EWC Options History — August 2021

In August 2021, EWC traded between $36.26 and $37.76. ATM implied volatility averaged 13.6%, placing in the 18.6% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded below realized volatility by 0.4% (HV 20d: 14.0%). Max pain ranged from $33.00 to $37.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 163.43.

Notable Days

  • 2021-08-03: Highest Volume — 100,552 contracts
  • 2021-08-30: Largest IV spike — 27.6% change
  • 2021-08-19: Highest IV Rank — 30.8%
  • 2021-08-19: Largest Expected Move — 4.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.30$36.26$37.76$37.30$37.41
Max Pain$33.55$33.00$37.00$37.00$33.00
ATM IV13.6%10.0%16.7%16.2%12.5%
Expected Move4.0%2.9%4.8%4.6%3.6%
HV 20d14.0%8.2%18.2%18.2%13.6%
HV 60d13.3%12.4%14.0%13.8%14.0%
IV Rank18.6%4.3%30.8%28.9%14.4%
IV Percentile18.9%0.8%45.6%36.9%11.1%
Term Structure1.6%0.3%3.1%0.3%1.7%
VWIV13.4%10.5%16.4%13.8%12.1%
Skew 25d5.2%0.8%9.1%5.9%4.0%
Skew 10d7.8%2.1%13.4%5.3%7.2%
Call IV 25d11.4%9.3%13.5%12.3%10.4%
Put IV 25d16.6%11.9%21.1%18.2%14.3%
Bid-Ask Spread %38.3212.30100.6196.4016.14
Gamma HHI0.260.210.390.260.24
Net GEX-4.1M-6.9M-144.6K-144.6K-1.7M
Net DEX67.9M-24.1M112.9M-24.1M67.7M
Net VEX-1.3M-1.6M-209.0K-209.0K-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio163.430.002871.91675.760.09
Total Volume7,347.36412100,55250,080654
Total OI204,094.27339,929228,55839,929222,230

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$37.30$37.0016.2%4.6%18.2%28.9%13.8%5.9%0.3%-144.6K-24.1M-209.0K675.7696.40N/AN/A7450,00617,16022,769
2021-08-03$37.25$37.0014.8%4.3%18.0%23.6%12.0%6.2%1.0%-2.5M7.3M-429.8K2871.9119.88N/AN/A35100,51717,16252,769
2021-08-04$37.24$37.0014.6%4.2%18.0%22.7%14.0%9.1%0.8%-4.8M49.4M-963.2K5.00100.61N/AN/A21017,216102,762
2021-08-05$37.42$33.0014.5%4.5%16.8%22.3%16.0%6.0%1.3%-5.9M75.1M-1.3M0.0829.09N/AN/A12119,143203,280
2021-08-06$37.45$33.0013.9%4.4%15.5%19.7%14.2%5.6%1.5%-6.8M80.3M-1.4M0.2128.60N/AN/A43919,143203,287
2021-08-09$37.35$33.0014.4%4.4%15.5%21.8%0.0%6.8%1.2%-6.6M83.4M-1.4M0.0325.00N/AN/A105319,147203,288
2021-08-10$37.65$33.0011.9%3.8%15.7%12.0%16.4%4.8%1.2%-6.9M78.1M-1.5M0.5925.71N/AN/A321919,138203,295
2021-08-11$37.76$33.0012.8%3.7%15.5%15.6%14.6%4.4%1.9%-6.6M77.7M-1.5M0.0022.02N/AN/A7,434019,078203,298
2021-08-12$37.67$33.0012.5%3.6%15.4%14.4%13.5%3.4%2.9%-6.8M77.8M-1.4M0.0223.73N/AN/A1,3762419,079203,297
2021-08-13$37.66$33.0011.9%3.4%14.8%12.1%10.5%0.8%3.1%-4.2M55.3M-1.4M0.0431.01N/AN/A2371024,771203,297
2021-08-16$37.43$33.0014.2%4.1%11.0%21.2%13.3%2.3%2.0%-4.9M66.0M-1.4M1.9791.62N/AN/A305925,026203,321
2021-08-17$37.06$33.0014.2%4.1%9.8%21.1%15.0%5.7%2.6%-5.5M79.2M-1.4M0.2516.19N/AN/A16425,230203,328
2021-08-18$36.98$33.0014.5%4.1%8.2%22.1%14.4%5.6%2.4%-5.8M81.6M-1.4M0.4023.70N/AN/A251025,174203,380
2021-08-19$36.26$33.0016.7%4.8%10.8%30.8%14.2%7.6%0.7%-3.8M112.9M-1.4M0.8618.46N/AN/A706025,165203,380
2021-08-20$36.47$33.0015.6%4.5%10.9%26.5%12.9%7.7%0.6%-3.5M108.9M-1.4M4.2715.59N/AN/A114725,154203,383
2021-08-23$37.16$33.0013.1%3.8%12.9%16.8%12.8%4.0%1.7%-2.4M74.7M-1.4M0.8682.85N/AN/A282423,043199,028
2021-08-24$37.49$33.0013.4%3.8%13.1%17.9%11.5%5.5%1.8%-2.1M60.5M-1.3M0.1832.91N/AN/A2594723,043199,046
2021-08-25$37.58$33.0010.8%3.1%12.9%7.7%10.9%5.2%1.8%-2.0M62.5M-1.3M0.0017.80N/AN/A46023,049199,053
2021-08-26$37.11$33.0013.4%3.8%13.1%17.8%13.3%5.2%1.5%-2.5M88.0M-1.6M32.6028.93N/AN/A516323,200199,056
2021-08-27$37.53$33.0010.0%2.9%13.6%4.3%13.1%5.1%1.9%-1.9M64.9M-1.3M0.1412.30N/AN/A56823,121199,056
2021-08-30$37.45$33.0012.7%3.6%13.6%15.2%13.9%4.2%1.4%-2.0M67.4M-1.4M0.0984.40N/AN/A65623,125199,104
2021-08-31$37.41$33.0012.5%3.6%13.6%14.4%12.1%4.0%1.7%-1.7M67.7M-1.3M0.0916.14N/AN/A6025223,126199,104