EWC Options History — July 2023

In July 2023, EWC traded between $34.03 and $36.06. ATM implied volatility averaged 14.6%, placing in the 3.3% IV rank vs the trailing year. The 30-day expected move averaged 4.1%. IV traded below realized volatility by 1.0% (HV 20d: 15.6%). Max pain ranged from $34.00 to $36.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 19.66.

Notable Days

  • 2023-07-06: Highest Volume — 2,671 contracts
  • 2023-07-18: Largest IV spike — 24.0% change
  • 2023-07-18: Highest IV Rank — 10.8%
  • 2023-07-13: Largest Expected Move — 4.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.32$34.03$36.06$35.23$36.06
Max Pain$34.60$34.00$36.00$35.00$36.00
ATM IV14.6%12.7%17.8%14.4%14.7%
Expected Move4.1%3.6%4.9%3.8%4.2%
HV 20d15.6%12.4%17.2%12.4%15.3%
HV 60d15.7%14.8%16.3%14.8%15.4%
IV Rank3.3%0.0%10.8%1.7%4.2%
IV Percentile6.3%0.0%25.0%3.2%9.5%
Term Structure0.5%-0.6%5.8%-0.2%0.5%
VWIV16.4%14.0%31.7%15.7%14.5%
Skew 25d1.3%-11.9%3.8%-1.2%3.4%
Skew 10d2.2%-11.9%6.8%0.8%0.7%
Call IV 25d14.5%10.2%29.2%17.4%13.1%
Put IV 25d15.8%11.8%17.5%16.2%16.5%
Bid-Ask Spread %53.8015.2196.3789.7784.77
Gamma HHI0.220.150.310.210.21
Net GEX-8.8M-19.6M-5.0M-10.2M-5.2M
Net DEX47.5M-3.2M123.3M51.2M-3.2M
Net VEX-1.5M-1.8M-1.3M-1.6M-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio19.660.08136.009.500.09
Total Volume313.732,6712112
Total OI402,379.6373,241415,371412,092375,001

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$35.23$35.0014.4%3.8%12.4%1.7%15.7%-1.2%-0.2%-10.2M51.2M-1.6M9.5089.77N/AN/A21955,541356,551
2023-07-05$34.80$35.0015.2%3.9%13.1%3.4%31.7%-11.9%0.8%-11.2M54.6M-1.5M2.3291.75N/AN/A286555,543356,560
2023-07-06$34.03$34.0016.1%4.5%15.1%5.3%15.7%3.0%0.9%-19.6M123.3M-1.7M0.0046.70N/AN/A02,67155,570356,622
2023-07-07$34.36$34.0014.6%4.4%15.0%2.3%14.8%0.9%-0.4%-16.6M112.4M-1.8M0.0829.93N/AN/A83755,570359,289
2023-07-10$34.30$34.0015.0%4.4%15.0%3.1%15.4%3.3%1.0%-16.8M115.0M-1.6M0.2215.21N/AN/A591355,633359,248
2023-07-11$34.45$34.0014.9%4.5%15.1%2.7%0.0%2.7%0.7%-15.3M101.7M-1.6M0.2770.13N/AN/A11355,683359,260
2023-07-12$34.95$34.0014.8%4.1%15.9%2.6%0.0%-3.7%-0.6%-10.5M66.2M-1.6M0.0965.03N/AN/A75755,674359,263
2023-07-13$35.58$34.0012.7%4.9%16.8%0.0%0.0%2.4%-0.2%-7.0M32.5M-1.4M0.8096.37N/AN/A151255,678359,267
2023-07-14$35.25$34.0012.7%4.2%17.2%0.0%15.0%0.5%5.8%-6.9M42.6M-1.7M0.6467.50N/AN/A332155,690359,267
2023-07-17$35.33$34.0014.4%4.1%16.9%3.6%0.0%2.8%0.3%-6.4M40.2M-1.4M0.0050.51N/AN/A0355,640359,264
2023-07-18$35.59$34.0017.8%3.9%17.0%10.8%16.6%3.8%0.2%-5.4M23.6M-1.4M136.0069.24N/AN/A227255,640359,265
2023-07-19$35.83$34.0014.1%4.1%16.3%3.1%0.0%3.2%1.0%-5.1M30.2M-1.5M0.0969.47N/AN/A4283855,641359,247
2023-07-20$35.72$34.0013.6%3.8%16.4%1.9%14.7%3.0%0.1%-5.6M21.4M-1.5M0.4420.13N/AN/A361656,069359,255
2023-07-21$35.80$34.0013.7%3.9%16.2%2.1%15.3%2.7%0.8%-5.9M39.7M-1.6M0.1322.41N/AN/A53756,101359,270
2023-07-24$36.00$34.0014.5%4.0%15.5%3.7%14.0%3.0%-0.3%-5.0M16.6M-1.4M105.4521.49N/AN/A111,16056,099317,142
2023-07-25$35.97$36.0014.9%4.0%15.0%4.7%0.0%2.7%-0.2%-5.3M21.2M-1.5M0.2327.35N/AN/A1192756,110318,230
2023-07-26$35.91$36.0014.7%4.1%15.1%4.3%0.0%1.7%-0.4%-5.6M18.5M-1.6M55.5082.70N/AN/A633356,209318,267
2023-07-27$35.50$36.0014.6%4.1%15.7%4.1%15.3%2.0%-0.2%-5.8M17.1M-1.4M29.4422.93N/AN/A926556,213318,325
2023-07-28$35.80$36.0013.7%3.6%15.9%2.2%14.5%2.1%0.1%-6.1M25.1M-1.4M12.5832.52N/AN/A2632756,217318,478
2023-07-31$36.06$36.0014.7%4.2%15.3%4.2%14.5%3.4%0.5%-5.2M-3.2M-1.3M0.0984.77N/AN/A11156,219318,782