EWZ Options History — June 2022

In June 2022, EWZ traded between $27.11 and $35.45. ATM implied volatility averaged 37.0%, placing in the 30.6% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded below realized volatility by 0.3% (HV 20d: 37.3%). Max pain ranged from $29.50 to $35.00. Net GEX was positive for 4 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.80.

Notable Days

2022-06-08: Highest Volume — 293,741 contracts
2022-06-16: Largest IV spike — 16.2% change
2022-06-16: Highest IV Rank — 52.6%
2022-06-16: Largest Expected Move — 12.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$30.22	$27.11	$35.45	$35.17	$27.36
Max Pain	$32.60	$29.50	$35.00	$35.00	$29.50
ATM IV	37.0%	30.4%	43.8%	34.2%	37.8%
Expected Move	10.6%	8.7%	12.6%	11.2%	10.6%
HV 20d	37.3%	27.8%	43.4%	35.9%	38.1%
HV 60d	35.7%	33.1%	37.2%	33.8%	36.3%
IV Rank	30.6%	10.5%	52.6%	22.6%	32.0%
IV Percentile	65.1%	15.1%	92.1%	53.6%	75.0%
Term Structure	0.2%	-0.9%	1.6%	-0.9%	0.6%
VWIV	36.6%	30.1%	41.2%	37.6%	36.6%
Skew 25d	4.4%	0.8%	6.5%	5.1%	4.3%
Skew 10d	8.4%	1.2%	15.1%	4.8%	8.4%
Call IV 25d	35.3%	30.3%	40.7%	31.4%	36.2%
Put IV 25d	39.7%	31.9%	46.7%	36.5%	40.5%
Bid-Ask Spread %	32.77	3.02	55.69	38.76	43.23
Gamma HHI	0.12	0.07	0.31	0.13	0.09
Net GEX	-11.2M	-66.5M	81.5M	60.5M	-5.8M
Net DEX	1.16B	-340.2M	2.18B	-246.1M	1.27B
Net VEX	-8.0M	-9.6M	-6.6M	-9.3M	-7.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.80	0.29	1.78	1.25	0.85
Total Volume	181,113.143	101,050	293,741	172,386	208,011
Total OI	2,334,574.619	1,756,649	2,751,891	2,719,181	2,143,586

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	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-06-01	$35.17	$35.00	34.2%	11.2%	35.9%	22.6%	37.6%	5.1%	-0.9%	60.5M	-246.1M	-9.3M	1.25	38.76	N/A	N/A	76,682	95,704	1,338,467	1,380,714
2022-06-02	$35.45	$34.00	32.1%	9.1%	34.9%	16.0%	33.4%	3.0%	-0.7%	81.5M	-340.2M	-9.3M	0.64	54.69	N/A	N/A	151,657	97,016	1,346,484	1,405,407
2022-06-03	$35.20	$34.00	32.5%	9.0%	30.4%	17.3%	31.7%	4.3%	-0.3%	20.5M	-86.8M	-9.1M	0.51	29.74	N/A	N/A	151,691	77,301	1,284,831	1,419,009
2022-06-06	$34.87	$34.00	30.9%	8.9%	30.5%	12.0%	31.9%	2.3%	0.5%	2.5M	160.1M	-8.9M	1.30	24.46	N/A	N/A	43,992	57,058	1,172,579	1,368,691
2022-06-07	$34.25	$34.00	30.4%	8.7%	27.8%	10.5%	30.5%	1.4%	0.2%	-7.9M	527.9M	-8.7M	0.83	50.07	N/A	N/A	74,640	62,305	1,164,340	1,387,351
2022-06-08	$33.58	$34.00	30.5%	8.9%	29.3%	10.7%	30.1%	0.8%	1.3%	-22.7M	913.9M	-8.6M	0.29	16.49	N/A	N/A	227,202	66,539	1,185,622	1,420,704
2022-06-09	$31.45	$34.00	35.3%	10.4%	38.4%	25.1%	35.0%	4.6%	1.0%	-66.5M	1.84B	-9.6M	1.78	50.44	N/A	N/A	99,115	176,828	1,120,823	1,434,423
2022-06-10	$30.66	$33.00	37.8%	10.7%	39.3%	33.2%	36.8%	5.3%	-0.7%	-47.4M	1.72B	-9.2M	0.82	52.08	N/A	N/A	96,576	79,142	1,153,543	1,323,967
2022-06-13	$28.86	$33.00	42.5%	12.1%	42.8%	48.4%	40.6%	6.5%	0.5%	-33.5M	1.99B	-8.0M	0.93	43.20	N/A	N/A	117,369	108,872	1,139,559	1,290,591
2022-06-14	$28.79	$33.00	41.3%	11.8%	42.4%	44.6%	40.7%	6.5%	-0.5%	-29.1M	2.04B	-8.0M	0.65	44.72	N/A	N/A	102,679	66,520	1,179,435	1,314,560
2022-06-15	$29.52	$33.00	37.7%	10.8%	42.3%	32.9%	37.8%	5.2%	1.6%	-26.8M	1.90B	-8.2M	0.71	4.51	N/A	N/A	78,783	56,190	1,222,679	1,338,007
2022-06-16	$28.22	$33.00	43.8%	12.6%	43.4%	52.6%	41.2%	6.1%	-0.3%	-26.4M	2.18B	-7.6M	0.32	51.14	N/A	N/A	145,616	47,186	1,242,017	1,360,418
2022-06-17	$27.93	$32.00	42.1%	12.2%	41.7%	47.2%	41.1%	5.0%	-0.9%	-38.4M	2.15B	-7.3M	0.45	55.69	N/A	N/A	146,228	66,139	1,341,973	1,329,836
2022-06-21	$27.92	$33.00	39.2%	11.2%	40.3%	37.8%	39.6%	5.1%	0.5%	-13.8M	1.12B	-7.0M	0.77	17.79	N/A	N/A	85,888	66,088	848,279	908,370
2022-06-22	$27.73	$32.00	39.3%	11.3%	37.2%	38.0%	40.9%	4.0%	0.7%	-14.4M	1.15B	-7.1M	1.10	38.41	N/A	N/A	51,174	56,526	883,590	937,049
2022-06-23	$27.15	$32.00	39.2%	11.0%	37.1%	37.7%	37.5%	4.6%	0.2%	-20.7M	1.27B	-6.6M	0.82	10.71	N/A	N/A	62,744	51,722	891,837	950,381
2022-06-24	$27.11	$31.00	38.1%	10.7%	37.0%	34.2%	37.6%	4.5%	0.6%	-29.2M	1.29B	-6.6M	0.81	3.02	N/A	N/A	79,801	64,310	909,743	975,544
2022-06-27	$27.94	$31.00	37.1%	10.5%	38.0%	29.9%	35.5%	5.1%	0.4%	-9.2M	1.13B	-7.2M	0.63	40.75	N/A	N/A	117,400	73,664	917,134	967,560
2022-06-28	$27.63	$30.00	37.5%	10.6%	37.6%	30.9%	36.0%	4.4%	0.2%	-5.4M	1.20B	-7.2M	0.85	12.08	N/A	N/A	71,804	60,846	990,608	1,004,499
2022-06-29	$27.78	$30.00	37.1%	10.4%	38.1%	29.9%	36.1%	4.1%	0.5%	-2.7M	1.16B	-7.6M	0.38	6.15	N/A	N/A	133,794	50,574	1,011,861	1,019,996
2022-06-30	$27.36	$29.50	37.8%	10.6%	38.1%	32.0%	36.6%	4.3%	0.6%	-5.8M	1.27B	-7.2M	0.85	43.23	N/A	N/A	112,207	95,804	1,111,388	1,032,198