EWP Options History — October 2018

In October 2018, EWP traded between $27.14 and $29.61. ATM implied volatility averaged 21.9%, placing in the 20.4% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 3.9% (HV 20d: 17.9%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 2.16.

Notable Days

  • 2018-10-23: Highest Volume — 3,890 contracts
  • 2018-10-18: Largest IV spike — 14.5% change
  • 2018-10-29: Highest IV Rank — 34.2%
  • 2018-10-29: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.40$27.14$29.61$29.61$27.72
Max Pain$27.09$25.00$30.00$28.00$27.00
ATM IV21.9%16.6%29.3%16.6%23.2%
Expected Move6.2%4.8%8.4%4.8%6.6%
HV 20d17.9%15.6%20.8%17.4%20.3%
HV 60d17.1%15.7%18.8%16.2%18.7%
IV Rank20.4%10.6%34.2%10.6%22.8%
IV Percentile86.3%59.1%97.6%59.1%92.5%
Term Structure0.5%-3.1%34.3%-0.7%0.4%
VWIV19.9%15.3%27.6%15.3%19.4%
Skew 25d4.7%1.6%10.1%4.8%8.9%
Skew 10d10.2%2.4%22.4%11.7%13.7%
Call IV 25d19.7%13.4%25.5%13.4%19.0%
Put IV 25d24.4%18.1%35.5%18.1%27.9%
Bid-Ask Spread %59.6713.40102.8013.40102.80
Gamma HHI0.240.160.350.350.16
Net GEX-147.1K-173.6K-100.6K-172.1K-152.6K
Net DEX3.1M2.2M4.0M2.2M3.7M
Net VEX-11.5K-14.3K-8.2K-9.6K-13.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.161.183.372.063.28
Total Volume2,320.9571,0623,8901,0623,856
Total OI3,730.6092,9874,5493,0454,549

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-10-01$29.61$28.0016.6%4.8%17.4%10.6%15.3%4.8%-0.7%-172.1K2.2M-9.6K2.0613.40N/AN/A3477156952,350
2018-10-02$29.30$28.0018.0%5.2%17.8%13.1%17.4%3.0%-0.3%-169.2K2.4M-9.6K2.0613.79N/AN/A3477157072,355
2018-10-03$29.42$28.0017.8%5.1%17.9%12.8%16.3%3.6%-0.7%-173.6K2.3M-9.4K2.0648.62N/AN/A3477167072,355
2018-10-04$29.30$30.0018.7%5.3%17.6%14.5%16.6%3.9%-0.6%-170.5K2.4M-9.4K2.0117.44N/AN/A3577177072,356
2018-10-05$29.13$30.0020.1%5.5%16.9%17.0%17.0%4.8%-0.6%-159.7K2.5M-9.3K2.0441.10N/AN/A3577277172,357
2018-10-08$29.19$30.0021.4%5.6%15.6%19.5%18.8%4.7%-0.8%-162.1K2.5M-9.1K2.0526.09N/AN/A3557287172,367
2018-10-09$29.24$30.0020.9%5.5%15.7%18.6%18.1%4.7%-0.4%-169.3K2.5M-9.0K2.0821.95N/AN/A3557377182,368
2018-10-10$28.84$30.0021.0%6.0%16.4%18.8%19.1%3.7%-2.9%-162.1K2.8M-9.0K1.9933.09N/AN/A3707376552,367
2018-10-11$28.61$25.0020.0%5.7%15.9%16.9%19.5%3.0%-1.1%-154.7K3.0M-8.7K2.2672.76N/AN/A3648236682,367
2018-10-12$28.24$25.0022.1%6.3%16.4%20.9%18.9%5.4%-2.2%-142.9K3.1M-8.2K1.1871.20N/AN/A1,1321,3396712,316
2018-10-15$28.46$25.0022.0%6.3%16.4%20.7%18.2%4.3%-2.4%-132.2K3.1M-13.4K1.1818.21N/AN/A1,1321,3391,4492,811
2018-10-16$28.92$25.0019.3%5.5%17.3%15.5%16.9%3.9%-0.7%-119.2K2.7M-14.1K1.1819.82N/AN/A1,1321,3371,4492,812
2018-10-17$28.53$25.0019.4%5.6%17.5%15.9%17.9%6.5%-2.1%-124.5K2.9M-13.1K1.1854.77N/AN/A1,1321,3371,4492,772
2018-10-18$27.73$25.0022.3%6.4%16.3%21.1%19.3%8.2%-3.1%-143.8K3.3M-12.7K1.1974.50N/AN/A1,1301,3401,4492,771
2018-10-19$28.26$25.0023.1%6.6%18.4%22.8%19.5%3.2%-2.1%-101.0K3.1M-12.9K1.1883.29N/AN/A1,1411,3431,4492,773
2018-10-22$27.82$25.0022.1%6.3%18.8%20.8%23.2%3.4%-0.4%-100.6K3.2M-12.2K1.1880.99N/AN/A8911,0551,1292,274
2018-10-23$27.83$27.0022.3%6.4%18.8%21.2%24.6%3.6%34.3%-115.5K3.5M-11.9K3.3792.04N/AN/A8912,9991,1292,371
2018-10-24$27.14$27.0025.0%7.2%20.1%26.2%22.7%1.6%0.6%-157.2K3.9M-13.4K3.26100.12N/AN/A8902,9011,1293,371
2018-10-25$27.44$27.0025.9%7.4%20.8%28.0%27.6%4.8%-0.8%-148.9K4.0M-13.9K3.2196.27N/AN/A9072,9151,1383,369
2018-10-26$27.42$27.0026.7%7.7%19.9%29.5%26.0%3.7%-1.5%-147.7K4.0M-14.3K3.2496.21N/AN/A8982,9111,1633,383
2018-10-29$27.35$27.0029.3%8.4%19.8%34.2%26.4%10.1%1.7%-155.3K3.8M-13.2K3.24101.60N/AN/A8992,9121,1643,383
2018-10-30$27.64$27.0025.4%7.3%20.3%27.0%20.1%4.2%-1.8%-149.6K3.8M-13.7K3.2392.41N/AN/A9002,9091,1643,384
2018-10-31$27.72$27.0023.2%6.6%20.3%22.8%19.4%8.9%0.4%-152.6K3.7M-13.7K3.28102.80N/AN/A9002,9561,1663,383