EWC Options History — October 2014

In October 2014, EWC traded between $28.32 and $30.47. ATM implied volatility averaged 15.5%, placing in the 70.4% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded below realized volatility by 1.6% (HV 20d: 17.1%). Max pain ranged from $31.00 to $31.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 20 of 23 days. Put/call ratio averaged 2.84.

Notable Days

  • 2014-10-08: Highest Volume — 8,135 contracts
  • 2014-10-22: Largest IV spike — 23.5% change
  • 2014-10-10: Highest IV Rank — 100.0%
  • 2014-10-15: Largest Expected Move — 5.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.65$28.32$30.47$30.45$29.88
Max Pain$31.00$31.00$31.00$31.00$31.00
ATM IV15.5%13.0%21.7%14.3%13.5%
Expected Move4.3%3.9%5.3%4.1%3.9%
HV 20d17.1%11.6%21.6%11.7%21.6%
HV 60d12.8%10.3%15.0%10.4%14.8%
IV Rank70.4%49.7%100.0%76.4%52.5%
IV Percentile91.8%80.6%100.0%94.8%87.3%
Term Structure0.7%-0.6%2.3%0.1%0.9%
VWIV15.8%11.6%18.6%11.6%16.4%
Skew 25d4.5%-0.3%7.7%0.9%5.0%
Skew 10d9.2%-1.2%21.6%1.4%11.8%
Call IV 25d13.9%9.3%18.5%13.9%11.5%
Put IV 25d18.5%13.1%26.0%14.9%16.5%
Bid-Ask Spread %69.7761.9578.6573.1974.85
Gamma HHI0.270.210.410.270.32
Net GEX-1.0M-2.0M-238.9K-272.7K-2.0M
Net DEX10.0M4.0M17.5M4.0M10.2M
Net VEX-47.6K-56.6K-41.5K-48.3K-41.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.840.029.690.457.79
Total Volume1,699.174238,1351732,724
Total OI16,681.82612,14319,92912,14319,929

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-10-01$30.45$31.0014.3%4.1%11.7%76.4%11.6%0.9%0.1%-272.7K4.0M-48.3K0.4573.19N/AN/A119547,1105,033
2014-10-02$30.38$31.0015.1%4.1%11.7%82.2%12.8%4.0%-0.6%-238.9K4.6M-45.9K5.9672.61N/AN/A1609537,1915,049
2014-10-03$30.27$31.0013.3%4.0%11.6%68.6%12.2%-0.3%0.6%-513.6K6.1M-48.6K1.0073.00N/AN/A40407,2895,978
2014-10-06$30.47$31.0014.7%4.1%11.7%78.9%15.5%5.8%1.2%-455.5K5.0M-48.9K1.3068.22N/AN/A10137,3145,985
2014-10-07$29.99$31.0013.8%4.0%12.3%71.9%13.0%4.0%1.0%-609.2K7.3M-44.7K0.0269.75N/AN/A5117,3245,998
2014-10-08$30.35$31.0013.7%4.1%13.5%71.6%14.8%4.9%0.1%-552.0K5.7M-49.2K9.6970.78N/AN/A7617,3747,3265,998
2014-10-09$29.75$31.0016.5%4.2%14.8%92.7%16.1%4.5%0.6%-1.1M10.6M-53.9K3.3765.23N/AN/A8712,9377,44310,025
2014-10-10$29.45$31.0019.7%4.7%14.9%100.0%16.6%4.6%0.1%-1.1M11.7M-56.6K3.4265.98N/AN/A8963,0627,72210,065
2014-10-13$28.84$31.0021.7%4.9%15.9%100.0%16.9%6.3%-0.2%-1.1M14.7M-49.0K2.4366.62N/AN/A1,2513,0437,86010,128
2014-10-14$28.93$31.0019.9%4.6%15.2%89.4%16.4%4.9%0.0%-1.1M15.1M-47.5K3.3765.82N/AN/A9043,0438,15610,273
2014-10-15$28.32$31.0018.4%5.3%16.2%81.2%18.4%7.5%0.0%-949.7K17.5M-47.2K1.5771.99N/AN/A8471,3268,16710,290
2014-10-16$28.73$31.0019.5%5.0%17.4%87.0%18.0%7.5%-0.5%-909.2K15.7M-46.7K2.1962.25N/AN/A36798,19410,109
2014-10-17$29.03$31.0017.2%4.7%18.2%73.8%18.6%6.6%0.7%-1.1M14.4M-45.1K2.0261.95N/AN/A631278,22010,160
2014-10-20$29.20$31.0016.7%4.5%18.2%70.9%16.5%4.3%1.2%-1.2M12.2M-53.5K1.5665.56N/AN/A2954617,45310,011
2014-10-21$29.80$31.0013.1%4.0%20.1%50.7%15.5%4.0%1.5%-1.3M9.5M-47.4K1.4467.54N/AN/A3174567,48710,041
2014-10-22$29.23$31.0016.2%4.5%20.9%68.4%16.6%4.9%0.3%-1.3M12.5M-46.2K1.1269.60N/AN/A3093457,51510,034
2014-10-23$29.61$31.0013.1%4.0%20.7%50.7%16.8%6.9%1.0%-1.4M10.6M-47.5K2.0070.64N/AN/A2444887,53010,134
2014-10-24$29.80$31.0013.1%4.1%20.7%50.8%16.6%3.5%0.8%-1.3M9.1M-50.2K2.0969.97N/AN/A2585387,53810,195
2014-10-27$29.65$31.0013.0%4.0%20.7%49.7%16.7%2.8%2.3%-1.4M10.0M-47.1K1.8570.38N/AN/A2484597,55510,240
2014-10-28$30.10$31.0013.5%4.0%21.5%52.7%15.9%7.7%1.5%-1.2M6.9M-44.8K1.1275.02N/AN/A2733077,57810,240
2014-10-29$29.88$31.0013.0%4.1%21.5%49.7%16.5%3.1%1.6%-1.4M8.6M-41.5K1.3274.99N/AN/A2693557,59510,295
2014-10-30$29.78$31.0013.1%4.0%21.5%50.3%16.2%1.1%1.7%-1.4M8.5M-44.4K8.3578.65N/AN/A2862,3887,61010,295
2014-10-31$29.88$31.0013.5%3.9%21.6%52.5%16.4%5.0%0.9%-2.0M10.2M-41.5K7.7974.85N/AN/A3102,4147,62912,300