EWC Options History — September 2024

In September 2024, EWC traded between $39.36 and $41.70. ATM implied volatility averaged 14.0%, placing in the 17.6% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded above realized volatility by 1.1% (HV 20d: 12.9%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 31.51.

Notable Days

  • 2024-09-27: Highest Volume — 25,131 contracts
  • 2024-09-11: Largest IV drop — 29.5% change
  • 2024-09-10: Highest IV Rank — 44.3%
  • 2024-09-06: Largest Expected Move — 4.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.60$39.36$41.70$39.72$41.39
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV14.0%11.2%20.0%15.0%14.1%
Expected Move3.9%3.2%4.9%4.3%4.0%
HV 20d12.9%12.1%13.6%13.4%12.7%
HV 60d14.9%14.6%15.3%15.3%14.6%
IV Rank17.6%5.1%44.3%22.0%18.0%
IV Percentile31.4%1.6%92.9%52.0%36.5%
Term Structure1.9%-1.0%9.8%-0.5%1.1%
VWIV14.5%9.4%16.7%15.1%9.4%
Skew 25d3.6%-2.4%6.2%5.5%3.6%
Skew 10d7.0%-0.5%12.5%11.8%5.4%
Call IV 25d12.5%10.7%13.8%13.7%11.6%
Put IV 25d16.1%9.0%19.6%19.2%15.2%
Bid-Ask Spread %81.2167.3499.8481.0798.09
Gamma HHI0.230.200.260.210.24
Net GEX-8.0M-10.7M-5.5M-9.8M-6.1M
Net DEX-74.1M-138.2M37.9M-21.3M-129.3M
Net VEX-1.8M-2.3M-1.5M-2.0M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio31.510.16259.711.18259.71
Total Volume3,173.954725,13116115,121
Total OI295,967.65285,564308,975297,042287,088

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$39.72$40.0015.0%4.3%13.4%22.0%15.1%5.5%-0.5%-9.8M-21.3M-2.0M1.1881.07N/AN/A748772,109224,933
2024-09-04$39.84$40.0015.6%4.5%12.5%24.8%15.7%4.0%-1.0%-9.7M-14.1M-2.1M0.7780.48N/AN/A25619772,160224,978
2024-09-05$39.80$40.0014.5%4.2%12.5%19.9%16.5%4.5%0.8%-10.1M-22.5M-2.0M208.4171.24N/AN/A5611,67172,409224,909
2024-09-06$39.36$40.0018.6%4.9%12.5%37.9%14.5%6.2%0.4%-10.7M37.9M-2.3M1.3372.13N/AN/A25133472,465236,510
2024-09-09$39.77$40.0016.0%4.2%12.9%26.4%14.6%5.4%1.1%-9.6M-21.0M-2.0M1.4776.86N/AN/A192872,698225,082
2024-09-10$39.47$40.0020.0%4.7%13.4%44.3%14.6%6.2%0.9%-10.3M3.9M-2.0M3.6174.01N/AN/A7527172,707225,067
2024-09-11$39.94$40.0014.1%4.0%13.3%18.2%16.7%4.6%2.0%-9.9M-34.5M-1.9M63.0073.58N/AN/A16372,771225,198
2024-09-12$40.39$40.0014.7%4.2%13.6%20.6%16.3%4.5%2.1%-8.7M-62.0M-1.9M33.4075.00N/AN/A516772,772225,159
2024-09-13$40.53$40.0012.5%3.6%12.9%10.9%16.5%3.3%1.8%-9.0M-74.7M-1.8M10.1774.60N/AN/A1818372,773225,134
2024-09-16$40.80$40.0013.1%3.7%13.0%13.5%15.6%4.1%2.8%-8.0M-90.5M-1.7M0.1667.34N/AN/A1,51924172,782225,187
2024-09-17$40.66$40.0013.4%3.9%13.0%15.1%16.0%4.1%1.2%-8.0M-84.8M-1.8M2.4275.51N/AN/A4811674,265225,247
2024-09-18$40.55$40.0013.2%3.8%13.1%14.2%15.4%4.7%1.9%-8.2M-79.1M-1.8M11.5788.61N/AN/A1416274,268225,227
2024-09-19$41.05$40.0012.8%3.7%13.6%12.2%13.0%2.7%9.8%-6.7M-109.5M-1.6M2.7980.68N/AN/A5314874,270225,226
2024-09-20$41.14$40.0012.4%3.5%13.4%10.5%12.0%2.6%2.4%-6.3M-118.8M-1.6M0.1976.60N/AN/A1603174,280225,293
2024-09-23$41.30$40.0012.7%3.6%12.1%11.6%11.8%3.0%2.1%-5.9M-123.7M-1.5M0.5187.74N/AN/A723773,888211,676
2024-09-24$41.70$40.0011.4%3.3%12.4%6.1%12.6%3.3%1.9%-5.5M-135.2M-1.5M0.9988.01N/AN/A2,3472,31673,959211,703
2024-09-25$41.41$40.0012.8%3.7%12.8%12.4%0.0%3.7%1.7%-5.6M-136.4M-1.5M26.4990.31N/AN/A782,06676,261214,018
2024-09-26$41.64$40.0011.2%3.2%12.5%5.1%9.4%-2.4%2.3%-5.9M-138.2M-1.5M1.0399.84N/AN/A313276,327216,084
2024-09-27$41.52$40.0011.7%3.4%12.5%7.5%0.0%-0.9%2.5%-6.1M-127.5M-1.6M1.0092.52N/AN/A12,57012,56176,356216,114
2024-09-30$41.39$40.0014.1%4.0%12.7%18.0%0.0%3.6%1.1%-6.1M-129.3M-1.5M259.7198.09N/AN/A5815,06375,925211,163