EWC Options History — September 2022

In September 2022, EWC traded between $30.75 and $35.34. ATM implied volatility averaged 27.3%, placing in the 33.4% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 1.5% (HV 20d: 25.8%). Max pain ranged from $35.00 to $38.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 367.48.

Notable Days

  • 2022-09-27: Highest Volume — 208,327 contracts
  • 2022-09-13: Largest IV spike — 17.3% change
  • 2022-09-28: Highest IV Rank — 44.5%
  • 2022-09-27: Largest Expected Move — 9.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.01$30.75$35.34$33.28$30.85
Max Pain$35.29$35.00$38.00$38.00$35.00
ATM IV27.3%22.7%32.9%24.5%31.0%
Expected Move7.9%6.7%9.6%7.5%8.9%
HV 20d25.8%23.3%28.5%25.0%28.1%
HV 60d24.5%23.4%25.9%25.8%24.7%
IV Rank33.4%23.9%44.5%29.1%40.6%
IV Percentile85.9%63.1%98.4%73.0%96.8%
Term Structure0.3%-1.3%3.7%-0.0%-0.0%
VWIV29.9%24.3%39.4%30.0%39.4%
Skew 25d6.3%4.6%8.0%6.4%5.5%
Skew 10d11.5%-2.4%17.8%10.8%10.2%
Call IV 25d27.4%20.9%86.1%22.8%28.1%
Put IV 25d33.8%26.4%93.8%29.2%33.6%
Bid-Ask Spread %56.8417.1578.9778.9769.51
Gamma HHI0.150.120.180.180.15
Net GEX-32.4M-46.7M-25.7M-46.7M-36.4M
Net DEX1.01B726.2M1.20B1.20B1.10B
Net VEX-6.4M-6.8M-5.8M-6.0M-6.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio367.480.337324.73157.430.78
Total Volume62,147.85756208,3274,753146,412
Total OI1,356,058.81910,7031,704,4701,599,5271,159,942

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-09-01$33.28$38.0024.5%7.5%25.0%29.1%30.0%6.4%-0.0%-46.7M1.20B-6.0M157.4378.97N/AN/A304,723161,0261,438,501
2022-09-02$33.57$38.0024.8%6.8%25.3%28.9%26.2%5.8%0.4%-41.2M1.14B-5.9M6.0078.58N/AN/A848161,0231,439,587
2022-09-06$33.34$35.0026.3%7.8%24.9%31.9%26.0%7.5%-0.2%-41.5M1.15B-5.8M13.5473.19N/AN/A3,37145,627161,0271,439,556
2022-09-07$33.64$35.0026.0%7.2%25.1%30.7%24.3%7.9%-0.6%-40.4M1.15B-6.0M3.7548.61N/AN/A14,17453,173161,0871,449,087
2022-09-08$33.97$35.0024.6%7.1%23.3%27.7%31.4%6.5%0.5%-29.1M1.03B-6.7M5.6624.73N/AN/A6133,471217,0491,462,094
2022-09-09$34.91$35.0022.7%6.7%25.5%23.9%24.6%5.9%0.0%-27.6M912.6M-6.8M1.1466.65N/AN/A4,6735,349217,6121,464,839
2022-09-12$35.34$35.0022.8%6.8%25.6%24.2%24.7%5.4%1.1%-25.7M850.1M-6.8M29.3263.50N/AN/A28821221,0401,469,274
2022-09-13$34.22$35.0026.8%7.6%27.7%32.1%25.2%6.4%0.2%-27.5M1.01B-6.7M0.6465.80N/AN/A77,51849,766221,0541,469,664
2022-09-14$34.32$35.0025.3%7.7%27.4%29.2%32.9%7.0%1.5%-27.4M997.9M-6.7M80.2059.30N/AN/A10802221,0531,469,267
2022-09-15$33.95$35.0026.8%7.7%25.6%32.2%32.3%5.7%-0.2%-27.7M1.05B-6.5M1.9050.45N/AN/A5,0229,554221,0631,469,499
2022-09-16$33.52$35.0027.3%7.5%23.9%33.1%25.5%6.3%-1.2%-27.8M1.12B-6.6M0.6317.15N/AN/A82,53051,918226,0801,478,390
2022-09-19$33.93$35.0026.7%7.7%24.1%32.1%24.6%6.9%-0.4%-28.7M726.2M-6.4M23.6218.62N/AN/A29685113,340797,363
2022-09-20$33.41$35.0027.3%7.8%24.4%33.3%34.0%6.5%0.3%-28.6M784.4M-6.5M7324.7346.44N/AN/A1180,572113,351797,763
2022-09-21$32.85$35.0028.1%8.1%24.6%34.9%32.9%4.6%2.5%-29.8M819.7M-6.4M59.8065.66N/AN/A10598113,352854,638
2022-09-22$32.58$35.0027.0%7.7%24.6%32.6%31.2%4.6%0.3%-30.5M874.0M-6.2M2.1259.98N/AN/A8211,742113,361854,921
2022-09-23$31.34$35.0028.6%8.2%26.7%35.9%28.5%5.5%0.0%-29.7M975.1M-6.0M2.3570.62N/AN/A9,12921,429113,373855,588
2022-09-26$30.78$35.0030.6%9.0%26.4%40.0%36.8%6.8%-0.4%-31.2M1.08B-6.2M1.0056.42N/AN/A88,58188,284122,410896,998
2022-09-27$30.75$35.0032.3%9.6%26.3%43.4%31.7%6.2%0.0%-31.7M1.08B-6.2M1.4069.25N/AN/A86,712121,615122,647929,322
2022-09-28$31.64$35.0032.9%8.7%28.2%44.5%30.8%7.7%3.7%-34.2M972.0M-6.3M0.6975.73N/AN/A81,35555,988125,704998,271
2022-09-29$31.12$35.0031.1%9.2%28.5%40.8%34.6%8.0%-1.3%-36.1M1.08B-6.4M0.3334.46N/AN/A81,35826,545126,5321,029,487
2022-09-30$30.85$35.0031.0%8.9%28.1%40.6%39.4%5.5%-0.0%-36.4M1.10B-6.5M0.7869.51N/AN/A82,07764,335126,5361,033,406