EWC Options History — September 2015

In September 2015, EWC traded between $22.32 and $24.14. ATM implied volatility averaged 26.8%, placing in the 62.0% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded below realized volatility by 0.4% (HV 20d: 27.2%). Max pain ranged from $24.00 to $27.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 3.14.

Notable Days

  • 2015-09-29: Highest Volume — 13,739 contracts
  • 2015-09-28: Largest IV spike — 49.6% change
  • 2015-09-28: Highest IV Rank — 95.0%
  • 2015-09-28: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.40$22.32$24.14$23.46$22.98
Max Pain$24.29$24.00$27.00$27.00$24.00
ATM IV26.8%21.2%36.2%35.6%27.0%
Expected Move7.6%6.1%10.4%10.2%7.7%
HV 20d27.2%22.8%30.1%27.7%24.9%
HV 60d20.8%19.6%22.9%19.9%22.9%
IV Rank62.0%42.3%95.0%93.9%59.9%
IV Percentile93.8%80.6%99.2%99.2%95.2%
Term Structure-1.3%-6.8%1.3%-6.8%-2.5%
VWIV26.3%19.5%37.6%34.1%19.5%
Skew 25d7.4%4.3%12.3%6.4%7.4%
Skew 10d14.6%-3.5%23.9%-1.3%18.9%
Call IV 25d22.7%16.6%32.5%32.5%21.6%
Put IV 25d30.1%24.7%38.9%38.9%29.0%
Bid-Ask Spread %84.9461.01112.1288.3974.60
Gamma HHI0.320.260.400.270.31
Net GEX-4.0M-4.9M-2.9M-3.6M-4.6M
Net DEX95.6M64.6M108.5M99.7M95.0M
Net VEX-351.3K-384.8K-306.4K-382.8K-310.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.140.868.602.205.14
Total Volume8,0948913,73911,5339,134
Total OI96,620.57175,047105,671103,58987,234

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-09-01$23.46$27.0035.6%10.2%27.7%93.9%34.1%6.4%-6.8%-3.6M99.7M-382.8K2.2088.39N/AN/A3,6097,92423,55080,039
2015-09-02$23.52$27.0025.6%7.3%27.8%60.4%27.7%8.0%1.3%-3.8M102.1M-384.8K1.9188.29N/AN/A3,5996,87023,58880,436
2015-09-03$23.75$24.0026.0%7.2%28.2%61.8%25.8%10.8%-0.6%-4.0M99.0M-380.9K1.9089.22N/AN/A3,6086,86923,58680,165
2015-09-04$23.41$24.0027.6%8.2%28.4%67.0%31.3%10.1%-0.3%-3.7M104.5M-374.8K2.1594.71N/AN/A3,6087,75023,61780,209
2015-09-08$23.77$24.0029.5%7.4%27.8%71.8%29.2%10.3%-1.6%-4.0M97.4M-373.1K4.2494.12N/AN/A177223,61780,950
2015-09-09$23.54$24.0024.4%7.0%27.7%53.7%24.8%9.1%-2.0%-4.3M96.3M-372.5K1.9392.74N/AN/A3,6046,96623,62980,950
2015-09-10$23.65$24.0025.7%7.4%27.7%58.1%25.7%7.6%-1.2%-4.2M103.5M-360.8K1.9492.29N/AN/A3,6036,97923,62980,976
2015-09-11$23.42$24.0026.8%7.7%27.5%62.0%25.5%7.6%-1.4%-4.2M106.3M-358.5K1.2688.77N/AN/A3,5824,49823,61980,974
2015-09-14$23.27$24.0027.6%7.9%27.5%65.0%25.4%7.7%-1.7%-4.3M108.0M-350.4K1.3590.13N/AN/A3,5824,85323,60581,980
2015-09-15$23.44$24.0026.2%7.5%27.8%60.0%23.9%4.4%-0.8%-4.9M108.5M-349.2K7.7891.16N/AN/A1814023,60582,066
2015-09-16$24.14$24.0021.2%6.1%30.1%42.3%21.6%12.3%0.0%-3.9M98.3M-349.0K0.8897.88N/AN/A3,5743,13423,60682,061
2015-09-17$24.14$24.0021.9%6.3%29.6%44.8%22.3%8.5%-0.3%-4.0M90.4M-353.7K0.86112.12N/AN/A3,6403,12923,64381,943
2015-09-18$23.82$24.0023.9%6.9%29.2%52.0%24.0%5.0%-0.5%-2.9M96.3M-343.6K1.0497.20N/AN/A4,6224,79723,72581,399
2015-09-21$23.95$24.0021.4%6.1%27.6%42.9%24.5%6.9%0.4%-3.1M64.6M-345.0K8.6093.79N/AN/A1,42312,23312,30362,744
2015-09-22$23.32$24.0025.8%7.4%26.7%58.3%25.6%6.1%-0.9%-3.9M81.6M-345.4K2.3761.01N/AN/A1,4133,35512,32570,871
2015-09-23$23.05$24.0026.9%7.7%27.1%60.4%22.7%4.4%-2.4%-4.0M85.7M-343.7K1.9261.97N/AN/A1,4932,86612,32671,037
2015-09-24$23.03$24.0027.1%7.8%26.4%61.4%26.0%7.2%-2.5%-3.8M88.6M-334.9K2.0167.22N/AN/A1,4722,96112,40571,065
2015-09-25$23.09$24.0024.2%6.9%22.8%50.4%23.9%4.3%1.3%-4.0M85.5M-341.1K2.6770.30N/AN/A1,4723,92412,41171,108
2015-09-28$22.35$24.0036.2%10.4%24.9%95.0%37.6%7.4%-2.0%-3.6M92.8M-315.5K5.6169.64N/AN/A1,4908,35212,41171,977
2015-09-29$22.32$24.0032.7%9.4%24.8%81.8%30.3%4.6%-3.6%-4.0M103.3M-306.4K8.2168.28N/AN/A1,49212,24712,46575,183
2015-09-30$22.98$24.0027.0%7.7%24.9%59.9%19.5%7.4%-2.5%-4.6M95.0M-310.9K5.1474.60N/AN/A1,4887,64612,47774,757