EWC Options History — November 2022

In November 2022, EWC traded between $32.46 and $35.40. ATM implied volatility averaged 24.6%, placing in the 25.6% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded below realized volatility by 0.5% (HV 20d: 25.1%). Max pain ranged from $36.00 to $40.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 14.49.

Notable Days

  • 2022-11-18: Highest Volume — 158,532 contracts
  • 2022-11-11: Largest IV spike — 66.0% change
  • 2022-11-11: Highest IV Rank — 58.0%
  • 2022-11-01: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.26$32.46$35.40$33.10$35.20
Max Pain$39.05$36.00$40.00$36.00$40.00
ATM IV24.6%19.9%40.3%26.6%19.9%
Expected Move7.3%6.2%8.2%8.2%7.3%
HV 20d25.1%22.8%28.2%25.5%26.1%
HV 60d28.2%27.2%29.2%27.7%28.1%
IV Rank25.6%15.4%58.0%31.9%15.4%
IV Percentile54.4%25.0%98.4%73.8%25.0%
Term Structure-0.0%-1.5%2.2%-0.5%-0.6%
VWIV27.2%21.9%39.3%21.9%25.5%
Skew 25d5.1%1.4%11.8%1.4%4.8%
Skew 10d6.4%-19.4%20.4%-19.4%8.6%
Call IV 25d26.7%17.6%79.4%27.8%17.6%
Put IV 25d31.9%22.4%90.8%29.2%22.4%
Bid-Ask Spread %77.1061.1190.0481.0767.06
Gamma HHI0.240.130.360.150.36
Net GEX-33.2M-36.8M-30.7M-32.9M-32.4M
Net DEX659.9M466.5M869.4M774.7M600.6M
Net VEX-5.1M-5.6M-4.0M-5.5M-4.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio14.490.31292.070.392.00
Total Volume68,345.76245158,53273,16745
Total OI1,175,818.7141,146,9181,200,8481,184,5661,155,723

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-11-01$33.10$36.0026.6%8.2%25.5%31.9%21.9%1.4%-0.5%-32.9M774.7M-5.5M0.3981.07N/AN/A52,68620,481133,1551,051,411
2022-11-02$32.69$36.0027.3%7.9%25.7%33.2%22.2%3.5%2.2%-33.5M839.3M-5.6M0.3982.48N/AN/A52,74520,430133,1631,051,384
2022-11-03$32.46$39.0026.5%8.0%23.8%31.6%28.1%4.0%-0.4%-34.0M869.4M-5.4M0.3974.37N/AN/A52,75620,441133,2181,051,259
2022-11-04$33.35$39.0025.0%7.9%24.1%26.3%27.3%4.9%-0.5%-34.9M723.0M-5.6M0.3978.64N/AN/A52,55120,415133,2211,051,221
2022-11-07$33.46$39.0025.4%7.9%23.8%27.2%27.6%5.9%1.7%-34.6M751.0M-5.4M0.3979.06N/AN/A52,75220,448133,1511,051,064
2022-11-08$33.88$39.0026.2%8.0%22.8%28.6%27.6%4.2%0.8%-34.3M702.7M-5.4M0.4276.68N/AN/A48,49820,240133,3921,051,075
2022-11-09$33.05$39.0026.1%8.1%25.1%28.4%29.3%4.6%1.9%-34.0M802.0M-5.4M0.4276.37N/AN/A48,57120,374133,4551,051,102
2022-11-10$34.63$39.0024.3%7.1%28.2%24.5%25.2%5.6%-0.0%-32.2M603.6M-5.4M0.5175.66N/AN/A54,08027,397133,4801,052,088
2022-11-11$35.03$39.0040.3%7.3%26.2%58.0%26.4%11.5%0.0%-36.8M466.5M-4.0M0.3880.34N/AN/A55,45321,322135,6901,054,034
2022-11-14$34.74$39.0024.1%7.0%25.8%24.1%25.4%4.9%-0.3%-32.1M566.5M-4.9M0.3179.72N/AN/A55,51617,287135,5191,052,954
2022-11-15$34.85$39.0024.2%7.0%25.8%24.4%26.8%5.4%-0.7%-33.4M591.2M-5.2M0.3881.64N/AN/A55,55420,935137,6201,054,974
2022-11-16$34.70$39.0024.2%6.9%25.6%24.3%26.2%5.5%0.6%-34.3M613.3M-5.1M0.4280.71N/AN/A69,19028,957137,6581,058,242
2022-11-17$34.51$39.0024.3%7.1%25.6%24.7%25.1%4.9%-0.7%-34.3M631.3M-5.0M0.4081.63N/AN/A69,09127,397140,6631,060,185
2022-11-18$34.57$39.0022.9%6.5%24.1%21.6%26.1%3.7%0.7%-35.0M620.7M-4.9M0.4681.85N/AN/A108,61349,919140,6671,059,851
2022-11-21$34.35$40.0023.3%6.8%24.2%22.5%29.4%4.6%-1.3%-33.0M691.5M-5.0M0.4667.19N/AN/A73,58633,827150,120998,190
2022-11-22$35.03$40.0021.7%6.5%24.4%19.2%28.5%3.9%-1.5%-31.1M574.0M-4.5M0.8783.88N/AN/A38,82233,771150,198998,203
2022-11-23$35.15$40.0021.8%6.4%24.2%19.4%30.6%5.1%-0.8%-31.9M566.0M-4.5M0.8972.91N/AN/A38,49734,080150,527998,219
2022-11-25$35.40$40.0020.3%6.2%24.2%16.3%39.3%11.8%-1.1%-30.7M556.7M-4.9M1.5790.04N/AN/A2133150,531999,286
2022-11-28$34.75$40.0021.4%6.9%25.4%18.6%25.2%4.5%-0.6%-31.5M645.1M-4.8M292.0766.65N/AN/A154,381150,182999,200
2022-11-29$34.59$40.0020.8%7.5%25.5%17.3%26.9%3.4%0.7%-31.0M667.8M-4.7M0.7261.11N/AN/A8,1705,914150,188996,730
2022-11-30$35.20$40.0019.9%7.3%26.1%15.4%25.5%4.8%-0.6%-32.4M600.6M-4.8M2.0067.06N/AN/A1530153,8641,001,859