EWI Options History — February 2024

In February 2024, EWI traded between $33.41 and $35.75. ATM implied volatility averaged 16.0%, placing in the 5.6% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 2.1% (HV 20d: 13.9%). Max pain ranged from $34.00 to $34.00. Net GEX was positive for 5 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 1.52.

Notable Days

  • 2024-02-21: Highest Volume — 81 contracts
  • 2024-02-06: Largest IV spike — 15.8% change
  • 2024-02-21: Highest IV Rank — 9.1%
  • 2024-02-21: Largest Expected Move — 5.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.52$33.41$35.75$33.91$35.56
Max Pain$34.00$34.00$34.00$34.00$34.00
ATM IV16.0%14.1%18.2%16.3%15.1%
Expected Move4.6%4.2%5.2%4.6%4.3%
HV 20d13.9%12.3%15.2%13.9%14.3%
HV 60d14.4%13.4%14.9%14.9%14.1%
IV Rank5.6%2.5%9.1%6.1%4.2%
IV Percentile11.3%1.6%27.0%11.9%6.3%
Term Structure0.6%-2.0%2.9%2.9%-0.8%
VWIV17.6%15.3%20.3%18.6%17.7%
Skew 25d3.0%-0.6%5.5%4.6%1.6%
Skew 10d4.8%-5.3%12.6%7.3%1.3%
Call IV 25d15.2%12.5%16.7%14.7%13.5%
Put IV 25d18.2%14.9%20.3%19.4%15.0%
Bid-Ask Spread %102.1584.25113.1996.0998.67
Gamma HHI0.370.290.510.350.31
Net GEX-4.1K-15.8K3.3K-6.3K-31
Net DEX2.7K-135.3K128.4K59.9K-90.9K
Net VEX-887-1.0K-723-916-885
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.520.007.001.172.00
Total Volume12.550811327
Total OI263.1221326228326

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$33.91$34.0016.3%4.6%13.9%6.1%18.6%4.6%2.9%-6.3K59.9K-9161.1796.09N/AN/A6756172
2024-02-02$33.64$34.0014.1%4.7%13.7%2.5%0.0%4.3%1.6%-6.9K87.8K-9450.00100.76N/AN/A0056175
2024-02-05$33.61$34.0015.6%4.6%13.7%4.9%0.0%3.4%2.6%-7.6K88.6K-9080.0099.47N/AN/A0056175
2024-02-06$33.83$34.0018.1%4.6%13.2%8.9%0.0%3.7%2.2%-6.3K69.5K-8900.00105.50N/AN/A1057175
2024-02-07$33.77$34.0015.9%4.6%12.5%5.4%17.5%2.8%2.5%-6.3K67.3K-8480.00103.50N/AN/A0657175
2024-02-08$33.81$34.0015.9%4.5%12.4%5.4%0.0%4.3%1.2%-6.3K70.1K-8560.00102.35N/AN/A0057181
2024-02-09$33.94$34.0015.4%4.4%12.4%4.6%0.0%4.0%1.7%-4.3K47.7K-8564.0084.25N/AN/A1457181
2024-02-12$34.06$34.0016.4%4.7%12.3%6.3%0.0%2.7%1.4%-1.8K32.9K-8240.00106.16N/AN/A0058185
2024-02-13$33.41$34.0018.0%5.2%12.7%8.8%0.0%3.1%-0.9%-15.8K128.4K-8500.00101.63N/AN/A0558185
2024-02-14$33.91$34.0015.5%4.4%13.5%4.7%0.0%4.3%1.3%1.7K62.8K-8170.00105.03N/AN/A0058190
2024-02-15$34.59$34.0015.1%4.3%15.0%4.2%0.0%3.2%0.4%-6.1K-26.4K-7530.00101.48N/AN/A7058190
2024-02-16$34.39$34.0016.7%4.8%15.2%6.8%0.0%2.7%0.8%-1.2K-33.0K-8170.00108.64N/AN/A5065190
2024-02-20$34.70$34.0016.2%4.6%15.0%5.9%18.3%3.3%-0.1%-13.1K33.7K-7230.27104.04N/AN/A22640181
2024-02-21$35.09$34.0018.2%5.2%15.1%9.1%20.3%3.2%-2.0%-8.2K-24.5K-8330.27113.19N/AN/A641762187
2024-02-22$35.44$34.0016.3%4.7%15.2%6.1%15.3%1.1%0.4%1.4K-109.8K-1.0K3.33106.78N/AN/A310105204
2024-02-23$35.75$34.0014.7%4.2%15.0%3.5%0.0%2.7%-0.2%3.3K-135.3K-9930.21108.48N/AN/A337108214
2024-02-26$35.66$34.0015.6%4.5%15.0%4.9%15.7%1.1%-0.8%-182-105.5K-9927.00103.11N/AN/A1797221
2024-02-27$35.72$34.0015.4%4.4%14.5%4.6%0.0%-0.6%-0.8%933-87.9K-1.0K0.0096.55N/AN/A0097228
2024-02-28$35.64$34.0015.5%4.4%14.4%4.8%0.0%5.5%-0.7%377-80.6K-1.0K0.0097.34N/AN/A12097228
2024-02-29$35.56$34.0015.1%4.3%14.3%4.2%17.7%1.6%-0.8%-31-90.9K-8852.0098.67N/AN/A91898228