EB Options History — August 2023

In August 2023, EB traded between $10.07 and $11.86. ATM implied volatility averaged 56.3%, placing in the 25.4% IV rank vs the trailing year. The 30-day expected move averaged 15.8%. IV traded above realized volatility by 0.9% (HV 20d: 55.4%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 15 of 23 days. Put/call ratio averaged 5.77.

Notable Days

  • 2023-08-03: Highest Volume — 1,307 contracts
  • 2023-08-04: Largest IV drop — 36.5% change
  • 2023-08-03: Highest IV Rank — 62.7%
  • 2023-08-02: Largest Expected Move — 24.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.63$10.07$11.86$11.09$10.16
Max Pain$11.20$10.00$12.50$10.00$10.00
ATM IV56.3%45.0%91.4%83.3%45.4%
Expected Move15.8%12.9%24.3%23.9%13.0%
HV 20d55.4%42.2%61.5%54.3%42.2%
HV 60d49.2%46.4%55.9%54.8%46.4%
IV Rank25.4%13.4%62.7%54.0%13.9%
IV Percentile23.2%2.8%96.4%91.3%3.2%
Term Structure-1.1%-20.1%4.5%-19.3%4.5%
VWIV53.6%29.3%82.0%79.2%45.4%
Skew 25d10.4%-4.1%98.2%8.4%98.2%
Skew 10d19.1%-7.7%183.2%29.3%183.2%
Call IV 25d50.4%35.3%80.8%75.4%39.4%
Put IV 25d60.8%46.8%137.5%83.8%137.5%
Bid-Ask Spread %55.146.9286.2964.9786.29
Gamma HHI0.540.400.650.570.49
Net GEX21.3K11.3K46.5K22.3K12.8K
Net DEX-980.3K-1.9M-524.7K-1.2M-538.0K
Net VEX-10.1K-11.4K-8.0K-8.0K-9.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.770.00111.000.900.00
Total Volume219.65201,3071,07726
Total OI5,512.2173,7555,9533,7555,620

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$11.09$10.0083.3%23.9%54.3%54.0%79.2%8.4%-19.3%22.3K-1.2M-8.0K0.9064.97N/AN/A5665112,6711,084
2023-08-02$10.93$10.0084.6%24.3%52.9%55.4%82.0%1.7%-20.1%24.3K-1.2M-9.5K0.0464.41N/AN/A16563,1721,461
2023-08-03$10.64$12.5091.4%19.4%54.2%62.7%64.4%7.5%-5.5%25.9K-1.1M-9.6K0.9566.42N/AN/A6706373,4191,466
2023-08-04$11.29$12.5058.0%15.2%57.1%27.2%52.2%11.4%-0.0%33.6K-1.5M-11.4K0.6764.75N/AN/A3242173,6361,965
2023-08-07$11.86$12.5054.4%14.7%58.6%23.3%53.1%6.2%0.7%46.5K-1.9M-11.3K1.4910.64N/AN/A37553,7211,993
2023-08-08$11.30$12.5050.6%14.9%61.5%19.4%56.9%10.8%0.5%36.3K-1.4M-11.1K0.0064.12N/AN/A1103,7252,028
2023-08-09$11.29$12.5051.8%14.8%59.8%20.6%0.0%9.4%0.0%36.5K-1.4M-11.0K0.0329.46N/AN/A3813,7322,028
2023-08-10$11.11$12.5055.4%15.9%59.8%24.4%50.3%4.9%0.1%20.9K-1.2M-10.6K0.1474.20N/AN/A705993,7322,028
2023-08-11$10.68$12.5052.8%15.1%61.5%21.7%52.2%-0.7%3.7%21.7K-1.0M-10.5K0.1054.40N/AN/A216213,7602,117
2023-08-14$10.77$12.5055.8%16.0%60.9%24.9%0.0%4.1%0.0%23.0K-1.1M-10.7K0.2932.47N/AN/A1443,8492,096
2023-08-15$10.73$12.5055.7%16.0%60.8%24.8%56.4%1.1%-1.9%17.3K-1.1M-10.5K0.0044.63N/AN/A3603,8462,096
2023-08-16$10.57$12.5054.3%15.6%59.7%23.3%52.2%-0.2%-0.2%21.2K-989.0K-10.4K1.2511.69N/AN/A8103,8492,093
2023-08-17$10.21$12.5054.3%15.6%60.9%23.3%54.3%-3.7%-1.4%28.4K-743.5K-10.1K0.0066.06N/AN/A5203,8432,095
2023-08-18$10.30$10.0054.3%15.6%61.0%23.3%54.3%-1.7%-1.6%12.0K-855.0K-10.0K0.006.92N/AN/A4203,8582,095
2023-08-21$10.23$10.0051.7%14.8%60.2%20.5%51.7%-4.1%3.3%11.3K-614.5K-9.7K0.5676.79N/AN/A2041153,1861,980
2023-08-22$10.16$10.0051.3%14.7%59.9%20.1%47.7%5.1%0.8%13.7K-628.5K-9.9K0.0044.42N/AN/A2003,3762,072
2023-08-23$10.48$10.0050.7%14.5%60.8%19.5%29.3%19.1%1.7%16.8K-862.4K-10.2K0.0077.33N/AN/A1303,3922,072
2023-08-24$10.27$10.0048.9%14.0%53.2%17.5%0.0%16.6%2.3%14.5K-701.0K-9.8K0.0056.09N/AN/A003,4032,072
2023-08-25$10.11$10.0048.9%14.0%44.3%17.6%48.9%8.1%1.0%13.7K-602.1K-9.6K1.0042.76N/AN/A223,4032,074
2023-08-28$10.07$10.0050.3%14.4%44.3%19.1%50.3%7.9%0.5%12.7K-524.7K-9.4K111.0076.93N/AN/A11113,4042,076
2023-08-29$10.14$10.0045.0%12.9%43.1%13.4%44.8%14.9%4.0%12.1K-579.9K-9.7K0.8067.62N/AN/A1083,4052,182
2023-08-30$10.21$10.0046.9%13.5%43.1%15.5%46.9%15.2%1.9%13.3K-619.3K-9.8K7.6484.99N/AN/A11843,4332,173
2023-08-31$10.16$10.0045.4%13.0%42.2%13.9%45.4%98.2%4.5%12.8K-538.0K-9.7K0.0086.29N/AN/A2603,4252,195