EWI Options History — December 2024

In December 2024, EWI traded between $35.55 and $37.75. ATM implied volatility averaged 24.9%, placing in the 34.8% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 9.2% (HV 20d: 15.7%). Max pain ranged from $35.00 to $37.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 14.23.

Notable Days

  • 2024-12-23: Highest Volume — 2,000 contracts
  • 2024-12-09: Largest IV spike — 75.1% change
  • 2024-12-02: Highest IV Rank — 89.4%
  • 2024-12-02: Largest Expected Move — 13.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.63$35.55$37.75$36.25$36.04
Max Pain$36.71$35.00$37.00$35.00$37.00
ATM IV24.9%14.4%46.7%46.7%14.4%
Expected Move7.1%4.1%13.4%13.4%4.1%
HV 20d15.7%12.0%17.7%15.4%17.2%
HV 60d15.2%14.3%16.4%14.4%14.8%
IV Rank34.8%8.2%89.4%89.4%8.2%
IV Percentile77.9%25.4%99.6%99.6%25.4%
Term Structure5.6%-11.4%24.0%-5.0%-1.5%
VWIV41.9%11.6%81.8%51.9%78.9%
Skew 25d11.5%-9.7%73.7%73.7%2.7%
Skew 10d22.0%-10.1%107.4%92.0%1.9%
Call IV 25d18.0%10.8%53.2%35.1%11.3%
Put IV 25d29.5%10.0%108.9%108.9%14.1%
Bid-Ask Spread %114.9390.66142.22137.5590.74
Gamma HHI0.470.270.680.280.56
Net GEX22.7K-42347.8K-42336.2K
Net DEX-31.7K-165.2K106.8K106.8K-5.5K
Net VEX-1.3K-1.7K-1.1K-1.6K-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio14.230.00150.2510.500.39
Total Volume264.8102,00001,416
Total OI1,442.2383862,7625002,762

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-12-02$36.25$35.0046.7%13.4%15.4%89.4%0.0%73.7%-5.0%-423106.8K-1.6K0.00137.55N/AN/A00156344
2024-12-03$36.58$35.0046.3%13.3%15.9%88.4%51.9%13.2%-8.4%-16169.9K-1.5K10.50142.22N/AN/A221154344
2024-12-04$36.78$35.0045.2%12.9%16.1%85.5%0.0%-4.6%-5.6%19.8K-37.0K-1.1K0.23124.75N/AN/A493111156340
2024-12-05$37.63$37.0016.7%5.9%15.4%14.1%0.0%-1.5%3.7%11.7K-114.7K-1.3K13.00117.27N/AN/A226649450
2024-12-06$37.75$37.0017.6%4.5%15.3%16.3%35.8%15.3%19.7%28.2K-131.0K-1.1K3.33128.40N/AN/A310651471
2024-12-09$37.37$37.0030.8%4.9%15.3%49.4%0.0%8.5%12.6%27.5K-61.4K-1.1K0.89122.52N/AN/A10190654481
2024-12-10$37.39$37.0022.1%9.1%15.3%27.7%0.0%10.7%17.8%30.1K-162.7K-1.6K1.50122.46N/AN/A46755567
2024-12-11$37.55$37.0033.1%9.5%12.2%55.3%0.0%18.7%-4.1%32.4K-146.7K-1.6K0.00124.16N/AN/A00755573
2024-12-12$37.45$37.0032.8%9.4%12.3%54.6%0.0%33.0%17.4%13.9K-157.5K-1.7K1.00116.67N/AN/A11755573
2024-12-13$37.63$37.0030.6%8.8%12.0%49.0%0.0%-9.7%-2.4%47.8K-165.2K-1.3K0.00119.30N/AN/A00756574
2024-12-16$37.47$37.0025.6%7.3%12.2%36.5%0.0%33.3%19.5%25.2K-147.9K-1.5K0.00116.13N/AN/A20756574
2024-12-17$36.50$37.0016.2%4.7%15.6%12.9%0.0%13.4%24.0%24.1K-44.6K-1.5K0.00104.30N/AN/A020754574
2024-12-18$35.61$37.0020.4%5.8%17.7%23.3%0.0%10.8%18.1%18.7K56.9K-1.4K0.00112.14N/AN/A00754574
2024-12-19$35.55$37.0018.7%5.4%17.7%19.1%0.0%14.0%21.0%17.8K81.0K-1.4K0.00113.93N/AN/A00754574
2024-12-20$35.67$37.0020.5%5.9%17.6%23.8%18.7%11.2%22.4%18.8K51.3K-1.4K0.03109.20N/AN/A34211754574
2024-12-23$35.77$37.0016.3%4.7%17.6%13.2%81.8%-1.8%-1.7%19.8K59.3K-1.2K3.85111.83N/AN/A4121,588200186
2024-12-24$35.97$37.0019.2%5.5%17.7%20.3%11.6%1.7%-4.0%25.2K22.1K-1.2K0.0390.66N/AN/A24586121,763
2024-12-26$36.19$37.0016.8%4.8%17.5%14.3%23.4%-1.9%-11.4%23.1K268-1.2K0.00109.51N/AN/A0418571,771
2024-12-27$36.00$37.0017.0%4.9%17.4%14.9%0.0%-2.7%-6.8%27.4K51.6K-1.1K0.00103.90N/AN/A008571,812
2024-12-30$36.08$37.0016.5%4.7%17.2%13.6%33.0%4.4%-8.5%30.2K10.3K-1.1K150.2595.89N/AN/A46018571,810
2024-12-31$36.04$37.0014.4%4.1%17.2%8.2%78.9%2.7%-1.5%36.2K-5.5K-1.2K0.3990.74N/AN/A1,0213958611,901