EWC Options History — April 2022

In April 2022, EWC traded between $37.09 and $40.57. ATM implied volatility averaged 19.3%, placing in the 45.8% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 3.9% (HV 20d: 15.4%). Max pain ranged from $38.00 to $49.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 4.42.

Notable Days

  • 2022-04-29: Highest Volume — 67,131 contracts
  • 2022-04-12: Largest IV spike — 41.5% change
  • 2022-04-29: Highest IV Rank — 70.2%
  • 2022-04-29: Largest Expected Move — 7.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.22$37.09$40.57$40.10$37.21
Max Pain$43.70$38.00$49.00$39.00$49.00
ATM IV19.3%14.1%24.9%15.7%24.9%
Expected Move5.6%4.6%7.1%5.1%7.1%
HV 20d15.4%11.5%20.2%16.4%20.2%
HV 60d17.3%16.1%18.4%17.3%18.2%
IV Rank45.8%23.1%70.2%29.9%70.2%
IV Percentile74.7%34.9%92.5%59.1%92.5%
Term Structure0.9%-0.4%2.4%2.4%-0.1%
VWIV19.8%14.9%24.6%16.8%24.6%
Skew 25d5.9%2.0%8.9%2.0%6.3%
Skew 10d11.6%2.4%16.1%2.4%9.3%
Call IV 25d17.2%14.7%22.1%15.2%22.1%
Put IV 25d23.1%17.3%28.4%17.3%28.4%
Bid-Ask Spread %34.9117.0376.1430.0323.64
Gamma HHI0.290.210.370.250.31
Net GEX-4.2M-7.2M-1.0M-2.0M-7.2M
Net DEX109.6M17.8M256.3M43.3M256.3M
Net VEX-2.8M-3.0M-2.6M-2.8M-2.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.420.307.747.126.87
Total Volume26,194.2512267,13126,49167,131
Total OI431,356.6411,802453,003429,167452,985

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$40.10$39.0015.7%5.1%16.4%29.9%16.8%2.0%2.4%-2.0M43.3M-2.8M7.1230.03N/AN/A3,26223,22996,697332,470
2022-04-04$40.57$39.0014.1%4.6%16.2%23.1%14.9%5.3%1.0%-1.0M24.7M-2.8M5.7259.85N/AN/A4,05923,20596,832332,482
2022-04-05$40.35$39.0016.4%5.1%15.8%33.1%18.9%5.0%1.4%-1.2M37.8M-3.0M7.3076.14N/AN/A3,17923,19697,618332,483
2022-04-06$39.90$38.0017.9%5.4%15.4%39.8%19.1%6.7%1.4%-2.1M67.2M-3.0M7.3542.96N/AN/A3,15823,20997,650332,513
2022-04-07$39.84$38.0018.8%5.3%15.4%43.4%17.6%6.8%0.4%-4.1M77.7M-2.9M7.3849.96N/AN/A3,13923,16797,706332,570
2022-04-08$39.99$38.0017.0%5.2%15.4%35.7%19.5%5.9%0.5%-2.7M62.6M-2.9M7.7431.02N/AN/A2,98623,10497,825332,640
2022-04-11$39.56$38.0016.8%5.6%14.5%34.7%21.4%6.5%0.0%-4.0M78.4M-2.8M7.3320.72N/AN/A3,15223,09197,847332,679
2022-04-12$39.40$38.0023.7%6.0%14.7%65.3%20.1%5.4%0.8%-4.4M100.9M-3.0M2.7517.03N/AN/A5,63715,47497,917332,689
2022-04-13$39.83$42.0018.2%5.2%13.7%40.9%18.5%5.8%1.3%-4.0M95.7M-2.9M2.8521.98N/AN/A5,46915,592102,975337,643
2022-04-14$39.76$42.0018.4%5.3%11.8%42.0%19.0%5.3%0.9%-4.1M69.4M-2.8M2.7518.99N/AN/A5,60715,42798,236332,965
2022-04-18$39.66$42.0018.6%5.3%11.5%43.0%19.0%6.3%0.7%-4.1M55.5M-2.9M3.1120.53N/AN/A4,71614,66686,392325,410
2022-04-19$39.97$49.0017.2%4.9%11.7%36.6%18.8%5.9%1.4%-4.1M47.4M-2.7M3.1341.19N/AN/A4,68314,67290,546329,527
2022-04-20$40.36$49.0016.9%4.8%11.8%35.1%16.8%4.9%1.5%-3.4M17.8M-2.6M3.0348.07N/AN/A5,11615,51690,544329,524
2022-04-21$39.47$49.0019.6%5.6%14.0%47.3%17.6%4.7%0.5%-4.5M79.4M-2.8M2.6222.66N/AN/A5,55914,54190,796330,513
2022-04-22$38.36$49.0020.7%5.9%17.1%52.0%21.9%6.4%1.8%-5.7M150.7M-2.9M2.1349.24N/AN/A8,71618,60591,175330,558
2022-04-25$37.94$49.0021.4%6.1%16.9%55.1%23.7%8.9%0.6%-6.4M207.9M-2.8M2.1647.71N/AN/A8,60718,62299,146338,766
2022-04-26$37.09$49.0024.3%7.0%18.2%68.0%24.1%6.2%0.5%-6.3M248.3M-2.8M2.1726.30N/AN/A8,55418,60099,091338,770
2022-04-27$37.16$49.0024.2%6.9%17.7%67.2%21.7%7.4%-0.4%-6.5M254.4M-2.8M0.3023.14N/AN/A942899,163338,786
2022-04-28$37.88$49.0021.1%6.1%19.6%53.9%22.6%6.7%0.9%-6.6M216.3M-2.8M4.5426.99N/AN/A8,50638,61199,202353,801
2022-04-29$37.21$49.0024.9%7.1%20.2%70.2%24.6%6.3%-0.1%-7.2M256.3M-2.9M6.8723.64N/AN/A8,53158,60099,162353,823