EWP Options History — June 2024

In June 2024, EWP traded between $31.20 and $33.78. ATM implied volatility averaged 13.9%, placing in the 21.4% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded below realized volatility by 3.9% (HV 20d: 17.8%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 0.71.

Notable Days

  • 2024-06-11: Highest Volume — 88 contracts
  • 2024-06-28: Largest IV spike — 69.7% change
  • 2024-06-28: Highest IV Rank — 60.6%
  • 2024-06-28: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.19$31.20$33.78$33.78$31.20
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV13.9%11.2%19.2%14.7%19.2%
Expected Move3.9%2.9%5.5%4.2%5.5%
HV 20d17.8%14.4%20.4%14.4%18.5%
HV 60d16.5%15.2%17.5%15.3%17.4%
IV Rank21.4%0.7%60.6%27.1%60.6%
IV Percentile17.6%0.4%75.0%17.1%75.0%
Term Structure13.6%-2.5%37.4%1.0%3.7%
VWIV18.6%10.0%58.4%17.7%19.1%
Skew 25d4.4%-0.4%34.4%1.6%7.0%
Skew 10d8.9%-8.6%59.8%59.8%8.1%
Call IV 25d12.2%8.8%17.3%13.6%17.3%
Put IV 25d16.6%10.5%48.1%15.2%24.4%
Bid-Ask Spread %121.19107.78128.84124.83107.78
Gamma HHI0.390.260.540.540.28
Net GEX50.1K14.5K95.9K56.6K14.5K
Net DEX-270.0K-578.6K-33.2K-505.2K-37.5K
Net VEX-1.7K-2.4K-1.1K-1.5K-1.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.007.750.000.61
Total Volume19.2110884829
Total OI801.737722871722812

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-06-03$33.78$30.0014.7%4.2%14.4%27.1%0.0%1.6%1.0%56.6K-505.2K-1.5K0.00124.83N/AN/A480255467
2024-06-04$33.39$30.0017.2%4.9%15.1%45.9%17.7%34.4%-1.0%60.8K-399.2K-2.3K0.00126.50N/AN/A80292467
2024-06-05$33.48$30.0011.2%3.2%14.8%0.7%0.0%-0.4%-0.1%95.9K-512.1K-1.5K0.00128.84N/AN/A80292467
2024-06-06$33.70$30.0013.0%3.2%14.8%14.2%58.4%1.2%5.4%85.6K-578.6K-1.1K0.00125.14N/AN/A10292467
2024-06-07$33.30$30.0013.6%3.0%15.3%18.7%0.0%1.4%16.5%82.1K-458.4K-1.4K0.00128.71N/AN/A00293467
2024-06-10$33.11$30.0012.4%2.9%15.4%9.6%10.0%1.6%20.3%94.8K-366.7K-1.8K0.00123.79N/AN/A350293467
2024-06-11$32.09$30.0016.1%4.3%19.1%37.7%15.1%0.3%25.7%32.5K-195.6K-1.8K0.00121.89N/AN/A880294467
2024-06-12$32.27$30.0014.1%4.0%18.5%22.4%17.2%1.2%18.4%63.7K-372.4K-2.4K0.00122.62N/AN/A310383467
2024-06-13$31.66$30.0013.4%3.8%18.2%17.1%11.8%0.7%26.0%51.3K-129.1K-2.2K0.00122.37N/AN/A90366467
2024-06-14$31.23$30.0012.5%3.6%18.5%10.4%15.2%-0.0%19.0%34.6K-119.1K-2.1K0.71119.46N/AN/A75366467
2024-06-17$31.34$30.0016.1%4.6%18.4%37.2%18.4%1.1%12.9%39.6K-243.5K-1.5K0.00120.63N/AN/A100389472
2024-06-18$31.62$30.0014.8%4.2%18.9%27.3%19.0%0.8%32.9%41.7K-259.0K-1.9K0.00115.76N/AN/A10399472
2024-06-20$31.76$30.0011.4%3.3%18.9%2.4%20.0%6.6%36.9%53.4K-229.9K-2.1K0.00122.69N/AN/A190398472
2024-06-21$31.34$30.0014.2%4.1%19.2%23.0%14.3%10.4%37.4%35.4K-187.4K-2.0K7.75115.72N/AN/A431380472
2024-06-24$31.89$30.0013.4%3.9%20.4%17.5%0.0%2.5%-1.8%40.1K-153.0K-1.7K0.00122.85N/AN/A20303487
2024-06-25$31.77$30.0013.7%3.9%20.2%19.7%0.0%2.8%-2.5%28.7K-171.6K-1.1K0.00121.56N/AN/A06305487
2024-06-26$31.36$30.0012.8%3.7%20.4%13.0%11.6%1.6%-1.7%16.1K-33.2K-1.3K0.00119.95N/AN/A30305488
2024-06-27$31.24$30.0011.3%3.2%19.8%1.6%12.7%9.5%10.0%24.4K-179.0K-1.6K3.00111.59N/AN/A515308488
2024-06-28$31.20$30.0019.2%5.5%18.5%60.6%19.1%7.0%3.7%14.5K-37.5K-1.7K0.61107.78N/AN/A1811322490