EWI Options History — October 2010

In October 2010, EWI traded between $33.02 and $35.94. ATM implied volatility averaged 30.1%. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 4.1% (HV 20d: 26.0%). Max pain ranged from $30.00 to $36.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.38.

Notable Days

  • 2010-10-07: Highest Volume — 16 contracts
  • 2010-10-11: Largest IV spike — 45.5% change
  • 2010-10-06: Largest Expected Move — 9.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.12$33.02$35.94$33.88$35.82
Max Pain$31.81$30.00$36.00$34.00$36.00
ATM IV30.1%24.7%42.4%29.6%28.9%
Expected Move8.7%7.6%9.8%8.5%8.3%
HV 20d26.0%24.1%28.8%24.4%24.8%
HV 60d29.5%28.1%31.3%30.3%28.3%
Term Structure1.3%-3.6%5.9%2.0%4.6%
VWIV30.7%25.0%49.3%49.3%25.0%
Skew 25d7.9%-0.9%12.2%8.6%-0.9%
Skew 10d15.2%4.7%24.6%11.9%4.7%
Call IV 25d28.3%24.5%33.2%33.0%24.9%
Put IV 25d36.1%24.0%41.5%41.5%24.0%
Bid-Ask Spread %91.5358.53111.72111.72103.66
Gamma HHI0.390.290.510.350.34
Net GEX-6.8K-11.8K-3.7K-8.6K-4.9K
Net DEX-97.3K-166.7K70.1K-12.2K-166.7K
Net VEX-2.0K-2.3K-1.7K-2.2K-1.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.003.000.000.00
Total Volume4.524016110
Total OI404.19389420392406

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-10-01$33.88$34.0029.6%8.5%24.4%0.0%0.0%8.6%2.0%-8.6K-12.2K-2.2K0.00111.72N/AN/A011122270
2010-10-04$33.02$30.0026.6%9.0%26.3%0.0%49.3%10.6%-1.3%-9.2K70.1K-2.3K0.0087.38N/AN/A011122281
2010-10-05$34.36$30.0025.1%8.9%26.9%0.0%0.0%9.5%-0.3%-10.3K-278-2.1K0.0087.18N/AN/A012122290
2010-10-06$34.52$30.0029.5%9.8%26.8%0.0%0.0%10.1%-3.6%-9.8K-18.6K-2.2K0.0058.53N/AN/A50122290
2010-10-07$34.54$30.0024.7%9.6%26.8%0.0%0.0%9.6%-2.0%-8.6K-27.9K-2.3K0.0062.08N/AN/A016127290
2010-10-08$34.84$30.0029.1%9.2%26.9%0.0%0.0%9.5%0.4%-11.8K-73.3K-2.0K0.0087.95N/AN/A40127282
2010-10-11$34.74$30.0042.4%9.1%26.2%0.0%0.0%10.0%-1.5%-7.4K-69.0K-2.1K0.00100.11N/AN/A01130282
2010-10-12$34.74$30.0029.6%8.9%26.1%0.0%26.8%11.6%-0.4%-7.9K-67.7K-2.1K0.0991.16N/AN/A61130282
2010-10-13$35.38$32.0037.4%7.6%26.5%0.0%0.0%11.2%5.9%-7.0K-130.4K-2.0K0.0093.65N/AN/A00136282
2010-10-14$35.68$32.0031.3%9.0%26.5%0.0%0.0%9.2%2.3%-6.2K-144.2K-2.0K0.0073.88N/AN/A20136282
2010-10-15$35.38$32.0029.5%8.5%26.0%0.0%0.0%7.6%1.3%-5.6K-134.0K-2.1K0.0084.41N/AN/A00138282
2010-10-18$35.80$32.0029.0%8.3%25.5%0.0%27.1%6.4%4.2%-7.2K-155.6K-1.7K0.0093.02N/AN/A40129260
2010-10-19$34.88$32.0033.0%9.5%27.7%0.0%0.0%10.3%-0.4%-4.9K-80.0K-2.0K0.0094.79N/AN/A00132260
2010-10-20$35.78$32.0028.8%8.3%28.8%0.0%0.0%10.3%1.9%-5.6K-149.9K-1.7K0.00104.18N/AN/A00132260
2010-10-21$35.90$32.0030.9%8.9%27.6%0.0%30.6%2.6%2.1%-4.0K-141.6K-1.9K3.0099.73N/AN/A13132260
2010-10-22$35.94$32.0029.2%8.4%24.5%0.0%28.5%3.9%3.7%-4.6K-147.0K-1.9K0.0084.43N/AN/A10132263
2010-10-25$35.72$32.0031.9%9.2%24.1%0.0%0.0%2.9%-0.1%-3.7K-156.5K-1.9K0.0096.22N/AN/A05133263
2010-10-26$35.40$32.0028.1%8.1%24.3%0.0%27.6%12.2%5.1%-6.0K-145.2K-1.7K0.29100.26N/AN/A41133263
2010-10-27$35.22$32.0029.6%8.5%24.2%0.0%25.0%10.6%-0.1%-4.9K-136.9K-1.8K0.00102.75N/AN/A06136264
2010-10-28$35.88$36.0028.3%8.1%24.8%0.0%0.0%-0.4%4.3%-5.2K-155.4K-1.8K0.00104.98N/AN/A10136269
2010-10-29$35.82$36.0028.9%8.3%24.8%0.0%0.0%-0.9%4.6%-4.9K-166.7K-1.7K0.00103.66N/AN/A00137269