EWC Options History — May 2024

In May 2024, EWC traded between $37.08 and $38.64. ATM implied volatility averaged 14.2%, placing in the 12.2% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded above realized volatility by 1.9% (HV 20d: 12.2%). Max pain ranged from $37.00 to $37.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 15.66.

Notable Days

  • 2024-05-23: Highest Volume — 4,150 contracts
  • 2024-05-13: Largest IV spike — 29.0% change
  • 2024-05-14: Highest IV Rank — 27.4%
  • 2024-05-02: Largest Expected Move — 4.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.01$37.08$38.64$37.08$37.95
Max Pain$37.00$37.00$37.00$37.00$37.00
ATM IV14.2%12.5%18.1%16.8%13.4%
Expected Move4.0%3.6%4.9%4.8%3.8%
HV 20d12.2%10.6%13.9%12.8%13.5%
HV 60d12.5%11.3%14.5%14.2%12.5%
IV Rank12.2%5.8%27.4%22.2%9.3%
IV Percentile24.6%1.2%87.3%74.6%9.5%
Term Structure1.1%-1.4%9.8%-0.1%0.5%
VWIV15.1%11.5%27.2%16.7%14.1%
Skew 25d3.4%1.7%6.7%2.3%3.0%
Skew 10d6.1%1.4%13.9%2.6%10.3%
Call IV 25d12.3%10.4%16.1%16.1%13.2%
Put IV 25d15.7%14.3%18.4%18.4%16.1%
Bid-Ask Spread %79.4659.2988.0886.3984.49
Gamma HHI0.340.210.570.240.49
Net GEX-2.3M-3.7M-1.4M-3.0M-3.4M
Net DEX10.4M2.8M24.5M22.2M12.9M
Net VEX-181.7K-403.9K-55.7K-150.1K-397.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio15.660.88101.8020.551.00
Total Volume418.59194,150668136
Total OI34,410.36417,83252,13435,21552,134

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$37.08$37.0016.8%4.8%12.8%22.2%16.7%2.3%-0.1%-3.0M22.2M-150.1K20.5586.39N/AN/A316377,61627,599
2024-05-02$37.31$37.0016.9%4.9%12.9%22.7%16.4%3.6%-0.1%-2.5M19.0M-142.9K9.1880.98N/AN/A222027,60927,151
2024-05-03$37.55$37.0012.8%3.7%12.9%6.8%11.5%5.2%2.4%-2.5M15.4M-91.9K0.8887.51N/AN/A51453,33022,907
2024-05-06$38.08$37.0013.9%4.4%13.9%11.3%17.1%6.7%-0.0%-2.0M10.4M-88.8K3.8977.91N/AN/A281093,37322,906
2024-05-07$38.02$37.0014.3%4.2%13.9%12.7%0.0%3.0%1.0%-2.1M10.1M-83.9K7.7559.29N/AN/A4313,36022,993
2024-05-08$37.86$37.0014.5%4.2%13.1%13.6%15.3%3.5%1.0%-2.2M10.3M-76.2K101.8068.89N/AN/A101,0183,36022,983
2024-05-09$38.28$37.0013.7%4.2%13.6%10.2%15.5%3.4%0.8%-1.8M5.6M-68.9K9.7668.71N/AN/A706833,36623,607
2024-05-10$38.20$37.0013.7%4.0%11.9%10.5%13.1%3.5%0.9%-1.9M8.0M-77.8K7.1166.34N/AN/A9643,40723,839
2024-05-13$38.09$37.0017.7%4.1%11.5%25.7%27.2%4.0%0.9%-2.1M8.8M-74.9K8.7565.89N/AN/A4353,40523,841
2024-05-14$38.11$37.0018.1%4.2%11.3%27.4%0.0%3.6%4.3%-2.1M6.9M-68.5K3.5088.08N/AN/A273,40823,819
2024-05-15$38.30$37.0013.8%4.0%11.3%10.9%0.0%2.9%0.8%-1.8M4.0M-62.1K0.0075.44N/AN/A0103,40823,815
2024-05-16$38.25$37.0013.5%3.9%11.4%9.8%17.3%2.8%9.8%-2.2M5.1M-63.7K4.7580.10N/AN/A16763,40823,825
2024-05-17$38.56$37.0012.6%3.6%11.5%6.2%13.0%2.9%0.6%-1.7M2.8M-59.3K1.8180.42N/AN/A27493,41223,810
2024-05-20$38.64$37.0012.7%3.6%11.1%6.4%12.8%2.6%1.1%-1.5M10.0M-56.3K1.2281.17N/AN/A23281,26516,567
2024-05-21$38.52$37.0012.5%3.6%10.8%5.8%13.3%2.8%0.7%-1.4M10.1M-55.7K16.5082.47N/AN/A4661,27616,578
2024-05-22$38.16$37.0013.7%3.9%10.6%10.5%12.3%3.2%-1.4%-1.6M3.5M-386.6K1.8380.66N/AN/A61116,28031,589
2024-05-23$37.78$37.0012.7%3.6%11.2%6.5%14.0%3.3%0.8%-1.8M8.5M-391.2K97.8187.23N/AN/A424,10816,28331,590
2024-05-24$38.20$37.0012.6%3.6%11.8%6.2%12.6%2.8%0.1%-2.7M7.0M-403.9K5.6386.94N/AN/A84516,30435,624
2024-05-28$38.16$37.0013.2%3.8%11.8%8.6%16.3%3.5%0.1%-2.9M7.5M-396.4K1.1287.39N/AN/A424716,31135,620
2024-05-29$37.36$37.0014.4%4.1%13.1%13.0%14.0%4.4%-0.5%-3.7M24.5M-399.4K22.8584.31N/AN/A531,21116,34035,662
2024-05-30$37.69$37.0014.3%4.1%13.4%12.6%14.6%1.7%-0.3%-3.3M16.9M-401.8K1.0787.43N/AN/A677216,36935,679
2024-05-31$37.95$37.0013.4%3.8%13.5%9.3%14.1%3.0%0.5%-3.4M12.9M-397.5K1.0084.49N/AN/A686816,41635,718