EWP Options History — June 2022

In June 2022, EWP traded between $22.76 and $26.33. ATM implied volatility averaged 26.0%, placing in the 33.3% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded below realized volatility by 1.7% (HV 20d: 27.7%). Max pain ranged from $25.00 to $27.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 5.26.

Notable Days

  • 2022-06-01: Highest Volume — 9,475 contracts
  • 2022-06-02: Largest IV drop — 15.9% change
  • 2022-06-16: Highest IV Rank — 42.5%
  • 2022-06-16: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.23$22.76$26.33$25.90$23.26
Max Pain$25.86$25.00$27.00$26.00$26.00
ATM IV26.0%20.8%30.6%24.7%29.5%
Expected Move7.4%5.8%8.8%7.1%8.5%
HV 20d27.7%19.8%31.4%26.8%28.3%
HV 60d25.3%22.7%26.8%26.7%25.3%
IV Rank33.3%23.1%42.5%32.4%40.3%
IV Percentile72.5%54.4%89.3%67.1%85.7%
Term Structure0.2%-2.5%2.8%-1.7%-1.1%
VWIV26.6%16.2%32.1%26.6%31.9%
Skew 25d6.8%3.7%10.0%10.0%8.6%
Skew 10d15.0%-2.7%28.1%28.1%16.2%
Call IV 25d22.6%18.3%26.2%18.4%23.3%
Put IV 25d29.4%23.5%34.3%28.3%31.8%
Bid-Ask Spread %74.4429.5099.1494.9229.50
Gamma HHI0.600.540.700.550.54
Net GEX-651.2K-880.5K-158.6K-158.6K-572.8K
Net DEX12.2M1.5M18.2M1.5M13.0M
Net VEX-52.3K-73.9K-10.2K-10.2K-42.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.260.9138.6438.640.91
Total Volume1,519.4295599,4759,475559
Total OI10,510.2862,59913,2872,5999,574

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-06-01$25.90$26.0024.7%7.1%26.8%32.4%26.6%10.0%-1.7%-158.6K1.5M-10.2K38.6494.92N/AN/A2399,2361762,423
2022-06-02$26.11$25.0020.8%6.0%26.2%24.3%18.0%7.0%1.3%-728.2K8.7M-53.9K8.5599.14N/AN/A2582,2072569,869
2022-06-03$25.90$25.0022.4%5.8%22.3%27.6%21.2%7.1%2.1%-852.6K11.1M-68.2K4.8183.39N/AN/A20498237612,078
2022-06-06$26.12$25.0022.2%5.8%22.2%27.3%16.7%4.5%1.8%-848.1K10.4M-67.3K3.3781.61N/AN/A22676143012,219
2022-06-07$26.33$25.0021.5%5.9%19.8%23.1%18.0%4.7%2.4%-880.5K10.0M-67.6K2.8273.48N/AN/A21761351412,512
2022-06-08$26.02$25.0021.6%6.2%20.7%23.2%16.2%5.3%2.8%-849.9K11.0M-70.8K4.2779.58N/AN/A15566250812,623
2022-06-09$24.91$27.0024.3%7.0%26.8%29.2%26.9%6.5%1.1%-837.3K13.4M-73.9K4.1760.83N/AN/A14761348712,710
2022-06-10$23.96$27.0026.6%7.6%29.8%33.9%25.0%7.8%0.5%-817.8K16.4M-72.1K3.8361.26N/AN/A16864449112,796
2022-06-13$23.15$26.0030.1%8.6%31.0%41.5%29.0%9.4%-2.5%-768.9K18.2M-63.3K10.6781.23N/AN/A2122,26350412,476
2022-06-14$22.76$26.0028.0%8.0%31.3%36.9%28.6%7.8%-0.9%-600.2K16.3M-50.0K4.5844.70N/AN/A3271,49750610,572
2022-06-15$23.33$26.0027.9%8.0%31.4%36.7%29.4%7.1%-0.9%-595.1K13.7M-48.8K3.6991.02N/AN/A2881,0626569,605
2022-06-16$23.22$26.0030.6%8.8%31.2%42.5%32.1%9.2%-1.0%-556.3K13.4M-46.8K2.8080.73N/AN/A2837936579,287
2022-06-17$23.27$26.0029.9%8.6%30.7%41.0%30.0%7.0%-0.6%-552.2K13.1M-46.4K3.1081.28N/AN/A2838766549,233
2022-06-21$23.50$26.0028.7%8.2%30.9%38.4%29.7%7.5%-1.4%-590.6K12.5M-47.2K2.7988.05N/AN/A2878016309,019
2022-06-22$23.32$26.0027.9%8.0%29.3%36.8%29.5%5.0%-0.6%-570.8K12.8M-44.6K2.7182.29N/AN/A2877786408,912
2022-06-23$23.32$26.0028.1%8.1%28.2%37.3%31.1%7.4%-0.1%-556.4K12.8M-43.9K2.1464.90N/AN/A2876156408,899
2022-06-24$23.76$26.0024.8%7.1%29.2%30.1%30.1%6.8%1.1%-590.7K11.6M-47.0K2.1368.56N/AN/A2876106408,832
2022-06-27$23.74$26.0024.2%6.9%28.6%28.9%28.6%5.5%0.6%-592.1K11.7M-46.3K1.3370.10N/AN/A2873836408,840
2022-06-28$23.67$26.0026.1%7.5%28.4%32.9%29.0%4.8%-0.5%-577.7K11.6M-44.9K1.5773.71N/AN/A2874506408,810
2022-06-29$23.37$26.0027.2%7.8%28.5%35.2%30.3%3.7%1.1%-578.1K12.4M-42.4K1.5472.93N/AN/A3054696408,742
2022-06-30$23.26$26.0029.5%8.5%28.3%40.3%31.9%8.6%-1.1%-572.8K13.0M-42.7K0.9129.50N/AN/A2932666588,916