EWC Options History — August 2015

In August 2015, EWC traded between $22.79 and $25.69. ATM implied volatility averaged 21.2%, placing in the 55.2% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 3.3% (HV 20d: 17.9%). Max pain ranged from $26.00 to $27.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 6.73.

Notable Days

  • 2015-08-21: Highest Volume — 20,163 contracts
  • 2015-08-24: Largest IV spike — 60.7% change
  • 2015-08-24: Highest IV Rank — 100.0%
  • 2015-08-24: Largest Expected Move — 10.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.63$22.79$25.69$25.24$24.27
Max Pain$26.86$26.00$27.00$26.00$27.00
ATM IV21.2%13.1%37.5%15.6%24.7%
Expected Move6.1%3.9%10.8%4.5%7.1%
HV 20d17.9%13.4%25.7%14.7%25.6%
HV 60d15.6%14.0%18.9%14.1%18.9%
IV Rank55.2%27.0%100.0%38.0%57.6%
IV Percentile67.6%18.3%100.0%34.1%95.6%
Term Structure-0.4%-8.8%2.4%1.5%2.4%
VWIV22.1%15.9%38.9%16.1%24.8%
Skew 25d6.1%2.5%17.1%3.1%6.1%
Skew 10d12.9%1.8%34.1%6.6%14.7%
Call IV 25d18.5%11.3%31.7%17.7%23.2%
Put IV 25d24.7%16.5%48.8%20.9%29.3%
Bid-Ask Spread %56.7024.2891.3747.4190.48
Gamma HHI0.370.230.480.430.28
Net GEX-5.1M-6.1M-4.0M-5.5M-4.3M
Net DEX86.4M58.3M128.6M73.8M94.3M
Net VEX-374.4K-412.6K-344.8K-347.4K-392.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.730.9281.2918.002.19
Total Volume12,192.71443720,16343711,473
Total OI102,04489,990117,29989,990102,488

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-08-03$25.24$26.0015.6%4.5%14.7%38.0%16.1%3.1%1.5%-5.5M73.8M-347.4K18.0047.41N/AN/A2341415,41574,575
2015-08-04$25.41$26.0016.8%4.8%15.1%43.3%16.2%6.3%0.5%-5.2M69.3M-349.4K1.6424.28N/AN/A4,6297,58415,40774,682
2015-08-05$25.42$26.0016.4%4.7%13.9%41.6%16.2%3.7%-0.2%-5.2M67.5M-346.7K1.0124.64N/AN/A7,6257,69417,40774,781
2015-08-06$25.38$27.0016.3%5.1%13.8%41.1%19.6%3.9%0.2%-5.0M65.6M-372.4K1.0933.22N/AN/A8,0668,76321,41474,941
2015-08-07$25.15$27.0016.3%4.7%13.4%40.9%22.0%2.5%1.7%-5.2M71.6M-373.0K0.9232.90N/AN/A7,6887,07221,84576,254
2015-08-10$25.69$27.0013.1%3.9%15.5%27.0%15.9%6.7%2.3%-5.2M58.3M-362.2K1.8234.29N/AN/A3,9317,17021,91776,304
2015-08-11$25.36$27.0017.7%4.8%16.0%47.2%17.0%6.3%1.2%-5.2M69.3M-364.9K2.0940.69N/AN/A15131622,23576,466
2015-08-12$25.47$27.0019.0%5.4%15.9%52.9%23.1%4.3%0.1%-4.9M63.3M-376.7K2.0053.94N/AN/A3,9587,92722,38576,551
2015-08-13$25.13$27.0018.2%5.2%16.4%49.6%22.3%5.5%0.0%-5.4M75.2M-365.8K1.9955.31N/AN/A3,9557,86322,40477,056
2015-08-14$25.16$27.0018.0%5.2%16.3%48.5%21.8%4.3%0.7%-5.4M72.4M-359.4K1.9755.00N/AN/A3,9787,85222,40576,956
2015-08-17$25.10$27.0017.3%4.9%15.6%45.3%22.7%3.2%1.1%-5.9M75.8M-347.5K1.7861.00N/AN/A3,9637,05322,43576,960
2015-08-18$25.07$27.0017.5%5.0%15.6%46.6%24.9%3.8%1.3%-6.1M76.7M-344.8K2.5039.30N/AN/A2,9677,42722,44276,992
2015-08-19$24.66$27.0017.9%5.1%16.2%48.3%17.4%3.6%0.9%-6.0M84.6M-353.6K81.2942.34N/AN/A20216,42023,45077,360
2015-08-20$24.19$27.0021.4%6.1%17.4%63.6%19.8%3.0%-0.6%-5.9M110.1M-410.8K2.5350.38N/AN/A3,1938,08523,62991,732
2015-08-21$23.55$27.0023.3%6.7%19.5%72.2%23.0%5.4%-0.9%-5.2M127.0M-389.1K3.9357.66N/AN/A4,08816,07523,69092,141
2015-08-24$22.79$27.0037.5%10.8%22.1%100.0%38.9%17.1%-5.5%-4.1M128.6M-408.2K2.5088.14N/AN/A3,4728,66523,24594,054
2015-08-25$22.79$27.0037.1%10.6%20.8%98.8%30.6%10.9%-8.8%-4.3M119.0M-412.6K4.2689.68N/AN/A3,46214,75323,38693,586
2015-08-26$23.17$27.0029.8%8.5%21.0%74.6%26.2%3.0%-1.3%-4.1M120.2M-382.3K4.0991.37N/AN/A3,50214,33523,40885,827
2015-08-27$24.01$27.0025.5%7.3%25.4%60.2%22.4%16.8%-3.2%-4.0M96.2M-399.5K1.8689.46N/AN/A3,5636,61223,41078,931
2015-08-28$24.20$27.0026.3%7.5%25.7%62.7%22.4%9.0%-2.0%-4.3M94.7M-402.9K1.8389.30N/AN/A3,5676,51123,43878,920
2015-08-31$24.27$27.0024.7%7.1%25.6%57.6%24.8%6.1%2.4%-4.3M94.3M-392.7K2.1990.48N/AN/A3,5967,87723,48978,999