EB Options History — April 2019

In April 2019, EB traded between $20.26 and $24.94. ATM implied volatility averaged 66.2%. The 30-day expected move averaged 19.9%. IV traded above realized volatility by 6.8% (HV 20d: 59.3%). Max pain ranged from $20.00 to $22.50. Net GEX was positive for 8 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.98.

Notable Days

  • 2019-04-12: Highest Volume — 1,578 contracts
  • 2019-04-10: Largest IV spike — 30.3% change
  • 2019-04-30: Largest Expected Move — 23.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.71$20.26$24.94$20.26$24.94
Max Pain$20.95$20.00$22.50$20.00$22.50
ATM IV66.2%50.1%82.1%52.9%82.1%
Expected Move19.9%15.2%23.5%15.2%23.5%
HV 20d59.3%43.1%108.6%107.2%43.1%
HV 60d70.5%69.0%72.5%70.6%72.5%
Term Structure-12.1%-23.1%-0.2%-0.7%-23.1%
VWIV69.6%52.6%82.8%53.1%82.8%
Skew 25d1.9%-0.7%13.8%3.5%1.5%
Skew 10d6.5%-4.6%33.0%23.4%3.6%
Call IV 25d69.5%53.6%83.6%54.8%83.6%
Put IV 25d71.4%55.3%85.1%58.3%85.1%
Bid-Ask Spread %48.2040.3765.9755.9641.82
Gamma HHI0.310.190.500.330.24
Net GEX-60.4K-160.6K60.0K-121.8K60.0K
Net DEX1.2M-2.7M3.7M3.7M-2.7M
Net VEX-20.0K-22.3K-17.1K-19.0K-22.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.980.372.492.490.81
Total Volume537.6672011,578495373
Total OI8,549.815,80010,5319,4326,476

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$20.26$20.0052.9%15.2%107.2%0.0%53.1%3.5%-0.7%-121.8K3.7M-19.0K2.4955.96N/AN/A1423534,7174,715
2019-04-02$20.82$20.0053.0%15.2%108.3%0.0%52.6%1.7%-0.2%-115.2K2.9M-19.9K1.3457.44N/AN/A1622174,7984,525
2019-04-03$20.87$20.0054.8%19.2%108.6%0.0%66.4%0.7%-9.1%-109.3K2.7M-19.7K0.3741.29N/AN/A3031124,8284,421
2019-04-04$20.70$20.0053.5%19.2%107.9%0.0%66.9%1.0%-8.8%-108.7K2.9M-18.9K0.7140.37N/AN/A131934,8924,367
2019-04-05$20.89$20.0050.1%18.9%48.5%0.0%66.1%0.1%-7.3%-115.1K2.6M-19.2K0.4842.74N/AN/A2781334,9384,353
2019-04-08$21.79$20.0055.3%19.6%47.4%0.0%66.8%4.0%-10.1%-109.0K1.5M-19.8K0.7040.94N/AN/A2992085,0154,330
2019-04-09$20.74$20.0053.0%20.1%50.1%0.0%69.0%0.9%-11.6%-124.4K2.8M-18.1K1.2443.39N/AN/A2773435,0304,377
2019-04-10$21.11$20.0069.1%19.8%50.4%0.0%69.2%2.4%-10.3%-127.3K2.5M-18.7K0.7144.94N/AN/A3722635,0854,451
2019-04-11$20.38$20.0070.0%20.1%51.5%0.0%70.9%0.8%-10.7%-131.8K3.2M-17.1K1.8646.26N/AN/A2103905,0894,330
2019-04-12$20.63$20.0066.0%18.9%51.7%0.0%65.9%2.3%-9.7%-160.6K3.2M-17.3K0.8246.09N/AN/A8657135,1304,602
2019-04-15$20.82$20.0069.7%20.0%51.7%0.0%70.3%0.4%-12.8%-128.3K2.4M-19.7K0.6345.50N/AN/A155975,7534,778
2019-04-16$22.02$20.0070.3%20.2%50.2%0.0%70.7%-0.7%-13.9%-123.1K591.5K-20.7K0.7444.65N/AN/A4823595,7704,743
2019-04-17$21.89$20.0069.9%20.0%48.3%0.0%70.7%2.1%-13.2%-60.1K1.0M-20.3K1.3949.37N/AN/A4035605,8484,668
2019-04-18$21.86$22.5070.2%20.1%46.3%0.0%71.9%0.4%-14.5%21.7K670.0K-20.8K1.3548.49N/AN/A3244365,8684,373
2019-04-22$21.60$22.5073.2%21.0%46.4%0.0%74.6%-0.4%-13.6%18.6K-151.8K-20.5K1.9653.35N/AN/A1743413,1532,647
2019-04-23$21.72$22.5072.5%20.8%46.4%0.0%72.9%-0.1%-14.1%16.1K-112.2K-21.0K1.2146.26N/AN/A1431733,3062,905
2019-04-24$22.61$22.5073.6%21.1%47.2%0.0%73.0%0.9%-14.7%26.1K-750.9K-21.9K0.4252.91N/AN/A4201783,3632,911
2019-04-25$23.27$22.5073.1%21.0%45.8%0.0%71.7%13.8%-15.9%40.0K-1.3M-22.2K0.4565.97N/AN/A139623,4732,845
2019-04-26$22.99$22.5075.8%21.7%43.9%0.0%74.2%1.5%-17.2%37.3K-1.1M-21.3K0.6152.67N/AN/A147893,4862,843
2019-04-29$23.95$22.5081.4%23.3%44.9%0.0%82.0%3.1%-22.0%45.5K-1.8M-21.9K0.4051.83N/AN/A2651073,5082,836
2019-04-30$24.94$22.5082.1%23.5%43.1%0.0%82.8%1.5%-23.1%60.0K-2.7M-22.3K0.8141.82N/AN/A2061673,6372,839