EWC Options History — October 2013

In October 2013, EWC traded between $27.96 and $29.44. ATM implied volatility averaged 13.3%, placing in the 40.5% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded above realized volatility by 3.1% (HV 20d: 10.2%). Max pain ranged from $28.00 to $29.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 23 of 23 days. Put/call ratio averaged 15.01.

Notable Days

  • 2013-10-29: Highest Volume — 1,039 contracts
  • 2013-10-17: Largest IV drop — 17.4% change
  • 2013-10-09: Highest IV Rank — 67.6%
  • 2013-10-08: Largest Expected Move — 4.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.79$27.96$29.44$28.43$29.36
Max Pain$28.26$28.00$29.00$28.00$28.00
ATM IV13.3%10.1%16.8%14.1%10.1%
Expected Move3.9%2.9%4.9%4.0%2.9%
HV 20d10.2%9.4%11.2%10.1%9.4%
HV 60d11.4%10.8%12.5%12.5%10.8%
IV Rank40.5%16.0%67.6%46.3%16.0%
IV Percentile35.0%1.2%79.8%46.4%1.2%
Term Structure2.0%0.3%4.4%1.4%4.4%
VWIV13.6%10.1%17.1%14.0%10.1%
Skew 25d3.1%-2.0%14.9%1.7%3.2%
Skew 10d5.8%-3.4%36.9%0.1%3.0%
Call IV 25d11.2%7.0%15.6%11.5%7.0%
Put IV 25d14.2%9.5%22.4%13.3%10.2%
Bid-Ask Spread %24.788.7191.688.7188.48
Gamma HHI0.400.300.480.400.36
Net GEX297.0K75.6K518.5K219.1K308.9K
Net DEX-2.7M-5.0M-165.9K-2.2M-2.9M
Net VEX-26.4K-28.9K-21.9K-27.1K-27.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio15.010.00117.000.010.38
Total Volume191.73911,03917544
Total OI6,638.1746,1957,3316,2466,951

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-10-01$28.43$28.0014.1%4.0%10.1%46.3%14.0%1.7%1.4%219.1K-2.2M-27.1K0.018.71N/AN/A17323,7962,450
2013-10-02$28.38$28.0014.2%4.1%10.1%47.4%0.0%0.0%1.4%250.5K-2.0M-27.6K0.0013.48N/AN/A0103,8472,452
2013-10-03$28.17$28.0014.0%4.0%10.3%46.2%14.0%2.7%2.0%185.8K-1.5M-27.1K117.0010.06N/AN/A22343,8472,460
2013-10-04$28.31$28.0013.2%4.4%10.2%39.5%15.1%4.4%2.6%205.2K-1.7M-28.3K12.1715.28N/AN/A121463,8492,629
2013-10-07$28.30$28.0015.0%4.7%10.0%53.9%16.2%4.6%1.7%183.4K-1.6M-28.2K2.3615.36N/AN/A11263,8612,753
2013-10-08$27.96$28.0016.1%4.9%10.9%61.8%15.6%3.6%1.3%113.9K-759.4K-27.6K41.4040.73N/AN/A104143,8722,778
2013-10-09$27.99$28.0016.8%4.9%10.7%67.6%17.1%2.0%1.0%75.6K-165.9K-28.6K11.0016.45N/AN/A3333,8793,117
2013-10-10$28.40$28.0015.5%4.4%11.2%57.4%14.7%3.4%2.2%149.1K-1.4M-28.8K0.7215.56N/AN/A29213,8803,112
2013-10-11$28.51$28.0013.9%4.0%11.2%44.8%0.0%4.9%1.6%194.9K-1.7M-28.9K0.0010.43N/AN/A01123,8753,104
2013-10-14$28.57$28.0014.2%4.1%10.7%47.6%0.0%5.8%1.0%206.2K-1.8M-28.8K10.0020.73N/AN/A2203,8753,208
2013-10-15$28.49$28.0016.3%4.7%10.7%63.4%16.3%4.1%2.3%194.8K-1.7M-28.4K1.0017.09N/AN/A10103,8773,228
2013-10-16$28.67$28.0014.4%4.1%9.6%48.9%15.7%5.0%0.3%246.0K-2.1M-27.9K0.0017.90N/AN/A013,8823,233
2013-10-17$28.94$28.0011.9%3.4%10.0%29.6%0.0%4.4%2.4%288.7K-2.8M-25.8K1.6522.48N/AN/A26433,6453,141
2013-10-18$29.18$28.0011.3%3.2%9.4%24.9%11.3%0.7%2.4%335.7K-3.6M-25.7K0.0045.33N/AN/A12803,6583,181
2013-10-21$29.24$28.0010.9%3.1%9.4%22.1%10.1%-1.9%2.9%412.2K-3.9M-24.9K44.8022.90N/AN/A208963,7222,728
2013-10-22$29.44$29.0011.9%3.4%9.6%29.7%0.0%-1.0%2.5%468.9K-5.0M-22.9K0.0213.50N/AN/A6313,7322,463
2013-10-23$29.19$29.0011.9%3.4%10.2%29.7%12.1%-2.0%2.6%484.2K-3.9M-24.0K0.0015.12N/AN/A0123,7452,464
2013-10-24$29.24$29.0012.5%3.6%10.2%34.2%12.5%2.1%2.0%438.6K-4.2M-23.1K0.0026.91N/AN/A0833,7452,476
2013-10-25$29.32$28.0011.4%3.3%10.2%26.2%11.4%2.9%2.5%474.9K-4.6M-22.6K0.0814.76N/AN/A6553,7452,478
2013-10-28$29.32$29.0012.3%3.5%10.0%32.9%12.3%4.1%1.8%477.1K-4.6M-22.5K0.5312.38N/AN/A1583,8102,483
2013-10-29$29.38$29.0011.9%3.4%10.0%30.1%0.0%0.9%2.3%518.5K-5.0M-21.9K27.0814.53N/AN/A371,0023,8252,491
2013-10-30$29.38$29.0012.0%3.4%9.9%30.5%12.0%14.9%2.3%399.3K-3.6M-28.9K0.0291.68N/AN/A667143,8383,493
2013-10-31$29.36$28.0010.1%2.9%9.4%16.0%10.1%3.2%4.4%308.9K-2.9M-27.1K0.3888.48N/AN/A32123,4623,489