EB Options History — August 2019

In August 2019, EB traded between $16.20 and $19.85. ATM implied volatility averaged 63.2%, placing in the 24.6% IV rank vs the trailing year. The 30-day expected move averaged 15.5%. IV traded above realized volatility by 19.6% (HV 20d: 43.6%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 14 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 1.46.

Notable Days

  • 2019-08-08: Highest Volume — 4,449 contracts
  • 2019-08-08: Largest IV drop — 69.9% change
  • 2019-08-05: Highest IV Rank — 100.0%
  • 2019-08-02: Largest Expected Move — 24.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.93$16.20$19.85$17.66$17.51
Max Pain$18.64$17.50$20.00$17.50$20.00
ATM IV63.2%44.8%155.6%84.4%45.5%
Expected Move15.5%12.7%24.9%24.2%13.1%
HV 20d43.6%26.4%54.8%26.4%54.8%
HV 60d38.3%33.5%41.4%34.3%41.4%
IV Rank24.6%3.6%100.0%61.1%4.3%
IV Percentile28.8%1.1%100.0%97.6%2.1%
Term Structure-3.6%-27.5%1.8%-27.5%1.5%
VWIV53.8%41.6%84.0%82.1%47.1%
Skew 25d3.3%-12.0%11.5%8.6%-12.0%
Skew 10d6.8%-16.9%22.7%-1.9%-16.9%
Call IV 25d53.0%42.4%86.5%79.1%48.1%
Put IV 25d56.3%36.1%92.0%87.8%36.1%
Bid-Ask Spread %56.8613.9083.3957.8873.50
Gamma HHI0.340.220.550.420.22
Net GEX40.2K-106.1K163.4K-54.5K40.6K
Net DEX-357.9K-3.1M3.3M879.8K-74.9K
Net VEX-19.5K-25.1K-14.2K-20.3K-20.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.460.0014.431.371.50
Total Volume761374,44942445
Total OI12,89010,86615,18612,76412,602

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$17.66$17.5084.4%24.2%26.4%61.1%82.1%8.6%-27.5%-54.5K879.8K-20.3K1.3757.88N/AN/A1792455,3637,401
2019-08-02$17.53$17.5086.8%24.9%26.4%64.5%84.0%5.5%-27.4%-61.8K1.1M-20.9K3.0068.98N/AN/A20605,3897,597
2019-08-05$16.57$17.50115.4%19.2%31.6%100.0%66.1%6.3%-7.4%-89.8K2.7M-19.7K0.8260.10N/AN/A4463675,4167,648
2019-08-06$16.20$17.50124.1%20.3%32.7%100.0%69.1%7.9%-8.8%-106.1K3.3M-19.3K0.3963.78N/AN/A93365,5067,867
2019-08-07$16.58$17.50155.6%22.6%33.3%100.0%82.2%11.5%-11.7%-70.1K2.5M-20.5K0.8253.68N/AN/A1,2571,0375,5337,885
2019-08-08$17.58$17.5046.9%12.7%38.9%5.5%43.0%4.5%0.3%-19.8K297.5K-16.0K1.0070.62N/AN/A2,2302,2196,4538,733
2019-08-09$17.10$17.5044.8%12.7%40.6%3.6%44.9%4.4%1.1%-11.0K765.2K-15.5K0.3880.35N/AN/A77297,0016,813
2019-08-12$16.82$17.5055.2%13.0%41.2%12.7%41.6%5.6%-0.0%-32.8K1.3M-14.3K2.8177.55N/AN/A431216,9756,823
2019-08-13$17.05$17.5055.1%12.9%41.2%12.6%45.7%4.4%0.5%17.5K876.5K-14.2K2.5583.06N/AN/A531356,9676,806
2019-08-14$17.03$17.5047.8%13.7%40.6%6.2%49.6%4.8%-0.2%38.7K764.3K-14.3K0.6583.39N/AN/A31206,9746,792
2019-08-15$17.94$17.5047.3%13.6%43.7%5.8%47.3%5.0%0.7%83.9K-1.0M-14.8K0.8677.78N/AN/A1391206,9836,800
2019-08-16$19.14$17.5049.6%14.2%48.2%7.8%49.2%4.1%-0.9%31.4K-2.8M-15.5K0.1069.21N/AN/A3,6813736,9666,754
2019-08-19$19.85$20.0047.2%13.5%48.6%5.8%46.9%2.8%-0.6%157.6K-3.1M-21.9K0.1413.90N/AN/A7571047,3723,494
2019-08-20$19.48$20.0048.3%13.8%49.5%6.7%48.6%0.8%-0.4%156.6K-2.9M-22.2K0.4919.32N/AN/A2771357,8023,545
2019-08-21$19.69$20.0045.4%13.0%48.3%4.2%46.1%0.8%0.8%163.4K-3.1M-22.8K0.7116.09N/AN/A1851317,8543,676
2019-08-22$19.14$20.0045.9%13.1%49.5%4.6%46.1%-0.3%1.8%141.5K-2.4M-21.7K0.0627.16N/AN/A3527,8943,581
2019-08-23$18.31$20.0050.1%14.4%52.4%8.3%48.9%4.0%-1.8%86.7K-1.0M-19.3K0.0662.03N/AN/A1,335767,8933,583
2019-08-26$18.55$20.0051.1%14.6%52.2%9.1%50.4%2.1%-1.2%120.8K-1.9M-25.1K0.0068.31N/AN/A8809,1513,517
2019-08-27$18.49$20.0050.3%14.4%52.2%8.4%50.8%2.5%1.5%117.6K-1.8M-24.9K0.0524.70N/AN/A12269,2193,518
2019-08-28$18.05$20.0047.2%13.5%53.0%5.8%47.2%3.4%-0.1%86.3K-1.1M-22.9K0.0359.93N/AN/A31699,2503,512
2019-08-29$18.19$20.0046.5%13.3%53.0%5.1%46.2%-5.3%0.7%88.1K-1.1M-22.9K14.4339.51N/AN/A71019,1563,516
2019-08-30$17.51$20.0045.5%13.1%54.8%4.3%47.1%-12.0%1.5%40.6K-74.9K-20.4K1.5073.50N/AN/A18279,0513,551