EWC Options History — February 2019

In February 2019, EWC traded between $26.74 and $27.99. ATM implied volatility averaged 14.0%, placing in the 22.5% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded above realized volatility by 3.7% (HV 20d: 10.3%). Max pain ranged from $26.00 to $27.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 18 of 19 days. Put/call ratio averaged 100.51.

Notable Days

2019-02-27: Highest Volume — 1,626 contracts
2019-02-06: Largest IV spike — 88.4% change
2019-02-08: Highest IV Rank — 34.8%
2019-02-08: Largest Expected Move — 4.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$27.41	$26.74	$27.99	$27.10	$27.88
Max Pain	$26.47	$26.00	$27.00	$26.00	$27.00
ATM IV	14.0%	8.0%	16.5%	13.8%	13.1%
Expected Move	4.2%	3.7%	4.7%	4.5%	3.8%
HV 20d	10.3%	9.2%	12.5%	12.5%	9.2%
HV 60d	17.1%	16.0%	17.7%	17.6%	16.1%
IV Rank	22.5%	0.0%	34.8%	10.2%	21.0%
IV Percentile	38.9%	0.0%	54.8%	36.1%	31.0%
Term Structure	1.0%	-0.1%	2.0%	0.5%	1.6%
VWIV	15.6%	12.0%	19.5%	15.0%	13.0%
Skew 25d	4.6%	-0.3%	9.4%	4.7%	0.6%
Skew 10d	6.0%	2.1%	12.3%	3.8%	2.8%
Call IV 25d	11.0%	7.0%	14.4%	12.1%	10.6%
Put IV 25d	15.6%	10.6%	20.1%	16.8%	11.2%
Bid-Ask Spread %	76.22	49.43	100.10	96.58	49.43
Gamma HHI	0.25	0.21	0.28	0.26	0.21
Net GEX	-1.7M	-2.4M	-1.0M	-2.0M	-1.2M
Net DEX	9.4M	5.8M	14.8M	11.5M	6.8M
Net VEX	-82.7K	-109.3K	-62.3K	-97.7K	-67.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	100.51	0.00	948.00	3.93	28.04
Total Volume	454.737	35	1,626	439	1,626
Total OI	36,528.263	35,666	37,628	35,666	37,628

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2019-02-01	$27.10	$26.00	13.8%	4.5%	12.5%	10.2%	15.0%	4.7%	0.5%	-2.0M	11.5M	-97.7K	3.93	96.58	N/A	N/A	89	350	1,191	34,475
2019-02-04	$27.20	$26.00	14.8%	4.2%	10.6%	12.1%	19.5%	4.7%	1.2%	-1.9M	10.3M	-90.3K	0.00	88.38	N/A	N/A	37	0	1,231	34,781
2019-02-05	$27.35	$26.00	8.0%	4.3%	10.2%	0.0%	15.6%	4.2%	1.5%	-1.8M	9.2M	-82.8K	4.57	100.10	N/A	N/A	46	210	1,232	34,781
2019-02-06	$27.23	$26.00	15.1%	4.3%	10.6%	14.3%	0.0%	4.2%	2.0%	-1.7M	9.3M	-86.6K	627.00	90.37	N/A	N/A	1	627	1,237	34,991
2019-02-07	$27.03	$26.00	15.9%	4.6%	9.8%	32.4%	19.1%	4.6%	0.4%	-2.2M	13.3M	-105.1K	948.00	84.23	N/A	N/A	1	948	1,238	35,507
2019-02-08	$26.90	$26.00	16.5%	4.7%	10.1%	34.8%	19.5%	5.9%	-0.1%	-2.3M	14.8M	-109.3K	97.29	69.56	N/A	N/A	7	681	1,238	35,801
2019-02-11	$26.74	$26.00	15.1%	4.3%	10.4%	29.0%	0.0%	8.2%	0.3%	-2.4M	14.7M	-106.8K	0.00	80.26	N/A	N/A	0	35	1,243	35,802
2019-02-12	$27.01	$26.00	15.1%	4.3%	10.8%	29.3%	0.0%	8.7%	0.2%	-2.2M	12.4M	-97.4K	3.36	81.62	N/A	N/A	11	37	1,243	35,834
2019-02-13	$26.97	$26.00	15.3%	4.4%	10.7%	29.8%	0.0%	7.6%	0.0%	-2.1M	11.8M	-93.7K	3.36	83.16	N/A	N/A	11	37	1,240	35,837
2019-02-14	$27.09	$26.00	14.6%	4.2%	10.7%	27.1%	14.6%	8.7%	1.7%	-2.0M	10.9M	-88.8K	4.38	82.71	N/A	N/A	13	57	1,240	35,837
2019-02-15	$27.40	$27.00	15.2%	4.3%	11.1%	29.4%	17.1%	9.4%	1.5%	-1.6M	8.7M	-79.0K	6.16	80.58	N/A	N/A	19	117	1,240	35,856
2019-02-19	$27.63	$27.00	12.8%	3.7%	11.1%	19.5%	15.5%	3.5%	1.3%	-1.4M	6.7M	-68.2K	2.67	54.00	N/A	N/A	18	48	1,188	34,625
2019-02-20	$27.89	$27.00	13.8%	3.9%	9.7%	23.6%	15.0%	6.3%	1.4%	-1.2M	6.3M	-68.6K	12.79	71.04	N/A	N/A	24	307	1,206	34,636
2019-02-21	$27.72	$27.00	13.2%	3.8%	10.2%	21.1%	14.5%	4.6%	1.1%	-1.2M	6.8M	-70.4K	13.95	72.58	N/A	N/A	21	293	1,213	34,830
2019-02-22	$27.89	$27.00	13.5%	3.9%	10.3%	22.4%	12.0%	0.6%	1.2%	-1.1M	6.1M	-66.9K	10.77	69.22	N/A	N/A	30	323	1,211	34,808
2019-02-25	$27.90	$27.00	13.5%	3.9%	9.6%	22.7%	0.0%	-0.3%	1.1%	-1.0M	5.8M	-62.3K	7.58	59.06	N/A	N/A	33	250	1,219	34,838
2019-02-26	$27.96	$27.00	13.5%	3.9%	9.5%	22.4%	13.5%	1.1%	0.9%	-1.1M	6.1M	-63.6K	11.63	66.22	N/A	N/A	56	651	1,250	35,333
2019-02-27	$27.99	$27.00	14.4%	4.1%	9.3%	26.3%	14.4%	0.4%	0.5%	-1.2M	6.5M	-65.5K	23.64	69.16	N/A	N/A	66	1,560	1,243	35,734
2019-02-28	$27.88	$27.00	13.1%	3.8%	9.2%	21.0%	13.0%	0.6%	1.6%	-1.2M	6.8M	-67.4K	28.04	49.43	N/A	N/A	56	1,570	1,235	36,393