EVCM Options History — March 2023

In March 2023, EVCM traded between $8.53 and $10.91. ATM implied volatility averaged 65.8%, placing in the 28.2% IV rank vs the trailing year. The 30-day expected move averaged 16.3%. IV traded above realized volatility by 4.5% (HV 20d: 61.3%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 0.66.

Notable Days

2023-03-16: Highest Volume — 145 contracts
2023-03-15: Largest IV drop — 49.9% change
2023-03-14: Highest IV Rank — 65.2%
2023-03-01: Largest Expected Move — 23.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$9.82	$8.53	$10.91	$9.89	$10.57
Max Pain	$10.00	$10.00	$10.00	$10.00	$10.00
ATM IV	65.8%	45.5%	102.5%	82.9%	47.5%
Expected Move	16.3%	13.0%	23.8%	23.8%	13.6%
HV 20d	61.3%	21.6%	90.1%	32.8%	90.1%
HV 60d	50.8%	38.7%	60.7%	40.5%	59.2%
IV Rank	28.2%	7.7%	65.2%	45.4%	9.7%
IV Percentile	54.6%	5.3%	96.5%	92.4%	13.0%
Term Structure	-2.1%	-38.6%	12.3%	-38.6%	11.9%
VWIV	54.3%	46.8%	61.5%	47.2%	60.1%
Skew 25d	11.0%	-11.8%	47.9%	-0.7%	15.9%
Skew 10d	22.7%	-14.5%	64.0%	24.5%	31.1%
Call IV 25d	53.5%	34.9%	92.1%	92.1%	37.6%
Put IV 25d	64.5%	41.3%	95.2%	91.4%	53.5%
Bid-Ask Spread %	98.88	73.88	113.86	108.54	112.16
Gamma HHI	0.39	0.32	0.53	0.32	0.43
Net GEX	715	328	1.2K	376	1.2K
Net DEX	-39.6K	-56.8K	-23.7K	-37.6K	-55.0K
Net VEX	-98	-152	-75	-84	-104
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.66	0.00	4.00	0.00	0.00
Total Volume	9.217	0	145	0	0
Total OI	106.217	68	175	68	138

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2023-03-01	$9.89	$10.00	82.9%	23.8%	32.8%	45.4%	0.0%	-0.7%	-38.6%	376	-37.6K	-84	0.00	108.54	N/A	N/A	0	0	56	12
2023-03-02	$9.71	$10.00	71.7%	20.5%	25.4%	34.1%	0.0%	8.0%	-14.7%	374	-33.5K	-86	0.00	103.70	N/A	N/A	0	0	57	12
2023-03-03	$9.99	$10.00	64.1%	18.4%	27.9%	26.5%	0.0%	8.9%	-11.6%	405	-35.5K	-84	0.00	90.68	N/A	N/A	0	0	57	12
2023-03-06	$10.00	$0.00	63.1%	13.0%	25.6%	25.4%	0.0%	16.1%	0.4%	421	-35.7K	-83	0.00	113.86	N/A	N/A	0	0	57	12
2023-03-07	$9.81	$0.00	74.0%	15.2%	23.3%	36.4%	0.0%	20.2%	2.4%	391	-35.9K	-82	0.00	93.24	N/A	N/A	0	0	57	12
2023-03-08	$9.66	$0.00	78.6%	15.1%	23.1%	41.1%	0.0%	2.9%	1.9%	405	-33.5K	-78	0.00	102.59	N/A	N/A	8	0	57	12
2023-03-09	$9.40	$0.00	84.4%	16.7%	21.6%	46.9%	0.0%	15.7%	-1.3%	378	-31.2K	-78	0.00	73.88	N/A	N/A	0	1	57	12
2023-03-10	$8.53	$0.00	91.4%	18.3%	39.2%	54.0%	0.0%	4.8%	0.9%	328	-23.7K	-75	0.00	77.23	N/A	N/A	0	0	57	13
2023-03-13	$8.85	$0.00	100.6%	17.4%	42.5%	63.3%	0.0%	3.8%	-1.0%	374	-25.7K	-77	0.00	77.24	N/A	N/A	0	5	57	13
2023-03-14	$9.07	$0.00	102.5%	16.7%	43.6%	65.2%	0.0%	0.3%	0.8%	392	-27.9K	-76	0.00	85.59	N/A	N/A	0	0	57	16
2023-03-15	$8.93	$0.00	51.3%	14.7%	43.0%	13.6%	47.2%	-10.2%	9.9%	373	-26.9K	-75	4.00	113.81	N/A	N/A	1	4	57	16
2023-03-16	$10.91	$10.00	58.5%	16.8%	85.5%	20.8%	50.3%	33.1%	7.7%	476	-45.2K	-75	0.41	88.61	N/A	N/A	103	42	59	18
2023-03-17	$10.36	$10.00	56.4%	16.2%	87.6%	18.7%	56.8%	33.6%	12.3%	1.1K	-56.8K	-152	1.13	107.63	N/A	N/A	8	9	124	51
2023-03-20	$10.00	$10.00	58.5%	16.8%	88.5%	20.8%	57.7%	-4.3%	-16.1%	852	-44.4K	-99	0.70	89.16	N/A	N/A	10	7	106	36
2023-03-21	$10.13	$10.00	55.5%	15.9%	88.2%	17.8%	0.0%	20.8%	6.5%	1.2K	-50.1K	-151	0.00	96.44	N/A	N/A	0	0	116	35
2023-03-22	$10.04	$10.00	47.0%	13.5%	88.2%	9.2%	0.0%	6.8%	9.1%	1.0K	-42.0K	-114	0.00	110.84	N/A	N/A	0	0	106	35
2023-03-23	$9.98	$10.00	46.8%	13.4%	88.2%	9.0%	46.8%	-5.1%	-2.8%	1.1K	-41.4K	-109	0.00	97.05	N/A	N/A	2	0	106	35
2023-03-24	$9.75	$10.00	61.5%	17.6%	88.5%	23.8%	61.5%	47.9%	-26.1%	1.0K	-43.1K	-125	0.33	101.12	N/A	N/A	3	1	108	35
2023-03-27	$10.07	$10.00	56.5%	16.2%	89.3%	18.8%	60.1%	19.7%	-4.1%	1.1K	-45.7K	-115	0.00	102.78	N/A	N/A	2	0	107	34
2023-03-28	$9.96	$10.00	45.5%	13.0%	89.4%	7.7%	0.0%	1.1%	2.0%	1.0K	-42.7K	-108	0.00	111.20	N/A	N/A	0	0	108	34
2023-03-29	$10.10	$10.00	60.4%	17.3%	89.4%	22.7%	0.0%	25.0%	-2.0%	1.1K	-50.6K	-118	0.00	110.54	N/A	N/A	2	0	108	34
2023-03-30	$10.09	$10.00	54.6%	15.6%	89.2%	16.8%	0.0%	-11.8%	3.9%	1.1K	-47.4K	-110	0.00	106.41	N/A	N/A	4	0	108	34
2023-03-31	$10.57	$10.00	47.5%	13.6%	90.1%	9.7%	0.0%	15.9%	11.9%	1.2K	-55.0K	-104	0.00	112.16	N/A	N/A	0	0	104	34