EWI Options History — October 2023

In October 2023, EWI traded between $29.04 and $30.68. ATM implied volatility averaged 23.7%, placing in the 11.0% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 5.2% (HV 20d: 18.5%). Max pain ranged from $30.00 to $32.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 2.22.

Notable Days

  • 2023-10-27: Highest Volume — 1,019 contracts
  • 2023-10-03: Largest IV spike — 19.9% change
  • 2023-10-03: Highest IV Rank — 15.2%
  • 2023-10-03: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.86$29.04$30.68$29.70$29.88
Max Pain$30.50$30.00$32.00$31.00$30.00
ATM IV23.7%21.2%26.6%22.2%23.2%
Expected Move6.8%6.1%7.6%6.4%6.7%
HV 20d18.5%17.3%19.7%17.5%17.5%
HV 60d16.7%15.8%17.3%16.7%17.3%
IV Rank11.0%7.5%15.2%8.9%10.3%
IV Percentile30.1%17.9%40.5%21.8%29.8%
Term Structure-0.5%-1.7%0.3%0.1%-0.9%
VWIV25.3%16.7%56.0%56.0%25.0%
Skew 25d6.4%3.2%21.9%21.9%3.3%
Skew 10d15.6%3.8%48.6%48.6%8.2%
Call IV 25d21.2%19.0%23.5%21.7%22.8%
Put IV 25d27.6%25.4%43.6%43.6%26.1%
Bid-Ask Spread %75.6553.69100.71100.7184.92
Gamma HHI0.480.220.680.220.57
Net GEX-179.2K-240.0K-23.8K-23.8K-192.8K
Net DEX1.5M554.4K2.2M554.4K1.2M
Net VEX-6.4K-7.5K-3.5K-3.5K-4.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.220.407.337.331.50
Total Volume126.501,0191,0111
Total OI2,096.1821,0192,3021,0191,998

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$29.70$31.0022.2%6.4%17.5%8.9%0.0%21.9%0.1%-23.8K554.4K-3.5K0.00100.71N/AN/A01,011384635
2023-10-03$29.37$31.0026.6%7.6%17.7%15.2%56.0%4.6%-1.3%-157.8K1.9M-7.5K7.3383.95N/AN/A3223841,639
2023-10-04$29.49$31.0025.8%7.4%17.3%14.0%16.7%6.2%-1.5%-158.5K1.7M-7.2K0.0085.78N/AN/A0403871,619
2023-10-05$29.70$32.0022.3%6.5%17.6%9.0%0.0%7.3%0.1%-163.4K1.7M-7.2K0.0074.00N/AN/A003871,656
2023-10-06$30.16$32.0022.2%6.5%18.6%8.9%24.3%5.9%0.1%-161.2K1.4M-7.1K0.0073.30N/AN/A0643871,656
2023-10-09$29.88$32.0024.0%6.8%17.7%11.5%0.0%6.8%-0.3%-172.2K1.6M-7.1K0.0071.93N/AN/A043871,708
2023-10-10$30.43$32.0024.0%6.7%19.2%11.5%22.1%6.4%-0.3%-159.9K1.2M-6.9K0.9774.96N/AN/A33323871,712
2023-10-11$30.68$30.0021.2%6.1%19.3%7.5%21.6%5.6%-0.0%-156.6K1.1M-6.9K1.0677.73N/AN/A34364191,738
2023-10-12$30.31$30.0022.2%6.4%18.9%8.9%0.0%6.7%0.3%-175.1K1.4M-6.9K0.4067.58N/AN/A1044501,774
2023-10-13$30.05$30.0023.6%6.8%19.1%10.9%23.6%7.2%-0.8%-181.5K1.6M-7.1K0.0080.95N/AN/A0294601,776
2023-10-16$30.45$30.0023.3%6.7%19.7%10.5%21.0%5.8%-0.3%-177.2K1.2M-6.4K1.7568.12N/AN/A20354601,747
2023-10-17$30.48$30.0023.8%6.8%19.5%11.2%0.0%6.7%-1.7%-172.2K1.1M-6.4K0.0053.69N/AN/A004651,752
2023-10-18$30.02$30.0024.8%7.1%19.6%12.6%27.8%6.4%-1.1%-188.2K1.5M-6.5K0.0064.80N/AN/A01054651,752
2023-10-19$29.66$30.0025.1%7.2%18.8%13.0%0.0%6.1%-0.5%-208.4K1.8M-6.7K0.0082.22N/AN/A0744651,805
2023-10-20$29.59$30.0023.5%6.7%18.8%10.7%24.0%6.2%0.0%-186.5K1.9M-7.0K0.0079.85N/AN/A0504651,837
2023-10-23$29.79$30.0023.5%6.7%18.9%10.8%23.6%3.2%0.1%-198.7K1.5M-6.3K2.5065.78N/AN/A4104401,742
2023-10-24$29.84$30.0022.4%6.4%18.0%9.2%22.5%5.0%-0.1%-208.6K1.5M-6.1K0.0065.43N/AN/A0274441,750
2023-10-25$29.44$30.0025.8%7.4%18.5%14.0%21.0%4.5%-1.4%-220.2K1.8M-5.9K0.0074.71N/AN/A0644441,757
2023-10-26$29.30$30.0024.9%7.1%18.0%12.7%0.0%5.1%-1.0%-227.3K1.9M-6.2K1.5080.83N/AN/A10154441,752
2023-10-27$29.04$30.0025.2%7.2%18.1%13.2%25.2%4.7%-0.8%-240.0K2.2M-5.9K0.0075.74N/AN/A01,0194441,747
2023-10-30$29.56$30.0021.8%6.2%17.6%8.3%25.0%5.7%-0.4%-211.4K1.4M-4.8K0.0077.26N/AN/A0274441,552
2023-10-31$29.88$30.0023.2%6.7%17.5%10.3%0.0%3.3%-0.9%-192.8K1.2M-4.4K0.0084.92N/AN/A014441,554