EWI Options History — July 2024

In July 2024, EWI traded between $36.25 and $38.14. ATM implied volatility averaged 15.1%, placing in the 6.8% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded below realized volatility by 3.6% (HV 20d: 18.7%). Max pain ranged from $38.00 to $39.00. Net GEX was positive for 1 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 1.36.

Notable Days

  • 2024-07-22: Highest Volume — 27 contracts
  • 2024-07-17: Largest IV spike — 34.0% change
  • 2024-07-05: Highest IV Rank — 13.8%
  • 2024-07-01: Largest Expected Move — 5.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.29$36.25$38.14$36.44$37.20
Max Pain$38.23$38.00$39.00$39.00$38.00
ATM IV15.1%11.9%18.9%18.9%14.0%
Expected Move4.3%3.4%5.4%5.4%4.0%
HV 20d18.7%13.1%26.2%25.4%13.1%
HV 60d18.7%18.3%19.0%18.9%18.3%
IV Rank6.8%1.1%13.8%13.6%4.9%
IV Percentile24.2%0.8%62.3%62.3%9.9%
Term Structure12.6%-9.0%35.5%-3.5%-1.9%
VWIV15.9%12.6%18.7%18.7%12.6%
Skew 25d3.8%-0.2%11.1%5.0%2.3%
Skew 10d1.3%-6.5%4.7%1.9%2.2%
Call IV 25d12.5%10.4%19.5%13.5%13.3%
Put IV 25d16.3%13.2%21.8%18.5%15.6%
Bid-Ask Spread %118.97110.16126.15115.53120.39
Gamma HHI0.240.210.280.210.23
Net GEX-5.4K-14.5K651-3.7K-12.8K
Net DEX-45.2K-156.5K20.4K8.7K-23.2K
Net VEX-2.1K-2.3K-1.9K-2.2K-2.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.360.005.002.000.00
Total Volume5.22702701
Total OI370.227301404386350

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$36.44$39.0018.9%5.4%25.4%13.6%0.0%5.0%-3.5%-3.7K8.7K-2.2K0.00115.53N/AN/A00142244
2024-07-02$36.25$39.0015.4%4.4%25.2%7.4%0.0%3.0%-6.0%-2.7K20.4K-2.1K0.00111.10N/AN/A00142244
2024-07-03$36.67$39.0018.6%5.3%25.6%13.1%0.0%6.0%-8.2%6518.8K-2.1K2.00110.16N/AN/A12142245
2024-07-05$36.95$0.0018.9%4.4%25.8%13.8%0.0%7.3%9.3%-1.9K-24.3K-2.2K0.00113.43N/AN/A012143247
2024-07-08$36.81$0.0013.1%5.2%25.7%3.3%0.0%5.9%10.3%-364-13.6K-2.1K0.50110.94N/AN/A21143242
2024-07-09$36.70$0.0013.2%3.8%25.4%3.4%0.0%3.5%32.5%-1.6K-1.7K-2.2K0.00122.11N/AN/A00143243
2024-07-10$37.30$0.0012.0%3.4%26.2%1.3%0.0%1.2%33.3%-2.2K-38.8K-2.1K0.00116.74N/AN/A00143243
2024-07-11$37.47$0.0013.9%4.0%21.0%4.7%0.0%3.8%31.7%-2.7K-101.6K-2.0K0.00120.02N/AN/A00143243
2024-07-12$37.80$0.0014.9%4.3%20.6%6.5%0.0%11.1%29.9%-3.5K-97.3K-2.1K0.00116.55N/AN/A02143243
2024-07-15$37.53$0.0014.5%4.2%19.0%5.9%0.0%6.0%34.9%-1.5K-71.6K-2.1K0.00119.26N/AN/A00143245
2024-07-16$37.75$0.0013.0%3.7%14.8%3.1%0.0%5.0%32.9%-3.0K-66.3K-2.0K0.00122.28N/AN/A01143245
2024-07-17$37.73$0.0017.4%5.0%14.4%11.0%18.7%4.7%30.6%-3.1K-61.0K-1.9K0.00116.06N/AN/A06143246
2024-07-18$37.67$38.0015.1%4.3%14.3%7.0%18.7%2.6%35.5%-4.3K-68.3K-2.1K2.00120.33N/AN/A36143252
2024-07-19$37.47$38.0014.2%4.1%14.3%5.3%0.0%1.9%29.6%-3.9K-14.6K-2.1K0.00123.66N/AN/A00146258
2024-07-22$38.14$38.0017.2%4.9%14.8%10.6%13.5%2.0%-9.0%-2.5K-156.5K-1.9K0.00119.75N/AN/A027136165
2024-07-23$37.81$38.0011.9%3.4%14.4%1.1%0.0%2.4%-0.6%-14.5K-57.6K-2.0K0.00119.41N/AN/A00136191
2024-07-24$37.55$38.0015.7%4.5%14.5%8.0%12.6%-0.2%-0.4%-11.4K-72.8K-2.1K5.00119.53N/AN/A315136191
2024-07-25$37.23$38.0015.6%4.5%14.5%7.8%0.0%1.8%-4.3%-12.2K-9.3K-2.3K0.00123.79N/AN/A00139202
2024-07-26$37.48$38.0015.0%4.3%14.2%6.8%0.0%3.3%0.8%-13.2K-47.0K-2.3K0.00125.83N/AN/A150139202
2024-07-29$37.16$38.0014.7%4.2%14.6%6.2%0.0%2.0%-2.7%-9.3K-46.6K-2.2K0.00124.41N/AN/A80154202
2024-07-30$37.22$38.0014.3%4.1%13.3%5.5%0.0%2.3%2.4%-10.2K-60.3K-2.3K0.00126.15N/AN/A100158202
2024-07-31$37.20$38.0014.0%4.0%13.1%4.9%0.0%2.3%-1.9%-12.8K-23.2K-2.1K0.00120.39N/AN/A01148202