EWZ Options History — June 2009

In June 2009, EWZ traded between $149.79 and $173.85. ATM implied volatility averaged 44.2%, placing in the 6.5% IV rank vs the trailing year. The 30-day expected move averaged 12.6%. IV traded above realized volatility by 0.0% (HV 20d: 44.2%). Max pain ranged from $126.00 to $165.00. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 1.41.

Notable Days

  • 2009-06-01: Highest Volume — 61,104 contracts
  • 2009-06-16: Largest IV spike — 13.2% change
  • 2009-06-03: Highest IV Rank — 10.3%
  • 2009-06-03: Largest Expected Move — 14.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$162.95$149.79$173.85$172.23$158.91
Max Pain$156.41$126.00$165.00$129.00$162.00
ATM IV44.2%40.5%49.3%45.7%40.5%
Expected Move12.6%11.6%14.1%13.1%11.6%
HV 20d44.2%40.0%48.3%46.0%43.0%
HV 60d47.5%44.3%49.8%48.3%44.3%
IV Rank6.5%3.7%10.3%8.4%3.7%
IV Percentile23.0%9.1%36.1%30.2%9.1%
Term Structure2.8%-5.8%8.8%-3.3%2.4%
VWIV45.9%37.3%50.8%50.5%41.0%
Skew 25d11.0%6.5%17.4%6.5%7.1%
Skew 10d18.2%12.0%25.4%12.3%12.8%
Call IV 25d39.9%35.8%46.0%42.3%37.3%
Put IV 25d50.9%44.4%57.6%48.8%44.4%
Bid-Ask Spread %10.126.6414.576.648.84
Gamma HHI0.090.060.260.110.07
Net GEX28.7M-14.3M55.5M37.0M-6.8M
Net DEX-2.16B-3.88B97.5M-3.53B-298.2M
Net VEX-10.2M-11.0M-9.5M-9.5M-10.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.410.356.391.832.16
Total Volume22,503.9556,65361,10461,1049,249
Total OI729,086.864414,557940,118815,198461,017

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-06-01$172.23$129.0045.7%13.1%46.0%8.4%50.5%6.5%-3.3%37.0M-3.53B-9.5M1.836.64N/AN/A21,56939,535316,210498,988
2009-06-02$171.90$126.0045.1%12.9%42.6%7.2%47.6%7.3%-3.8%42.7M-3.58B-9.6M0.966.96N/AN/A11,44011,002326,446488,057
2009-06-03$162.69$126.0049.3%14.1%47.8%10.3%49.5%7.1%-5.8%44.1M-2.83B-10.2M0.669.03N/AN/A26,54417,636328,201487,597
2009-06-04$168.21$126.0048.3%13.9%48.3%9.6%48.8%8.0%-4.3%46.1M-3.33B-10.3M0.767.35N/AN/A8,9636,829338,604495,163
2009-06-05$167.64$162.0045.5%12.6%47.1%7.5%47.1%11.2%3.7%48.2M-3.25B-10.3M0.4511.32N/AN/A8,9094,050338,804496,893
2009-06-08$166.89$162.0047.2%12.6%46.0%8.8%45.9%11.4%2.5%52.5M-3.28B-10.0M0.669.43N/AN/A5,5913,664343,116498,027
2009-06-09$167.94$162.0045.1%12.5%45.9%7.2%49.3%12.3%3.2%54.8M-3.39B-10.0M1.229.51N/AN/A3,8724,714345,287500,129
2009-06-10$167.76$162.0045.3%12.2%45.6%7.3%46.7%12.7%4.4%55.5M-3.40B-9.8M0.809.68N/AN/A13,11210,496346,161502,864
2009-06-11$173.85$165.0040.8%11.7%41.1%4.0%45.4%12.4%5.2%47.1M-3.88B-9.8M0.7514.57N/AN/A8,2566,201346,721516,464
2009-06-12$170.64$165.0040.5%11.6%42.0%3.7%50.8%14.6%6.9%52.2M-3.62B-9.9M6.3911.06N/AN/A2,35915,077350,373518,014
2009-06-15$163.83$165.0040.7%11.7%44.4%3.8%45.7%16.0%5.9%52.4M-2.92B-9.9M0.8412.17N/AN/A8,3486,985350,683530,966
2009-06-16$159.69$165.0046.0%13.2%40.5%7.9%47.1%16.7%6.4%52.3M-2.47B-9.9M1.5011.69N/AN/A17,42126,100352,882533,707
2009-06-17$159.00$165.0045.8%13.1%40.4%7.7%50.6%15.9%6.9%42.0M-2.32B-10.1M1.639.99N/AN/A12,95221,157358,897553,505
2009-06-18$157.95$165.0043.2%12.4%40.4%5.7%37.3%17.4%8.5%33.4M-2.15B-9.9M1.4410.74N/AN/A17,10224,617361,940564,165
2009-06-19$159.51$162.0041.2%11.8%40.0%4.2%40.4%15.9%8.8%29.2M-2.37B-10.1M0.3511.28N/AN/A20,1467,036360,993579,125
2009-06-22$149.79$162.0045.7%13.1%45.9%7.6%49.1%15.3%2.5%-12.5M85.5M-9.6M2.1910.76N/AN/A6,80414,913173,679240,878
2009-06-23$152.10$162.0046.3%13.3%45.0%8.1%46.5%7.4%1.4%-14.3M97.5M-10.4M2.179.06N/AN/A10,38122,562175,896251,053
2009-06-24$153.51$162.0045.2%12.9%45.2%7.2%44.6%7.3%2.0%-11.8M10.5M-10.9M0.6511.83N/AN/A4,6493,007182,474262,814
2009-06-25$159.66$162.0042.7%12.2%45.7%5.4%42.6%6.5%2.2%-5.1M-345.5M-11.0M1.4011.11N/AN/A6,4869,049185,410264,335
2009-06-26$160.83$162.0040.7%11.7%45.6%3.9%40.9%6.6%3.5%-4.2M-426.7M-11.0M0.8811.17N/AN/A5,1434,508185,692269,247
2009-06-29$160.32$162.0041.6%11.9%43.0%4.6%42.2%6.8%2.1%-4.2M-403.0M-10.8M1.418.37N/AN/A2,7563,897188,572269,862
2009-06-30$158.91$162.0040.5%11.6%43.0%3.7%41.0%7.1%2.4%-6.8M-298.2M-10.6M2.168.84N/AN/A2,9246,325189,281271,736