EWP Options History — June 2019

In June 2019, EWP traded between $28.30 and $29.43. ATM implied volatility averaged 18.6%, placing in the 9.9% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded above realized volatility by 3.5% (HV 20d: 15.1%). Max pain ranged from $28.00 to $30.00. Net GEX was positive for 2 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 13.05.

Notable Days

  • 2019-06-20: Highest Volume — 210 contracts
  • 2019-06-04: Largest IV drop — 25.5% change
  • 2019-06-03: Highest IV Rank — 18.6%
  • 2019-06-03: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.92$28.30$29.43$28.30$28.88
Max Pain$29.40$28.00$30.00$28.00$29.00
ATM IV18.6%15.2%25.2%25.2%15.7%
Expected Move5.1%4.4%7.2%7.2%4.5%
HV 20d15.1%12.8%16.7%15.4%12.8%
HV 60d14.5%13.3%15.3%14.9%13.3%
IV Rank9.9%5.4%18.6%18.6%6.0%
IV Percentile48.8%17.1%90.9%90.9%24.2%
Term Structure0.1%-5.6%1.9%-5.6%0.3%
VWIV18.3%11.7%32.2%32.2%16.5%
Skew 25d5.3%1.9%21.0%3.5%3.9%
Skew 10d4.9%-1.4%43.8%8.1%-1.0%
Call IV 25d15.4%10.6%17.4%16.3%14.2%
Put IV 25d20.7%17.4%38.0%19.9%18.2%
Bid-Ask Spread %91.5854.91137.81104.0763.43
Gamma HHI0.270.180.530.360.53
Net GEX-5.6K-12.7K24.8K-11.2K24.8K
Net DEX278.4K73.7K364.9K349.8K73.7K
Net VEX-1.6K-2.1K-1.3K-1.3K-2.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio13.050.0060.500.000.08
Total Volume85.5502102153
Total OI528.05484654484654

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-06-03$28.30$28.0025.2%7.2%15.4%18.6%32.2%3.5%-5.6%-11.2K349.8K-1.3K0.00104.07N/AN/A20103381
2019-06-04$28.79$28.0018.7%5.4%16.7%10.1%26.3%7.3%-1.8%-10.1K299.6K-1.4K1.0084.51N/AN/A22103381
2019-06-05$28.74$28.0017.9%5.1%15.1%9.0%27.2%10.5%-1.1%-10.5K299.7K-1.4K1.0092.36N/AN/A22103382
2019-06-06$28.99$30.0020.8%5.5%15.3%12.8%0.0%3.8%0.1%-9.6K280.2K-1.5K1.0091.33N/AN/A22103382
2019-06-07$29.30$30.0021.9%5.2%15.6%14.3%0.0%3.2%0.8%-7.8K219.8K-1.3K0.2299.43N/AN/A92103382
2019-06-10$29.36$30.0022.4%5.2%15.5%14.9%0.0%3.4%0.3%-5.3K204.7K-1.3K0.0087.61N/AN/A0121110382
2019-06-11$29.43$30.0022.0%5.3%14.0%14.4%0.0%4.3%0.4%-10.4K258.2K-1.7K60.50101.64N/AN/A2121110443
2019-06-12$29.18$30.0019.1%5.5%14.4%10.5%0.0%3.1%-0.4%-9.8K287.6K-1.7K60.50107.10N/AN/A2121108443
2019-06-13$29.12$30.0017.9%5.1%14.3%9.0%0.0%3.9%0.7%-9.5K306.6K-1.7K60.5097.29N/AN/A2121108443
2019-06-14$28.88$30.0017.6%5.0%14.2%8.6%0.0%4.2%0.6%-12.7K363.0K-1.7K3.56104.41N/AN/A34121108443
2019-06-17$28.35$30.0018.7%5.4%15.6%10.0%0.0%6.7%0.2%-3.7K364.9K-1.7K0.0099.76N/AN/A00103443
2019-06-18$28.68$30.0017.5%5.0%16.1%8.5%13.3%2.9%0.5%-6.2K326.1K-1.6K0.00102.23N/AN/A0150103442
2019-06-19$28.79$30.0018.9%5.4%16.1%10.3%21.7%21.0%0.7%-11.2K319.0K-1.7K0.00137.81N/AN/A0150103436
2019-06-20$28.93$30.0015.3%4.4%16.1%5.5%16.0%6.7%1.9%-2.1K277.1K-1.5K2.50105.66N/AN/A60150103436
2019-06-21$29.05$29.0016.0%4.6%15.6%6.4%13.3%2.0%1.9%6.3K193.4K-1.6K2.50101.50N/AN/A60150133436
2019-06-24$29.04$29.0017.7%5.1%14.9%8.7%13.0%1.9%-0.2%-7.0K273.6K-1.6K5.0065.74N/AN/A1593417
2019-06-25$28.84$29.0017.1%4.9%14.8%7.9%14.1%4.4%0.5%-5.7K282.3K-1.5K7.0054.91N/AN/A1794417
2019-06-26$28.85$29.0016.3%4.7%14.5%6.8%11.7%3.2%1.2%-5.4K291.7K-1.6K3.5062.97N/AN/A2794419
2019-06-27$28.80$29.0015.2%4.4%14.3%5.4%14.9%6.5%0.8%-4.2K296.5K-1.5K0.0267.83N/AN/A142395419
2019-06-28$28.88$29.0015.7%4.5%12.8%6.0%16.5%3.9%0.3%24.8K73.7K-2.1K0.0863.43N/AN/A14211235419