EWC Options History — June 2022

In June 2022, EWC traded between $33.12 and $38.56. ATM implied volatility averaged 24.5%, placing in the 68.5% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded below realized volatility by 2.5% (HV 20d: 27.0%). Max pain ranged from $37.00 to $40.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 21.59.

Notable Days

2022-06-23: Highest Volume — 355,292 contracts
2022-06-02: Largest IV drop — 14.1% change
2022-06-23: Highest IV Rank — 81.2%
2022-06-23: Largest Expected Move — 7.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$35.50	$33.12	$38.56	$37.86	$33.64
Max Pain	$39.24	$37.00	$40.00	$39.00	$40.00
ATM IV	24.5%	19.0%	27.4%	22.1%	26.4%
Expected Move	7.0%	5.4%	7.8%	6.3%	7.6%
HV 20d	27.0%	21.4%	30.3%	28.5%	29.3%
HV 60d	24.3%	22.4%	26.4%	22.4%	26.3%
IV Rank	68.5%	44.7%	81.2%	58.4%	77.0%
IV Percentile	85.6%	66.7%	94.8%	78.6%	91.3%
Term Structure	-0.2%	-2.0%	1.2%	-1.2%	0.5%
VWIV	24.6%	16.8%	32.0%	21.8%	30.7%
Skew 25d	6.3%	5.0%	8.0%	5.4%	6.8%
Skew 10d	12.4%	7.5%	18.2%	13.3%	12.6%
Call IV 25d	21.8%	17.9%	24.8%	20.0%	24.6%
Put IV 25d	28.1%	23.7%	32.2%	25.4%	31.4%
Bid-Ask Spread %	44.95	14.24	82.11	82.11	20.46
Gamma HHI	0.22	0.18	0.24	0.24	0.20
Net GEX	-26.4M	-41.4M	-20.0M	-21.5M	-41.4M
Net DEX	809.3M	422.0M	1.16B	534.6M	1.16B
Net VEX	-7.9M	-8.9M	-7.3M	-7.9M	-8.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	21.59	3.83	110.99	28.05	110.99
Total Volume	91,908.524	47,464	355,292	47,464	205,169
Total OI	1,049,883.19	951,726	1,400,390	951,726	1,400,390

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-06-01	$37.86	$39.00	22.1%	6.3%	28.5%	58.4%	21.8%	5.4%	-1.2%	-21.5M	534.6M	-7.9M	28.05	82.11	N/A	N/A	1,634	45,830	127,166	824,560
2022-06-02	$38.56	$38.00	19.0%	5.4%	28.2%	44.7%	19.7%	5.8%	0.7%	-20.6M	422.0M	-7.5M	28.59	69.25	N/A	N/A	1,625	46,466	127,174	824,762
2022-06-03	$37.97	$38.00	20.8%	5.8%	26.0%	52.5%	19.7%	6.5%	1.0%	-20.7M	508.5M	-7.8M	30.28	30.76	N/A	N/A	1,547	46,850	127,164	825,494
2022-06-06	$38.16	$38.00	22.3%	6.0%	26.0%	59.0%	20.1%	5.5%	0.9%	-20.0M	495.5M	-7.8M	16.83	71.82	N/A	N/A	2,922	49,173	127,150	825,548
2022-06-07	$38.45	$38.00	20.8%	5.8%	21.4%	52.7%	19.5%	5.5%	1.2%	-21.6M	448.7M	-7.6M	8.32	20.21	N/A	N/A	6,506	54,145	126,163	828,665
2022-06-08	$38.10	$38.00	20.0%	5.7%	21.4%	49.0%	20.5%	5.5%	1.1%	-21.7M	488.3M	-7.8M	8.32	72.98	N/A	N/A	6,510	54,174	131,160	833,666
2022-06-09	$37.11	$38.00	22.5%	6.5%	24.0%	60.0%	24.7%	5.0%	0.1%	-21.1M	577.4M	-8.0M	8.27	50.89	N/A	N/A	6,597	54,575	131,075	833,707
2022-06-10	$36.30	$37.00	24.7%	7.1%	25.1%	69.4%	16.8%	6.6%	-0.6%	-22.3M	686.5M	-8.2M	5.03	64.14	N/A	N/A	11,701	58,873	131,131	834,004
2022-06-13	$34.97	$40.00	27.2%	7.8%	26.4%	80.6%	20.9%	7.0%	-1.3%	-23.6M	844.4M	-8.1M	6.18	23.77	N/A	N/A	9,132	56,398	136,219	839,094
2022-06-14	$34.60	$40.00	25.6%	7.3%	26.2%	73.7%	18.2%	8.0%	-0.7%	-24.0M	912.7M	-7.9M	4.32	16.63	N/A	N/A	14,225	61,399	141,172	844,124
2022-06-15	$34.91	$40.00	25.0%	7.2%	25.8%	70.8%	21.1%	6.5%	-2.0%	-24.6M	881.1M	-7.9M	4.40	45.82	N/A	N/A	14,044	61,758	141,218	844,164
2022-06-16	$33.67	$40.00	27.1%	7.8%	27.4%	79.9%	30.5%	7.3%	-0.9%	-24.4M	973.2M	-7.7M	3.83	19.03	N/A	N/A	14,036	53,747	141,224	838,610
2022-06-17	$33.38	$40.00	26.8%	7.7%	26.6%	78.7%	32.0%	7.9%	-1.0%	-25.2M	981.7M	-7.4M	3.83	69.00	N/A	N/A	14,034	53,697	141,232	838,690
2022-06-21	$34.25	$40.00	25.5%	7.3%	28.6%	73.2%	30.0%	6.3%	-0.6%	-25.6M	917.2M	-7.4M	3.83	41.52	N/A	N/A	14,011	53,623	132,751	837,456
2022-06-22	$33.85	$40.00	25.3%	7.3%	27.7%	72.2%	28.9%	6.5%	-1.6%	-25.6M	951.4M	-7.3M	10.00	20.79	N/A	N/A	14,008	140,112	132,803	837,461
2022-06-23	$33.12	$40.00	27.4%	7.8%	28.4%	81.2%	28.0%	7.0%	-0.7%	-28.1M	1.05B	-7.5M	20.64	39.15	N/A	N/A	16,422	338,870	132,822	911,377
2022-06-24	$33.94	$40.00	24.6%	7.0%	30.1%	69.0%	27.3%	5.2%	0.8%	-36.0M	1.08B	-8.4M	13.93	56.93	N/A	N/A	6,726	93,707	134,894	1,139,159
2022-06-27	$34.41	$40.00	25.9%	7.4%	30.3%	74.8%	30.0%	7.0%	-0.1%	-34.8M	1.01B	-8.2M	43.61	54.45	N/A	N/A	1,728	75,361	134,970	1,135,712
2022-06-28	$34.29	$40.00	27.3%	7.8%	29.5%	81.2%	29.4%	5.9%	-0.6%	-34.8M	1.02B	-8.3M	43.60	59.90	N/A	N/A	1,804	78,655	135,055	1,136,177
2022-06-29	$34.01	$40.00	27.2%	7.8%	29.3%	80.7%	27.6%	5.6%	0.1%	-36.3M	1.06B	-8.5M	50.54	14.24	N/A	N/A	1,713	86,572	135,042	1,147,142
2022-06-30	$33.64	$40.00	26.4%	7.6%	29.3%	77.0%	30.7%	6.8%	0.5%	-41.4M	1.16B	-8.9M	110.99	20.46	N/A	N/A	1,832	203,337	135,045	1,265,345