EWC Options History — April 2017

In April 2017, EWC traded between $26.19 and $27.12. ATM implied volatility averaged 14.0%, placing in the 15.0% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded above realized volatility by 3.1% (HV 20d: 10.9%). Max pain ranged from $26.00 to $27.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 7.66.

Notable Days

  • 2017-04-27: Highest Volume — 16,300 contracts
  • 2017-04-27: Largest IV spike — 54.3% change
  • 2017-04-19: Highest IV Rank — 26.5%
  • 2017-04-19: Largest Expected Move — 5.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.74$26.19$27.12$26.76$26.27
Max Pain$26.16$26.00$27.00$27.00$26.00
ATM IV14.0%10.5%18.3%11.4%15.9%
Expected Move4.2%3.0%5.2%3.3%4.5%
HV 20d10.9%8.4%12.3%12.2%11.5%
HV 60d11.4%11.0%11.7%11.7%11.3%
IV Rank15.0%5.8%26.5%8.4%20.1%
IV Percentile37.1%1.6%71.0%7.1%61.1%
Term Structure0.7%-1.4%2.9%2.9%0.6%
VWIV18.0%12.3%22.9%12.7%15.2%
Skew 25d5.4%2.6%9.0%3.5%9.0%
Skew 10d9.5%1.2%34.6%34.6%9.6%
Call IV 25d12.1%9.0%15.1%11.3%9.0%
Put IV 25d17.5%14.8%19.7%14.8%18.0%
Bid-Ask Spread %44.5618.9695.7070.6335.00
Gamma HHI0.350.300.380.350.30
Net GEX2.1M1.7M2.4M2.0M1.7M
Net DEX-14.9M-18.8M-6.5M-15.3M-6.5M
Net VEX-178.8K-237.9K-155.9K-188.9K-237.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.662.0111.5811.587.33
Total Volume6,006.2114,85616,3004,9685,156
Total OI37,979.89536,90248,62437,12148,624

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-04-03$26.76$27.0011.4%3.3%12.2%8.4%12.7%3.5%2.9%2.0M-15.3M-188.9K11.5870.63N/AN/A3954,57320,38916,732
2017-04-04$26.87$27.0011.1%3.2%12.3%7.5%12.5%3.9%2.4%2.1M-15.2M-188.3K11.5520.04N/AN/A3964,57420,39016,738
2017-04-05$26.80$27.0010.5%3.0%11.5%5.8%12.3%5.0%2.6%2.4M-16.2M-185.2K10.8873.84N/AN/A4234,60420,39116,739
2017-04-06$26.91$26.0011.3%4.2%11.6%8.1%16.5%3.7%1.2%2.1M-16.9M-187.8K9.6339.84N/AN/A4784,60420,42516,739
2017-04-07$26.85$26.0011.2%4.1%11.6%7.8%16.6%4.8%0.6%2.2M-17.8M-184.7K9.2445.19N/AN/A4984,60420,48016,739
2017-04-10$27.12$26.0012.3%4.2%12.0%10.7%17.1%5.7%0.7%2.3M-18.6M-183.5K8.6531.98N/AN/A5034,35320,51016,739
2017-04-11$27.04$26.0012.5%4.2%10.9%11.2%20.0%7.6%-0.1%2.3M-18.8M-177.7K9.5251.36N/AN/A5084,83620,52616,743
2017-04-12$27.04$26.0016.0%4.6%8.4%20.4%22.6%3.9%-0.2%2.3M-18.7M-183.5K10.7762.44N/AN/A4494,83620,53117,228
2017-04-13$26.73$26.0015.1%4.3%9.4%18.1%22.1%2.6%-0.2%2.3M-18.3M-179.7K10.7495.70N/AN/A4494,82120,53217,228
2017-04-17$26.95$26.0015.9%4.6%9.8%20.2%22.9%3.8%0.3%2.3M-16.9M-175.1K9.1551.48N/AN/A5274,82120,53217,205
2017-04-18$26.77$26.0016.1%4.6%9.9%20.7%22.4%7.2%-0.6%2.2M-15.4M-178.7K9.1353.40N/AN/A5324,85920,52217,211
2017-04-19$26.44$26.0018.3%5.2%10.2%26.5%21.5%7.6%-0.2%2.0M-12.6M-170.9K4.2131.88N/AN/A1,1444,82120,52217,249
2017-04-20$26.66$26.0016.1%4.6%10.5%20.5%20.7%5.1%-1.4%2.1M-11.8M-168.9K3.9245.10N/AN/A1,2284,81720,51217,249
2017-04-21$26.59$26.0015.5%4.5%10.4%19.2%20.6%5.8%1.1%1.9M-12.0M-171.4K3.9349.81N/AN/A1,1764,62020,59817,232
2017-04-24$26.84$26.0014.5%4.2%10.9%16.5%21.9%7.1%-0.0%2.2M-15.7M-159.4K4.1326.54N/AN/A1,1184,61220,10017,136
2017-04-25$26.77$26.0014.0%4.0%10.9%15.2%13.7%5.3%0.3%2.2M-14.6M-161.6K4.5618.96N/AN/A1,1185,09920,12617,136
2017-04-26$26.51$26.0010.8%3.1%11.1%6.7%13.3%7.2%2.5%2.1M-13.8M-155.9K4.6020.33N/AN/A1,1185,14820,13616,766
2017-04-27$26.19$26.0016.6%4.8%11.5%22.1%16.7%4.2%0.1%1.8M-8.1M-157.4K2.0123.02N/AN/A5,42310,87720,13616,827
2017-04-28$26.27$26.0015.9%4.5%11.5%20.1%15.2%9.0%0.6%1.7M-6.5M-237.9K7.3335.00N/AN/A6194,53725,13523,489