EWI Options History — June 2019

In June 2019, EWI traded between $26.18 and $27.73. ATM implied volatility averaged 18.7%, placing in the 16.5% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded below realized volatility by 0.8% (HV 20d: 19.5%). Max pain ranged from $26.00 to $27.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 83.17.

Notable Days

  • 2019-06-04: Highest Volume — 3,411 contracts
  • 2019-06-17: Largest IV spike — 30.4% change
  • 2019-06-17: Highest IV Rank — 29.4%
  • 2019-06-03: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.16$26.18$27.73$26.18$27.52
Max Pain$26.75$26.00$27.00$27.00$27.00
ATM IV18.7%15.3%23.1%23.1%17.0%
Expected Move5.6%4.5%7.6%7.6%4.9%
HV 20d19.5%16.3%23.1%16.3%20.1%
HV 60d15.5%13.7%16.6%13.7%16.3%
IV Rank16.5%4.2%29.4%26.1%13.5%
IV Percentile28.7%1.6%66.7%66.7%12.7%
Term Structure0.4%-1.3%2.4%0.5%1.0%
VWIV21.7%12.8%28.6%27.6%12.8%
Skew 25d4.9%3.0%7.9%5.7%3.0%
Skew 10d8.2%0.9%12.8%11.2%5.1%
Call IV 25d16.3%12.3%19.5%19.4%15.2%
Put IV 25d21.2%18.0%26.2%25.1%18.3%
Bid-Ask Spread %77.8615.65125.8197.0598.68
Gamma HHI0.330.260.400.260.28
Net GEX-422.1K-564.2K-132.9K-132.9K-436.1K
Net DEX4.6M2.4M6.5M2.8M4.0M
Net VEX-21.7K-24.9K-8.2K-8.2K-21.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio83.171.85681.2022.0025.93
Total Volume467.9203,41123377
Total OI6,757.254,5478,1224,5484,958

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-06-03$26.18$27.0023.1%7.6%16.3%26.1%27.6%5.7%0.5%-132.9K2.8M-8.2K22.0097.05N/AN/A1223774,171
2019-06-04$26.80$27.0022.7%7.2%18.6%24.8%28.6%7.9%-0.9%-154.8K2.4M-8.9K681.20119.06N/AN/A53,4063774,170
2019-06-05$26.63$27.0022.9%7.4%17.7%25.4%28.6%5.9%1.7%-370.8K5.3M-22.8K117.1195.33N/AN/A91,0543856,844
2019-06-06$26.87$26.0020.5%5.7%17.9%18.1%22.6%5.2%-0.3%-429.3K5.3M-23.6K81.0083.46N/AN/A118913867,104
2019-06-07$27.20$26.0020.3%5.8%18.4%17.6%22.4%5.1%-0.5%-427.9K4.7M-24.5K48.5622.77N/AN/A167773957,250
2019-06-10$27.26$26.0019.4%6.0%18.4%14.9%24.8%4.7%0.9%-456.7K4.7M-23.9K0.0018.22N/AN/A0753997,265
2019-06-11$27.44$26.0018.0%5.6%16.8%10.5%25.2%4.3%1.3%-476.8K4.4M-23.3K0.0019.45N/AN/A01313787,242
2019-06-12$27.15$26.0018.9%5.4%17.2%13.4%19.9%4.7%-0.3%-435.4K4.9M-23.6K0.0098.20N/AN/A0693787,228
2019-06-13$27.38$27.0016.8%5.5%17.4%6.8%20.8%5.3%2.4%-452.9K4.6M-23.2K10.0429.92N/AN/A565623787,252
2019-06-14$27.28$27.0015.3%5.2%17.3%4.2%19.6%3.9%1.2%-503.2K5.4M-23.1K1.8519.29N/AN/A1863453867,736
2019-06-17$26.37$27.0020.0%5.9%21.1%29.4%23.1%4.6%-1.3%-487.0K6.5M-24.9K0.0015.65N/AN/A0202427,751
2019-06-18$26.93$27.0017.9%5.1%22.5%18.3%20.7%4.1%0.3%-540.5K5.6M-24.5K0.0094.88N/AN/A01242427,744
2019-06-19$27.19$27.0017.1%4.9%22.7%13.7%17.1%3.7%0.5%-564.2K5.1M-24.1K58.00125.81N/AN/A21162427,731
2019-06-20$27.55$27.0015.9%4.5%23.1%7.4%17.2%5.6%0.9%-485.0K4.4M-23.1K59.50114.25N/AN/A21192427,707
2019-06-21$27.71$27.0016.4%4.6%21.9%10.2%18.7%6.3%0.9%-464.0K4.3M-23.0K18.29100.56N/AN/A71282427,698
2019-06-24$27.73$27.0018.4%5.3%21.2%20.9%0.0%4.9%0.4%-387.9K4.0M-22.7K36.50110.49N/AN/A41461235,011
2019-06-25$27.38$27.0017.8%5.0%21.2%17.7%21.9%5.3%0.3%-400.2K4.2M-22.3K41.7587.73N/AN/A41671194,909
2019-06-26$27.32$27.0018.2%5.2%20.8%19.9%19.5%3.7%0.4%-408.3K4.4M-22.2K13.7391.65N/AN/A111511194,919
2019-06-27$27.40$27.0017.7%5.0%20.5%17.1%20.5%3.7%-0.5%-428.1K4.3M-21.6K32.09114.85N/AN/A113531164,929
2019-06-28$27.52$27.0017.0%4.9%20.1%13.5%12.8%3.0%1.0%-436.1K4.0M-21.0K25.9398.68N/AN/A143631164,842