EWC Options History — November 2023

In November 2023, EWC traded between $32.06 and $34.92. ATM implied volatility averaged 15.5%, placing in the 10.8% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded below realized volatility by 4.0% (HV 20d: 19.5%). Max pain ranged from $33.00 to $33.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 4.15.

Notable Days

  • 2023-11-28: Highest Volume — 25,747 contracts
  • 2023-11-07: Largest IV spike — 15.7% change
  • 2023-11-01: Highest IV Rank — 21.9%
  • 2023-11-01: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.94$32.06$34.92$32.06$34.92
Max Pain$33.00$33.00$33.00$33.00$33.00
ATM IV15.5%13.4%19.1%19.1%15.7%
Expected Move4.5%3.8%5.5%5.5%4.5%
HV 20d19.5%15.1%21.3%15.1%17.9%
HV 60d17.2%15.2%17.7%15.2%17.0%
IV Rank10.8%4.5%21.9%21.9%11.4%
IV Percentile23.0%3.2%60.3%60.3%27.0%
Term Structure0.2%-1.6%0.8%-1.6%-0.3%
VWIV15.7%13.6%18.9%16.9%15.7%
Skew 25d3.3%1.4%4.9%4.2%2.1%
Skew 10d5.8%0.2%9.4%7.0%4.8%
Call IV 25d14.0%12.9%17.1%17.1%15.6%
Put IV 25d17.4%14.5%21.2%21.2%17.7%
Bid-Ask Spread %69.2516.5796.7856.4767.26
Gamma HHI0.330.150.460.150.34
Net GEX-9.4M-10.7M-4.5M-10.1M-10.5M
Net DEX115.8M22.2M232.9M232.9M49.6M
Net VEX-644.5K-836.5K-558.9K-568.0K-558.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.150.0026.002.511.05
Total Volume1,756.905025,747144160
Total OI345,403.857343,633364,852344,182345,650

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$32.06$33.0019.1%5.5%15.1%21.9%16.9%4.2%-1.6%-10.1M232.9M-568.0K2.5156.47N/AN/A4110357,341286,841
2023-11-02$33.30$33.0016.1%4.9%20.2%12.8%18.9%4.5%0.8%-8.9M155.8M-725.1K3.6778.97N/AN/A16359957,379286,860
2023-11-03$33.84$33.0014.5%4.6%20.6%7.8%17.8%4.2%0.7%-9.7M128.0M-836.5K0.3367.98N/AN/A50116457,516286,758
2023-11-06$33.59$33.0014.9%4.5%20.6%8.9%18.6%4.9%0.8%-8.5M134.2M-731.2K0.6660.77N/AN/A352357,997286,741
2023-11-07$33.25$33.0017.2%4.7%20.7%16.0%16.0%3.8%0.5%-9.5M178.0M-704.9K2.0937.34N/AN/A112357,996286,738
2023-11-08$33.09$33.0016.1%4.6%20.6%12.6%14.6%3.6%0.4%-9.7M186.1M-690.4K0.2850.77N/AN/A18558,003286,739
2023-11-09$33.16$33.0016.4%4.7%20.0%13.6%17.3%3.7%0.6%-9.2M174.1M-681.0K13.6051.85N/AN/A56858,014286,746
2023-11-10$33.28$33.0015.9%4.6%20.1%12.2%14.9%3.6%0.6%-8.5M165.2M-618.9K1.3867.93N/AN/A131858,014286,756
2023-11-13$33.47$33.0016.6%4.8%19.6%14.2%14.9%4.7%0.2%-9.1M147.4M-652.4K1.8082.69N/AN/A5958,014286,750
2023-11-14$34.25$33.0014.8%4.3%21.3%8.8%13.9%2.8%0.7%-9.1M95.2M-670.7K0.3486.74N/AN/A2277858,015286,758
2023-11-15$34.27$33.0015.3%4.4%20.2%10.2%15.7%3.3%0.7%-9.7M93.0M-650.7K11.5016.57N/AN/A89258,010286,760
2023-11-16$34.09$33.0015.4%4.4%20.1%10.4%14.6%4.1%0.2%-9.6M113.9M-691.0K0.2182.04N/AN/A19458,012286,758
2023-11-17$34.45$33.0015.0%4.3%19.9%9.3%14.7%2.7%-0.2%-10.5M84.5M-628.0K6.6876.02N/AN/A4127458,013286,767
2023-11-20$34.58$33.0013.4%3.8%19.8%4.5%13.7%3.3%-0.0%-9.8M73.0M-594.9K1.4164.50N/AN/A12317357,268286,365
2023-11-21$34.41$33.0015.1%4.3%19.7%9.7%16.4%2.9%0.8%-9.4M82.5M-621.2K26.0067.81N/AN/A25257,264286,511
2023-11-22$34.42$33.0016.1%4.6%19.3%12.5%17.3%3.9%-0.7%-10.2M83.7M-573.1K9.4096.78N/AN/A54757,264286,521
2023-11-24$34.61$33.0014.5%4.2%19.0%7.9%13.6%1.4%0.2%-10.6M70.4M-569.9K0.0085.56N/AN/A53057,269286,531
2023-11-27$34.47$33.0014.6%4.2%18.4%8.0%0.0%2.3%0.6%-10.7M84.4M-560.2K0.0087.30N/AN/A0057,314286,531
2023-11-28$34.56$33.0014.1%4.0%18.2%6.6%14.3%1.7%-0.2%-10.4M78.2M-562.0K0.0075.14N/AN/A25,7064157,314286,531
2023-11-29$34.61$33.0014.4%4.1%18.0%7.6%14.1%2.0%-0.3%-4.5M22.2M-646.1K0.0093.71N/AN/A7,9701678,346286,506
2023-11-30$34.92$33.0015.7%4.5%17.9%11.4%15.7%2.1%-0.3%-10.5M49.6M-558.9K1.0567.26N/AN/A788259,128286,522