EWC Options History — June 2020

In June 2020, EWC traded between $25.20 and $27.24. ATM implied volatility averaged 28.1%, placing in the 31.7% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded below realized volatility by 1.1% (HV 20d: 29.2%). Max pain ranged from $23.00 to $26.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 67.74.

Notable Days

  • 2020-06-22: Highest Volume — 10,294 contracts
  • 2020-06-11: Largest IV spike — 42.0% change
  • 2020-06-11: Highest IV Rank — 39.6%
  • 2020-06-11: Largest Expected Move — 9.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.00$25.20$27.24$25.68$25.90
Max Pain$25.59$23.00$26.00$23.00$26.00
ATM IV28.1%22.7%34.2%25.4%24.4%
Expected Move8.0%6.3%9.8%7.3%7.0%
HV 20d29.2%25.8%33.5%25.8%29.2%
HV 60d45.8%31.1%67.5%67.5%31.1%
IV Rank31.7%24.5%39.6%28.0%26.8%
IV Percentile76.9%67.9%84.1%75.0%67.9%
Term Structure0.1%-2.6%2.7%-0.1%2.6%
VWIV30.5%24.3%38.3%26.8%36.1%
Skew 25d11.6%6.9%15.5%13.2%14.4%
Skew 10d22.9%14.6%36.8%26.1%27.9%
Call IV 25d23.2%15.7%29.4%19.2%17.0%
Put IV 25d34.8%28.2%42.7%32.4%31.4%
Bid-Ask Spread %63.1526.5683.0253.9555.03
Gamma HHI0.290.180.800.240.32
Net GEX-1.7M-7.4M-309.5K-309.5K-1.4M
Net DEX-1.4M-39.0M35.6M-19.4M29.2M
Net VEX-137.5K-152.2K-117.7K-139.3K-124.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio67.740.001007.800.5012.00
Total Volume2,241.545910,294965
Total OI108,266.531,912145,996135,42340,060

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-06-01$25.68$23.0025.4%7.3%25.8%28.0%26.8%13.2%-0.1%-309.5K-19.4M-139.3K0.5053.95N/AN/A6358,07877,345
2020-06-02$26.03$23.0025.5%7.3%26.1%28.2%28.2%15.5%-0.3%-709.0K-26.3M-132.9K2.2258.50N/AN/A368058,08277,349
2020-06-03$26.53$23.0022.7%6.5%26.6%24.5%24.5%7.9%1.4%-950.0K-34.0M-131.8K57.3642.01N/AN/A553,15558,08077,336
2020-06-04$26.24$26.0025.5%7.1%27.1%28.2%24.3%8.5%1.0%-1.3M-26.4M-149.0K1.6467.26N/AN/A50783258,13180,451
2020-06-05$26.90$26.0024.2%6.3%28.0%26.4%25.3%6.9%1.7%-547.7K-36.0M-143.6K88.2451.57N/AN/A332,91258,13480,473
2020-06-08$27.24$26.0026.1%6.7%28.0%29.0%27.4%8.3%0.8%-349.4K-39.0M-152.0K0.4879.87N/AN/A482358,14682,702
2020-06-09$27.06$26.0027.0%7.1%28.3%30.2%24.6%8.1%0.3%-423.4K-36.3M-150.4K192.6326.56N/AN/A5210,01758,19282,707
2020-06-10$26.87$26.0024.1%6.9%27.7%26.3%25.4%8.0%0.5%-1.9M-32.9M-146.4K0.5776.37N/AN/A442558,23487,722
2020-06-11$25.32$26.0034.2%9.8%33.3%39.6%32.0%13.3%-2.6%-1.6M2.9M-147.3K34.6078.66N/AN/A517358,26087,736
2020-06-12$25.65$26.0031.7%9.1%33.4%36.4%32.4%13.9%-1.2%-2.6M-6.2M-147.3K0.0076.02N/AN/A8,0081958,26187,663
2020-06-15$25.57$26.0030.3%8.7%33.5%34.5%29.7%13.0%0.8%-2.5M9.8M-152.2K3.3174.49N/AN/A10434452,73087,675
2020-06-16$25.88$26.0031.4%9.0%30.7%36.0%33.5%13.3%-1.1%-2.5M-1.7M-146.2K0.0875.96N/AN/A1441252,77187,924
2020-06-17$25.77$26.0030.2%8.7%30.6%34.4%38.3%12.8%0.1%-2.5M-157.5K-138.8K0.1964.26N/AN/A851652,81787,919
2020-06-18$25.79$26.0029.5%8.5%30.5%33.4%35.0%13.0%-0.2%-3.1M-3.2M-131.1K1007.8052.78N/AN/A55,03952,81987,922
2020-06-19$25.80$26.0028.3%8.1%29.9%31.8%30.6%11.6%2.7%-7.4M3.0M-123.5K0.2583.02N/AN/A12352,82190,436
2020-06-22$25.94$26.0028.5%8.2%29.9%32.2%28.5%12.2%-0.0%-1.2M28.0M-120.9K1.0646.94N/AN/A5,0085,28610,82721,085
2020-06-23$26.04$26.0027.2%7.8%28.0%30.4%29.8%10.7%2.2%-1.1M25.3M-147.5K0.2771.14N/AN/A5,5131,50115,82325,097
2020-06-24$25.48$26.0032.8%9.4%29.0%37.8%36.7%11.6%-2.4%-1.0M31.5M-130.8K0.0059.80N/AN/A07114,84025,099
2020-06-25$25.60$26.0026.5%7.6%29.1%29.4%34.7%12.3%-1.8%-1.0M30.4M-132.8K10.0075.60N/AN/A55014,84025,163
2020-06-26$25.20$26.0032.1%9.2%29.5%36.9%0.0%11.9%-1.2%-1.0M35.6M-117.7K1.2562.57N/AN/A4514,84025,213
2020-06-29$25.45$26.0031.4%9.0%28.9%36.0%36.4%15.0%-0.7%-1.2M34.1M-118.5K8.0056.98N/AN/A1814,84425,216
2020-06-30$25.90$26.0024.4%7.0%29.2%26.8%36.1%14.4%2.6%-1.4M29.2M-124.1K12.0055.03N/AN/A56014,84425,216