EWI Options History — July 2022

In July 2022, EWI traded between $22.00 and $24.61. ATM implied volatility averaged 35.1%, placing in the 48.6% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded below realized volatility by 1.0% (HV 20d: 36.1%). Max pain ranged from $24.00 to $30.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 2.37.

Notable Days

  • 2022-07-14: Highest Volume — 7,288 contracts
  • 2022-07-11: Largest IV spike — 37.2% change
  • 2022-07-12: Highest IV Rank — 63.4%
  • 2022-07-14: Largest Expected Move — 11.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.29$22.00$24.61$24.20$24.61
Max Pain$25.75$24.00$30.00$30.00$25.00
ATM IV35.1%27.3%42.0%32.9%27.3%
Expected Move9.8%7.8%11.2%9.4%7.8%
HV 20d36.1%29.1%40.1%37.8%39.7%
HV 60d33.4%30.4%36.2%30.4%36.2%
IV Rank48.6%31.8%63.4%44.0%31.8%
IV Percentile84.0%57.5%95.2%84.5%57.5%
Term Structure-0.6%-3.3%1.9%1.9%1.4%
VWIV35.7%28.4%41.5%36.2%33.3%
Skew 25d10.6%7.9%13.4%9.0%9.8%
Skew 10d24.1%12.0%31.2%12.0%21.2%
Call IV 25d30.0%25.4%33.7%29.6%25.6%
Put IV 25d40.6%35.4%47.1%38.5%35.4%
Bid-Ask Spread %62.4925.3677.5372.7466.71
Gamma HHI0.450.320.530.320.43
Net GEX-720.8K-994.3K-506.3K-621.7K-994.3K
Net DEX19.3M13.8M22.8M18.6M15.8M
Net VEX-49.9K-92.2K-35.8K-42.6K-92.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.370.255.172.193.42
Total Volume3,708.651,9787,2884,5033,855
Total OI19,272.9513,12532,71516,34032,715

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-07-01$24.20$30.0032.9%9.4%37.8%44.0%36.2%9.0%1.9%-621.7K18.6M-42.6K2.1972.74N/AN/A1,4113,0922,44513,895
2022-07-05$23.25$28.0040.8%10.4%39.3%60.9%35.5%13.3%-1.3%-571.2K20.4M-40.8K2.4865.50N/AN/A1,3943,4552,52514,001
2022-07-06$23.12$26.0034.5%10.1%38.3%47.3%35.9%11.4%-1.0%-605.9K20.0M-39.3K2.1243.92N/AN/A1,3942,9512,52813,863
2022-07-07$23.60$26.0032.2%9.0%39.8%42.5%41.5%12.2%0.5%-629.9K19.4M-39.4K1.8868.46N/AN/A1,3972,6212,52813,754
2022-07-08$23.74$26.0030.0%8.8%40.1%37.7%36.5%12.6%0.4%-652.5K19.3M-39.1K1.8969.90N/AN/A1,3962,6332,53613,886
2022-07-11$23.26$26.0041.1%10.1%35.6%61.6%37.7%10.5%-0.9%-648.2K20.2M-37.1K1.9371.22N/AN/A1,3962,6912,54713,783
2022-07-12$22.99$26.0042.0%10.2%31.6%63.4%40.4%10.1%-1.4%-619.9K20.9M-36.8K1.8729.80N/AN/A1,3962,6142,54714,085
2022-07-13$23.05$26.0035.1%10.1%29.1%48.6%31.7%12.6%-1.8%-624.7K20.9M-37.8K2.3925.36N/AN/A1,3963,3422,54614,263
2022-07-14$22.00$26.0039.1%11.2%33.0%57.2%40.9%13.4%-1.5%-506.3K22.2M-35.8K4.1068.63N/AN/A1,4305,8582,54614,251
2022-07-15$22.44$25.0035.5%10.2%30.6%49.6%39.3%10.8%-1.1%-600.6K22.8M-40.3K2.3969.59N/AN/A1,4323,4182,57615,974
2022-07-18$22.82$25.0037.3%10.7%30.4%53.4%36.8%8.0%-3.3%-619.3K14.8M-40.9K5.0568.70N/AN/A3381,70740712,718
2022-07-19$23.81$25.0034.9%10.0%34.5%48.3%39.3%10.3%-2.0%-739.1K13.8M-46.2K5.1771.92N/AN/A3501,81041414,206
2022-07-20$22.81$26.0037.6%10.8%36.8%54.0%37.0%12.4%-2.6%-808.0K17.7M-49.2K3.7769.37N/AN/A5432,04842615,517
2022-07-21$23.10$24.0035.2%10.1%37.2%48.8%33.7%10.9%-0.9%-855.1K17.6M-50.8K1.0673.02N/AN/A9581,02063616,543
2022-07-22$23.05$25.0034.9%10.0%37.2%48.2%30.3%8.8%-0.3%-849.6K20.5M-61.1K1.1154.88N/AN/A1,8832,0963,14618,926
2022-07-25$23.39$25.0035.7%10.2%36.2%49.9%30.5%9.0%-1.2%-819.6K19.9M-63.0K0.9151.41N/AN/A1,7241,5774,17619,596
2022-07-26$22.90$25.0034.0%9.8%36.7%46.3%32.3%7.9%1.2%-845.6K22.5M-59.6K0.6560.80N/AN/A1,7171,1244,20719,777
2022-07-27$23.63$25.0030.7%8.8%38.8%39.3%28.4%9.2%0.8%-909.6K19.2M-63.6K0.2577.53N/AN/A1,7154354,20320,223
2022-07-28$23.99$25.0030.8%8.8%39.1%39.5%36.1%10.5%1.1%-895.6K19.8M-83.4K2.8470.24N/AN/A6651,8917,20423,340
2022-07-29$24.61$25.0027.3%7.8%39.7%31.8%33.3%9.8%1.4%-994.3K15.8M-92.2K3.4266.71N/AN/A8722,9837,25325,462