EWC Options History — March 2024

In March 2024, EWC traded between $36.94 and $38.34. ATM implied volatility averaged 14.2%, placing in the 9.7% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded below realized volatility by 0.1% (HV 20d: 14.3%). Max pain ranged from $35.00 to $36.00. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 20.33.

Notable Days

  • 2024-03-13: Highest Volume — 10,090 contracts
  • 2024-03-11: Largest IV spike — 28.5% change
  • 2024-03-11: Highest IV Rank — 23.7%
  • 2024-03-14: Largest Expected Move — 4.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.74$36.94$38.34$37.11$38.34
Max Pain$35.45$35.00$36.00$35.00$36.00
ATM IV14.2%11.0%17.9%13.2%13.1%
Expected Move4.0%3.1%4.3%3.8%3.7%
HV 20d14.3%10.7%18.6%18.6%11.4%
HV 60d14.8%13.8%15.9%15.6%13.8%
IV Rank9.7%0.0%23.7%5.0%8.0%
IV Percentile22.6%0.0%76.6%3.6%4.0%
Term Structure1.3%0.0%3.7%0.6%0.9%
VWIV14.6%12.5%20.3%13.5%12.9%
Skew 25d2.3%-0.1%3.2%2.1%2.6%
Skew 10d5.1%-0.6%7.4%4.1%6.3%
Call IV 25d13.2%11.9%14.3%12.7%11.9%
Put IV 25d15.5%12.8%17.0%14.8%14.5%
Bid-Ask Spread %74.7469.1586.5277.4077.96
Gamma HHI0.480.230.700.670.44
Net GEX386.8K-1.5M3.6M3.2M-1.0M
Net DEX-21.4M-52.2M9.9M-41.0M6.2M
Net VEX-46.4K-73.4K-13.2K-38.3K-55.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio20.330.00203.000.533.00
Total Volume620.95010,0901824
Total OI21,830.4512,68337,62027,03112,888

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$37.11$35.0013.2%3.8%18.6%5.0%13.5%2.1%0.6%3.2M-41.0M-38.3K0.5377.40N/AN/A1196314,10612,925
2024-03-04$37.05$35.0014.3%4.0%18.4%9.3%0.0%2.5%1.7%3.3M-41.6M-35.2K0.0072.36N/AN/A01114,18912,975
2024-03-05$36.94$35.0016.4%4.2%17.7%17.4%0.0%2.6%1.9%3.6M-38.7M-37.9K0.0169.75N/AN/A159114,18912,976
2024-03-06$37.28$35.0016.4%4.2%17.9%17.6%0.0%3.0%1.0%3.0M-43.7M-29.9K1.5075.21N/AN/A2314,31812,977
2024-03-07$37.81$35.0015.0%4.0%18.4%12.0%14.7%2.5%0.6%1.3M-50.1M-17.1K0.0075.07N/AN/A167014,32012,977
2024-03-08$37.59$35.0014.0%4.1%18.6%7.9%0.0%3.0%0.8%2.1M-48.3M-20.4K203.0071.44N/AN/A120314,35912,977
2024-03-11$37.72$35.0017.9%4.2%18.6%23.7%20.3%3.1%0.8%1.2M-49.7M-17.9K19.2569.15N/AN/A47714,36013,174
2024-03-12$37.83$35.0014.9%4.0%18.6%11.6%15.0%2.7%2.1%290.7K-51.4M-13.7K0.0072.97N/AN/A1,103114,36213,210
2024-03-13$38.16$35.0014.0%4.0%13.0%8.2%13.7%1.2%1.7%178.9K-52.2M-13.2K112.3775.75N/AN/A8910,00114,36013,211
2024-03-14$37.69$35.0015.0%4.3%13.1%12.3%15.9%2.5%0.8%-986.4K-41.4M-72.3K0.0880.22N/AN/A1251014,40923,211
2024-03-15$37.77$35.0014.2%4.1%10.9%9.0%14.5%1.8%1.4%853.1K-39.0M-72.0K0.2686.52N/AN/A391014,34523,217
2024-03-18$37.75$36.0014.7%4.2%10.8%10.7%14.7%3.2%2.9%-1.1M9.9M-73.4K1.5671.80N/AN/A253973011,953
2024-03-19$37.72$36.0014.4%4.1%10.7%9.8%13.8%2.6%0.3%-1.2M9.4M-70.2K3.2673.67N/AN/A237574011,992
2024-03-20$38.22$36.0013.8%3.9%11.4%7.2%13.0%2.5%0.0%-1.0M7.5M-65.7K0.7972.58N/AN/A141176012,067
2024-03-21$38.28$36.0013.7%3.9%10.9%7.0%0.0%1.9%0.9%-1.0M6.6M-58.3K0.0074.45N/AN/A2077212,076
2024-03-22$37.83$36.0013.0%3.7%11.9%4.1%12.5%2.4%1.3%-1.2M8.3M-65.7K0.0073.66N/AN/A14077412,077
2024-03-25$37.88$36.0011.0%3.1%11.8%0.0%0.0%-0.1%3.7%-1.1M7.5M-59.5K0.0075.91N/AN/A02078612,077
2024-03-26$37.84$36.0012.7%3.6%11.6%6.6%0.0%1.7%1.4%-1.5M7.3M-52.2K0.0074.57N/AN/A0078712,097
2024-03-27$38.05$36.0012.9%3.7%11.4%7.2%12.9%2.6%1.2%-1.1M7.4M-58.7K0.0074.29N/AN/A4078912,097
2024-03-28$38.34$36.0013.1%3.7%11.4%8.0%0.0%2.6%0.9%-1.0M6.2M-55.8K3.0077.96N/AN/A1379112,097