EWP Options History — September 2024

In September 2024, EWP traded between $33.22 and $35.59. ATM implied volatility averaged 12.8%, placing in the 23.0% IV rank vs the trailing year. The 30-day expected move averaged 3.6%. IV traded below realized volatility by 2.4% (HV 20d: 15.2%). Max pain ranged from $29.00 to $33.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.49.

Notable Days

  • 2024-09-12: Highest Volume — 15 contracts
  • 2024-09-13: Largest IV drop — 46.3% change
  • 2024-09-12: Highest IV Rank — 52.3%
  • 2024-09-12: Largest Expected Move — 5.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.38$33.22$35.59$33.22$35.27
Max Pain$32.60$29.00$33.00$29.00$33.00
ATM IV12.8%9.3%17.3%14.3%13.2%
Expected Move3.6%2.7%5.0%4.1%3.8%
HV 20d15.2%13.6%16.5%14.5%15.2%
HV 60d16.4%15.6%18.0%18.0%15.6%
IV Rank23.0%0.0%52.3%32.1%26.0%
IV Percentile17.3%0.0%70.6%26.2%20.6%
Term Structure5.4%-3.9%28.5%-3.9%2.3%
VWIV16.6%8.8%37.6%13.0%8.8%
Skew 25d1.1%-1.9%4.2%-1.5%-1.9%
Skew 10d1.0%-6.2%11.0%0.0%1.9%
Call IV 25d11.3%8.8%15.4%15.0%15.1%
Put IV 25d12.4%9.9%16.1%13.5%13.2%
Bid-Ask Spread %113.18101.38130.83129.05111.32
Gamma HHI0.550.210.860.670.25
Net GEX25.6K4.2K62.1K25.5K6.6K
Net DEX-222.7K-441.9K-87.5K-170.3K-96.6K
Net VEX-686-779-594-737-711
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.490.003.330.000.00
Total Volume4.2015013
Total OI460.7369498495395

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$33.22$29.0014.3%4.1%14.5%32.1%0.0%-1.5%-3.9%25.5K-170.3K-7370.00129.05N/AN/A00191304
2024-09-04$33.28$29.0012.3%3.5%14.5%19.1%0.0%-0.7%-0.9%26.6K-169.9K-7500.00130.83N/AN/A00191304
2024-09-05$33.66$33.0015.7%2.8%14.7%41.7%0.0%0.8%11.1%32.2K-235.3K-7790.00112.39N/AN/A00191304
2024-09-06$33.25$33.0012.3%4.1%15.7%18.7%0.0%3.1%0.5%26.7K-154.3K-7060.00112.58N/AN/A00191304
2024-09-09$33.58$33.0013.9%3.9%15.9%29.4%0.0%-0.2%3.0%34.4K-209.5K-6950.00109.25N/AN/A00191304
2024-09-10$33.25$33.0013.4%2.9%16.5%26.3%13.0%0.5%13.3%28.3K-151.7K-6470.00106.04N/AN/A01191305
2024-09-11$33.55$33.0015.8%4.5%15.9%42.4%0.0%-0.1%-2.4%42.1K-204.9K-6650.00101.38N/AN/A00191304
2024-09-12$33.80$33.0017.3%5.0%16.0%52.3%0.0%2.3%1.2%60.9K-241.2K-6340.00103.98N/AN/A150191304
2024-09-13$34.20$33.009.3%2.7%16.1%0.0%0.0%1.5%14.1%62.1K-279.9K-7120.00116.01N/AN/A00185304
2024-09-16$34.64$33.0012.7%3.6%16.4%22.5%15.1%0.6%4.3%40.3K-367.1K-6320.00109.32N/AN/A01185304
2024-09-17$34.75$33.0010.1%2.9%15.4%5.3%37.6%1.6%5.6%34.6K-385.1K-5940.36112.96N/AN/A114183305
2024-09-18$34.83$33.0013.4%3.8%15.3%27.1%0.0%0.6%15.8%33.4K-382.7K-6830.00127.69N/AN/A20190306
2024-09-19$35.06$33.0011.3%3.2%15.4%13.0%0.0%-0.3%28.5%16.4K-430.3K-6610.00113.35N/AN/A01191306
2024-09-20$35.05$33.0012.3%3.5%15.3%20.1%0.0%2.7%7.0%17.0K-441.9K-6620.00107.61N/AN/A30191307
2024-09-23$35.02$33.0012.4%3.6%13.8%20.7%13.8%3.4%3.4%4.8K-87.5K-6210.00106.96N/AN/A7089280
2024-09-24$35.17$33.0011.9%3.4%13.6%17.0%0.0%1.9%-2.6%5.1K-108.4K-6870.00115.38N/AN/A1096280
2024-09-25$34.92$33.0010.7%3.1%13.8%9.0%11.2%1.0%0.8%5.8K-105.5K-6933.33112.02N/AN/A31097280
2024-09-26$35.59$33.0012.3%3.5%15.1%19.9%0.0%4.2%2.2%4.2K-114.7K-7530.00114.98N/AN/A1099290
2024-09-27$35.53$33.0011.9%3.4%14.8%17.3%8.8%2.0%4.3%4.5K-117.4K-7071.20110.57N/AN/A56100290
2024-09-30$35.27$33.0013.2%3.8%15.2%26.0%0.0%-1.9%2.3%6.6K-96.6K-7110.00111.32N/AN/A130105290