EB Options History — January 2022

In January 2022, EB traded between $12.92 and $17.80. ATM implied volatility averaged 67.4%, placing in the 44.0% IV rank vs the trailing year. The 30-day expected move averaged 19.3%. IV traded above realized volatility by 23.0% (HV 20d: 44.4%). Max pain ranged from $15.00 to $17.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.63.

Notable Days

  • 2022-01-03: Highest Volume — 3,157 contracts
  • 2022-01-10: Largest IV spike — 25.6% change
  • 2022-01-28: Highest IV Rank — 99.6%
  • 2022-01-28: Largest Expected Move — 26.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.66$12.92$17.80$17.80$14.18
Max Pain$15.38$15.00$17.50$17.50$15.00
ATM IV67.4%54.7%93.5%55.4%89.2%
Expected Move19.3%15.8%26.8%15.9%25.6%
HV 20d44.4%32.1%57.1%43.8%57.1%
HV 60d52.8%49.6%56.9%49.9%56.9%
IV Rank44.0%17.1%99.6%18.6%90.3%
IV Percentile60.6%29.4%99.6%32.1%96.8%
Term Structure0.1%-16.3%6.1%2.0%-15.8%
VWIV65.9%55.7%93.7%56.2%90.2%
Skew 25d8.1%3.4%18.9%5.1%12.6%
Skew 10d19.6%4.9%39.3%21.3%26.3%
Call IV 25d64.4%55.6%86.7%56.3%86.7%
Put IV 25d72.5%61.0%100.7%61.3%99.3%
Bid-Ask Spread %62.7333.5881.4333.5858.72
Gamma HHI0.280.200.560.270.25
Net GEX126.4K33.3K234.4K234.4K57.5K
Net DEX-2.0M-6.2M2.8M-6.2M-1.4M
Net VEX-22.7K-33.8K-15.1K-33.8K-18.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.141.940.140.41
Total Volume1,501.17493,1573,1571,148
Total OI16,345.057,21320,76520,7658,500

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$17.80$17.5055.4%15.9%43.8%18.6%56.2%5.1%2.0%234.4K-6.2M-33.8K0.1433.58N/AN/A2,76938816,3324,433
2022-01-04$17.61$17.5055.3%15.8%39.3%18.3%55.7%5.4%1.2%193.9K-5.4M-31.6K0.3942.49N/AN/A1,03740215,4874,424
2022-01-05$17.42$17.5056.5%16.2%35.2%20.8%60.9%3.4%0.7%179.3K-4.9M-30.0K0.2860.42N/AN/A1,28235515,2984,424
2022-01-06$17.30$15.0057.5%16.7%32.9%23.0%60.0%3.7%6.0%159.3K-4.3M-28.3K0.3658.46N/AN/A1,01836614,9824,426
2022-01-07$17.02$15.0054.7%16.6%32.1%17.1%60.1%5.1%6.1%151.9K-3.6M-26.9K0.4358.61N/AN/A90438814,9154,449
2022-01-10$16.20$15.0068.7%18.0%37.1%46.8%59.0%7.8%5.0%146.1K-1.8M-23.5K0.9061.81N/AN/A85376814,9194,435
2022-01-11$17.52$15.0057.3%16.6%45.7%22.5%61.5%7.8%6.0%139.1K-4.1M-27.6K1.0262.22N/AN/A85687114,9704,849
2022-01-12$17.15$15.0057.6%16.5%46.7%23.3%57.4%5.9%5.7%133.3K-3.2M-25.6K0.8864.03N/AN/A93082214,9674,937
2022-01-13$16.72$15.0058.3%16.7%47.9%24.7%57.9%4.4%4.8%132.8K-2.4M-24.7K0.9164.41N/AN/A90582815,0174,932
2022-01-14$16.26$15.0058.2%16.7%49.3%24.5%57.3%7.2%6.1%140.1K-1.4M-22.7K0.9759.51N/AN/A46344915,0344,941
2022-01-18$15.64$15.0062.9%18.0%49.3%34.6%61.1%6.1%3.9%162.9K-471.4K-20.8K0.9167.96N/AN/A45841615,1265,001
2022-01-19$15.09$15.0062.4%17.9%50.7%33.5%59.8%6.8%4.2%190.0K625.2K-19.7K0.2358.59N/AN/A1,70838515,1575,016
2022-01-20$14.83$15.0061.1%17.5%45.4%30.6%58.2%6.2%6.0%229.5K1.0M-19.6K0.2381.43N/AN/A1,69939015,4315,032
2022-01-21$14.41$15.0067.7%19.4%44.3%44.8%60.9%8.1%3.9%58.5K2.8M-17.1K0.2663.88N/AN/A1,74045915,4324,991
2022-01-24$14.57$15.0075.4%21.6%44.4%61.0%81.2%9.6%-1.1%59.4K-1.4M-17.0K1.9475.01N/AN/A4418576,1091,104
2022-01-25$14.05$15.0073.0%20.9%45.4%55.9%66.9%11.1%2.2%47.7K-1.1M-18.2K0.6877.54N/AN/A4453046,1931,553
2022-01-26$13.44$15.0091.4%26.2%46.9%95.0%93.7%13.3%-16.3%39.7K-816.2K-16.7K0.4278.22N/AN/A7273086,2991,542
2022-01-27$12.92$15.0091.6%26.3%47.8%95.6%84.1%13.4%-14.4%33.3K-526.2K-15.1K0.7667.88N/AN/A4413336,5311,543
2022-01-28$13.08$15.0093.5%26.8%47.2%99.6%75.4%18.9%-14.7%38.3K-725.8K-15.7K0.4359.80N/AN/A7763336,6261,544
2022-01-31$14.18$15.0089.2%25.6%57.1%90.3%90.2%12.6%-15.8%57.5K-1.4M-18.7K0.4158.72N/AN/A8133356,9471,553