EWC Options History — July 2015

In July 2015, EWC traded between $24.72 and $26.70. ATM implied volatility averaged 20.1%, placing in the 60.9% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 5.3% (HV 20d: 14.9%). Max pain ranged from $24.00 to $28.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 7.55.

Notable Days

  • 2015-07-17: Highest Volume — 35,602 contracts
  • 2015-07-06: Largest IV spike — 35.1% change
  • 2015-07-06: Highest IV Rank — 100.0%
  • 2015-07-08: Largest Expected Move — 6.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.77$24.72$26.70$26.51$25.53
Max Pain$26.64$24.00$28.00$28.00$26.00
ATM IV20.1%13.7%29.6%20.4%14.2%
Expected Move5.4%3.9%6.8%5.9%4.1%
HV 20d14.9%13.8%15.4%15.4%14.8%
HV 60d13.6%13.2%14.1%13.5%13.9%
IV Rank60.9%29.6%100.0%77.8%31.9%
IV Percentile70.5%23.4%100.0%87.7%26.2%
Term Structure0.3%-2.3%2.8%-2.3%0.5%
VWIV18.0%14.8%21.9%21.4%14.9%
Skew 25d4.8%0.4%9.4%6.2%2.3%
Skew 10d12.3%4.0%20.2%14.0%10.1%
Call IV 25d17.5%13.9%21.6%20.2%14.2%
Put IV 25d22.2%16.5%28.4%26.4%16.5%
Bid-Ask Spread %60.3629.6788.1033.8129.67
Gamma HHI0.310.230.420.300.42
Net GEX-2.8M-5.0M-1.3M-1.3M-5.0M
Net DEX48.5M23.6M78.0M24.8M63.8M
Net VEX-318.1K-374.5K-210.6K-210.6K-353.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.552.2116.252.483.24
Total Volume16,868.5915,59135,6025,63111,206
Total OI65,596.27342,05488,60442,05488,604

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-07-01$26.51$28.0020.4%5.9%15.4%77.8%21.4%6.2%-2.3%-1.3M24.8M-210.6K2.4833.81N/AN/A1,6174,01411,37830,676
2015-07-02$26.70$28.0019.9%5.7%15.1%75.6%19.5%9.4%-1.2%-1.3M23.6M-237.6K2.4533.23N/AN/A1,6223,96912,43833,643
2015-07-06$26.39$24.0026.9%6.4%15.4%100.0%21.6%6.0%-0.3%-1.3M26.1M-226.5K2.5653.92N/AN/A1,7204,40212,45733,636
2015-07-07$26.36$27.0025.3%6.4%14.9%92.0%20.2%6.6%-1.3%-1.4M25.7M-225.9K10.2759.27N/AN/A1,84118,90012,55334,089
2015-07-08$25.91$28.0029.1%6.8%15.1%100.0%21.9%6.8%-0.7%-1.4M32.4M-261.8K13.3253.98N/AN/A1,84924,62113,76635,208
2015-07-09$25.76$28.0029.6%6.6%14.0%100.0%21.9%6.9%-0.7%-1.6M39.2M-340.5K13.5661.79N/AN/A1,80424,46514,77841,445
2015-07-10$26.05$28.0025.9%6.1%15.0%83.7%16.6%6.2%-0.4%-1.8M39.7M-330.5K11.2364.03N/AN/A1,49916,83313,78241,491
2015-07-13$26.17$28.0024.5%5.6%15.1%77.5%17.7%5.0%-0.1%-1.9M37.4M-326.7K11.1965.99N/AN/A1,49616,74613,84041,631
2015-07-14$26.27$28.0018.2%5.2%15.2%49.6%16.2%4.2%0.6%-2.0M37.1M-324.1K8.3272.53N/AN/A2,01416,75513,88041,612
2015-07-15$26.03$27.0018.8%5.4%15.3%52.3%18.0%4.7%0.4%-2.0M39.5M-315.7K6.7571.03N/AN/A2,53117,08614,47241,476
2015-07-16$26.07$26.0017.2%4.9%15.2%44.9%16.4%4.8%0.8%-1.9M37.1M-318.4K8.4473.51N/AN/A2,01817,04114,97841,590
2015-07-17$25.88$26.0016.7%4.8%15.1%42.8%17.6%3.9%0.8%-1.7M41.1M-310.4K16.2576.43N/AN/A2,06433,53814,98441,527
2015-07-20$25.51$26.0015.2%4.4%15.3%36.1%18.3%4.5%2.8%-3.1M52.2M-343.7K9.5575.68N/AN/A1,77416,94714,05657,065
2015-07-21$25.50$26.0018.3%5.3%14.6%50.1%17.5%3.1%0.4%-3.1M54.8M-341.6K15.2974.96N/AN/A1,77127,07714,20957,125
2015-07-22$25.23$26.0017.5%5.0%14.4%46.5%14.8%3.7%1.8%-4.1M66.5M-374.5K11.1786.58N/AN/A1,78019,89114,34067,563
2015-07-23$25.14$26.0017.6%5.1%14.4%46.9%16.8%0.4%1.2%-4.2M68.7M-364.0K5.9988.10N/AN/A2,71616,26314,36967,580
2015-07-24$24.99$26.0018.5%5.3%14.4%51.0%16.3%4.1%0.2%-4.4M73.6M-362.3K2.5958.77N/AN/A2,7327,07215,37068,924
2015-07-27$24.72$26.0019.8%5.7%14.5%56.7%19.0%0.7%0.3%-4.2M78.0M-358.5K2.2158.45N/AN/A2,7646,10015,35669,046
2015-07-28$25.13$26.0018.4%5.3%13.8%50.2%17.0%5.9%0.4%-4.5M72.7M-356.7K3.0356.56N/AN/A2,6888,14715,38369,197
2015-07-29$25.50$26.0017.0%4.9%15.2%44.3%14.9%4.9%1.6%-4.8M66.3M-356.9K3.1145.46N/AN/A2,6348,18515,38571,331
2015-07-30$25.53$26.0013.7%3.9%15.1%29.6%16.6%4.7%2.0%-4.7M66.1M-356.8K3.1434.19N/AN/A2,6348,28315,40171,484
2015-07-31$25.53$26.0014.2%4.1%14.8%31.9%14.9%2.3%0.5%-5.0M63.8M-353.9K3.2429.67N/AN/A2,6468,56015,40273,202