EB Options History — April 2021

In April 2021, EB traded between $20.60 and $23.77. ATM implied volatility averaged 68.3%, placing in the 7.1% IV rank vs the trailing year. The 30-day expected move averaged 20.7%. IV traded above realized volatility by 21.5% (HV 20d: 46.8%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.32.

Notable Days

  • 2021-04-23: Highest Volume — 3,422 contracts
  • 2021-04-12: Largest IV spike — 14.2% change
  • 2021-04-30: Highest IV Rank — 13.9%
  • 2021-04-30: Largest Expected Move — 22.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.68$20.60$23.77$23.02$23.53
Max Pain$19.29$17.50$20.00$17.50$17.50
ATM IV68.3%56.1%79.0%60.7%79.0%
Expected Move20.7%17.4%22.6%17.4%22.6%
HV 20d46.8%36.9%60.9%59.9%36.9%
HV 60d56.1%54.0%58.2%58.2%54.0%
IV Rank7.1%0.0%13.9%1.2%13.9%
IV Percentile24.9%0.0%48.4%2.8%48.4%
Term Structure-8.0%-13.5%12.0%12.0%-13.5%
VWIV73.3%61.8%79.6%61.8%78.7%
Skew 25d2.4%-0.5%5.7%4.7%2.4%
Skew 10d12.4%2.5%22.2%15.9%13.1%
Call IV 25d72.5%57.9%79.1%57.9%79.1%
Put IV 25d74.9%62.6%81.5%62.6%81.5%
Bid-Ask Spread %34.5214.0853.7814.0841.49
Gamma HHI0.240.220.520.220.22
Net GEX722.0K442.2K1.4M752.5K655.3K
Net DEX-45.6M-55.4M-27.5M-50.0M-49.2M
Net VEX-112.6K-123.1K-103.8K-122.4K-111.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.320.011.730.190.31
Total Volume1,088.4291393,4222,278139
Total OI37,510.90528,46243,11340,14135,181

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$23.02$17.5060.7%17.4%59.9%1.2%61.8%4.7%12.0%752.5K-50.0M-122.4K0.1914.08N/AN/A1,91236633,7016,440
2021-04-05$23.76$20.0062.4%21.1%60.9%2.3%79.0%3.7%-8.1%801.7K-54.9M-123.1K1.7129.31N/AN/A23039435,0606,811
2021-04-06$23.77$20.0060.1%20.6%57.4%0.9%73.5%1.6%-7.3%812.4K-55.4M-120.6K0.3029.24N/AN/A1755335,0196,767
2021-04-07$23.20$20.0058.9%20.8%55.2%0.1%75.6%0.2%-7.7%822.8K-51.8M-117.9K0.5132.64N/AN/A27614035,0336,767
2021-04-08$23.07$20.0056.1%20.9%55.1%0.0%72.9%1.0%-9.5%843.4K-51.2M-116.1K0.1520.41N/AN/A2804335,0146,901
2021-04-09$22.81$20.0057.0%20.6%49.8%0.6%72.4%3.1%-8.4%822.9K-49.0M-115.1K0.0238.99N/AN/A5741135,0307,013
2021-04-12$22.90$20.0065.1%20.5%49.9%5.5%71.6%1.0%-9.5%798.3K-49.6M-111.5K0.1122.87N/AN/A3353834,8477,034
2021-04-13$22.51$20.0064.4%20.7%46.5%5.0%72.2%2.9%-10.5%780.3K-47.4M-109.1K1.7330.68N/AN/A8941,54834,9947,056
2021-04-14$22.58$20.0072.1%20.7%45.7%9.7%71.4%3.5%-10.2%754.8K-48.0M-107.7K0.0728.11N/AN/A1,2658835,0727,044
2021-04-15$22.41$20.0071.2%20.4%44.9%9.2%72.5%2.5%-6.6%795.1K-47.4M-108.9K0.1343.48N/AN/A5677635,6687,108
2021-04-16$22.35$20.0070.9%20.3%44.8%9.0%72.0%1.6%-8.0%1.4M-46.3M-108.8K0.1140.78N/AN/A7838336,0167,097
2021-04-19$21.93$20.0073.0%20.9%43.2%10.2%73.4%3.5%-8.5%451.6K-32.7M-105.0K0.5329.96N/AN/A43522925,1423,320
2021-04-20$20.60$20.0076.2%21.9%46.8%12.2%75.2%3.1%-11.9%442.2K-27.5M-103.8K0.2642.84N/AN/A46011925,4833,234
2021-04-21$20.97$20.0072.4%20.8%42.1%9.9%73.2%2.4%-9.1%459.5K-29.2M-105.6K0.0428.33N/AN/A1,9888025,6343,326
2021-04-22$21.52$20.0073.0%20.9%41.3%10.2%73.4%3.5%-7.7%520.8K-33.6M-110.6K0.1045.19N/AN/A2,44523727,4233,385
2021-04-23$21.97$20.0068.8%19.7%41.3%7.7%70.6%-0.5%-5.9%592.3K-37.7M-114.5K0.0141.23N/AN/A3,3863629,2113,594
2021-04-26$22.94$17.5073.0%20.9%43.4%10.3%72.5%1.0%-9.6%674.0K-47.5M-117.1K0.2039.45N/AN/A1,24625032,0503,629
2021-04-27$23.18$17.5073.5%21.1%39.4%10.6%73.2%1.3%-10.5%658.6K-48.3M-112.1K0.0840.77N/AN/A3783031,5363,849
2021-04-28$23.66$17.5073.4%21.0%39.2%10.5%79.6%1.9%-8.2%650.1K-50.5M-111.3K0.0153.78N/AN/A7541031,3993,864
2021-04-29$23.70$17.5073.9%21.2%39.1%10.8%73.7%5.7%-9.8%645.5K-49.6M-111.5K0.2231.36N/AN/A4149031,1043,873
2021-04-30$23.53$17.5079.0%22.6%36.9%13.9%78.7%2.4%-13.5%655.3K-49.2M-111.6K0.3141.49N/AN/A1063331,3183,863