EB Options History — July 2023

In July 2023, EB traded between $9.25 and $11.54. ATM implied volatility averaged 61.7%, placing in the 31.2% IV rank vs the trailing year. The 30-day expected move averaged 18.3%. IV traded above realized volatility by 22.1% (HV 20d: 39.6%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 4.25.

Notable Days

  • 2023-07-19: Highest Volume — 425 contracts
  • 2023-07-12: Largest IV spike — 23.5% change
  • 2023-07-31: Highest IV Rank — 46.5%
  • 2023-07-31: Largest Expected Move — 21.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.21$9.25$11.54$9.63$11.50
Max Pain$7.75$7.50$10.00$7.50$10.00
ATM IV61.7%47.1%76.2%47.1%76.2%
Expected Move18.3%13.5%21.9%13.5%21.9%
HV 20d39.6%33.4%51.9%41.8%51.9%
HV 60d55.9%53.6%57.5%57.2%54.7%
IV Rank31.2%15.7%46.5%15.7%46.5%
IV Percentile43.3%4.0%78.2%4.0%78.2%
Term Structure-8.4%-17.4%14.5%14.5%-17.4%
VWIV67.2%47.0%87.0%47.0%77.7%
Skew 25d10.7%-5.5%26.8%13.3%17.5%
Skew 10d19.0%-7.5%42.4%20.9%29.7%
Call IV 25d56.9%43.9%69.2%43.9%64.8%
Put IV 25d67.6%57.2%82.3%57.2%82.3%
Bid-Ask Spread %52.548.2285.4281.5051.05
Gamma HHI0.430.370.580.380.58
Net GEX21.2K15.1K32.2K18.7K23.2K
Net DEX-1.0M-1.5M-575.0K-804.5K-1.4M
Net VEX-6.8K-8.2K-5.8K-6.3K-8.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.250.0056.000.000.12
Total Volume86.714251111
Total OI3,613.053,3023,9893,5223,730

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$9.63$7.5047.1%13.5%41.8%15.7%47.0%13.3%14.5%18.7K-804.5K-6.3K0.0081.50N/AN/A102,657865
2023-07-05$9.32$7.5048.7%14.0%44.5%17.4%0.0%10.7%11.8%17.3K-713.4K-6.1K0.0085.42N/AN/A102,658865
2023-07-06$9.30$7.5053.2%17.4%42.6%22.1%0.0%19.9%-8.7%16.8K-683.8K-5.8K1.0040.72N/AN/A112,658864
2023-07-07$9.25$7.5049.9%17.4%42.6%18.6%60.8%14.4%-7.6%16.6K-677.5K-5.8K0.0437.13N/AN/A2412,657864
2023-07-10$9.46$7.5051.6%17.3%37.8%20.4%63.8%22.9%-7.0%18.6K-722.2K-6.0K0.0738.96N/AN/A1512,649865
2023-07-11$9.80$7.5049.7%18.3%38.8%18.4%63.4%7.5%-11.6%21.3K-874.4K-6.3K0.0047.21N/AN/A37912,658865
2023-07-12$10.27$7.5061.3%17.6%39.9%30.7%55.9%10.4%-9.8%26.3K-1.2M-6.6K0.1658.00N/AN/A1932,758866
2023-07-13$10.50$7.5064.4%18.5%36.2%34.0%64.6%12.5%-12.1%25.3K-1.3M-6.9K0.0554.62N/AN/A7442,773867
2023-07-14$10.64$7.5063.5%18.2%34.8%33.0%62.6%-2.1%-10.5%25.5K-1.4M-6.8K0.4465.11N/AN/A1882,807868
2023-07-17$10.91$7.5064.7%18.5%33.4%34.3%65.4%0.8%-12.1%19.9K-1.5M-6.8K0.0363.63N/AN/A7322,817871
2023-07-18$10.80$7.5065.7%18.8%34.2%35.4%61.4%2.5%-11.8%21.2K-1.5M-6.9K0.0463.61N/AN/A2412,829871
2023-07-19$10.43$7.5064.5%18.5%35.5%34.1%0.0%-5.5%-10.8%27.9K-1.3M-6.5K0.0150.00N/AN/A41962,825871
2023-07-20$10.32$7.5064.5%18.5%36.0%34.1%87.0%11.6%-8.8%32.2K-1.3M-7.4K5.5043.25N/AN/A2113,104874
2023-07-21$10.27$7.5065.3%18.7%36.2%35.0%0.0%-4.3%-7.8%20.2K-1.3M-7.3K0.4849.85N/AN/A25123,105884
2023-07-24$10.00$7.5067.1%19.2%37.7%36.8%0.0%11.1%-11.0%19.2K-762.3K-6.9K1.0072.21N/AN/A662,538764
2023-07-25$9.82$7.5067.7%19.4%35.5%37.4%80.1%26.8%-12.8%18.6K-697.8K-6.7K56.008.22N/AN/A52802,542769
2023-07-26$9.82$7.5067.8%19.4%35.5%37.6%77.5%26.2%-12.8%15.1K-575.0K-6.9K15.3351.19N/AN/A3462,5421,022
2023-07-27$10.68$7.5070.8%20.3%45.2%40.7%69.5%0.9%-7.4%18.7K-981.5K-7.8K3.4754.35N/AN/A15522,5441,056
2023-07-28$11.54$10.0070.9%20.3%51.7%40.9%70.9%17.6%-13.5%21.2K-1.3M-8.2K1.2734.77N/AN/A37472,5501,089
2023-07-31$11.50$10.0076.2%21.9%51.9%46.5%77.7%17.5%-17.4%23.2K-1.4M-8.2K0.1251.05N/AN/A99122,6461,084