EWC Options History — December 2025

In December 2025, EWC traded between $52.16 and $54.77. ATM implied volatility averaged 12.9%, placing in the 9.7% IV rank vs the trailing year. The 30-day expected move averaged 3.6%. IV traded below realized volatility by 0.9% (HV 20d: 13.7%). Max pain ranged from $48.00 to $60.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 55.74.

Notable Days

  • 2025-12-15: Highest Volume — 40,905 contracts
  • 2025-12-10: Largest IV drop — 22.4% change
  • 2025-12-09: Highest IV Rank — 18.2%
  • 2025-12-01: Largest Expected Move — 4.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.59$52.16$54.77$52.27$54.03
Max Pain$51.82$48.00$60.00$52.00$54.00
ATM IV12.9%10.4%16.3%15.5%11.0%
Expected Move3.6%3.0%4.4%4.4%3.1%
HV 20d13.7%10.4%17.9%17.9%10.9%
HV 60d13.8%13.5%14.1%13.5%14.0%
IV Rank9.7%3.7%18.2%16.1%5.2%
IV Percentile28.7%1.2%71.0%63.1%5.2%
Term Structure1.1%-1.9%2.6%-1.9%0.3%
VWIV14.1%10.3%28.5%13.8%11.3%
Skew 25d2.3%0.2%4.4%4.4%2.1%
Skew 10d6.3%-4.8%26.9%8.6%-4.8%
Call IV 25d11.8%10.6%13.4%12.9%10.9%
Put IV 25d14.2%11.3%17.3%17.2%13.0%
Bid-Ask Spread %99.4895.32106.43106.4399.68
Gamma HHI0.130.110.200.130.12
Net GEX-9.1M-11.1M-7.6M-11.1M-9.5M
Net DEX-2.2M-78.7M54.6M29.8M15.3M
Net VEX-3.3M-3.9M-2.7M-3.7M-3.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio55.740.01707.281.12237.22
Total Volume6,314.2273840,90515926,204
Total OI468,179.409445,334481,601481,226456,288

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-12-01$52.27$52.0015.5%4.4%17.9%16.1%13.8%4.4%-1.9%-11.1M29.8M-3.7M1.12106.43N/AN/A758449,901431,325
2025-12-02$52.16$52.0015.4%4.4%17.8%15.9%28.5%3.9%-1.5%-11.0M4.4M-3.4M0.09101.06N/AN/A44449,961431,397
2025-12-03$52.48$52.0015.1%4.3%16.5%15.2%14.8%4.0%-1.9%-11.0M37.6M-3.9M0.06105.60N/AN/A36249,912431,414
2025-12-04$53.02$48.0015.2%3.8%16.6%15.4%13.7%2.8%1.6%-9.4M10.9M-3.6M3.1097.57N/AN/A6921449,934431,416
2025-12-05$53.22$48.0014.6%3.7%16.0%14.0%16.7%2.5%2.1%-9.1M-14.2M-3.4M0.78102.05N/AN/A675250,002431,501
2025-12-08$52.97$48.0016.3%4.0%16.3%18.1%14.2%4.0%1.8%-10.1M-3.3M-3.5M14.09103.29N/AN/A2231050,038431,479
2025-12-09$53.11$48.0016.3%3.9%15.3%18.2%20.4%1.8%1.5%-9.5M-30.3M-3.1M707.2899.70N/AN/A3927,58450,057431,544
2025-12-10$53.84$48.0012.7%3.6%15.8%9.3%12.9%1.9%1.6%-9.2M-78.7M-2.7M0.91102.97N/AN/A222050,048415,613
2025-12-11$54.09$48.0012.1%3.5%15.3%7.8%12.5%1.8%2.3%-7.8M-63.5M-2.9M4.3298.09N/AN/A6327250,042415,625
2025-12-12$53.89$48.0011.7%3.3%12.6%6.8%12.7%2.6%2.4%-7.7M-66.4M-3.3M3.04101.02N/AN/A237059,212415,714
2025-12-15$53.84$48.0011.7%3.3%12.7%6.8%16.3%0.9%2.6%-8.1M-55.6M-3.5M0.01102.92N/AN/A40,65325258,975415,724
2025-12-16$53.13$60.0012.7%3.7%12.8%9.4%17.4%4.1%1.7%-10.1M48.4M-3.6M2.2395.34N/AN/A14732841,725425,719
2025-12-17$52.89$54.0012.5%3.6%13.0%8.8%12.8%2.5%1.4%-9.7M54.6M-3.7M0.0898.11N/AN/A1371141,837425,203
2025-12-18$53.30$54.0012.5%3.6%13.1%8.8%11.5%2.5%1.0%-9.3M35.4M-3.4M2.6597.24N/AN/A16944741,900425,140
2025-12-19$53.75$54.0011.6%3.3%12.1%6.5%10.9%2.3%1.2%-8.1M30.9M-3.4M133.4996.22N/AN/A22530,03642,059425,180
2025-12-22$54.20$54.0012.0%3.4%12.1%7.7%12.1%1.4%0.4%-7.6M14.4M-3.4M107.5995.33N/AN/A9410,11342,133403,201
2025-12-23$54.55$54.0010.5%3.0%11.7%3.9%11.1%1.2%1.6%-7.9M-10.7M-3.0M0.3395.97N/AN/A1705642,179413,290
2025-12-24$54.63$54.0010.4%3.0%11.4%3.7%0.0%0.5%1.5%-8.8M-599.9K-3.1M0.1297.67N/AN/A58742,349413,336
2025-12-26$54.77$54.0010.8%3.1%10.6%4.7%10.8%2.4%1.4%-8.2M-7.9M-3.2M2.7399.46N/AN/A3710142,406413,343
2025-12-29$54.42$54.0011.4%3.3%10.9%6.2%11.3%1.3%1.7%-8.5M-2.8M-3.1M1.4795.32N/AN/A9714342,390413,444
2025-12-30$54.45$54.0010.9%3.1%10.4%5.0%10.3%0.2%1.2%-8.4M4.7M-3.3M3.6897.41N/AN/A7628042,469413,522
2025-12-31$54.03$54.0011.0%3.1%10.9%5.2%11.3%2.1%0.3%-9.5M15.3M-3.3M237.2299.68N/AN/A11026,09442,529413,759