EB Options History — April 2023

In April 2023, EB traded between $7.12 and $8.61. ATM implied volatility averaged 70.6%, placing in the 40.6% IV rank vs the trailing year. The 30-day expected move averaged 20.8%. IV traded above realized volatility by 20.2% (HV 20d: 50.4%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 0.73.

Notable Days

  • 2023-04-14: Highest Volume — 339 contracts
  • 2023-04-12: Largest IV spike — 13.8% change
  • 2023-04-27: Highest IV Rank — 47.1%
  • 2023-04-27: Largest Expected Move — 22.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.04$7.12$8.61$8.57$7.28
Max Pain$6.58$5.00$7.50$7.50$7.50
ATM IV70.6%59.4%76.8%61.7%76.7%
Expected Move20.8%17.0%22.0%17.7%22.0%
HV 20d50.4%37.2%61.5%61.2%46.3%
HV 60d56.2%52.7%62.7%62.7%55.1%
IV Rank40.6%28.6%47.1%31.1%47.0%
IV Percentile59.7%25.0%76.6%34.9%76.6%
Term Structure-6.6%-13.5%12.2%9.3%-12.0%
VWIV69.4%52.9%75.5%61.1%52.9%
Skew 25d6.7%-17.1%24.0%24.0%-17.1%
Skew 10d16.9%-27.8%121.0%47.7%-27.8%
Call IV 25d62.7%33.4%86.7%33.4%86.7%
Put IV 25d69.4%57.1%76.9%57.4%69.6%
Bid-Ask Spread %45.916.5885.5185.5153.93
Gamma HHI0.460.330.700.700.34
Net GEX8.6K4.1K17.2K17.2K4.5K
Net DEX-376.8K-575.3K-121.8K-575.3K-156.9K
Net VEX-4.3K-5.0K-3.6K-4.8K-3.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.730.002.750.502.28
Total Volume61.0531339359
Total OI3,255.3682,3093,6683,4262,455

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$8.57$7.5061.7%17.7%61.2%31.1%61.1%24.0%9.3%17.2K-575.3K-4.8K0.5085.51N/AN/A212,844582
2023-04-04$8.43$7.5059.4%17.0%61.2%28.6%0.0%16.4%12.2%14.8K-531.2K-4.6K2.0074.45N/AN/A20402,846584
2023-04-05$8.25$7.5064.2%18.4%61.2%33.7%0.0%21.1%11.7%12.5K-463.4K-4.6K2.7583.19N/AN/A12332,875619
2023-04-06$8.43$5.0064.5%21.5%59.1%34.1%63.1%10.0%-13.5%14.6K-498.8K-4.8K1.1834.21N/AN/A51602,887652
2023-04-10$8.46$5.0061.7%21.4%57.4%31.1%0.0%7.5%-9.4%14.7K-522.3K-5.0K0.0016.72N/AN/A022,937701
2023-04-11$8.23$5.0065.3%22.0%57.4%34.9%0.0%5.4%-12.5%9.8K-437.6K-4.7K0.4155.00N/AN/A32132,937703
2023-04-12$7.91$5.0074.3%21.3%58.8%44.4%73.3%3.4%-13.5%7.3K-351.7K-4.5K0.0471.31N/AN/A5222,966702
2023-04-13$8.32$5.0074.0%21.2%61.5%44.2%67.0%6.2%-11.0%13.2K-496.8K-4.7K0.0035.64N/AN/A702,965662
2023-04-14$8.16$5.0072.0%20.6%49.8%42.0%71.8%2.2%-10.7%7.6K-439.0K-4.6K0.0054.72N/AN/A33902,969662
2023-04-17$8.20$5.0073.6%21.1%44.1%43.7%72.5%3.3%-9.7%7.2K-410.5K-4.3K0.6517.62N/AN/A51332,882661
2023-04-18$8.54$7.5075.9%21.8%46.5%46.2%71.0%7.7%-11.7%6.7K-455.6K-4.4K0.5567.11N/AN/A31172,833684
2023-04-19$8.61$7.5076.3%21.9%37.2%46.6%75.5%7.8%-11.0%5.9K-474.8K-4.5K0.0016.44N/AN/A602,834685
2023-04-20$8.32$7.5074.9%21.5%37.2%45.1%73.9%0.9%-7.9%5.5K-414.2K-4.3K0.2037.46N/AN/A512,840685
2023-04-21$7.99$7.5073.3%21.0%39.4%43.4%72.1%5.9%-7.1%5.0K-345.6K-4.1K1.1582.29N/AN/A13152,839686
2023-04-24$7.53$7.5070.1%20.1%43.7%40.0%70.1%13.0%-3.9%4.3K-196.0K-3.7K0.626.58N/AN/A142881,659650
2023-04-25$7.24$7.5075.2%21.6%45.1%45.5%75.2%9.0%-9.0%4.2K-141.2K-3.7K0.209.15N/AN/A511,747707
2023-04-26$7.12$7.5072.6%20.8%45.2%42.7%72.6%2.1%-6.9%4.1K-121.8K-3.6K0.6335.65N/AN/A16101,750708
2023-04-27$7.16$7.5076.8%22.0%45.5%47.1%0.0%-1.5%-9.0%4.2K-126.6K-3.6K0.0035.36N/AN/A101,750704
2023-04-28$7.28$7.5076.7%22.0%46.3%47.0%52.9%-17.1%-12.0%4.5K-156.9K-3.7K2.2853.93N/AN/A18411,751704