EWZ Options History — February 2010

In February 2010, EWZ traded between $62.84 and $69.82. ATM implied volatility averaged 35.2%, placing in the 15.9% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded below realized volatility by 40.0% (HV 20d: 75.2%). Max pain ranged from $70.00 to $73.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 1.23.

Notable Days

  • 2010-02-05: Highest Volume — 199,088 contracts
  • 2010-02-04: Largest IV spike — 29.8% change
  • 2010-02-05: Highest IV Rank — 25.6%
  • 2010-02-05: Largest Expected Move — 11.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$67.09$62.84$69.82$67.60$68.37
Max Pain$71.26$70.00$73.00$72.00$70.00
ATM IV35.2%31.3%40.7%33.7%31.7%
Expected Move10.2%9.0%11.8%9.7%9.1%
HV 20d75.2%30.5%389.1%389.1%38.3%
HV 60d226.6%226.3%226.8%226.7%226.6%
IV Rank15.9%9.0%25.6%13.2%9.7%
IV Percentile27.3%8.7%54.8%17.1%9.9%
Term Structure0.2%-2.6%2.8%1.2%0.9%
VWIV36.4%32.1%43.4%33.3%32.6%
Skew 25d7.3%5.2%9.0%6.0%6.2%
Skew 10d14.8%10.5%18.4%11.3%13.1%
Call IV 25d32.2%28.7%37.8%31.4%28.7%
Put IV 25d39.5%34.5%46.2%37.4%34.8%
Bid-Ask Spread %3.962.886.054.172.92
Gamma HHI0.080.070.120.080.07
Net GEX-54.4M-77.1M-2.1M-58.7M-38.1M
Net DEX1.34B446.5M2.66B1.42B576.2M
Net VEX-14.2M-14.9M-13.5M-14.4M-13.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.230.622.120.812.12
Total Volume80,315.21131,447199,08874,94367,172
Total OI1,610,492.4741,305,0101,842,9551,502,2591,385,952

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-02-01$67.60$72.0033.7%9.7%389.1%13.2%33.3%6.0%1.2%-58.7M1.42B-14.4M0.814.17N/AN/A41,43333,510625,696876,563
2010-02-02$68.71$72.0031.7%9.1%388.5%9.8%32.6%5.9%2.3%-53.0M1.11B-14.9M1.595.17N/AN/A30,83748,893647,663891,826
2010-02-03$67.76$72.0031.3%9.0%30.5%9.0%32.1%5.2%2.8%-67.8M1.46B-14.7M1.193.40N/AN/A14,33117,116641,311911,695
2010-02-04$63.72$72.0040.6%11.6%35.7%25.4%41.0%6.6%0.7%-67.1M2.35B-13.5M1.436.05N/AN/A64,38191,978644,076918,689
2010-02-05$63.69$73.0040.7%11.8%35.9%25.6%42.9%8.3%-2.6%-71.2M2.41B-13.8M1.195.06N/AN/A91,018108,070676,289965,488
2010-02-08$62.84$72.0040.5%11.8%35.4%25.2%42.0%8.8%-1.7%-72.7M2.66B-13.5M1.344.62N/AN/A28,67738,471711,9761,015,151
2010-02-09$65.37$72.0039.2%11.5%39.5%22.9%41.6%9.0%-1.7%-67.6M2.00B-14.5M1.184.24N/AN/A60,79871,438721,6961,011,162
2010-02-10$65.33$71.0038.0%11.4%39.5%20.8%43.4%8.7%-1.4%-75.0M2.06B-14.2M1.874.37N/AN/A23,97044,927719,9781,022,908
2010-02-11$66.93$71.0037.0%10.6%41.1%19.1%39.3%8.6%-0.6%-71.9M1.59B-14.8M1.223.91N/AN/A29,21835,693735,4081,042,191
2010-02-12$66.63$71.0036.0%10.3%40.8%17.3%38.6%7.8%0.0%-77.1M1.70B-14.7M1.003.75N/AN/A23,00522,968745,7781,041,239
2010-02-16$68.34$71.0035.8%10.3%42.2%16.9%35.4%7.6%-0.3%-60.1M1.11B-14.5M0.623.75N/AN/A33,71721,020755,4811,047,188
2010-02-17$68.53$71.0033.8%9.7%41.7%13.5%34.6%7.2%0.7%-55.8M995.8M-14.5M0.983.55N/AN/A29,32328,841767,9011,053,614
2010-02-18$69.82$71.0031.9%9.1%41.3%10.1%32.3%7.5%1.7%-30.7M510.5M-14.3M0.702.88N/AN/A49,50434,523777,8571,058,422
2010-02-19$69.75$71.0032.3%9.3%37.7%10.9%33.4%7.2%1.5%-2.1M514.1M-14.1M0.803.38N/AN/A55,68044,745787,3411,055,614
2010-02-22$69.16$71.0033.3%9.5%37.3%12.5%33.9%7.3%0.2%-34.0M446.5M-14.1M1.833.24N/AN/A24,48544,810495,009810,001
2010-02-23$67.33$71.0034.8%10.0%38.6%15.2%34.6%6.9%0.0%-45.1M890.5M-13.8M1.042.88N/AN/A24,83725,887497,979831,199
2010-02-24$67.34$70.0033.7%9.7%38.2%13.2%33.2%7.0%-0.1%-44.4M885.1M-13.7M0.673.06N/AN/A39,14126,187512,652832,472
2010-02-25$67.50$70.0033.0%9.5%38.1%12.1%34.6%6.8%0.8%-41.1M798.2M-13.7M1.754.96N/AN/A20,12035,265526,724837,168
2010-02-26$68.37$70.0031.7%9.1%38.3%9.7%32.6%6.2%0.9%-38.1M576.2M-13.7M2.122.92N/AN/A21,52045,652538,756847,196