EWZ Options History — November 2024

In November 2024, EWZ traded between $25.56 and $28.38. ATM implied volatility averaged 31.8%, placing in the 51.0% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 9.6% (HV 20d: 22.1%). Max pain ranged from $28.00 to $29.00. Net GEX was positive for 2 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.94.

Notable Days

  • 2024-11-05: Highest Volume — 594,376 contracts
  • 2024-11-26: Largest IV spike — 62.0% change
  • 2024-11-26: Highest IV Rank — 100.0%
  • 2024-11-05: Largest Expected Move — 10.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.40$25.56$28.38$26.95$25.56
Max Pain$28.30$28.00$29.00$29.00$28.00
ATM IV31.8%24.5%47.0%28.9%42.7%
Expected Move9.1%7.9%10.2%9.5%10.1%
HV 20d22.1%19.0%27.2%19.0%27.2%
HV 60d20.3%19.2%21.5%20.9%21.4%
IV Rank51.0%21.3%100.0%40.7%84.2%
IV Percentile87.4%57.1%100.0%90.1%99.2%
Term Structure3.2%-28.6%18.0%-0.9%-0.5%
VWIV30.5%25.8%36.2%34.0%36.2%
Skew 25d1.6%-11.7%27.4%1.2%-8.7%
Skew 10d5.1%-6.4%26.5%11.2%-6.4%
Call IV 25d26.3%16.7%31.3%29.7%24.1%
Put IV 25d27.9%15.3%44.1%30.9%15.4%
Bid-Ask Spread %52.6238.8469.4558.0662.26
Gamma HHI0.140.100.180.140.18
Net GEX-45.3M-114.5M79.0M-89.9M-82.3M
Net DEX1.09B285.8M2.02B1.70B2.02B
Net VEX-7.1M-8.7M-5.4M-8.0M-5.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.940.073.650.531.13
Total Volume185,68172,191594,376218,212301,116
Total OI3,478,427.153,042,6054,013,4133,516,9303,332,152

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$26.95$29.0028.9%9.5%19.0%40.7%34.0%1.2%-0.9%-89.9M1.70B-8.0M0.5358.06N/AN/A142,51775,6951,737,4271,779,503
2024-11-04$27.74$29.0031.0%10.0%22.3%49.9%32.4%1.7%-1.1%-38.1M1.04B-8.5M0.3638.84N/AN/A114,68041,2041,665,2371,769,582
2024-11-05$28.05$29.0031.4%10.2%22.7%51.6%35.1%1.7%-0.1%-29.2M810.4M-8.7M0.0739.63N/AN/A557,27437,1021,663,6691,788,548
2024-11-06$28.38$29.0027.7%8.8%22.1%35.2%31.6%-11.7%2.0%79.0M285.8M-8.1M0.3143.73N/AN/A265,12581,3002,156,0991,813,094
2024-11-07$28.36$29.0027.2%9.1%22.0%32.8%30.4%1.7%3.9%52.8M437.4M-8.2M0.9446.59N/AN/A66,14362,1532,152,2051,838,690
2024-11-08$27.66$29.0026.9%9.1%23.6%31.7%30.6%0.1%0.1%-64.5M1.13B-7.8M0.8646.06N/AN/A115,81899,7792,176,4651,836,948
2024-11-11$27.73$28.0026.6%9.0%22.1%30.5%30.1%0.0%2.9%-66.8M1.08B-7.4M1.5342.41N/AN/A64,55198,4861,804,2011,817,774
2024-11-12$27.74$28.0025.4%8.9%21.4%24.9%30.1%1.1%5.4%-78.6M1.15B-7.5M0.5547.73N/AN/A46,71425,4771,830,9941,867,367
2024-11-13$27.57$28.0040.6%9.1%21.4%92.3%28.7%-1.2%2.8%-100.1M1.29B-7.1M0.6854.44N/AN/A75,04451,3571,856,5641,869,811
2024-11-14$27.44$28.0024.5%7.9%21.4%21.3%25.8%0.5%11.6%-114.5M1.52B-6.8M0.9648.76N/AN/A120,426115,7601,917,4191,901,799
2024-11-15$27.26$28.0025.4%8.4%21.4%25.3%28.3%5.2%6.5%-59.1M1.60B-6.7M0.7748.53N/AN/A56,70543,6012,013,7081,894,036
2024-11-18$27.38$28.0028.3%8.6%21.5%37.8%28.4%1.2%-1.9%-59.0M1.06B-6.6M0.1648.41N/AN/A107,77217,6941,454,6591,597,059
2024-11-19$27.30$28.0029.6%8.7%21.5%43.8%29.2%0.2%17.9%-50.8M1.06B-6.6M1.2755.35N/AN/A41,50252,5421,538,3241,600,058
2024-11-20$27.16$28.0031.4%9.0%21.5%51.4%30.2%1.1%18.0%-49.7M1.15B-6.7M3.6552.75N/AN/A32,739119,4011,574,4931,605,581
2024-11-21$26.91$28.0033.1%9.0%21.0%59.2%29.7%0.7%16.5%-46.1M1.09B-6.6M1.5865.39N/AN/A52,17482,6911,603,1751,518,506
2024-11-22$27.44$28.0036.6%8.7%22.3%74.4%29.9%0.9%8.4%-25.3M720.4M-6.7M0.8869.45N/AN/A40,84736,0661,634,2811,567,578
2024-11-25$27.45$28.0027.0%8.7%21.6%32.1%28.6%-1.3%0.5%-16.8M726.3M-6.2M0.8153.95N/AN/A54,79744,6611,561,8001,480,805
2024-11-26$27.49$28.0043.7%9.1%21.4%100.0%28.8%27.4%-0.4%-2.9M590.3M-6.5M0.2363.81N/AN/A70,91616,2871,629,3891,525,976
2024-11-27$26.46$28.0047.0%9.9%25.1%100.0%32.3%10.0%-28.6%-64.9M1.39B-6.0M1.5166.17N/AN/A113,872171,6321,664,8111,528,756
2024-11-29$25.56$28.0042.7%10.1%27.2%84.2%36.2%-8.7%-0.5%-82.3M2.02B-5.4M1.1362.26N/AN/A141,260159,8561,715,6041,616,548