EVCM Options History — February 2026

In February 2026, EVCM traded between $9.71 and $12.06. ATM implied volatility averaged 129.7%, placing in the 42.9% IV rank vs the trailing year. The 30-day expected move averaged 34.3%. IV traded above realized volatility by 77.4% (HV 20d: 52.3%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 10 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 9.31.

Notable Days

  • 2026-02-23: Highest Volume — 31 contracts
  • 2026-02-04: Largest IV spike — 28.6% change
  • 2026-02-09: Highest IV Rank — 59.8%
  • 2026-02-23: Largest Expected Move — 42.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.51$9.71$12.06$12.06$11.40
Max Pain$12.89$12.50$15.00$15.00$12.50
ATM IV129.7%103.5%171.8%123.1%111.5%
Expected Move34.3%29.7%42.3%35.3%32.0%
HV 20d52.3%38.8%62.2%38.8%62.1%
HV 60d62.0%58.9%74.3%71.3%62.4%
IV Rank42.9%32.3%59.8%40.2%35.5%
IV Percentile93.2%85.7%98.4%95.6%88.1%
Term Structure-31.8%-69.3%15.3%-19.4%10.2%
VWIV105.5%100.3%110.7%100.3%110.7%
Skew 25d44.0%-29.5%89.8%83.8%72.0%
Skew 10d50.7%-14.3%135.6%10.9%26.5%
Call IV 25d92.9%66.1%140.1%74.4%82.3%
Put IV 25d137.0%89.8%178.5%158.1%154.3%
Bid-Ask Spread %133.59121.21142.83133.51131.86
Gamma HHI0.270.140.350.350.17
Net GEX96-348566523-348
Net DEX88.2K31.7K138.0K66.9K39.0K
Net VEX-228-400-155-400-201
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio9.310.2530.000.255.00
Total Volume5.263031020
Total OI659.842394745737469

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$12.06$15.00123.1%35.3%38.8%40.2%0.0%83.8%-19.4%52366.9K-4000.00133.51N/AN/A00162575
2026-02-03$10.87$15.00112.6%32.3%52.8%36.0%0.0%-3.8%-24.4%247101.5K-2940.00121.21N/AN/A00162575
2026-02-04$10.97$15.00144.8%41.5%52.9%48.9%0.0%89.8%-22.3%56698.8K-2760.00136.55N/AN/A00162575
2026-02-05$10.70$12.50155.5%32.6%51.1%53.3%0.0%68.9%-21.7%28794.8K-3040.00137.04N/AN/A02162575
2026-02-06$10.71$12.50156.0%31.9%51.1%53.4%0.0%22.3%-17.2%29692.9K-3110.00142.83N/AN/A00162577
2026-02-09$10.23$12.50171.8%31.7%53.0%59.8%0.0%63.2%-50.8%225102.3K-2550.00139.21N/AN/A00162577
2026-02-10$10.44$12.50149.0%30.6%53.9%50.6%0.0%20.1%-33.9%260106.6K-2470.00140.49N/AN/A00162577
2026-02-11$10.20$12.50109.4%31.4%54.2%34.7%0.0%20.0%-52.0%237100.0K-2490.00139.22N/AN/A00162577
2026-02-12$10.00$12.50121.1%34.7%53.9%39.4%0.0%74.5%-57.8%300107.1K-2100.00139.47N/AN/A00162577
2026-02-13$10.12$12.50116.3%33.3%51.5%37.4%0.0%77.1%-59.3%201105.2K-2300.00135.95N/AN/A00162577
2026-02-17$9.88$12.50104.2%29.9%49.9%32.6%0.0%12.7%-39.9%-41125.3K-1680.00126.33N/AN/A02162577
2026-02-18$9.75$12.50131.5%37.7%47.7%43.6%0.0%21.3%-69.3%-91128.4K-1640.00129.98N/AN/A00162579
2026-02-19$9.71$12.50131.9%37.8%46.4%43.7%0.0%45.2%-30.6%-88131.4K-1550.25129.56N/AN/A41161579
2026-02-20$10.30$12.50126.3%36.2%51.5%41.5%0.0%44.4%-43.0%-100138.0K-1562.00133.18N/AN/A24165580
2026-02-23$9.98$12.50147.6%42.3%51.9%50.1%0.0%29.4%-53.6%-12831.7K-17730.00132.44N/AN/A13033361
2026-02-24$10.20$12.50131.0%37.6%53.2%43.4%0.0%-29.5%-33.6%-13831.8K-1795.00129.27N/AN/A42032391
2026-02-25$10.72$12.50118.1%33.9%56.3%38.2%100.3%42.3%-0.1%-22336.3K-1820.00130.47N/AN/A01033414
2026-02-26$11.51$12.50103.5%29.7%62.2%32.3%0.0%83.0%15.3%-16038.2K-1760.00129.55N/AN/A0033424
2026-02-27$11.40$12.50111.5%32.0%62.1%35.5%110.7%72.0%10.2%-34839.0K-2010.00131.86N/AN/A02033436