EB Options History — January 2024

In January 2024, EB traded between $7.47 and $8.64. ATM implied volatility averaged 53.9%, placing in the 37.7% IV rank vs the trailing year. The 30-day expected move averaged 15.4%. IV traded above realized volatility by 4.4% (HV 20d: 49.5%). 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 19 of 21 days. Put/call ratio averaged 0.56.

Notable Days

  • 2024-01-17: Highest Volume — 342 contracts
  • 2024-01-30: Largest IV spike — 37.9% change
  • 2024-01-31: Highest IV Rank — 49.0%
  • 2024-01-31: Largest Expected Move — 17.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.93$7.47$8.64$7.88$8.45
Max Pain$7.74$7.50$10.00$10.00$7.50
ATM IV53.9%38.0%61.1%52.1%61.1%
Expected Move15.4%10.9%17.5%15.0%17.5%
HV 20d49.5%35.8%56.9%56.9%35.8%
HV 60d54.1%48.2%56.1%55.5%48.2%
IV Rank37.7%12.4%49.0%34.8%49.0%
IV Percentile43.6%1.6%64.3%36.5%64.3%
Term Structure4.9%-0.4%25.6%2.2%4.0%
VWIV49.7%32.1%56.7%51.9%32.1%
Skew 25d15.8%-17.2%29.0%12.4%17.7%
Skew 10d29.5%-18.7%47.1%24.3%44.7%
Call IV 25d43.1%32.9%55.1%42.4%41.2%
Put IV 25d58.9%36.8%66.0%54.8%58.9%
Bid-Ask Spread %71.2442.9281.1642.9277.27
Gamma HHI0.590.450.710.450.67
Net GEX776-23.8K15.0K16412.9K
Net DEX-107.2K-480.0K245.5K10.9K-415.3K
Net VEX-3.0K-3.3K-2.4K-3.2K-3.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.007.630.140.38
Total Volume96.952534222417
Total OI4,087.6192,1695,5025,0812,219

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$7.88$10.0052.1%15.0%56.9%34.8%51.9%12.4%2.2%16410.9K-3.2K0.1442.92N/AN/A196283,6701,411
2024-01-03$7.71$10.0051.1%14.7%55.5%33.2%50.8%11.1%1.4%-2.8K96.1K-3.2K0.1260.24N/AN/A137163,7191,411
2024-01-04$7.99$7.5054.7%15.4%55.7%38.8%0.0%3.2%2.1%1.0K-5.6K-3.3K2.3380.39N/AN/A373,7151,420
2024-01-05$7.97$7.5051.3%15.0%55.5%33.5%51.8%5.2%3.6%-584-8.7K-3.2K0.0077.84N/AN/A7603,7151,427
2024-01-08$8.00$7.5059.6%15.0%53.5%46.6%52.6%1.3%3.9%711-29.9K-3.2K0.0081.16N/AN/A32503,7631,427
2024-01-09$7.63$7.5053.6%15.4%53.0%37.1%0.0%19.4%1.5%-7.2K113.1K-3.0K0.0579.39N/AN/A6233,8361,427
2024-01-10$7.71$7.5053.4%15.3%53.0%36.8%0.0%20.4%1.3%-5.4K89.1K-3.0K0.0479.50N/AN/A21183,8381,428
2024-01-11$7.79$7.5052.8%15.1%53.1%35.9%0.0%20.9%2.3%-7.2K43.4K-2.8K0.0079.68N/AN/A3403,7831,420
2024-01-12$7.70$7.5054.9%15.7%53.2%39.2%0.0%21.0%0.0%-9.3K105.6K-2.7K0.0079.34N/AN/A3203,7501,420
2024-01-16$7.55$7.5055.7%16.0%49.0%40.4%0.0%23.1%-0.4%-17.0K195.5K-2.4K0.0378.49N/AN/A3913,7481,420
2024-01-17$7.47$7.5056.9%16.3%48.5%42.3%0.0%19.1%-0.2%-18.5K245.5K-2.4K0.0480.11N/AN/A328143,7741,419
2024-01-18$7.59$7.5054.2%15.5%48.9%38.0%54.2%19.7%6.4%-23.8K59.3K-2.8K0.1078.28N/AN/A2124,0891,410
2024-01-19$7.79$7.5053.7%15.4%48.1%37.3%54.5%20.5%4.5%9.7K-216.8K-2.8K0.1053.09N/AN/A149154,0901,412
2024-01-22$7.83$7.5056.7%16.3%46.2%42.0%56.7%25.8%3.9%9.8K-274.0K-2.8K7.6367.91N/AN/A8611,746423
2024-01-23$7.88$7.5053.4%15.3%45.4%36.8%53.4%23.3%6.6%9.6K-277.2K-2.8K0.0068.35N/AN/A3501,751484
2024-01-24$7.88$7.5054.5%15.6%45.4%38.6%54.5%23.8%5.0%9.8K-285.3K-2.9K0.1568.02N/AN/A2741,785484
2024-01-25$8.21$7.5054.8%15.7%47.4%39.0%34.7%14.7%6.4%11.8K-363.3K-3.0K0.0071.09N/AN/A7501,759488
2024-01-26$8.27$7.5057.9%16.6%47.2%43.9%0.0%17.1%2.5%12.5K-382.3K-3.1K0.0070.96N/AN/A501,764488
2024-01-29$8.63$7.5038.0%10.9%45.2%12.4%0.0%-17.2%25.6%14.9K-471.2K-3.2K0.0057.62N/AN/A2501,764488
2024-01-30$8.64$7.5052.4%15.0%43.8%35.2%32.1%29.0%20.6%15.0K-480.0K-3.2K0.3864.30N/AN/A52201,767488
2024-01-31$8.45$7.5061.1%17.5%35.8%49.0%0.0%17.7%4.0%12.9K-415.3K-3.1K0.0077.27N/AN/A0171,731488