EWI Options History — May 2024

In May 2024, EWI traded between $36.69 and $39.36. ATM implied volatility averaged 15.7%, placing in the 7.6% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded above realized volatility by 1.1% (HV 20d: 14.6%). Max pain ranged from $36.00 to $40.00. Net GEX was positive for 3 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 8.17.

Notable Days

  • 2024-05-15: Highest Volume — 76 contracts
  • 2024-05-23: Largest IV spike — 105.5% change
  • 2024-05-23: Highest IV Rank — 28.5%
  • 2024-05-23: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.24$36.69$39.36$36.69$38.77
Max Pain$38.95$36.00$40.00$36.00$39.00
ATM IV15.7%12.6%28.1%16.5%14.4%
Expected Move4.3%3.5%8.0%4.7%4.1%
HV 20d14.6%13.0%16.4%16.4%13.3%
HV 60d13.9%13.3%14.5%14.4%14.0%
IV Rank7.6%2.3%28.5%8.9%5.7%
IV Percentile19.0%0.8%91.3%28.6%9.1%
Term Structure5.3%-15.3%23.6%-2.3%2.4%
VWIV15.7%10.1%22.4%22.4%16.3%
Skew 25d4.0%-0.5%17.3%3.5%9.4%
Skew 10d8.1%-11.9%88.7%2.2%88.7%
Call IV 25d11.7%9.2%15.2%13.5%10.5%
Put IV 25d15.7%12.0%28.0%17.0%20.0%
Bid-Ask Spread %118.25106.90126.38122.97117.96
Gamma HHI0.380.220.620.260.62
Net GEX-22.8K-62.6K11.8K-9.6K-61.4K
Net DEX117.5K-33.6K295.1K161.1K134.6K
Net VEX-1.2K-2.0K-499-1.2K-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio8.170.0058.000.006.67
Total Volume19.818076023
Total OI397.182265518265489

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$36.69$36.0016.5%4.7%16.4%8.9%0.0%3.5%-2.3%-9.6K161.1K-1.2K0.00122.97N/AN/A0057208
2024-05-02$36.86$36.0015.8%4.5%15.9%7.8%0.0%10.3%-2.8%-12.3K120.8K-1.1K0.00124.98N/AN/A0057208
2024-05-03$36.94$36.0014.7%4.2%15.9%5.8%0.0%2.7%-0.3%-12.8K118.4K-1.0K0.00122.53N/AN/A01157208
2024-05-06$37.36$40.0014.6%4.6%16.1%5.8%22.4%2.8%12.2%-4.1K99.0K-1.0K0.00119.31N/AN/A01057208
2024-05-07$37.47$40.0016.2%3.8%15.8%8.3%0.0%2.6%16.2%-1.6K39.5K-5010.00122.06N/AN/A1057218
2024-05-08$37.44$40.0017.2%3.8%15.2%10.0%0.0%2.4%3.2%-5.0K76.7K-8430.00123.99N/AN/A3058218
2024-05-09$37.86$40.0015.0%4.8%15.5%6.4%22.0%4.8%19.4%1.4K62.6K-9420.00115.54N/AN/A05561218
2024-05-10$38.19$40.0013.4%3.5%14.4%3.7%12.8%3.5%17.9%11.8K1.5K-49924.00118.88N/AN/A12461278
2024-05-13$38.30$40.0020.7%5.1%14.4%16.1%0.0%4.9%15.9%-2.0K85.6K-1.1K2.00117.11N/AN/A1262304
2024-05-14$38.84$40.0019.4%4.1%14.4%13.7%12.7%3.1%10.9%2.8K9.8K-95258.00116.05N/AN/A15863306
2024-05-15$39.28$40.0012.8%3.7%14.6%2.7%13.2%-0.5%12.7%-20.3K8.1K-1.0K0.85113.48N/AN/A413563363
2024-05-16$39.22$39.0014.3%4.1%14.7%5.2%12.5%2.4%21.0%-27.0K8.9K-1.5K0.54109.54N/AN/A241384398
2024-05-17$39.36$39.0012.6%3.6%14.7%2.3%17.6%0.9%23.6%-12.0K-33.6K-1.2K0.00106.90N/AN/A017107411
2024-05-20$39.03$39.0014.8%4.3%14.9%6.1%10.1%2.7%-1.8%-34.4K164.2K-1.7K6.75110.51N/AN/A42768414
2024-05-21$38.86$39.0014.7%4.2%13.2%5.8%0.0%4.4%-3.8%-41.1K149.2K-1.4K5.00116.21N/AN/A1571398
2024-05-22$38.39$39.0013.7%3.9%13.8%4.1%11.1%2.6%-3.6%-62.6K229.6K-1.4K2.33116.17N/AN/A3772403
2024-05-23$38.25$39.0028.1%8.0%13.4%28.5%0.0%17.3%-15.3%-33.0K277.7K-2.0K0.00126.38N/AN/A0075410
2024-05-24$38.63$39.0013.4%3.8%13.7%3.6%0.0%3.5%-1.7%-45.6K172.9K-1.4K0.00120.48N/AN/A2075410
2024-05-28$38.80$39.0013.9%4.0%13.7%4.7%21.9%0.4%-1.7%-32.9K186.2K-1.6K0.00114.92N/AN/A0177410
2024-05-29$38.16$39.0015.0%4.3%13.0%6.7%16.3%2.4%-2.8%-48.6K295.1K-1.6K0.00120.61N/AN/A06577411
2024-05-30$38.53$39.0014.2%4.1%13.3%5.3%0.0%2.6%-1.6%-51.8K217.9K-1.5K0.00124.93N/AN/A1077411
2024-05-31$38.77$39.0014.4%4.1%13.3%5.7%0.0%9.4%2.4%-61.4K134.6K-1.2K6.67117.96N/AN/A32078411