EWP Options History — August 2024

In August 2024, EWP traded between $30.77 and $33.95. ATM implied volatility averaged 14.6%, placing in the 32.2% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded below realized volatility by 3.0% (HV 20d: 17.6%). Max pain ranged from $25.00 to $31.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.14.

Notable Days

  • 2024-08-08: Highest Volume — 51 contracts
  • 2024-08-13: Largest IV drop — 53.1% change
  • 2024-08-12: Highest IV Rank — 100.0%
  • 2024-08-08: Largest Expected Move — 5.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.39$30.77$33.95$31.45$33.86
Max Pain$28.27$25.00$31.00$31.00$29.00
ATM IV14.6%9.5%24.4%14.7%12.9%
Expected Move3.9%2.7%5.8%4.2%3.7%
HV 20d17.6%15.2%20.0%16.6%15.2%
HV 60d17.6%17.1%18.0%17.3%17.6%
IV Rank32.2%0.0%100.0%30.0%23.1%
IV Percentile30.1%0.0%100.0%25.8%12.7%
Term Structure11.1%-5.2%32.8%-4.3%7.3%
VWIV17.5%9.5%40.5%12.3%12.9%
Skew 25d1.4%-2.0%8.2%-1.6%1.9%
Skew 10d2.9%-10.0%13.4%5.5%-1.9%
Call IV 25d12.5%8.1%17.4%15.7%11.2%
Put IV 25d14.0%9.0%23.6%14.1%13.1%
Bid-Ask Spread %118.11108.52134.95113.30114.26
Gamma HHI0.480.230.740.280.71
Net GEX29.1K10.9K73.5K29.2K36.5K
Net DEX-127.9K-276.9K49.1K-11.4K-269.1K
Net VEX-1.0K-1.6K-617-1.5K-854
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.140.000.550.140.00
Total Volume11.818051820
Total OI507.591419560504500

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$31.45$31.0014.7%4.2%16.6%30.0%12.3%-1.6%-4.3%29.2K-11.4K-1.5K0.14113.30N/AN/A71247257
2024-08-02$31.46$31.0017.4%5.0%16.3%48.9%0.0%0.0%-5.2%29.0K-86.1K-1.3K0.00116.69N/AN/A30259258
2024-08-05$30.77$25.0019.8%4.4%18.0%66.2%0.0%4.9%29.5%13.2K49.1K-1.5K0.00134.95N/AN/A00256258
2024-08-06$30.77$25.0022.0%4.5%17.8%82.0%34.3%8.2%4.5%13.3K-10.4K-7050.24129.12N/AN/A379256258
2024-08-07$30.93$25.0017.3%5.3%16.7%50.3%18.9%-2.0%23.1%10.9K-34.0K-1.4K0.00108.52N/AN/A05293262
2024-08-08$31.21$28.0019.5%5.8%16.5%66.5%40.5%1.3%22.9%20.5K-45.2K-1.6K0.04120.22N/AN/A492293267
2024-08-09$31.36$28.0016.8%3.3%16.4%46.0%0.0%2.9%29.4%23.2K-19.8K-1.4K0.00122.93N/AN/A010273267
2024-08-12$31.30$28.0024.4%4.4%16.0%100.0%16.3%-0.8%30.4%11.8K35.8K-1.3K0.00111.03N/AN/A20273276
2024-08-13$31.81$28.0011.5%3.5%17.3%6.3%0.0%-2.0%28.1%56.9K-93.8K-1.1K0.00112.72N/AN/A00273276
2024-08-14$31.89$28.0011.3%3.2%17.2%5.4%16.7%6.6%32.8%69.4K-79.3K-1.3K0.00117.57N/AN/A04273276
2024-08-15$32.20$28.0013.9%4.0%17.7%23.6%13.9%3.5%30.0%73.5K-200.1K-1.2K0.00121.35N/AN/A07273280
2024-08-16$32.45$28.0013.8%4.0%17.8%23.5%0.0%5.8%24.9%30.9K-259.7K-9170.00127.21N/AN/A20273287
2024-08-19$33.05$28.0012.3%3.5%18.4%12.6%13.8%-0.5%-3.0%14.1K-145.6K-6170.36111.86N/AN/A145147272
2024-08-20$32.97$29.009.5%2.7%18.4%0.0%0.0%3.6%-1.6%13.5K-141.3K-6470.00111.56N/AN/A020160277
2024-08-21$33.14$29.0011.3%3.2%18.5%12.4%13.1%0.0%-3.8%18.5K-146.4K-7480.00111.79N/AN/A40160297
2024-08-22$33.08$29.0010.7%3.1%18.5%7.8%0.0%-0.4%-1.0%17.8K-139.6K-7470.00118.86N/AN/A00164297
2024-08-23$33.78$29.0012.8%3.7%19.8%22.4%9.5%-1.4%-0.3%24.0K-219.8K-7580.55123.76N/AN/A116164297
2024-08-26$33.66$29.0012.2%3.5%19.8%18.4%12.3%0.5%0.1%27.1K-211.0K-7840.00120.23N/AN/A300174303
2024-08-27$33.95$29.0012.8%3.7%20.0%22.3%12.2%0.5%-2.9%35.3K-270.4K-7720.33114.24N/AN/A93188303
2024-08-28$33.86$29.0012.8%3.7%19.6%22.0%0.0%1.5%2.5%35.8K-276.9K-8900.00121.06N/AN/A00196304
2024-08-29$33.67$29.0012.2%3.5%15.2%18.5%0.0%-0.8%1.0%36.8K-238.5K-8510.00115.17N/AN/A00196304
2024-08-30$33.86$29.0012.9%3.7%15.2%23.1%12.9%1.9%7.3%36.5K-269.1K-8540.00114.26N/AN/A200196304