EWC Options History — May 2025

In May 2025, EWC traded between $42.47 and $44.91. ATM implied volatility averaged 15.4%, placing in the 14.6% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded below realized volatility by 0.1% (HV 20d: 15.5%). Max pain ranged from $40.00 to $42.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 37.57.

Notable Days

  • 2025-05-23: Highest Volume — 23,827 contracts
  • 2025-05-14: Largest IV drop — 16.3% change
  • 2025-05-01: Highest IV Rank — 26.2%
  • 2025-05-01: Largest Expected Move — 5.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.67$42.47$44.91$42.47$44.91
Max Pain$41.81$40.00$42.00$40.00$42.00
ATM IV15.4%12.7%20.1%20.1%13.1%
Expected Move4.4%3.6%5.8%5.8%3.8%
HV 20d15.5%6.0%40.5%40.5%6.6%
HV 60d26.4%25.6%26.7%26.7%25.6%
IV Rank14.6%7.6%26.2%26.2%8.8%
IV Percentile47.8%15.5%84.5%84.5%21.4%
Term Structure-0.2%-6.8%2.1%-0.0%-0.1%
VWIV17.0%13.2%25.2%20.1%14.5%
Skew 25d5.1%2.7%7.8%6.0%4.8%
Skew 10d11.9%5.3%18.2%14.9%8.2%
Call IV 25d13.0%10.7%16.8%16.8%11.6%
Put IV 25d18.2%14.2%22.9%22.9%16.4%
Bid-Ask Spread %80.7274.1186.6975.2786.33
Gamma HHI0.150.130.160.130.15
Net GEX-11.6M-14.1M-7.5M-14.1M-8.0M
Net DEX124.3M46.8M196.7M196.7M50.7M
Net VEX-3.8M-4.0M-3.5M-3.9M-3.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio37.570.02230.953.280.86
Total Volume3,526.90513823,827411232
Total OI385,014.095374,153401,342374,153391,191

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-05-01$42.47$40.0020.1%5.8%40.5%26.2%20.1%6.0%-0.0%-14.1M196.7M-3.9M3.2875.27N/AN/A9631552,838321,315
2025-05-02$42.80$40.0017.0%4.9%39.6%18.4%19.2%4.4%0.7%-12.8M171.5M-3.9M230.9578.00N/AN/A7417,09052,839321,626
2025-05-05$42.72$42.0018.2%5.0%34.4%21.4%16.8%7.8%1.0%-13.5M185.9M-4.0M3.6676.41N/AN/A4115052,844336,160
2025-05-06$42.80$42.0018.3%5.1%32.9%21.7%19.7%7.6%0.7%-13.4M174.7M-3.9M0.7174.11N/AN/A22416052,813326,664
2025-05-07$42.88$42.0018.0%5.0%31.0%21.0%23.1%4.9%0.6%-12.6M158.1M-3.8M197.6885.76N/AN/A418,10552,921326,735
2025-05-08$42.86$42.0015.6%4.8%20.2%15.0%16.2%6.1%1.2%-13.4M169.3M-3.8M0.2577.24N/AN/A50612552,936334,346
2025-05-09$42.78$42.0016.5%4.8%16.1%17.2%25.2%5.6%1.0%-13.9M177.2M-4.0M5.8278.73N/AN/A5733252,983334,397
2025-05-12$43.07$42.0016.5%4.4%10.6%17.1%16.4%5.9%1.2%-13.1M142.7M-3.7M7.1180.76N/AN/A11481053,063334,339
2025-05-13$43.45$42.0017.7%4.2%9.8%20.2%17.6%5.7%1.0%-12.0M122.5M-3.6M0.6178.61N/AN/A1589753,064334,856
2025-05-14$43.42$42.0014.8%4.2%9.8%13.0%16.6%5.3%2.1%-12.2M138.5M-3.8M8.5583.65N/AN/A3643,11353,154334,830
2025-05-15$43.80$42.0012.7%3.6%9.9%7.6%15.5%4.6%-4.9%-11.4M112.4M-3.7M179.4183.36N/AN/A519,15053,147335,425
2025-05-16$43.89$42.0012.7%3.6%9.4%7.7%14.2%4.1%1.3%-11.3M107.7M-3.8M16.2084.99N/AN/A1572,54453,124344,212
2025-05-19$44.02$42.0013.3%3.8%8.2%9.2%14.6%4.4%0.4%-12.4M119.1M-3.7M0.5978.70N/AN/A985849,606327,116
2025-05-20$44.17$42.0013.7%3.9%6.7%10.2%16.0%5.3%0.2%-12.7M112.7M-3.7M7.9180.67N/AN/A6954649,638327,148
2025-05-21$44.08$42.0015.8%4.5%7.0%15.5%13.7%4.6%-2.7%-12.7M110.9M-3.5M0.0281.76N/AN/A2,7435049,700327,303
2025-05-22$44.06$42.0014.7%4.2%6.0%12.7%13.2%5.2%-6.8%-11.6M113.7M-3.7M0.0782.07N/AN/A1,1347851,944327,347
2025-05-23$44.48$42.0015.5%4.4%6.5%14.7%22.3%4.5%-0.7%-10.1M91.7M-3.6M114.6779.14N/AN/A20623,62153,016327,377
2025-05-27$44.89$42.0013.8%4.0%6.7%10.5%15.0%4.3%-0.1%-7.7M46.8M-3.8M0.6480.66N/AN/A58337462,997338,345
2025-05-28$44.80$42.0013.2%3.8%7.0%9.1%13.3%4.1%0.2%-7.5M58.6M-3.9M6.2582.14N/AN/A3622563,421327,525
2025-05-29$44.80$42.0013.2%3.8%6.7%8.9%14.1%2.7%0.2%-7.8M49.7M-3.8M3.7686.69N/AN/A2910963,429327,562
2025-05-30$44.91$42.0013.1%3.8%6.6%8.8%14.5%4.8%-0.1%-8.0M50.7M-3.8M0.8686.33N/AN/A12510763,438327,753