EWC Options History — May 2015

In May 2015, EWC traded between $27.82 and $29.33. ATM implied volatility averaged 17.6%, placing in the 64.3% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded above realized volatility by 5.8% (HV 20d: 11.8%). Max pain ranged from $28.00 to $30.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 17.84.

Notable Days

  • 2015-05-01: Highest Volume — 11,467 contracts
  • 2015-05-12: Largest IV spike — 15.8% change
  • 2015-05-12: Highest IV Rank — 79.1%
  • 2015-05-01: Largest Expected Move — 5.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.63$27.82$29.33$29.14$27.82
Max Pain$29.90$28.00$30.00$28.00$30.00
ATM IV17.6%14.2%20.7%20.2%18.4%
Expected Move4.9%4.1%5.8%5.8%5.3%
HV 20d11.8%10.1%13.5%11.8%11.7%
HV 60d15.0%14.5%15.6%15.6%15.3%
IV Rank64.3%48.1%79.1%76.8%67.9%
IV Percentile67.7%44.0%90.1%88.9%73.0%
Term Structure0.7%-1.2%2.4%-1.2%-0.3%
VWIV21.8%15.0%27.5%20.3%20.9%
Skew 25d4.9%3.1%6.4%5.2%3.1%
Skew 10d12.5%4.5%17.7%17.7%4.8%
Call IV 25d15.8%11.6%18.4%17.0%18.4%
Put IV 25d20.7%18.0%23.7%22.3%21.5%
Bid-Ask Spread %49.9334.0264.6734.0240.28
Gamma HHI0.420.370.470.370.43
Net GEX-6.6M-9.6M-4.4M-4.4M-9.6M
Net DEX41.0M29.6M62.4M31.7M62.4M
Net VEX-211.7K-231.3K-186.1K-231.3K-215.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio17.840.88132.136.104.04
Total Volume5,561.211911,46711,4679,340
Total OI94,515.690,61198,50890,71598,508

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-05-01$29.14$28.0020.2%5.8%11.8%76.8%20.3%5.2%-1.2%-4.4M31.7M-231.3K6.1034.02N/AN/A1,6149,8535,54685,169
2015-05-04$29.33$30.0018.8%5.3%11.6%70.0%19.5%4.9%0.6%-4.4M29.6M-226.1K89.0052.99N/AN/A21785,65886,963
2015-05-05$28.99$30.0020.2%5.3%12.6%77.0%26.3%5.5%1.5%-4.9M32.6M-215.3K5.4755.49N/AN/A1,4748,0615,15785,586
2015-05-06$28.75$30.0019.7%5.4%13.1%74.5%24.1%5.9%0.9%-5.2M40.5M-227.8K6.2654.42N/AN/A1,5739,8545,18385,428
2015-05-07$28.64$30.0019.2%5.3%13.1%71.9%24.7%5.4%0.5%-6.0M42.2M-225.3K5.3350.18N/AN/A1,5918,4805,17288,530
2015-05-08$28.93$30.0017.1%4.9%13.5%61.8%18.4%5.8%0.9%-5.7M33.1M-207.1K28.7559.48N/AN/A41155,18389,466
2015-05-11$28.86$30.0017.9%5.0%13.5%65.5%21.9%4.8%1.1%-6.0M38.1M-208.0K132.1363.01N/AN/A81,0575,18488,957
2015-05-12$28.85$30.0020.7%4.9%13.2%79.1%24.2%4.9%0.6%-5.9M33.9M-198.5K4.2339.37N/AN/A1,5346,4935,18887,958
2015-05-13$28.82$30.0017.6%5.0%10.6%64.1%25.0%4.7%0.6%-5.9M39.6M-209.0K2.0640.97N/AN/A1,5323,1535,15988,126
2015-05-14$28.84$30.0016.5%4.7%10.5%58.8%23.8%5.5%0.8%-6.2M37.4M-202.3K1.6940.33N/AN/A1,8113,0695,15888,204
2015-05-15$28.92$30.0015.3%4.4%10.5%53.2%22.9%3.5%2.4%-5.9M31.7M-186.1K2.0052.65N/AN/A1,5573,1145,42988,545
2015-05-18$28.71$30.0015.0%4.3%10.7%51.6%15.0%3.9%0.9%-6.7M34.3M-191.8K56.0563.19N/AN/A744,1484,30587,491
2015-05-19$28.48$30.0016.6%4.8%10.7%59.3%18.0%6.4%1.1%-7.2M44.3M-213.4K1.4464.67N/AN/A2804034,37991,480
2015-05-20$28.45$30.0016.8%4.8%10.6%60.2%18.9%3.7%1.1%-7.2M41.4M-211.1K4.1056.14N/AN/A1,4846,0884,63891,826
2015-05-21$28.72$30.0014.2%4.1%10.1%48.1%19.3%6.3%0.6%-6.5M37.5M-207.6K4.0858.60N/AN/A1,4796,0284,74791,858
2015-05-22$28.49$30.0016.0%4.6%10.4%56.5%17.9%4.8%1.8%-7.4M41.8M-210.2K1.3339.63N/AN/A1,4971,9984,84292,126
2015-05-26$27.90$30.0017.4%5.0%12.5%63.4%27.2%4.6%0.3%-9.0M57.5M-214.8K0.8841.35N/AN/A2,3022,0214,94992,184
2015-05-27$27.95$30.0016.9%4.9%12.2%61.0%20.2%4.3%0.0%-8.9M54.0M-216.6K0.8946.58N/AN/A2,2952,0355,75492,250
2015-05-28$28.00$30.0017.6%5.1%12.2%64.5%27.5%5.4%-0.3%-8.8M56.3M-215.5K0.9245.16N/AN/A1,8861,7395,75592,271
2015-05-29$27.82$30.0018.4%5.3%11.7%67.9%20.9%3.1%-0.3%-9.6M62.4M-215.8K4.0440.28N/AN/A1,8557,4856,06792,441