EWZ Options History — April 2024

In April 2024, EWZ traded between $30.13 and $32.88. ATM implied volatility averaged 24.3%, placing in the 26.8% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 4.5% (HV 20d: 19.7%). Max pain ranged from $32.00 to $33.00. Net GEX was positive for 3 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 1.59.

Notable Days

  • 2024-04-10: Highest Volume — 264,867 contracts
  • 2024-04-24: Largest IV drop — 14.2% change
  • 2024-04-17: Highest IV Rank — 46.2%
  • 2024-04-17: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.39$30.13$32.88$31.82$31.02
Max Pain$32.14$32.00$33.00$33.00$32.00
ATM IV24.3%21.3%27.6%21.3%23.8%
Expected Move6.9%5.9%7.9%6.0%7.1%
HV 20d19.7%17.2%23.1%17.5%23.1%
HV 60d20.3%19.3%21.2%19.7%21.2%
IV Rank26.8%9.0%46.2%9.2%24.3%
IV Percentile27.8%2.8%64.3%2.8%24.2%
Term Structure-0.4%-15.2%7.9%0.6%7.9%
VWIV24.8%20.7%28.5%21.6%25.8%
Skew 25d2.8%0.1%4.7%2.3%2.0%
Skew 10d6.0%3.1%9.8%3.5%4.8%
Call IV 25d23.4%20.5%26.3%20.7%23.1%
Put IV 25d26.2%23.0%30.6%23.0%25.1%
Bid-Ask Spread %48.2116.5079.9273.1729.97
Gamma HHI0.100.070.150.070.15
Net GEX-32.7M-87.9M45.1M-17.2M-77.0M
Net DEX799.3M-63.7M1.69B581.2M893.3M
Net VEX-9.1M-9.8M-8.3M-8.3M-9.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.590.265.051.024.96
Total Volume159,280.18259,922264,867153,460160,978
Total OI2,444,052.9091,936,7692,821,7061,936,7692,694,912

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$31.82$33.0021.3%6.0%17.5%9.2%21.6%2.3%0.6%-17.2M581.2M-8.3M1.0273.17N/AN/A76,15577,305924,5801,012,189
2024-04-02$32.03$33.0021.3%5.9%17.7%9.0%20.7%2.5%1.1%-14.9M524.1M-8.7M0.7150.06N/AN/A107,50676,253970,1471,051,550
2024-04-03$32.05$33.0021.8%6.0%17.7%11.9%21.6%1.7%0.1%-5.6M464.6M-9.0M0.6559.74N/AN/A102,02465,8261,048,3401,058,555
2024-04-04$32.05$32.0023.9%6.9%17.3%24.4%23.8%2.3%0.3%3.6M428.5M-9.3M0.4679.92N/AN/A137,30563,0041,104,0931,093,739
2024-04-05$31.81$32.0022.6%6.8%17.4%16.8%26.2%0.1%2.4%-14.6M623.3M-9.3M5.0547.60N/AN/A23,886120,5851,152,5731,130,335
2024-04-08$32.58$32.0023.7%6.7%17.2%23.2%23.7%3.4%-0.4%25.1M157.3M-9.6M0.5855.11N/AN/A44,99425,9391,136,4101,187,640
2024-04-09$32.88$32.0023.8%6.8%17.4%23.8%24.7%2.0%-0.1%45.1M-63.7M-9.8M0.8361.03N/AN/A108,96790,3481,162,3051,193,869
2024-04-10$32.05$32.0024.0%6.9%19.1%25.2%25.2%3.8%1.1%-10.9M524.8M-9.4M1.2256.51N/AN/A119,247145,6201,229,6831,243,630
2024-04-11$31.84$32.0023.6%6.6%19.1%22.9%24.0%2.9%-0.3%-42.1M746.4M-9.3M0.8957.84N/AN/A47,81142,7631,193,9511,297,559
2024-04-12$31.31$32.0026.0%7.2%19.7%36.6%25.8%4.0%-0.2%-53.7M1.04B-9.0M0.9048.53N/AN/A132,466119,0841,204,0751,298,582
2024-04-15$30.76$32.0025.3%7.2%20.5%32.5%26.4%3.8%-1.5%-73.0M1.32B-8.6M2.2956.93N/AN/A66,857152,8531,237,1171,342,482
2024-04-16$30.13$32.0026.7%7.7%21.5%41.1%26.4%3.8%0.1%-87.9M1.69B-8.3M1.4656.81N/AN/A106,252155,0851,271,7451,393,916
2024-04-17$30.20$32.0027.6%7.9%21.5%46.2%28.3%4.4%-4.6%-67.5M1.53B-8.8M2.1439.35N/AN/A74,113158,3451,325,0691,412,694
2024-04-18$30.16$32.0027.0%7.7%19.2%42.9%28.5%4.7%0.4%-77.3M1.56B-9.0M1.6965.36N/AN/A48,87282,5551,344,8551,439,725
2024-04-19$30.73$32.0025.9%7.4%20.8%36.2%27.1%3.5%0.4%-63.7M1.18B-9.3M0.7733.15N/AN/A61,39247,2031,362,0371,459,669
2024-04-22$30.98$32.0025.2%7.2%20.8%32.3%25.9%3.2%-0.8%-33.7M863.1M-9.1M0.5630.44N/AN/A44,44924,7461,051,7651,312,152
2024-04-23$31.16$32.0027.6%6.9%20.9%46.0%25.3%1.8%-15.2%-27.9M739.4M-9.2M3.5027.72N/AN/A28,36899,4191,077,0381,329,691
2024-04-24$31.02$32.0023.6%6.8%20.9%23.0%23.6%3.2%-0.3%-32.6M807.0M-8.9M0.6126.93N/AN/A37,19422,7281,091,1591,341,966
2024-04-25$30.80$32.0023.8%6.7%20.6%24.1%24.1%2.6%-0.8%-42.8M950.4M-8.9M0.2616.50N/AN/A74,82719,1011,097,7061,354,129
2024-04-26$31.55$32.0022.7%6.6%22.7%17.6%24.3%2.1%-0.2%-9.0M514.1M-9.1M3.7654.16N/AN/A51,523193,8411,120,0561,365,736
2024-04-29$31.73$32.0023.1%6.8%21.9%19.8%23.7%2.2%0.5%-41.5M500.1M-8.9M0.6533.86N/AN/A40,17426,2011,128,7461,520,994
2024-04-30$31.02$32.0023.8%7.1%23.1%24.3%25.8%2.0%7.9%-77.0M893.3M-9.6M4.9629.97N/AN/A26,991133,9871,157,6561,537,256