EWC Options History — July 2022

In July 2022, EWC traded between $32.07 and $35.33. ATM implied volatility averaged 26.0%, placing in the 70.5% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded below realized volatility by 1.1% (HV 20d: 27.0%). Max pain ranged from $33.00 to $40.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 23.84.

Notable Days

  • 2022-07-14: Highest Volume — 268,941 contracts
  • 2022-07-11: Largest IV spike — 25.1% change
  • 2022-07-12: Highest IV Rank — 100.0%
  • 2022-07-14: Largest Expected Move — 8.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.60$32.07$35.33$34.10$35.33
Max Pain$38.30$33.00$40.00$40.00$40.00
ATM IV26.0%21.8%33.3%25.3%22.3%
Expected Move7.3%6.2%8.1%7.3%6.4%
HV 20d27.0%23.0%30.6%28.8%24.3%
HV 60d27.5%26.5%28.3%26.5%27.5%
IV Rank70.5%50.9%100.0%72.2%53.2%
IV Percentile84.0%63.9%100.0%86.5%68.3%
Term Structure0.2%-0.6%1.7%1.7%0.8%
VWIV29.3%23.4%38.5%29.1%23.5%
Skew 25d7.9%5.7%10.3%8.2%5.8%
Skew 10d15.3%6.1%21.5%19.8%9.7%
Call IV 25d22.3%19.3%24.4%20.6%19.3%
Put IV 25d30.2%25.2%33.6%28.8%25.2%
Bid-Ask Spread %47.1814.9269.2543.2156.85
Gamma HHI0.220.190.250.190.19
Net GEX-47.6M-55.4M-37.8M-41.0M-37.8M
Net DEX1.23B915.9M1.49B1.13B915.9M
Net VEX-8.5M-9.2M-7.4M-9.0M-7.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio23.844.81138.95115.374.81
Total Volume183,116.8131,778268,941210,517131,778
Total OI1,575,0991,431,0111,602,8821,431,0111,599,554

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-07-01$34.10$40.0025.3%7.3%28.8%72.2%29.1%8.2%1.7%-41.0M1.13B-9.0M115.3743.21N/AN/A1,809208,708135,1901,295,821
2022-07-05$33.18$33.0030.1%8.1%29.6%93.5%38.5%10.3%-0.3%-46.4M1.27B-9.1M138.9554.09N/AN/A1,687234,415135,1771,343,902
2022-07-06$33.05$33.0028.3%7.8%29.3%84.7%35.3%9.4%-0.1%-49.3M1.29B-9.2M27.7726.12N/AN/A6,963193,350135,1951,412,087
2022-07-07$33.74$36.0025.7%7.4%30.5%72.9%26.6%9.1%-0.1%-47.5M1.20B-9.2M55.8967.76N/AN/A3,229180,457140,3191,419,330
2022-07-08$33.75$36.0023.4%7.0%30.6%62.3%26.0%8.3%0.9%-48.2M1.24B-9.2M24.6267.05N/AN/A8,626212,350155,1601,445,638
2022-07-11$33.22$36.0029.3%8.0%29.9%89.3%36.0%8.3%-0.0%-48.6M1.26B-9.2M28.2457.79N/AN/A8,260233,231160,6661,420,245
2022-07-12$32.90$36.0033.3%7.9%29.3%100.0%34.9%8.5%-0.5%-50.3M1.35B-9.0M12.2915.28N/AN/A17,228211,818166,4181,420,175
2022-07-13$32.99$36.0027.5%7.9%26.7%75.1%27.9%8.6%-0.6%-51.0M1.37B-9.2M5.5114.92N/AN/A37,225204,936161,8631,441,019
2022-07-14$32.07$40.0028.4%8.1%28.1%78.9%30.4%9.2%-0.4%-55.4M1.49B-8.6M7.4861.24N/AN/A31,705237,236171,8761,415,489
2022-07-15$32.37$40.0026.8%7.7%28.1%72.3%26.6%7.7%0.4%-54.2M1.43B-8.5M6.2334.13N/AN/A32,738203,965165,8791,425,101
2022-07-18$32.81$40.0027.0%7.7%26.0%72.8%31.1%6.2%-0.5%-51.3M1.35B-8.6M5.6069.25N/AN/A20,905117,031167,4221,419,788
2022-07-19$33.72$40.0024.6%7.0%27.7%62.7%27.2%8.8%0.1%-48.6M1.25B-8.3M5.4160.99N/AN/A22,398121,177167,4461,417,515
2022-07-20$33.91$40.0025.1%7.2%26.2%64.9%29.1%9.3%-0.6%-47.1M1.22B-8.3M5.6760.77N/AN/A20,896118,495167,8781,424,672
2022-07-21$33.90$40.0024.5%7.0%25.8%62.5%27.0%7.3%0.1%-47.5M1.22B-8.1M5.6550.50N/AN/A20,909118,099168,0571,424,205
2022-07-22$33.67$40.0023.5%6.7%24.7%58.1%24.0%5.7%0.4%-47.4M1.21B-8.0M5.7224.39N/AN/A21,351122,095168,0671,424,222
2022-07-25$34.07$40.0024.6%7.1%23.5%62.9%23.4%6.0%0.1%-46.9M1.17B-7.9M5.5444.22N/AN/A21,105116,886167,8471,428,118
2022-07-26$33.82$40.0025.8%7.4%23.0%68.1%31.4%7.5%-0.3%-50.4M1.21B-8.1M6.1130.62N/AN/A20,878127,512167,8511,428,167
2022-07-27$34.58$40.0022.1%6.3%24.4%52.2%29.5%6.2%0.8%-42.8M1.06B-7.5M5.1162.48N/AN/A22,727116,125167,8721,427,287
2022-07-28$34.84$40.0021.8%6.2%24.3%50.9%28.4%7.2%1.5%-40.8M1.01B-7.4M4.8141.94N/AN/A22,708109,325169,5551,429,907
2022-07-29$35.33$40.0022.3%6.4%24.3%53.2%23.5%5.8%0.8%-37.8M915.9M-7.4M4.8156.85N/AN/A22,691109,087169,5591,429,995