EWI Options History — November 2024

In November 2024, EWI traded between $35.74 and $38.25. ATM implied volatility averaged 30.4%, placing in the 69.8% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded above realized volatility by 15.3% (HV 20d: 15.0%). Max pain ranged from $34.00 to $35.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 6.33.

Notable Days

  • 2024-11-12: Highest Volume — 653 contracts
  • 2024-11-12: Largest IV spike — 54.6% change
  • 2024-11-19: Highest IV Rank — 100.0%
  • 2024-11-29: Largest Expected Move — 14.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.72$35.74$38.25$38.20$36.28
Max Pain$34.15$34.00$35.00$34.00$35.00
ATM IV30.4%14.0%50.9%22.1%50.9%
Expected Move9.6%6.1%14.6%6.3%14.6%
HV 20d15.0%11.5%16.7%11.6%15.7%
HV 60d14.9%14.1%15.5%14.1%14.6%
IV Rank69.8%12.5%100.0%46.8%100.0%
IV Percentile90.8%21.0%100.0%94.8%100.0%
Term Structure3.1%-19.9%29.8%-2.7%-19.9%
VWIV36.0%18.6%78.2%24.2%45.7%
Skew 25d27.7%3.1%82.0%6.3%82.0%
Skew 10d26.0%-1.4%72.2%6.2%71.0%
Call IV 25d20.6%14.4%42.0%16.0%16.8%
Put IV 25d48.3%21.9%98.8%22.2%98.8%
Bid-Ask Spread %130.97109.70139.27122.31131.55
Gamma HHI0.350.250.460.310.36
Net GEX6.6K78513.4K8.9K5.9K
Net DEX-35.7K-185.1K63.5K-177.1K5.8K
Net VEX-1.3K-1.5K-1.1K-1.5K-1.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.330.0055.500.0055.50
Total Volume60.106530113
Total OI1,416.253483,0392,021387

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$38.20$34.0022.1%6.3%11.6%46.8%0.0%6.3%-2.7%8.9K-177.1K-1.5K0.00122.31N/AN/A005931,428
2024-11-04$38.23$34.0019.7%7.3%11.6%36.8%0.0%12.6%0.3%8.1K-167.4K-1.5K0.00121.69N/AN/A005931,428
2024-11-05$38.25$34.0021.2%6.8%11.5%43.0%0.0%9.4%-4.8%12.4K-185.1K-1.3K0.00128.56N/AN/A105931,428
2024-11-06$37.20$34.0015.5%8.7%15.3%18.8%0.0%15.6%-2.5%13.4K-88.6K-1.3K0.00130.17N/AN/A005941,428
2024-11-07$37.38$34.0021.8%9.5%15.4%45.6%0.0%46.9%21.0%5.9K-105.0K-1.4K0.00135.33N/AN/A005941,428
2024-11-08$37.02$34.0014.0%8.6%15.3%12.5%0.0%23.4%21.6%3.4K-103.6K-1.5K0.00135.17N/AN/A005941,428
2024-11-11$37.17$34.0018.4%10.3%14.9%31.0%0.0%6.3%12.1%5.7K-83.2K-1.3K0.00125.66N/AN/A105941,428
2024-11-12$36.27$34.0028.4%6.1%16.7%73.6%24.2%7.5%-8.1%9.5K-3.5K-1.2K0.29126.72N/AN/A5071465941,428
2024-11-13$36.25$34.0033.6%9.6%16.4%95.6%0.0%3.1%23.3%6.5K-13.2K-1.3K0.22135.02N/AN/A300661,0991,573
2024-11-14$36.58$34.0030.8%8.8%16.4%84.0%0.0%10.1%27.3%3.5K-29.1K-1.3K0.00136.47N/AN/A101,3991,639
2024-11-15$36.55$34.0030.6%8.8%16.0%83.2%0.0%6.9%29.8%7.3K-19.3K-1.2K0.00133.66N/AN/A011,4001,639
2024-11-18$36.61$34.0028.5%8.2%15.8%74.1%21.3%16.2%-1.7%11.0K-1.7K-1.1K0.00128.64N/AN/A20146202
2024-11-19$36.31$34.0041.0%11.7%15.8%100.0%27.8%10.4%-8.6%5.3K23.0K-1.2K0.00109.70N/AN/A034146202
2024-11-20$36.22$34.0036.6%10.5%15.8%85.3%0.0%8.1%-3.0%78520.6K-1.4K0.00131.22N/AN/A00146233
2024-11-21$35.97$34.0037.3%10.7%15.6%87.6%0.0%60.9%-3.7%4.5K46.7K-1.3K1.00136.74N/AN/A55146233
2024-11-22$36.00$34.0037.6%10.8%15.7%88.7%0.0%54.4%-5.0%4.3K29.8K-1.4K0.00136.19N/AN/A00151238
2024-11-25$36.08$34.0040.1%11.5%14.8%97.0%18.6%49.1%-6.2%5.0K33.2K-1.4K0.00139.27N/AN/A40151238
2024-11-26$35.74$35.0039.1%11.2%14.9%93.8%0.0%61.6%-4.6%4.8K63.5K-1.3K0.00138.05N/AN/A00154238
2024-11-27$36.00$35.0040.4%11.6%15.2%97.9%78.2%63.0%-2.6%5.1K39.5K-1.3K0.00137.18N/AN/A016154238
2024-11-29$36.28$35.0050.9%14.6%15.7%100.0%45.7%82.0%-19.9%5.9K5.8K-1.3K55.50131.55N/AN/A2111154233