EB Options History — July 2020

In July 2020, EB traded between $8.32 and $9.30. ATM implied volatility averaged 110.9%, placing in the 39.2% IV rank vs the trailing year. The 30-day expected move averaged 33.2%. IV traded above realized volatility by 40.5% (HV 20d: 70.4%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.67.

Notable Days

  • 2020-07-08: Highest Volume — 27,133 contracts
  • 2020-07-14: Largest IV spike — 44.5% change
  • 2020-07-30: Highest IV Rank — 47.2%
  • 2020-07-14: Largest Expected Move — 36.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.64$8.32$9.30$8.78$8.52
Max Pain$8.52$7.50$10.00$10.00$7.50
ATM IV110.9%75.9%125.3%100.0%124.9%
Expected Move33.2%28.7%36.2%28.7%35.8%
HV 20d70.4%50.2%105.1%105.1%50.2%
HV 60d111.6%106.6%116.9%116.9%106.6%
IV Rank39.2%20.0%47.2%33.2%47.0%
IV Percentile75.5%55.2%84.1%71.8%83.7%
Term Structure-12.4%-23.6%14.0%13.1%-21.1%
VWIV115.5%86.4%129.7%105.9%124.2%
Skew 25d6.1%-2.8%12.4%8.0%12.4%
Skew 10d17.7%-31.3%40.0%7.2%26.3%
Call IV 25d114.9%97.7%125.1%104.6%119.6%
Put IV 25d121.0%99.9%132.1%112.5%132.0%
Bid-Ask Spread %41.3622.7450.1045.9448.56
Gamma HHI0.220.180.280.220.21
Net GEX52.6K8.3K87.7K40.5K13.3K
Net DEX-3.0M-4.8M-1.1M-2.5M-1.5M
Net VEX-38.7K-52.2K-21.7K-24.3K-29.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.012.570.160.84
Total Volume2,668.2738127,13377081
Total OI39,933.90925,77653,07825,77632,928

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$8.78$10.00100.0%28.7%105.1%33.2%105.9%8.0%13.1%40.5K-2.5M-24.3K0.1645.94N/AN/A66210818,0507,726
2020-07-02$8.53$10.00101.3%29.0%104.8%33.9%86.4%2.2%14.0%32.3K-2.1M-23.3K0.3241.34N/AN/A45114618,2057,748
2020-07-06$8.32$7.50102.9%33.4%88.6%34.8%118.1%9.8%-10.3%26.3K-1.7M-22.0K2.5736.30N/AN/A5391,38718,4367,750
2020-07-07$8.60$7.50116.0%33.8%88.0%42.1%118.0%9.1%-15.7%38.0K-2.2M-21.7K1.3624.64N/AN/A10914818,3868,287
2020-07-08$8.97$7.50101.2%32.8%86.9%33.9%122.2%6.4%-10.5%35.3K-2.7M-24.0K0.5722.74N/AN/A17,3109,82318,4148,315
2020-07-09$8.55$10.00123.4%35.1%66.3%46.2%117.5%8.4%-14.6%66.3K-3.7M-44.3K0.2132.90N/AN/A3276930,21915,389
2020-07-10$8.72$10.00112.7%35.9%66.7%40.2%120.3%7.2%-16.9%87.7K-4.8M-52.2K1.2140.91N/AN/A769235,16617,912
2020-07-13$8.56$10.0075.9%36.1%66.8%20.0%129.7%6.8%-13.9%72.4K-4.4M-51.7K0.1945.49N/AN/A4298235,17117,899
2020-07-14$8.49$10.00109.7%36.2%63.5%38.6%122.6%10.1%-17.2%58.2K-4.1M-50.5K0.4349.25N/AN/A1878135,01617,818
2020-07-15$9.30$10.00111.4%31.9%70.6%39.5%117.8%8.9%-15.3%61.8K-3.6M-44.7K0.9338.52N/AN/A79273528,48017,815
2020-07-16$9.16$10.00110.4%31.7%69.5%39.0%118.1%7.3%-11.5%66.8K-3.7M-48.7K0.9831.31N/AN/A999731,38217,908
2020-07-17$8.76$10.00110.2%31.6%71.1%38.9%111.3%8.8%-13.5%55.0K-2.8M-46.0K0.3438.72N/AN/A5,1791,75731,41917,918
2020-07-20$8.77$7.50106.3%30.5%70.5%36.7%108.3%4.3%-8.0%78.7K-4.2M-48.8K0.2249.56N/AN/A3507727,79815,935
2020-07-21$8.57$7.50113.7%32.6%70.9%40.8%109.6%9.1%-17.6%84.9K-4.0M-48.7K0.4944.30N/AN/A28613929,31515,960
2020-07-22$8.53$7.50113.5%32.5%70.8%40.7%111.3%7.5%-13.4%85.7K-3.8M-48.0K0.9445.52N/AN/A726829,44816,066
2020-07-23$8.51$7.50112.0%32.1%64.2%39.8%112.1%2.5%-10.3%85.8K-4.0M-46.3K0.0647.72N/AN/A7964529,48816,119
2020-07-24$8.51$7.50114.4%32.8%63.0%41.2%109.6%6.2%-16.2%85.8K-3.4M-44.1K0.0146.56N/AN/A15,35118829,45616,159
2020-07-27$8.56$7.50118.6%34.0%56.0%43.5%116.7%-2.7%-16.2%50.5K-2.7M-38.3K0.7943.57N/AN/A1058324,09816,310
2020-07-28$8.35$7.50115.6%33.1%51.6%41.9%117.2%4.7%-14.7%8.3K-1.1M-31.1K0.7244.67N/AN/A543916,59816,266
2020-07-29$8.56$7.50119.8%34.3%52.3%44.2%119.4%-2.8%-18.6%11.5K-1.4M-31.2K0.9850.10N/AN/A464516,60016,294
2020-07-30$8.57$7.50125.3%35.9%51.2%47.2%123.6%-0.9%-23.6%12.8K-1.6M-30.6K0.3441.29N/AN/A1434916,59216,287
2020-07-31$8.52$7.50124.9%35.8%50.2%47.0%124.2%12.4%-21.1%13.3K-1.5M-29.6K0.8448.56N/AN/A443716,64016,288