EWC Options History — February 2024

In February 2024, EWC traded between $35.25 and $37.00. ATM implied volatility averaged 14.2%, placing in the 8.8% IV rank vs the trailing year. The 30-day expected move averaged 4.1%. IV traded below realized volatility by 1.4% (HV 20d: 15.6%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 2.28.

Notable Days

  • 2024-02-07: Highest Volume — 1,009 contracts
  • 2024-02-14: Largest IV drop — 16.1% change
  • 2024-02-13: Highest IV Rank — 17.2%
  • 2024-02-13: Largest Expected Move — 4.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.42$35.25$37.00$36.59$36.77
Max Pain$35.00$35.00$35.00$35.00$35.00
ATM IV14.2%12.2%16.3%13.7%12.9%
Expected Move4.1%3.5%4.7%4.0%3.7%
HV 20d15.6%10.7%18.8%10.7%18.4%
HV 60d14.7%12.9%15.8%13.6%15.5%
IV Rank8.8%0.8%17.2%6.9%3.6%
IV Percentile16.5%0.4%50.0%5.6%2.0%
Term Structure0.7%-0.4%2.2%1.3%-0.0%
VWIV14.7%11.3%17.8%17.8%14.4%
Skew 25d2.8%1.3%4.9%3.8%1.8%
Skew 10d5.4%2.9%8.4%7.1%2.9%
Call IV 25d13.3%12.1%14.5%13.2%13.0%
Put IV 25d16.1%14.4%18.4%17.0%14.8%
Bid-Ask Spread %63.095.10108.0753.0888.89
Gamma HHI0.620.550.680.580.68
Net GEX3.0M2.3M4.0M2.3M4.0M
Net DEX-29.1M-39.6M-8.6M-29.6M-37.0M
Net VEX-75.9K-102.9K-46.3K-97.8K-46.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.280.0016.925.000.36
Total Volume125.1551,009245
Total OI27,070.4526,85927,63226,93227,026

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$36.59$35.0013.7%4.0%10.7%6.9%17.8%3.8%1.3%2.3M-29.6M-97.8K5.0053.08N/AN/A42014,44712,485
2024-02-02$36.34$35.0015.1%4.4%10.9%12.6%17.4%3.8%0.1%2.3M-26.7M-100.2K0.0025.76N/AN/A0914,45112,505
2024-02-05$35.86$35.0015.0%4.1%11.9%12.0%16.1%3.0%0.9%2.6M-20.0M-102.9K0.8639.47N/AN/A806914,45112,512
2024-02-06$36.09$35.0014.9%4.1%11.9%11.8%16.3%3.1%-0.1%2.8M-24.3M-96.3K1.0245.33N/AN/A585914,48312,580
2024-02-07$36.20$35.0014.0%4.0%11.7%8.1%14.1%2.3%1.4%2.9M-26.4M-91.4K0.0034.15N/AN/A1,006314,54112,610
2024-02-08$36.20$35.0014.1%4.1%11.6%8.6%13.0%2.8%1.2%2.9M-25.9M-90.4K0.0062.01N/AN/A22014,52812,613
2024-02-09$36.30$35.0013.8%4.0%11.5%7.4%13.0%2.1%1.8%3.2M-28.8M-86.1K0.5665.11N/AN/A9514,54112,613
2024-02-12$36.47$35.0014.8%4.2%11.6%11.3%13.7%2.3%0.9%3.0M-30.8M-79.6K0.005.10N/AN/A32014,54812,617
2024-02-13$35.25$35.0016.3%4.7%16.6%17.2%17.6%4.0%-0.3%2.5M-8.6M-90.0K3.2316.31N/AN/A227114,55712,617
2024-02-14$35.89$35.0013.7%3.9%17.2%6.8%16.3%4.0%2.2%3.4M-21.4M-88.3K16.9274.73N/AN/A1220314,55912,643
2024-02-15$36.70$35.0013.6%3.9%18.8%6.6%15.1%2.6%0.6%2.9M-34.8M-69.2K7.0373.23N/AN/A3021114,56612,841
2024-02-16$36.66$35.0013.5%3.9%18.4%6.2%13.7%4.9%2.1%2.8M-32.9M-72.6K0.23108.07N/AN/A1443314,58113,051
2024-02-20$36.53$35.0014.4%4.1%18.4%9.8%14.3%3.1%-0.1%3.0M-28.9M-71.0K0.0077.52N/AN/A42013,95412,905
2024-02-21$36.45$35.0016.0%4.6%18.3%16.2%14.2%3.3%-0.2%3.3M-28.7M-67.9K0.0674.14N/AN/A51313,96312,905
2024-02-22$36.86$35.0013.6%3.9%18.7%6.6%14.0%2.4%0.6%2.8M-33.9M-61.9K2.0073.12N/AN/A2414,01412,907
2024-02-23$37.00$35.0012.2%3.5%18.7%0.8%11.3%2.1%1.8%3.0M-39.6M-49.2K0.0081.22N/AN/A21013,98912,906
2024-02-26$36.91$35.0013.4%3.9%18.7%5.8%13.1%1.7%0.2%3.3M-37.4M-49.3K1.5082.64N/AN/A446613,99812,906
2024-02-27$36.75$35.0013.2%3.8%18.7%4.8%13.9%1.5%0.7%3.6M-35.4M-51.3K0.3684.44N/AN/A1154114,04112,935
2024-02-28$36.53$35.0015.0%4.3%18.7%12.0%14.4%1.3%-0.4%4.0M-31.7M-55.7K0.0097.47N/AN/A0714,10612,914
2024-02-29$36.77$35.0012.9%3.7%18.4%3.6%0.0%1.8%-0.0%4.0M-37.0M-46.3K0.0088.89N/AN/A0514,10612,920