EWC Options History — April 2019

In April 2019, EWC traded between $27.97 and $28.66. ATM implied volatility averaged 11.6%, placing in the 14.6% IV rank vs the trailing year. The 30-day expected move averaged 3.5%. IV traded above realized volatility by 3.4% (HV 20d: 8.1%). Max pain ranged from $28.00 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 27.19.

Notable Days

  • 2019-04-18: Highest Volume — 1,496 contracts
  • 2019-04-23: Largest IV spike — 95.1% change
  • 2019-04-23: Highest IV Rank — 44.9%
  • 2019-04-23: Largest Expected Move — 5.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.36$27.97$28.66$27.97$28.60
Max Pain$28.05$28.00$29.00$29.00$28.00
ATM IV11.6%8.4%18.9%13.0%9.2%
Expected Move3.5%2.4%5.4%3.8%2.6%
HV 20d8.1%5.6%9.7%9.7%5.6%
HV 60d9.3%8.4%11.2%11.2%8.4%
IV Rank14.6%1.6%44.9%20.3%4.9%
IV Percentile20.7%0.4%81.0%34.5%2.4%
Term Structure1.2%-3.2%4.4%0.3%0.6%
VWIV12.8%10.0%17.6%13.2%12.2%
Skew 25d4.1%-2.8%15.9%1.5%1.9%
Skew 10d2.7%-4.3%43.4%3.5%1.8%
Call IV 25d9.0%6.3%12.5%9.6%10.2%
Put IV 25d13.2%8.1%23.2%11.1%12.1%
Bid-Ask Spread %77.0529.69116.3795.4245.48
Gamma HHI0.260.220.300.220.27
Net GEX-1.7M-2.1M-1.2M-2.0M-1.3M
Net DEX7.6M4.8M11.4M11.4M5.1M
Net VEX-59.4K-81.1K-42.0K-81.1K-43.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio27.190.0098.406.530.00
Total Volume359.66701,49612825
Total OI32,335.09531,96733,79631,99032,263

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$27.97$29.0013.0%3.8%9.7%20.3%13.2%1.5%0.3%-2.0M11.4M-81.1K6.5395.42N/AN/A1711180231,188
2019-04-02$27.98$28.0012.3%3.8%9.7%17.5%13.4%1.6%1.1%-2.1M11.4M-80.3K4.4396.33N/AN/A2812481431,283
2019-04-03$28.03$28.0013.1%3.8%9.3%20.7%13.2%8.8%-0.2%-2.0M10.8M-79.0K5.9291.96N/AN/A2615482031,296
2019-04-04$28.04$28.0013.1%3.6%9.1%20.9%12.7%8.0%0.4%-2.1M10.8M-77.0K11.2089.45N/AN/A2022482831,296
2019-04-05$28.12$28.0010.9%3.6%9.0%12.0%12.4%7.0%0.9%-2.1M10.2M-74.1K12.6591.37N/AN/A2025382931,360
2019-04-08$28.31$28.008.7%3.7%8.8%2.7%13.2%8.7%0.6%-2.0M7.9M-64.4K0.5098.97N/AN/A2182931,298
2019-04-09$28.20$28.009.7%3.8%8.9%6.8%13.2%6.9%0.5%-2.1M8.5M-64.1K0.8382.46N/AN/A242083131,299
2019-04-10$28.31$28.0012.9%3.7%8.8%20.1%12.9%7.4%1.2%-2.0M7.5M-60.6K14.5092.20N/AN/A1014584431,299
2019-04-11$28.23$28.0012.4%3.5%8.6%17.9%12.7%4.6%1.0%-2.1M7.7M-59.6K29.5596.09N/AN/A1132585131,424
2019-04-12$28.46$28.0012.2%3.5%8.9%17.1%12.2%3.7%1.9%-1.7M6.2M-54.0K30.68101.13N/AN/A2267585131,617
2019-04-15$28.46$28.0013.0%3.7%8.7%20.6%11.7%1.0%1.3%-1.7M6.3M-54.0K0.1795.91N/AN/A12284031,617
2019-04-16$28.52$28.008.4%2.4%8.7%1.6%11.3%1.2%0.9%-1.7M6.0M-51.6K91.1490.39N/AN/A141,27685231,619
2019-04-17$28.63$28.0010.0%2.9%8.7%8.1%11.8%3.0%1.2%-1.6M6.7M-53.9K98.4099.49N/AN/A151,47685432,850
2019-04-18$28.65$28.008.6%2.5%8.6%2.2%13.2%3.5%4.4%-1.3M5.6M-49.5K73.80116.37N/AN/A201,47685232,944
2019-04-22$28.66$28.009.7%2.8%6.1%6.8%0.0%-2.4%1.9%-1.2M5.1M-46.0K0.0029.69N/AN/A1077931,188
2019-04-23$28.63$28.0018.9%5.4%6.1%44.9%14.4%6.1%4.4%-1.4M6.6M-52.7K0.0059.44N/AN/A25077931,188
2019-04-24$28.40$28.0013.1%3.8%6.9%20.9%17.6%-2.8%-3.2%-1.4M6.6M-53.0K21.1741.75N/AN/A612778131,188
2019-04-25$28.40$28.0012.3%3.5%6.7%17.5%11.8%4.0%3.8%-1.5M8.2M-58.8K71.1737.06N/AN/A642777931,483
2019-04-26$28.45$28.0011.3%3.3%6.7%13.7%10.0%15.9%3.4%-1.4M6.2M-47.3K71.1732.33N/AN/A642777831,483
2019-04-29$28.53$28.0010.1%2.9%6.7%8.4%0.0%-2.5%-1.4%-1.3M4.8M-42.0K0.0034.75N/AN/A0077831,483
2019-04-30$28.60$28.009.2%2.6%5.6%4.9%12.2%1.9%0.6%-1.3M5.1M-43.3K0.0045.48N/AN/A25078031,483