EWI Options History — April 2024

In April 2024, EWI traded between $35.77 and $37.69. ATM implied volatility averaged 18.0%, placing in the 9.8% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 4.1% (HV 20d: 13.9%). Max pain ranged from $35.00 to $38.00. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 1.70.

Notable Days

  • 2024-04-05: Highest Volume — 28 contracts
  • 2024-04-24: Largest IV spike — 49.5% change
  • 2024-04-10: Highest IV Rank — 17.5%
  • 2024-04-10: Largest Expected Move — 6.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.84$35.77$37.69$37.69$36.56
Max Pain$36.41$35.00$38.00$35.00$37.00
ATM IV18.0%11.3%22.7%14.3%18.1%
Expected Move5.0%3.2%6.5%4.1%5.2%
HV 20d13.9%11.3%16.7%11.3%16.7%
HV 60d13.5%13.0%14.4%13.0%14.4%
IV Rank9.8%0.0%17.5%2.9%11.6%
IV Percentile37.1%0.0%71.0%5.2%40.5%
Term Structure11.4%-4.2%35.3%-0.4%4.0%
VWIV22.4%17.1%37.1%21.9%19.8%
Skew 25d3.2%-1.8%10.2%5.2%3.0%
Skew 10d7.6%1.2%14.6%3.9%10.0%
Call IV 25d15.3%11.5%18.9%11.5%18.9%
Put IV 25d18.5%13.5%24.0%16.7%21.9%
Bid-Ask Spread %109.22104.21114.50110.45109.37
Gamma HHI0.270.170.480.190.23
Net GEX7.6K-16.3K31.2K8.4K-16.3K
Net DEX6.2K-196.4K195.3K-196.4K195.3K
Net VEX-1.4K-1.7K-1.1K-1.4K-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.700.003.503.502.00
Total Volume11.5450281011
Total OI324.182259373341274

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$37.69$35.0014.3%4.1%11.3%2.9%0.0%5.2%-0.4%8.4K-196.4K-1.4K0.00110.45N/AN/A010138203
2024-04-02$37.20$35.0017.7%5.1%12.6%8.3%0.0%3.9%0.2%8.7K-129.0K-1.5K0.00108.56N/AN/A022138213
2024-04-03$37.55$35.0015.8%4.5%12.8%5.2%0.0%3.3%0.0%5.6K-193.9K-1.3K0.00108.06N/AN/A08138213
2024-04-04$37.08$38.0018.6%4.5%13.0%9.7%0.0%4.2%23.3%10.5K-99.5K-1.7K0.00112.77N/AN/A020138221
2024-04-05$37.05$38.0017.6%4.7%13.0%8.3%0.0%3.0%4.3%11.4K-103.1K-1.5K0.00109.28N/AN/A028138208
2024-04-08$37.39$38.0022.4%4.9%13.3%16.0%0.0%-1.3%2.8%8.5K-145.0K-1.5K0.00109.25N/AN/A012138208
2024-04-09$37.08$38.0017.5%5.0%13.7%8.6%0.0%6.5%4.1%10.9K-116.5K-1.5K0.00111.24N/AN/A04138210
2024-04-10$36.66$38.0022.7%6.5%13.8%17.5%0.0%7.5%-4.2%12.7K-74.2K-1.4K0.00105.08N/AN/A00138210
2024-04-11$36.53$38.0016.6%4.8%13.6%7.0%0.0%1.4%5.1%14.9K-34.2K-1.4K0.00108.74N/AN/A018138210
2024-04-12$36.00$38.0022.1%6.3%14.1%16.4%21.9%4.3%30.3%19.3K40.0K-1.4K0.00104.21N/AN/A021137196
2024-04-15$36.00$35.0020.9%6.0%13.7%14.5%0.0%5.3%30.3%25.7K36.1K-1.3K0.00105.49N/AN/A00137197
2024-04-16$35.77$35.0019.9%5.7%13.8%12.7%22.9%4.8%33.9%25.7K70.5K-1.4K0.00112.28N/AN/A022137197
2024-04-17$36.05$35.0019.7%5.6%13.8%12.3%0.0%1.7%35.2%29.2K22.5K-1.4K3.50110.64N/AN/A27137219
2024-04-18$36.11$35.0016.4%4.7%12.7%6.6%0.0%2.0%35.3%31.2K22.2K-1.5K0.00107.55N/AN/A08139226
2024-04-19$36.34$35.0020.5%5.9%12.7%13.7%37.1%5.4%30.0%25.9K-16.3K-1.4K0.00105.78N/AN/A220139234
2024-04-22$36.80$35.0016.4%4.7%13.6%6.6%0.0%1.3%2.8%-9.0K171.8K-1.4K2.00114.50N/AN/A2452210
2024-04-23$37.63$35.0011.3%3.2%15.4%0.0%19.8%-0.6%4.9%-8.1K113.5K-1.2K0.00107.07N/AN/A01050209
2024-04-24$37.36$37.0016.8%4.8%15.6%9.4%17.1%1.8%1.9%-10.3K139.1K-1.3K1.00112.24N/AN/A6650219
2024-04-25$37.03$37.0017.6%5.1%15.7%10.8%0.0%-1.8%2.3%-11.9K172.1K-1.4K0.00107.58N/AN/A0056225
2024-04-26$37.22$37.0015.4%4.4%15.8%7.0%0.0%-1.5%2.9%-11.8K142.9K-1.2K0.00112.79N/AN/A0856225
2024-04-29$37.30$37.0017.7%5.1%15.8%10.9%18.2%10.2%1.9%-14.1K119.0K-1.1K2.00109.99N/AN/A1256217
2024-04-30$36.56$37.0018.1%5.2%16.7%11.6%19.8%3.0%4.0%-16.3K195.3K-1.2K0.00109.37N/AN/A01157217