EWI Options History — August 2022

In August 2022, EWI traded between $23.19 and $25.41. ATM implied volatility averaged 32.4%, placing in the 42.8% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded above realized volatility by 3.5% (HV 20d: 28.9%). Max pain ranged from $25.00 to $26.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 21 of 23 days. Put/call ratio averaged 40.36.

Notable Days

2022-08-16: Highest Volume — 8,268 contracts
2022-08-03: Largest IV drop — 21.5% change
2022-08-30: Highest IV Rank — 61.9%
2022-08-30: Largest Expected Move — 11.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.38	$23.19	$25.41	$24.63	$23.19
Max Pain	$25.26	$25.00	$26.00	$25.00	$25.00
ATM IV	32.4%	24.2%	41.3%	31.0%	40.0%
Expected Move	9.4%	7.8%	11.8%	8.9%	11.5%
HV 20d	28.9%	21.1%	39.6%	39.6%	23.2%
HV 60d	34.4%	33.1%	36.0%	36.0%	34.2%
IV Rank	42.8%	25.3%	61.9%	39.8%	59.3%
IV Percentile	73.5%	46.8%	94.8%	70.6%	92.5%
Term Structure	1.8%	-0.9%	3.8%	1.2%	0.6%
VWIV	33.4%	22.8%	43.6%	36.1%	42.5%
Skew 25d	10.1%	7.0%	13.5%	9.2%	7.0%
Skew 10d	23.4%	9.0%	35.8%	22.1%	10.3%
Call IV 25d	28.7%	23.9%	36.4%	28.1%	36.4%
Put IV 25d	38.8%	33.3%	46.3%	37.3%	43.4%
Bid-Ask Spread %	67.17	13.18	85.54	71.14	85.54
Gamma HHI	0.36	0.29	0.46	0.37	0.46
Net GEX	-1.2M	-1.3M	-975.3K	-1.2M	-1.1M
Net DEX	23.3M	10.1M	36.8M	18.0M	36.8M
Net VEX	-86.8K	-101.9K	-64.1K	-100.6K	-64.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	40.36	0.13	370.00	3.17	0.13
Total Volume	1,785.391	86	8,268	3,392	4,917
Total OI	39,140.913	35,772	43,729	35,772	38,493

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-08-01	$24.63	$25.00	31.0%	8.9%	39.6%	39.8%	36.1%	9.2%	1.2%	-1.2M	18.0M	-100.6K	3.17	71.14	N/A	N/A	814	2,578	7,429	28,343
2022-08-02	$24.28	$25.00	34.5%	9.9%	37.0%	47.4%	35.1%	7.9%	-0.9%	-1.3M	22.7M	-101.6K	3.17	74.47	N/A	N/A	781	2,472	7,465	29,399
2022-08-03	$24.53	$25.00	27.1%	7.8%	37.0%	31.5%	32.7%	8.6%	1.7%	-1.3M	20.0M	-98.2K	2.17	82.35	N/A	N/A	412	894	7,487	28,836
2022-08-04	$24.69	$25.00	29.6%	8.6%	36.5%	36.8%	30.6%	11.4%	1.8%	-1.3M	17.6M	-97.6K	2.25	66.23	N/A	N/A	363	816	7,560	28,761
2022-08-05	$24.65	$25.00	24.2%	8.2%	36.5%	25.3%	30.1%	10.7%	2.8%	-1.3M	19.0M	-95.7K	1.42	19.33	N/A	N/A	460	651	7,576	28,900
2022-08-08	$24.68	$25.00	27.5%	8.3%	35.5%	32.2%	30.6%	10.0%	2.4%	-1.3M	17.8M	-91.4K	4.72	16.30	N/A	N/A	348	1,642	7,590	28,905
2022-08-09	$24.55	$25.00	26.9%	8.5%	35.2%	30.9%	29.6%	10.2%	2.7%	-1.3M	19.1M	-89.7K	1.07	68.50	N/A	N/A	2,030	2,165	7,595	28,444
2022-08-10	$25.01	$25.00	30.3%	8.7%	35.6%	38.3%	29.6%	9.3%	3.4%	-1.2M	12.9M	-99.3K	2.57	65.06	N/A	N/A	1,024	2,627	9,625	30,515
2022-08-11	$25.16	$25.00	30.2%	8.7%	30.2%	38.2%	33.4%	10.4%	2.6%	-1.1M	13.3M	-101.9K	25.28	68.68	N/A	N/A	25	632	10,621	32,338
2022-08-12	$25.41	$25.00	29.4%	8.4%	29.8%	36.3%	34.8%	9.4%	3.3%	-1.2M	10.1M	-98.0K	32.60	13.18	N/A	N/A	15	489	10,620	32,715
2022-08-15	$25.21	$25.00	30.3%	8.7%	30.0%	38.3%	30.9%	9.6%	3.6%	-1.2M	13.0M	-94.8K	122.91	65.81	N/A	N/A	11	1,352	10,632	33,097
2022-08-16	$25.05	$25.00	28.8%	8.2%	26.7%	35.0%	22.8%	8.6%	3.8%	-1.2M	14.6M	-91.9K	1.04	63.58	N/A	N/A	4,059	4,209	10,638	32,220
2022-08-17	$24.79	$25.00	30.6%	8.8%	21.3%	39.0%	32.8%	10.2%	1.6%	-1.1M	21.3M	-89.2K	18.65	83.29	N/A	N/A	17	317	10,647	32,157
2022-08-18	$24.88	$25.00	29.8%	8.5%	21.1%	37.3%	28.1%	10.1%	2.8%	-1.1M	21.9M	-86.2K	7.60	72.09	N/A	N/A	10	76	10,658	32,163
2022-08-19	$24.22	$25.00	33.2%	9.5%	23.6%	44.5%	33.2%	10.0%	-0.3%	-1.3M	28.9M	-83.3K	121.88	80.24	N/A	N/A	8	975	10,658	32,114
2022-08-22	$23.55	$26.00	36.1%	10.3%	25.5%	50.8%	35.2%	12.2%	0.9%	-991.7K	33.5M	-75.6K	132.56	77.35	N/A	N/A	9	1,193	10,269	27,413
2022-08-23	$23.89	$26.00	37.2%	10.7%	24.6%	53.2%	39.0%	10.3%	1.0%	-982.0K	30.4M	-77.9K	370.00	72.41	N/A	N/A	1	370	10,269	27,189
2022-08-24	$24.02	$26.00	36.4%	10.4%	22.1%	51.3%	30.9%	13.5%	1.1%	-975.3K	30.0M	-76.4K	21.49	73.55	N/A	N/A	39	838	10,274	27,213
2022-08-25	$24.19	$26.00	35.4%	10.1%	21.6%	49.3%	31.7%	12.2%	0.9%	-1.0M	29.5M	-77.7K	2.38	82.34	N/A	N/A	29	69	10,298	27,992
2022-08-26	$23.30	$26.00	38.6%	11.1%	23.4%	56.1%	36.3%	9.2%	1.9%	-1.0M	35.6M	-72.0K	23.52	79.18	N/A	N/A	23	541	10,307	27,992
2022-08-29	$23.55	$26.00	36.9%	10.6%	23.9%	52.5%	43.6%	12.1%	2.2%	-1.0M	34.9M	-67.9K	24.00	80.28	N/A	N/A	20	480	10,314	27,981
2022-08-30	$23.39	$25.00	41.3%	11.8%	23.5%	61.9%	39.6%	11.0%	0.4%	-1.1M	35.5M	-66.4K	3.78	83.91	N/A	N/A	55	208	10,334	28,195
2022-08-31	$23.19	$25.00	40.0%	11.5%	23.2%	59.3%	42.5%	7.0%	0.6%	-1.1M	36.8M	-64.1K	0.13	85.54	N/A	N/A	4,370	547	10,357	28,136