EWC Options History — August 2022

In August 2022, EWC traded between $33.84 and $36.26. ATM implied volatility averaged 25.7%, placing in the 51.5% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 4.3% (HV 20d: 21.4%). Max pain ranged from $38.00 to $40.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 17 of 23 days. Put/call ratio averaged 185.15.

Notable Days

2022-08-01: Highest Volume — 132,349 contracts
2022-08-25: Largest IV spike — 145.9% change
2022-08-25: Highest IV Rank — 100.0%
2022-08-30: Largest Expected Move — 7.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$35.25	$33.84	$36.26	$35.04	$33.84
Max Pain	$38.26	$38.00	$40.00	$40.00	$38.00
ATM IV	25.7%	18.7%	60.4%	23.3%	25.1%
Expected Move	6.2%	5.4%	7.7%	6.7%	7.2%
HV 20d	21.4%	16.7%	24.4%	24.2%	24.4%
HV 60d	25.4%	24.4%	27.2%	27.2%	25.8%
IV Rank	51.5%	30.2%	100.0%	57.5%	30.2%
IV Percentile	66.4%	46.8%	100.0%	70.6%	79.0%
Term Structure	-0.4%	-27.3%	5.0%	-0.0%	-0.2%
VWIV	23.3%	14.4%	28.7%	28.7%	25.7%
Skew 25d	5.6%	-6.4%	10.1%	6.0%	5.7%
Skew 10d	10.6%	-17.3%	23.1%	11.7%	15.0%
Call IV 25d	26.1%	16.6%	81.0%	21.1%	22.9%
Put IV 25d	31.7%	21.9%	86.5%	27.1%	28.6%
Bid-Ask Spread %	69.53	21.45	91.15	66.41	77.94
Gamma HHI	0.17	0.14	0.20	0.20	0.16
Net GEX	-35.3M	-43.7M	-23.8M	-41.2M	-41.4M
Net DEX	910.3M	753.3M	1.11B	1.01B	1.11B
Net VEX	-6.6M	-7.8M	-5.9M	-7.8M	-6.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	185.15	0.06	2055.50	5.35	9.58
Total Volume	36,303.174	15	132,349	132,349	40,316
Total OI	1,600,292.826	1,576,149	1,608,534	1,599,556	1,599,426

Daily Data (23 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
2022-08-01	$35.04	$40.00	23.3%	6.7%	24.2%	57.5%	28.7%	6.0%	-0.0%	-41.2M	1.01B	-7.8M	5.35	66.41	N/A	N/A	20,857	111,492	169,558	1,429,998
2022-08-02	$34.87	$40.00	22.4%	6.4%	21.8%	53.4%	27.7%	10.1%	0.3%	-40.6M	1.03B	-7.7M	5.28	36.75	N/A	N/A	20,857	110,028	169,575	1,432,501
2022-08-03	$34.98	$40.00	20.9%	6.0%	21.7%	47.3%	28.3%	6.0%	1.2%	-43.7M	957.6M	-6.7M	5.28	72.45	N/A	N/A	20,856	110,029	169,574	1,432,526
2022-08-04	$34.88	$38.00	21.1%	6.2%	20.7%	48.1%	20.0%	7.4%	2.9%	-41.2M	1.03B	-7.4M	5.28	41.67	N/A	N/A	20,844	110,031	169,575	1,432,525
2022-08-05	$34.70	$38.00	21.4%	6.4%	20.9%	49.4%	23.3%	8.8%	1.2%	-42.5M	1.04B	-7.0M	4.26	52.02	N/A	N/A	21,220	90,456	169,565	1,432,522
2022-08-08	$35.08	$38.00	20.5%	6.2%	20.1%	45.6%	14.4%	6.9%	2.4%	-40.5M	961.2M	-6.3M	4.21	47.59	N/A	N/A	21,263	89,498	170,077	1,433,080
2022-08-09	$34.75	$38.00	20.8%	5.8%	20.1%	46.6%	23.1%	3.8%	3.2%	-37.7M	917.0M	-6.6M	1095.00	82.02	N/A	N/A	8	8,760	170,105	1,433,105
2022-08-10	$35.67	$38.00	18.7%	5.4%	21.7%	37.7%	26.5%	5.7%	5.0%	-36.3M	911.7M	-7.1M	0.16	21.45	N/A	N/A	2,054	335	170,104	1,434,360
2022-08-11	$35.84	$38.00	19.7%	5.6%	18.1%	42.0%	20.6%	5.0%	-1.2%	-31.6M	796.5M	-6.8M	1.42	80.11	N/A	N/A	38	54	172,088	1,432,959
2022-08-12	$36.23	$38.00	19.0%	5.4%	18.1%	39.0%	22.4%	5.4%	3.2%	-31.5M	799.6M	-6.8M	0.21	75.71	N/A	N/A	159	33	172,094	1,432,978
2022-08-15	$35.89	$38.00	19.1%	5.5%	18.6%	39.5%	21.7%	5.9%	2.8%	-31.6M	848.1M	-6.8M	126.75	71.82	N/A	N/A	16	2,028	172,200	1,432,975
2022-08-16	$36.26	$38.00	19.5%	5.6%	16.7%	41.3%	22.4%	5.1%	3.1%	-27.2M	753.3M	-6.4M	0.67	68.45	N/A	N/A	1,282	856	172,197	1,434,978
2022-08-17	$35.18	$38.00	22.9%	6.6%	20.6%	55.6%	24.2%	7.9%	1.2%	-30.3M	769.7M	-6.5M	0.00	91.15	N/A	N/A	0	26	173,311	1,435,202
2022-08-18	$36.05	$38.00	19.1%	5.5%	22.1%	39.6%	20.4%	4.6%	2.0%	-23.8M	772.5M	-6.2M	1.50	82.06	N/A	N/A	6	9	173,311	1,435,220
2022-08-19	$35.51	$38.00	20.0%	5.7%	22.7%	43.1%	20.1%	5.7%	0.7%	-31.6M	877.6M	-6.3M	0.06	81.16	N/A	N/A	1,272	82	173,311	1,435,223
2022-08-22	$35.12	$38.00	22.9%	6.5%	23.0%	55.4%	26.0%	6.3%	0.6%	-34.6M	900.9M	-6.2M	10.06	71.80	N/A	N/A	31	312	162,169	1,415,166
2022-08-23	$35.41	$38.00	22.9%	6.6%	22.8%	55.4%	21.2%	6.5%	1.2%	-34.0M	876.7M	-6.3M	211.55	72.43	N/A	N/A	95	20,097	160,994	1,415,155
2022-08-24	$35.41	$38.00	23.0%	6.6%	21.6%	56.0%	24.6%	6.8%	0.1%	-34.1M	907.2M	-6.5M	23.00	82.32	N/A	N/A	1	23	160,963	1,435,215
2022-08-25	$35.81	$38.00	56.5%	5.7%	21.8%	100.0%	23.1%	-0.1%	-27.3%	-28.9M	785.2M	-5.9M	14.68	78.72	N/A	N/A	103	1,512	160,962	1,435,221
2022-08-26	$34.99	$38.00	60.4%	6.8%	22.9%	100.0%	15.1%	5.5%	1.0%	-31.5M	894.5M	-6.8M	359.17	84.70	N/A	N/A	6	2,155	161,027	1,436,741
2022-08-29	$35.01	$38.00	42.1%	7.0%	22.7%	63.8%	28.5%	9.5%	-10.1%	-37.2M	927.4M	-6.3M	134.38	81.47	N/A	N/A	13	1,747	161,021	1,436,574
2022-08-30	$34.15	$38.00	29.2%	7.7%	24.3%	38.3%	28.6%	-6.4%	-3.7%	-38.5M	1.06B	-6.3M	2055.50	78.96	N/A	N/A	2	4,111	161,022	1,438,282
2022-08-31	$33.84	$38.00	25.1%	7.2%	24.4%	30.2%	25.7%	5.7%	-0.2%	-41.4M	1.11B	-6.1M	9.58	77.94	N/A	N/A	3,809	36,507	161,024	1,438,402