EWC Options History — November 2019

In November 2019, EWC traded between $29.03 and $29.70. ATM implied volatility averaged 10.7%, placing in the 13.4% IV rank vs the trailing year. The 30-day expected move averaged 3.3%. IV traded above realized volatility by 4.7% (HV 20d: 6.1%). Max pain ranged from $29.00 to $29.00. Net GEX was positive for 1 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 506.80.

Notable Days

  • 2019-11-18: Highest Volume — 10,001 contracts
  • 2019-11-11: Largest IV spike — 49.0% change
  • 2019-11-12: Highest IV Rank — 18.5%
  • 2019-11-11: Largest Expected Move — 3.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.46$29.03$29.70$29.03$29.63
Max Pain$29.00$29.00$29.00$29.00$29.00
ATM IV10.7%7.4%12.5%9.8%9.7%
Expected Move3.3%2.8%3.8%2.8%2.8%
HV 20d6.1%5.1%8.3%8.2%5.7%
HV 60d9.1%7.7%11.3%11.2%7.7%
IV Rank13.4%4.0%18.5%11.0%10.5%
IV Percentile22.7%1.2%44.4%9.1%9.9%
Term Structure0.0%-2.3%3.7%1.5%0.2%
VWIV12.3%9.0%13.9%12.7%9.0%
Skew 25d4.5%0.2%8.2%4.9%7.5%
Skew 10d10.8%-2.0%39.3%7.9%39.3%
Call IV 25d8.5%5.0%10.7%10.4%5.5%
Put IV 25d13.0%10.8%15.2%15.2%13.1%
Bid-Ask Spread %91.5070.38121.2491.6470.60
Gamma HHI0.710.330.880.500.43
Net GEX-1.7M-3.4M100.2K-447.4K-419.8K
Net DEX3.0M-2.4M10.4M-1.7M-276.5K
Net VEX-54.4K-110.7K-20.0K-20.1K-110.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio506.800.0010000.000.0014.43
Total Volume911.8110,0011324
Total OI22,832.514,27130,66314,42030,663

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-11-01$29.03$29.009.8%2.8%8.2%11.0%0.0%4.9%1.5%-447.4K-1.7M-20.1K0.0091.64N/AN/A102,62611,794
2019-11-04$29.19$29.0011.2%3.6%8.3%14.6%0.0%8.1%-0.0%-68.4K-2.4M-20.0K81.4099.94N/AN/A54072,62411,792
2019-11-05$29.24$29.0010.3%3.6%7.0%12.2%12.7%3.1%-0.0%100.2K-2.0M-22.3K0.2299.40N/AN/A3682,62812,187
2019-11-06$29.28$29.0011.2%3.5%6.9%14.7%13.9%5.1%0.6%-1.7M3.6M-48.8K0.00100.77N/AN/A1002,64822,194
2019-11-07$29.39$29.008.8%3.6%6.8%8.1%11.8%8.2%-0.5%-1.6M1.4M-42.1K0.13115.61N/AN/A1522,65022,194
2019-11-08$29.43$29.007.4%3.7%5.9%4.0%13.0%7.4%-0.7%-1.6M1.7M-42.3K0.00121.24N/AN/A1602,65422,195
2019-11-11$29.44$29.0011.0%3.8%5.6%14.1%10.7%3.6%-0.8%-1.5M2.3M-43.6K0.0098.78N/AN/A1502,66722,195
2019-11-12$29.45$29.0012.5%3.5%5.6%18.5%12.3%2.8%0.0%-1.6M220.7K-36.6K0.0398.20N/AN/A6122,67322,195
2019-11-13$29.55$29.0011.7%3.3%5.6%16.0%12.5%3.4%1.2%-1.3M2.0M-43.3K21.3395.30N/AN/A61282,64622,196
2019-11-14$29.53$29.0011.5%3.3%5.5%15.6%12.9%2.8%0.7%-1.3M2.2M-42.7K10.40101.24N/AN/A5522,64722,196
2019-11-15$29.70$29.0010.3%3.0%5.4%12.3%13.4%2.2%0.9%-1.4M-1.0M-31.1K0.2489.38N/AN/A3792,64622,248
2019-11-18$29.70$29.0011.3%3.2%5.1%15.0%0.0%1.0%-1.3%-1.7M-1.1M-26.3K10000.0086.74N/AN/A110,0002,15812,113
2019-11-19$29.56$29.0011.7%3.3%5.4%16.1%0.0%0.2%-2.3%-2.9M7.8M-85.3K0.0076.20N/AN/A1402,15921,983
2019-11-20$29.45$29.0011.7%3.3%5.7%16.1%11.7%5.7%-1.1%-3.1M10.4M-89.5K0.7387.36N/AN/A15112,17321,984
2019-11-21$29.49$29.0012.2%3.5%5.6%17.5%12.9%1.4%-2.2%-3.4M6.5M-75.8K0.1080.96N/AN/A3032,17821,995
2019-11-22$29.40$29.0011.6%3.3%5.7%15.8%12.4%6.2%-1.2%-3.0M10.3M-87.9K4.1086.19N/AN/A10412,16421,998
2019-11-25$29.54$29.0010.6%3.1%5.9%13.2%12.3%6.9%2.7%-1.8M4.3M-64.3K1.0884.64N/AN/A12132,20221,988
2019-11-26$29.56$29.009.9%2.8%5.8%11.1%0.0%4.1%3.7%-3.1M8.2M-78.6K1.6775.46N/AN/A352,20921,986
2019-11-27$29.68$29.0010.4%3.0%5.8%12.4%0.0%5.2%-0.7%-2.8M7.5M-77.1K0.0870.38N/AN/A6,4125272,21221,990
2019-11-29$29.63$29.009.7%2.8%5.7%10.5%9.0%7.5%0.2%-419.8K-276.5K-110.7K14.4370.60N/AN/A213038,17122,492