EVCM Options History — January 2024

In January 2024, EVCM traded between $9.79 and $10.54. ATM implied volatility averaged 36.3%, placing in the 16.5% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 7.1% (HV 20d: 29.3%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2024-01-31: Highest Volume — 70 contracts
2024-01-29: Largest IV spike — 8.2% change
2024-01-10: Highest IV Rank — 19.5%
2024-01-09: Largest Expected Move — 11.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$10.13	$9.79	$10.54	$10.54	$9.79
Max Pain	$10.00	$10.00	$10.00	$10.00	$10.00
ATM IV	36.3%	34.1%	39.1%	36.8%	34.9%
Expected Move	10.6%	9.8%	11.5%	10.6%	10.0%
HV 20d	29.3%	23.9%	37.0%	35.2%	23.9%
HV 60d	49.3%	49.0%	49.9%	49.0%	49.9%
IV Rank	16.5%	14.1%	19.5%	17.0%	14.9%
IV Percentile	11.8%	7.9%	16.7%	11.1%	9.5%
Term Structure	12.0%	-1.1%	34.3%	-1.1%	34.3%
VWIV	36.8%	36.3%	37.7%	36.3%	37.7%
Skew 25d	7.9%	-3.9%	40.0%	-2.5%	7.9%
Skew 10d	20.6%	6.6%	112.4%	72.0%	8.0%
Call IV 25d	36.6%	29.6%	65.5%	40.2%	41.1%
Put IV 25d	44.5%	37.7%	79.4%	37.7%	49.0%
Bid-Ask Spread %	56.38	19.62	112.87	112.87	63.29
Gamma HHI	0.95	0.91	0.97	0.91	0.97
Net GEX	4.7K	3.6K	5.3K	3.6K	5.3K
Net DEX	-168.8K	-187.1K	-135.0K	-166.3K	-135.0K
Net VEX	-615	-667	-542	-543	-542
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	6.905	0	70	36	70
Total OI	300.667	255	307	255	289

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI	Put OI
2024-01-02	$10.54	$10.00	36.8%	10.6%	35.2%	17.0%	36.3%	-2.5%	-1.1%	3.6K	-166.3K	-543	112.87	N/A	N/A	36	245	10
2024-01-03	$10.23	$10.00	36.5%	10.5%	37.0%	16.6%	0.0%	-3.9%	2.9%	4.4K	-179.2K	-667	90.43	N/A	N/A	0	295	10
2024-01-04	$10.20	$10.00	36.5%	11.5%	36.6%	16.6%	0.0%	16.0%	7.2%	4.3K	-173.5K	-665	97.48	N/A	N/A	0	295	10
2024-01-05	$10.02	$10.00	34.9%	11.1%	36.4%	15.0%	0.0%	7.6%	23.5%	4.3K	-165.4K	-658	36.96	N/A	N/A	0	295	10
2024-01-08	$10.19	$10.00	34.9%	11.2%	36.4%	14.9%	0.0%	8.1%	13.5%	4.4K	-177.6K	-650	63.67	N/A	N/A	0	295	10
2024-01-09	$10.09	$10.00	37.1%	11.5%	30.1%	17.4%	0.0%	22.6%	7.2%	4.2K	-173.5K	-645	94.59	N/A	N/A	2	295	10
2024-01-10	$10.05	$10.00	39.1%	11.2%	28.9%	19.5%	0.0%	8.4%	9.0%	4.6K	-169.4K	-647	19.62	N/A	N/A	0	297	10
2024-01-11	$10.11	$10.00	37.4%	10.7%	28.8%	17.7%	0.0%	6.5%	9.6%	4.9K	-170.5K	-647	91.90	N/A	N/A	0	297	10
2024-01-12	$10.07	$10.00	35.0%	10.0%	27.4%	15.0%	0.0%	5.7%	11.7%	4.7K	-169.4K	-642	88.22	N/A	N/A	2	297	10
2024-01-16	$10.00	$10.00	36.4%	10.4%	27.5%	16.6%	36.4%	7.5%	10.0%	4.6K	-162.8K	-628	72.42	N/A	N/A	2	295	10
2024-01-17	$9.98	$10.00	38.2%	11.0%	27.3%	18.5%	0.0%	7.5%	8.8%	4.7K	-159.0K	-624	64.94	N/A	N/A	0	295	10
2024-01-18	$10.01	$10.00	37.7%	10.8%	27.4%	18.0%	37.7%	5.6%	24.2%	4.6K	-165.0K	-620	51.95	N/A	N/A	1	295	10
2024-01-19	$10.13	$10.00	37.9%	10.9%	27.1%	18.2%	0.0%	6.5%	19.3%	4.8K	-170.0K	-622	27.39	N/A	N/A	0	296	10
2024-01-22	$10.27	$10.00	36.0%	10.3%	27.6%	16.1%	0.0%	5.9%	10.5%	4.7K	-187.1K	-599	45.33	N/A	N/A	0	295	10
2024-01-23	$10.34	$10.00	35.9%	10.3%	27.3%	16.1%	0.0%	4.0%	9.1%	5.2K	-185.5K	-606	29.40	N/A	N/A	0	295	10
2024-01-24	$10.11	$10.00	34.1%	9.8%	27.9%	14.1%	0.0%	3.0%	17.1%	4.6K	-164.4K	-606	28.12	N/A	N/A	0	295	10
2024-01-25	$10.08	$10.00	34.9%	10.0%	24.7%	14.9%	0.0%	2.9%	7.7%	5.0K	-171.3K	-598	34.49	N/A	N/A	0	295	10
2024-01-26	$10.09	$10.00	34.6%	9.9%	24.3%	14.6%	0.0%	2.9%	9.5%	5.0K	-167.7K	-599	23.87	N/A	N/A	25	295	10
2024-01-29	$10.32	$10.00	37.5%	10.7%	26.2%	17.7%	0.0%	40.0%	8.1%	5.0K	-170.6K	-553	22.89	N/A	N/A	7	279	10
2024-01-30	$10.11	$10.00	36.8%	10.5%	26.7%	17.0%	0.0%	2.8%	9.3%	5.0K	-160.8K	-549	24.12	N/A	N/A	0	279	10
2024-01-31	$9.79	$10.00	34.9%	10.0%	23.9%	14.9%	0.0%	7.9%	34.3%	5.3K	-135.0K	-542	63.29	N/A	N/A	70	279	10