EWC Options History — September 2017

In September 2017, EWC traded between $27.90 and $28.99. ATM implied volatility averaged 12.2%, placing in the 10.4% IV rank vs the trailing year. The 30-day expected move averaged 3.4%. IV traded above realized volatility by 3.0% (HV 20d: 9.2%). Max pain ranged from $25.00 to $28.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 1.32.

Notable Days

  • 2017-09-01: Highest Volume — 8,876 contracts
  • 2017-09-21: Largest IV spike — 31.0% change
  • 2017-09-11: Highest IV Rank — 22.2%
  • 2017-09-05: Largest Expected Move — 3.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.58$27.90$28.99$28.13$28.94
Max Pain$27.85$25.00$28.00$25.00$28.00
ATM IV12.2%8.4%16.7%12.2%10.7%
Expected Move3.4%2.4%3.9%3.5%3.1%
HV 20d9.2%7.3%10.7%9.4%7.3%
HV 60d9.7%8.6%10.9%10.6%8.6%
IV Rank10.4%0.3%22.2%10.4%6.8%
IV Percentile27.6%0.4%80.2%25.8%8.7%
Term Structure1.1%0.1%2.3%1.2%1.0%
VWIV12.9%9.9%14.1%13.6%9.9%
Skew 25d4.9%0.8%7.3%7.3%0.8%
Skew 10d8.4%2.0%13.6%12.5%2.0%
Call IV 25d9.3%7.9%12.0%8.6%8.0%
Put IV 25d14.2%8.8%17.1%15.9%8.8%
Bid-Ask Spread %25.907.6499.488.4820.85
Gamma HHI0.200.190.210.200.20
Net GEX-617.2K-1.1M-180.2K-533.0K-391.6K
Net DEX-5.8M-9.1M-1.1M-7.4M-6.2M
Net VEX-158.8K-221.6K-136.2K-221.6K-151.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.320.157.871.257.87
Total Volume4,029.759788,8768,8763,689
Total OI46,098.0538,70957,52857,52843,433

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-09-01$28.13$25.0012.2%3.5%9.4%10.4%13.6%7.3%1.2%-533.0K-7.4M-221.6K1.258.48N/AN/A3,9414,93512,24945,279
2017-09-05$27.90$28.0013.4%3.9%9.9%13.4%14.1%5.3%0.7%-910.7K-1.7M-185.9K1.2530.46N/AN/A3,9424,9338,76641,793
2017-09-06$28.22$28.0013.9%3.9%10.7%14.9%13.8%4.3%0.8%-784.7K-4.7M-177.5K0.1626.17N/AN/A3,9926358,76641,795
2017-09-07$28.38$28.0013.7%3.8%10.5%14.4%13.8%5.9%0.1%-744.1K-6.5M-168.6K0.1510.55N/AN/A3,9766168,82041,848
2017-09-08$28.28$28.0013.1%3.8%9.2%12.9%13.8%4.4%0.3%-756.1K-6.0M-167.0K0.4026.70N/AN/A3,9751,5778,83541,880
2017-09-11$28.49$28.0016.7%3.9%9.4%22.2%14.1%5.5%0.6%-1.1M-6.8M-164.4K0.4029.69N/AN/A3,9261,5888,84742,772
2017-09-12$28.52$28.0016.3%3.0%9.4%21.2%13.0%4.3%2.3%-1.0M-7.9M-161.4K0.4028.80N/AN/A3,9361,5888,84442,773
2017-09-13$28.49$28.0013.0%3.7%9.3%12.6%13.0%4.2%0.7%-1.0M-7.8M-160.1K1.9623.45N/AN/A8281,6268,87042,773
2017-09-14$28.60$28.0011.3%3.2%9.2%7.9%13.6%5.4%0.9%-831.7K-8.6M-156.4K3.1519.71N/AN/A5131,6168,86742,788
2017-09-15$28.58$28.0010.5%3.0%8.8%6.1%13.8%5.0%2.0%-625.7K-9.1M-155.7K3.3127.65N/AN/A5011,6608,86042,784
2017-09-18$28.49$28.0013.6%3.9%9.0%14.1%13.2%4.6%0.3%-620.9K-1.1M-153.3K1.1135.77N/AN/A5516136,09033,059
2017-09-19$28.65$28.0011.2%3.2%9.1%7.7%13.6%5.4%1.0%-590.4K-1.8M-149.7K1.6821.04N/AN/A3656136,03133,084
2017-09-20$28.69$28.008.4%2.4%9.1%0.3%10.1%4.0%2.2%-532.7K-1.7M-149.0K0.2799.48N/AN/A2,4276486,01133,084
2017-09-21$28.82$28.0010.9%3.1%8.9%7.1%11.8%6.1%1.6%-527.2K-1.8M-141.3K0.3120.21N/AN/A2,3987495,52533,184
2017-09-22$28.81$28.0010.7%3.1%9.0%6.7%13.2%5.3%1.5%-342.4K-6.6M-147.7K0.3328.43N/AN/A2,3477637,54033,194
2017-09-25$28.85$28.0011.4%3.3%9.0%8.7%13.5%6.1%1.1%-334.2K-6.9M-144.9K0.3212.32N/AN/A2,3967637,56733,240
2017-09-26$28.84$28.0011.1%3.2%8.7%8.0%13.2%5.9%1.4%-294.8K-7.1M-143.8K0.3218.52N/AN/A2,3817657,65033,250
2017-09-27$28.83$28.0010.6%3.0%8.7%6.4%12.3%5.5%1.1%-180.2K-7.8M-140.6K0.3322.03N/AN/A2,3827757,66133,239
2017-09-28$28.99$28.0010.5%3.0%8.5%6.3%10.0%1.6%1.5%-183.5K-8.5M-136.2K1.347.64N/AN/A2,4193,2477,66133,249
2017-09-29$28.94$28.0010.7%3.1%7.3%6.8%9.9%0.8%1.0%-391.6K-6.2M-151.7K7.8720.85N/AN/A4163,2737,69435,739