EWZ Options History — August 2024

In August 2024, EWZ traded between $26.88 and $30.94. ATM implied volatility averaged 24.8%, placing in the 22.3% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 3.2% (HV 20d: 21.5%). Max pain ranged from $28.00 to $30.00. Net GEX was positive for 13 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 1.12.

Notable Days

  • 2024-08-22: Highest Volume — 264,821 contracts
  • 2024-08-02: Largest IV spike — 42.7% change
  • 2024-08-02: Highest IV Rank — 58.1%
  • 2024-08-05: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.45$26.88$30.94$27.38$29.64
Max Pain$29.32$28.00$30.00$28.00$30.00
ATM IV24.8%21.9%32.9%23.1%23.7%
Expected Move6.9%6.3%7.7%6.9%7.1%
HV 20d21.5%16.8%25.2%17.3%25.0%
HV 60d21.5%19.3%23.1%19.3%23.1%
IV Rank22.3%9.8%58.1%14.8%17.8%
IV Percentile44.0%10.3%95.6%24.6%38.9%
Term Structure-0.6%-14.9%9.8%-1.6%1.0%
VWIV24.5%22.4%28.6%24.4%24.4%
Skew 25d2.1%0.5%3.8%2.2%2.8%
Skew 10d4.2%-1.6%11.1%3.4%5.4%
Call IV 25d23.6%21.5%27.6%22.7%22.9%
Put IV 25d25.6%22.8%30.1%24.9%25.7%
Bid-Ask Spread %59.5148.0994.8094.8050.17
Gamma HHI0.100.080.170.110.08
Net GEX12.0M-41.4M58.8M-34.2M-17.2M
Net DEX10.1M-716.5M1.27B1.05B227.7M
Net VEX-11.4M-11.8M-10.6M-10.6M-11.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.120.222.632.070.67
Total Volume111,409.63629,979264,821102,791171,841
Total OI2,931,883.9092,762,6493,143,6472,762,6493,143,647

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$27.38$28.0023.1%6.9%17.3%14.8%24.4%2.2%-1.6%-34.2M1.05B-10.6M2.0794.80N/AN/A33,43069,3611,224,6361,538,013
2024-08-02$27.14$28.0032.9%7.6%16.8%58.1%26.8%0.5%-14.9%-41.4M1.18B-11.0M1.7477.18N/AN/A31,74555,2821,244,8301,569,574
2024-08-05$26.88$29.0027.5%7.7%17.0%34.4%28.6%3.8%0.0%-41.4M1.27B-10.8M1.3064.83N/AN/A33,22543,0991,215,1551,554,980
2024-08-06$27.63$29.0030.0%7.2%19.3%45.4%25.6%1.0%9.8%-21.9M934.2M-11.2M0.8362.73N/AN/A36,49830,2031,232,2581,531,840
2024-08-07$27.94$29.0025.1%7.2%19.8%24.0%25.3%3.7%0.6%-13.4M734.4M-11.2M0.7467.12N/AN/A41,92330,8611,244,2081,546,145
2024-08-08$28.41$29.0028.5%7.1%20.8%38.6%24.3%2.5%-3.9%-1.7M453.5M-11.4M0.5263.04N/AN/A70,47536,3091,246,9861,561,116
2024-08-09$29.14$29.0024.4%6.9%22.7%20.5%24.7%2.9%-0.4%19.0M14.5M-11.7M0.6760.16N/AN/A105,81271,1021,271,2721,586,432
2024-08-12$29.44$29.0024.9%7.1%23.0%22.8%25.2%1.9%-0.1%25.0M-112.0M-11.5M0.9254.99N/AN/A59,48955,0241,256,3961,601,833
2024-08-13$29.95$29.0025.4%6.8%23.7%25.1%24.4%1.0%-1.4%39.9M-421.8M-11.3M0.2259.31N/AN/A106,02123,4901,283,6461,629,541
2024-08-14$30.07$29.0023.2%6.6%23.6%15.5%24.0%1.6%-0.3%51.1M-560.8M-11.7M0.9562.25N/AN/A42,97141,0331,342,3051,644,634
2024-08-15$30.16$29.0021.9%6.3%19.8%9.8%22.4%1.3%-0.1%58.8M-602.3M-11.2M1.0562.40N/AN/A60,29063,5521,350,7511,651,393
2024-08-16$30.23$29.0022.3%6.5%19.6%11.6%23.0%1.5%0.2%27.1M-651.2M-11.3M1.3255.85N/AN/A61,93681,5621,371,3501,674,924
2024-08-19$30.94$29.0022.7%6.5%20.7%13.2%23.2%1.6%0.1%46.1M-716.5M-11.3M1.0460.26N/AN/A79,36982,3521,275,8561,573,968
2024-08-20$30.63$30.0023.1%6.6%20.2%14.8%22.9%1.5%0.1%32.2M-543.7M-11.3M1.9452.20N/AN/A29,69357,5151,271,9171,615,943
2024-08-21$30.63$30.0023.1%6.6%19.4%15.0%24.2%2.2%-0.1%35.8M-529.5M-11.4M1.9148.09N/AN/A10,31119,6681,288,9491,618,079
2024-08-22$29.71$30.0025.3%7.3%23.1%24.5%26.5%2.9%-0.1%-2.5M43.2M-11.5M2.6349.38N/AN/A72,948191,8731,292,8961,619,301
2024-08-23$30.44$30.0023.8%6.8%24.2%18.2%23.6%2.6%0.0%56.5M-333.9M-11.8M0.2750.66N/AN/A86,36623,6081,325,8991,757,707
2024-08-26$30.73$30.0023.5%6.7%24.2%16.8%23.7%2.0%-0.8%22.6M-502.1M-11.7M0.9650.71N/AN/A35,12333,5921,298,9501,753,231
2024-08-27$30.66$30.0022.9%6.4%24.1%14.0%22.5%1.9%-1.4%20.6M-489.8M-11.4M1.6052.30N/AN/A34,71555,4261,317,7251,761,365
2024-08-28$30.45$30.0023.4%6.7%24.5%16.2%23.7%2.3%-0.1%12.1M-334.7M-11.4M0.8655.20N/AN/A25,23821,7101,331,0601,770,110
2024-08-29$29.81$30.0024.2%7.0%25.2%19.9%25.1%1.9%-0.8%-9.7M110.2M-11.6M0.4255.59N/AN/A94,73240,2391,341,0141,769,611
2024-08-30$29.64$30.0023.7%7.1%25.0%17.8%24.4%2.8%1.0%-17.2M227.7M-11.5M0.6750.17N/AN/A102,95068,8911,352,6411,791,006