EWP Options History — April 2026

In April 2026, EWP traded between $54.39 and $54.97. ATM implied volatility averaged 31.2%, placing in the 57.1% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 1.2% (HV 20d: 30.0%). Max pain ranged from $53.00 to $53.00. Net GEX was positive for 0 of 2 trading days. Term structure was in contango for 1 of 2 days. Put/call ratio averaged 22.35.

Notable Days

2026-04-01: Highest Volume — 284 contracts
2026-04-02: Largest IV spike — 0.6% change
2026-04-02: Highest IV Rank — 57.4%
2026-04-02: Largest Expected Move — 9.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$54.68	$54.39	$54.97	$54.97	$54.39
Max Pain	$53.00	$53.00	$53.00	$53.00	$53.00
ATM IV	31.2%	31.1%	31.3%	31.1%	31.3%
Expected Move	8.9%	8.9%	9.0%	8.9%	9.0%
HV 20d	30.0%	29.3%	30.7%	30.7%	29.3%
HV 60d	26.0%	26.0%	26.1%	26.0%	26.1%
IV Rank	57.1%	56.9%	57.4%	56.9%	57.4%
IV Percentile	94.8%	94.8%	94.8%	94.8%	94.8%
Term Structure	-0.8%	-3.8%	2.1%	-3.8%	2.1%
VWIV	30.4%	28.3%	32.4%	32.4%	28.3%
Skew 25d	14.3%	10.6%	17.9%	10.6%	17.9%
Skew 10d	11.3%	10.4%	12.2%	12.2%	10.4%
Call IV 25d	23.1%	19.5%	26.6%	26.6%	19.5%
Put IV 25d	37.3%	37.2%	37.5%	37.2%	37.5%
Bid-Ask Spread %	48.32	39.00	57.64	39.00	57.64
Gamma HHI	0.19	0.19	0.20	0.19	0.20
Net GEX	-229.3K	-232.9K	-225.8K	-225.8K	-232.9K
Net DEX	-1.7M	-2.1M	-1.2M	-2.1M	-1.2M
Net VEX	-37.7K	-38.0K	-37.4K	-38.0K	-37.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	22.35	0.69	44.00	0.69	44.00
Total Volume	164.5	45	284	284	45
Total OI	7,711	7,631	7,791	7,631	7,791

Daily Data (2 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2026-04-01	$54.97	$53.00	31.1%	8.9%	30.7%	56.9%	32.4%	10.6%	-3.8%	-225.8K	-2.1M	-38.0K	0.69	39.00	N/A	N/A	168	116	3,018	4,613
2026-04-02	$54.39	$53.00	31.3%	9.0%	29.3%	57.4%	28.3%	17.9%	2.1%	-232.9K	-1.2M	-37.4K	44.00	57.64	N/A	N/A	1	44	3,109	4,682