EWC Options History — October 2019

In October 2019, EWC traded between $27.95 and $28.90. ATM implied volatility averaged 11.7%, placing in the 16.2% IV rank vs the trailing year. The 30-day expected move averaged 3.4%. IV traded above realized volatility by 1.5% (HV 20d: 10.3%). Max pain ranged from $28.00 to $29.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 22 of 23 days. Put/call ratio averaged 5.06.

Notable Days

  • 2019-10-02: Highest Volume — 5,990 contracts
  • 2019-10-02: Largest IV spike — 35.4% change
  • 2019-10-02: Highest IV Rank — 29.4%
  • 2019-10-02: Largest Expected Move — 4.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.53$27.95$28.90$28.56$28.73
Max Pain$28.74$28.00$29.00$29.00$29.00
ATM IV11.7%7.6%16.4%12.2%10.3%
Expected Move3.4%2.2%4.7%3.5%3.0%
HV 20d10.3%7.7%11.3%8.2%7.8%
HV 60d12.0%11.2%12.4%11.2%11.3%
IV Rank16.2%4.6%29.4%17.4%12.3%
IV Percentile26.8%1.2%64.3%31.0%13.9%
Term Structure1.2%-0.1%5.0%1.3%0.9%
VWIV12.3%8.9%18.1%12.7%8.9%
Skew 25d3.3%-0.9%6.3%2.7%0.3%
Skew 10d5.2%-1.7%25.2%-1.5%25.2%
Call IV 25d10.8%8.0%15.6%12.0%10.0%
Put IV 25d14.1%8.2%19.2%14.7%10.2%
Bid-Ask Spread %92.5571.53105.6483.1089.58
Gamma HHI0.610.430.930.910.67
Net GEX-3.0M-5.9M-716.9K-3.5M-1.2M
Net DEX11.1M-76.1K29.7M16.8M1.1M
Net VEX-47.9K-75.3K-23.8K-57.6K-26.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.060.0037.702.1730.33
Total Volume447.21705,990950
Total OI21,735.78314,41828,47621,27214,420

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-10-01$28.56$29.0012.2%3.5%8.2%17.4%12.7%2.7%1.3%-3.5M16.8M-57.6K2.1783.10N/AN/A30652,83018,442
2019-10-02$28.05$29.0016.4%4.7%10.0%29.4%15.0%2.7%-0.1%-4.1M25.9M-55.5K5.6098.48N/AN/A9085,0822,85418,447
2019-10-03$28.05$28.0015.3%4.5%9.1%26.1%14.1%6.3%0.4%-5.0M28.5M-75.3K0.17103.54N/AN/A163283,95623,479
2019-10-04$28.26$28.0013.5%4.3%9.5%21.2%12.9%5.0%0.3%-5.5M25.0M-70.6K0.0695.40N/AN/A1,450864,07423,480
2019-10-07$28.24$28.0011.1%4.3%9.5%14.5%14.2%4.4%0.8%-5.5M24.0M-72.8K0.3398.20N/AN/A63214,94323,498
2019-10-08$27.95$28.0014.8%4.4%9.9%24.7%14.7%4.2%0.5%-5.9M29.7M-71.3K37.7096.12N/AN/A103774,96723,509
2019-10-09$28.11$28.0014.5%4.2%10.2%24.1%12.3%4.7%1.1%-5.6M21.7M-69.4K0.5094.64N/AN/A214,97921,867
2019-10-10$28.28$28.0014.7%4.2%10.4%24.6%14.4%6.0%0.6%-5.4M18.4M-66.7K0.0797.33N/AN/A11884,97921,866
2019-10-11$28.59$29.0011.9%3.4%11.2%16.6%13.4%5.3%0.6%-3.4M9.5M-55.0K0.01105.64N/AN/A36334,90921,866
2019-10-14$28.49$29.0014.2%4.1%11.0%23.2%11.3%2.8%0.5%-4.7M11.5M-52.5K0.0095.82N/AN/A604,88421,863
2019-10-15$28.57$29.0010.5%3.0%10.9%12.7%10.9%5.4%2.0%-3.3M9.0M-47.1K7.4393.85N/AN/A141044,88421,863
2019-10-16$28.55$29.0010.5%3.0%10.9%12.9%18.1%3.7%1.1%-3.9M9.7M-47.7K3.7596.42N/AN/A8305,06221,965
2019-10-17$28.70$29.0011.4%3.3%10.9%15.3%9.8%3.1%0.6%-1.8M6.6M-43.7K0.1395.73N/AN/A1625,07021,963
2019-10-18$28.62$29.0010.8%3.1%10.9%13.7%10.8%2.8%1.0%-1.6M7.2M-41.8K6.6797.28N/AN/A151005,08521,961
2019-10-21$28.81$29.0010.5%3.0%11.3%12.8%9.2%3.9%1.3%-1.3M2.3M-36.0K0.1089.71N/AN/A115112,47111,959
2019-10-22$28.74$29.0010.5%3.0%11.2%12.8%12.3%3.7%1.5%-1.3M2.5M-35.9K1.3693.75N/AN/A28382,57611,962
2019-10-23$28.70$29.009.5%2.7%11.2%10.0%9.2%3.3%2.6%-1.4M2.8M-35.2K0.0080.59N/AN/A2402,60111,957
2019-10-24$28.76$29.0010.5%3.0%11.3%12.8%10.5%3.4%1.1%-1.3M2.5M-33.4K0.2271.53N/AN/A54122,59511,957
2019-10-25$28.88$29.0010.7%3.1%11.3%13.3%10.7%0.5%0.5%-1.0M1.1M-31.0K4.5587.17N/AN/A221002,59811,967
2019-10-28$28.90$29.0010.0%2.9%11.3%11.5%0.0%-0.9%1.3%-716.9K-76.1K-26.8K30.3386.46N/AN/A247282,61211,867
2019-10-29$28.84$29.007.6%2.2%10.3%4.6%8.9%0.2%5.0%-852.3K69.2K-26.1K0.0084.31N/AN/A0532,62811,790
2019-10-30$28.80$29.008.6%2.5%7.7%7.4%0.0%1.6%2.1%-866.2K22.9K-23.8K0.0094.02N/AN/A042,62811,790
2019-10-31$28.73$29.0010.3%3.0%7.8%12.3%0.0%0.3%0.9%-1.2M1.1M-26.8K0.0089.58N/AN/A002,62611,794