EWP Options History — December 2022

In December 2022, EWP traded between $23.68 and $24.73. ATM implied volatility averaged 27.8%, placing in the 28.9% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 10.7% (HV 20d: 17.1%). Max pain ranged from $23.00 to $25.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 507.05.

Notable Days

  • 2022-12-22: Highest Volume — 4,548 contracts
  • 2022-12-02: Largest IV drop — 58.4% change
  • 2022-12-01: Highest IV Rank — 90.4%
  • 2022-12-01: Largest Expected Move — 18.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.25$23.68$24.73$24.73$24.23
Max Pain$24.52$23.00$25.00$23.00$25.00
ATM IV27.8%20.3%64.2%64.2%23.4%
Expected Move7.3%5.8%18.4%18.4%6.7%
HV 20d17.1%13.5%22.1%22.1%13.5%
HV 60d27.5%22.1%33.9%33.9%22.1%
IV Rank28.9%16.2%90.4%90.4%21.5%
IV Percentile39.9%9.5%99.6%99.6%15.9%
Term Structure1.8%-2.1%34.4%3.3%0.4%
VWIV34.2%18.4%87.8%31.0%22.4%
Skew 25d5.1%0.8%12.2%9.0%5.2%
Skew 10d8.9%-1.0%21.3%0.5%5.8%
Call IV 25d20.0%16.5%22.8%20.5%19.4%
Put IV 25d25.1%19.7%29.5%29.5%24.6%
Bid-Ask Spread %89.5453.31111.26111.2683.19
Gamma HHI0.370.190.720.350.68
Net GEX-90.7K-260.6K-25.8K-33.0K-260.6K
Net DEX880.3K138.9K3.2M155.6K2.8M
Net VEX-6.1K-20.5K-1.3K-1.9K-19.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio507.050.004547.000.091.10
Total Volume266.23804,548620
Total OI3,4672,1407,0862,1407,086

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-12-01$24.73$23.0064.2%18.4%22.1%90.4%31.0%9.0%3.3%-33.0K155.6K-1.9K0.09111.26N/AN/A5753341,806
2022-12-02$24.66$23.0026.7%7.7%21.0%27.1%0.0%12.2%2.2%-48.4K154.0K-1.5K0.00103.90N/AN/A003711,811
2022-12-05$24.41$24.0028.2%6.7%19.4%29.7%18.4%4.3%-1.1%-52.8K244.7K-1.8K0.0094.41N/AN/A013711,811
2022-12-06$24.37$24.0029.9%7.0%19.5%32.5%41.8%2.0%0.4%-44.8K222.3K-1.5K0.8494.76N/AN/A25213711,812
2022-12-07$24.38$24.0031.5%7.0%19.5%35.1%0.0%3.5%0.4%-50.8K198.8K-1.7K0.0092.60N/AN/A003961,816
2022-12-08$24.30$24.0033.7%7.3%19.4%38.8%0.0%6.9%-1.9%-54.3K237.9K-1.9K0.0090.12N/AN/A013961,980
2022-12-09$24.34$24.0028.1%6.5%16.1%29.3%0.0%4.5%1.5%-44.8K197.9K-1.6K0.00104.08N/AN/A003961,981
2022-12-12$24.41$24.0031.6%7.1%15.4%35.4%25.0%6.5%-1.2%-39.6K138.9K-1.3K0.0098.83N/AN/A033961,981
2022-12-13$24.34$25.0033.4%7.0%15.5%38.3%30.0%3.7%-2.1%-47.4K326.1K-2.2K0.0053.31N/AN/A1403721,987
2022-12-14$24.45$25.0023.2%6.6%15.6%21.1%23.6%3.5%0.1%-25.8K159.4K-1.6K0.0089.24N/AN/A02953851,987
2022-12-15$23.98$25.0024.7%7.1%17.3%23.7%24.2%0.8%34.4%-42.3K355.2K-2.4K0.0099.59N/AN/A0973852,249
2022-12-16$23.73$25.0021.2%6.1%17.4%17.7%28.5%8.1%1.6%-50.6K422.7K-2.4K0.4382.83N/AN/A140603852,343
2022-12-19$23.68$25.0021.6%6.2%17.4%18.5%27.7%5.0%1.2%-56.8K487.8K-2.3K10.0081.90N/AN/A111102502,145
2022-12-20$24.05$25.0020.3%5.8%18.2%16.2%0.0%4.0%3.0%-44.4K310.4K-1.8K0.0065.39N/AN/A102612,131
2022-12-21$24.30$25.0021.1%6.0%16.6%17.6%52.3%1.4%-1.1%-28.4K201.6K-1.5K0.0092.69N/AN/A012622,131
2022-12-22$24.09$25.0025.2%7.2%16.8%24.5%27.0%6.1%-0.3%-39.7K293.5K-1.9K4547.0066.47N/AN/A14,5472622,131
2022-12-23$24.14$25.0023.6%6.8%16.0%21.8%39.4%5.6%-0.0%-211.2K2.7M-19.3K4.00102.19N/AN/A142636,676
2022-12-27$24.18$25.0023.4%6.7%14.2%21.5%87.8%4.3%-0.9%-228.7K3.0M-20.3K0.0090.04N/AN/A01682646,679
2022-12-28$24.02$25.0025.3%7.2%14.4%24.6%0.0%2.9%-2.1%-252.7K3.2M-20.5K0.0096.92N/AN/A072646,805
2022-12-29$24.38$25.0023.6%6.8%13.8%21.8%22.4%7.3%0.3%-248.3K2.7M-19.7K1.1086.64N/AN/A10112646,811
2022-12-30$24.23$25.0023.4%6.7%13.5%21.5%0.0%5.2%0.4%-260.6K2.8M-19.7K0.0083.19N/AN/A002696,817