EWC Options History — April 2015

In April 2015, EWC traded between $27.32 and $29.53. ATM implied volatility averaged 17.9%, placing in the 65.6% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 2.5% (HV 20d: 15.4%). Max pain ranged from $27.00 to $28.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 4.57.

Notable Days

  • 2015-04-30: Highest Volume — 9,322 contracts
  • 2015-04-02: Largest IV drop — 17.2% change
  • 2015-04-01: Highest IV Rank — 73.9%
  • 2015-04-01: Largest Expected Move — 5.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.67$27.32$29.53$27.32$29.15
Max Pain$27.24$27.00$28.00$28.00$28.00
ATM IV17.9%15.9%19.6%19.6%19.5%
Expected Move5.2%4.6%5.6%5.6%5.6%
HV 20d15.4%10.5%20.4%20.1%12.1%
HV 60d18.1%16.2%18.9%18.9%16.2%
IV Rank65.6%56.2%73.9%73.9%73.5%
IV Percentile74.4%60.3%84.1%84.1%82.9%
Term Structure-0.0%-1.6%1.1%0.2%-1.6%
VWIV19.3%17.7%27.9%21.4%19.2%
Skew 25d5.2%2.7%7.3%7.3%5.3%
Skew 10d14.9%10.3%19.2%16.5%14.2%
Call IV 25d16.2%14.5%17.9%16.3%17.9%
Put IV 25d21.5%18.9%23.6%23.6%23.2%
Bid-Ask Spread %44.4521.0565.7240.5937.76
Gamma HHI0.340.260.400.260.38
Net GEX-4.9M-6.1M-4.1M-5.8M-4.4M
Net DEX41.7M27.0M69.8M69.8M34.2M
Net VEX-216.3K-283.8K-166.0K-283.8K-194.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.570.2011.271.994.93
Total Volume3,780.81739,3222,6619,322
Total OI84,092.52481,14587,93682,66484,395

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-04-01$27.32$28.0019.6%5.6%20.1%73.9%21.4%7.3%0.2%-5.8M69.8M-283.8K1.9940.59N/AN/A8891,7722,29480,370
2015-04-02$27.61$27.0016.2%5.0%20.4%57.6%19.2%6.4%0.8%-6.0M61.6M-272.6K2.2160.12N/AN/A1,0522,3292,50180,411
2015-04-06$27.89$27.0017.9%5.1%19.7%65.9%18.7%6.2%0.1%-5.7M57.8M-267.6K2.0061.17N/AN/A7341,4692,66882,164
2015-04-07$28.02$27.0017.5%5.3%19.6%63.7%18.6%5.1%-0.4%-6.1M54.1M-259.3K1.5862.87N/AN/A9141,4412,71982,242
2015-04-08$28.00$27.0018.3%5.2%17.7%67.5%27.9%6.7%-0.3%-5.5M51.7M-244.3K0.2065.72N/AN/A61122,91982,260
2015-04-09$28.12$27.0018.4%5.3%17.7%68.3%18.9%6.1%0.0%-5.3M47.1M-226.4K1.6654.91N/AN/A8731,4512,98882,269
2015-04-10$28.24$27.0017.4%5.0%17.6%63.4%17.7%6.0%0.5%-5.1M48.6M-239.7K1.7561.78N/AN/A7831,3683,00082,345
2015-04-13$28.19$27.0018.3%5.2%17.2%67.7%18.8%5.8%0.6%-5.5M48.8M-242.6K1.7658.85N/AN/A7831,3762,94982,404
2015-04-14$28.43$27.0018.2%5.2%17.0%67.3%17.9%4.9%0.7%-5.0M41.3M-206.3K9.6561.19N/AN/A8087,7952,94982,361
2015-04-15$29.06$27.0016.5%4.7%18.3%59.1%19.1%4.4%0.2%-4.6M37.4M-222.2K3.5749.89N/AN/A7502,6812,94584,861
2015-04-16$29.16$27.0015.9%4.6%17.0%56.2%18.9%3.4%0.7%-4.5M29.2M-182.6K4.4752.99N/AN/A7523,3623,04784,889
2015-04-17$29.02$27.0017.5%5.0%14.1%63.8%18.2%3.9%0.0%-4.8M33.6M-192.0K7.7042.38N/AN/A3963,0503,05883,660
2015-04-20$29.11$27.0017.7%5.1%12.3%64.5%18.6%4.1%-0.2%-4.6M36.9M-205.7K7.6421.05N/AN/A3993,0492,70878,437
2015-04-21$28.87$27.0017.1%4.9%12.9%62.1%19.3%2.7%0.1%-4.9M39.1M-201.5K6.9025.81N/AN/A4463,0782,73878,594
2015-04-22$28.92$27.0016.7%4.8%12.7%59.9%19.2%3.4%1.1%-4.7M39.0M-206.1K6.0923.98N/AN/A3882,3642,85478,639
2015-04-23$29.29$27.0017.8%5.1%12.4%65.5%19.5%5.5%0.5%-4.4M28.0M-171.0K3.5722.25N/AN/A7112,5352,85978,753
2015-04-24$29.28$27.0018.4%5.3%12.3%68.2%18.0%3.9%-0.4%-4.3M33.2M-195.9K4.1023.44N/AN/A5692,3313,20678,865
2015-04-27$29.30$28.0018.8%5.4%10.6%70.0%18.0%6.2%-0.9%-4.4M27.0M-166.0K3.7129.13N/AN/A6352,3553,32878,957
2015-04-28$29.47$28.0019.5%5.6%10.5%73.6%18.7%6.7%-1.1%-4.1M28.7M-175.9K11.2730.09N/AN/A6357,1563,54778,995
2015-04-29$29.53$28.0018.1%5.2%10.5%66.4%19.7%6.0%-1.6%-4.1M28.3M-185.3K9.3247.52N/AN/A6325,8913,54781,248
2015-04-30$29.15$28.0019.5%5.6%12.1%73.5%19.2%5.3%-1.6%-4.4M34.2M-194.9K4.9337.76N/AN/A1,5727,7503,85180,544