EB Options History — December 2023

In December 2023, EB traded between $7.38 and $8.73. ATM implied volatility averaged 47.3%, placing in the 22.6% IV rank vs the trailing year. The 30-day expected move averaged 13.5%. IV traded below realized volatility by 3.5% (HV 20d: 50.8%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 5 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 3.08.

Notable Days

  • 2023-12-28: Highest Volume — 1,254 contracts
  • 2023-12-13: Largest IV spike — 17.1% change
  • 2023-12-29: Highest IV Rank — 36.7%
  • 2023-12-29: Largest Expected Move — 15.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.02$7.38$8.73$7.46$8.46
Max Pain$9.88$7.50$10.00$7.50$10.00
ATM IV47.3%41.5%53.3%42.7%53.3%
Expected Move13.5%12.2%15.3%12.2%15.3%
HV 20d50.8%46.5%54.4%51.1%53.0%
HV 60d51.7%50.4%53.7%50.4%53.7%
IV Rank22.6%11.8%36.7%13.1%36.7%
IV Percentile17.6%2.8%38.9%3.6%38.9%
Term Structure2.2%-15.8%8.6%0.4%0.5%
VWIV60.6%27.7%299.6%41.8%32.0%
Skew 25d16.9%-27.0%86.8%86.8%15.6%
Skew 10d35.2%-5.8%135.2%135.2%26.9%
Call IV 25d36.4%29.2%60.4%60.4%36.0%
Put IV 25d53.3%31.2%147.2%147.2%51.5%
Bid-Ask Spread %62.829.6085.5361.3856.30
Gamma HHI0.470.430.590.520.53
Net GEX-597-5.2K10.3K-3.5K10.3K
Net DEX145.2K-238.6K346.9K287.6K-238.6K
Net VEX-1.9K-3.6K-1.6K-1.7K-3.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.080.0033.000.000.07
Total Volume121.3521,25420419
Total OI3,955.43,7594,9243,7864,924

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$7.46$7.5042.7%12.2%51.1%13.1%41.8%86.8%0.4%-3.5K287.6K-1.7K0.0061.38N/AN/A2002,6311,155
2023-12-04$7.78$10.0050.0%13.1%52.7%20.6%45.8%14.7%4.9%-1.3K206.7K-1.8K12.609.60N/AN/A5632,6041,155
2023-12-05$7.54$10.0052.3%13.6%53.5%23.0%0.0%16.6%4.9%-3.5K286.9K-1.7K0.0085.53N/AN/A1602,6031,217
2023-12-06$7.66$10.0047.5%13.5%52.8%18.0%47.0%16.9%4.5%-3.1K260.6K-1.8K33.0032.23N/AN/A1332,6151,217
2023-12-07$7.38$10.0047.3%13.0%51.5%17.8%45.2%18.2%6.6%-5.2K346.9K-1.6K0.0079.46N/AN/A032,6161,247
2023-12-08$7.79$10.0045.5%12.6%54.4%16.0%43.7%-5.0%8.6%-3.7K242.2K-1.8K0.0767.67N/AN/A152112,6161,249
2023-12-11$7.89$10.0046.8%13.8%50.4%17.3%36.0%22.5%3.1%-1.7K197.0K-1.9K0.0475.09N/AN/A5522,7061,250
2023-12-12$7.86$10.0041.5%13.7%49.7%11.8%47.9%22.1%3.5%-1.9K189.7K-1.9K3.2767.94N/AN/A11362,7541,248
2023-12-13$7.88$10.0048.6%13.9%46.5%19.1%0.0%22.6%4.0%-2.4K202.0K-1.9K0.0068.40N/AN/A202,7551,278
2023-12-14$8.34$10.0045.7%13.1%50.3%16.7%45.7%15.1%4.4%1.6K53.9K-2.1K0.0076.06N/AN/A2702,7571,278
2023-12-15$8.14$10.0047.6%13.6%50.2%27.6%299.6%19.0%-3.0%-376113.5K-1.9K4.2677.07N/AN/A19812,7511,278
2023-12-18$8.05$10.0045.1%12.9%50.6%23.6%45.0%14.7%3.2%-2.2K165.5K-1.7K0.0175.47N/AN/A11312,6301,247
2023-12-19$8.34$10.0046.2%13.3%48.4%25.5%27.7%13.8%2.0%1.4K74.1K-1.9K0.0081.95N/AN/A1702,6331,247
2023-12-20$8.02$10.0047.1%13.5%50.1%26.9%47.1%17.9%1.1%-2.8K183.9K-1.8K0.0075.30N/AN/A2302,6421,247
2023-12-21$8.21$10.0046.7%13.4%50.4%26.2%78.8%16.2%2.5%-832126.5K-1.8K0.0069.81N/AN/A2302,6441,247
2023-12-22$8.20$10.0047.0%13.5%50.5%26.7%47.0%15.0%2.2%-1.1K133.3K-1.8K0.0061.96N/AN/A602,6651,247
2023-12-26$8.36$10.0047.0%13.5%49.6%26.6%0.0%16.1%3.7%53382.9K-1.6K0.0026.89N/AN/A1002,6621,247
2023-12-27$8.25$10.0046.3%13.3%48.6%25.5%46.2%5.9%2.9%-945103.5K-1.6K5.0073.51N/AN/A4202,6721,247
2023-12-28$8.73$10.0050.9%14.6%50.9%32.9%53.1%-27.0%-15.8%8.8K-113.1K-2.2K0.1434.72N/AN/A1,1041502,6701,257
2023-12-29$8.46$10.0053.3%15.3%53.0%36.7%32.0%15.6%0.5%10.3K-238.6K-3.6K0.0756.30N/AN/A391283,5401,384