EWC Options History — October 2015

In October 2015, EWC traded between $22.95 and $24.92. ATM implied volatility averaged 19.8%, placing in the 32.5% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded below realized volatility by 3.9% (HV 20d: 23.7%). Max pain ranged from $24.00 to $25.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 6.96.

Notable Days

  • 2015-10-20: Highest Volume — 24,860 contracts
  • 2015-10-13: Largest IV spike — 26.5% change
  • 2015-10-01: Highest IV Rank — 61.8%
  • 2015-10-01: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.28$22.95$24.92$22.95$23.89
Max Pain$24.50$24.00$25.00$24.00$24.00
ATM IV19.8%15.5%27.5%27.5%19.0%
Expected Move5.7%4.7%7.9%7.9%5.4%
HV 20d23.7%19.7%26.1%24.8%20.0%
HV 60d23.8%22.7%24.5%22.7%24.5%
IV Rank32.5%15.9%61.8%61.8%29.3%
IV Percentile59.8%15.5%95.6%95.6%56.7%
Term Structure0.2%-2.6%2.7%2.7%-0.1%
VWIV20.2%16.9%25.2%23.4%18.0%
Skew 25d5.7%2.2%9.9%9.7%2.2%
Skew 10d13.1%-6.1%31.7%19.8%1.1%
Call IV 25d17.8%13.7%23.3%23.0%19.8%
Put IV 25d23.5%20.9%32.6%32.6%22.0%
Bid-Ask Spread %54.4233.3173.6670.4133.93
Gamma HHI0.470.320.620.320.55
Net GEX-4.0M-6.0M-2.8M-3.3M-4.6M
Net DEX63.6M46.7M79.5M79.1M67.5M
Net VEX-321.0K-369.7K-280.8K-319.0K-280.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.961.1838.592.346.44
Total Volume7,995.27312024,8605,0935,260
Total OI83,371.27379,25595,98679,25580,121

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-10-01$22.95$24.0027.5%7.9%24.8%61.8%23.4%9.7%2.7%-3.3M79.1M-319.0K2.3470.41N/AN/A1,5253,56812,48666,769
2015-10-02$23.30$24.0025.6%7.3%25.2%54.5%25.2%5.6%-1.4%-3.6M79.5M-316.1K2.0473.66N/AN/A1,7093,48912,52666,828
2015-10-05$23.84$24.0023.9%6.4%26.1%48.1%22.6%7.5%-0.7%-3.7M68.3M-321.8K1.1863.40N/AN/A556512,75366,841
2015-10-06$24.12$24.0021.0%5.9%25.8%37.1%22.3%9.9%-0.3%-3.3M65.2M-321.8K2.2164.65N/AN/A1,5943,51512,72666,881
2015-10-07$24.46$24.0020.5%6.1%25.9%35.1%22.5%6.9%0.5%-3.2M56.4M-322.2K2.3362.56N/AN/A1,5613,63312,77966,934
2015-10-08$24.74$24.0017.2%5.2%26.1%22.5%20.2%5.6%0.7%-3.1M53.3M-321.3K2.8870.96N/AN/A1,5634,50312,78366,940
2015-10-09$24.92$25.0015.9%5.3%25.8%17.5%21.3%6.9%1.0%-2.8M46.7M-318.8K2.8861.27N/AN/A1,5604,49212,78467,571
2015-10-12$24.71$25.0015.5%5.1%25.9%15.9%20.2%5.5%0.9%-3.0M50.6M-313.7K2.8961.71N/AN/A1,5594,51112,78466,725
2015-10-13$24.53$25.0019.6%4.9%26.1%31.5%18.9%4.6%0.8%-3.3M53.9M-304.8K2.7557.63N/AN/A1,5604,28412,78466,743
2015-10-14$24.76$25.0018.6%5.3%24.2%28.0%20.5%5.5%0.2%-3.0M49.5M-306.8K2.7161.73N/AN/A1,5444,17912,84666,728
2015-10-15$24.82$25.0017.7%5.1%24.2%24.4%20.7%4.9%0.9%-3.0M47.4M-298.5K9.3056.01N/AN/A1,51914,12812,83066,792
2015-10-16$24.77$25.0016.4%4.7%23.6%19.4%19.1%4.8%1.4%-4.1M56.1M-328.2K9.8460.32N/AN/A1,45814,35012,84976,848
2015-10-19$24.37$25.0018.8%5.4%24.5%28.6%19.0%3.9%1.2%-6.0M77.7M-369.7K9.1654.00N/AN/A1,57614,43412,63783,113
2015-10-20$24.55$25.0017.2%4.9%22.3%22.3%20.4%3.1%1.1%-5.6M71.9M-368.2K38.5949.64N/AN/A62824,23212,80583,181
2015-10-21$24.04$25.0019.8%5.7%23.3%32.6%20.5%6.6%0.2%-4.7M73.1M-338.3K5.7040.06N/AN/A8865,05112,90073,447
2015-10-22$24.41$25.0019.0%5.4%23.7%29.3%18.0%5.9%0.1%-5.2M69.9M-327.8K5.6353.14N/AN/A8854,98513,17074,089
2015-10-23$24.43$24.0020.3%5.8%23.7%34.3%20.3%7.8%-0.3%-4.3M66.9M-340.6K5.3433.31N/AN/A9204,91113,46474,309
2015-10-26$24.18$24.0021.4%6.1%20.4%38.5%17.3%6.7%-2.6%-4.8M66.4M-331.2K6.3146.41N/AN/A6994,41413,48574,301
2015-10-27$23.86$24.0021.3%6.1%21.2%38.2%19.2%3.3%-1.7%-5.1M77.5M-333.9K20.1141.75N/AN/A71414,36013,48574,313
2015-10-28$24.29$25.0019.7%5.6%19.7%32.0%17.0%4.0%0.2%-4.3M60.2M-291.4K6.2845.78N/AN/A6944,35813,50166,250
2015-10-29$24.21$24.0020.0%5.7%19.8%33.2%16.9%4.4%-0.2%-4.1M61.5M-286.6K6.1534.87N/AN/A6944,27113,62566,442
2015-10-30$23.89$24.0019.0%5.4%20.0%29.3%18.0%2.2%-0.1%-4.6M67.5M-280.8K6.4433.93N/AN/A7074,55313,62566,496