EWC Options History — June 2021

In June 2021, EWC traded between $37.00 and $38.19. ATM implied volatility averaged 12.7%, placing in the 9.4% IV rank vs the trailing year. The 30-day expected move averaged 3.7%. IV traded above realized volatility by 2.3% (HV 20d: 10.4%). Max pain ranged from $32.00 to $37.00. Net GEX was positive for 11 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 3.38.

Notable Days

  • 2021-06-29: Highest Volume — 10,300 contracts
  • 2021-06-22: Largest IV drop — 25.1% change
  • 2021-06-21: Highest IV Rank — 19.9%
  • 2021-06-21: Largest Expected Move — 4.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.75$37.00$38.19$38.11$37.25
Max Pain$34.73$32.00$37.00$37.00$37.00
ATM IV12.7%11.3%15.2%13.8%12.6%
Expected Move3.7%3.3%4.3%4.0%3.6%
HV 20d10.4%8.7%12.9%12.9%9.0%
HV 60d11.9%11.4%12.4%12.4%11.8%
IV Rank9.4%3.8%19.9%14.2%8.9%
IV Percentile6.2%0.8%20.2%7.1%8.3%
Term Structure1.7%-0.2%3.1%-0.2%1.8%
VWIV12.8%10.2%17.9%16.0%11.5%
Skew 25d3.9%-21.1%8.4%-21.1%8.4%
Skew 10d10.3%-3.2%13.6%-3.2%13.0%
Call IV 25d13.2%7.3%57.0%57.0%7.3%
Put IV 25d17.1%14.1%36.0%36.0%15.8%
Bid-Ask Spread %30.357.3790.1080.308.88
Gamma HHI0.510.200.950.200.31
Net GEX-3.4M-60.8M3.3M677.8K823.2K
Net DEX-32.1M-60.1M4.9M-60.1M-20.1M
Net VEX-233.5K-277.3K-218.2K-224.1K-252.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.380.0137.102.860.02
Total Volume2,389.3644510,3001,373259
Total OI47,974.59137,21657,97753,02944,273

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-06-01$38.11$37.0013.8%4.0%12.9%14.2%16.0%-21.1%-0.2%677.8K-60.1M-224.1K2.8680.30N/AN/A3561,01723,02730,002
2021-06-02$38.19$37.0013.1%3.7%12.5%11.0%13.2%2.5%0.2%-366.1K-58.0M-223.8K0.127.37N/AN/A2853522,91229,991
2021-06-03$38.00$37.0013.4%3.8%12.4%12.3%13.6%4.5%2.0%-879.5K-48.0M-246.9K0.1916.64N/AN/A2334422,67329,997
2021-06-04$38.18$37.0011.9%3.6%12.4%6.2%11.8%4.3%2.1%151.5K-52.1M-228.0K0.0572.63N/AN/A2181022,76030,023
2021-06-07$38.16$37.0011.9%3.7%11.7%6.4%11.7%3.9%1.8%139.7K-51.9M-235.0K21.6229.05N/AN/A2325,01522,92030,028
2021-06-08$38.16$37.0012.1%3.5%11.8%6.9%12.6%3.9%2.6%-2.2M-49.6M-233.7K37.1017.30N/AN/A1636,04822,93935,038
2021-06-09$37.99$37.0012.9%3.7%11.4%10.3%13.1%3.8%1.8%-4.0M-38.7M-245.7K0.0113.32N/AN/A6,6985821,87536,060
2021-06-10$37.89$37.0012.3%3.5%10.9%7.9%12.8%5.5%2.7%-4.5M-18.1M-254.2K1.1368.52N/AN/A384314,96036,091
2021-06-11$37.82$37.0011.6%3.3%11.0%5.0%10.9%5.1%3.1%-4.6M-18.9M-250.9K0.019.90N/AN/A216214,97036,078
2021-06-14$37.91$37.0012.5%3.6%10.2%8.7%14.5%5.2%2.4%-4.0M-22.3M-235.5K0.0334.22N/AN/A5651815,05636,078
2021-06-15$38.00$32.0013.0%3.7%9.8%10.8%13.8%5.5%1.8%-3.6M-26.0M-218.2K0.1112.44N/AN/A1681915,33636,093
2021-06-16$37.85$32.0012.9%3.7%9.8%10.3%15.0%5.5%2.6%-3.3M-24.9M-219.5K0.0190.10N/AN/A525415,40736,095
2021-06-17$37.40$32.0013.8%4.0%9.5%14.1%11.5%5.5%1.7%-6.7M-21.4M-223.6K0.6741.12N/AN/A1,46698715,17836,093
2021-06-18$37.00$32.0014.9%4.3%8.7%19.0%13.3%5.6%1.8%-60.8M4.9M-233.0K0.3788.25N/AN/A2,7091,01416,48736,679
2021-06-21$37.41$32.0015.2%4.3%9.6%19.9%13.4%5.9%0.6%2.2M-27.9M-224.6K0.5511.82N/AN/A60933618,57318,643
2021-06-22$37.68$32.0011.3%3.3%9.6%3.8%10.6%6.5%2.4%3.0M-31.9M-218.7K3.5913.06N/AN/A176119,14918,508
2021-06-23$37.53$32.0011.6%3.3%9.4%4.8%10.8%5.7%1.0%2.9M-29.9M-232.4K2.659.84N/AN/A6571,74019,16418,497
2021-06-24$37.58$32.0011.5%3.3%9.2%4.6%17.9%5.7%1.5%3.1M-30.2M-221.6K0.118.45N/AN/A1161319,30218,509
2021-06-25$37.70$32.0011.9%3.4%9.0%6.2%12.0%6.0%1.0%3.3M-32.2M-219.3K0.057.69N/AN/A43219,35918,511
2021-06-28$37.38$32.0012.2%3.5%9.4%7.5%11.3%3.1%2.0%3.1M-27.4M-218.6K1.2414.19N/AN/A4,5715,65619,35918,513
2021-06-29$37.33$37.0012.5%3.6%9.1%8.8%10.2%4.4%1.5%1.2M-21.1M-277.3K1.9312.52N/AN/A3,5216,77920,20324,032
2021-06-30$37.25$37.0012.6%3.6%9.0%8.9%11.5%8.4%1.8%823.2K-20.1M-252.6K0.028.88N/AN/A255420,24124,032