EWC Options History — December 2015

In December 2015, EWC traded between $21.33 and $23.60. ATM implied volatility averaged 20.2%, placing in the 41.8% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded below realized volatility by 1.0% (HV 20d: 21.2%). Max pain ranged from $26.00 to $26.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 8.70.

Notable Days

  • 2015-12-14: Highest Volume — 28,016 contracts
  • 2015-12-02: Largest IV spike — 152.7% change
  • 2015-12-14: Highest IV Rank — 67.6%
  • 2015-12-14: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.05$21.33$23.60$23.60$21.47
Max Pain$26.00$26.00$26.00$26.00$26.00
ATM IV20.2%7.8%27.9%7.8%22.9%
Expected Move5.7%2.2%8.0%2.2%6.6%
HV 20d21.2%16.5%24.7%17.2%23.9%
HV 60d21.0%19.8%21.8%20.6%19.8%
IV Rank41.8%0.0%67.6%0.0%50.9%
IV Percentile58.1%0.0%96.4%0.0%81.7%
Term Structure0.9%-3.0%4.7%4.7%-3.0%
VWIV23.8%17.0%34.4%20.9%26.3%
Skew 25d6.2%1.4%9.2%4.7%6.3%
Skew 10d11.5%1.0%21.3%21.3%6.1%
Call IV 25d17.5%10.0%23.0%10.0%15.7%
Put IV 25d23.7%14.7%29.0%14.7%22.0%
Bid-Ask Spread %47.4613.9376.1546.6536.37
Gamma HHI0.330.170.620.610.37
Net GEX-2.4M-7.6M-1.1M-7.6M-1.3M
Net DEX78.0M30.0M113.6M92.4M46.4M
Net VEX-119.6K-174.5K-99.7K-158.1K-99.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio8.700.2726.660.271.67
Total Volume10,328.18214328,01614310,315
Total OI63,798.72732,27285,54776,07046,444

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-12-01$23.60$26.007.8%2.2%17.2%0.0%0.0%4.7%4.7%-7.6M92.4M-158.1K0.2746.65N/AN/A1133014,23661,834
2015-12-02$23.30$26.0019.8%5.7%16.9%40.2%20.9%3.5%0.9%-6.2M87.9M-174.5K7.0349.76N/AN/A6684,69614,29661,839
2015-12-03$23.05$26.0020.6%5.7%16.7%43.2%20.3%4.5%0.7%-4.8M92.9M-161.4K3.7068.77N/AN/A5652,08914,29261,861
2015-12-04$23.07$26.0018.6%5.3%16.5%36.5%19.9%5.2%0.6%-4.5M97.5M-145.5K8.1062.47N/AN/A5654,57914,28761,988
2015-12-07$22.31$26.0026.1%6.6%19.9%61.7%21.6%7.5%-2.9%-2.5M102.8M-122.0K19.0362.13N/AN/A2955214,28761,448
2015-12-08$21.96$26.0027.5%6.2%20.4%66.2%23.1%7.1%-0.3%-1.9M105.4M-110.7K7.2668.87N/AN/A5083,68814,31559,979
2015-12-09$22.06$26.0022.7%6.5%20.6%50.1%24.8%8.8%-0.5%-2.1M106.0M-111.8K6.7076.15N/AN/A5763,86114,37360,960
2015-12-10$22.09$26.0021.7%6.2%20.6%46.7%23.4%7.2%-1.1%-1.8M106.3M-110.6K14.0373.25N/AN/A6248,75214,43960,944
2015-12-11$21.53$26.0022.0%6.3%20.6%47.8%30.4%7.9%2.2%-1.4M107.1M-105.2K18.9572.09N/AN/A1,01419,21914,38860,968
2015-12-14$21.40$26.0027.9%8.0%20.5%67.6%28.5%4.7%-3.0%-2.0M113.6M-118.9K26.6674.00N/AN/A1,01327,00314,42371,124
2015-12-15$21.82$26.0021.9%6.3%20.6%47.3%28.8%7.0%0.8%-2.6M97.8M-126.9K14.7027.41N/AN/A1,02515,07214,42370,214
2015-12-16$22.16$26.0019.8%5.7%21.6%40.2%27.1%9.2%4.1%-1.7M100.5M-106.5K15.0461.35N/AN/A1,01115,20314,45963,294
2015-12-17$21.65$26.0020.2%5.8%22.5%41.6%23.2%6.7%3.7%-1.7M100.6M-111.9K16.4921.67N/AN/A1,01216,68814,50463,369
2015-12-18$21.65$26.0019.0%5.5%22.1%37.7%22.7%7.1%2.3%-1.3M94.0M-104.8K9.7413.93N/AN/A1,14111,11014,51060,120
2015-12-21$21.33$26.0022.9%6.6%22.5%50.8%34.4%8.0%-1.1%-1.2M32.5M-101.9K6.2825.92N/AN/A1,0246,4284,91027,362
2015-12-22$21.46$26.0020.3%5.8%22.7%42.2%18.2%4.3%1.0%-1.3M30.4M-114.2K6.3147.45N/AN/A1,0096,3664,91427,395
2015-12-23$21.91$26.0015.1%4.3%24.0%24.7%17.0%7.3%4.3%-1.1M30.0M-104.1K2.1039.51N/AN/A4,94810,3814,92527,454
2015-12-24$21.98$26.0016.7%4.8%24.0%30.0%20.9%1.4%3.0%-1.1M37.6M-109.6K2.3922.98N/AN/A3,9359,3868,64231,505
2015-12-28$21.65$26.0017.0%4.9%24.4%31.0%24.2%5.9%1.2%-1.2M44.6M-108.5K1.6527.02N/AN/A3,8876,39511,65934,524
2015-12-29$21.91$26.0017.6%5.1%24.7%33.1%18.9%7.1%1.6%-1.2M44.4M-112.3K1.6633.99N/AN/A3,8876,47011,67934,570
2015-12-30$21.66$26.0016.7%4.8%24.1%30.0%25.0%6.0%0.8%-1.3M44.4M-111.8K1.6732.32N/AN/A3,8866,49711,67934,736
2015-12-31$21.47$26.0022.9%6.6%23.9%50.9%26.3%6.3%-3.0%-1.3M46.4M-99.7K1.6736.37N/AN/A3,8576,45811,67834,766