EWC Options History — February 2010

In February 2010, EWC traded between $24.25 and $26.44. ATM implied volatility averaged 25.8%, placing in the 20.8% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 3.5% (HV 20d: 22.2%). Max pain ranged from $25.00 to $27.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 15 of 19 days. Put/call ratio averaged 4.56.

Notable Days

  • 2010-02-03: Highest Volume — 13,035 contracts
  • 2010-02-04: Largest IV spike — 13.3% change
  • 2010-02-08: Highest IV Rank — 30.5%
  • 2010-02-08: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.44$24.25$26.44$24.90$25.91
Max Pain$26.63$25.00$27.00$26.00$27.00
ATM IV25.8%22.0%29.5%27.8%22.0%
Expected Move7.4%6.3%9.0%8.0%6.3%
HV 20d22.2%18.6%24.9%20.3%22.8%
HV 60d21.8%21.0%22.7%21.8%21.0%
IV Rank20.8%11.0%30.5%26.0%11.0%
IV Percentile12.4%4.0%27.8%15.9%4.0%
Term Structure1.1%-1.8%4.2%-0.8%1.4%
VWIV25.5%21.1%31.9%21.1%21.6%
Skew 25d5.0%-0.9%9.3%3.1%5.3%
Skew 10d12.5%2.7%21.5%9.5%12.4%
Call IV 25d23.2%19.8%28.3%25.6%19.8%
Put IV 25d28.1%21.3%34.4%28.7%25.1%
Bid-Ask Spread %22.4616.4136.1032.2821.96
Gamma HHI0.270.240.330.270.33
Net GEX-2.1M-2.7M-930.4K-948.3K-2.7M
Net DEX27.4M8.9M50.0M25.5M20.1M
Net VEX-261.1K-279.3K-234.5K-234.5K-253.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.560.0245.001.400.08
Total Volume1,511.84215013,0351,264362
Total OI75,790.63262,54179,58562,54177,912

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-02-01$24.90$26.0027.8%8.0%20.3%26.0%21.1%3.1%-0.8%-948.3K25.5M-234.5K1.4032.28N/AN/A52673830,46932,072
2010-02-02$25.20$25.0025.4%7.3%18.9%19.9%25.5%6.5%-0.3%-930.4K21.7M-243.8K2.1924.54N/AN/A24754130,76632,502
2010-02-03$25.09$25.0024.7%7.1%18.6%18.1%23.6%2.9%1.6%-948.7K21.8M-242.9K24.0227.27N/AN/A52112,51430,88732,871
2010-02-04$24.33$25.0028.0%8.0%20.4%26.7%24.7%-0.9%2.1%-2.3M49.4M-267.0K0.7236.10N/AN/A56540631,33145,362
2010-02-05$24.50$27.0029.1%8.2%20.9%29.5%31.9%4.2%0.9%-2.3M49.0M-268.3K0.9617.61N/AN/A93089531,74645,581
2010-02-08$24.25$27.0029.5%9.0%20.6%30.5%30.5%6.8%-1.8%-2.4M50.0M-258.7K0.6416.95N/AN/A1378832,13046,203
2010-02-09$24.73$27.0026.6%7.9%22.5%22.9%29.6%8.3%0.7%-2.5M44.2M-267.8K1.1025.68N/AN/A64971232,23146,234
2010-02-10$24.92$27.0028.0%8.3%22.4%26.4%28.5%9.3%-1.6%-2.6M41.5M-271.7K0.0227.28N/AN/A282632,65146,890
2010-02-11$25.49$27.0025.5%7.3%23.8%20.1%26.9%5.0%4.2%-2.6M30.0M-279.3K0.6324.06N/AN/A1519532,63446,855
2010-02-12$25.50$27.0027.5%7.9%23.7%25.2%24.4%4.4%0.8%-2.4M29.3M-278.8K0.1819.05N/AN/A1673032,67746,858
2010-02-16$26.08$27.0025.9%7.4%24.9%21.2%27.3%5.4%0.8%-1.9M16.5M-275.8K3.9621.30N/AN/A5262,08432,59346,865
2010-02-17$26.11$27.0025.5%7.3%24.9%20.1%23.9%5.0%2.0%-1.8M15.5M-271.9K0.2617.43N/AN/A1193132,56646,713
2010-02-18$26.42$27.0025.7%7.4%23.9%20.7%25.7%5.6%1.0%-1.8M9.5M-267.6K0.8127.01N/AN/A59848232,55946,729
2010-02-19$26.44$27.0023.8%6.8%22.6%15.6%24.4%4.3%4.0%-1.7M8.9M-267.9K1.3716.41N/AN/A23131632,74946,836
2010-02-22$26.28$27.0023.5%6.7%21.2%14.8%23.8%4.8%2.5%-2.3M11.8M-254.4K0.2019.04N/AN/A52210731,03544,273
2010-02-23$25.62$27.0023.0%6.6%23.4%13.5%23.3%5.1%2.3%-2.5M25.1M-253.0K2.7316.92N/AN/A5991,63831,31144,247
2010-02-24$25.72$27.0023.9%6.8%23.4%15.8%23.3%5.5%0.1%-2.7M26.6M-254.6K0.2717.50N/AN/A2456731,90145,373
2010-02-25$25.83$27.0024.2%6.9%23.3%16.5%24.6%4.0%1.9%-2.7M24.2M-250.1K45.0018.32N/AN/A1358532,03745,373
2010-02-26$25.91$27.0022.0%6.3%22.8%11.0%21.6%5.3%1.4%-2.7M20.1M-253.1K0.0821.96N/AN/A3352732,03145,881