EWP Options History — December 2024

In December 2024, EWP traded between $30.64 and $33.92. ATM implied volatility averaged 20.4%, placing in the 26.3% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded above realized volatility by 0.9% (HV 20d: 19.5%). Max pain ranged from $33.00 to $45.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2024-12-16: Highest Volume — 14 contracts
2024-12-06: Largest IV spike — 97.0% change
2024-12-02: Highest IV Rank — 100.0%
2024-12-02: Largest Expected Move — 14.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$32.12	$30.64	$33.92	$32.78	$31.07
Max Pain	$36.86	$33.00	$45.00	$45.00	$33.00
ATM IV	20.4%	10.4%	51.5%	51.5%	17.7%
Expected Move	5.5%	3.0%	14.8%	14.8%	5.1%
HV 20d	19.5%	13.9%	23.6%	23.3%	21.3%
HV 60d	18.8%	17.5%	20.3%	17.6%	19.5%
IV Rank	26.3%	2.7%	100.0%	100.0%	19.8%
IV Percentile	58.6%	1.2%	100.0%	100.0%	77.0%
Term Structure	8.0%	-14.7%	32.9%	-14.7%	-5.6%
VWIV	18.8%	11.4%	33.7%	22.2%	33.7%
Skew 25d	7.6%	-16.9%	68.1%	68.1%	0.5%
Skew 10d	26.5%	-6.1%	98.8%	98.8%	-0.7%
Call IV 25d	16.7%	8.2%	25.1%	25.1%	14.3%
Put IV 25d	24.3%	6.8%	93.2%	93.2%	14.8%
Bid-Ask Spread %	118.25	106.17	148.58	144.72	117.20
Gamma HHI	0.24	0.18	0.34	0.25	0.19
Net GEX	3.2K	-1.1K	8.9K	3.9K	108
Net DEX	149.8K	2.3K	336.5K	256.1K	2.3K
Net VEX	-314	-485	-172	-425	-277
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	2.524	0	14	0	0
Total OI	164.429	110	212	197	120

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-12-02	$32.78	$45.00	51.5%	14.8%	23.3%	100.0%	0.0%	68.1%	-14.7%	3.9K	256.1K	-425	144.72	N/A	N/A	0	0	83	114
2024-12-03	$33.10	$45.00	25.2%	7.2%	23.6%	37.7%	0.0%	-2.3%	-4.7%	4.6K	242.5K	-457	148.58	N/A	N/A	0	0	83	114
2024-12-04	$33.16	$45.00	45.0%	12.9%	23.3%	84.7%	0.0%	5.6%	-9.4%	5.1K	253.4K	-396	146.35	N/A	N/A	0	0	83	114
2024-12-05	$33.92	$38.00	16.2%	4.4%	16.6%	16.3%	0.0%	12.7%	2.2%	8.9K	219.5K	-414	106.55	N/A	N/A	0	0	83	114
2024-12-06	$33.70	$38.00	31.8%	7.2%	16.2%	53.4%	22.2%	36.5%	16.3%	7.0K	230.8K	-413	111.25	N/A	N/A	5	0	83	114
2024-12-09	$33.42	$38.00	22.8%	4.6%	15.9%	32.0%	0.0%	15.6%	7.0%	5.8K	215.0K	-485	109.95	N/A	N/A	0	0	88	114
2024-12-10	$33.34	$38.00	26.2%	4.4%	15.8%	40.1%	0.0%	7.4%	18.9%	7.7K	240.3K	-390	115.95	N/A	N/A	0	0	88	114
2024-12-11	$32.88	$38.00	22.0%	6.3%	14.9%	30.1%	0.0%	4.4%	20.2%	5.5K	250.7K	-377	114.52	N/A	N/A	0	0	88	114
2024-12-12	$32.72	$38.00	12.8%	3.7%	14.9%	8.3%	0.0%	5.4%	14.1%	5.3K	264.9K	-337	111.97	N/A	N/A	0	0	88	114
2024-12-13	$32.78	$38.00	13.0%	3.7%	14.7%	8.7%	0.0%	5.9%	11.5%	5.6K	260.2K	-339	111.34	N/A	N/A	0	0	88	114
2024-12-16	$32.86	$38.00	11.5%	3.3%	13.9%	5.3%	15.9%	5.7%	16.3%	6.4K	275.3K	-270	110.00	N/A	N/A	0	14	88	114
2024-12-17	$31.48	$38.00	10.4%	3.0%	20.4%	2.7%	0.0%	-11.2%	21.0%	-918	336.5K	-172	106.17	N/A	N/A	0	0	88	124
2024-12-18	$30.70	$33.00	18.4%	5.3%	21.9%	21.7%	0.0%	2.0%	17.7%	1.4K	19.3K	-193	121.19	N/A	N/A	10	0	88	22
2024-12-19	$30.64	$33.00	16.1%	4.6%	21.9%	16.1%	0.0%	24.2%	32.9%	-736	12.8K	-204	116.03	N/A	N/A	1	0	98	22
2024-12-20	$30.88	$33.00	16.3%	4.7%	22.2%	16.7%	11.4%	-0.2%	31.7%	-1.1K	13.9K	-206	115.39	N/A	N/A	0	1	99	22
2024-12-23	$30.88	$33.00	12.1%	3.5%	22.2%	6.6%	15.3%	-5.9%	-1.4%	335	9.7K	-227	111.69	N/A	N/A	2	0	90	21
2024-12-24	$31.02	$33.00	16.0%	4.6%	21.5%	15.8%	0.0%	-2.5%	-5.3%	831	5.8K	-233	116.21	N/A	N/A	0	0	92	21
2024-12-26	$31.17	$33.00	14.9%	4.3%	21.5%	13.3%	0.0%	-16.9%	-7.5%	1.3K	3.5K	-242	113.24	N/A	N/A	0	12	92	21
2024-12-27	$31.00	$33.00	14.8%	4.2%	21.3%	12.9%	14.6%	3.4%	2.8%	41	13.6K	-275	117.35	N/A	N/A	5	0	92	27
2024-12-30	$31.09	$33.00	13.9%	4.0%	21.3%	11.0%	33.7%	2.0%	3.0%	-465	18.8K	-255	117.68	N/A	N/A	3	0	90	27
2024-12-31	$31.07	$33.00	17.7%	5.1%	21.3%	19.8%	0.0%	0.5%	-5.6%	108	2.3K	-277	117.20	N/A	N/A	0	0	93	27