EWC Options History — August 2019

In August 2019, EWC traded between $27.35 and $28.30. ATM implied volatility averaged 15.4%, placing in the 22.9% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded above realized volatility by 2.4% (HV 20d: 13.0%). Max pain ranged from $28.00 to $29.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 231.81.

Notable Days

  • 2019-08-16: Highest Volume — 3,062 contracts
  • 2019-08-23: Largest IV spike — 40.1% change
  • 2019-08-12: Highest IV Rank — 33.1%
  • 2019-08-14: Largest Expected Move — 5.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.85$27.35$28.30$28.30$28.13
Max Pain$28.09$28.00$29.00$29.00$28.00
ATM IV15.4%12.4%18.9%15.5%13.8%
Expected Move4.2%3.6%5.2%4.4%3.9%
HV 20d13.0%5.5%16.9%5.5%16.6%
HV 60d10.8%9.4%11.7%9.4%11.3%
IV Rank22.9%14.2%33.1%23.2%18.1%
IV Percentile55.0%28.2%79.4%60.3%43.7%
Term Structure0.6%-0.6%4.2%2.2%0.3%
VWIV15.7%8.8%23.2%8.8%13.9%
Skew 25d6.9%1.8%9.6%3.6%7.1%
Skew 10d11.2%0.7%18.5%0.7%7.6%
Call IV 25d11.1%9.0%15.1%10.2%9.0%
Put IV 25d18.0%13.2%23.8%13.8%16.2%
Bid-Ask Spread %88.2363.76103.3372.2278.61
Gamma HHI0.510.390.720.450.47
Net GEX-3.1M-5.3M-2.1M-2.3M-2.4M
Net DEX16.4M7.2M31.2M12.5M7.2M
Net VEX-49.1K-57.0K-39.9K-56.1K-39.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio231.810.003061.001.270.00
Total Volume513.68203,06225145
Total OI21,657.81817,33225,10922,18620,419

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$28.30$29.0015.5%4.4%5.5%23.2%8.8%3.6%2.2%-2.3M12.5M-56.1K1.2772.22N/AN/A11143,76718,419
2019-08-02$28.05$29.0015.3%4.4%6.1%22.6%14.3%1.8%0.5%-3.0M16.3M-56.8K0.0096.80N/AN/A0163,76718,424
2019-08-05$27.55$28.0018.7%4.8%8.4%32.5%15.8%8.7%-0.6%-3.1M24.4M-56.6K776.00103.33N/AN/A17763,76718,425
2019-08-06$27.65$28.0017.8%4.5%8.6%29.9%23.2%6.7%-0.2%-3.5M23.4M-56.3K7.0098.54N/AN/A10703,76818,827
2019-08-07$27.87$28.0017.6%4.4%9.1%29.3%19.4%7.7%0.8%-3.5M20.5M-57.0K13.0091.98N/AN/A1133,77418,843
2019-08-08$28.22$28.0014.7%3.9%10.4%20.9%13.6%5.2%0.9%-3.9M14.0M-48.6K1.0592.93N/AN/A1,0961,1483,77518,853
2019-08-09$28.20$28.0014.4%4.1%10.4%20.1%16.2%5.6%0.4%-4.3M13.6M-51.8K0.0291.61N/AN/A5214,57919,239
2019-08-12$27.90$28.0018.9%4.3%10.9%33.1%20.4%9.6%0.7%-4.8M19.5M-52.7K0.0082.45N/AN/A0854,61919,248
2019-08-13$28.14$28.0017.3%4.1%11.5%28.5%17.7%5.3%1.1%-5.3M14.1M-46.4K30.0092.44N/AN/A1304,61919,278
2019-08-14$27.43$28.0018.0%5.2%14.4%30.4%0.0%7.6%0.2%-2.3M29.6M-45.6K0.0194.57N/AN/A1,261114,62019,293
2019-08-15$27.35$28.0017.9%5.1%14.3%30.2%0.0%8.2%-0.2%-2.1M31.2M-45.0K0.0088.96N/AN/A005,82019,289
2019-08-16$27.69$28.0013.8%3.9%15.3%18.1%17.5%8.1%1.3%-4.6M23.9M-44.8K3061.0092.60N/AN/A13,0615,82019,289
2019-08-19$27.89$28.0013.2%3.8%15.6%16.4%15.5%7.1%1.0%-2.7M12.2M-44.3K2.6999.29N/AN/A5111,3771,18616,146
2019-08-20$27.74$28.0013.6%3.9%15.6%17.5%14.4%7.8%-0.1%-2.8M14.0M-50.2K1.4097.85N/AN/A15211,68517,308
2019-08-21$27.94$28.0012.4%3.6%15.9%14.2%16.8%7.0%0.4%-2.7M10.9M-46.0K0.0084.57N/AN/A02501,69517,325
2019-08-22$27.87$28.0012.6%3.6%15.5%14.8%12.7%7.7%0.3%-2.9M12.5M-47.6K0.0589.61N/AN/A1,034521,69517,468
2019-08-23$27.46$28.0017.7%5.1%16.1%29.6%15.0%6.6%4.2%-2.6M16.3M-51.5K0.0092.46N/AN/A0132,69317,520
2019-08-26$27.62$28.0013.3%3.8%16.4%16.8%13.2%8.0%0.3%-2.7M14.3M-48.8K17.0073.26N/AN/A1172,69117,528
2019-08-27$27.73$28.0014.0%4.0%16.5%18.9%17.4%6.7%0.2%-2.7M12.9M-47.5K18.7163.76N/AN/A71312,69217,544
2019-08-28$27.85$28.0014.1%4.1%16.5%19.2%14.0%8.4%-0.2%-2.6M11.1M-45.6K7.0068.73N/AN/A5352,69717,673
2019-08-29$28.12$28.0014.3%4.1%16.9%19.8%14.4%6.7%-0.2%-2.3M7.5M-42.0K4.6094.50N/AN/A5232,70217,683
2019-08-30$28.13$28.0013.8%3.9%16.6%18.1%13.9%7.1%0.3%-2.4M7.2M-39.9K0.0078.61N/AN/A14502,71617,703