EWC Options History — November 2020

In November 2020, EWC traded between $26.78 and $30.47. ATM implied volatility averaged 22.4%, placing in the 24.1% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded above realized volatility by 1.6% (HV 20d: 20.9%). Max pain ranged from $26.00 to $28.00. Net GEX was positive for 8 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 17.90.

Notable Days

  • 2020-11-12: Highest Volume — 7,526 contracts
  • 2020-11-04: Largest IV drop — 36.9% change
  • 2020-11-03: Highest IV Rank — 39.2%
  • 2020-11-03: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.04$26.78$30.47$26.78$30.24
Max Pain$26.30$26.00$28.00$28.00$26.00
ATM IV22.4%17.3%33.8%32.3%18.9%
Expected Move6.4%5.0%9.7%9.3%5.4%
HV 20d20.9%15.8%23.2%18.3%15.8%
HV 60d18.9%17.3%19.5%17.3%18.9%
IV Rank24.1%17.3%39.2%37.1%19.4%
IV Percentile45.3%27.4%82.9%80.6%30.6%
Term Structure-1.1%-5.3%1.9%-3.7%-0.7%
VWIV25.5%19.2%34.3%34.3%19.2%
Skew 25d8.9%-2.1%14.8%14.8%-2.1%
Skew 10d17.7%0.2%42.2%36.5%17.0%
Call IV 25d18.6%13.1%27.7%27.7%20.1%
Put IV 25d27.5%18.0%42.5%42.5%18.0%
Bid-Ask Spread %62.1016.61108.5275.23100.14
Gamma HHI0.280.190.330.190.30
Net GEX-87.1K-558.0K265.8K-92.7K21.4K
Net DEX2.2M-8.9M12.9M12.9M-5.0M
Net VEX-197.1K-224.3K-172.9K-175.3K-204.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio17.900.00312.5810.400.80
Total Volume475.8527,5265718
Total OI31,805.9527,40335,55727,40335,511

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-11-02$26.78$28.0032.3%9.3%18.3%37.1%34.3%14.8%-3.7%-92.7K12.9M-175.3K10.4075.23N/AN/A55211,02416,379
2020-11-03$27.45$28.0033.8%9.7%20.3%39.2%33.6%13.3%-4.5%-78.1K10.9M-172.9K0.0077.16N/AN/A13011,02416,379
2020-11-04$27.55$28.0021.3%6.1%19.8%22.7%20.9%13.6%1.8%-16.4K8.3M-180.5K0.1337.57N/AN/A15211,02616,430
2020-11-05$28.16$26.0023.8%6.7%20.8%25.9%31.8%10.3%-2.4%38.8K4.6M-190.7K0.0480.46N/AN/A50211,03716,431
2020-11-06$28.24$26.0021.2%6.5%20.8%22.5%30.6%10.8%-0.8%68.8K6.3M-184.5K22.6757.12N/AN/A36811,02516,432
2020-11-09$28.76$26.0021.4%6.0%21.8%22.8%26.8%7.4%-0.3%132.6K1.5M-178.2K0.9886.19N/AN/A979511,02716,495
2020-11-10$28.95$26.0021.5%6.2%21.7%22.9%0.0%8.9%-1.0%222.2K1.1M-187.9K1.1152.83N/AN/A182011,04216,509
2020-11-11$29.12$26.0021.8%6.2%21.7%23.2%21.8%14.1%-2.1%265.8K70.8K-187.4K0.2978.43N/AN/A7211,05616,519
2020-11-12$28.60$26.0020.9%6.0%22.8%22.1%24.2%8.2%-0.7%190.9K2.8M-186.5K312.5845.73N/AN/A247,50211,06216,520
2020-11-13$28.81$26.0021.6%6.2%22.9%23.1%24.5%9.6%-2.2%-471.7K8.2M-219.1K0.1050.50N/AN/A2042011,07024,022
2020-11-16$29.29$26.0027.6%7.9%23.2%30.9%26.0%8.8%-5.3%-558.0K4.4M-210.7K0.20105.15N/AN/A10211,26524,022
2020-11-17$29.41$26.0021.0%6.0%23.2%22.2%19.6%5.8%0.6%-407.1K2.8M-202.5K2.0077.14N/AN/A61211,22524,024
2020-11-18$29.45$26.0028.2%8.1%23.0%31.8%0.0%9.0%1.9%-276.8K2.6M-224.3K0.00108.52N/AN/A2011,22624,030
2020-11-19$29.45$26.0019.9%5.7%23.0%20.8%0.0%7.6%-0.6%-262.5K4.2M-216.6K0.0059.18N/AN/A4011,22624,030
2020-11-20$29.62$26.0018.5%5.3%23.0%18.9%22.9%8.4%0.0%-304.3K825.7K-216.0K0.2716.61N/AN/A58115811,23024,030
2020-11-23$29.80$26.0017.3%5.0%21.5%17.3%22.1%10.2%0.3%-83.5K-1.0M-212.0K5.5073.08N/AN/A63311,29624,029
2020-11-24$30.32$26.0018.6%5.3%22.0%19.0%24.1%6.7%-0.4%14.9K-4.9M-213.8K0.0319.18N/AN/A4071111,29724,055
2020-11-25$30.38$26.0019.2%5.5%15.9%19.9%19.2%4.5%-0.7%-110.9K-7.5M-186.3K0.3320.02N/AN/A6211,37324,184
2020-11-27$30.47$26.0019.8%5.7%16.0%20.6%0.0%7.1%-1.1%-36.0K-8.9M-191.4K0.5021.86N/AN/A402011,37124,186
2020-11-30$30.24$26.0018.9%5.4%15.8%19.4%0.0%-2.1%-0.7%21.4K-5.0M-204.5K0.80100.14N/AN/A10811,33124,180