EB Options History — May 2021

In May 2021, EB traded between $19.93 and $23.51. ATM implied volatility averaged 62.1%, placing in the 4.9% IV rank vs the trailing year. The 30-day expected move averaged 17.4%. IV traded above realized volatility by 4.9% (HV 20d: 57.1%). Max pain ranged from $17.50 to $22.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.27.

Notable Days

  • 2021-05-06: Highest Volume — 6,406 contracts
  • 2021-05-07: Largest IV drop — 32.1% change
  • 2021-05-06: Highest IV Rank — 16.1%
  • 2021-05-04: Largest Expected Move — 23.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.93$19.93$23.51$23.51$20.25
Max Pain$20.00$17.50$22.50$17.50$20.00
ATM IV62.1%51.7%82.6%80.6%51.7%
Expected Move17.4%14.8%23.6%23.1%14.8%
HV 20d57.1%35.1%66.0%35.1%59.4%
HV 60d57.5%52.6%61.5%54.0%52.6%
IV Rank4.9%0.0%16.1%14.9%0.0%
IV Percentile12.6%0.0%55.2%50.0%0.0%
Term Structure-3.3%-17.0%1.9%-16.2%1.9%
VWIV60.7%51.9%84.0%71.7%52.1%
Skew 25d3.4%0.1%9.8%2.6%3.5%
Skew 10d10.5%-9.7%29.0%8.1%14.3%
Call IV 25d60.2%47.5%83.2%80.7%52.1%
Put IV 25d63.6%54.6%86.1%83.2%55.5%
Bid-Ask Spread %37.8119.1455.4940.4145.24
Gamma HHI0.290.220.580.220.31
Net GEX1.0M670.2K2.6M679.5K1.0M
Net DEX-38.2M-50.1M-30.7M-49.9M-34.6M
Net VEX-116.9K-125.0K-110.2K-111.9K-119.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.270.011.640.010.02
Total Volume1,942.31746,4063781,726
Total OI40,16535,88945,19835,92741,133

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$23.51$17.5080.6%23.1%35.1%14.9%71.7%2.6%-16.2%679.5K-49.9M-111.9K0.0140.41N/AN/A374432,0563,871
2021-05-04$22.39$17.5082.2%23.6%39.0%15.8%84.0%2.9%-16.3%670.2K-43.5M-114.7K1.6455.49N/AN/A6421,05032,0143,875
2021-05-05$21.57$17.5081.1%23.2%40.2%15.2%83.9%3.5%-17.0%726.9K-40.0M-112.9K0.1454.00N/AN/A1,52521332,9273,270
2021-05-06$20.27$20.0082.6%19.1%45.3%16.1%67.1%3.1%-5.6%725.1K-33.1M-110.2K0.0236.24N/AN/A6,29710933,5433,239
2021-05-07$22.14$20.0056.1%15.7%56.3%0.0%54.4%5.1%-1.8%1.0M-50.1M-119.9K0.0152.58N/AN/A5,8334838,0643,297
2021-05-10$22.77$22.5060.0%15.9%57.3%2.4%55.4%9.8%-1.8%916.5K-49.6M-114.8K0.7954.44N/AN/A63249935,5233,304
2021-05-11$21.43$22.5063.0%16.6%60.9%4.2%58.1%4.4%-1.7%850.6K-40.0M-115.8K0.3341.55N/AN/A2999935,2623,486
2021-05-12$20.02$22.5059.6%17.1%65.2%4.1%59.7%2.4%-0.8%775.6K-30.7M-110.8K0.2438.80N/AN/A72917435,3643,512
2021-05-13$20.05$20.0061.3%17.6%65.2%6.2%60.0%4.5%-2.2%794.1K-31.4M-112.4K0.0143.64N/AN/A173135,9863,598
2021-05-14$20.52$20.0058.8%16.9%66.0%3.3%59.5%2.4%-0.1%844.6K-34.9M-111.7K0.0132.62N/AN/A5,1464735,9693,599
2021-05-17$20.61$20.0060.7%17.4%65.8%5.4%60.6%3.6%-1.5%961.4K-37.4M-119.0K0.0728.42N/AN/A7645039,0443,612
2021-05-18$20.65$20.0060.4%17.3%62.0%5.1%60.4%4.0%-1.8%975.4K-38.1M-118.1K0.1150.07N/AN/A6797438,7573,648
2021-05-19$19.95$20.0059.7%17.1%62.8%4.2%59.1%3.7%-3.0%991.4K-33.1M-116.0K0.0323.83N/AN/A5,98116239,1813,686
2021-05-20$19.93$20.0056.2%16.1%61.9%0.2%58.7%1.8%0.4%1.2M-34.2M-119.5K0.2423.96N/AN/A1704041,4323,736
2021-05-21$20.05$20.0054.2%15.5%61.3%0.0%56.5%0.1%1.9%2.6M-35.7M-118.8K0.2019.14N/AN/A2,40347341,4413,757
2021-05-24$20.69$20.0053.7%15.4%60.2%0.0%54.2%2.8%-0.2%1.1M-37.9M-120.8K1.2923.97N/AN/A57273737,0012,579
2021-05-25$20.52$20.0054.6%15.7%60.0%1.1%54.6%2.2%-0.8%1.0M-36.5M-125.0K0.0521.50N/AN/A6203237,4123,181
2021-05-26$20.70$20.0052.9%15.2%59.4%0.0%52.6%4.1%0.1%1.1M-37.7M-123.5K0.0938.81N/AN/A2151937,6983,205
2021-05-27$20.49$20.0052.0%14.9%59.3%0.0%51.9%2.6%0.5%1.1M-36.5M-122.4K0.1431.45N/AN/A2062937,8243,214
2021-05-28$20.25$20.0051.7%14.8%59.4%0.0%52.1%3.5%1.9%1.0M-34.6M-119.0K0.0245.24N/AN/A1,6854137,9153,218