EWC Options History — November 2024

In November 2024, EWC traded between $40.70 and $43.22. ATM implied volatility averaged 17.1%, placing in the 31.4% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 6.1% (HV 20d: 11.0%). Max pain ranged from $38.00 to $40.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 80.24.

Notable Days

2024-11-20: Highest Volume — 13,663 contracts
2024-11-18: Largest IV spike — 70.2% change
2024-11-29: Highest IV Rank — 62.6%
2024-11-29: Largest Expected Move — 6.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$42.11	$40.70	$43.22	$40.70	$43.22
Max Pain	$38.10	$38.00	$40.00	$40.00	$38.00
ATM IV	17.1%	11.9%	24.1%	18.8%	24.1%
Expected Move	4.8%	3.6%	6.9%	5.4%	6.9%
HV 20d	11.0%	8.7%	12.4%	8.9%	11.1%
HV 60d	11.0%	10.7%	11.3%	10.9%	10.9%
IV Rank	31.4%	8.5%	62.6%	39.1%	62.6%
IV Percentile	59.4%	5.2%	98.8%	94.4%	98.8%
Term Structure	-0.9%	-11.0%	10.1%	-2.6%	3.2%
VWIV	16.7%	12.7%	26.5%	18.8%	12.9%
Skew 25d	8.0%	-7.3%	23.9%	-0.3%	16.7%
Skew 10d	16.8%	-2.3%	90.6%	1.8%	5.1%
Call IV 25d	12.1%	6.8%	18.5%	18.5%	9.8%
Put IV 25d	20.1%	8.7%	39.8%	18.2%	26.5%
Bid-Ask Spread %	113.66	82.51	137.42	100.88	135.34
Gamma HHI	0.51	0.43	0.59	0.44	0.56
Net GEX	-28.7M	-31.6M	-23.7M	-29.8M	-29.5M
Net DEX	45.2M	-26.4M	202.7M	202.7M	-26.4M
Net VEX	-2.4M	-2.9M	-2.1M	-2.9M	-2.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	80.24	0.05	909.87	2.43	0.21
Total Volume	1,685.35	21	13,663	635	34
Total OI	437,712.95	423,854	447,833	435,021	447,833

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-11-01	$40.70	$40.00	18.8%	5.4%	8.9%	39.1%	18.8%	-0.3%	-2.6%	-29.8M	202.7M	-2.9M	2.43	100.88	N/A	N/A	185	450	81,931	353,090
2024-11-04	$40.91	$38.00	21.1%	5.0%	8.7%	48.9%	16.6%	5.4%	-1.6%	-29.9M	184.9M	-2.8M	11.95	82.51	N/A	N/A	60	717	82,073	353,491
2024-11-05	$41.30	$38.00	19.8%	4.6%	9.4%	43.4%	0.0%	4.0%	-1.1%	-30.0M	143.1M	-2.8M	1.41	88.09	N/A	N/A	22	31	82,126	354,214
2024-11-06	$41.54	$38.00	11.9%	3.9%	9.6%	8.5%	12.7%	6.0%	-0.5%	-31.1M	97.7M	-2.6M	5.00	90.87	N/A	N/A	16	80	82,140	354,345
2024-11-07	$42.16	$38.00	12.6%	4.1%	10.9%	11.4%	13.9%	2.2%	-1.3%	-28.5M	10.3M	-2.4M	5.00	110.29	N/A	N/A	12	60	82,140	354,425
2024-11-08	$41.77	$38.00	12.9%	3.6%	11.2%	12.7%	14.2%	3.9%	0.6%	-29.3M	46.1M	-2.4M	0.05	103.97	N/A	N/A	85	4	82,148	354,485
2024-11-11	$41.91	$38.00	13.4%	3.6%	11.2%	14.9%	14.9%	2.8%	-0.2%	-30.2M	6.5M	-2.2M	0.77	100.36	N/A	N/A	39	30	82,227	354,487
2024-11-12	$42.13	$38.00	15.2%	3.9%	11.1%	22.9%	13.5%	4.3%	-1.7%	-29.7M	4.9M	-2.3M	0.10	105.86	N/A	N/A	21	2	82,234	354,517
2024-11-13	$42.14	$38.00	12.4%	3.6%	10.7%	10.5%	0.0%	12.7%	-0.6%	-28.9M	-715.3K	-2.3M	0.00	115.00	N/A	N/A	0	63	82,573	354,518
2024-11-14	$42.08	$38.00	12.9%	3.7%	10.7%	12.6%	12.8%	1.9%	-0.3%	-30.0M	-8.0M	-2.2M	1.27	106.04	N/A	N/A	2,062	2,613	82,573	354,581
2024-11-15	$41.66	$38.00	12.8%	3.7%	11.2%	12.1%	13.1%	2.8%	-5.9%	-31.6M	44.2M	-2.3M	6.46	99.93	N/A	N/A	13	84	84,631	356,884
2024-11-18	$42.00	$38.00	21.7%	6.2%	11.4%	51.9%	22.5%	9.6%	-4.9%	-25.3M	83.3M	-2.5M	2.12	128.51	N/A	N/A	135	286	75,788	348,066
2024-11-19	$42.17	$38.00	14.0%	4.0%	11.4%	17.8%	0.0%	18.4%	-2.0%	-30.0M	61.3M	-2.4M	0.00	123.59	N/A	N/A	0	126	75,805	348,320
2024-11-20	$42.17	$38.00	14.5%	4.2%	11.1%	19.9%	14.7%	3.1%	-7.1%	-30.6M	30.2M	-2.2M	909.87	117.03	N/A	N/A	15	13,648	75,805	348,441
2024-11-21	$42.88	$38.00	20.6%	5.9%	12.3%	47.0%	23.7%	18.8%	8.7%	-25.3M	18.8M	-2.4M	403.48	137.42	N/A	N/A	25	10,087	75,820	361,656
2024-11-22	$42.95	$38.00	22.1%	6.3%	12.1%	53.8%	18.9%	-7.3%	-8.4%	-28.4M	-17.8M	-2.2M	0.06	130.42	N/A	N/A	256	15	75,824	371,702
2024-11-25	$43.00	$38.00	23.2%	6.7%	12.1%	58.4%	26.5%	23.9%	-11.0%	-23.7M	-3.8M	-2.3M	0.98	134.52	N/A	N/A	942	925	76,077	371,717
2024-11-26	$42.66	$38.00	23.5%	6.7%	12.4%	59.7%	18.3%	17.8%	10.1%	-27.2M	25.6M	-2.4M	0.00	135.22	N/A	N/A	0	21	76,060	371,717
2024-11-27	$42.84	$38.00	14.4%	4.1%	12.4%	19.3%	12.9%	13.7%	8.9%	-25.9M	462.7K	-2.3M	12.92	127.44	N/A	N/A	39	504	76,060	371,735
2024-11-29	$43.22	$38.00	24.1%	6.9%	11.1%	62.6%	0.0%	16.7%	3.2%	-29.5M	-26.4M	-2.1M	0.21	135.34	N/A	N/A	28	6	76,099	371,734