EB Options History — March 2022

In March 2022, EB traded between $13.21 and $15.13. ATM implied volatility averaged 65.5%, placing in the 30.9% IV rank vs the trailing year. The 30-day expected move averaged 20.3%. IV traded above realized volatility by 6.0% (HV 20d: 59.5%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 0.33.

Notable Days

  • 2022-03-15: Highest Volume — 2,409 contracts
  • 2022-03-03: Largest IV spike — 23.7% change
  • 2022-03-07: Highest IV Rank — 79.0%
  • 2022-03-07: Largest Expected Move — 27.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.13$13.21$15.13$14.35$14.82
Max Pain$14.66$12.50$15.00$15.00$15.00
ATM IV65.5%51.0%94.8%71.7%51.0%
Expected Move20.3%18.2%27.2%20.6%18.4%
HV 20d59.5%52.2%65.9%64.7%52.2%
HV 60d57.0%54.8%59.1%58.0%59.1%
IV Rank30.9%7.1%79.0%41.1%7.1%
IV Percentile57.6%10.7%98.4%77.4%10.7%
Term Structure2.4%-7.2%13.3%-5.8%13.3%
VWIV68.2%61.2%79.5%75.8%63.1%
Skew 25d10.7%2.9%25.2%7.7%8.1%
Skew 10d21.5%-10.5%47.0%31.1%11.1%
Call IV 25d59.6%36.9%70.5%69.0%58.5%
Put IV 25d70.3%60.4%80.3%76.6%66.5%
Bid-Ask Spread %63.7833.8889.4874.6848.31
Gamma HHI0.300.240.430.290.38
Net GEX83.8K51.7K164.1K76.6K112.5K
Net DEX-1.9M-3.2M-1.1M-2.3M-2.4M
Net VEX-20.8K-24.1K-18.6K-23.5K-20.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.330.120.810.810.40
Total Volume1,332.7397322,409732921
Total OI9,664.3489,33110,6399,3319,717

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-03-01$14.35$15.0071.7%20.6%64.7%41.1%75.8%7.7%-5.8%76.6K-2.3M-23.5K0.8174.68N/AN/A4053277,8261,505
2022-03-02$14.45$15.0068.0%19.5%63.6%35.0%71.5%8.0%0.6%80.3K-2.3M-23.4K0.7274.75N/AN/A4533247,8651,500
2022-03-03$13.64$15.0084.2%24.1%65.9%61.5%71.4%8.7%-6.3%60.1K-1.5M-20.4K0.5679.84N/AN/A5803267,8771,531
2022-03-04$13.72$15.0084.0%24.1%64.0%61.2%73.4%11.9%-1.2%62.9K-1.6M-21.4K0.6073.25N/AN/A5823478,0371,534
2022-03-07$13.21$15.0094.8%27.2%61.2%79.0%78.0%9.8%-6.0%53.2K-1.2M-19.8K0.3869.93N/AN/A6552528,0301,539
2022-03-08$13.23$15.0074.2%25.6%61.3%45.2%79.5%10.8%-6.3%52.3K-1.1M-19.5K0.4280.99N/AN/A6352648,0171,542
2022-03-09$13.81$15.0067.9%20.4%62.9%34.8%72.1%8.5%-3.5%64.3K-1.6M-21.3K0.4479.21N/AN/A6132697,9781,544
2022-03-10$14.14$15.0068.5%19.5%59.2%35.8%74.6%11.9%-2.5%69.6K-1.8M-21.1K0.4088.57N/AN/A5832317,9591,544
2022-03-11$13.69$15.0071.1%25.2%59.2%40.1%74.8%8.6%-4.6%58.8K-1.3M-20.3K0.3889.48N/AN/A6052307,9601,542
2022-03-14$13.42$12.5075.0%19.3%59.1%46.4%65.0%10.0%-7.2%51.7K-1.1M-19.7K0.4857.46N/AN/A5462607,9741,539
2022-03-15$13.96$12.5067.3%18.5%60.5%33.9%65.6%6.2%-3.0%64.7K-1.5M-20.2K0.1233.88N/AN/A2,1522577,9741,541
2022-03-16$14.86$12.5062.5%18.7%61.3%25.9%64.9%11.9%2.9%138.7K-3.2M-24.1K0.1641.83N/AN/A1,5182499,0981,541
2022-03-17$14.92$0.0061.2%19.3%61.3%23.8%67.2%8.7%7.1%164.1K-3.2M-23.9K0.1657.74N/AN/A1,5732469,1001,534
2022-03-18$14.26$15.0057.3%19.0%59.4%17.5%65.6%5.8%9.3%85.4K-1.9M-20.7K0.1651.15N/AN/A1,5712529,0731,535
2022-03-21$13.95$15.0058.5%18.8%59.1%19.5%65.3%7.5%8.2%80.0K-1.7M-19.8K0.1565.05N/AN/A1,4812258,0951,387
2022-03-22$14.36$15.0055.0%18.3%58.9%13.7%63.6%7.4%8.9%90.7K-2.0M-20.5K0.1361.36N/AN/A1,5641978,1151,392
2022-03-23$13.83$15.0059.8%18.5%59.5%21.5%64.5%2.9%4.9%76.1K-1.5M-18.8K0.1361.18N/AN/A1,4651978,0911,391
2022-03-24$14.18$15.0057.5%18.7%54.2%17.8%63.0%20.5%9.2%84.2K-1.8M-19.4K0.1369.38N/AN/A1,4651978,0881,392
2022-03-25$13.98$15.0054.7%18.2%54.4%13.2%62.7%13.6%7.4%80.2K-1.5M-18.6K0.1339.77N/AN/A1,4731978,0881,393
2022-03-28$14.45$15.0053.9%18.4%55.4%11.8%61.7%15.3%10.6%95.4K-1.9M-19.3K0.1563.89N/AN/A1,6472468,0881,395
2022-03-29$15.13$15.0053.4%18.2%55.0%11.0%61.2%25.2%10.1%121.2K-3.0M-22.1K0.1456.15N/AN/A1,8722578,3711,364
2022-03-30$14.63$15.0054.7%18.3%56.5%13.2%64.1%17.9%8.7%104.4K-2.3M-20.5K0.4149.02N/AN/A6702748,3121,362
2022-03-31$14.82$15.0051.0%18.4%52.2%7.1%63.1%8.1%13.3%112.5K-2.4M-20.5K0.4048.31N/AN/A6602618,3241,393