Once you construct your ellipse you can use regionprops() function to get properties of the ellipse object.
s = regionprops(bw, 'Orientation', 'MajorAxisLength', ...
'MinorAxisLength', 'Eccentricity')
For more on how to contruct your object read http://blogs.mathworks.com/steve/2010/07/30/visualizing-regionprops-ellipse-measurements/