EB Options History — November 2023

In November 2023, EB traded between $6.69 and $8.29. ATM implied volatility averaged 45.6%, placing in the 15.8% IV rank vs the trailing year. The 30-day expected move averaged 13.5%. IV traded below realized volatility by 15.7% (HV 20d: 61.2%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 1.00.

Notable Days

  • 2023-11-02: Highest Volume — 986 contracts
  • 2023-11-06: Largest IV spike — 82.9% change
  • 2023-11-01: Highest IV Rank — 52.6%
  • 2023-11-01: Largest Expected Move — 23.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.38$6.69$8.29$7.46$7.04
Max Pain$7.62$7.50$10.00$10.00$7.50
ATM IV45.6%30.1%81.9%81.9%44.6%
Expected Move13.5%8.7%23.5%23.5%12.8%
HV 20d61.2%52.6%63.9%52.6%53.0%
HV 60d46.8%41.6%48.7%41.6%48.7%
IV Rank15.8%0.0%52.6%52.6%15.1%
IV Percentile11.5%0.0%90.5%90.5%6.0%
Term Structure-1.0%-19.1%15.0%-19.1%-0.8%
VWIV48.0%30.2%81.9%81.9%47.3%
Skew 25d12.5%-1.8%30.8%30.8%9.4%
Skew 10d17.8%-17.7%81.4%48.9%6.1%
Call IV 25d42.8%29.7%61.5%61.5%45.2%
Put IV 25d55.3%44.9%92.3%92.3%54.6%
Bid-Ask Spread %51.736.7683.9346.0520.40
Gamma HHI0.780.330.980.330.62
Net GEX34.1K-4.8K148.6K1.1K-4.0K
Net DEX124.0K-1.2M707.2K438.1K381.6K
Net VEX-2.4K-4.1K-1.3K-3.1K-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.000.0010.000.170.27
Total Volume118.23809869060
Total OI5,273.8573,7866,3244,1493,786

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$7.46$10.0081.9%23.5%52.6%52.6%81.9%30.8%-19.1%1.1K438.1K-3.1K0.1746.05N/AN/A7721342,7301,419
2023-11-02$7.99$7.5048.5%14.1%59.5%17.1%47.1%20.4%1.0%24.9K-138.0K-3.7K0.0674.26N/AN/A929573,7131,470
2023-11-03$8.20$7.5030.1%14.3%60.5%0.0%49.9%27.3%-1.6%26.7K-1.2M-3.8K1.5283.65N/AN/A31474,6981,494
2023-11-06$8.07$7.5055.1%14.2%60.4%25.9%0.0%19.3%0.2%46.2K-856.5K-4.1K0.3383.93N/AN/A1244,7201,540
2023-11-07$8.29$7.5035.5%14.6%61.6%5.6%50.9%20.5%-1.6%18.8K-1.2M-3.6K2.3361.96N/AN/A374,7291,539
2023-11-08$7.89$7.5044.9%12.9%63.5%15.3%0.0%15.7%1.7%56.8K-679.0K-3.6K0.0332.38N/AN/A3214,7301,541
2023-11-09$7.67$7.5046.6%13.4%62.1%17.1%0.0%14.1%-0.3%74.6K-422.7K-3.4K0.0063.40N/AN/A1404,7401,541
2023-11-10$7.26$7.5048.5%13.9%62.4%19.0%48.5%5.1%-3.2%69.2K195.6K-2.8K0.3347.72N/AN/A40134,7391,541
2023-11-13$7.12$7.5046.3%13.3%60.2%16.8%46.3%-1.8%-0.4%60.7K490.7K-2.2K1.3348.14N/AN/A21284,7731,531
2023-11-14$7.50$7.5044.5%12.7%63.9%14.9%44.5%12.0%-0.3%110.9K-154.8K-2.7K0.5072.24N/AN/A20104,7741,536
2023-11-15$7.47$7.5046.7%13.4%63.2%17.2%0.0%8.3%-1.1%148.6K-96.1K-2.6K0.009.32N/AN/A1004,7721,541
2023-11-16$7.29$7.5045.7%13.1%62.2%16.2%45.7%10.4%-0.4%115.9K442.6K-2.2K0.3383.80N/AN/A55184,7721,541
2023-11-17$7.36$7.5042.2%12.1%62.6%12.5%0.0%0.6%0.3%-4.2K649.0K-1.9K0.0064.33N/AN/A024,7741,550
2023-11-20$7.05$7.5045.3%13.0%63.7%15.7%45.5%7.4%-0.5%-4.3K677.6K-1.6K0.1437.28N/AN/A2132,5411,507
2023-11-21$6.89$7.5045.3%13.0%63.3%15.7%45.5%18.0%-1.6%-4.1K660.1K-1.5K0.0076.70N/AN/A202,5571,468
2023-11-22$6.92$7.5044.7%12.8%61.5%15.1%45.3%6.2%-0.9%-4.1K660.2K-1.5K10.0011.15N/AN/A2202,5591,464
2023-11-24$7.00$7.5043.1%12.3%61.8%13.4%42.9%3.3%0.5%-4.7K675.4K-1.4K0.0040.36N/AN/A202,5601,484
2023-11-27$6.87$7.5047.9%13.7%61.9%18.4%48.1%25.5%-4.9%-4.8K691.4K-1.3K1.6467.95N/AN/A50822,5611,484
2023-11-28$6.69$7.5030.5%8.7%62.1%0.4%30.2%8.7%15.0%-4.3K707.2K-1.3K0.046.76N/AN/A2612,6071,554
2023-11-29$6.88$7.5038.8%11.1%63.3%9.0%47.3%0.5%-3.3%-4.8K682.5K-1.4K0.2754.48N/AN/A1132,6161,555
2023-11-30$7.04$7.5044.6%12.8%53.0%15.1%0.0%9.4%-0.8%-4.0K381.6K-1.5K0.0020.40N/AN/A002,6311,155