,156 $3.03M 1.56% — 2026-06-30
18 OSAIC HOLDINGS, INC. Custodian 287,983 $2.42M 1.25% — 2026-06-30
19 Raymond James Financial, Inc. Custodian 287,724 $2.42M 1.25% — 2026-06-30
20 RIVERBRIDGE PARTNERS LLC 252,005 $2.12M 1.09% — 2026-06-30
21 Stifel Financial Corp Custodian 243,461 $2.05M 1.05% — 2026-06-30
22 Matisse Capital 230,000 $1.93M 1.00% — 2026-06-30
23 TrueMark Investments, LLC 204,141 $1.71M 0.88% — 2026-06-30
24 Advisors Asset Management, Inc. 195,523 $1.64M 0.85% — 2026-06-30
25 Atala Financial Inc 192,584 $1.62M 0.83% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period

WIW Insider Trading (Form 4)

Latest: 2023-09-28
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2023-09-28 Michael Larson Director Buy (P) +5,000 $8.30 $41.5K EDGAR
2022-07-19 Michael Larson Director Buy (P) +5,000 $10.16 $50.8K EDGAR
2022-06-01 William H Gates III 10%+ Owner Buy (P) +376,270 $11.21 $4.22M EDGAR
2022-05-27 William H Gates III 10%+ Owner Buy (P) +221,248 $11.00 $2.43M EDGAR
2022-05-25 CASCADE INVESTMENT, L.L.C. 10%+ Owner Buy (P) +113,424 $10.71 $1.21M EDGAR
2022-05-23 William H Gates III 10%+ Owner Buy (P) +186,684 $10.58 $1.97M EDGAR
2022-05-20 William H Gates III 10%+ Owner Buy (P) +102,374 $10.58 $1.08M EDGAR
2019-04-01 Ronald E Toupin Jr Director Buy (P) +250 $11.09 $2.8K EDGAR
2018-10-09 Ronald E Toupin Jr Director Buy (P) +150 $11.15 $1.7K EDGAR
2018-04-02 Ronald E Toupin Jr Director Buy (P) +150 $11.35 $1.7K EDGAR
2016-09-30 Ronald E Toupin Jr Director Buy (P) +250 $11.20 $2.8K EDGAR
2016-01-11 Ronald E Toupin Jr Director Buy (P) +175 $10.35 $1.8K EDGAR
2015-12-17 Ronald E Toupin Jr Director Buy (P) +100 $10.24 $1.0K EDGAR
2015-10-13 Ronald E Toupin Jr Director Buy (P) +100 $10.45 $1.0K EDGAR
2015-04-08 William H Gates III 10%+ Owner Buy (P) +46,600 $11.44 $533.1K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
ETF Holders
4 ETFs hold WIW
4 shown · $11.20M total exposure · 2.52% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 PCEF Invesco CEF Income Composite ETF Invesco 0.83% $6.3M — 2026-10-20
2 FCEF First Trust Income Opportunities ETF First Trust 2.52% $2.0M $79.6M 2026-10-20
3 CEFZ RiverNorth Active Income ETF Nport 4.32% $1.7M — 2026-06-30
4 CEFS Saba Closed-End Funds ETF Nport 0.28% $1.2M — 2026-05-31
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.