EWC Options History — April 2023

In April 2023, EWC traded between $34.39 and $35.58. ATM implied volatility averaged 17.8%, placing in the 4.6% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 3.6% (HV 20d: 14.2%). Max pain ranged from $34.00 to $35.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 57.75.

Notable Days

  • 2023-04-11: Highest Volume — 8,071 contracts
  • 2023-04-26: Largest IV spike — 45.3% change
  • 2023-04-26: Highest IV Rank — 18.7%
  • 2023-04-06: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.99$34.39$35.58$34.77$35.19
Max Pain$34.13$34.00$35.00$34.00$35.00
ATM IV17.8%14.7%24.3%18.1%14.7%
Expected Move5.0%4.6%5.5%4.9%4.7%
HV 20d14.2%11.2%19.6%19.6%13.5%
HV 60d14.8%14.4%15.8%15.8%14.8%
IV Rank4.6%0.0%18.7%8.6%0.0%
IV Percentile8.8%0.0%60.3%7.9%0.0%
Term Structure-0.4%-4.1%2.9%0.2%0.5%
VWIV18.4%15.4%21.9%17.4%16.0%
Skew 25d3.9%0.9%9.2%3.6%1.1%
Skew 10d6.8%-11.5%13.7%6.8%-11.5%
Call IV 25d17.2%14.7%25.1%17.3%16.6%
Put IV 25d21.0%17.7%28.5%20.9%17.7%
Bid-Ask Spread %59.9331.5790.7152.5790.71
Gamma HHI0.140.120.150.120.15
Net GEX-12.1M-17.2M-8.7M-16.5M-9.8M
Net DEX114.9M72.6M168.8M134.7M121.5M
Net VEX-2.5M-2.8M-2.1M-2.6M-2.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio57.750.00603.800.790.90
Total Volume1,162.316128,0715278
Total OI482,108.737457,302495,384492,743457,513

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$34.77$34.0018.1%4.9%19.6%8.6%17.4%3.6%0.2%-16.5M134.7M-2.6M0.7952.57N/AN/A292361,711431,032
2023-04-04$34.61$34.0019.5%5.4%18.2%11.7%19.5%3.9%-0.6%-15.3M154.6M-2.8M96.9031.57N/AN/A525,03961,724431,047
2023-04-05$34.53$34.0019.2%5.3%18.3%11.0%17.5%3.4%-0.3%-16.6M119.2M-2.3M357.4337.64N/AN/A145,00461,745426,109
2023-04-06$34.45$34.0018.6%5.5%17.2%5.4%19.4%0.9%-0.3%-14.9M109.4M-2.2M0.7171.25N/AN/A7561,743423,860
2023-04-10$34.53$34.0018.7%5.2%15.7%5.5%0.0%5.0%-0.8%-17.2M129.6M-2.4M10.5854.61N/AN/A1212761,693423,784
2023-04-11$34.91$34.0018.2%5.0%15.9%4.5%19.3%4.2%-1.0%-10.9M129.7M-2.7M7.0454.80N/AN/A1,0047,06761,699423,911
2023-04-12$35.03$34.0018.2%5.1%15.9%4.3%19.6%3.4%-0.3%-10.7M123.2M-2.7M0.6450.69N/AN/A14961,700430,978
2023-04-13$35.50$34.0017.2%5.1%13.2%2.1%21.9%1.8%2.0%-8.7M75.4M-2.3M0.9286.36N/AN/A121161,692430,983
2023-04-14$35.45$34.0016.5%5.2%12.8%0.6%15.7%5.3%2.9%-11.7M72.6M-2.3M0.0077.37N/AN/A46061,703430,994
2023-04-17$35.47$34.0017.1%4.9%11.8%1.9%15.4%4.1%-2.7%-11.3M102.6M-2.7M0.1254.55N/AN/A34461,452430,898
2023-04-18$35.58$34.0016.0%4.6%11.5%0.0%19.4%3.1%-1.3%-9.9M105.3M-2.7M1.2071.09N/AN/A101261,476430,901
2023-04-19$35.39$34.0017.0%4.9%11.9%2.3%17.5%3.0%0.4%-9.6M79.8M-2.4M0.5651.92N/AN/A271561,466430,912
2023-04-20$35.25$34.0016.5%4.7%12.0%1.3%18.6%3.4%0.5%-8.9M100.9M-2.6M603.8046.95N/AN/A53,01961,470430,906
2023-04-21$35.17$34.0016.6%4.6%11.3%1.5%18.8%3.8%0.6%-9.9M94.1M-2.3M2.2256.71N/AN/A92061,475433,909
2023-04-24$35.20$34.0017.6%4.7%11.2%3.6%17.4%6.2%-1.9%-10.5M83.4M-2.1M2.8041.48N/AN/A102859,534397,768
2023-04-25$34.59$34.5016.7%5.3%13.0%1.7%20.0%4.5%-1.7%-12.7M142.5M-2.6M8.2971.00N/AN/A1411659,538397,792
2023-04-26$34.39$34.5024.3%5.4%13.2%18.7%0.0%3.4%-4.1%-12.2M168.8M-2.7M0.9576.95N/AN/A848059,537397,897
2023-04-27$34.86$34.5016.9%4.9%13.4%2.1%18.8%9.2%-0.2%-12.3M136.6M-2.6M1.4460.53N/AN/A182659,537397,977
2023-04-28$35.19$35.0014.7%4.7%13.5%0.0%16.0%1.1%0.5%-9.8M121.5M-2.6M0.9090.71N/AN/A413759,530397,983