EWI Options History — October 2025

In October 2025, EWI traded between $50.39 and $52.61. ATM implied volatility averaged 20.2%, placing in the 14.0% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 6.8% (HV 20d: 13.5%). Max pain ranged from $43.00 to $52.00. Net GEX was positive for 11 of 23 trading days. Term structure was in contango for 18 of 23 days. Put/call ratio averaged 4.78.

Notable Days

  • 2025-10-29: Highest Volume — 66 contracts
  • 2025-10-10: Largest IV spike — 95.6% change
  • 2025-10-13: Highest IV Rank — 35.5%
  • 2025-10-13: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.47$50.39$52.61$52.45$51.83
Max Pain$48.39$43.00$52.00$49.00$50.00
ATM IV20.2%12.9%34.7%17.9%17.9%
Expected Move5.8%3.7%8.4%5.1%5.1%
HV 20d13.5%12.3%14.9%12.5%13.4%
HV 60d14.1%12.7%15.2%15.2%12.7%
IV Rank14.0%3.0%35.5%10.5%10.6%
IV Percentile58.4%9.9%94.0%55.2%52.8%
Term Structure2.6%-5.7%9.8%1.5%-1.8%
VWIV18.2%10.4%26.5%14.4%17.5%
Skew 25d3.9%-2.5%8.4%6.2%0.8%
Skew 10d2.9%-2.4%9.3%-1.8%4.1%
Call IV 25d16.9%10.2%25.2%12.4%16.1%
Put IV 25d20.8%13.9%33.0%18.5%16.9%
Bid-Ask Spread %106.6381.80123.1382.18106.22
Gamma HHI0.150.120.190.160.14
Net GEX-789-8.0K5.9K-1.7K-6.9K
Net DEX-289.6K-433.2K-157.2K-384.1K-198.6K
Net VEX-1.6K-2.0K-1.3K-1.6K-1.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.780.0032.000.0032.00
Total Volume10.17406606
Total OI671.478630736660736

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-10-01$52.45$49.0017.9%5.1%12.5%10.5%0.0%6.2%1.5%-1.7K-384.1K-1.6K0.0082.18N/AN/A00129531
2025-10-02$52.41$49.0013.3%3.8%12.5%3.7%0.0%2.8%7.1%91-400.0K-1.6K0.00111.00N/AN/A30129531
2025-10-03$52.61$49.0013.8%4.0%12.3%4.4%14.4%2.0%2.8%481-433.2K-1.5K0.0081.80N/AN/A180131531
2025-10-06$52.31$43.0016.4%5.2%12.5%8.3%0.0%5.6%6.4%5.5K-409.9K-1.5K0.0084.78N/AN/A00134531
2025-10-07$51.93$43.0017.2%5.3%12.9%9.4%0.0%5.8%-0.9%5.8K-396.4K-1.6K1.0090.14N/AN/A11134531
2025-10-08$52.17$43.0016.9%5.1%13.0%9.0%0.0%7.2%-0.6%5.9K-420.7K-1.5K0.0092.50N/AN/A10135532
2025-10-09$51.03$43.0015.4%5.2%14.3%6.8%0.0%3.6%2.9%1.8K-308.7K-1.8K3.0090.06N/AN/A13135532
2025-10-10$50.39$43.0030.1%7.7%14.9%28.7%26.1%6.8%6.5%2.6K-262.7K-1.8K0.14120.28N/AN/A71134533
2025-10-13$50.50$43.0034.7%8.4%14.1%35.5%0.0%3.3%3.0%3.6K-250.8K-1.7K0.00122.85N/AN/A00138533
2025-10-14$50.72$43.0023.5%7.9%14.2%18.8%18.6%8.2%4.1%4.0K-254.7K-1.8K0.00118.16N/AN/A08138533
2025-10-15$50.41$51.0020.0%5.7%13.2%13.6%0.0%-1.3%9.8%1.8K-223.3K-1.7K0.00120.78N/AN/A00138541
2025-10-16$50.80$51.0024.6%7.1%13.5%20.5%0.0%7.8%2.0%-1.5K-227.5K-2.0K0.00123.13N/AN/A00138540
2025-10-17$50.78$51.0028.7%8.2%13.5%26.6%26.5%3.9%4.3%1.2K-258.8K-1.7K0.00118.17N/AN/A01138540
2025-10-20$51.20$51.0019.7%5.7%13.6%13.2%17.9%2.5%-2.5%-2.1K-256.2K-1.4K4.00100.57N/AN/A14112518
2025-10-21$51.14$51.0018.5%5.3%13.5%11.4%18.1%4.9%1.0%-1.1K-240.2K-1.5K9.00106.45N/AN/A19113518
2025-10-22$50.66$52.0017.2%4.9%13.7%9.5%15.7%6.6%4.6%-5.2K-181.1K-1.5K3.33119.70N/AN/A310114526
2025-10-23$51.22$51.0017.5%5.0%14.1%10.0%14.6%-1.0%-5.7%-2.4K-245.1K-1.5K0.00105.18N/AN/A017120528
2025-10-24$51.26$52.0021.8%6.3%13.4%16.4%0.0%-2.5%6.6%-7.5K-204.6K-1.6K0.00108.45N/AN/A015120545
2025-10-27$51.88$52.0021.6%6.2%14.0%16.0%0.0%-0.7%3.2%-4.8K-277.9K-1.5K0.00117.83N/AN/A042120538
2025-10-28$52.20$52.0025.5%7.3%13.8%21.8%10.4%5.9%0.4%-8.0K-309.5K-1.3K0.10111.06N/AN/A101120580
2025-10-29$52.05$51.0012.9%3.7%13.4%3.0%20.3%8.4%3.6%-4.2K-358.9K-1.4K32.00114.56N/AN/A264130581
2025-10-30$51.84$50.0020.0%5.7%13.5%13.6%0.0%2.0%0.9%-5.5K-157.2K-2.0K0.00106.65N/AN/A04131604
2025-10-31$51.83$50.0017.9%5.1%13.4%10.6%17.5%0.8%-1.8%-6.9K-198.6K-1.7K0.00106.22N/AN/A06131605