EB Options History — July 2021

In July 2021, EB traded between $15.73 and $19.13. ATM implied volatility averaged 67.9%, placing in the 22.5% IV rank vs the trailing year. The 30-day expected move averaged 20.3%. IV traded above realized volatility by 22.5% (HV 20d: 45.4%). Max pain ranged from $15.00 to $20.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.32.

Notable Days

  • 2021-07-08: Highest Volume — 9,387 contracts
  • 2021-07-08: Largest IV spike — 25.2% change
  • 2021-07-28: Highest IV Rank — 37.3%
  • 2021-07-28: Largest Expected Move — 23.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.46$15.73$19.13$19.13$17.73
Max Pain$15.95$15.00$20.00$17.50$15.00
ATM IV67.9%47.7%81.9%47.7%74.7%
Expected Move20.3%13.7%23.5%13.7%21.4%
HV 20d45.4%23.0%60.4%27.0%60.4%
HV 60d47.0%42.2%49.9%42.2%49.3%
IV Rank22.5%1.1%37.3%1.1%29.8%
IV Percentile43.3%0.4%73.4%0.4%61.9%
Term Structure-7.5%-13.5%14.7%14.7%-12.3%
VWIV71.8%45.6%82.2%49.5%77.8%
Skew 25d4.8%0.8%7.8%0.9%5.8%
Skew 10d17.8%-12.2%36.0%-3.4%26.5%
Call IV 25d71.2%44.8%81.2%50.0%77.1%
Put IV 25d76.0%49.0%87.5%50.9%83.0%
Bid-Ask Spread %32.2414.6268.6959.9835.30
Gamma HHI0.400.310.680.320.33
Net GEX423.7K159.7K845.1K825.1K269.3K
Net DEX-10.6M-22.7M-3.4M-22.7M-11.6M
Net VEX-61.6K-72.6K-48.4K-72.6K-67.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.320.000.920.180.73
Total Volume1,205.81739,3877397
Total OI27,379.04818,58737,02835,20720,043

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$19.13$17.5047.7%13.7%27.0%1.1%49.5%0.9%14.7%825.1K-22.7M-72.6K0.1859.98N/AN/A621131,1144,093
2021-07-02$18.70$17.5049.2%14.1%25.1%2.7%45.6%4.2%13.8%833.1K-19.5M-68.7K0.3768.69N/AN/A1776631,1204,124
2021-07-06$18.60$20.0055.2%18.9%23.0%9.0%64.9%6.0%-8.2%845.1K-18.6M-65.2K0.1715.20N/AN/A5209031,1284,150
2021-07-07$17.05$20.0049.4%18.6%36.3%2.9%65.1%4.1%-6.5%807.5K-8.3M-55.5K0.4130.04N/AN/A97940631,2264,206
2021-07-08$16.45$20.0061.9%19.9%37.1%16.1%70.9%5.2%-9.3%600.2K-5.8M-53.0K0.0243.20N/AN/A9,23814931,6104,395
2021-07-09$17.43$15.0052.9%19.6%44.3%6.6%70.0%2.2%-8.3%606.8K-8.9M-56.5K0.3216.64N/AN/A43914028,9974,423
2021-07-12$17.49$15.0064.9%20.1%44.0%19.4%73.5%2.2%-9.8%642.2K-8.9M-54.2K0.3719.98N/AN/A47417529,1384,482
2021-07-13$16.79$15.0061.3%20.2%45.2%15.6%73.7%3.9%-9.8%532.4K-5.0M-50.0K0.9016.83N/AN/A13512229,0264,576
2021-07-14$16.69$15.0069.5%19.9%43.8%24.2%72.0%0.8%-8.8%400.7K-3.4M-48.4K0.0031.10N/AN/A4,2301829,0614,674
2021-07-15$16.59$15.0071.2%20.4%43.6%26.0%74.6%6.1%-8.0%159.7K-3.8M-52.6K0.0219.37N/AN/A2,0443230,9074,672
2021-07-16$16.22$15.0074.4%21.3%43.8%29.4%71.6%7.7%-5.9%174.1K-4.4M-58.2K0.6132.67N/AN/A1,14770232,4824,546
2021-07-19$15.73$15.0078.3%22.5%44.4%33.5%77.4%7.6%-10.3%189.8K-7.5M-57.7K0.4114.62N/AN/A25210316,4842,103
2021-07-20$16.49$15.0075.4%21.6%48.1%30.4%76.3%5.9%-9.9%212.6K-8.9M-61.3K0.3345.93N/AN/A1314316,4982,150
2021-07-21$17.23$15.0073.5%21.1%51.5%28.5%73.6%7.2%-7.7%234.1K-10.5M-64.8K0.0632.39N/AN/A3512016,5212,163
2021-07-22$17.00$15.0073.5%21.1%51.5%28.5%76.7%2.0%-8.7%229.9K-10.0M-63.4K0.2232.40N/AN/A691516,7032,181
2021-07-23$17.69$15.0075.8%21.7%54.0%30.9%76.0%7.8%-10.9%251.3K-11.7M-66.4K0.4619.56N/AN/A904116,7502,196
2021-07-26$18.44$15.0079.3%22.7%56.4%34.6%81.4%4.3%-11.8%269.7K-13.7M-69.4K0.1534.38N/AN/A2343616,7502,196
2021-07-27$17.96$15.0081.5%23.4%56.9%36.9%80.1%6.5%-13.5%255.9K-12.4M-66.8K0.9218.84N/AN/A54850516,7842,221
2021-07-28$18.65$15.0081.9%23.5%58.7%37.3%82.2%5.7%-13.4%271.7K-14.1M-68.9K0.1133.48N/AN/A1671916,8112,230
2021-07-29$18.56$15.0074.6%21.4%58.5%29.6%75.3%3.9%-12.1%287.2K-13.9M-71.4K0.0556.46N/AN/A1,1836217,3182,708
2021-07-30$17.73$15.0074.7%21.4%60.4%29.8%77.8%5.8%-12.3%269.3K-11.6M-67.7K0.7335.30N/AN/A564117,3332,710