EWC Options History — October 2023

In October 2023, EWC traded between $31.45 and $33.66. ATM implied volatility averaged 19.7%, placing in the 18.8% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 2.6% (HV 20d: 17.0%). Max pain ranged from $33.00 to $35.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 50.78.

Notable Days

  • 2023-10-04: Highest Volume — 7,474 contracts
  • 2023-10-18: Largest IV spike — 23.8% change
  • 2023-10-27: Highest IV Rank — 33.0%
  • 2023-10-27: Largest Expected Move — 6.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.64$31.45$33.66$32.67$31.70
Max Pain$33.27$33.00$35.00$35.00$33.00
ATM IV19.7%16.3%22.7%17.9%19.3%
Expected Move5.6%4.7%6.5%5.1%5.5%
HV 20d17.0%14.4%18.6%16.7%14.4%
HV 60d15.0%14.6%15.5%15.0%15.0%
IV Rank18.8%9.8%33.0%13.5%22.4%
IV Percentile61.9%26.2%87.3%44.4%61.5%
Term Structure0.3%-0.9%1.9%0.1%-0.8%
VWIV19.9%16.7%24.1%18.2%23.2%
Skew 25d5.3%3.7%6.8%4.5%3.7%
Skew 10d10.5%8.1%13.8%11.6%8.5%
Call IV 25d17.7%15.6%20.1%16.9%18.7%
Put IV 25d23.0%19.9%25.8%21.4%22.4%
Bid-Ask Spread %71.5552.9780.9477.0275.11
Gamma HHI0.150.130.190.160.14
Net GEX-10.6M-11.9M-9.2M-10.1M-10.4M
Net DEX207.6M138.9M268.3M212.7M238.8M
Net VEX-1.0M-1.2M-802.1K-1.0M-851.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio50.780.37833.753.040.68
Total Volume984.818267,4741,431257
Total OI348,419.955343,437357,950354,835344,008

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$32.67$35.0017.9%5.1%16.7%13.5%18.2%4.5%0.1%-10.1M212.7M-1.0M3.0477.02N/AN/A3541,07756,217298,618
2023-10-03$32.28$35.0021.8%6.2%17.0%22.3%22.4%5.0%0.3%-9.9M226.0M-1.1M99.4380.67N/AN/A545,36956,515297,672
2023-10-04$32.25$35.0020.8%6.0%16.7%20.1%21.1%4.3%0.6%-11.4M229.9M-1.1M50.1980.94N/AN/A1467,32856,567301,383
2023-10-05$32.48$33.0021.0%6.1%17.0%20.6%23.5%6.1%0.5%-11.6M224.3M-1.2M1.9057.55N/AN/A15629756,567293,891
2023-10-06$32.81$33.0017.7%5.3%17.6%13.0%16.7%5.2%-0.3%-11.4M211.1M-1.1M833.7552.97N/AN/A43,33556,719294,196
2023-10-09$33.13$33.0019.8%5.6%17.5%17.8%18.1%5.0%-0.0%-11.0M185.5M-1.1M2.7659.41N/AN/A3810556,721297,001
2023-10-10$33.44$33.0019.6%5.5%17.9%17.3%18.7%5.0%-0.1%-9.7M154.1M-995.6K9.0074.23N/AN/A109056,742291,362
2023-10-11$33.66$33.0017.3%5.0%18.1%12.1%17.9%4.8%0.5%-9.2M138.9M-983.4K0.5674.15N/AN/A814556,747291,438
2023-10-12$33.20$33.0017.7%5.1%16.9%12.9%18.5%4.8%1.3%-10.2M167.0M-950.6K0.6972.86N/AN/A161156,790291,462
2023-10-13$33.16$33.0019.7%5.6%16.9%17.5%20.2%6.1%0.2%-11.3M189.5M-1.1M1.3972.18N/AN/A18325456,803291,469
2023-10-16$33.59$33.0016.8%4.8%17.8%10.9%20.4%5.5%0.6%-11.0M159.3M-1.1M0.0070.91N/AN/A06756,884291,550
2023-10-17$33.61$33.0016.3%4.7%17.7%9.8%18.6%4.2%1.2%-9.4M144.1M-967.2K0.3774.06N/AN/A50718656,884291,559
2023-10-18$33.03$33.0020.2%5.8%18.6%18.6%20.2%6.0%0.1%-11.9M191.2M-1.1M1.1567.51N/AN/A485557,320291,719
2023-10-19$32.81$33.0020.0%5.7%17.4%18.3%18.6%6.5%0.7%-11.7M198.7M-1.0M4.2080.35N/AN/A52157,365291,711
2023-10-20$32.52$33.0019.4%5.6%17.6%17.0%18.9%6.0%1.9%-10.3M225.0M-1.1M2.5875.46N/AN/A123157,467291,727
2023-10-23$32.45$33.0021.2%6.1%17.5%21.0%19.5%5.7%1.3%-11.2M218.2M-966.6K24.5071.63N/AN/A614757,012286,425
2023-10-24$32.22$33.0020.6%5.9%17.1%19.7%21.0%5.0%0.6%-10.2M241.8M-843.9K1.8967.91N/AN/A12824257,013286,516
2023-10-25$31.99$33.0021.1%6.1%17.0%20.8%20.8%6.2%-0.2%-10.2M242.8M-960.2K1.2970.82N/AN/A19525257,039286,489
2023-10-26$31.82$33.0021.0%6.0%16.2%27.8%17.5%6.8%-0.9%-10.2M247.9M-1.0M2.1775.52N/AN/A296357,170286,686
2023-10-27$31.45$33.0022.7%6.5%16.4%33.0%24.1%5.6%0.6%-10.4M268.3M-802.1K17.6968.03N/AN/A1628357,175286,689
2023-10-30$31.82$33.0020.9%6.0%14.9%27.3%20.8%4.9%-0.8%-10.0M252.3M-809.7K7.1574.90N/AN/A2014357,181286,770
2023-10-31$31.70$33.0019.3%5.5%14.4%22.4%23.2%3.7%-0.8%-10.4M238.8M-851.7K0.6875.11N/AN/A15310457,194286,814