EWC Options History — June 2013

In June 2013, EWC traded between $25.91 and $28.01. ATM implied volatility averaged 17.8%, placing in the 54.9% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded above realized volatility by 2.0% (HV 20d: 15.8%). Max pain ranged from $27.00 to $28.00. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 26.89.

Notable Days

  • 2013-06-20: Highest Volume — 7,209 contracts
  • 2013-06-11: Largest IV spike — 33.8% change
  • 2013-06-20: Highest IV Rank — 74.8%
  • 2013-06-12: Largest Expected Move — 6.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.09$25.91$28.01$28.01$26.15
Max Pain$27.80$27.00$28.00$27.00$28.00
ATM IV17.8%15.1%21.0%17.1%17.7%
Expected Move5.1%4.3%6.1%4.9%5.1%
HV 20d15.8%11.9%20.5%12.1%19.5%
HV 60d17.1%16.0%18.7%16.0%18.2%
IV Rank54.9%36.9%74.8%43.4%59.3%
IV Percentile70.2%44.4%92.9%64.3%74.6%
Term Structure0.0%-3.1%2.6%-0.7%-0.1%
VWIV18.1%9.9%21.1%20.1%17.5%
Skew 25d6.4%0.9%12.2%3.6%9.3%
Skew 10d8.3%1.8%18.9%1.8%6.2%
Call IV 25d14.1%9.1%18.0%15.6%9.1%
Put IV 25d20.6%17.2%24.7%19.2%18.4%
Bid-Ask Spread %53.1713.30104.8919.5513.30
Gamma HHI0.280.200.580.220.24
Net GEX295.2K-4.1M2.4M2.1M-556.4K
Net DEX2.3M-14.3M33.9M-14.3M8.9M
Net VEX-85.8K-114.3K-49.9K-114.0K-61.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio26.890.00412.670.000.16
Total Volume1,212.05297,20911488
Total OI41,764.7517,83253,01645,90619,753

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-06-03$28.01$27.0017.1%4.9%12.1%43.4%20.1%3.6%-0.7%2.1M-14.3M-114.0K0.0019.55N/AN/A114024,76221,144
2013-06-04$27.79$27.0017.3%5.0%12.4%44.4%9.9%6.8%-1.2%1.8M-10.0M-114.3K0.2717.56N/AN/A3569624,87621,144
2013-06-05$27.41$27.0021.0%6.0%13.1%62.1%21.0%0.9%-1.9%1.0M-2.4M-111.6K0.2518.81N/AN/A3739224,70821,165
2013-06-06$27.58$27.0016.9%4.8%12.1%45.1%18.9%6.7%0.8%1.4M-5.2M-111.4K0.2121.92N/AN/A1994225,01821,146
2013-06-07$27.66$28.0015.9%4.8%11.9%39.7%0.0%6.0%0.9%1.7M-8.0M-106.3K0.0916.26N/AN/A4524025,20921,186
2013-06-10$27.74$28.0015.6%4.9%12.0%39.7%0.0%8.5%0.4%2.2M-10.4M-98.1K0.0715.66N/AN/A27225,62021,211
2013-06-11$27.39$28.0020.9%5.7%12.7%67.2%18.1%5.5%-3.1%1.3M-2.1M-99.5K29.5727.37N/AN/A1614,76025,60621,211
2013-06-12$27.09$28.0020.0%6.1%13.2%62.8%20.9%5.9%-2.4%-644.1K8.5M-100.5K4.6765.19N/AN/A16275625,60624,893
2013-06-13$27.63$28.0015.1%4.3%15.0%36.9%0.0%6.1%2.6%1.4M-7.2M-93.0K0.0074.95N/AN/A302025,60624,921
2013-06-14$27.38$28.0019.2%5.5%15.3%67.0%16.3%6.7%-0.8%384.0K-338.2K-90.7K0.3474.73N/AN/A1,50051025,61024,921
2013-06-17$27.61$28.0016.7%4.8%15.6%52.3%0.0%7.4%1.5%1.5M-7.0M-90.3K18.4472.72N/AN/A1629527,11025,352
2013-06-18$27.72$28.0015.1%4.3%15.1%42.4%15.4%6.5%2.0%2.4M-11.5M-82.3K18.5471.49N/AN/A2444527,10125,326
2013-06-19$27.32$28.0018.7%5.4%15.9%65.3%17.7%5.7%-2.8%-139.6K-1.4M-77.2K3.0578.27N/AN/A15647627,11225,661
2013-06-20$26.42$28.0020.2%5.8%19.4%74.8%21.1%6.0%-1.1%-3.3M33.5M-68.3K44.0673.09N/AN/A1607,04927,16925,773
2013-06-21$26.32$28.0018.6%5.3%19.4%64.7%18.5%12.2%2.1%-4.1M33.9M-64.7K3.51104.89N/AN/A10135527,23425,782
2013-06-24$25.91$28.0019.0%5.4%19.9%67.2%20.7%9.3%-0.3%-745.6K12.6M-49.9K1.4099.13N/AN/A1,4782,0757,71910,113
2013-06-25$26.19$28.0018.3%5.2%20.5%62.6%17.9%8.6%0.8%-588.7K10.2M-62.3K0.0994.81N/AN/A189179,18510,163
2013-06-26$26.30$28.0015.8%4.5%20.5%47.3%0.0%2.0%1.8%-575.0K9.2M-59.2K412.6787.22N/AN/A31,2389,31310,170
2013-06-27$26.10$28.0016.7%4.8%20.3%52.8%16.7%4.7%1.6%-576.2K9.0M-61.5K0.4216.43N/AN/A93399,31610,380
2013-06-28$26.15$28.0017.7%5.1%19.5%59.3%17.5%9.3%-0.1%-556.4K8.9M-61.1K0.1613.30N/AN/A76129,34010,413