EWC Options History — June 2014

In June 2014, EWC traded between $30.67 and $32.21. ATM implied volatility averaged 7.7%, placing in the 14.6% IV rank vs the trailing year. The 30-day expected move averaged 2.3%. IV traded above realized volatility by 1.6% (HV 20d: 6.1%). Max pain ranged from $29.00 to $32.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 1.26.

Notable Days

  • 2014-06-24: Highest Volume — 4,018 contracts
  • 2014-06-19: Largest IV spike — 44.0% change
  • 2014-06-12: Highest IV Rank — 25.3%
  • 2014-06-11: Largest Expected Move — 2.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.46$30.67$32.21$30.67$32.21
Max Pain$31.00$29.00$32.00$29.00$32.00
ATM IV7.7%5.8%9.3%8.1%8.1%
Expected Move2.3%1.7%2.7%2.3%2.3%
HV 20d6.1%4.7%7.0%6.8%6.9%
HV 60d8.3%7.9%8.6%8.6%8.4%
IV Rank14.6%2.0%25.3%16.3%19.8%
IV Percentile8.7%1.2%19.0%8.7%14.3%
Term Structure1.3%-0.2%3.0%-0.2%1.0%
VWIV9.4%7.1%14.2%7.8%8.1%
Skew 25d2.9%-1.3%5.3%2.6%1.3%
Skew 10d4.4%0.2%25.2%25.2%1.8%
Call IV 25d7.9%6.6%9.6%8.3%6.9%
Put IV 25d10.7%6.5%13.1%11.0%8.1%
Bid-Ask Spread %70.649.18104.3691.989.18
Gamma HHI0.380.200.670.310.67
Net GEX268.2K-103.2K748.1K274.2K730.9K
Net DEX-4.1M-7.0M-1.5M-2.8M-7.0M
Net VEX-15.6K-33.4K-10.0K-12.7K-30.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.260.006.040.200.04
Total Volume405.14364,0186435
Total OI10,618.3334,09113,55111,8727,083

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-06-02$30.67$29.008.1%2.3%6.8%16.3%7.8%2.6%-0.2%274.2K-2.8M-12.7K0.2091.98N/AN/A511,9599,913
2014-06-03$30.75$29.007.2%2.1%6.8%11.0%7.3%-0.5%1.4%271.5K-3.0M-12.5K0.0092.23N/AN/A0371,9649,912
2014-06-04$30.77$29.008.2%2.4%6.8%17.2%8.2%-0.7%0.4%264.5K-3.0M-12.1K5.6086.86N/AN/A10561,9649,939
2014-06-05$30.80$29.008.2%2.4%6.8%17.3%7.4%-1.3%0.1%263.1K-3.1M-12.2K6.0485.83N/AN/A231391,9649,983
2014-06-06$30.90$31.007.2%2.4%6.8%10.6%0.0%3.7%1.9%275.3K-3.3M-11.4K0.7293.73N/AN/A39281,97710,118
2014-06-09$31.05$31.007.7%2.6%6.4%14.3%7.9%3.5%1.5%255.2K-3.6M-11.0K1.6796.03N/AN/A36601,98310,146
2014-06-10$31.11$32.007.3%2.6%5.8%11.4%13.8%3.5%1.8%262.6K-3.6M-11.4K0.6399.47N/AN/A1631022,01710,206
2014-06-11$31.23$32.008.7%2.7%5.9%20.3%9.5%4.0%1.2%210.8K-4.0M-11.3K0.1398.21N/AN/A115152,11610,301
2014-06-12$31.30$32.009.3%2.7%6.0%25.3%9.2%3.8%1.0%285.5K-4.0M-10.6K0.40104.36N/AN/A1042,03310,316
2014-06-13$31.52$32.006.7%1.9%5.8%7.6%12.0%5.3%2.8%155.8K-4.1M-11.0K0.68101.18N/AN/A2371602,04310,320
2014-06-16$31.65$31.007.8%2.2%5.7%15.4%7.1%3.5%0.2%141.7K-4.8M-10.7K0.6198.09N/AN/A77472,18610,460
2014-06-17$31.57$31.007.6%2.2%5.9%13.9%11.3%3.3%0.4%170.0K-4.8M-10.0K0.7997.66N/AN/A2321842,25210,467
2014-06-18$31.72$31.005.8%1.7%5.2%2.0%10.3%3.9%3.0%128.3K-4.9M-11.1K4.4277.07N/AN/A833672,42810,651
2014-06-19$31.84$31.008.4%2.4%4.7%19.5%13.5%2.5%1.4%28.3K-4.9M-12.4K2.1371.28N/AN/A701492,42410,988
2014-06-20$32.04$31.007.0%2.0%4.9%9.9%14.2%3.9%2.7%113.9K-5.2M-12.2K0.5716.29N/AN/A2741562,41511,136
2014-06-23$32.12$31.007.5%2.2%4.8%14.5%8.0%3.6%1.1%-83.8K-1.9M-12.7K0.2512.32N/AN/A114281,3742,717
2014-06-24$31.79$31.007.0%2.0%6.2%10.8%9.2%2.1%1.3%-103.2K-1.5M-14.8K0.0221.78N/AN/A3,932861,4212,725
2014-06-25$31.63$32.007.6%2.2%6.4%16.1%8.8%3.5%1.5%538.5K-4.7M-32.1K0.1099.08N/AN/A256264,0782,793
2014-06-26$31.86$32.008.0%2.3%6.7%19.0%7.9%3.9%0.9%700.9K-5.6M-33.4K0.1115.61N/AN/A260294,3122,819
2014-06-27$32.12$32.007.4%2.1%7.0%14.7%7.4%4.5%1.8%748.1K-6.5M-31.1K0.0015.14N/AN/A46214,2542,828
2014-06-30$32.21$32.008.1%2.3%6.9%19.8%8.1%1.3%1.0%730.9K-7.0M-30.0K0.049.18N/AN/A419164,2552,828