EWC Options History — October 2018

In October 2018, EWC traded between $25.81 and $29.08. ATM implied volatility averaged 18.3%, placing in the 25.1% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 5.4% (HV 20d: 12.9%). Max pain ranged from $29.00 to $29.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 1.76.

Notable Days

  • 2018-10-11: Highest Volume — 6,627 contracts
  • 2018-10-08: Largest IV spike — 42.4% change
  • 2018-10-29: Highest IV Rank — 38.5%
  • 2018-10-29: Largest Expected Move — 7.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.46$25.81$29.08$29.08$26.51
Max Pain$29.00$29.00$29.00$29.00$29.00
ATM IV18.3%12.1%25.3%12.3%20.1%
Expected Move5.2%3.5%7.3%3.5%5.8%
HV 20d12.9%7.7%17.6%9.4%17.6%
HV 60d12.4%10.7%14.2%11.1%14.1%
IV Rank25.1%13.3%38.5%13.6%28.5%
IV Percentile81.4%36.5%98.4%41.3%94.0%
Term Structure-0.5%-3.6%1.4%0.2%-1.5%
VWIV17.4%11.4%24.8%12.1%24.1%
Skew 25d7.1%1.1%10.8%7.0%10.2%
Skew 10d14.6%3.4%23.2%9.6%12.3%
Call IV 25d14.6%7.8%21.0%7.8%16.9%
Put IV 25d21.6%10.6%29.1%14.8%27.1%
Bid-Ask Spread %17.1110.4429.1012.2914.56
Gamma HHI0.420.230.720.360.30
Net GEX-3.0M-7.1M-980.2K-3.0M-1.1M
Net DEX31.7M6.0M72.3M6.0M22.6M
Net VEX-98.3K-127.9K-75.3K-118.0K-75.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.760.209.370.200.69
Total Volume2,259.2611,0396,6273,3722,022
Total OI41,041.65231,52554,85744,35131,652

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-10-01$29.08$29.0012.3%3.5%9.4%13.6%12.1%7.0%0.2%-3.0M6.0M-118.0K0.2012.29N/AN/A2,8135598,58035,771
2018-10-02$28.91$29.0012.9%3.7%7.8%14.8%11.4%1.1%0.2%-3.4M9.9M-119.9K1.1013.09N/AN/A4955448,64135,772
2018-10-03$28.93$29.0013.4%3.8%7.7%15.7%13.8%1.1%0.3%-3.4M9.2M-118.4K0.7511.67N/AN/A7285458,70535,738
2018-10-04$28.68$29.0012.1%3.8%8.4%13.3%13.4%4.6%0.7%-4.0M15.8M-123.4K0.9316.66N/AN/A6045619,11035,740
2018-10-05$28.51$29.0012.9%3.9%8.5%14.7%13.8%4.9%1.3%-4.3M18.9M-127.9K0.9519.48N/AN/A6195879,10935,748
2018-10-08$28.44$29.0018.3%4.7%8.6%25.1%14.2%7.1%0.6%-4.5M22.5M-121.8K0.9917.81N/AN/A6206139,10235,738
2018-10-09$28.39$29.0018.5%4.7%8.5%25.5%14.2%6.7%0.2%-4.6M22.4M-119.4K0.9812.16N/AN/A6125989,12635,763
2018-10-10$27.52$29.0015.9%4.6%13.8%20.5%14.8%6.0%1.4%-4.7M42.6M-113.6K7.6827.79N/AN/A7115,4589,12635,783
2018-10-11$27.20$29.0019.8%5.7%14.2%27.8%17.5%6.3%-1.5%-6.6M70.7M-116.0K9.3729.10N/AN/A6395,9889,08545,772
2018-10-12$27.24$29.0019.8%5.7%14.3%28.0%16.7%9.3%-2.0%-3.2M49.7M-98.9K8.2320.52N/AN/A6685,4999,12835,401
2018-10-15$27.36$29.0019.5%5.6%14.4%27.4%16.6%8.9%-0.9%-7.1M72.3M-99.0K0.7214.57N/AN/A6995009,19145,477
2018-10-16$27.68$29.0015.3%4.4%14.3%19.5%16.0%8.8%1.2%-5.3M43.3M-95.4K0.7019.71N/AN/A7155009,18935,481
2018-10-17$27.47$29.0018.4%5.3%14.3%25.2%15.7%8.5%0.0%-2.8M51.4M-84.8K0.6118.54N/AN/A7214389,22235,481
2018-10-18$27.10$29.0019.6%5.6%14.5%27.5%18.4%6.3%0.0%-1.2M54.3M-85.9K0.6725.90N/AN/A7214819,23135,486
2018-10-19$27.18$29.0019.2%5.5%14.6%26.8%18.4%8.3%-0.1%-980.2K53.7M-81.7K0.6615.78N/AN/A7214739,23135,437
2018-10-22$27.14$29.0019.3%5.5%14.6%27.0%18.7%7.2%-0.5%-1.0M20.3M-80.6K0.4410.44N/AN/A1,2045288,71722,887
2018-10-23$26.96$29.0019.0%5.4%14.7%26.3%19.4%6.8%-0.2%-1.0M21.5M-83.7K0.6712.57N/AN/A1,1777939,00722,995
2018-10-24$26.52$29.0019.4%5.6%15.4%27.2%20.5%8.6%-1.1%-1.1M22.9M-81.5K1.0817.21N/AN/A1,1721,2669,01722,700
2018-10-25$26.40$29.0023.6%6.8%15.3%35.2%19.4%10.8%-2.2%-1.2M23.5M-78.9K1.1012.07N/AN/A1,1551,2769,01722,690
2018-10-26$26.27$29.0023.1%6.6%15.2%34.2%22.0%7.8%-1.5%-1.2M25.0M-80.5K0.6213.47N/AN/A1,1457109,02422,700
2018-10-29$25.81$29.0025.3%7.3%14.7%38.5%24.8%8.1%-3.6%-1.2M26.2M-79.1K0.7124.70N/AN/A1,1898439,02522,500
2018-10-30$26.28$29.0024.0%6.9%17.0%35.9%23.6%8.3%-2.0%-1.2M25.0M-78.0K0.7313.50N/AN/A1,1888659,02722,636
2018-10-31$26.51$29.0020.1%5.8%17.6%28.5%24.1%10.2%-1.5%-1.1M22.6M-75.3K0.6914.56N/AN/A1,1968269,02722,625