EWC Options History — August 2024

In August 2024, EWC traded between $36.50 and $40.38. ATM implied volatility averaged 17.1%, placing in the 33.4% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded below realized volatility by 1.3% (HV 20d: 18.4%). Max pain ranged from $37.00 to $40.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 61.18.

Notable Days

  • 2024-08-15: Highest Volume — 30,132 contracts
  • 2024-08-14: Largest IV drop — 40.0% change
  • 2024-08-05: Highest IV Rank — 100.0%
  • 2024-08-05: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.83$36.50$40.38$38.05$40.34
Max Pain$39.73$37.00$40.00$37.00$40.00
ATM IV17.1%11.4%32.6%18.5%12.2%
Expected Move4.6%3.3%8.4%5.3%3.5%
HV 20d18.4%13.6%19.9%14.2%13.6%
HV 60d15.2%13.4%15.8%13.4%15.0%
IV Rank33.4%6.1%100.0%55.6%9.8%
IV Percentile50.3%2.0%100.0%90.5%6.0%
Term Structure1.1%-2.6%7.1%-1.4%0.0%
VWIV15.0%12.0%22.6%21.8%12.6%
Skew 25d5.2%2.2%23.8%4.9%4.6%
Skew 10d10.8%5.4%22.3%12.0%11.5%
Call IV 25d14.1%9.4%23.7%15.3%9.9%
Put IV 25d19.2%13.4%47.5%20.2%14.5%
Bid-Ask Spread %81.4374.5695.3486.2981.79
Gamma HHI0.240.190.340.250.23
Net GEX-8.8M-12.6M-7.4M-9.0M-8.4M
Net DEX20.3M-68.4M165.1M94.7M-53.3M
Net VEX-2.0M-2.3M-1.7M-2.2M-2.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio61.180.33885.248.628.30
Total Volume2,543.3641230,13212512,771
Total OI270,923.227244,456293,529244,726293,529

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$38.05$37.0018.5%5.3%14.2%55.6%0.0%4.9%-1.4%-9.0M94.7M-2.2M8.6286.29N/AN/A1311255,733188,993
2024-08-02$37.11$37.0023.6%6.8%16.8%88.5%21.8%4.1%-2.2%-9.2M150.6M-2.2M56.3788.05N/AN/A301,69155,745189,026
2024-08-05$36.50$40.0032.6%8.4%17.7%100.0%22.6%23.8%4.3%-8.5M165.1M-2.2M105.6977.26N/AN/A131,37455,760188,696
2024-08-06$37.14$40.0021.4%5.9%18.9%50.4%16.7%7.0%4.8%-8.0M113.4M-2.3M22.5090.42N/AN/A24568,259187,801
2024-08-07$37.11$40.0024.6%5.9%18.1%64.9%13.4%6.9%4.6%-7.4M114.7M-2.3M17.0078.33N/AN/A610268,262187,801
2024-08-08$37.72$40.0018.7%5.2%18.8%38.7%12.5%2.5%-2.6%-8.4M92.7M-2.2M12.0095.34N/AN/A44868,263187,903
2024-08-09$37.78$40.0018.6%4.5%18.7%38.2%17.5%2.9%7.1%-8.0M81.5M-2.2M0.4393.37N/AN/A21968,266187,897
2024-08-12$37.91$40.0024.2%4.7%18.8%62.9%18.8%5.6%5.2%-7.9M70.8M-2.2M54.4679.27N/AN/A462,50568,275187,900
2024-08-13$38.39$40.0022.3%4.7%19.0%54.3%14.1%4.0%-0.6%-8.3M40.0M-2.1M0.3377.41N/AN/A521768,311189,819
2024-08-14$38.58$40.0013.4%3.8%19.0%14.8%13.9%3.0%2.4%-8.2M21.5M-2.0M0.5079.06N/AN/A8468,333189,823
2024-08-15$39.13$40.0012.8%3.7%19.4%12.4%13.0%2.6%-1.5%-7.7M-17.4M-2.0M885.2480.96N/AN/A3430,09868,330189,819
2024-08-16$39.28$40.0013.4%3.8%19.4%14.8%13.2%3.7%1.9%-12.6M-60.8M-1.7M1.2579.31N/AN/A617668,337219,918
2024-08-19$39.52$40.0011.4%3.3%19.4%6.1%12.0%2.2%1.3%-9.3M-25.1M-2.0M1.7977.35N/AN/A142567,592219,555
2024-08-20$39.45$40.0013.1%3.7%19.3%13.6%12.2%4.2%0.7%-9.4M-13.0M-2.1M85.0078.03N/AN/A18567,592219,567
2024-08-21$39.61$40.0012.5%3.6%19.0%11.1%14.4%3.9%0.5%-9.9M-24.8M-2.0M9.2977.62N/AN/A76567,592219,562
2024-08-22$39.45$40.0015.0%4.3%19.1%22.0%16.5%4.3%-0.3%-9.6M-11.6M-2.1M5.2574.56N/AN/A84267,598219,538
2024-08-23$40.16$40.0013.4%3.8%19.9%14.8%14.0%6.1%0.2%-8.9M-49.6M-1.9M2.1878.80N/AN/A337267,595219,539
2024-08-26$40.38$40.0013.9%4.0%19.8%17.0%13.8%3.5%-0.5%-8.4M-68.4M-1.8M2.7979.84N/AN/A143967,619219,567
2024-08-27$40.36$40.0013.7%3.9%19.9%16.1%14.8%6.6%-0.3%-8.5M-63.9M-1.8M65.0077.99N/AN/A16567,622219,566
2024-08-28$40.09$40.0013.4%3.9%19.5%15.2%13.5%3.6%0.6%-9.0M-46.2M-1.9M1.0078.07N/AN/A2,5052,50767,622219,576
2024-08-29$40.27$40.0013.3%3.8%17.1%14.6%13.2%4.3%-0.4%-8.7M-65.4M-1.9M1.0282.24N/AN/A65967070,127222,083
2024-08-30$40.34$40.0012.2%3.5%13.6%9.8%12.6%4.6%0.0%-8.4M-53.3M-2.0M8.3081.79N/AN/A1,37311,39870,777222,752