EWC Options History — July 2021

In July 2021, EWC traded between $35.41 and $37.59. ATM implied volatility averaged 14.2%, placing in the 20.8% IV rank vs the trailing year. The 30-day expected move averaged 4.1%. IV traded below realized volatility by 0.4% (HV 20d: 14.6%). Max pain ranged from $37.00 to $37.00. Net GEX was positive for 6 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 363.88.

Notable Days

  • 2021-07-30: Highest Volume — 30,004 contracts
  • 2021-07-06: Largest IV spike — 54.2% change
  • 2021-07-19: Highest IV Rank — 45.5%
  • 2021-07-19: Largest Expected Move — 5.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.92$35.41$37.59$37.59$37.24
Max Pain$37.00$37.00$37.00$37.00$37.00
ATM IV14.2%8.9%20.4%9.7%15.6%
Expected Move4.1%2.5%5.8%2.8%4.5%
HV 20d14.6%9.4%18.4%9.6%18.2%
HV 60d13.1%11.8%14.3%11.9%13.8%
IV Rank20.8%0.0%45.5%0.0%26.4%
IV Percentile21.4%0.0%68.3%0.0%31.7%
Term Structure1.2%-0.6%3.6%3.3%0.7%
VWIV14.9%11.2%20.2%12.4%14.8%
Skew 25d6.1%3.2%8.5%5.2%6.3%
Skew 10d12.1%2.4%17.5%10.5%4.8%
Call IV 25d12.0%8.9%15.7%9.3%11.7%
Put IV 25d18.2%12.1%24.2%14.5%18.0%
Bid-Ask Spread %29.9610.57104.1012.25104.10
Gamma HHI0.330.230.410.380.29
Net GEX-309.2K-1.4M1.9M1.8M-481.0K
Net DEX-14.3M-25.3M5.0M-25.3M-21.2M
Net VEX-236.6K-269.3K-200.3K-254.1K-202.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio363.880.007500.000.707500.00
Total Volume1,782.811530,0045630,004
Total OI41,956.04838,49244,67044,42638,515

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$37.59$37.009.7%2.8%9.6%0.0%12.4%5.2%3.3%1.8M-25.3M-254.1K0.7012.25N/AN/A332320,39124,035
2021-07-02$37.57$37.008.9%2.5%9.4%0.0%11.2%3.2%3.6%1.9M-25.0M-250.9K0.0611.47N/AN/A79520,40224,044
2021-07-06$37.34$37.0013.7%4.2%9.6%19.0%17.4%6.2%1.2%1.1M-21.3M-251.2K1.2815.76N/AN/A678620,45724,041
2021-07-07$37.26$37.0013.2%4.3%9.6%17.3%15.1%6.0%1.1%838.6K-19.5M-248.6K0.3823.83N/AN/A742820,46924,099
2021-07-08$36.59$37.0014.2%4.2%11.3%21.1%19.1%6.2%1.0%-544.2K-8.9M-269.3K0.6920.55N/AN/A1429820,41024,108
2021-07-09$37.27$37.0012.3%4.1%13.4%13.8%13.1%5.8%1.0%205.2K-18.8M-255.6K0.0612.82N/AN/A2101220,36424,108
2021-07-12$37.24$37.0015.7%4.0%13.4%27.1%13.8%6.9%1.1%109.4K-19.3M-241.1K0.2612.95N/AN/A571520,45824,097
2021-07-13$37.15$37.0015.2%4.1%13.3%25.1%17.5%6.7%1.2%-590.9K-17.2M-236.8K0.3311.25N/AN/A872920,43324,111
2021-07-14$36.91$37.0013.8%4.0%13.4%19.5%14.6%5.1%1.3%-1.4M-13.7M-249.4K0.0210.57N/AN/A95220,41224,125
2021-07-15$36.73$37.0013.8%4.0%13.4%19.5%15.9%5.6%1.3%-1.4M-9.9M-254.3K0.6319.24N/AN/A1016420,44324,123
2021-07-16$36.34$37.0016.2%4.6%13.3%28.8%15.5%5.8%0.3%-760.5K-5.8M-249.3K0.1535.81N/AN/A76511620,47724,193
2021-07-19$35.41$37.0020.4%5.8%15.6%45.5%20.2%8.5%-0.6%-459.3K5.0M-223.4K2.8753.07N/AN/A4713515,40923,648
2021-07-20$36.14$37.0016.3%4.7%17.0%29.5%16.1%8.5%0.2%-913.9K-1.4M-234.1K0.3913.74N/AN/A1174615,41423,674
2021-07-21$36.72$37.0014.0%4.0%17.8%20.2%13.8%6.5%1.5%-885.8K-10.8M-227.0K0.4420.00N/AN/A823615,46423,709
2021-07-22$36.73$37.0013.6%3.9%17.8%18.6%11.7%7.1%1.1%-922.9K-10.6M-240.2K0.0128.30N/AN/A143115,54323,725
2021-07-23$36.90$37.0013.1%3.8%17.9%16.7%13.8%6.0%1.7%-929.9K-13.2M-224.4K0.2015.56N/AN/A20415,68123,725
2021-07-26$36.90$37.0013.9%4.0%17.8%19.7%12.5%6.1%1.4%-943.5K-13.7M-217.3K0.3611.98N/AN/A11415,68123,725
2021-07-27$36.75$37.0014.7%4.2%17.7%22.9%14.5%6.1%1.1%-921.9K-11.4M-221.0K132.3087.67N/AN/A233,04315,69823,722
2021-07-28$37.05$37.0014.1%4.1%17.9%20.8%15.2%5.7%1.3%-957.7K-15.4M-216.9K0.2791.78N/AN/A441215,72923,723
2021-07-29$37.45$37.0015.1%4.3%18.4%24.8%14.8%5.5%1.3%-450.8K-23.4M-200.3K0.0016.45N/AN/A1,475415,71822,774
2021-07-30$37.24$37.0015.6%4.5%18.2%26.4%0.0%6.3%0.7%-481.0K-21.2M-202.2K7500.00104.10N/AN/A430,00015,74922,766