EWC Options History — July 2019

In July 2019, EWC traded between $28.41 and $29.01. ATM implied volatility averaged 12.1%, placing in the 16.3% IV rank vs the trailing year. The 30-day expected move averaged 3.5%. IV traded above realized volatility by 5.0% (HV 20d: 7.1%). Max pain ranged from $28.00 to $29.00. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 82.42.

Notable Days

  • 2019-07-09: Highest Volume — 14,259 contracts
  • 2019-07-31: Largest IV spike — 416.1% change
  • 2019-07-31: Highest IV Rank — 100.0%
  • 2019-07-31: Largest Expected Move — 12.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.83$28.41$29.01$28.68$28.41
Max Pain$28.95$28.00$29.00$29.00$29.00
ATM IV12.1%7.6%41.7%10.1%41.7%
Expected Move3.5%2.2%12.0%2.9%12.0%
HV 20d7.1%4.3%9.4%9.4%6.3%
HV 60d9.9%9.6%10.1%10.0%9.7%
IV Rank16.3%0.0%100.0%9.3%100.0%
IV Percentile14.9%0.0%100.0%6.3%100.0%
Term Structure0.6%-18.6%5.9%1.0%-18.6%
VWIV10.8%6.0%15.2%6.5%6.1%
Skew 25d4.3%-2.4%7.6%-2.4%1.6%
Skew 10d4.7%-2.1%24.5%-0.1%2.5%
Call IV 25d8.6%6.4%12.2%10.8%12.2%
Put IV 25d12.9%8.5%15.2%8.5%13.7%
Bid-Ask Spread %63.7415.64125.6229.7590.09
Gamma HHI0.560.370.800.660.41
Net GEX3.2M-1.6M14.1M-1.3M-1.5M
Net DEX146.5K-14.0M13.8M4.0M13.8M
Net VEX-54.1K-76.4K-28.3K-30.3K-66.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio82.420.001337.0027.896.00
Total Volume1,351.682414,25952063
Total OI28,519.27319,33742,36119,33722,134

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-07-01$28.68$29.0010.1%2.9%9.4%9.3%0.0%-2.4%1.0%-1.3M4.0M-30.3K27.8929.75N/AN/A1850232219,015
2019-07-02$28.76$29.007.6%2.2%8.2%0.0%6.5%5.3%4.7%-765.6K3.9M-30.7K29.8635.47N/AN/A2162734119,515
2019-07-03$28.99$29.008.8%2.5%8.5%4.9%6.0%3.5%5.9%-1.0M3.5M-28.3K29.8661.76N/AN/A2162734119,640
2019-07-05$28.95$28.0011.0%3.5%8.5%13.8%14.5%6.7%0.3%-979.7K3.4M-28.5K29.9083.68N/AN/A2162834119,640
2019-07-08$28.85$29.0012.1%3.4%8.5%18.1%14.3%5.4%0.5%-1.1M4.0M-29.2K1337.0082.69N/AN/A34,01134119,641
2019-07-09$28.88$29.0011.5%3.3%8.5%15.9%11.9%5.5%0.7%-1.6M5.9M-37.6K0.0673.49N/AN/A13,47278734423,150
2019-07-10$28.99$29.0011.8%3.4%8.5%17.3%12.0%5.7%0.2%7.0M-14.0M-64.6K150.82125.62N/AN/A223,31813,81023,851
2019-07-11$29.01$29.0011.3%3.3%8.1%15.2%11.4%4.8%0.9%7.6M-13.0M-76.4K3.8290.00N/AN/A6826013,82027,093
2019-07-12$28.97$29.0011.1%3.2%8.2%14.1%11.3%5.6%1.1%9.1M-11.4M-75.0K3.8788.74N/AN/A6826313,80527,343
2019-07-15$28.95$29.0011.3%3.2%8.2%15.0%0.0%5.9%0.8%14.1M-9.5M-70.5K0.0085.16N/AN/A14013,80527,346
2019-07-16$28.93$29.0011.1%3.2%7.8%14.2%11.2%4.5%0.7%10.7M-8.9M-68.7K0.1186.83N/AN/A27313,81927,346
2019-07-17$28.90$29.0011.3%3.2%6.9%14.8%13.7%5.6%1.0%13.1M-6.5M-65.1K65.0774.14N/AN/A271,75713,80627,349
2019-07-18$28.95$29.0011.5%3.3%6.4%15.8%8.6%0.5%1.0%13.0M-8.4M-66.3K33.9098.72N/AN/A411,39013,80628,427
2019-07-19$28.88$29.0011.6%3.3%5.2%16.3%15.2%6.6%0.4%13.7M-3.4M-61.9K34.2499.28N/AN/A411,40413,80028,561
2019-07-22$28.80$29.0010.5%3.0%5.2%11.8%11.2%5.1%1.4%-1.0M4.4M-57.8K1.6770.61N/AN/A353,76018,354
2019-07-23$28.86$29.0010.8%3.1%5.2%13.0%11.2%4.1%1.2%-1.0M4.5M-56.5K14.0021.76N/AN/A3423,76018,357
2019-07-24$28.93$29.0011.2%3.2%4.3%14.5%11.7%5.1%0.7%-905.2K3.0M-53.4K17.3317.73N/AN/A3523,76018,357
2019-07-25$28.62$29.0010.2%2.9%6.0%10.7%11.1%3.4%1.7%-1.5M7.4M-59.3K17.3328.19N/AN/A3523,76318,367
2019-07-26$28.72$29.0010.6%3.0%6.0%12.0%11.2%2.7%1.6%-1.3M5.9M-55.8K10.4020.29N/AN/A5523,76318,367
2019-07-29$28.64$29.0010.3%2.9%6.0%10.9%10.2%1.8%1.2%-1.4M6.6M-53.2K0.0022.64N/AN/A403,76518,367
2019-07-30$28.59$29.008.1%2.3%6.0%2.0%6.2%7.6%5.4%-1.6M8.0M-55.1K0.0015.64N/AN/A903,76518,367
2019-07-31$28.41$29.0041.7%12.0%6.3%100.0%6.1%1.6%-18.6%-1.5M13.8M-66.1K6.0090.09N/AN/A9543,76718,367