EWC Options History — November 2017

In November 2017, EWC traded between $28.85 and $29.44. ATM implied volatility averaged 12.3%, placing in the 27.7% IV rank vs the trailing year. The 30-day expected move averaged 3.6%. IV traded above realized volatility by 4.7% (HV 20d: 7.7%). Max pain ranged from $27.00 to $29.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 8.85.

Notable Days

  • 2017-11-30: Highest Volume — 10,667 contracts
  • 2017-11-02: Largest IV drop — 41.3% change
  • 2017-11-15: Highest IV Rank — 42.5%
  • 2017-11-01: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.14$28.85$29.44$28.87$28.97
Max Pain$27.10$27.00$29.00$29.00$27.00
ATM IV12.3%10.3%19.1%19.1%12.2%
Expected Move3.6%3.2%5.5%5.5%3.5%
HV 20d7.7%7.0%8.2%7.4%8.0%
HV 60d7.5%6.9%8.0%8.0%6.9%
IV Rank27.7%5.7%42.5%29.8%36.5%
IV Percentile38.8%5.6%94.4%94.4%42.1%
Term Structure0.5%-1.3%2.2%0.8%-0.4%
VWIV13.7%11.3%21.3%21.3%12.3%
Skew 25d3.7%-20.7%7.3%-20.7%4.6%
Skew 10d4.3%-20.0%12.2%-18.3%5.5%
Call IV 25d10.9%6.4%42.1%42.1%10.5%
Put IV 25d14.6%12.9%21.4%21.4%15.1%
Bid-Ask Spread %33.017.22129.94129.9412.09
Gamma HHI0.340.230.590.230.24
Net GEX-1.1M-2.7M-19.0K-1.1M-405.0K
Net DEX-5.4M-9.4M4.5M4.5M-4.7M
Net VEX-133.9K-143.2K-115.3K-137.6K-136.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio8.850.9729.052.0229.05
Total Volume7,199.7145,58310,6677,10510,667
Total OI41,795.42939,33944,06440,46941,291

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-11-01$28.87$29.0019.1%5.5%7.4%29.8%21.3%-20.7%0.8%-1.1M4.5M-137.6K2.02129.94N/AN/A2,3534,7525,57934,890
2017-11-02$28.98$27.0011.2%3.5%7.3%8.1%14.9%6.2%0.8%-1.8M1.4M-133.8K2.0510.56N/AN/A2,3184,7565,62934,878
2017-11-03$29.11$27.0010.8%3.5%7.5%7.2%11.3%3.2%0.4%-1.8M-452.6K-128.3K2.0110.53N/AN/A2,3274,6765,63334,898
2017-11-06$29.34$27.0010.8%3.7%8.0%7.1%12.0%3.8%0.1%-1.6M-3.3M-115.3K0.9710.80N/AN/A4,8024,6755,64234,918
2017-11-07$29.25$27.0010.3%3.5%7.9%5.7%11.9%3.9%0.8%-1.4M-7.5M-134.8K2.0312.72N/AN/A2,3074,6858,14534,916
2017-11-08$29.35$27.0011.9%3.4%7.6%10.2%11.3%2.5%0.9%-1.2M-8.8M-127.3K2.0011.79N/AN/A2,3454,6858,15034,916
2017-11-09$29.44$27.0013.2%3.8%7.5%13.6%13.0%4.0%0.5%-1.3M-9.4M-127.4K2.0453.20N/AN/A2,2994,6888,18634,916
2017-11-10$29.34$27.0012.9%3.7%7.6%38.7%12.1%2.8%0.1%-1.3M-8.6M-131.6K2.0513.59N/AN/A2,2884,6898,18934,945
2017-11-13$29.20$27.0012.4%3.6%7.7%35.0%11.8%3.9%0.2%-1.6M-7.5M-132.9K2.0610.77N/AN/A2,3084,7478,19234,935
2017-11-14$29.00$27.0013.0%3.7%8.1%40.6%13.1%1.7%-0.4%-2.0M-4.9M-135.8K1.8866.37N/AN/A2,6815,0468,19135,018
2017-11-15$28.89$27.0013.1%3.8%8.0%42.5%13.2%6.4%0.0%-2.1M-3.4M-143.2K2.2155.76N/AN/A2,3375,1728,57635,314
2017-11-16$29.00$27.0013.0%3.7%8.2%41.5%13.1%6.9%0.1%-2.7M-4.5M-140.6K3.0328.31N/AN/A2,3707,1848,55835,469
2017-11-17$29.07$27.0012.0%3.4%7.7%32.8%13.7%6.0%1.2%-19.0K-8.1M-138.0K2.2128.58N/AN/A2,3475,1928,59935,465
2017-11-20$29.00$27.0011.5%3.3%7.7%29.6%14.1%6.9%0.9%-29.6K-7.8M-134.1K16.2830.66N/AN/A3235,2608,48730,852
2017-11-21$29.21$27.0012.3%3.5%8.2%37.0%13.6%7.3%0.8%-59.1K-7.4M-142.4K18.358.45N/AN/A2945,3958,50031,046
2017-11-22$29.38$27.0011.1%3.2%7.0%26.4%14.1%5.1%2.2%-136.9K-8.4M-137.5K22.9378.33N/AN/A2966,7888,50231,293
2017-11-24$29.41$27.0011.5%3.3%7.0%30.0%13.8%6.7%1.1%-554.9K-8.4M-127.8K23.2576.98N/AN/A2926,7888,50132,661
2017-11-27$29.17$27.0012.2%3.5%7.5%35.8%18.1%5.2%1.0%-453.1K-7.1M-127.4K20.2224.99N/AN/A2705,4608,53332,661
2017-11-28$29.03$27.0011.8%3.4%7.7%32.3%16.3%6.3%0.5%-419.3K-5.0M-139.0K14.537.22N/AN/A3635,2748,54532,739
2017-11-29$28.85$27.0012.7%3.6%7.9%40.6%13.4%5.0%-1.3%-351.4K-3.7M-139.4K14.6911.65N/AN/A3635,3328,59832,748
2017-11-30$28.97$27.0012.2%3.5%8.0%36.5%12.3%4.6%-0.4%-405.0K-4.7M-136.5K29.0512.09N/AN/A35510,3128,60132,690