EB Options History — March 2019

In March 2019, EB traded between $19.15 and $32.12. ATM implied volatility averaged 66.0%. The 30-day expected move averaged 19.4%. IV traded below realized volatility by 23.0% (HV 20d: 89.0%). Max pain ranged from $20.00 to $30.00. Net GEX was positive for 6 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 1.09.

Notable Days

  • 2019-03-08: Highest Volume — 4,857 contracts
  • 2019-03-08: Largest IV drop — 44.1% change
  • 2019-03-07: Largest Expected Move — 32.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.92$19.15$32.12$30.50$19.15
Max Pain$26.50$20.00$30.00$30.00$20.00
ATM IV66.0%52.3%112.2%79.4%52.3%
Expected Move19.4%15.4%32.2%22.8%15.5%
HV 20d89.0%31.7%108.3%32.9%106.3%
HV 60d69.1%52.9%78.4%52.9%69.4%
Term Structure-0.1%-19.5%6.6%-19.5%1.5%
VWIV66.5%47.7%110.8%79.5%47.7%
Skew 25d2.5%-2.2%11.3%11.3%1.3%
Skew 10d5.7%-12.7%38.8%38.8%-0.8%
Call IV 25d59.1%51.1%75.2%75.2%51.1%
Put IV 25d61.5%52.5%86.4%86.4%52.5%
Bid-Ask Spread %38.5011.2265.5253.7652.88
Gamma HHI0.430.310.860.390.37
Net GEX-65.4K-416.7K31.3K13.5K-102.8K
Net DEX1.8M-655.3K4.8M-118.1K4.8M
Net VEX-10.9K-19.5K-3.9K-4.3K-16.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.090.112.251.181.08
Total Volume1,143.524984,85798738
Total OI5,485.2861,4699,2711,4699,271

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$30.50$30.0079.4%22.8%32.9%0.0%79.5%11.3%-19.5%13.5K-118.1K-4.3K1.1853.76N/AN/A4553788681
2019-03-04$31.97$30.0089.3%25.6%36.6%0.0%84.3%7.5%-6.1%23.8K-443.0K-4.5K0.1156.03N/AN/A18019813713
2019-03-05$32.05$30.0094.2%27.0%31.7%0.0%91.0%6.8%-3.4%29.0K-544.6K-4.6K0.2865.52N/AN/A11231902721
2019-03-06$31.65$30.0095.1%27.3%31.8%0.0%95.0%8.0%-5.0%27.6K-457.8K-4.6K0.5260.08N/AN/A9047966746
2019-03-07$32.12$30.00112.2%32.2%32.0%0.0%110.8%9.5%-10.0%31.3K-655.3K-4.9K0.7753.26N/AN/A7115491,015764
2019-03-08$24.26$30.0062.7%18.0%105.2%0.0%62.5%2.7%3.7%-115.0K2.4M-3.9K1.1520.76N/AN/A2,2572,6001,5071,989
2019-03-11$22.86$30.0067.5%18.9%105.7%0.0%65.0%-0.8%2.4%-67.6K2.1M-8.4K0.9111.54N/AN/A8017293,3442,190
2019-03-12$22.97$30.0059.8%18.4%105.5%0.0%63.2%0.2%3.7%-59.4K1.7M-10.1K1.2211.22N/AN/A1471803,7842,296
2019-03-13$23.27$30.0055.5%17.9%106.0%0.0%62.3%0.0%6.3%-56.5K1.6M-10.6K1.0314.17N/AN/A4224333,8462,355
2019-03-14$22.97$30.0056.5%17.5%105.8%0.0%63.4%2.5%4.2%-68.8K1.8M-10.6K0.4011.79N/AN/A5052033,8932,489
2019-03-15$22.56$30.0054.7%17.4%105.0%0.0%60.8%1.4%6.6%-416.7K1.7M-10.1K0.8514.34N/AN/A5094334,0032,531
2019-03-18$22.18$0.0052.8%16.1%105.0%0.0%56.1%0.3%3.3%7.6K340.5K-9.7K1.2336.85N/AN/A1331642,8841,295
2019-03-19$20.78$22.5054.4%16.3%106.4%0.0%55.5%1.8%2.9%-4.9K866.8K-8.6K1.9440.95N/AN/A6851,3322,9021,381
2019-03-20$20.05$22.5055.0%16.3%106.2%0.0%56.9%-0.9%2.2%-39.0K1.6M-11.0K2.0344.85N/AN/A8171,6623,2992,282
2019-03-21$20.89$22.5058.4%16.5%108.3%0.0%57.5%0.8%-0.9%-64.1K2.3M-17.2K2.2540.78N/AN/A7741,7393,8113,381
2019-03-22$21.18$22.5058.8%17.1%108.0%0.0%58.6%-0.6%1.7%-96.8K2.8M-19.5K1.0642.90N/AN/A9591,0163,9344,126
2019-03-25$21.12$22.5062.4%17.6%107.9%0.0%60.3%0.6%-0.8%-98.8K3.1M-18.9K0.5038.62N/AN/A2191104,0964,164
2019-03-26$20.59$22.5057.1%16.6%107.8%0.0%58.1%0.8%0.8%-108.4K3.7M-17.8K1.4940.90N/AN/A2573834,1454,245
2019-03-27$19.94$22.5054.3%16.5%107.6%0.0%57.0%1.3%2.9%-108.6K4.3M-16.9K1.2644.13N/AN/A4806074,2524,386
2019-03-28$19.29$22.5053.3%15.4%107.6%0.0%51.6%-2.2%0.4%-99.4K4.6M-16.3K1.6453.11N/AN/A3355484,5684,433
2019-03-29$19.15$20.0052.3%15.5%106.3%0.0%47.7%1.3%1.5%-102.8K4.8M-16.5K1.0852.88N/AN/A3553834,6664,605