EWC Options History — June 2016

In June 2016, EWC traded between $23.61 and $25.67. ATM implied volatility averaged 19.7%, placing in the 39.2% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 2.5% (HV 20d: 17.2%). 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 12 of 22 days. Put/call ratio averaged 6.44.

Notable Days

  • 2016-06-14: Highest Volume — 13,682 contracts
  • 2016-06-24: Largest IV spike — 36.4% change
  • 2016-06-16: Highest IV Rank — 61.9%
  • 2016-06-16: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.76$23.61$25.67$24.56$24.47
Max Pain$24.36$24.00$25.00$25.00$25.00
ATM IV19.7%14.0%26.6%17.2%21.5%
Expected Move5.8%4.4%7.6%4.9%6.2%
HV 20d17.2%14.0%23.8%16.2%23.8%
HV 60d18.2%17.0%19.7%19.1%19.6%
IV Rank39.2%20.4%61.9%30.9%45.3%
IV Percentile42.0%3.2%84.1%19.4%57.9%
Term Structure0.2%-4.5%2.7%-0.9%0.8%
VWIV21.5%15.9%27.8%15.9%24.6%
Skew 25d4.9%-10.2%9.6%-1.5%4.8%
Skew 10d10.7%1.2%16.6%1.2%9.9%
Call IV 25d18.5%12.2%32.4%16.8%19.8%
Put IV 25d23.4%15.4%33.8%15.4%24.6%
Bid-Ask Spread %67.4730.87121.4142.5567.57
Gamma HHI0.590.330.860.770.50
Net GEX-2.5M-8.0M-407.1K-5.6M-461.5K
Net DEX18.7M6.4M35.3M35.2M15.4M
Net VEX-133.9K-167.4K-116.0K-167.4K-121.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.441.2312.3911.571.93
Total Volume8,470.51,74013,68212,2892,470
Total OI49,472.86420,37271,67668,17021,137

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-06-01$24.56$25.0017.2%4.9%16.2%30.9%15.9%-1.5%-0.9%-5.6M35.2M-167.4K11.5742.55N/AN/A97811,3116,07062,100
2016-06-02$24.62$24.0014.4%4.6%14.9%21.8%18.0%6.6%0.3%-5.7M30.9M-160.8K10.4144.07N/AN/A1,08711,3216,07362,123
2016-06-03$25.07$24.0014.0%5.1%16.0%20.4%18.9%3.5%-0.8%-3.7M18.1M-148.4K9.7242.78N/AN/A1,21911,8466,14962,139
2016-06-06$25.41$24.0017.6%5.2%16.5%32.4%20.6%6.2%-0.5%-2.3M12.8M-143.1K10.0339.06N/AN/A1,18011,8356,35462,647
2016-06-07$25.66$24.0014.2%4.9%15.2%21.1%21.0%6.3%1.4%-1.7M8.5M-134.2K11.0630.87N/AN/A1,06911,8186,52662,647
2016-06-08$25.67$24.0015.3%4.4%14.0%24.6%20.3%5.9%2.2%-898.2K6.4M-133.9K10.8338.73N/AN/A1,09111,8176,57362,675
2016-06-09$25.51$24.0016.9%4.8%14.3%30.0%19.3%5.0%2.7%-2.6M9.6M-135.4K10.8936.20N/AN/A1,09011,8666,67462,665
2016-06-10$25.02$24.0018.4%5.3%16.3%34.8%22.3%3.1%0.4%-3.6M17.9M-146.7K11.0668.56N/AN/A1,07911,9306,67162,734
2016-06-13$24.89$24.0020.6%5.9%15.9%42.3%19.6%6.6%-0.6%-3.8M19.9M-140.9K12.3949.46N/AN/A95611,8436,70062,810
2016-06-14$24.60$24.0020.5%5.9%15.8%42.0%20.8%7.2%1.8%-5.4M26.1M-139.3K5.6159.17N/AN/A2,06911,6136,71062,810
2016-06-15$24.48$24.0023.9%6.8%15.9%53.1%24.2%2.8%-1.8%-6.1M32.8M-143.0K9.1388.96N/AN/A1,27211,6137,74963,108
2016-06-16$24.37$24.0026.6%7.6%15.2%61.9%20.2%5.6%-4.5%-8.0M35.3M-134.3K7.0386.14N/AN/A1,67511,7837,75063,108
2016-06-17$24.59$24.0021.9%6.3%15.3%46.7%22.1%5.2%0.1%-457.4K19.6M-125.2K8.1269.03N/AN/A1,44111,7008,14963,527
2016-06-20$24.91$24.0019.0%5.4%15.8%36.9%20.0%4.5%1.5%-433.1K13.7M-125.7K1.2363.49N/AN/A7869694,61715,772
2016-06-21$24.94$24.0020.3%5.8%15.7%41.3%20.8%7.4%-0.6%-453.0K14.3M-124.1K1.2753.68N/AN/A7889974,62115,820
2016-06-22$24.69$25.0019.5%5.6%16.3%38.7%23.1%9.6%0.9%-407.1K13.6M-125.6K1.2752.10N/AN/A7889974,54715,853
2016-06-23$25.07$25.0017.7%5.1%15.8%32.6%23.3%8.7%-0.2%-444.7K12.8M-124.0K1.24121.41N/AN/A7779634,54715,831
2016-06-24$24.15$25.0024.1%6.9%20.8%53.9%27.8%-10.2%-0.4%-513.5K16.1M-119.2K1.36117.63N/AN/A7421,0104,54715,825
2016-06-27$23.61$25.0024.4%7.0%22.1%54.6%26.1%6.5%1.5%-498.2K17.5M-118.3K1.32103.73N/AN/A7711,0184,58615,910
2016-06-28$23.95$25.0023.1%6.6%22.8%50.4%22.2%8.5%0.5%-533.9K17.6M-116.0K2.15103.09N/AN/A7561,6294,58615,886
2016-06-29$24.40$25.0022.3%6.4%23.8%47.7%21.7%5.0%-0.1%-535.4K16.4M-118.7K2.15106.14N/AN/A7591,6294,58516,492
2016-06-30$24.47$25.0021.5%6.2%23.8%45.3%24.6%4.8%0.8%-461.5K15.4M-121.7K1.9367.57N/AN/A8431,6274,64516,492