EWZ Options History — October 2022

In October 2022, EWZ traded between $30.65 and $34.10. ATM implied volatility averaged 50.9%, placing in the 75.0% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded above realized volatility by 0.8% (HV 20d: 50.1%). Max pain ranged from $28.00 to $32.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.65.

Notable Days

  • 2022-10-31: Highest Volume — 773,067 contracts
  • 2022-10-24: Largest IV spike — 8.6% change
  • 2022-10-24: Highest IV Rank — 94.9%
  • 2022-10-27: Largest Expected Move — 17.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.10$30.65$34.10$32.53$32.61
Max Pain$29.95$28.00$32.00$30.00$32.00
ATM IV50.9%47.3%57.0%51.5%47.3%
Expected Move14.4%11.4%17.6%12.8%12.9%
HV 20d50.1%41.9%53.5%53.5%41.9%
HV 60d39.4%37.9%42.5%39.4%42.5%
IV Rank75.0%63.3%94.9%76.9%63.3%
IV Percentile95.7%84.5%99.6%98.4%84.5%
Term Structure-2.0%-4.0%8.0%-2.4%-1.8%
VWIV48.9%39.9%60.8%45.2%46.3%
Skew 25d4.6%2.6%9.7%5.2%6.5%
Skew 10d7.8%-13.2%15.8%8.7%9.2%
Call IV 25d48.9%34.6%62.1%49.6%34.6%
Put IV 25d53.5%41.1%71.8%54.8%41.1%
Bid-Ask Spread %31.866.7153.4530.5937.81
Gamma HHI0.100.060.330.080.12
Net GEX54.9M16.2M142.1M49.4M108.1M
Net DEX-446.4M-1.73B398.3M-820.8M-708.6M
Net VEX-11.0M-12.0M-9.9M-12.0M-11.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.241.000.870.68
Total Volume301,221.095156,491773,067384,609773,067
Total OI3,370,473.0483,057,5094,055,5103,140,4994,055,510

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-10-03$32.53$30.0051.5%12.8%53.5%76.9%45.2%5.2%-2.4%49.4M-820.8M-12.0M0.8730.59N/AN/A205,424179,1851,736,6891,403,810
2022-10-04$32.59$30.0050.0%11.5%53.0%72.1%40.4%5.3%-2.5%56.3M-829.4M-11.8M0.6639.23N/AN/A139,92591,7901,766,4441,424,099
2022-10-05$32.95$30.0050.1%11.4%53.0%72.3%39.9%4.5%-2.7%65.4M-1.06B-11.8M0.666.71N/AN/A143,81995,4791,805,5021,440,941
2022-10-06$32.87$29.0048.8%12.9%52.9%68.0%42.5%5.1%-2.4%63.0M-967.5M-11.5M0.5217.06N/AN/A139,70572,6821,812,4901,474,956
2022-10-07$32.38$29.0050.0%13.5%52.2%72.2%45.8%4.7%-2.5%55.3M-697.4M-11.5M1.0050.75N/AN/A102,157102,5931,865,5531,486,313
2022-10-10$32.53$28.0050.0%13.7%51.6%72.2%46.3%4.7%-1.5%57.9M-688.9M-11.2M0.6747.86N/AN/A109,97973,8611,841,7401,411,942
2022-10-11$31.69$28.0050.0%13.7%49.8%72.1%44.5%5.1%-1.9%41.0M-223.9M-10.4M0.7427.91N/AN/A90,19366,2981,846,5231,418,467
2022-10-12$31.43$29.0049.7%13.6%50.0%71.1%46.3%9.7%-1.5%37.4M-54.2M-10.5M0.9953.45N/AN/A85,55884,4601,866,6101,440,907
2022-10-13$31.64$29.0047.7%13.2%49.6%64.6%41.5%4.9%-1.9%42.3M-136.5M-10.5M0.8142.57N/AN/A120,29597,2761,885,8721,464,878
2022-10-14$30.65$30.0048.7%13.6%50.8%67.9%47.5%5.0%-2.0%18.5M398.3M-10.1M0.8013.23N/AN/A89,95472,2721,935,9701,477,272
2022-10-17$31.39$30.0048.2%13.7%48.9%66.2%43.4%4.4%-3.0%38.7M26.3M-9.9M0.5439.35N/AN/A134,70973,0151,893,5041,442,349
2022-10-18$32.05$30.0048.6%13.9%49.4%67.4%46.5%4.4%-2.9%54.8M-332.7M-10.5M0.9113.80N/AN/A90,61082,1741,891,9371,462,778
2022-10-19$32.20$30.0050.3%14.4%49.3%73.2%50.1%4.1%-2.8%64.4M-465.1M-10.7M0.8240.44N/AN/A110,45590,8621,924,7971,474,828
2022-10-20$32.81$30.0051.3%14.9%48.3%76.4%51.5%3.3%-4.0%90.4M-897.5M-11.1M0.8247.99N/AN/A137,631113,0741,972,0181,498,136
2022-10-21$34.10$30.0052.4%15.3%46.0%80.0%52.2%4.3%-3.1%142.1M-1.73B-11.5M0.2928.15N/AN/A253,43274,5871,974,9611,496,953
2022-10-24$32.03$31.0057.0%17.2%48.8%94.9%59.1%3.2%-2.9%32.4M-162.3M-10.9M0.6322.10N/AN/A247,908155,6101,757,9971,299,512
2022-10-25$31.53$31.0054.6%16.8%49.2%87.2%57.5%3.0%-3.3%30.6M-2.5M-10.8M0.248.05N/AN/A167,21440,7851,891,1531,394,388
2022-10-26$30.72$31.0056.5%17.5%50.3%93.3%60.8%2.8%-3.2%16.2M390.8M-10.4M0.4226.91N/AN/A286,595119,2991,888,5311,409,885
2022-10-27$31.98$31.0054.1%17.6%51.5%85.5%60.0%3.3%-2.0%43.4M-260.3M-11.3M0.3053.06N/AN/A391,937116,0642,027,3541,424,907
2022-10-28$31.41$31.0051.6%17.6%51.7%77.4%60.1%2.6%8.0%45.6M-146.0M-11.6M0.2922.04N/AN/A544,866158,8442,314,8101,476,648
2022-10-31$32.61$32.0047.3%12.9%41.9%63.3%46.3%6.5%-1.8%108.1M-708.6M-11.2M0.6837.81N/AN/A459,740313,3272,545,8411,509,669