EWC Options History — December 2020

In December 2020, EWC traded between $30.46 and $31.60. ATM implied volatility averaged 18.2%, placing in the 18.5% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 5.0% (HV 20d: 13.1%). Max pain ranged from $26.00 to $30.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 2.21.

Notable Days

  • 2020-12-15: Highest Volume — 6,110 contracts
  • 2020-12-11: Largest IV spike — 14.6% change
  • 2020-12-21: Highest IV Rank — 21.5%
  • 2020-12-21: Largest Expected Move — 5.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.03$30.46$31.60$30.46$30.93
Max Pain$29.27$26.00$30.00$26.00$30.00
ATM IV18.2%16.1%20.5%19.7%16.9%
Expected Move5.2%4.6%5.9%5.6%4.8%
HV 20d13.1%10.5%15.7%15.7%12.7%
HV 60d17.2%16.3%18.9%18.9%16.3%
IV Rank18.5%15.8%21.5%20.4%16.8%
IV Percentile24.9%17.5%34.9%32.1%17.5%
Term Structure1.6%-1.3%7.7%-1.3%1.0%
VWIV18.1%10.0%23.0%16.3%17.3%
Skew 25d6.9%3.3%11.6%4.1%10.0%
Skew 10d13.7%4.3%57.7%7.5%10.1%
Call IV 25d15.2%12.1%17.2%17.2%12.1%
Put IV 25d22.1%20.2%25.4%21.3%22.1%
Bid-Ask Spread %67.1610.0596.8192.6379.64
Gamma HHI0.250.220.300.300.26
Net GEX382.9K62.8K687.6K62.8K551.3K
Net DEX-14.0M-20.3M-6.6M-7.8M-15.5M
Net VEX-227.2K-272.2K-156.4K-191.5K-254.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.210.0021.001.670.73
Total Volume1,304.04586,110845
Total OI45,678.535,52954,39335,52953,575

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-12-01$30.46$26.0019.7%5.6%15.7%20.4%16.3%4.1%-1.3%62.8K-7.8M-191.5K1.6792.63N/AN/A3511,34124,188
2020-12-02$30.63$26.0017.3%5.0%14.1%17.3%18.2%3.3%0.1%83.4K-8.7M-188.9K21.0092.92N/AN/A12111,34224,190
2020-12-03$30.85$29.0018.7%4.8%14.1%19.2%17.9%6.0%1.9%168.4K-11.2M-174.7K0.0196.81N/AN/A358211,34224,199
2020-12-04$31.30$29.0018.6%5.1%13.2%19.1%16.6%6.6%1.9%62.9K-13.4M-182.8K0.0088.82N/AN/A1,365311,46324,201
2020-12-07$31.31$29.0018.7%5.4%13.3%19.2%17.8%6.7%1.2%295.8K-15.4M-179.2K0.0089.02N/AN/A5,043312,64824,203
2020-12-08$31.43$29.0018.7%5.2%12.4%19.2%17.2%5.7%2.1%369.0K-18.9M-156.4K0.0586.43N/AN/A93512,71324,204
2020-12-09$31.34$29.0018.3%5.2%12.6%18.6%17.5%5.1%2.8%373.4K-17.4M-161.7K0.9882.27N/AN/A2,6372,58712,73024,205
2020-12-10$31.60$29.0016.1%4.6%12.7%15.8%19.2%5.3%2.3%491.5K-20.3M-197.9K11.5525.51N/AN/A1112715,34126,714
2020-12-11$31.39$29.0018.5%5.3%10.5%18.9%19.4%6.6%2.5%473.4K-18.0M-208.7K0.0122.48N/AN/A1,073615,35526,839
2020-12-14$30.80$29.0019.3%5.5%13.4%19.9%19.3%8.5%5.5%321.7K-10.7M-226.3K0.9945.99N/AN/A2,0292,00614,99726,839
2020-12-15$31.11$30.0018.8%5.4%12.7%19.3%10.0%9.5%2.0%284.9K-13.7M-229.5K1.0313.40N/AN/A3,0053,10516,94628,843
2020-12-16$31.13$30.0018.0%5.2%12.7%18.3%17.4%6.9%2.2%346.2K-15.2M-272.2K0.6579.25N/AN/A664319,95031,948
2020-12-17$31.29$30.0018.1%5.2%12.7%18.4%18.3%7.1%7.7%415.6K-18.1M-262.9K0.4086.92N/AN/A421720,05831,949
2020-12-18$30.98$30.0018.4%5.3%13.5%18.8%17.1%6.0%0.8%375.1K-13.6M-264.1K1.5751.08N/AN/A71120,06931,956
2020-12-21$30.70$30.0020.5%5.9%14.1%21.5%23.0%8.7%-1.3%311.1K-7.9M-259.6K0.0779.80N/AN/A2431719,58331,651
2020-12-22$30.68$30.0018.3%5.3%14.0%18.7%22.4%11.6%0.4%415.9K-6.6M-268.8K0.9010.05N/AN/A14613219,91031,667
2020-12-23$30.93$30.0017.5%5.0%13.0%17.5%17.4%6.9%1.1%519.6K-12.2M-252.8K0.0029.71N/AN/A2,143019,97931,786
2020-12-24$31.02$30.0017.0%4.9%13.0%16.9%16.9%7.1%1.3%683.5K-17.2M-266.0K5.8772.97N/AN/A10259921,90331,786
2020-12-28$30.84$30.0016.4%4.7%13.2%16.2%18.4%4.4%1.0%687.6K-14.5M-269.0K0.7280.94N/AN/A292122,00532,383
2020-12-29$30.95$30.0018.0%5.1%12.8%18.2%21.3%8.7%0.5%638.3K-14.9M-269.6K0.0087.53N/AN/A1,491022,00932,384
2020-12-30$31.05$30.0018.3%5.2%12.7%18.6%19.2%7.2%0.3%493.3K-16.7M-261.6K0.4283.43N/AN/A331421,14932,384
2020-12-31$30.93$30.0016.9%4.8%12.7%16.8%17.3%10.0%1.0%551.3K-15.5M-254.9K0.7379.64N/AN/A261921,18032,395