EVCM Options History — May 2023

In May 2023, EVCM traded between $11.48 and $12.74. ATM implied volatility averaged 56.7%, placing in the 19.0% IV rank vs the trailing year. The 30-day expected move averaged 15.6%. IV traded above realized volatility by 4.7% (HV 20d: 52.0%). Max pain ranged from $2.50 to $7.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.11.

Notable Days

  • 2023-05-23: Highest Volume — 88 contracts
  • 2023-05-12: Largest IV spike — 53.9% change
  • 2023-05-01: Highest IV Rank — 36.1%
  • 2023-05-01: Largest Expected Move — 21.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.03$11.48$12.74$11.98$11.93
Max Pain$3.18$2.50$7.50$7.50$2.50
ATM IV56.7%38.8%73.7%73.7%66.7%
Expected Move15.6%11.1%21.1%21.1%19.1%
HV 20d52.0%33.1%62.5%62.5%42.2%
HV 60d65.0%63.2%66.9%64.6%66.8%
IV Rank19.0%0.9%36.1%36.1%29.1%
IV Percentile41.1%1.1%82.2%82.2%70.3%
Term Structure3.5%-25.3%85.1%-16.8%0.6%
VWIV62.0%42.3%96.3%96.3%47.5%
Skew 25d0.5%-20.8%31.4%-20.8%14.9%
Skew 10d-1.2%-26.9%31.1%-24.3%4.8%
Call IV 25d54.3%34.8%83.0%83.0%67.2%
Put IV 25d54.8%39.8%88.6%62.2%82.1%
Bid-Ask Spread %113.98100.86126.69112.00125.05
Gamma HHI0.420.300.580.300.52
Net GEX1.4K6822.2K1.3K1.7K
Net DEX-100.2K-135.9K-72.2K-104.1K-89.7K
Net VEX-152-272-104-143-236
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.110.001.000.000.00
Total Volume6.86408800
Total OI168.588189169176

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$11.98$7.5073.7%21.1%62.5%36.1%0.0%-20.8%-16.8%1.3K-104.1K-1430.00112.00N/AN/A0014524
2023-05-02$12.05$7.5068.1%19.5%61.6%30.5%0.0%-10.6%-12.3%1.3K-105.6K-1360.00111.49N/AN/A1014524
2023-05-03$12.09$7.5072.6%20.8%61.6%35.0%0.0%12.0%-11.7%1.4K-109.3K-1390.00107.33N/AN/A0014624
2023-05-04$12.11$2.5068.3%14.1%56.9%30.7%0.0%-5.5%11.1%1.3K-106.7K-1320.00100.86N/AN/A1014624
2023-05-05$12.25$2.5064.7%16.5%56.7%27.1%96.3%31.4%-5.6%1.4K-111.9K-1310.00106.03N/AN/A1014724
2023-05-08$12.30$2.5070.8%17.0%55.7%33.2%0.0%-3.6%-7.2%1.4K-112.1K-1240.00105.00N/AN/A3014624
2023-05-09$12.32$2.5065.2%15.2%55.2%27.5%0.0%-7.3%-3.4%1.3K-112.5K-1120.00106.85N/AN/A21014424
2023-05-10$12.74$2.5045.2%13.0%56.0%7.4%0.0%8.1%7.5%2.2K-135.9K-1300.00111.26N/AN/A20016524
2023-05-11$12.25$2.5039.1%11.2%57.7%1.3%42.3%5.3%9.7%1.5K-113.0K-1240.00113.94N/AN/A1015824
2023-05-12$11.53$2.5060.3%17.3%62.0%22.6%0.0%23.9%-25.3%1.4K-96.2K-1270.00117.86N/AN/A0015824
2023-05-15$11.66$2.5052.1%15.0%62.1%14.4%0.0%-8.5%-5.6%1.4K-98.0K-1190.00113.76N/AN/A0015824
2023-05-16$11.48$2.5042.7%12.2%62.2%4.8%0.0%-4.1%9.8%1.5K-95.3K-1190.00113.95N/AN/A0315824
2023-05-17$11.57$2.5038.8%11.1%62.3%0.9%0.0%-1.4%10.6%837-95.7K-1050.00111.37N/AN/A0515821
2023-05-18$11.76$2.5052.4%15.0%62.4%14.7%0.0%-2.6%85.1%770-98.0K-1160.00119.53N/AN/A0015826
2023-05-19$11.79$2.5045.5%13.0%33.1%7.6%47.5%-3.3%24.1%785-99.2K-1121.00120.34N/AN/A1115826
2023-05-22$12.16$2.5056.4%16.2%35.1%18.6%0.0%-5.7%-12.5%840-72.2K-1040.00115.07N/AN/A05817
2023-05-23$12.60$2.5043.8%12.6%36.8%6.0%0.0%-0.4%23.9%682-75.8K-1090.00114.69N/AN/A880817
2023-05-24$12.27$2.5053.6%15.4%37.6%15.8%0.0%-18.6%-10.4%2.1K-97.4K-2700.00111.82N/AN/A001697
2023-05-25$11.71$2.5060.0%17.2%40.5%22.3%0.0%-1.5%1.1%1.9K-78.3K-2130.00122.61N/AN/A001697
2023-05-26$12.09$2.5046.4%13.3%42.2%8.6%0.0%-0.9%3.3%2.1K-99.8K-2720.00119.98N/AN/A001697
2023-05-30$11.99$2.5061.6%17.6%42.2%23.9%0.0%10.2%1.0%2.2K-98.2K-2620.00126.69N/AN/A001697
2023-05-31$11.93$2.5066.7%19.1%42.2%29.1%0.0%14.9%0.6%1.7K-89.7K-2360.00125.05N/AN/A001697