EVCM Options History — December 2023

In December 2023, EVCM traded between $9.46 and $11.18. ATM implied volatility averaged 36.6%, placing in the 16.0% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded below realized volatility by 4.9% (HV 20d: 41.5%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.01.

Notable Days

2023-12-13: Highest Volume — 78 contracts
2023-12-27: Largest IV spike — 62.6% change
2023-12-29: Highest IV Rank — 38.4%
2023-12-29: Largest Expected Move — 16.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$10.31	$9.46	$11.18	$9.67	$11.05
Max Pain	$10.00	$10.00	$10.00	$10.00	$10.00
ATM IV	36.6%	23.3%	56.4%	33.3%	56.4%
Expected Move	10.6%	8.6%	16.2%	9.5%	16.2%
HV 20d	41.5%	29.9%	76.5%	76.5%	31.3%
HV 60d	48.4%	47.9%	50.0%	48.7%	48.0%
IV Rank	16.0%	1.8%	38.4%	10.4%	38.4%
IV Percentile	12.7%	0.8%	53.2%	3.2%	53.2%
Term Structure	-7.0%	-55.3%	4.2%	-6.1%	-55.3%
VWIV	32.4%	31.3%	33.4%	31.3%	33.4%
Skew 25d	-2.0%	-45.9%	42.5%	42.5%	-45.9%
Skew 10d	15.0%	-15.6%	157.2%	30.3%	2.4%
Call IV 25d	43.0%	23.4%	70.5%	59.4%	70.5%
Put IV 25d	41.0%	24.6%	101.9%	101.9%	24.6%
Bid-Ask Spread %	88.71	33.05	124.92	75.99	124.92
Gamma HHI	0.89	0.68	0.95	0.70	0.89
Net GEX	2.8K	288	4.8K	326	3.7K
Net DEX	-116.0K	-201.2K	-5.5K	-5.7K	-192.9K
Net VEX	-389	-606	-37	-37	-532
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.01	0.00	0.12	0.00	0.00
Total Volume	13.9	0	78	0	0
Total OI	187.3	34	273	34	255

Daily Data (20 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
2023-12-01	$9.67	$10.00	33.3%	9.5%	76.5%	10.4%	0.0%	42.5%	-6.1%	326	-5.7K	-37	0.00	75.99	N/A	N/A	0	0	19	15
2023-12-04	$9.59	$10.00	28.9%	8.8%	76.4%	6.6%	0.0%	1.4%	2.6%	288	-5.5K	-37	0.00	81.34	N/A	N/A	26	0	19	15
2023-12-05	$9.46	$10.00	23.3%	9.0%	76.4%	1.8%	31.3%	-3.8%	1.4%	925	-13.8K	-77	0.00	92.52	N/A	N/A	3	0	45	15
2023-12-06	$9.70	$10.00	32.0%	8.6%	34.9%	10.7%	0.0%	4.0%	1.6%	1.1K	-18.6K	-83	0.00	81.27	N/A	N/A	0	0	47	15
2023-12-07	$9.58	$10.00	24.0%	9.5%	35.1%	2.8%	0.0%	22.8%	-3.2%	1.1K	-17.2K	-80	0.12	70.41	N/A	N/A	50	6	47	15
2023-12-08	$10.16	$10.00	30.5%	9.3%	38.8%	9.2%	0.0%	6.7%	2.0%	1.6K	-56.0K	-223	0.00	102.15	N/A	N/A	25	0	97	21
2023-12-11	$9.93	$10.00	35.3%	9.3%	40.7%	13.9%	0.0%	-3.2%	2.3%	2.0K	-62.0K	-285	0.00	76.48	N/A	N/A	16	0	122	21
2023-12-12	$10.02	$10.00	43.8%	10.3%	40.4%	22.3%	0.0%	6.2%	-1.1%	2.2K	-76.1K	-321	0.00	107.43	N/A	N/A	39	0	137	21
2023-12-13	$10.27	$10.00	35.0%	10.0%	40.1%	13.6%	33.4%	-10.0%	4.2%	2.8K	-110.5K	-408	0.00	109.16	N/A	N/A	78	0	175	21
2023-12-14	$10.28	$10.00	39.9%	11.5%	40.0%	18.5%	0.0%	12.1%	-5.1%	4.0K	-157.2K	-600	0.00	97.14	N/A	N/A	2	0	250	21
2023-12-15	$10.34	$10.00	34.1%	9.8%	38.4%	14.0%	0.0%	0.6%	1.8%	4.8K	-152.5K	-606	0.00	102.30	N/A	N/A	7	0	252	21
2023-12-18	$10.30	$10.00	34.1%	9.8%	37.6%	14.0%	0.0%	-6.3%	2.7%	3.6K	-158.0K	-579	0.00	101.09	N/A	N/A	2	0	245	10
2023-12-19	$10.46	$10.00	33.5%	9.6%	36.7%	13.4%	0.0%	-12.2%	2.8%	3.9K	-164.7K	-580	0.00	94.60	N/A	N/A	0	0	247	10
2023-12-20	$10.51	$10.00	32.9%	9.4%	34.4%	12.8%	0.0%	-17.0%	3.5%	3.8K	-172.1K	-566	0.00	76.42	N/A	N/A	10	0	247	10
2023-12-21	$10.64	$10.00	34.2%	9.8%	30.1%	14.1%	0.0%	5.3%	2.0%	4.2K	-177.6K	-587	0.00	33.05	N/A	N/A	0	0	257	10
2023-12-22	$10.74	$10.00	35.6%	10.2%	29.9%	15.8%	0.0%	-17.3%	-1.6%	4.0K	-183.6K	-584	0.00	78.34	N/A	N/A	0	0	257	10
2023-12-26	$11.09	$10.00	33.6%	9.6%	31.0%	13.5%	0.0%	-3.4%	-6.1%	3.9K	-201.2K	-561	0.00	76.64	N/A	N/A	14	0	257	10
2023-12-27	$11.18	$10.00	54.6%	15.7%	30.6%	36.4%	0.0%	0.6%	-44.4%	3.5K	-198.0K	-519	0.00	98.44	N/A	N/A	0	0	245	10
2023-12-28	$11.18	$10.00	56.2%	16.1%	30.5%	38.1%	0.0%	-23.2%	-43.4%	3.5K	-197.6K	-518	0.00	94.52	N/A	N/A	0	0	245	10
2023-12-29	$11.05	$10.00	56.4%	16.2%	31.3%	38.4%	0.0%	-45.9%	-55.3%	3.7K	-192.9K	-532	0.00	124.92	N/A	N/A	0	0	245	10