EWC Options History — June 2018

In June 2018, EWC traded between $28.01 and $29.09. ATM implied volatility averaged 12.8%, placing in the 14.6% IV rank vs the trailing year. The 30-day expected move averaged 3.7%. IV traded above realized volatility by 0.2% (HV 20d: 12.5%). Max pain ranged from $29.00 to $32.00. Net GEX was positive for 4 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 8.58.

Notable Days

  • 2018-06-08: Highest Volume — 5,599 contracts
  • 2018-06-11: Largest IV spike — 57.1% change
  • 2018-06-26: Highest IV Rank — 21.6%
  • 2018-06-26: Largest Expected Move — 4.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.62$28.01$29.09$28.71$28.56
Max Pain$31.86$29.00$32.00$29.00$32.00
ATM IV12.8%8.8%16.4%11.6%11.8%
Expected Move3.7%2.5%4.7%3.3%3.4%
HV 20d12.5%11.1%14.7%13.2%13.8%
HV 60d12.3%11.4%12.9%12.9%12.0%
IV Rank14.6%7.1%21.6%12.4%12.7%
IV Percentile48.5%2.8%86.5%35.3%40.1%
Term Structure0.7%-1.0%2.7%-1.0%1.8%
VWIV14.3%11.3%20.6%14.4%14.8%
Skew 25d5.4%2.4%7.8%4.2%7.0%
Skew 10d8.2%3.5%14.7%3.5%10.0%
Call IV 25d11.0%8.4%14.6%10.9%11.0%
Put IV 25d16.4%14.4%19.8%15.0%18.0%
Bid-Ask Spread %24.717.9099.0212.8011.31
Gamma HHI0.300.180.520.500.18
Net GEX-856.3K-2.9M1.5M-2.9M-1.1M
Net DEX6.8M2.1M11.7M11.7M6.9M
Net VEX-114.4K-128.0K-104.1K-128.0K-116.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio8.582.6615.392.7410.83
Total Volume3,843.7622,2285,5994,5763,076
Total OI32,443.66722,58141,20639,35124,985

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-06-01$28.71$29.0011.6%3.3%13.2%12.4%14.4%4.2%-1.0%-2.9M11.7M-128.0K2.7412.80N/AN/A1,2223,3547,04932,302
2018-06-04$28.78$32.0010.5%3.6%13.0%10.3%14.6%6.5%0.1%-2.4M9.3M-120.7K2.7140.25N/AN/A1,2193,3087,04532,302
2018-06-05$28.78$32.0013.3%3.7%13.0%15.6%13.4%5.4%0.9%-2.9M11.1M-118.8K2.6735.15N/AN/A1,2383,3087,04032,297
2018-06-06$28.92$32.009.7%3.7%13.0%8.6%15.2%7.6%-0.5%-1.1M4.8M-111.8K2.6642.81N/AN/A1,2423,3087,03432,297
2018-06-07$28.93$32.0011.2%2.5%12.4%11.5%13.4%5.9%2.7%-1.2M4.4M-108.8K2.7080.49N/AN/A1,2283,3137,03432,297
2018-06-08$29.03$32.008.8%3.7%11.5%7.1%14.9%5.9%0.5%454.7K2.6M-104.1K3.5699.02N/AN/A1,2284,3717,03732,297
2018-06-11$29.09$32.0013.9%3.4%11.6%16.7%14.5%3.7%1.5%-242.7K2.1M-104.3K12.5521.24N/AN/A3514,4067,03733,293
2018-06-12$28.98$32.0011.1%3.3%11.4%11.4%14.4%3.4%1.4%1.0M3.5M-106.2K12.2611.04N/AN/A3554,3537,19833,333
2018-06-13$29.08$32.0011.9%3.4%11.4%12.9%14.3%6.4%0.9%1.1M2.3M-108.4K10.3827.53N/AN/A3553,6857,20433,348
2018-06-14$28.96$32.0011.0%3.2%11.1%11.2%12.4%5.8%1.8%1.5M3.8M-106.7K9.8610.07N/AN/A3553,5007,20433,951
2018-06-15$28.71$32.0011.0%3.1%11.4%11.1%11.8%4.4%1.7%-848.4K9.7M-108.2K8.9510.60N/AN/A3873,4627,20434,002
2018-06-18$28.77$32.0011.0%3.1%11.4%11.1%12.3%5.5%0.8%-834.1K5.4M-105.1K6.0916.70N/AN/A3241,9743,86418,717
2018-06-19$28.25$32.0014.4%4.1%12.5%17.7%15.1%2.4%-0.2%-939.5K6.8M-111.0K7.1615.50N/AN/A2731,9553,89818,717
2018-06-20$28.41$32.0015.2%4.4%12.7%19.2%15.0%5.1%-0.3%-803.3K5.7M-112.2K12.987.90N/AN/A2453,1793,90718,717
2018-06-21$28.21$32.0015.4%4.4%12.8%19.6%18.1%3.8%0.2%-949.2K7.9M-122.8K15.0713.15N/AN/A2453,6923,91219,903
2018-06-22$28.54$32.0012.4%3.6%13.6%13.8%20.6%7.8%1.7%-1.0M7.1M-120.4K15.3910.79N/AN/A2423,7253,89021,052
2018-06-25$28.01$32.0016.2%4.6%14.7%21.1%12.9%5.5%-0.3%-1.2M10.0M-124.8K10.6213.73N/AN/A2632,7923,89021,055
2018-06-26$28.22$32.0016.4%4.7%14.2%21.6%11.3%6.8%-0.8%-1.1M8.6M-119.7K10.6215.13N/AN/A2632,7923,89021,127
2018-06-27$28.01$32.0016.0%4.6%12.4%20.7%13.8%4.4%0.7%-1.2M10.2M-123.7K10.2312.38N/AN/A2732,7923,89021,114
2018-06-28$28.13$32.0015.6%4.5%12.5%20.0%13.0%5.1%0.3%-1.2M9.2M-121.3K10.2311.29N/AN/A2732,7933,89021,094
2018-06-29$28.56$32.0011.8%3.4%13.8%12.7%14.8%7.0%1.8%-1.1M6.9M-116.1K10.8311.31N/AN/A2602,8163,89021,095