EB Options History — May 2019

In May 2019, EB traded between $15.57 and $24.19. ATM implied volatility averaged 55.5%. The 30-day expected move averaged 15.4%. IV traded below realized volatility by 63.5% (HV 20d: 119.0%). Max pain ranged from $17.50 to $22.50. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 2.23.

Notable Days

  • 2019-05-02: Highest Volume — 6,372 contracts
  • 2019-05-02: Largest IV drop — 33.2% change
  • 2019-05-01: Largest Expected Move — 23.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.75$15.57$24.19$24.19$15.57
Max Pain$19.55$17.50$22.50$22.50$17.50
ATM IV55.5%49.1%83.3%83.3%55.2%
Expected Move15.4%13.1%23.9%23.9%15.8%
HV 20d119.0%40.5%130.1%44.9%40.5%
HV 60d97.6%71.8%99.4%71.8%98.4%
Term Structure-2.4%-24.6%0.9%-24.6%0.3%
VWIV53.0%44.8%84.6%84.6%54.5%
Skew 25d1.7%-5.9%5.2%-1.8%5.2%
Skew 10d3.5%-23.1%22.4%5.3%17.3%
Call IV 25d53.1%46.4%86.1%86.1%52.9%
Put IV 25d54.8%48.9%84.3%84.3%58.2%
Bid-Ask Spread %34.7313.4561.8629.0514.53
Gamma HHI0.390.220.780.220.32
Net GEX121.6K-41.0K965.4K52.5K-6.6K
Net DEX128.0K-2.6M3.7M-2.1M3.0M
Net VEX-23.0K-28.9K-11.0K-21.8K-19.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.230.1632.611.371.09
Total Volume1,063.591646,3721,618403
Total OI11,900.6366,45714,0906,45711,824

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$24.19$22.5083.3%23.9%44.9%0.0%84.6%-1.8%-24.6%52.5K-2.1M-21.8K1.3729.05N/AN/A6839353,5892,868
2019-05-02$17.41$22.5055.6%16.0%127.7%0.0%55.5%1.8%-6.5%-41.0K3.7M-11.0K0.3924.05N/AN/A4,5771,7953,9803,436
2019-05-03$18.40$17.5049.8%14.3%129.7%0.0%50.7%1.8%-4.1%71.4K18.4K-20.7K0.4128.81N/AN/A2,0718517,1194,293
2019-05-06$18.91$20.0049.1%13.1%130.1%0.0%47.3%2.9%-0.8%98.1K-1.3M-23.9K0.2852.25N/AN/A1,8245147,9354,263
2019-05-07$19.11$20.0054.0%14.2%129.1%0.0%49.1%1.5%-1.6%131.1K-2.6M-28.9K0.7046.98N/AN/A2861999,2724,488
2019-05-08$18.40$20.0052.9%14.2%128.6%0.0%48.9%1.0%0.9%137.9K-1.4M-27.3K2.0229.33N/AN/A2975999,2484,428
2019-05-09$18.64$20.0056.6%14.5%128.5%0.0%50.2%2.7%0.2%130.2K-2.0M-28.9K0.7744.45N/AN/A2702079,3714,630
2019-05-10$18.38$20.0053.9%14.2%128.1%0.0%49.6%1.7%-1.6%137.1K-1.4M-28.0K0.7846.67N/AN/A3022379,3494,682
2019-05-13$18.34$20.0067.6%15.6%128.0%0.0%53.8%3.4%-2.8%143.2K-1.2M-27.0K0.8548.25N/AN/A1691439,3494,682
2019-05-14$17.91$20.0059.5%15.1%128.0%0.0%51.7%2.3%-2.5%182.0K-622.4K-25.8K0.9059.15N/AN/A5995399,4624,606
2019-05-15$17.88$20.0051.9%14.9%125.8%0.0%50.4%4.6%-1.6%211.3K-521.0K-24.9K0.4556.60N/AN/A44209,4794,560
2019-05-16$18.17$20.0050.4%14.4%126.2%0.0%51.0%2.1%-0.2%164.5K-1.7M-25.3K0.6056.34N/AN/A124759,4964,558
2019-05-17$17.51$20.0050.4%14.5%126.5%0.0%50.0%3.1%-0.5%965.4K326.0K-22.8K0.1661.86N/AN/A1,3692229,5584,532
2019-05-20$17.53$20.0051.9%14.9%126.6%0.0%51.1%3.3%-0.9%71.8K-172.9K-23.2K0.8330.33N/AN/A2752286,7163,191
2019-05-21$17.40$20.0051.1%14.6%126.4%0.0%52.2%2.1%-0.5%73.1K24.4K-24.4K0.1815.10N/AN/A307556,9333,395
2019-05-22$16.34$20.0052.4%15.0%126.2%0.0%52.9%0.1%-1.8%43.6K1.1M-21.2K0.9616.22N/AN/A1711647,0383,438
2019-05-23$16.03$20.0053.8%15.4%125.1%0.0%52.2%2.5%-1.9%30.0K1.7M-19.1K0.5423.24N/AN/A3211747,1003,579
2019-05-24$16.20$17.5053.5%15.3%125.5%0.0%44.8%0.4%-1.1%35.3K1.6M-20.6K1.4113.45N/AN/A1992807,2443,701
2019-05-28$16.24$17.5058.0%16.6%123.8%0.0%56.8%-1.5%-0.5%37.0K1.4M-20.4K32.6121.95N/AN/A361,1747,2483,683
2019-05-29$16.03$17.5056.7%16.2%121.8%0.0%54.4%3.8%-1.1%7.6K2.4M-22.2K1.5831.78N/AN/A1532427,2574,493
2019-05-30$15.82$17.5054.0%15.5%121.8%0.0%54.5%-5.9%0.9%3592.6M-20.6K0.2813.77N/AN/A208587,2444,497
2019-05-31$15.57$17.5055.2%15.8%40.5%0.0%54.5%5.2%0.3%-6.6K3.0M-19.0K1.0914.53N/AN/A1932107,3034,521