EWP Options History — October 2022

In October 2022, EWP traded between $19.50 and $22.10. ATM implied volatility averaged 33.2%, placing in the 48.1% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded below realized volatility by 5.5% (HV 20d: 38.7%). Max pain ranged from $22.00 to $25.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 5.14.

Notable Days

  • 2022-10-04: Highest Volume — 3,711 contracts
  • 2022-10-17: Largest IV drop — 10.1% change
  • 2022-10-11: Highest IV Rank — 56.2%
  • 2022-10-03: Largest Expected Move — 10.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.79$19.50$22.10$20.47$21.90
Max Pain$22.43$22.00$25.00$25.00$22.00
ATM IV33.2%28.4%37.0%36.8%29.4%
Expected Move9.4%8.1%10.6%10.6%8.4%
HV 20d38.7%30.7%47.8%45.2%30.7%
HV 60d33.0%32.0%33.5%32.0%33.5%
IV Rank48.1%37.8%56.2%55.9%40.0%
IV Percentile83.6%60.3%94.8%94.8%64.3%
Term Structure-1.0%-2.8%2.1%-2.3%0.3%
VWIV33.4%27.5%36.7%36.4%29.0%
Skew 25d6.7%3.9%8.5%8.3%4.5%
Skew 10d16.4%1.0%28.8%16.2%16.1%
Call IV 25d29.9%25.4%32.1%30.9%27.6%
Put IV 25d36.5%31.7%39.8%39.2%32.1%
Bid-Ask Spread %74.7736.77109.1181.3385.22
Gamma HHI0.440.270.580.490.33
Net GEX-96.0K-149.9K-7.2K-110.2K-12.6K
Net DEX5.2M170.5K9.4M9.4M397.5K
Net VEX-6.1K-8.2K-5.0K-7.1K-6.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.141.4713.102.1413.10
Total Volume1,785.2861,1913,7112,1901,396
Total OI5,780.0952,7307,8407,7903,540

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-10-03$20.47$25.0036.8%10.6%45.2%55.9%36.4%8.3%-2.3%-110.2K9.4M-7.1K2.1481.33N/AN/A6981,4921,5406,250
2022-10-04$21.29$25.0034.4%9.9%47.5%50.8%30.0%7.2%-0.6%-119.9K8.9M-8.2K4.3488.35N/AN/A6953,0161,5416,299
2022-10-05$20.99$25.0033.5%9.6%47.0%48.6%34.7%6.0%-1.9%-118.3K7.5M-7.8K1.9482.86N/AN/A6951,3451,5395,526
2022-10-06$20.42$22.0035.2%9.9%47.8%52.4%34.7%8.5%-2.2%-129.6K7.6M-7.5K1.8363.84N/AN/A6951,2741,5395,460
2022-10-07$20.08$22.0035.0%9.6%46.5%51.9%34.4%7.8%-2.0%-133.9K7.5M-6.9K1.5648.77N/AN/A6951,0811,5395,332
2022-10-10$20.01$22.0036.1%9.9%45.3%54.2%35.9%8.0%-2.7%-135.2K7.5M-6.5K1.4746.83N/AN/A6951,0241,5395,311
2022-10-11$19.69$22.0037.0%9.7%43.9%56.2%36.7%8.2%-2.8%-135.6K7.3M-6.2K1.6836.77N/AN/A6951,1711,5385,105
2022-10-12$19.50$22.0036.7%10.5%36.6%55.5%36.6%6.8%-2.1%-139.1K7.3M-6.1K1.6689.29N/AN/A6951,1511,5385,087
2022-10-13$20.09$22.0033.8%9.7%39.1%49.4%35.2%8.5%-2.3%-142.3K6.9M-6.1K1.5759.14N/AN/A6951,0911,5395,015
2022-10-14$19.86$22.0034.4%9.9%34.7%50.8%36.2%7.1%-2.7%-149.9K7.1M-6.0K1.6178.46N/AN/A6951,1211,5405,077
2022-10-17$20.61$22.0031.0%8.9%37.8%43.4%34.4%8.2%-1.0%-135.7K6.4M-6.0K1.7346.43N/AN/A6961,2011,5405,016
2022-10-18$20.87$22.0032.8%9.4%37.6%47.3%30.8%6.7%-1.7%-127.6K6.1M-6.1K1.6956.49N/AN/A6971,1771,5425,049
2022-10-19$20.50$22.0034.3%9.8%37.4%50.5%29.7%8.2%-1.8%-142.0K6.2M-5.6K1.6349.22N/AN/A6971,1361,5435,005
2022-10-20$20.61$22.0031.4%9.0%37.4%44.4%31.7%5.1%1.5%-124.1K6.0M-5.5K1.58109.11N/AN/A6971,0991,5434,924
2022-10-21$20.86$22.0031.8%9.1%34.4%45.1%34.7%5.4%-0.0%-82.6K5.7M-5.3K13.0282.50N/AN/A1011,3151,5444,892
2022-10-24$21.15$22.0033.1%9.5%33.7%48.0%36.2%4.4%0.4%-30.6K702.8K-5.2K10.45106.52N/AN/A1041,0876582,072
2022-10-25$21.64$22.0030.7%8.8%33.5%42.8%34.4%5.7%-1.3%-15.0K354.7K-5.1K8.96101.27N/AN/A1241,1117102,293
2022-10-26$21.97$22.0031.2%9.0%32.8%43.9%33.7%5.3%0.6%-7.2K170.5K-5.0K10.2383.72N/AN/A1241,2697302,320
2022-10-27$21.89$22.0030.1%8.6%32.0%41.6%29.0%3.9%0.4%-15.6K297.0K-5.5K12.5984.28N/AN/A991,2467302,532
2022-10-28$22.10$22.0028.4%8.1%31.8%37.8%27.5%6.3%2.1%-9.0K200.3K-5.5K13.1089.81N/AN/A991,2977342,611
2022-10-31$21.90$22.0029.4%8.4%30.7%40.0%29.0%4.5%0.3%-12.6K397.5K-6.0K13.1085.22N/AN/A991,2977342,806