EDIT Options History — March 2020

In March 2020, EDIT traded between $15.16 and $24.91. ATM implied volatility averaged 101.2%, placing in the 78.6% IV rank vs the trailing year. The 30-day expected move averaged 28.5%. IV traded above realized volatility by 8.7% (HV 20d: 92.5%). Max pain ranged from $20.00 to $25.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.61.

Notable Days

  • 2020-03-05: Highest Volume — 6,757 contracts
  • 2020-03-16: Largest IV spike — 77.6% change
  • 2020-03-09: Highest IV Rank — 100.0%
  • 2020-03-19: Largest Expected Move — 37.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.22$15.16$24.91$22.36$19.39
Max Pain$22.50$20.00$25.00$25.00$20.50
ATM IV101.2%55.2%140.8%78.3%116.0%
Expected Move28.5%19.1%37.2%22.0%28.7%
HV 20d92.5%49.9%122.8%53.1%121.4%
HV 60d63.6%42.3%78.6%42.5%78.1%
IV Rank78.6%27.3%100.0%93.4%73.9%
IV Percentile94.1%26.2%100.0%98.8%97.6%
Term Structure5.9%-24.7%41.2%-13.8%-14.0%
VWIV105.8%68.1%153.4%74.8%97.3%
Skew 25d-2.5%-50.8%108.9%5.2%29.5%
Skew 10d-12.2%-82.9%86.5%2.9%17.3%
Call IV 25d120.4%60.0%194.0%70.9%143.9%
Put IV 25d117.9%58.5%212.8%76.1%173.4%
Bid-Ask Spread %65.8141.8290.8752.6085.11
Gamma HHI0.160.110.190.120.15
Net GEX190.6K97.5K338.4K107.3K200.5K
Net DEX-9.0M-20.9M-1.1M-5.1M-9.0M
Net VEX-136.1K-179.0K-101.0K-131.7K-124.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.610.022.870.130.39
Total Volume1,562.6823366,7571,261495
Total OI44,458.13639,51248,32039,51245,279

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-03-02$22.36$25.0078.3%22.0%53.1%93.4%74.8%5.2%-13.8%107.3K-5.1M-131.7K0.1352.60N/AN/A1,11914229,40510,107
2020-03-03$22.06$24.0055.2%24.1%51.1%27.3%68.1%16.6%-0.4%113.3K-3.4M-121.6K1.3290.87N/AN/A47262530,32310,152
2020-03-04$22.82$24.0066.8%19.1%49.9%60.5%69.9%-12.8%2.7%117.2K-6.2M-132.3K0.0257.65N/AN/A1,8924230,58610,719
2020-03-05$24.91$22.5073.6%25.3%60.7%79.9%95.6%-1.0%-1.8%329.4K-20.9M-172.3K0.1573.05N/AN/A5,85989831,83610,706
2020-03-06$23.72$25.0080.6%25.4%62.5%100.0%101.5%-50.8%26.8%338.4K-18.3M-179.0K0.7962.11N/AN/A1,06083636,03711,475
2020-03-09$21.43$25.00100.7%27.3%68.3%100.0%98.9%-16.4%1.8%227.2K-10.8M-157.9K0.1948.49N/AN/A1,30024735,17910,793
2020-03-10$21.52$22.5099.0%26.9%64.5%97.0%100.4%32.3%-9.5%213.2K-10.3M-154.3K0.4851.26N/AN/A49623735,00610,708
2020-03-11$20.41$22.50103.5%27.2%65.6%100.0%96.4%-23.0%3.1%200.6K-8.7M-149.9K0.4941.82N/AN/A22611035,63210,594
2020-03-12$17.95$22.5078.3%24.4%76.9%56.4%117.9%-8.4%16.2%97.5K-1.1M-114.9K0.2177.15N/AN/A1,53332735,79310,586
2020-03-13$18.37$22.5074.6%26.0%78.3%50.0%95.5%-1.4%32.3%112.5K-2.4M-121.7K2.2045.54N/AN/A33072736,01610,509
2020-03-16$15.16$22.50132.4%34.9%99.0%100.0%128.7%108.9%-14.8%103.7K-1.2M-101.0K0.2587.70N/AN/A1,08727535,5999,973
2020-03-17$16.26$22.50114.8%32.5%104.6%79.7%127.4%-24.9%-6.4%119.5K-2.7M-110.6K0.2446.88N/AN/A1,21728735,7669,991
2020-03-18$18.27$22.50118.8%34.1%116.0%84.3%153.4%-21.9%23.1%162.5K-9.7M-135.7K2.8773.28N/AN/A7502,15036,5159,965
2020-03-19$19.20$22.50132.9%37.2%118.5%100.0%132.7%-5.0%13.8%193.5K-9.4M-148.7K1.1682.47N/AN/A79692136,66711,653
2020-03-20$18.74$22.50104.6%32.0%117.6%67.5%122.1%-26.9%-16.1%189.8K-9.1M-134.7K1.5174.95N/AN/A33650936,6999,693
2020-03-23$19.28$22.50121.1%34.3%118.1%86.4%130.0%-33.8%14.2%205.1K-12.1M-136.0K0.0945.09N/AN/A1,06310033,7568,685
2020-03-24$21.19$20.00118.7%31.1%122.6%83.7%109.5%-25.8%6.4%259.1K-13.7M-141.3K0.1344.89N/AN/A5106633,5928,717
2020-03-25$20.66$21.00140.8%26.4%122.8%100.0%119.3%-14.2%-24.7%251.5K-13.2M-137.6K0.0588.12N/AN/A1,3277033,6818,738
2020-03-26$20.65$21.00101.0%29.4%121.8%58.1%95.9%8.9%30.3%222.8K-11.0M-131.1K0.1871.36N/AN/A82415234,5128,752
2020-03-27$20.51$21.00111.2%26.7%121.6%68.8%107.6%46.4%20.3%235.5K-10.1M-128.4K0.4574.95N/AN/A90940535,0438,780
2020-03-30$20.07$21.00104.0%32.3%121.0%61.3%84.7%-35.9%41.2%192.0K-10.2M-128.8K0.0372.43N/AN/A1,6064634,8628,999
2020-03-31$19.39$20.50116.0%28.7%121.4%73.9%97.3%29.5%-14.0%200.5K-9.0M-124.2K0.3985.11N/AN/A35514036,2689,011