EB Options History — December 2018

In December 2018, EB traded between $26.09 and $32.82. ATM implied volatility averaged 70.7%. The 30-day expected move averaged 20.0%. IV traded below realized volatility by 12.1% (HV 20d: 82.7%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 2.29.

Notable Days

  • 2018-12-24: Highest Volume — 434 contracts
  • 2018-12-21: Largest IV spike — 8.8% change
  • 2018-12-05: Largest Expected Move — 21.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.78$26.09$32.82$28.45$27.69
Max Pain$35.00$35.00$35.00$35.00$35.00
ATM IV70.7%63.3%75.5%68.9%71.0%
Expected Move20.0%18.2%21.6%19.8%20.4%
HV 20d82.7%79.5%86.6%79.5%80.1%
Term Structure2.8%-5.8%8.3%-0.3%1.9%
VWIV67.1%59.3%75.3%70.1%75.3%
Skew 25d8.8%4.1%14.1%14.1%7.8%
Skew 10d17.6%11.1%22.4%19.4%19.0%
Call IV 25d66.2%61.3%72.0%67.0%70.3%
Put IV 25d75.0%65.4%85.7%81.1%78.1%
Bid-Ask Spread %57.4441.3979.9967.4246.26
Gamma HHI0.270.210.360.230.21
Net GEX21.5K3.0K57.3K9.3K5.3K
Net DEX901.5K282.7K2.1M1.3M665.8K
Net VEX-6.1K-8.2K-3.2K-7.4K-3.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.290.0516.000.180.18
Total Volume163174342626
Total OI3,785.752,6994,2254,0542,764

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-12-03$28.45$35.0068.9%19.8%0.0%0.0%70.1%14.1%-0.3%9.3K1.3M-7.4K0.1867.42N/AN/A2242,6791,375
2018-12-04$28.70$35.0070.2%20.1%0.0%0.0%70.4%5.7%-2.4%8.9K1.3M-7.1K0.0558.11N/AN/A187102,6881,376
2018-12-05$28.82$35.0075.5%21.6%0.0%0.0%73.6%13.7%-5.8%9.4K1.3M-7.1K0.0663.93N/AN/A187122,6881,376
2018-12-06$29.06$35.0074.5%19.9%0.0%0.0%71.3%8.9%3.7%13.2K1.1M-7.3K2.5441.39N/AN/A28712,7091,384
2018-12-07$29.74$35.0073.0%20.1%0.0%0.0%65.0%9.3%4.2%15.1K1.0M-7.5K0.5646.10N/AN/A134752,7081,407
2018-12-10$31.68$35.0075.2%19.5%0.0%0.0%67.5%7.9%5.7%36.4K446.1K-8.2K2.0748.33N/AN/A44912,7051,413
2018-12-11$30.99$35.0073.5%19.6%0.0%0.0%68.5%8.4%4.3%30.5K717.0K-7.7K2.4652.23N/AN/A35862,6831,383
2018-12-12$32.08$35.0067.8%19.4%0.0%0.0%68.3%8.9%3.8%44.1K357.0K-8.1K1.6958.62N/AN/A32542,6771,406
2018-12-13$31.61$35.0065.3%18.7%0.0%0.0%59.3%7.5%7.5%35.6K663.4K-7.2K0.2451.57N/AN/A115282,6741,408
2018-12-14$31.94$35.0066.5%19.1%0.0%0.0%67.3%7.4%5.5%44.6K459.4K-7.5K1.9851.14N/AN/A611212,7231,407
2018-12-17$30.71$35.0067.6%19.4%0.0%0.0%65.7%7.0%3.0%22.0K989.1K-6.1K16.0066.10N/AN/A1162,7271,430
2018-12-18$32.41$35.0069.5%19.9%0.0%0.0%66.1%7.4%1.1%48.3K421.1K-7.1K0.5266.18N/AN/A33172,7271,443
2018-12-19$32.82$35.0063.3%18.2%0.0%0.0%63.2%4.1%7.9%57.3K282.7K-7.0K1.4279.99N/AN/A36512,7161,442
2018-12-20$28.51$35.0068.0%19.5%79.5%0.0%64.3%9.2%8.3%8.9K1.9M-4.4K1.8367.11N/AN/A1512762,7171,473
2018-12-21$26.09$35.0073.9%21.2%83.5%0.0%70.8%6.2%3.9%3.0K2.1M-3.3K1.7161.40N/AN/A681162,7291,496
2018-12-24$27.96$35.0071.8%20.6%86.6%0.0%74.8%8.9%0.7%7.9K1.2M-4.1K6.7547.29N/AN/A563782,021935
2018-12-26$28.75$35.0074.2%21.3%85.0%0.0%59.3%11.2%0.2%10.5K674.9K-4.0K1.8050.36N/AN/A701262,035755
2018-12-27$29.26$35.0073.2%21.0%83.0%0.0%61.6%11.8%0.6%11.2K439.4K-4.0K1.4258.18N/AN/A951352,010689
2018-12-28$28.31$35.0070.7%20.3%81.5%0.0%60.2%10.1%2.7%8.4K554.4K-3.6K2.3167.02N/AN/A641482,045692
2018-12-31$27.69$35.0071.0%20.4%80.1%0.0%75.3%7.8%1.9%5.3K665.8K-3.2K0.1846.26N/AN/A2242,057707