EVCM Options History — August 2025

In August 2025, EVCM traded between $10.00 and $11.56. ATM implied volatility averaged 76.3%, placing in the 16.0% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded above realized volatility by 21.1% (HV 20d: 55.2%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2025-08-29: Highest Volume — 2 contracts
2025-08-07: Largest IV spike — 122.5% change
2025-08-11: Highest IV Rank — 64.5%
2025-08-07: Largest Expected Move — 25.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$10.87	$10.00	$11.56	$10.00	$11.56
Max Pain	$10.75	$10.00	$12.50	$12.50	$12.50
ATM IV	76.3%	32.3%	271.5%	85.2%	39.0%
Expected Move	13.4%	9.2%	25.8%	24.4%	11.2%
HV 20d	55.2%	40.7%	60.5%	40.7%	51.2%
HV 60d	40.5%	34.7%	42.2%	36.5%	42.0%
IV Rank	16.0%	3.3%	64.5%	15.9%	6.0%
IV Percentile	48.0%	7.1%	99.6%	90.5%	23.0%
Term Structure	-8.9%	-51.1%	13.3%	-39.1%	-15.4%
VWIV	44.9%	27.4%	74.3%	27.4%	74.3%
Skew 25d	0.4%	-33.6%	25.8%	-4.9%	6.7%
Skew 10d	18.4%	-13.5%	134.9%	9.0%	-2.2%
Call IV 25d	60.3%	32.2%	122.3%	122.3%	51.2%
Put IV 25d	60.8%	30.6%	117.5%	117.5%	57.9%
Bid-Ask Spread %	115.73	101.48	130.52	119.47	120.92
Gamma HHI	0.70	0.50	0.87	0.83	0.70
Net GEX	202	-161	936	499	-161
Net DEX	-114	-22.7K	4.7K	-414	3.7K
Net VEX	-34	-65	-24	-45	-26
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	0.238	0	2	0	2
Total OI	40.19	14	64	63	14

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
2025-08-01	$10.00	$12.50	85.2%	24.4%	40.7%	15.9%	0.0%	-4.9%	-39.1%	499	-414	-45	119.47	N/A	N/A	0	53	10
2025-08-04	$10.26	$0.00	65.6%	9.2%	41.2%	10.8%	27.4%	18.4%	9.3%	380	3.0K	-35	120.97	N/A	N/A	1	53	10
2025-08-05	$10.03	$10.00	46.1%	14.2%	41.5%	5.7%	0.0%	19.4%	1.7%	9	4.6K	-27	101.48	N/A	N/A	0	54	10
2025-08-06	$10.25	$10.00	88.5%	13.0%	42.4%	16.8%	0.0%	-26.1%	-6.2%	545	538	-39	121.86	N/A	N/A	0	54	10
2025-08-07	$11.35	$10.00	197.0%	25.8%	56.2%	45.1%	0.0%	11.6%	-49.4%	617	-22.7K	-65	130.52	N/A	N/A	0	54	10
2025-08-08	$10.90	$10.00	165.2%	19.5%	56.8%	36.8%	0.0%	-18.5%	-51.1%	755	-12.6K	-55	114.30	N/A	N/A	0	54	10
2025-08-11	$10.46	$10.00	271.5%	18.0%	58.6%	64.5%	0.0%	3.2%	1.0%	605	-11.6K	-48	126.35	N/A	N/A	0	54	10
2025-08-12	$10.55	$10.00	168.7%	10.6%	58.7%	58.4%	0.0%	-8.3%	13.3%	750	-4.1K	-40	120.45	N/A	N/A	0	54	10
2025-08-13	$10.90	$10.00	38.0%	10.9%	59.1%	5.6%	0.0%	-7.9%	7.0%	936	-5.4K	-38	122.38	N/A	N/A	0	54	10
2025-08-14	$10.55	$10.00	44.9%	12.9%	58.7%	8.4%	0.0%	-2.7%	8.1%	485	1.9K	-29	119.38	N/A	N/A	0	54	10
2025-08-15	$10.75	$10.00	32.3%	9.3%	59.2%	3.3%	0.0%	-16.2%	8.5%	-83	4.7K	-26	109.23	N/A	N/A	0	54	10
2025-08-18	$10.80	$10.00	46.3%	13.3%	59.2%	9.0%	0.0%	13.1%	-8.0%	-97	4.7K	-25	108.06	N/A	N/A	0	4	10
2025-08-19	$10.87	$10.00	33.9%	9.7%	58.6%	4.0%	0.0%	-33.6%	9.0%	-101	4.7K	-24	118.87	N/A	N/A	0	4	10
2025-08-20	$10.80	$10.00	33.0%	9.5%	58.3%	3.6%	33.2%	4.8%	7.1%	-98	4.4K	-26	104.98	N/A	N/A	1	4	10
2025-08-21	$11.18	$10.00	51.9%	14.9%	59.6%	11.2%	0.0%	25.8%	6.3%	-106	3.8K	-28	107.75	N/A	N/A	0	5	10
2025-08-22	$11.54	$10.00	34.8%	10.0%	60.4%	4.3%	74.3%	4.8%	-10.3%	-129	2.3K	-29	123.01	N/A	N/A	1	5	10
2025-08-25	$11.42	$12.50	38.2%	11.0%	60.5%	5.7%	0.0%	5.5%	-18.4%	-124	3.9K	-27	108.87	N/A	N/A	0	4	10
2025-08-26	$11.27	$12.50	40.2%	11.5%	60.2%	6.5%	0.0%	2.5%	-20.1%	-137	3.8K	-27	111.69	N/A	N/A	0	4	10
2025-08-27	$11.39	$12.50	43.3%	12.4%	59.2%	7.8%	0.0%	6.7%	-21.6%	-150	4.6K	-25	109.57	N/A	N/A	0	4	10
2025-08-28	$11.41	$12.50	39.3%	11.3%	58.7%	6.2%	0.0%	4.8%	-17.8%	-150	3.9K	-27	110.21	N/A	N/A	0	4	10
2025-08-29	$11.56	$12.50	39.0%	11.2%	51.2%	6.0%	0.0%	6.7%	-15.4%	-161	3.7K	-26	120.92	N/A	N/A	2	4	10