EWC Options History — January 2026

In January 2026, EWC traded between $54.03 and $56.39. ATM implied volatility averaged 12.5%, placing in the 9.0% IV rank vs the trailing year. The 30-day expected move averaged 3.6%. IV traded above realized volatility by 1.9% (HV 20d: 10.6%). Max pain ranged from $54.00 to $55.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 2.46.

Notable Days

  • 2026-01-21: Highest Volume — 4,720 contracts
  • 2026-01-12: Largest IV spike — 31.5% change
  • 2026-01-30: Highest IV Rank — 15.8%
  • 2026-01-30: Largest Expected Move — 4.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$55.08$54.03$56.39$54.09$54.25
Max Pain$54.40$54.00$55.00$54.00$55.00
ATM IV12.5%10.2%15.3%11.3%15.3%
Expected Move3.6%3.3%4.4%3.3%4.4%
HV 20d10.6%9.3%16.9%10.8%16.9%
HV 60d13.5%12.8%15.3%13.9%15.3%
IV Rank9.0%3.1%15.8%6.0%15.8%
IV Percentile29.4%0.8%66.7%9.1%66.7%
Term Structure0.8%-0.1%1.9%0.8%-0.1%
VWIV13.4%10.0%16.5%13.5%16.5%
Skew 25d3.8%2.3%5.8%3.3%5.8%
Skew 10d7.8%2.0%13.8%2.0%13.8%
Call IV 25d11.2%10.1%12.9%11.1%12.9%
Put IV 25d15.0%13.3%18.7%14.4%18.7%
Bid-Ask Spread %93.5489.38101.8997.3689.38
Gamma HHI0.120.110.130.130.12
Net GEX-7.2M-8.8M-6.1M-8.0M-8.8M
Net DEX-15.6M-40.2M45.4M-7.8M45.4M
Net VEX-3.0M-3.7M-2.6M-3.0M-3.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.460.0211.411.241.68
Total Volume891.95834,720831,301
Total OI387,935.5308,479436,516434,426337,624

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$54.09$54.0011.3%3.3%10.8%6.0%13.5%3.3%0.8%-8.0M-7.8M-3.0M1.2497.36N/AN/A374642,605391,821
2026-01-05$54.64$54.0011.7%3.3%10.8%6.8%14.3%2.7%0.9%-7.1M-28.7M-2.8M11.4195.67N/AN/A2225142,612391,869
2026-01-06$54.72$54.0011.2%3.4%10.7%5.7%13.1%2.8%1.2%-7.3M-17.5M-3.0M0.7091.01N/AN/A664642,640392,074
2026-01-07$54.03$54.0011.6%3.7%11.7%6.7%12.8%2.8%0.8%-7.5M-6.1M-3.0M3.7394.98N/AN/A16963042,651392,119
2026-01-08$54.45$54.0012.7%3.7%11.9%9.4%12.8%4.0%1.3%-7.5M-7.1M-2.9M2.0391.60N/AN/A387742,794392,701
2026-01-09$54.59$54.0010.2%3.3%11.0%3.1%13.2%2.3%1.4%-6.7M-30.8M-2.6M5.1893.37N/AN/A5025942,830392,772
2026-01-12$55.14$54.0013.4%3.4%11.4%11.0%11.7%3.5%0.6%-6.7M-31.7M-2.7M2.9796.53N/AN/A9026742,860392,942
2026-01-13$55.06$54.0012.3%3.5%11.3%8.3%0.0%4.2%0.2%-6.6M-28.3M-2.9M2.3592.45N/AN/A348042,904393,130
2026-01-14$55.08$54.0012.7%3.6%11.3%9.2%14.3%3.9%0.9%-6.6M-40.2M-2.6M7.7292.11N/AN/A2922442,930393,208
2026-01-15$55.19$54.0012.9%3.7%9.9%9.7%12.6%3.9%0.7%-7.1M-40.2M-2.7M0.6390.06N/AN/A1308242,949393,428
2026-01-16$55.09$54.0013.0%3.7%9.7%10.1%13.7%3.5%0.7%-8.0M-17.9M-2.9M0.0694.69N/AN/A1,4749543,007393,509
2026-01-20$54.80$54.0014.2%4.1%9.8%13.0%14.1%4.4%-0.0%-6.1M-25.2M-2.8M1.3690.21N/AN/A11415543,894264,585
2026-01-21$55.01$55.0013.8%4.0%9.5%12.0%13.9%4.5%0.1%-6.4M-21.1M-3.0M1.0292.68N/AN/A2,3342,38643,991264,702
2026-01-22$55.31$55.0012.6%3.6%9.3%9.0%10.0%4.5%1.4%-7.4M9.3M-3.3M0.0592.43N/AN/A2,76714146,316287,002
2026-01-23$55.72$55.0012.0%3.4%9.3%7.7%12.8%4.2%0.6%-7.3M915.3K-3.4M3.9590.13N/AN/A7630047,282287,102
2026-01-26$55.66$55.0012.2%3.5%9.4%8.1%13.2%4.2%1.1%-7.2M-11.8M-3.3M0.2596.90N/AN/A2,14052647,329287,380
2026-01-27$56.05$55.0011.7%3.3%9.6%6.8%14.4%3.5%1.5%-7.3M-9.0M-3.4M0.8093.08N/AN/A26121049,036287,744
2026-01-28$56.37$55.0012.6%3.6%9.3%9.2%13.8%3.5%1.9%-6.8M-20.2M-3.3M2.02101.89N/AN/A5210549,287287,861
2026-01-29$56.39$55.0013.6%3.9%9.3%11.4%14.8%5.0%0.6%-6.9M-23.2M-3.3M0.0294.22N/AN/A7611449,313287,907
2026-01-30$54.25$55.0015.3%4.4%16.9%15.8%16.5%5.8%-0.1%-8.8M45.4M-3.7M1.6889.38N/AN/A48581649,743287,881